Since the Raw Sugar represented by the SEW is stored at AKS storage facilities in Jebel Ali, Dubai, the minimum quantity required for taking physical delivery shall be 50 MT for any Delivery order processed by AKS LLC which should be equivalent to the quantity of the relevant Sugar Warrant issued on the DMCC Trade Flow Platform and held by Universa DMCC.
More confusing, More Complicated News then ever.
First of all, Digitalsugar.io is not DMCC or Al Khaleej product.
It’s universa’s product which uses DMCC Tradeflow and agreement with
Al Khaleej to sell digital sugar. In which universa acts as broker (exchange)
What makes this interesting? Absolutely, nothing. DMCC has its own exchange or trade platform (Tradeflow) where they trade coffee, spices, tea, diamonds etc. If this digitalsugar was true and noteworthy to get excited about then it should have been traded inside Tradeflow portfolio and not on outside like digitaldugar.io
The next confusing factor is the minimum trade on digitalsugar.io is 50T of sugar and the commission is
0.04% of that amount. So, is this 50T minimum order treated as 1 transaction (1cent?) where is the demand and increase of tokens price?
Another nonsensical news chasing for noob cash cow.
Btw, John mcafee in Spain custody. Sad
Utnp holder here, not particularly a fanboy though.
At DigitalSugar.io main page, it is stated that you can trade from 1kg to 1M tonne of sugar.
Where did you get you "50T minimum"?
The project seems like a solid use case, or at least a good starting point for further deals and to increase utn demand
First of all, Digitalsugar.io is not DMCC or Al Khaleej product.
It’s universa’s product which uses DMCC Tradeflow and agreement with
Al Khaleej to sell digital sugar. In which universa acts as broker (exchange)
What makes this interesting? Absolutely, nothing. DMCC has its own exchange or trade platform (Tradeflow) where they trade coffee, spices, tea, diamonds etc. If this digitalsugar was true and noteworthy to get excited about then it should have been traded inside Tradeflow portfolio and not on outside like digitaldugar.io
The next confusing factor is the minimum trade on digitalsugar.io is 50T of sugar and the commission is
0.04% of that amount. So, is this 50T minimum order treated as 1 transaction (1cent?) where is the demand and increase of tokens price?
Another nonsensical news chasing for noob cash cow.
Btw, John mcafee in Spain custody. Sad
Utnp holder here, not particularly a fanboy though.
At DigitalSugar.io main page, it is stated that you can trade from 1kg to 1M tonne of sugar.
Where did you get you "50T minimum"?
The project seems like a solid use case, or at least a good starting point for further deals and to increase utn demand
Conclusions you all are creating accusing Universa is as equaly extreme as those reports.
