sidik7
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September 05, 2017, 01:17:26 PM |
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this project , is a powerfull and on promotion , and communication and discussion is contionous i think in future this project making people interesting, the spesial for democratized insurance.
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RoooooR
Legendary
Offline
Activity: 1008
Merit: 1000
GigTricks.io | A CRYPTO ECOSYSTEM FOR ON-DEMAND EC
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September 06, 2017, 03:11:19 AM |
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this project , is a powerfull and on promotion , and communication and discussion is contionous i think in future this project making people interesting, the spesial for democratized insurance.
Agree on you sir, so excited to see umbrella hitting big exchanges soon, let's see what will happen but for now i say good luck to all of the people behind this project.
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quierx16
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September 06, 2017, 03:16:09 AM |
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progress ico to date reaches 1440.44 ETH with the remaining time until ico ends October 20th, I think hard cap will be reached
did you know what is the soft cap of this token? hope it will reached atleast the soft cap. crypto is moving slowly this past few days.
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Fara Chan
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September 06, 2017, 03:28:17 AM |
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progress ico to date reaches 1440.44 ETH with the remaining time until ico ends October 20th, I think hard cap will be reached
did you know what is the soft cap of this token? hope it will reached atleast the soft cap. crypto is moving slowly this past few days. is not the soft cap already achieved? crowdsale movement looks very good this time, i also think that hard cap will be able to achieve let's invest in this ico .. will get many profits from this project
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sidik7
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September 06, 2017, 03:29:01 AM |
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the proggress umbrella coin , about system and team realy good . on social media i see on telegram actifity great on discussion about contiounous for project, promise for umbrella coin going to succes.
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cryptoisdafuture
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September 06, 2017, 07:13:10 AM |
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progress ico to date reaches 1440.44 ETH with the remaining time until ico ends October 20th, I think hard cap will be reached
did you know what is the soft cap of this token? hope it will reached atleast the soft cap. crypto is moving slowly this past few days. Yeah the China regulation has slowed everything down.
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centrum
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September 06, 2017, 10:24:32 AM |
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just want to ask in your bounty pool..
"Bounty: 1,200,000 Tokens (1.2% of issuance)"
is that only applicable if all tokens were sold or if the hard cap is reached?
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BitFarmer75
Member
Offline
Activity: 70
Merit: 10
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September 06, 2017, 04:25:31 PM |
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I have a random thought if the ETH grows (alot) would the change the soft and hard cap?
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Oneandpure
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September 07, 2017, 05:44:42 AM |
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just want to ask in your bounty pool..
"Bounty: 1,200,000 Tokens (1.2% of issuance)"
is that only applicable if all tokens were sold or if the hard cap is reached?
maybe we need an answer from the DEV!! and i just read that the soft cap has been lowered to 1.5k eth is that true ? I hope the developer's meaning is if all tokens are sold will definitely feel a lot of profit if the intended allocation of funds to bounty is if all tokens sold out
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SvetikB
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September 07, 2017, 07:23:01 AM |
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Great news on Twitter from the developers, thank you!
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Alex_UMC
Newbie
Offline
Activity: 8
Merit: 0
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September 07, 2017, 11:37:59 PM |
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Dev team update and new path forward After making rapid tides in the first week of the crowdsale, the momentum tapered off a little bit for the funds raised by UmbrellaCoin in the previous week. People who trusted our platform early on have been eager to hear updates from our side regarding marketing, team, whether we will continue if we don’t hit our “soft cap” and what happens to all unsold UMC tokens during the crowdsale. The time is finally right for us to share the answers with you. We have continued to make great progress on both the marketing as well as the development front with more scenarios being available in our staging app, and we’re now closer to integrating UMC Wallet with the website, as well as creation of claims and voting on individual claims. However the development team has faced personal hurdles in the past week, as conflict-of- interest with their current job has required them to step down from their positions as developers for our platform. Unfortunately this includes our CEO who works at the same company and has been confronted by the same HR policies. As a result, all of them have forfeited their share of UMC tokens. We thank them for the time and effort they spent making this product a success.
