Topic: [ANN][UMC] Unity Matrix Commons - Democratized Risk Management - page 8. (Read 65506 times)

Anyone know what happened here? Why exactly was the crowdsale terminated? Why is it listing only one big investor? Where can I find info about the team?

I guess thats just wrong

Are they serious, there is only one big investor???

Contribution status (https://www.umbrellacoin.org/crowdfund/)

Raised: 1531.48 ETH

Issued: 3,243,560 UMC

Participants: 1

Why they deleted all info about their team?

For now Umbrellacoin just available on etherdelta only https://etherdelta.com/#UMC-ETH
still waiting to get listing in major exchange hope coinexchange or liqui first listing

Why you deleted all info about your team from your site? Where going your slack, telegram?  

Hi dev, Just wanna ask when will be the distribution of bounty ? Thanks and how much UMC per stake? Thank you and congrats.

Hai Manager,

I want change my address a new wallet ( Eth = 0x7994e1C680685c41c0082834c80cf35aBE09a7BF )

beause my old wallet ( 0xd0a198b982a6a7223237da5c62349f065f0b65f1 ) is lose.

im join bounty in Facebook  table 473  in spreadsheets , please help me

Thanks You for atention.

You guys had a couple setbacks but I appreciate the openness throughout the process.  The team seems very thoughtful.  I look forward to seeing umbrella coin develop over the months to come.

umbrellacoin

Hello. What with our bounty? Im wearing signature...

After careful consideration, we have decided that with all the recent setbacks and feedback from the community we will be ending the contract and terminating the crowdsale.

We will now be focusing our attention on client development and features on the website. The unsold tokens will be burned within the next 72 hours. We will also be reaching out to other exchanges to try and reach a broader platform.Due to the funding, we have received for the project the number of staff members has decreased. With this situation there may be delays with progress, we will adjust our roadmap accordingly.

We would like to thank all our contributors for their ongoing support as well as the community for their constructive feedback. We will be releasing updates as they develop, please be sure to check in weekly to follow our progress.

Hello, fix this on your site:


to


 

Update on my situation - I was personally messaged by the team on telegram with an apology by 2 different team members and have been able to rejoin the Telegram community. One message appears below:

"Mr NightHawk
We apologie for our moderator's behavior we were unaware he was deleting and banning users for no good reason.
We care about honest and constructive opinion it helps use decided how  we can change our porject for the better.
We hope you will continue to be active in our community and provide challenging questions and insight.
Thank you for your support looking forward to hearing more from you in the days to come."

As the apologies appear sincere I accept them, but we as a community must continue to be vigilant, and any attempts at censorship must be reported. Hopefully this will not happen again as it seems the moderator has been instructed not to do this.


As I participated in the original ICO, this was my contract address, but I think you are able to verify for yourself by checking the token distribution from the contract and seeing that it corresponds to "UmbrellaCoin" in etherscan.io.

Yep, just cheked, 1538,26 in 409 transactions. 50% of amount was raised in 13 biggest transactions.
The biggest one 147,47 Eth.
Info from open sources.

UPD: Info for 0x80fd353b8C7Cc6FE4C8c582251f132C44643E05f. But as i didn't participate in original ICO - dunno whether this contract adress correct or not.

I cant see the website counter right now...
How much you raised already? And,  what will happen if you sell UMC 2400 coin/ eth?

I also remember it being around 1530 Eth. You can see original contract address at 0x80fd353b8C7Cc6FE4C8c582251f132C44643E05f

So big bonus - very bad idea! people would not buying tokens with so big difference. Only First investors will buy. So, better - make max 20%. 400% - crazy and very bad idea.

Why you didnt answer to my question??
How much tokens in total they have? I seen 69 mln, but all tokens sold??
How much money they raised?

Hey, everyone!
 
This is has been a crazy month for us here at Umbrella Coin. Our last month had few ups and downs, the major being the transition of the new team from previous team and subsequently the loss of a great development team. Today we’re pleased to announce after discussions with few aspirants, we’ve hired a new developer towards our project. The new developer is a research scientist at Virginia Tech and has worked on lots of projects as a hobby and commercially. In the last few days, he has worked on the product to add support for UI for uploading documentation for claims as well as support for integration of UMC wallet with user accounts. Right now, mostly efforts have been made on UI development side and we will continue to work to add functionality to the buttons and integrate them with smart contracts.
 
On another note, we have revamped and relaunched our smart contract to give a greater bonus to our investors. As of now, we have compensated all previous investors with a doubling of your initial investments. We have also developed a new reward tier system for the remainder of this sale. The news tiers will be as follows:
 
 
1st Tier: 350 ETH – we will give a 4x bonus (2400 UMC/ETH)
2nd Tier: 351-1000 ETH – we will give a 3x bonus (1800 UMC/ETH)
3rd Tier: 1001-1950 ETH – we will give a 2x bonus (1200 UMC/ETH)
4th Tier: 1951-4000 ETH – we will give a 1.5x bonus (900 UMC/ETH)
4001 EtH and after will receive 600 UMC/ETH as normal
 
 
You can join our crowdfund by going to https://www.umbrellacoin.org/crowdfund/
Remember, we will not and do not post our contract address anywhere other than the site. If you see it anywhere else, it may be an attempt to trick you.
 
On a last note, I would like remind everyone that our #getyourumbrellasout picture contest is still running to the end of the crowdsale! Don’t forget to submit those pictures, because the ones we have gotten so far have been great! For more info on this contest visit: https://www.umbrellacoin.org/umbrella-coin-photo-contest/
 
We can’t even begin to express our appreciation for the support that our amazing community has provided us over these past months. We would like to thank everyone involved for helping us make this project as successful as it has been. Together, we will make rainy days bright again.

What this token UMC be used for life insurance, health, auto and property ?