[ANN] UCoin swap to Usoamic | Bitcointalksearch.org

OrsonJ

sr. member

Activity: 597

Merit: 253

... and the swarm is headed towards us

Quote from: Usoamic on May 03, 2022, 05:28:52 AM

Services are disabled, the remaining coins are burned. Current supply 3.16M.
We have increased the exchange price to 0.0000012 ETH per coin. As before, you can exchange your USO for ETH via a smart contract.
Thank you for being with us all this time and sorry for any inconvenience.

Thank you dev, the way you've ended the project shows real generosity and integrity. There aren't many people like you left round these parts. I wish you all the very best in your life and in whatever you decide to do next.

Usoamic

newbie

Activity: 54

Merit: 0

Services are disabled, the remaining coins are burned. Current supply 3.16M.
We have increased the exchange price to 0.0000012 ETH per coin. As before, you can exchange your USO for ETH via a smart contract.
Thank you for being with us all this time and sorry for any inconvenience.

Usoamic

newbie

Activity: 54

Merit: 0

We remind you that IslaCoin Wallet, UCoin Wallet, IslaCoin Exchanger and Usoamic Swap Platform are closing on May 1, 2022.
Usoamic coins remaining in the account by this time will be burned. Please withdraw your coins ASAP.

Usoamic

newbie

Activity: 54

Merit: 0

IslaCoin Wallet, UCoin Wallet, IslaCoin Exchanger and Usoamic Swap Platform will be closed on May 1, 2022. After this date, you will not be able to use the funds in your account, since all Usoamic coins remaining in the account by this time will be burned. Please withdraw your coins as soon as possible.

We have updated IslaCoin Wallet, UCoin Wallet and IslaCoin Exchanger: now you can apply for a withdrawal of funds with automatic exchange in ETH right in the wallet.

UCoinTeam

sr. member

Activity: 289

Merit: 250

Quote from: drays on December 14, 2021, 02:09:15 PM

I really wonder why masses continue using ETH with such fees, when there are many pretty good alternatives readily available with incomparably better cost. Network effect? ETH 'patriotism'? Strange love and devotion towards Buterin..? Vitalikophilia? Grin

Ecosystem, a lot of everything is tied to it. It is trite, it is difficult to list a token to exchanges using a blockchain of another currency.

Quote from: drays on December 14, 2021, 02:09:15 PM

In general I would like to thank you personally for all your work, persistence and integrity shown on this project. It was an unique project in altcoin space by some aspects.

Thank you very much, I am very pleased to hear that.

For a very long time I could not persuade myself to put an end to it. One of the main reasons was that in this way I would let down holders who have been expecting something from me for 7 years.

drays

legendary

Activity: 2576

Merit: 1073

Quote from: UCoinTeam on December 14, 2021, 11:16:04 AM

Quote from: drays on December 14, 2021, 11:12:23 AM

Thanks for the guide. I tried to make a test transfer to the Webwallet from my Swap page account (swap.usoamic.io). The amount was deducted, I got a message saying TX was successful, but there is nothing on block explorer. Moreover, I noticed the blockchain height is wrong on swap page. Probably not updated?

Swap platform processes withdrawal requests every half hour.

UPD: I want to warn you that due to the high fee at ETH network, you can pay a decent fee for the exchange.

Thanks for letting me know. The withdrawal worked well indeed.

Regarding the ETH high fees, its old news... We are getting used to those ridiculous network fees already Undecided

I really wonder why masses continue using ETH with such fees, when there are many pretty good alternatives readily available with incomparably better cost. Network effect? ETH 'patriotism'? Strange love and devotion towards Buterin..? Vitalikophilia? Grin

I know you have no control over those fees of course. In general I would like to thank you personally for all your work, persistence and integrity shown on this project. It was an unique project in altcoin space by some aspects.

UCoinTeam

sr. member

Activity: 289

Merit: 250

Quote from: drays on December 14, 2021, 11:12:23 AM

Thanks for the guide. I tried to make a test transfer to the Webwallet from my Swap page account (swap.usoamic.io). The amount was deducted, I got a message saying TX was successful, but there is nothing on block explorer. Moreover, I noticed the blockchain height is wrong on swap page. Probably not updated?

Swap platform processes withdrawal requests every half hour.