Our new team However we’ve worked out a transition going forward. Ryan, who has worked full-time in insurance industry and has left his position there to avoid any conflicts of interest has volunteered to take over the responsibilities as the new CEO. Alex, who was the Head of Marketing and a co-founder for UMC has also decided to commit himself purely to the success of UmbrellaCoin and is COO. Emilio and Nick have also left their previous jobs to dedicate themselves to the success of UMC as a web developer/ media manager. Our ex-CEO continues to assist us through the transition process. All of them are from the Hartford, CT area and have shared beliefs on things needing fundamental change in insurance industry having grown up so close to it. We continue our search for full-time developers as a result of the recent departures but till then we are receiving part-time/ freelance assistance. If you want to contribute to the development efforts, do contact us. Min Cap and fate of unsold tokens The departure of our development team has freed a lot of our funds, and as a result we have decided to reduce our soft-cap significantly to 1500 ETH. This was partially facilitated by ETH’s price boom since the beginning of ICO. When we originally set the cap for this project, ETH was in the mid-100s after suffering a prolonged decline, so we had to adjust our funding goal accordingly. The presale bonus continues though. As to the question of the unsold tokens during the crowdsale after much discussion on whether to put it back into the float or not, we’ve decided we would burn all the unsold tokens during the crowdsale. There will be some tokens left over for the new development team, but it will be a significantly reduced amount. After the momentary storm, our prospects look bright going from here.
We’ll be soon featured in some Youtube videos by prominent marketing specialists, have struck some marketing deals and continue to work with the exchanges such as Evercoin, Hitbtc to get listed after the crowdsale besides Coinomi and EtherDelta. We hope to reach our soft-cap within the next week. We’re all working hard on our shared goals to provide coverage for out-of-pocket costs to policyholders who’ve suffered in the hands of insurance and we have necessary funds at this stage to continue execution.
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centrum
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September 09, 2017, 02:52:26 AM |
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just want to ask in your bounty pool..
"Bounty: 1,200,000 Tokens (1.2% of issuance)"
is that only applicable if all tokens were sold or if the hard cap is reached?
maybe we need an answer from the DEV!! and i just read that the soft cap has been lowered to 1.5k eth is that true ? yes mate that is true. actually here is the update for that, ...
Min Cap and fate of unsold tokens The departure of our development team has freed a lot of our funds, and as a result we have decided to reduce our soft-cap significantly to 1500 ETH. This was partially facilitated by ETH’s price boom since the beginning of ICO. When we originally set the cap for this project, ETH was in the mid-100s after suffering a prolonged decline, so we had to adjust our funding goal accordingly. The presale bonus continues though. As to the question of the unsold tokens during the crowdsale after much discussion on whether to put it back into the float or not, we’ve decided we would burn all the unsold tokens during the crowdsale. There will be some tokens left over for the new development team, but it will be a significantly reduced amount. After the momentary storm, our prospects look bright going from here. ...
but still i want an answer to my question above.. any from the team will answer it?
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bantalguling
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September 09, 2017, 03:12:34 AM |
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this project is very running and also ico of the project goes very smoothly also the project reportedly it will be in a good market
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Fara Chan
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September 09, 2017, 03:39:06 AM |
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how many ico sales from this project until now? I think this project will be able to complete ico sale successfully I support through social media bounty.. hopefully this project can be successfull
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umbrellacoin (OP)
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September 09, 2017, 04:56:58 AM |
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Hello, everyone! A major update is being dropped tomorrow afternoon for our website! This is a major overhaul including an entire GUI and layout change as well as new features and a news tab. We hope this brightens your umbrella coin experience and encourage any feedback.
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sidik7
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September 09, 2017, 07:05:58 AM |
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nice for update , thanks for give news still for supporting and i hope this project will be succes and more participant happy to see about succes on project. its a speasial consep for project,
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karanj
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September 09, 2017, 05:07:05 PM |
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Give a whole new dimension to the world of insurance.looking forward to it
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judyrob
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September 10, 2017, 04:51:50 PM |
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nice for update , thanks for give news still for supporting and i hope this project will be succes and more participant happy to see about succes on project. its a speasial consep for project,
I think the concept is great Yes hopefully not only successes are achieved but could be beneficial for investors and the bounty hunter. While waiting for the further development of this project. Hopefully a nice future
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Bighero76
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September 14, 2017, 01:40:11 AM |
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Looked good at first but I got very concerned when they totally changed their staff and leadership.
While I dont think its a scam I dont believe the coin will sustain.
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Jondum
Newbie
Offline
Activity: 250
Merit: 0
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September 14, 2017, 01:49:19 AM |
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Looks very interesting. Dev team seems really experienced. Will give the whitepaper a closer read.
briliant project, i hope succes for the team and project and i will see depelovment this project follow bounty campaign untill the end ico
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