[ANN][UMC] Unity Matrix Commons - Democratized Risk Management - page 17.

umbrellacoin

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Activity: 144

Merit: 100

Quote from: makulo123 on August 18, 2017, 07:36:51 AM

Quote from: zara88 on August 18, 2017, 12:42:50 AM

are all the coins holder can be the policyholders?

Isn't policyholding only some kind of job, like a reviewing job? Because I don't understand that kind of... Holding coins doesn't mean being policyholder, or does it?

Being a coinholder does not make you a policyholder. You have to explicitly opt in to holding a policy via our client application. You are free to do whatever you want with our coins!

makulo123

full member

Activity: 238

Merit: 100

Quote from: zara88 on August 18, 2017, 12:42:50 AM

are all the coins holder can be the policyholders?

Isn't policyholding only some kind of job, like a reviewing job? Because I don't understand that kind of... Holding coins doesn't mean being policyholder, or does it?

zara88

newbie

Activity: 33

Merit: 0

are all the coins holder can be the policyholders?

MadPanda

member

Activity: 70

Merit: 10

Quote from: makulo123 on August 17, 2017, 03:11:09 PM

Quote from: MadPanda on August 17, 2017, 01:46:36 PM

Was thinking earlier today that these Umbrella devs have got guts being in the spotlight, just the thought of the possible fallout a project like this may have going up against the main stream industry with its large sums of money and army of lawyers is a little frightening.
Does anyone think the Traditional insurance industry will either try to buyout this project or maybe attempt to sabotage it threw nefarious or legal means?

Ahh, well, first the company has to gain a lot of investors and I mean A LOT, because it's a insurance company, which requires finances to run. Okey, this will be mediated via ICO. After that, they need to release a stable functionable platform and real blockchain backing. The insurance industry may not even give a crap about the existence of UmbrellaCoin, but when they emerge in scale, users, investors, functions and markets, they may stand a change against these centralized predators. I hope only for the best, of course.

Yah your right perhaps this will fly under the radar long enough for projects like Umbrella to have a good footing to not get pushed around.
I actually think if this works out right they may even be able to partner with some companies to help elevate the pressures of overhead policy costs.

BitFarmer75

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Activity: 70

Merit: 10

Quote from: BitFarmer75 on August 17, 2017, 03:58:35 PM

oh they just made a Spanish video. https://www.youtube.com/watch?v=v6G8QApEr10 They are going international!

This is my hunch maybe they are going to make more videos, for different languages. I would do one in French, Chinese, Russian, and German.

BitFarmer75

member

Activity: 70

Merit: 10

Quote from: ticterine on August 17, 2017, 10:35:54 PM

Quote from: Cryptosomniac on August 17, 2017, 08:33:21 PM

Hey guys, here is a fantastic video summarizing everything UMC has to over!

https://www.youtube.com/watch?v=6HFlHTEnoGo

thanks for the video link. It went into pretty good detail and reaffirmed my belief in the project. Well done. Really looking forward to it starting.

I like it how it's more detail.

ticterine

full member

Activity: 140

Merit: 100

Quote from: Cryptosomniac on August 17, 2017, 08:33:21 PM

Hey guys, here is a fantastic video summarizing everything UMC has to over!

https://www.youtube.com/watch?v=6HFlHTEnoGo

thanks for the video link. It went into pretty good detail and reaffirmed my belief in the project. Well done. Really looking forward to it starting.

BitFarmer75

member

Activity: 70

Merit: 10

Quote from: Cryptosomniac on August 17, 2017, 08:33:21 PM

Hey guys, here is a fantastic video summarizing everything UMC has to over!

https://www.youtube.com/watch?v=6HFlHTEnoGo

Just finish the video and it was great. Easy to understand.

Bighero76

full member

Activity: 268

Merit: 100

Wow definitely sounds like a great coin.

OP can you PM me??

I actually have some good input as I am somewhat familiar with the industry you're targeting!

Cryptosomniac

newbie

Activity: 20

Merit: 0

Hey guys, here is a fantastic video summarizing everything UMC has to over!

https://www.youtube.com/watch?v=6HFlHTEnoGo

digitalgame4life

full member

Activity: 378

Merit: 105

Active forum member, A+ poster, PM good sign camp.

Totally agree on damn governments trying to sabotage or destroy good ideas, I think if this project makes it big there will be people trying to destroy good technology, I hope this brakes the barrier and that the scamming,corrupt, lying governments and insurance companies will be on bottom level.

BitFarmer75

member

Activity: 70

Merit: 10

oh they just made a Spanish video. https://www.youtube.com/watch?v=v6G8QApEr10 They are going international!

makulo123

full member

Activity: 238

Merit: 100

Quote from: cryptoisdafuture on August 17, 2017, 03:02:29 PM

I think they might try to get some "licensing" requirements as all American monopolies do by colluding with corrupt government. I'm echoing Terry's words from his chat here, the same happened when AirBnB and Uber started and the hotel/ taxi lobby tried all sorts of laws banning Uber in various states, but in the end the customer support was so high they had to give in. UMC believes it can do the same by delivering great value to it's policyholders. I think insurances won't have much to fear UMC initially though because they are complementing them, rather than aiming to replace as insurances don't cover hidden costs anyways. However in the long run, they are toast.

