We are thinking of giving every 20-25% more coins as a form of compensation due to the delay from escrow IPO. Then the rest will be destroyed. What do you guys think? Feedback appreciated.

Did you expect it to skyrocket to 100k overnight for some reason? Once our planned features start rolling out the price is bound to go up, until then you should be patient unless you're only in it for a short term gain.

A grand total of 3102302.13458573 USE from the un-sold IPO funds will be destroyed.

Everyone tweet @BittrexExchange using #UseCoin to get their attention! Looks like a lot of people are wanting to get listed on Bittrex for more volume and overall publicity.

Looks like all IPO investors with the exception of a few who haven't filled out the second form has received their USE.

Thank you everyone for being patient with us. We are glad Maidak was able to resolve this as soon as he could have.

Hopefully

Don't see a point in trying to argue with you but in case you missed the previous posts.

Only about 50k coins were sent out from free distribution.
We have already temporarily halted free distribution until the remaining IPO investors get their coins.

If you were unable to wait 24 hours then clearly you only bought in to dump your coins for a quick profit. And quick profits are not always the best profits, fyi.

Thanks for your support

We do not doubt that we can hit 5k sat or even 10k sat once we have our planned features rolling out in the coming weeks.

50% of the IPO funds will be put towards setting up buy support at the right times, plus an additional 10 BTC pooled in from us 3 developers.

What's done is done.

Bottom line is:

• We will not be providing any refunds
• We will just have to wait until Maidak releases the rest of the coins tonight

We don't think we did anything wrong with launch. If we were to provide wallets to IPO investors PRIOR to launch, it would potentially damage the coin much more because it would enable mining early.

The community asked for an escrow and we delivered. We found what we believe to be a reliable escrow as we were unable to get a hold of any of the larger exchanges to do it for us. I am sorry, but our initial plans were to not use an escrow anyway to prevent something like this from happening, but for the sake of the community we decided to go the escrow route anyway.

We had a few investors who invested with us directly without using escrow, ask them. They received their coins from us pretty much as soon as they provided the wallet addresses. We have a team of 3 people, it would not have been hard for us to distribute all coins within the first few hours.

That is different because they were able to get Bittrex to handle their IPO. Note, our coin has a PoW phase. If we released wallets out early, it is possible for people to mine before we even publicly launch the coin. That would have made everyone even more upset than what the current situation has made.

Investments are final, no refunds, unless we failed to launch the coin, which we didn't.

Blaming us is not going to do anything.

Based on the spreadsheet shared with us from Maidak, about half of the IPO investors have not gotten their coins yet, probably because the majority of them filled out the new form by Maidak after he went to sleep last night. We am expecting all of the remaining coins to be released by the end of tonight.

Sorry we would not be able to refund you your investment.

How could we distribute coins to investors before launching the coin? The wallets were not made available up until launch.

How else could we have proceeded with this if not the way we did it? We certainly did not expect the delays for the IPO distribution, that was completely out of our control!

We are not really blaming anyone. Mistakes happen, unexpected delays, etc. We do not even know the reason behind Maidak's unresponsiveness, perhaps he got into some emergency that prevented him from being on the computer today? Who knows. Blaming anyone at this point doesn't resolve anything.

We have already contacted Maidak to provide an update ASAP.

No, we have not destroyed the IPO coins yet. We were actually thinking of offering some compensation to all phase 1 investors.

Yeah, we'll get in touch with them and inform them of our current situation.

Thanks for the feedback everyone.

We have not contacted or campaigned to get listed on any other exchanges. In fact, c-cex was not our doing, we did not expect to hit any of the popular exchanges so soon.

Ideally, we wanted to hit the exchanges around the time the beta testing starts for UseMarket.

We will contact big exchanges after we make sure all IPO coins are distributed.

Free distribution is halted for now until remaining IPO coins are sent out.

Guys, only less than 50k of the free coins have been sent out. It really can't be that big of a deal when almost 1mil of the IPO coins have already been distributed right? We have already slowed down and pretty much halted free distribution until IPO investors have received all their coins. When we were distributing the free coins last night we expected the IPO coins to be completed shortly after launch.

We of course have hope in the coin, we expect the price to skyrocket once UseMarket hits, perhaps even sooner than that. I would not judge the coin based on the first 24 hours of trading on an exchange with relatively low volume.

It was not our decision to get added on c-cex so soon, we did not even request it. They simply took interest in our coin and added it way earlier than we expected.