I just received this e-mail from Livecoin.
UNITY INGOT UPDATE - PROGRESS AND WHAT IT MEANS FOR THE CRYPTOCURRENCY WORLD!
A few weeks ago we sent you an email about a token listed on our exchange. This is the Unity Ingot (UNY) token. There are several reasons this token will not only hold a large presence in the crypto space very shortly, but also the investment and banking sectors as well. We are sending you this update to share the company/token's progress and, even more so, to inform you about the changes that are occurring in the industry.
Over the past month, we have seen many advances and changes coming to the cryptocurrency sector from countries announcing they are actively getting involved (such as Australia, July 1st 2017), ICO’s raising hundreds of millions in less than a day, and the token/coin structures themselves changing dramatically themselves.
Although the cryptocurrency sector is looked upon as peer-to-peer and decentralized from the central banking systems, a very large shift is evidently happening in the global marketplace; cryptocurrencies are more widely accepted presently as an everyday medium of exchange or investment. The first 8 years of the cryptocurrency industry were more focused on refining the technology that backed the coins versus looking at the purpose and value of the coin, as is being done today. Exchanges like our own are now looking to see: Who’s behind the coin/tokens? What is its purpose? Is it a viable business model, etc.?
You will see this occur in our industry more as the days move forward because of the regulatory bodies in countries that are looking to legalize and legitimize the industry. It is a large adjustment as we all move forward together. No one really knows what may or may not occur on a global scale this early in the game, but what we do know is that the companies behind the largest coins/tokens that are making large corporate moves ahead of the potential laws coming down the pipeline are certainly having their efforts reflect in the value and price of their currencies.
The Progress of the Unity Ingot (UNY)
In our last update, UNY had just launched and since then, it has remained rather quiet on all forums, chat and social media. That is due to the fact that the team behind it is more focused on building the business that backs the token first, which is essential in assuring UNY’s success in the very near future. There are some truly remarkable things happening behind the scenes and we wanted to bring the news to all our loyal members before anyone else.
The UNY Board of Directors is about to grow by 10 very recognizable and distinguished names from business and the banking community. These esteemed individuals had to each obtain clearance from their current positions before being allowed to sit at this very exclusive table. The official announcements commence next week, at which time the owners and current board members will be officially publicising through global press wires. The level of experience and acknowledgements these individuals have received is nothing short of awe inspiring. Watch for these large statements starting this upcoming week.
It is great to see a blue-chip style structure coming to the crypto niche but what is remarkably more impressive is precisely what we’ll update you on next; what will officially be backing and fueling the UNY Ingot.
The corporate team over at Unity Ingot has done something that hasn’t been accomplished in such a scale in the history of cryptocurrency.
They have secured 5,000 alternative mining servers at the manufacturer level in a time when most corporations are unable to procure so much as 10 in remotely the same period. This trend will continue to grow as more people become aware of how lucrative this industry can be. Rest assured, the UNY Team secured the most advanced mining servers in the industry. We ran the numbers a week ago and this is a projection of the expected results in revenue this mining farm will be producing per day/month/year.
Based on two distinct mining server types that are primarily focused on mining Ethereum (ETH) and Litecoin (LTC), the board decided to diversify between the two primary server types for alt coin mining instead of adding a third to mine Bitcoin, where the ROI takes much longer. They will split the number of servers evenly to be able to fluctuate with over 60 different currencies depending upon which coins were trending that day and were showing the best mining results. If the company had these 5,000 mining servers operating “today” their gross income in USD would have been $185,975. This is seen on a day when ETH is lower than it has been; these numbers are expected to grow as the value of the mined tokens climbs.
The most interesting aspect we find is how their model exponentially scales. Their model is this: 50% of daily mining proceeds is used to purchase gold bullion to back their coin to insure the value of the coin against a potential collapse or law change so their coin holders walk away without losing. This is creating the world’s first truly exponential compound growth investment in gold. They use 15% of the proceeds to buy more mining servers daily and their agreement with the mining server manufacturer is that they always have a minimum of 500 mining servers online and ready to start mining immediately after receiving payment. The next 15% of the daily mining proceeds is used to build the bids of the token daily to increase the strength of the token’s value, which includes a buy back program that will purchase UNY back out of the exchange marketplace and decommission those tokens permanently.
The founders of this token projects that there is approximately 4 years of mining and compounding the gold reserves before most of the tokens are bought back and destroyed. The potential for this token is into the billions. Those that are investment savvy and can buy and hold should prove to make substantial returns.
The first 200 mining servers will be available to the company next week and the plans are in place to put them into the mining pool immediately. All mining servers will be delivered between this up coming week and the last week of January, 2018.
Watch for the press releases commencing this week. All updates can be found at
https://unityingot.com.
If you are interested in jumping on the UNY bandwagon and acquiring your piece of this ground-breaking token, you can find it on our exchange under the ticker symbol UNY.
We are extraordinarily excited to see what the future holds for this incredibly promising token, as well as the returns those who invest begin to enjoy.
Thank you!
Past performance is not an indicator of future returns. Livecoin.net is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold cryptocurrencies or securities. Never make investment decisions based on anything Livecoin.net says. This message is meant for informational and educational purposes only and does not provide investment advice.