"Nothing can stop an idea whose time has come"- Victor Hugo

Yeah, I agree with you. New plans require a lot of time to be enforced and scaled. Ideas require a lot of attention to withold the current harsh world of economy, and these are small ideas which are going to escalate into big things. I like your quote, by the way! Cheesy

makulo123

full member

Activity: 238

Merit: 100

Quote from: MadPanda on August 17, 2017, 01:46:36 PM

Was thinking earlier today that these Umbrella devs have got guts being in the spotlight, just the thought of the possible fallout a project like this may have going up against the main stream industry with its large sums of money and army of lawyers is a little frightening.
Does anyone think the Traditional insurance industry will either try to buyout this project or maybe attempt to sabotage it threw nefarious or legal means?

Ahh, well, first the company has to gain a lot of investors and I mean A LOT, because it's a insurance company, which requires finances to run. Okey, this will be mediated via ICO. After that, they need to release a stable functionable platform and real blockchain backing. The insurance industry may not even give a crap about the existence of UmbrellaCoin, but when they emerge in scale, users, investors, functions and markets, they may stand a change against these centralized predators. I hope only for the best, of course.

cryptoisdafuture

full member

Activity: 126

Merit: 100

I think they might try to get some "licensing" requirements as all American monopolies do by colluding with corrupt government. I'm echoing Terry's words from his chat here, the same happened when AirBnB and Uber started and the hotel/ taxi lobby tried all sorts of laws banning Uber in various states, but in the end the customer support was so high they had to give in. UMC believes it can do the same by delivering great value to it's policyholders. I think insurances won't have much to fear UMC initially though because they are complementing them, rather than aiming to replace as insurances don't cover hidden costs anyways. However in the long run, they are toast.

"Nothing can stop an idea whose time has come"- Victor Hugo

hihihishi

newbie

Activity: 21

Merit: 0

Quote from: MadPanda on August 17, 2017, 01:46:36 PM

Was thinking earlier today that these Umbrella devs have got guts being in the spotlight, just the thought of the possible fallout a project like this may have going up against the main stream industry with its large sums of money and army of lawyers is a little frightening.
Does anyone think the Traditional insurance industry will either try to buyout this project or maybe attempt to sabotage it threw nefarious or legal means?

I think they might. If they see Umbrella as a potential threat they will try to stop it before it gets too big.

MadPanda

member

Activity: 70

Merit: 10

Was thinking earlier today that these Umbrella devs have got guts being in the spotlight, just the thought of the possible fallout a project like this may have going up against the main stream industry with its large sums of money and army of lawyers is a little frightening.
Does anyone think the Traditional insurance industry will either try to buyout this project or maybe attempt to sabotage it threw nefarious or legal means?

Cryptostare

newbie

Activity: 18

Merit: 0

Looks like they got picked up for another article: http://ethereumworldnews.com/insurance-industry-to-be-changed-by-blockchain-technology/

This project really is really gaining traction!

BitFarmer75

member

Activity: 70

Merit: 10

Quote from: MadPanda on August 17, 2017, 12:14:38 AM

Quote from: BitFarmer75 on August 16, 2017, 11:25:22 PM

Have anyone seen the new video? https://www.youtube.com/watch?v=5AsfZ7ovbsM

I'm not a huge fan of the writing hand promo cut but its still pretty good, the explanation is simplified and easier to understand with a narrator.

Quote from: ticterine on August 16, 2017, 11:49:47 PM

Quote from: BitFarmer75 on August 16, 2017, 11:25:22 PM

Have anyone seen the new video? https://www.youtube.com/watch?v=5AsfZ7ovbsM

Just checked it out. It was about what I expected after reading the whitepaper. Seems pretty straight forward to me. I'm pumped they got on CoinTelegraph too. Maybe they're attracting some whales? They seem to be spending more on advertising so I think they got some cash inflow from somewhere.

Saw this last night and it seems like a pretty good marketing strategy the only concern I have is the possibility of someone holding a high amount of UMC and whale dumping it shortly after launch.

exactly! A good sign of a good coin is when they spend MONEY on the project. It seems simple, but people the point....

MadPanda

member

Activity: 70

Merit: 10

Quote from: BitFarmer75 on August 16, 2017, 11:25:22 PM

Have anyone seen the new video? https://www.youtube.com/watch?v=5AsfZ7ovbsM

I'm not a huge fan of the writing hand promo cut but its still pretty good, the explanation is simplified and easier to understand with a narrator.

Quote from: ticterine on August 16, 2017, 11:49:47 PM

Quote from: BitFarmer75 on August 16, 2017, 11:25:22 PM

Have anyone seen the new video? https://www.youtube.com/watch?v=5AsfZ7ovbsM

Just checked it out. It was about what I expected after reading the whitepaper. Seems pretty straight forward to me. I'm pumped they got on CoinTelegraph too. Maybe they're attracting some whales? They seem to be spending more on advertising so I think they got some cash inflow from somewhere.

Saw this last night and it seems like a pretty good marketing strategy the only concern I have is the possibility of someone holding a high amount of UMC and whale dumping it shortly after launch.

Topic: [ANN][UMC] Unity Matrix Commons - Democratized Risk Management - page 17. (Read 65506 times)