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Topic: [ANN] DIGNITY (DIG) Official Page - Formerly Unity Ingot - page 11. (Read 48013 times)

member
Activity: 91
Merit: 10
On the Arbitrade Twitter feed.....better hold off for another while.

Arbitrade Exchange | Official @ArbitradeX

We are aware of an “out of gas” situation that is preventing withdrawals of $DIG from C-CEX. This problem is being resolved. Withdrawals should not be attempted at this time.
sr. member
Activity: 346
Merit: 250
Yes, the "Swap" is complete. That's it. Our DIG is still being held hostage! C-Cex set the withdrawal fee too low. There is not enough to pay for the GAS needed to move the tokens off the exchange. All attempts to withdraw fail on the blockchain and sit in limbo. We can only wait and hope that those failed transactions bounce back to our wallets.

Arbitrade is aware and attempting to contact C-Cex again over the matter but we all know how that goes. True to form, Yuriy is trying to squeeze holders into trading their DIG for BTC at deflated values to get their holdings off the exchange rather than direct withdrawals. When this is all over, I think we need to pay Yuriy "a visit". You know, to "thank" him.  Cool
member
Activity: 91
Merit: 10
Good news for those with tokens on the C-Cex exchange....


UNY to DIG Swap on C-CEX Complete

Good Day from Arbitrade and Cryptobontix.

We are very excited to announce that we have been successful working with C-CEX in getting the Unity Ingot (UNY) contract fixed and all UNY tokens on the exchange swapped to Dignity (DIG).

Since February of this year, Arbitrade/Cryptobontix have been working diligently with C-CEX to correct the UNY contract that was on the C-CEX exchange so that holders of UNY could swap them for DIG. Regrettably, that process took much longer than we anticipated due to a lapse in cooperation on the side of C-CEX. Thanks to the unrelenting determination of the Arbitrade/Cryptobontix team, those issues have since been resolved and all wallets containing UNY on C-CEX have been swapped 1:1 for DIG as of today.

Since the contract has been fixed and the swap is complete, DIG will remain listed on C-CEX at this time.

For those who had moved UNY off of an exchange and onto a hardware wallet or otherwise and later missed the opportunity to transfer them into a UNY wallet on Livecoin.net before the UNY/DIG swap in February, there is another swap opportunity coming. Next week, we will provide a website and an easy to follow process that will allow those remaining holders of UNY to swap them for DIG 1:1. The exact day when this will happen is still to be determined but we will put out an announcement as soon as it becomes available.

Once again, we are very pleased with the success of our team in getting the contract fixed and token swap accomplished as we continue to move forward in meeting our goals and objectives.

Sincerely,
Arbitrade Management
sr. member
Activity: 346
Merit: 250
Case in point...

Quote
This upcoming week represents one of the largest events ever in the cryptocurrency space, Consensus 2018. The event is hosted by CoinDesk and is the largest of it’s kind. Board members and consultants of Arbitrade will be on hand to attend scheduled meetings with governments, family office funds and other leading technology companies for potential partnerships and acquisitions.

The goal of Arbitrade is to be a leader in Fintech for the cryptocurrency sector in the categories of trade, point-of-sale, storage, business services, and a medium of exchange. Although the timing of some news releases from the company has been a little slow at times, the company is dedicated to over delivering in every way prior to and after the launch of our bullion-backed tokens and the Arbitrade platform.

The Watford, Ontario facility is entering into the final construction phase of the initial build-out as we also work toward bringing the Atlanta data facility, and even potentially a New York mining facility, online as soon as humanly possible.

15% of the daily mined proceeds will kick off the market support of the tokens, which is expected to stabilize the price fluctuations and drive up interest for the strongest tokens in the sector.

The aggressive moves the company has been completing and the growing number of financial interests in the company should allow Arbitrade to complete it’s objectives ahead of schedule. The objectives include everything from the entire build-out of the mining facilities to the infrastructure of the platform, and to even the simplest things such as the vault storage of the physical bullion, which can be audited at any time. The company will verify and audit all the reserved bullion prior to the final announcements of where the metals are and how they are being applied to each token.

We encourage everyone to follow our official social media feeds on Telegram and Twitter for updates.

