I am all for the facts
So what we have is an unknown owner, probably Troy Hogg aka Troy James. Everything I can find points to the guy running multiple schemes. Developers probably have majority of coins.
No one knows circulating supply or market cap theres a ? on coinmarketcap.
DIG has no real world usage on the darknet or any vendors that accept it anywhere.
UNY changed to DIG, why exactly?
The current DIG contract is broken with crazy fees. They stated they have to hire people to fix it but can't themselves and others have stated contract cannot be fixed.
They don't even have a working DIG crypto and create new tokens backed by platinum and silver and plan on airdropping yet another useless coin with no reason other to pump it more and keep current holders from selling before they can dump it
The gold mandella hands were only $50,000 down not purchased.
DIG is centralized on only livecoin! None of the other 13 exchanges ever happened.
The whole idea that DIG is backed by gold is centralization in itself because who ever possess the gold could just walk away. They will never tell us where the gold is at or who has it and claim security. (It will never exist in reality)
Bermuda where they are setting up and doing things is a top 10 tax haven!!!
They have all old timers on this project with no crypto knowledge.
Ronnie Moas is trying to pump this constantly with smoke and mirrors. He is the salesman.
When asking Ronnie where the mining operation is at to call and verify who owns the property and computers he would not say stated security. (But yet microsoft, Fort Knox and even the white house we know locations...its called security cameras and surveillance systems and INSURANCE!) I bet this is not a DIG mining facility at all
Ronnies huge company Standpoint research is at 1504 Bay Road # 2210 Miami Beach, FL 33139 (I googled it and it shows its his apartment and listings in same complex address are on realtor websites)
It has been proven even if true the numbers do not add up for a profitable mining returns. Go read reddit forums on mining (we all know the mining operation is fake anyways)
All of this stuff is just on paper and noobs believe anything they read or hear and never vet information
THIS IS A JOKE ....Smoke and mirrors folks, Smoke and Mirrors.
gembul addressing the troy thing back in August .. For this fuding dullard who is pretending to know something or have been following any of this ...... Mind you this is 10 months old and some info is not accurate like the coin reduction says 5 bill not 3 bill ad it was reduced too . it just shows that troy has not been a part of the project for a S#!t long time & this fudster is just what he is ...
{ quote ) gembul
We believe in the motto which is “less talk, more action”.
In this following update we will touch on what is occurring behind the scenes and we will release the final details upon the completion of each agreement after being reviewed for a final time by our legal representation.
To start, as mentioned in this forum, Unity Ingot (UNY) was once a part of The Affluence Network (TAN). This is a true statement but is no longer related.
In May of this year, UNY and two other token projects were separated from TAN as they were never being used as directly related entities to that project and were only being used initially with the company’s wallet system.
Now, one thing we would like to bring to light in this update is that our original founder has resigned from the token projects and The Affluence Network. We will let him address this in the coming days ahead.
Troy R. James, otherwise known as Troy R. J. Hogg will receive compensation and he will only be required to consult when necessary for the next few months.
His statement and press releases are expected within the next 6 business days. We wish him the best of luck on his health and future endeavors.
Jeremy T. Smith will stay on in the operations of both the token projects and The Affluence Network as CEO and will work closely with the new owners and board of directors.
Jeremy will provide his best efforts to carry on Troy's vision and assist the new board of directors in its further developments.
Although they were both under the same ownership previously, only a few of the people involved with the token projects will be involved with TAN in the future.
These entities should not be considered to be associated with or have any involvement with one another from here forward.
All staff, developers, and associates related to our token developments have been retained by the new ownership and all developments accomplished by Troy and his team is still in progress.
Unity (UNY) has a new board of directors that will be posted on the new version of the website which will be released when the required insurance is in place and all written copy is approved by our attorneys.
These are the developments that token holders should be focused on as we believe we have one of the first blue chip style token projects in development.
HERE IS THE CURRENT NEWS ON OUR DEVELOPMENTS
LARGEST NEWS: UNITYINGOT TO REVERSE TOTAL NUMBER OF TOKENS ISSUED FROM 10BN to 5BN.
1. Unity Ingot (UNY) will reverse our total number of tokens issued from 10BN to 5BN. When running all current numbers from our potential 15% daily mining proceeds into our buy back program we find that with 10BN tokens outstanding would take more than 12 years to acquire the majority of the tokens back and decommission them. By rolling back the token supply to 5BN we find that the program will last 6 to 7 years which is a good time frame for a growth structure token like Unity that our token holders can see a large potential upside.
