July 6th Update:
Hello All,
We wanted to do a press release to ease a bit of the tension regarding the holiday weekend price drop. I also wanted to address the lack of updates that we have put out over the last month.
So, let's start with the price drop. As far as we can tell it looks like more larger UVC holders have settled with the current price and we have seen a steady decline due to a general lack of interest. Many holders in the crypto market have shorter attention spans and this creates a perfect environment for coin makers to make a quick buck off weary investors. This unfortunately was the case with this coin's launch. What is so unique about UniversityCoin was the fact that despite the hullabaloo, the original developers made a extremely stable POW then POS coin. The new development team has been graced with this as we came on board with much to learn. I personally didn't know anything about the back-end code when I started the project. I was just a Student with a knack for marketing and a dream of owning his own coin. Now with most of the people losing interest and moving to faster developing coins with new and mostly unneeded features we see a decline in the price of UVC.
Honestly, we are still learning what all needs to be done in order to keep this coin running as stable as possible. We absolutely look to the community for feedback and your comments to let us know how we are doing. I wish we could give you more and faster updates but I personally see something more for this coin. Every new coin will add little niche features that users will embrace and then drop weeks later. But you know what people won't drop for the flavor of the moment? Infrastructure. Bitcoin does so well because everybody is willing to make it a real currency with real fiat capabilities, such as merchant processing and ATM support. Bitcoin also does well for a variety of other reasons but we won't delve into that now.
My vision is to have UniversityCoin start as a Crypto that ushers in more and more students to cryptocurrency as a whole. Not just UVC. We are working diligently to self teach ourselves ways of integrating more features into the UVC wallet along with my end, which is working on the genuine fiat part of UVC.
Brian our lead application dev has been working his butt off setting up testing environments so that he can move forward with more updates on the wallet structure.
I understand that we have only put out a small update within the last month, but I assure you we want to do so much more. It took this long to take over and attempt a repair of all of the damage that has happened from the previous developers.
Personally, I believe that we are at an incredibly better position than we were a month ago and I would really like to ask you for your patience and to believe in us, just as we believed in UVC when we took it over.
Things you can do to help:
Trade UVC on Polo and Bittrex: we need the trade volumes to go up! Or we may lose the exchanges.
Refer anyone you know who can help us with the project! We need all the help we can get
Tweet about us!
Stay diligent with UVC news!
Report bugs to us @
[email protected] 