Twitter - https://twitter.com/ArbitradeX

Telegram - Official News Channel - https://t.me/ArbitradeOfficialNews

Telegram - Official Cryptobontix Community - https://t.me/ArbitradeOfficial

Arbitrade management looks forward to this final stretch of negotiations prior to the official launches in all our digital assets and rolling out the red carpet for all of the company’s supporters.

Sincerely,
Arbitrade Management

https://arbitrade.io / https://cryptobontix.com

38 Main St.
Grand Bend Ontario N0M 1T0
CANADA
sr. member
Activity: 346
Merit: 250
Bitcoin has no any head office because Bitcoin is decentralized currency which is working on technology  base and this peer to peer decentralized so it’s working only blockchain technology not to the persons that is why there is no any need of head office or any chances of such type of thinks,
You're fooling yourself if you believe there is no centralization to Bitcoin. Only the token itself operates in a decentralized manner on a blockchain and distributed nodes. There is still a core development team behind coding of the wallets. Most exchanges are completely centralized, operate from a single location and rely on a single business entity. Even the new breed of DEX which I fully endorse still have core development teams behind them.

Yes, Arbitrade is another single business entity. That's how it goes. Deal with it. They have expended great effort to ensure that their multinational operation is fully compliant with all relevant government entities and regulations, and fully transparent by documenting those efforts for open review. It is essentially the EGold model reborn and expanded without the "I'm invincible. You can't touch this." mindset. To this day, EGold (https://en.wikipedia.org/wiki/E-gold), a predecessor to Bitcoin, would have continued to be a huge success had they not just shrugged off the SEC as irrelevant and out of their jurisdiction, so much so that there might not even have been a need for Bitcoin in the first place. The Cryptobontix tokens themselves are also decentralized ERC-20 tokens operating on the Etherium blockchain with distributed nodes.

Rather then spreading FUD, do some homework. If you miss this opportunity now, you will be kicking yourself in the @$$ very soon.

IMHO,
Z
member
Activity: 280
Merit: 10
Bitcoin has no any head office because Bitcoin is decentralized currency which is working on technology  base and this peer to peer decentralized so it’s working only blockchain technology not to the persons that is why there is no any need of head office or any chances of such type of thinks,
member
Activity: 201
Merit: 11
Excellent news, company executives really work. We see support and recovery of the price of DIG tokens. A huge step towards trust on the part of the community would be the completion of the exchange of tokens, which stuck with users because of the unfair work of the C-CEX exchange. Good luck at the upcoming summit!
newbie
Activity: 15
Merit: 0
Im also liking what they are building and especially now that they have been releasing news as they said they would.
sr. member
Activity: 346
Merit: 250

Oh boy old world order dinosaurs in crypto. Out of this project.
Please do not let the door hit you in the @$$ on your way out.
member
Activity: 91
Merit: 10
Arbitrade/Cryptobontix Official Social Channels

Good day from Arbitrade and Cryptobontix.

We are pleased to share with you our official Twitter and Telegram channels where you can join the community talking about Arbitrade/Cryptobontix as well as receive notifications and links to news as it happens:

Twitter - https://twitter.com/ArbitradeX

Telegram - Official News Channel - https://t.me/ArbitradeOfficialNews

Telegram - Official Cryptobontix Community - https://t.me/ArbitradeOfficial

Any other channels found to be existing that appear to be Arbitrade Exchange or Cryptobontix are UNOFFICIAL and are not moderated or sanctioned by the company.

Sincerely,
Arbitrade Management

https://arbitrade.io / https://cryptobontix.com
member
Activity: 91
Merit: 10
Arbitrade Appoints Three New Independent Directors to Its Board
Makes two key senior management appointments – a new Chief Financial Officer and Senior Vice President of Technology and President of its subsidiary, ArbiPay

NEW YORK, May 10, 2018 (GLOBE NEWSWIRE) -- Mr. Leonard Schutzman, Chairman and Chief Executive of Arbitrade, a leading coin/cryptocurrency exchange, has announced the appointment of three new independent directors to Arbitrade's board together with two key executive appointments.

Mr. Brent M. Longnecker will serve as Chairman of the Compensation Committee.  Mr. Longnecker has more than 30 years experience in consulting for public and private organizations and has built one of the country’s leading, privately held executive management consultancies, serving both domestic and international markets. Mr. Longnecker serves on the board of the National Association of Corporate Directors (NACD).