UPD: I want to warn you that due to the high fee at ETH network, you can pay a decent fee for the exchange.

drays

legendary

Activity: 2576

Merit: 1073

Quote from: Usoamic on December 14, 2021, 05:40:43 AM

How to exchange USO for ETH via web wallet?
~ snip ~

Thanks for the guide. I tried to make a test transfer to the Webwallet from my Swap page account (swap.usoamic.io). The amount was deducted, I got a message saying TX was successful, but there is nothing on block explorer. Moreover, I noticed the blockchain height is wrong on swap page. Probably not updated?

UCoinTeam

sr. member

Activity: 289

Merit: 250

Quote from: drays on December 14, 2021, 11:09:37 AM

Sad to see old timers being tired and disappointed. I can only guess which way your opinion on cryptocurrency has shifted...
In fact cryptocurrency didn't change (except for quite a lot of technical development), but the user base has steadily degraded year by year, with the involvement of wider masses. IMHO. In any case this is inevitable. Cryptocurrency cannot change people by itself. People will modify its purpose and change it to fit their existing views and expectations.

Yes, I expressed my thought incorrectly. My opinion about the industry has changed, not about the technology itself.

drays

legendary

Activity: 2576

Merit: 1073

Quote from: UCoinTeam on December 13, 2021, 08:39:17 PM

To be honest, I'm tired and my opinion about cryptocurrency has changed over the past 7 years.
Now the source code of all components of the project is open (except for legacy, which will be closed).
As for the holders, they can either swap their USO to ETH through a web wallet, or find someone to continue developing.

Sad to see old timers being tired and disappointed. I can only guess which way your opinion on cryptocurrency has shifted...
In fact cryptocurrency didn't change (except for quite a lot of technical development), but the user base has steadily degraded year by year, with the involvement of wider masses. IMHO. In any case this is inevitable. Cryptocurrency cannot change people by itself. People will modify its purpose and change it to fit their existing views and expectations.

UCoinTeam

sr. member

Activity: 289

Merit: 250

Quote from: Usoamic on December 14, 2021, 05:40:43 AM

How to exchange USO for ETH via web wallet?
1. Open https://wallet.usoamic.io:

2. Click "Add" if you want to add an existing wallet or "Create" if you want to create a new one:
2.1. Choose the second option and click "Create":

2.2. Click "Next" and fill in the fields:

3. Eransfer ETH and USO to the wallet (for example, from swap platform) and wait for their receipt to the account:

4. Go to the "Exchange" tab and fill in the fields:

5. Click on the "Exchange" button and wait for a window with a tx id.

6. Look at the status of the transaction at EtherScan.

7. Congratulations, you have exchanged your USOs for ETH.

Usoamic

newbie

Activity: 54

Merit: 0

How to exchange USO for ETH via web wallet?
1. Open https://wallet.usoamic.io:
https://usoamic.io/img/screenshots/usoamic-swap-to-eth-1.png

2. Click "Add" if you want to add an existing wallet or "Create" if you want to create a new one:
2.1. Choose the second option and click "Create":
https://usoamic.io/img/screenshots/usoamic-swap-to-eth-2.png

2.2. Click "Next" and fill in the fields:
https://usoamic.io/img/screenshots/usoamic-swap-to-eth-3.png

3. Eransfer ETH and USO to the wallet (for example, from swap platform) and wait for their receipt to the account:
https://usoamic.io/img/screenshots/usoamic-swap-to-eth-4.png

4. Go to the "Exchange" tab and fill in the fields:
https://usoamic.io/img/screenshots/usoamic-swap-to-eth-5.png

5. Click on the "Exchange" button and wait for a window with a tx id.

6. Look at the status of the transaction at EtherScan.
https://usoamic.io/img/screenshots/usoamic-swap-to-eth-6.png

7. Congratulations, you have exchanged your USOs for ETH.

UCoinTeam

sr. member

Activity: 289

Merit: 250

Quote from: drays on December 13, 2021, 11:56:54 AM

What does "Burn" type transaction mean in explorer (https://explorer.usoamic.io/)? I would suppose it is kind of transfer to a burn address, but Etherscan shows it as a regular internal Ether transfer with no ERC20 movements involved. So.. what does it mean?

It looks like it's a contract bug. In fact, this is swap to ETH transaction [Link] that involves the USO burning.

