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Topic: [ANN][UMC] Unity Matrix Commons - Democratized Risk Management - page 10. (Read 65453 times)

sr. member
Activity: 1456
Merit: 261
i see new design on site, intersting to see i think more people can join for try to invest for this project and get more bonus
dont be late for participant on invest
full member
Activity: 126
Merit: 100
Congratulations on reaching the min cap. Now big hopes from the team members. Your new website looks beautiful.
full member
Activity: 434
Merit: 100
where you can see the table of participants for some reason I do not see it thanks?
full member
Activity: 126
Merit: 100
I heard the duration of selling ico in extended yes? why the duration is extended whether the adalasan that makes its duration in lengthening or just a reason dev to gain time

Where did you hear this?
full member
Activity: 308
Merit: 100
I heard the duration of selling ico in extended yes? why the duration is extended whether the adalasan that makes its duration in lengthening or just a reason dev to gain time
full member
Activity: 392
Merit: 112
i hope to get investor , dev have more strategi for promotion
and hope all partisipant on campaign will be succes.
sr. member
Activity: 1274
Merit: 267
any information how much fund invested so far? there is error about this on wesite, thanks!
sr. member
Activity: 686
Merit: 261
Where are the infos about your team?
newbie
Activity: 250
Merit: 0
Looks very interesting. Dev team seems really experienced. Will give the whitepaper a closer read.

briliant project, i hope succes for the team and project and i will see depelovment this project follow bounty campaign untill the end ico
full member
Activity: 268
Merit: 100
Looked good at first but I got very concerned when they totally changed their staff and leadership.

While I dont think its a scam I dont believe the coin will sustain.
sr. member
Activity: 798
Merit: 253
nice for update , thanks for give news still for supporting and  i hope this project will be succes
and more participant happy to see about succes on project.
its a speasial consep for project,
I think the concept is great Yes hopefully not only successes are achieved but could be beneficial for investors and the bounty hunter. While waiting for the further development of this project. Hopefully a nice future
full member
Activity: 448
Merit: 100
Give a whole new dimension to the world of insurance.looking forward to it
sr. member
Activity: 1456
Merit: 261
nice for update , thanks for give news still for supporting and  i hope this project will be succes
and more participant happy to see about succes on project.
its a speasial consep for project,
full member
Activity: 144
Merit: 100
Hello, everyone!
A major update is being dropped tomorrow afternoon for our website!
This is a major overhaul including an entire GUI and layout change as well as new features and a news tab.
We hope this brightens your umbrella coin experience and encourage any feedback.



hero member
Activity: 1302
Merit: 516
Bitcoin Casino Est. 2013
how many ico sales from this project until now?
I think this project will be able to complete ico sale successfully
I support through social media bounty.. hopefully this project can be successfull
full member
Activity: 336
Merit: 100
this project is very running and also ico of the project goes very smoothly also the project reportedly it will be in a good market
sr. member
Activity: 364
Merit: 250
just want to ask in your bounty pool..

"Bounty: 1,200,000 Tokens (1.2% of issuance)"

is that only applicable if all tokens were sold or if the hard cap is reached?

maybe we need an answer from the DEV!!

and i just read that the soft cap has been lowered to 1.5k eth is that true ?

yes mate that is true. actually here is the update for that,

...

Min Cap and fate of unsold tokens
The departure of our development team has freed a lot of our funds, and as a result we have decided to reduce our soft-cap significantly to 1500 ETH. This was partially facilitated by ETH’s price boom since the beginning of ICO. When we originally set the cap for this project, ETH was in the mid-100s after suffering a prolonged decline, so we had to adjust our funding goal accordingly. The presale bonus continues though. As to the question of the unsold tokens during the crowdsale after much discussion on whether to put it back into the float or not, we’ve decided we would burn all the unsold tokens during the crowdsale. There will be some tokens left over for the new development team, but it will be a significantly reduced amount.
After the momentary storm, our prospects look bright going from here.
...

but still i want an answer to my question above.. any from the team will answer it?
newbie
Activity: 8
Merit: 0
Dev team update and new path forward
After making rapid tides in the first week of the crowdsale, the momentum tapered off a little bit for the funds raised by UmbrellaCoin in the previous week. People who trusted our platform early on have been eager to hear updates from our side regarding marketing, team, whether we will continue if we don’t hit our “soft cap” and what happens to all unsold UMC tokens during the crowdsale. The time is finally right for us to share the answers with you.
We have continued to make great progress on both the marketing as well as the development front with more scenarios being available in our staging app, and we’re now closer to integrating UMC Wallet with the website, as well as creation of claims and voting on individual claims. However the development team has faced personal hurdles in the past week, as conflict-of- interest with their current job has required them to step down from their positions as developers for our platform. Unfortunately this includes our CEO who works at the same company and has been confronted by the same HR policies. As a result, all of them have forfeited their share of UMC tokens. We thank them for the time and effort they spent making this product a success.

Our new team
However we’ve worked out a transition going forward. Ryan, who has worked full-time in insurance industry and has left his position there to avoid any conflicts of interest has volunteered to take over the responsibilities as the new CEO. Alex, who was the Head of Marketing and a co-founder for UMC has also decided to commit himself purely to the success of UmbrellaCoin and is COO. Emilio and Nick have also left their previous jobs to dedicate themselves to the success of UMC as a web developer/ media manager. Our ex-CEO continues to assist us through the transition process. All of them are from the Hartford, CT area and have shared beliefs on things needing fundamental change in insurance industry having grown up so close to it. We continue our search for full-time developers as a result of the recent departures but till then we are receiving part-time/ freelance assistance. If you want to contribute to the development efforts, do contact us.
Min Cap and fate of unsold tokens
The departure of our development team has freed a lot of our funds, and as a result we have decided to reduce our soft-cap significantly to 1500 ETH. This was partially facilitated by ETH’s price boom since the beginning of ICO. When we originally set the cap for this project, ETH was in the mid-100s after suffering a prolonged decline, so we had to adjust our funding goal accordingly. The presale bonus continues though. As to the question of the unsold tokens during the crowdsale after much discussion on whether to put it back into the float or not, we’ve decided we would burn all the unsold tokens during the crowdsale. There will be some tokens left over for the new development team, but it will be a significantly reduced amount.
After the momentary storm, our prospects look bright going from here.

We’ll be soon featured in some Youtube videos by prominent marketing specialists, have struck some marketing deals and continue to work with the exchanges such as Evercoin, Hitbtc to get listed after the crowdsale besides Coinomi and EtherDelta. We hope to reach our soft-cap within the next week. We’re all working hard on our shared goals to provide coverage for out-of-pocket costs to policyholders who’ve suffered in the hands of insurance and we have necessary funds at this stage to continue execution.
full member
Activity: 504
Merit: 108
Great news on Twitter from the developers, thank you!  Roll Eyes
sr. member
Activity: 2030
Merit: 306
just want to ask in your bounty pool..

"Bounty: 1,200,000 Tokens (1.2% of issuance)"

is that only applicable if all tokens were sold or if the hard cap is reached?

maybe we need an answer from the DEV!!

and i just read that the soft cap has been lowered to 1.5k eth is that true ?

I hope the developer's meaning is if all tokens are sold
will definitely feel a lot of profit if the intended allocation of funds to bounty is if all tokens sold out
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