Mr. Bob DeRodes has over 45 years of experience in information technology, focused primarily in four industry sectors – banking, airlines, payments and retail.  He has spent 15 years automating regional banks and was President of Sabre Development Services and CEO of Delta Technologies. He was also  CTO, Citibank Global Cards and Executive Vice President of First Data Global Operations & Technology.  He served as Executive Vice President and CIO of Target Brands, Inc. Mr. DeRodes has significant experience in cyber security and has been an adviser to the CIO of Homeland Security.

Mr. William Transier has also been appointed to Arbitrade’s Board of Directors. He is Chief Executive Officer of Transier Advisors, LLC, an independent advisory firm providing services to companies facing stressed operational situations, turnaround, restructuring or in need of interim executive leadership. He was co-founder of Endeavour International Corporation, and international oil and gas exploration and production company. He also served as Chairman, Chief Executive Officer and President of Endeavour from September 2006 until December 2014 and then as non-executive Chairman until his retirement in November 2015. He was Executive Vice President and Chief Financial Officer of Ocean Energy, Inc., from March 1999 until April 2003 and served in various roles including KPMG, LLP, including that of partner in the audit department and head of its Global Energy practice, from June 1986 to April 1996. Mr. Transier is Chairman of the Board of Helix Energy Solutions Group, Inc.  He has been a member of its board since September 2000 and currently serves as lead Director on the Board of Directors of two non-public companies were he is the lead independent director.

Mr. Schutzman was also pleased to announce two key senior management appointments for Arbitrade and ArbiPay, Arbitrade’s banking system subsidiary.

Mr. Larry Meyer has been appointed Executive Vice President and Chief Financial Officer of Arbitrade. He brings a wealth of financial management experience to the company, having served in numerous positions during a decade with PepsiCo including Regional Finance Director for Pepsi Cola International where he expanded the company and restructured operations.  During the decade of the 1990’s, while both companies were public, he was Chief Financial Officer at Toys R Us International where he expanded the business and he was CFO of Gymboree where he turned around the company.  From 2001 to 2012, he was Executive Vice President  and CFO of Forever 21 during which time the business few from a regional chain to a global brand.  He was most recently Chief Executive Officer of Unniqlo's U.S. business. Mr. Schutzman said, “Larry’s brilliance as a strategic thinker, combined with his deal making ability and formidable international experience, makes him a perfect addition to Arbitrade’s executive leadership team.”

Mr. Mohammad Markatia, already a Director of Arbitrade, has joined the company’s management team and will serve as Arbitrade’s Senior Vice President of Technology.  He will also serve both as President and President of Technology at ArbiPay, Arbitrade's payment systems subsidiary company.

In announcing these key appointments, Mr. Schutzman said,”Arbitrade and our subsidiary company, ArbiPay, are fortunate to have the services of these 5 talented executives.  They add strength to a Board of Directors and senior management team that provides experience and capabilities which are unrivaled in the fast growing and dynamic cypto currency and payments industry.”

ARBITRADE, through its proprietary software and strategic partnerships, plans to be in all segments of the cryptocurrency business, including currency mining, trading (The ARBITRADE Exchange) gift cards, debit cards, money transfer and Point of Sale processing.
sr. member
Activity: 346
Merit: 250
I wonder if there are plans in the works for a Ledger wallet?
member
Activity: 91
Merit: 10
Cryptobontix Launches 5500 Crypto-Mining Rigs for Token Backing

NEW YORK, May 08, 2018 (GLOBE NEWSWIRE) -- Arbitrade Ltd. is happy to announce that it is rolling out with their long-awaited launch plans and starting to reveal their operational plans of the past couple years. Arbitrade will commence its mining operations with Hayden Gill from Coin Miner LLC as the company’s leading advisor and consultant. Mr. Gill has been in the cryptocurrency mining sector for many years and has become one of the leading advisors in North America.