2. We have added 8 new recognized members to the board of directors that are all based from Wall Street backgrounds and Fortune 50 businesses. We are in the process of purchasing Directors and Officers insurance prior to announcing their official involvement which is in progress.
Currently, the new board is still in negotiations with 4 other Board of Advisors with very well known names in business and in the crypto sector.
The combined knowledge of our board and owners are typically only seen in Blue Chip public entity type businesses and we are sure it is a first for the cryptocurrency space.
The new board members have a long history of corporate governance and compliance and will make sure that UNY is always compliant with current rules and regulations and any new international regulations as the cryptocurrency sector continues to evolve.
3. We are currently in talks with the most recognized names in the crypto mining sector and we are confident we have a clear path to be able to over deliver on the proof of concept and negotiations are almost finalized to be able to aggressively proceed forward to receive all initial mining rigs in a reasonable amount of time and commence mining three primary cryptocurrencies before the year ends.
The acquisition of the operating facilities and miners will have an expense that exceeds $30MM and we have negotiated these finances to proceed forward in advance. The plans to have the 15% growth factor built into the negotiations for more mining rigs with the equipment providers have already been put in place so there is no delay with our proof of concept. More will be released on this in the next couple of weeks.
4. The original founder's concept was to purchase the physical bullion from bullionvault.com to be able to show publicly how much bullion is backing the token at all times from the daily mining proceeds. Strategic relationships within the new Board of Directors has led us to negotiate a deal to purchase and store bullion from a major mining company that is publicly traded on the New York Stock Exchange.
We feel confident that a partnership such as this will be achievable and will not only benefit us but also the partnering mining company. We will release further details as a deal gets closer to completion or if we will be proceeding with BullionVault.com.
5. A business plan, executive summary, and white papers are in the works and will be released upon all negotiations being completed so that the numbers and details are 100% accurate before releasing.
6. A new website that will clearly reflect all changes and advancements will be released to include all updated and detailed information as we proceed forward after these agreements are finalized.
7. We have been in negotiations to be added to 3 more major trade exchanges following the release of this information and these details will also be released at that time.
8. We are adding another element that was just approved by the board of adding a proven FX algorithm which was proposed by one of the leading cryptocurrency analysts in the sector to give another solid proven growth factor to the backing of our token. In the last 15 months (Since May 2016) this algorithm has traded the USD against the EU and has successfully seen gains of almost 1000%. Meaning they started with $100,000 in May 2016 and as of the end of July 2017 the amount had grown to $975,000. The team at UNY will apply $100,000 to open this account and add 10% of the daily mining proceeds each week to this account. We will reduce the amount of bullion being purchased from the daily mining proceeds to 40% to offer more diversification that backs our token. We are excited about adding this element to the structure of our token and proof of these claims will also be posted on our new website as soon as it is released.
The concept of the Unity Ingot Token (UNY) and our other entities that will be released upon the completion of all negotiations and developments we feel has the strength and merit to stand with the best in the cryptocurrency sector and we look forward to sharing further details with everyone.
. The promised the big rollout in February. Never happened. In March, in April, in May, in June... still nothing. They admitted Troy Hogg is involved --
"only as a consultant" -- after he was outed.
The mining plan is comical. They'd be lucky to break even, even if they put 90% of revenues back into mining rigs. The gold purchase is just phony gobbledy-gook. They'd need $3 billion to back every DIG at a dollar's worth of gold.
"Three major exchanges and 11 others lined up! 200 developers!" This tiny, phony operation.. The Board of Directors have surely been paid off with free coins for the use of their names and pictures, and who knows what else they've been told.
Conflicted Ronnie Moas has admitted talking and meeting with "the team" many times -- phone calls, emails, sit-downs. Yet he insists he's not an insider. The coin was nearly dead, nearly worthless and then there was heavy buying right before he first pitched it. It's four months later and he's still pitching it heavily. Fill in the blanks.
As this thing eventually trickles to nothing, Moas surely will have been long gone, and he'll remind the diehards they could have sold back at .20 to .30, and besides, he warned not to go more than 5 to 6% into it. Reputation intact.
This is an elaborate scam run by an experienced pyramid scheme artist. The delays never end, because the plan is to sell tokens for bitcoin, day after day after day for as long as possible.
The young, gullible "investors" seem to spend all their free time on Telegram reinforcing one another's commitment, thinking the operator's crazy promises are settled fact:
"The gold contracts are signed and it'll be on fourteen exchanges soon -- how could it be a scam?"Many are going all-in as they idiotically plug their ears against logical negative comments, insisting
"Ban this Fudder!" Seen this picture before? They'll eventually be talking "class action suit" -- it's what the suckers always say when they go broke.
(All of the above is my opinion only.)