Quote from: drays on December 13, 2021, 11:56:54 AM

Regarding to the rest... It looks like you are going to completely stop the development on Usoamic. Is that right? I am not sure how would you expect unnamed.exchange to list the coin, if you are clearly stating you will abandon the project soon. Of course they would like to list projects with active development and plans for the future...

We announced yesterday that the development will be discontinued, unnamed.exchange refused to list us about a week ago.

To be honest, I'm tired and my opinion about cryptocurrency has changed over the past 7 years.
Now the source code of all components of the project is open (except for legacy, which will be closed).
As for the holders, they can either swap their USO to ETH through a web wallet, or find someone to continue developing.

drays

legendary

Activity: 2576

Merit: 1073

What does "Burn" type transaction mean in explorer (https://explorer.usoamic.io/)? I would suppose it is kind of transfer to a burn address, but Etherscan shows it as a regular internal Ether transfer with no ERC20 movements involved. So.. what does it mean?

Regarding to the rest...It looks like you are going to completely stop the development on Usoamic. Is that right? I am not sure how would you expect unnamed.exchange to list the coin, if you are clearly stating you will abandon the project soon. Of course they would like to list projects with active development and plans for the future...

Usoamic

newbie

Activity: 54

Merit: 0

1. We got a response from unnamed.exchange, they are not ready to add us.
2. We have updated web wallet to version v1.2.0. Now you can exchange your USO for ETH through your wallet (the rate is fixed - 0.0000007 ETH for 1 USO). You can also do this directly through the contract.
If you have any problems with the exchange or withdrawal of funds, please immediately write to [email protected], or to the thread on BitcoinTalk, we will try to answer you within 2-3 days.

PS: This is one of the last releases from us for Usoamic (the rest will be released in January-February).
The source code of our developments is open, so any of you can continue developing.
In January, we will announce the end of support for Usoamic, as well as the closing dates for centralized wallets.

Usoamic

newbie

Activity: 54

Merit: 0

New release. We made REST API for block explorer. Swagger is available at http://api.usoamic.io:8090/swagger-ui.html.

Usoamic

newbie

Activity: 54

Merit: 0

We are back: updated SSL certificates on the server, trying to get to unnamed.exchange.

OrsonJ

sr. member

Activity: 597

Merit: 253

... and the swarm is headed towards us

Quote from: Usoamic on June 16, 2021, 06:23:42 PM

1. We are glad to present you the Usoamic App.

The app includes wallet and public notes functionality. Notes are stored on the Ethereum blockchain, users can find notes by id. In the future, we plan to expand the functionality of the application.
You can download the application here: https://play.google.com/store/apps/details?id=io.usoamic.app

2. In the coming weeks, we will be developing a Telegram bot that will allow us to interact with Usoamic.

3. It is summer now, and we want to take a break from the project in July-August. During this period, there will be no news and releases.
Listing is also postponed. Nevertheless, BTC for paying for listing (and not only) are waiting in the wings on our cold wallet, so now it's only a matter of time.
Releases (and stock exchange) should be expected by the end of summer or early fall.

4. We warn you that swap platforms and legacy wallets will not work forever. Therefore, we ask you to start withdrawing funds to your wallets. If you have problems with the withdrawal, then feel free to write in the thread on BitcoinTalk, in the Telegram group, to the mail, etc.

Thank you for not giving up on this. Enjoy your summer break!

Usoamic

newbie

Activity: 54

Merit: 0

Quote from: drays on June 17, 2021, 01:44:18 PM

Quote from: Usoamic on June 16, 2021, 06:23:42 PM

4. We warn you that swap platforms and legacy wallets will not work forever. Therefore, we ask you to start withdrawing funds to your wallets. If you have problems with the conclusion, then feel free to write in the thread on BitcoinTalk, in the Telegram group, to the mail, etc.

I assume "conclusion" == "вывoд" == "withdrawal"

Yeah, good point, thanks for pointing this out. I guess I have to stop working for 16 hours per day in favour to stay sharp on such details

drays

legendary

Activity: 2576

Merit: 1073

Quote from: Usoamic on June 16, 2021, 06:23:42 PM

4. We warn you that swap platforms and legacy wallets will not work forever. Therefore, we ask you to start withdrawing funds to your wallets. If you have problems with the conclusion, then feel free to write in the thread on BitcoinTalk, in the Telegram group, to the mail, etc.

I assume "conclusion" == "вывoд" == "withdrawal"

Topic: [ANN] UCoin swap to Usoamic (Read 2311 times)