Topic: [ANN][ICO] UniversalCoin - The Free Digital Currency - page 18. (Read 20824 times)
IS this happening??
Is there a bounty for this? Or will there be?
Hey, I'm interested in helping you with the Spanish translations of the whitepaper, web pages, spreadsheets, etc ... Write me anything 
Only 2 days til the first distribution right? I'm excited for this.
I read your white paper, but there is only information about the distribution rules. What tasks are you trying to solve? What is the essence of your project?
Thanks for reading. The essence of our project of our project is to conduct an experiment on the subject of wealth creation. We want to know if it is possible to create wealth through a free and fair digital currency distribution. The benefits of this are twofold: educating other attempts at reducing economic inequality, and (potentially) enriching those who choose to participate in the project.
The significance of your project is very shallow. In short, you want to test the waters here. If it will hit with the community, you will get huge money. Otherwise, you will still get a lil amount of cash. But you can say to yourself, you distribute tokens without a value and create a value afterwards because of these gullible people buying your tokens even without solid foundation.
Why would it be so horrible if people decided they wanted this and it gained value? It's not going to gain value out of thin air. It's going to gain as much value as a large group of people attribute to it. If it's worth something to them, who are you say they're wrong and question their intelligence?
I read your white paper, but there is only information about the distribution rules. What tasks are you trying to solve? What is the essence of your project?
Thanks for reading. The essence of our project of our project is to conduct an experiment on the subject of wealth creation. We want to know if it is possible to create wealth through a free and fair digital currency distribution. The benefits of this are twofold: educating other attempts at reducing economic inequality, and (potentially) enriching those who choose to participate in the project.
The significance of your project is very shallow. In short, you want to test the waters here. If it will hit with the community, you will get huge money. Otherwise, you will still get a lil amount of cash. But you can say to yourself, you distribute tokens without a value and create a value afterwards because of these gullible people buying your tokens even without solid foundation.
Err ... isn't that how BTC was created? Out of thin air?
I read your white paper, but there is only information about the distribution rules. What tasks are you trying to solve? What is the essence of your project?
Thanks for reading. The essence of our project of our project is to conduct an experiment on the subject of wealth creation. We want to know if it is possible to create wealth through a free and fair digital currency distribution. The benefits of this are twofold: educating other attempts at reducing economic inequality, and (potentially) enriching those who choose to participate in the project.
The significance of your project is very shallow. In short, you want to test the waters here. If it will hit with the community, you will get huge money. Otherwise, you will still get a lil amount of cash. But you can say to yourself, you distribute tokens without a value and create a value afterwards because of these gullible people buying your tokens even without solid foundation.
Ah, actually you have to use up to 29000 gas to transfer tokens, so that would be up to $0.887 per transaction.
Doesn't it cost a lot of gas to send all those tokens to the people that will apply for them?
Yes, unfortunately it will cost a bit of gas to send out all the tokens. We have a budget set aside for this. Hopefully the ETH price will settle down so things can be more affordable.
mic inequality, and (potentially) enriching those who choose to participate in the project.
Nice that the team puts up so much money from their own pocket in the beginning. The costs will be very high. at 22 GWEI that's $0.585 per transaction. For 100k transactions (which happens if this projects goes well), that's $58,500. If the project doesn't go well you'll end up spending less, but there's a higher chance that your investment will be lost because not enough people were interested in the distribution.
Very interesting experiment/project. I intend to closely follow it. Let me know if you need a helping hand in analytics.
Doesn't it cost a lot of gas to send all those tokens to the people that will apply for them?
Yes, unfortunately it will cost a bit of gas to send out all the tokens. We have a budget set aside for this. Hopefully the ETH price will settle down so things can be more affordable.
I read your white paper, but there is only information about the distribution rules. What tasks are you trying to solve? What is the essence of your project?
Thanks for reading. The essence of our project of our project is to conduct an experiment on the subject of wealth creation. We want to know if it is possible to create wealth through a free and fair digital currency distribution. The benefits of this are twofold: educating other attempts at reducing economic inequality, and (potentially) enriching those who choose to participate in the project.
I read your white paper, but there is only information about the distribution rules. What tasks are you trying to solve? What is the essence of your project?
Doesn't it cost a lot of gas to send all those tokens to the people that will apply for them?
UniversalCoin - Free and Fair Digital Currency
UniversalCoin is a wealth creation experiment. We want to know if it is possible to generate wealth at scale through a free and fair digital currency distribution.
Official site: https://universalcoin.io
Whitepaper: https://universalcoin.io/uploads/Universal%20-%20Free%20and%20Fair%20Currency.pdf
Twitter: https://twitter.com/Universal_Coin
Facebook: https://www.facebook.com/UniversalCoinOfficial/
Subreddit: https://www.reddit.com/r/UniversalCoin/
How do I participate?
The distribution restarts with the launch of our mobile apps, August 2018.
Visit our official site: https://universalcoin.io and bookmark it to avoid scammers.