Coin Miner LLC, a global leader in blockchain transaction processing (mining) infrastructure and hardware supply, has just completed a sale of another 5500 ASIC mining units to support Arbitrade’s first two tokens, Dignity (DIG on Livecoin.net) and Reciprocation (ECHO on Livecoin.net). This purchase of ASICs will continue to diversify the Arbitrade mining portfolio with Algorithms including SHA-256, Scrypt, Blake (14r) and Blake (2b). The units are expected to start deployment in about 2 weeks from 3 of the main cryptocurrency mining rig suppliers and finishing by mid-June in a top tier Atlanta collocation facility.

The Watford Ontario facility is still in the build out phase of the property and currently has 2300 mining rigs from Bitmain, Halong, and Canada Computers in inventory and waiting to be deployed once the electrical permits pass through the city building inspectors. After recent meetings with the Watford town council representatives and building inspectors, this process could require another 4 weeks before the mining rigs can be deployed and operating from the Arbitrade/Cryptotopic Industries Ontario property. For this reason, Mr. Gill advised Arbitrade to acquire additional data collocation facilities so that there is a way to immediately deploy vast numbers of mining rigs to start achieving the company’s end goal to have 65,000+ mining rigs online by year end.

Coin Miner has already been approved for finances and is working on procuring the next 15000 miners to support the next three tokens, Namaste (NAM), Orectic (ORE) and Honor (HNR). Hayden Gill has been quoted as saying, “As the lead mining consultant and advisor to the Arbitrade team I can confirm the mining project is ramping up to be one the most secure and innovative designs globally. Our state of the art designs effectively address heat dispersion, site security, energy efficiency and facility safety.  The commitment by the Arbitrade board to purchasing the needed hardware and building proper mining infrastructure will give Arbitrade a mining operation that can stand up against the top mining operators globally.”

The purpose of the mining operations has stayed close to the same program as originally set by the founders. The mining rigs earn daily amounts of cryptocurrency coins. A large portion of those coins are then sold and used in this way: 50% daily earnings are used to pay off bullion debt that backs tokens, 20% is to immediately purchase more mining rigs to deploy as soon as delivered (exponential growth), 15% is used to support the tokens in the market and 15% is used for speculation growth and operations of the mining sector of the company.
newbie
Activity: 12
Merit: 0
hi, where is it possible to check the quotations or exchanges of HNM ORE NAM?
tks
They are technically on Livecoin exchange, but are practically not tradeable yet due to the enormouse price (500/1000 USD). If I am not mistaken, they will be tradeable from June.
ok i found it...  prices went up 1000% ... but also down... poor volume... 20-60 K $ .. i but limit order for few dollars ... Nobody knows the circulating supply for NAM HNR ORE?

newbie
Activity: 1
Merit: 0
hi, where is it possible to check the quotations or exchanges of HNM ORE NAM?
tks
They are technically on Livecoin exchange, but are practically not tradeable yet due to the enormouse price (500/1000 USD). If I am not mistaken, they will be tradeable from June.
newbie
Activity: 12
Merit: 0
1USD minimum... Yep Yep Yep!!!!!

Why is DIG at around $.3 and NAM is at $441? Huh Per this announcement, DIG will have a floor of $1 on June 1st and NAM will have one of $2. ORE and HNR are also way out of wack compared to DIG and this announcement.

All had big run ups today:
Honor      HNR   55.37%      
Namaste      NAM   54.76%      
Orectic      ORE   25.27%
   DIG   -2.45% but a large volume at 237BTC

hi, where is it possible to check the quotations or exchanges of HNM ORE NAM?

tks
newbie
Activity: 25
Merit: 1
There's a steady daily rise since 4/29 on DIG. Maybe Arbitrade has been buying up the DIG coins now to slowly get to the $1 floor price by June 1st.

I helped them a bit with the buying today.
newbie
Activity: 25
Merit: 1
1USD minimum... Yep Yep Yep!!!!!

Why is DIG at around $.3 and NAM is at $441? Huh Per this announcement, DIG will have a floor of $1 on June 1st and NAM will have one of $2. ORE and HNR are also way out of wack compared to DIG and this announcement.

All had big run ups today:
Honor      HNR   55.37%      
Namaste      NAM   54.76%      
Orectic      ORE   25.27%
   DIG   -2.45% but a large volume at 237BTC
sr. member
Activity: 346
Merit: 250
Is there a ANN thread for Dignity here yet?
newbie
Activity: 15
Merit: 0
news if finally out and its good new! Hope dig goes to the moon!
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