IMAGINE a token that can only increase in price.
A really truly
cannot-go-down upToken.
This is an
ERC20 Token, an Ethereum based emulation of the Bitcoin ecosystem but with investor protection functions.
The purpose of this token is to show how Bitcoin works and provide an even better investment opportunity than Ethereum other than by simply holding on to the coin itself.
When you buy
upTokens, your funds are stored in a contract and only you can retrieve them by sending
upToken tokens back to the contract.
You can cash-out at any time and receive back the
VALUE of the token, which is simply the exact share of all funds in the contract, less 10% discount. However, if there were
no incoming transactions in the contract for the last 5,000 blocks (about 1 day) then you will
receive your funds without a 10% discount.There are
No pre mined supplies and upToken tokens are
ONLY created in exchange for the ETH received.
There is
No chance to cheat on the system,
No admin rights to the contract -
No holes.
The code is transparent and can be checked by everyone for validity and fairness.
The price of the
upToken token CANNOT GO DOWN!
Every subsequent purchase transaction has a price that is slightly higher than the previous one.
It is as SAFE as Ethereum,
SECURE as Blockchain and as
PROFITABLE as Bitcoin but with a
LOWER RISK!
The most you can loose is 10% which is the premium paid at the purchase, and even with a "panic sale" you can NEVER lose more than the 10% discount.
If you wait, the
VALUE of the
upToken will grow with
EVERY transaction.
Whenever there is a purchase of
upTokens, 10% from this is divided between ALL token owners, including you.
Whales are welcome to join from the beginning without losing 10%! If you are a big token holder, you are not losing 10% for enterance fee, because part of it is going to you as well! If there is 1ETH on the contract and you send 99 ETH, you are losing around 0,1% from the beginning! Taking huge stake of
upTokens will put you almost at the same position as the very first buyers. Check the math!
When upTokens are sold early, the 10% discount is divided between ALL the remaining token owners.
Every time someone sells upTokens for the true (internal) value, the value of the remained token stays the same! No rush to go out.
As it is a
valid ERC20 token, it can be
traded and transferred without limitations. It can be listed on the exchanges. After the deployment, its future is in your hands - nobody can control the contract, except for all the token holders with their transactions. There are no administrators, no owners, no support and no possibility to be cheat on, it is a truly a
decentralized autonomous system.
The longer you stay, the
BIGGER your share.
You cannot be late to cash-out.
You can only be foolish to miss the party.
It is never 'too late' to join. All you can loose is 10%.
The projected returns are more than 10 times your investment during a year and without Bitcoin's 80% draw downs!
Risk warning:
We should point out that you should buy upToken only if you are comfortable with storing your capital in ETH.
If you buy ETH to put in this contract, please consider risks associated with Ethereum itself as results in other currencies are dependent on the ETH rate. All benefits from upToken ownership are calculated in ETH.
FAQ:
How to buy upTokens:Send Ether to the smart contract
0xAc0007d373Df6eE6f0DF62E85084d5aF4dB3740F
and you will get corresponding amount of upTokens in return with the same transaction.
Do not send ETH from the wallets that is not yours, for example, from the exchange's account. Most of the exchanges will not credit your account with upTokens after recieving them from the upToken smart contract. If you did such mistake, write to the exchange's support for help.
Use only your own address to send ETH!
You may also buy upTokens from another users at any price they are willing to sell using any exchange that supports ERC20 tokens.
How to sell upTokens:Send upTokens to the smart contract:
0xAc0007d373Df6eE6f0DF62E85084d5aF4dB3740F
You will receive ETH to the same address you sent upTokens from with the same transaction.
Fill free to check in/out transactions with small amounts of ETH!
Minimum amount to send is 10 GWEI
Gas limit should be set to 100,000
Starting price of 1 upToken is 0.0001 ETH and will grow with every transaction.
Remember, it cannot go down.
TO THE MOON!