Contribute ETH, be rewarded and help others get access to free cryptocurrency:
UniversalCoin Fundraiser One is now active @ https://fundraiser.universalcoin.io/
We are looking for more Ambassadors who believe in our project and want to spread the word. Please get in touch if you think you can help.
Official site: https://universalcoin.io
Whitepaper: https://universalcoin.io/uploads/Universal%20-%20Free%20and%20Fair%20Currency.pdf
Twitter: https://twitter.com/Universal_Coin
Facebook: https://www.facebook.com/UniversalCoinOfficial/
Subreddit: https://www.reddit.com/r/UniversalCoin/
Cryptocurrency presents an opportunity to reduce economic inequality and improve quality of life for people around the world. What do today's cryptocurrencies do to actually help the financially disadvantaged? We saw an opportunity to create a fairer system that could have a net-positive effect on people's lives around the world.
UniversalCoin is a digital currency with a difference - everyone has a chance to participate and get their fair share. Unlike most currency systems it costs absolutely nothing to participate, all you need is an internet connection.
How does it work?
UniversalCoin tokens will be distributed to the public free of charge 40 times starting January 15 2018. On Mondays there will be 2 separate claim windows at 00:00-01:00 UTC and 12:00-13:00 UTC. Visit this site during the claim window, follow the prompts and claim your Universal. The distribution amount will increase every week, and every week each participant will get the same amount. You can participate in as many weekly distributions as you like. There is no catch - this is wealth creation with the power of community.
So, how are we creating wealth?
As UniversalCoin is distributed, the market will determine it's value based on supply and demand. UniversalCoin holders can then, if they choose to, sell their UniversalCoin on an exchange. Universal can also be transferred directly between parties in exchange for goods and services.
UniversalCoin details
UniversalCoin (UNV) is a fixed supply ERC223 token. The supply is capped at 40 billion and UNV cannot be mined. It can be stored and sent using any ERC20 or ERC223 compliant wallet that can connect to Ethereum Classic. We recommend MEW or Trust Wallet.
- Token name: UniversalCoin
- Chain: Ethereum Classic
- Token address: 0x6ADa6F48C815689502C43eC1a59F1b5DD3C04E1F
- Token symbol: UNV
- Decimals: 18
- Token standard: ERC223
- Total supply: 40,000,000,000 UNV
- To be distributed in free weekly disitrbutions: 32,000,000,000 UNV
- Reserved tokens(used in fundraisers): 5,600,000,000 UNV
- To be distributed in Airdrops: 2,400,000,000 UNV
Foundation reserve tokens are sold to fund the ongoing campaign for increased awareness and adoption of UniversalCoin. 90% will be sold by December 2019.
UniversalCoin is a digital currency with a difference - everyone has a chance to participate and get their fair share. Unlike most currency systems it costs absolutely nothing to participate, all you need is an internet connection.
How does it work?
UniversalCoin tokens will be distributed to the public free of charge 40 times starting January 15 2018. On Mondays there will be 2 separate claim windows at 00:00-01:00 UTC and 12:00-13:00 UTC. Visit this site during the claim window, follow the prompts and claim your Universal. The distribution amount will increase every week, and every week each participant will get the same amount. You can participate in as many weekly distributions as you like. There is no catch - this is wealth creation with the power of community.
So, how are we creating wealth?
As UniversalCoin is distributed, the market will determine it's value based on supply and demand. UniversalCoin holders can then, if they choose to, sell their UniversalCoin on an exchange. Universal can also be transferred directly between parties in exchange for goods and services.
UniversalCoin details
UniversalCoin (UNV) is a fixed supply ERC223 token. The supply is capped at 40 billion and UNV cannot be mined. It can be stored and sent using any ERC20 or ERC223 compliant wallet that can connect to Ethereum Classic. We recommend MEW or Trust Wallet.
- Token name: UniversalCoin
- Chain: Ethereum Classic
- Token address: 0x6ADa6F48C815689502C43eC1a59F1b5DD3C04E1F
- Token symbol: UNV
- Decimals: 18
- Token standard: ERC223
- Total supply: 40,000,000,000 UNV
- To be distributed in free weekly disitrbutions: 32,000,000,000 UNV
- Reserved tokens(used in fundraisers): 5,600,000,000 UNV
- To be distributed in Airdrops: 2,400,000,000 UNV
Foundation reserve tokens are sold to fund the ongoing campaign for increased awareness and adoption of UniversalCoin. 90% will be sold by December 2019.
How do I participate?
The distribution restarts with the launch of our mobile apps, August 2018.
Visit our official site: https://universalcoin.io and bookmark it to avoid scammers.
Contribute ETH, be rewarded and help others get access to free cryptocurrency:
UniversalCoin Fundraiser One is now active @ https://fundraiser.universalcoin.io/
We are looking for more Ambassadors who believe in our project and want to spread the word. Please get in touch if you think you can help.
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