[ANN]⭐⭐ UNICORN.BUZZ ⭐⭐Bitcoin Unicorn Trading Platform

influway

newbie

Activity: 8

Merit: 0

Quote from: Leeke on April 23, 2018, 07:54:43 AM

Hi everyone,

Thank you for the questions raised regarding our total supply. Hopefully the following sheds some further light around why this figure was chosen.

With the rising value of BTC we fall back to the smaller denomination of its value - the Satoshi. We commonly refer to the units of one bitcoin as 100 million satoshi. In total there are 21,000,000,000,000,000 (2.1 quadrillion) units of Bitcoin satoshi.
As the Unicorn Buzz exchange will be pairing to BTC we are offering the platform fuel ($SAT) in the same denomination.
However the supply of $SAT and the original Bitcoin satoshi are not the same thing. Trading of $SAT to other exchanges is not planned as yet. Therefore decimal issues need not be factored in as we count the $SAT in whole numbers (Decimal = 0).

Your feedback is much appreciated

Thanks for reading!

So what i undestood, this $at is only for reduce the fees?

Leeke

member

Activity: 151

Merit: 11

Website link - Bitcoin Unicorn

Hi everyone,

Thank you for the questions raised regarding our total supply. Hopefully the following sheds some further light around why this figure was chosen.

With the rising value of BTC we fall back to the smaller denomination of its value - the Satoshi. We commonly refer to the units of one bitcoin as 100 million satoshi. In total there are 21,000,000,000,000,000 (2.1 quadrillion) units of Bitcoin satoshi.
As the Unicorn Buzz exchange will be pairing to BTC we are offering the platform fuel ($SAT) in the same denomination.
However the supply of $SAT and the original Bitcoin satoshi are not the same thing. Trading of $SAT to other exchanges is not planned as yet. Therefore decimal issues need not be factored in as we count the $SAT in whole numbers (Decimal = 0).

Your feedback is much appreciated

Thanks for reading!

EgyKing

full member

Activity: 450

Merit: 100

Quote from: stelkendobro on April 22, 2018, 10:52:10 PM

I see your project goals and concepts are good but too big for the total supply. what are the benefits given to investors and people, if they buy your tokens?

Well I agree with your opinion the total suply is too large. And maybe this will take a long time in the sale of tokens.

stelkendobro

newbie

Activity: 84

Merit: 0

I see your project goals and concepts are good but too big for the total supply. what are the benefits given to investors and people, if they buy your tokens?

Leeke

member

Activity: 151

Merit: 11

Website link - Bitcoin Unicorn

Hi everyone,

Thanks for taking the time to check out UNICORN.BUZZ.

The project in still in development - so more information will be available as it comes to hand. Here are some points regarding some of the questions asked.

1/ What is this? Unicorn Exchange offers ERC20 / BTC trading and allows new communities to access their first trading platform

2/ Point of difference? Our project will focus on smaller token projects giving them somewhere to list their tokens. Traders will earn $SAT on every trading action.

3/ Buyback confirmation? Unicorn Foundation will communicate publicly before each planned buyback.

Thanks for reading.

sandor111

hero member

Activity: 616

Merit: 500

Supply is too big and this will be a problem for trading this token, because 1 SAT token is worth 1 bitcoin satoshi (0.000 000 01 BTC) and most exchanges don't allow setting price on more than 8 decimals. So what am I going to do if I wanted to buy SAT token for slightly higher price than 1 satoshi, but less than 2 satoshi. There is no way I could set buy order for 0.000 000 012 BTC because exchanges don't accept 9 decimals.

myfamilyisthebest01

newbie

Activity: 98

Merit: 0

It would be nice if you provide more information about your project

CryptoHypno

full member

Activity: 308

Merit: 101

Sometimes Your Coins Just Hypnotize Me!

Interesting concept but the total supply is out of this world. It is irrelevant that tokens will be burned as the total supply is thousands of times greater than any other coin/token.

CEOKEY

full member

Activity: 462

Merit: 101

Can you give me the official information that UNICORN will buy back SAT to burn? And how much will they buy?

antiqklasik

newbie

Activity: 168

Merit: 0

many similar projects exist in the community, what are the advantages and differences of your project with others?

arvind1

newbie

Activity: 98

Merit: 0

insufficient information

kul0n

member

Activity: 434

Merit: 49

Quote from: inoes on April 22, 2018, 07:35:02 AM

i want to cry with that total supply Cry

I absolutely agree with you that the token emission is unrealistically large, which in the future may affect the price of the token not in the best way

inoes

sr. member

Activity: 1316

Merit: 254

United Crowd

i want to cry with that total supply Cry

dont have idea what is the project actualy , trading platform ? but its too simple

Leeke

member

Activity: 151

Merit: 11

Website link - Bitcoin Unicorn

Satoshi Token is a Cryptocurrency available on the Unicorn trading platform: https://unicorn.buzz

It is a currency based on Ethereum (ERC20 Token) which is distributed to all traders of the platform.

Whenever a user buys or sells a crypto, he earns Satoshi Token.

Users are encouraged to keep this currency because it pays dividends regularly!

The Unicorn Foundation has announced that it wants to buy back SAT with their profits.

All redeemed Tokens will be "burned", which will increase the value of the remaining Tokens.

Contract: 0x5a354f816a5892e693ffa51001c534a5f7e096c8
Decimal: 0
supply: 2,100,000,000,000,000 SAT

ICO for 60 days

For the launch, the price of the Satoshi Token is equal to that of Satoshi BTC.

Its value will increase in the future with the launch of the platform and burnt tokens

PRICE: 1ETH = 6,895,045 SAT

More info: https://unicorn.buzz

Topic: [ANN]⭐⭐ UNICORN.BUZZ ⭐⭐Bitcoin Unicorn Trading Platform (Read 238 times)