[UMBRELLACOIN] Who else has been following it/ views?

[cryptoisdafuture]

--- Sorry, I posted in the wrong forum and can't delete from here, I've posted it in Altcoin Discussions now--

I started following the UmbrellaCoin guys like a week back. Now I've not been on BitCoinTalk long enough, and till now just used to jump into currencies based on their valuation inside CoinMarketCap, but I am lately figuring that's too late. So after reading a few whitepapers, I narrowed down to 2-3 ICOs/ crowdsales I was interested in and one of those which piqued my interest was UmbrellaCoin. (https://www.umbrellacoin.org/) The things which really attracted me were it tackles an area (hidden costs of insurance) which even in the fiat currency world I've not seen anyone tackle, it deals with an industry which is known for bullying customers and leads to a terrible experience and it's formed full of devs from reputed companies. The last point piqued my interest even more when I saw this yesterday: https://medium.com/@umbrellacoin/dev-update-week-of-july-30th-c5a073206df4

Holy shit, they actually have a prototype/ beginnings a month before their crowdsale almost. So I was considering putting ~ 50 ETH into their Crowdsale. My questions to the community:

1) What's a decent amount to put into ICOs/crowdsales where you believe it's gotta chance. Personally my risk appetite in the stock market is ~30-40k USD total, so even 50 ETH scares me a little but I feel I might be missing the boat if I don't jump in.

2) Is it common or uncommon to have working prototypes for these coins much before their going public?

Thanks

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[BitFarmer75]

--- Sorry, I posted in the wrong forum and can't delete from here, I've posted it in Altcoin Discussions now--

I started following the UmbrellaCoin guys like a week back. Now I've not been on BitCoinTalk long enough, and till now just used to jump into currencies based on their valuation inside CoinMarketCap, but I am lately figuring that's too late. So after reading a few whitepapers, I narrowed down to 2-3 ICOs/ crowdsales I was interested in and one of those which piqued my interest was UmbrellaCoin. (https://www.umbrellacoin.org/) The things which really attracted me were it tackles an area (hidden costs of insurance) which even in the fiat currency world I've not seen anyone tackle, it deals with an industry which is known for bullying customers and leads to a terrible experience and it's formed full of devs from reputed companies. The last point piqued my interest even more when I saw this yesterday: https://medium.com/@umbrellacoin/dev-update-week-of-july-30th-c5a073206df4

Holy shit, they actually have a prototype/ beginnings a month before their crowdsale almost. So I was considering putting ~ 50 ETH into their Crowdsale. My questions to the community:

1) What's a decent amount to put into ICOs/crowdsales where you believe it's gotta chance. Personally my risk appetite in the stock market is ~30-40k USD total, so even 50 ETH scares me a little but I feel I might be missing the boat if I don't jump in.

2) Is it common or uncommon to have working prototypes for these coins much before their going public?

Thanks

Hey have been watching this coin?! There's alot of news going on.  https://www.umbrellacoin.org/ If you scroll down the site you can find the articles

[cryptoisdafuture]

Yeah I started following the main announcement thread, and I have been very optimistic on them.

[fortunecrypto]

--- Sorry, I posted in the wrong forum and can't delete from here, I've posted it in Altcoin Discussions now--

I started following the UmbrellaCoin guys like a week back. Now I've not been on BitCoinTalk long enough, and till now just used to jump into currencies based on their valuation inside CoinMarketCap, but I am lately figuring that's too late. So after reading a few whitepapers, I narrowed down to 2-3 ICOs/ crowdsales I was interested in and one of those which piqued my interest was UmbrellaCoin. (https://www.umbrellacoin.org/) The things which really attracted me were it tackles an area (hidden costs of insurance) which even in the fiat currency world I've not seen anyone tackle, it deals with an industry which is known for bullying customers and leads to a terrible experience and it's formed full of devs from reputed companies. The last point piqued my interest even more when I saw this yesterday: https://medium.com/@umbrellacoin/dev-update-week-of-july-30th-c5a073206df4

Holy shit, they actually have a prototype/ beginnings a month before their crowdsale almost. So I was considering putting ~ 50 ETH into their Crowdsale. My questions to the community:

1) What's a decent amount to put into ICOs/crowdsales where you believe it's gotta chance. Personally my risk appetite in the stock market is ~30-40k USD total, so even 50 ETH scares me a little but I feel I might be missing the boat if I don't jump in.

2) Is it common or uncommon to have working prototypes for these coins much before their going public?

Thanks

You've made the right decision at the right time when news of China banning icos, Umbrellacoin is a good coin/token to add to your investment, they have a solid team and have in fact show who are behind the team the best way to look at legit ico is there should be a prototype for investors to see .

[cryptoisdafuture]

--- Sorry, I posted in the wrong forum and can't delete from here, I've posted it in Altcoin Discussions now--

I started following the UmbrellaCoin guys like a week back. Now I've not been on BitCoinTalk long enough, and till now just used to jump into currencies based on their valuation inside CoinMarketCap, but I am lately figuring that's too late. So after reading a few whitepapers, I narrowed down to 2-3 ICOs/ crowdsales I was interested in and one of those which piqued my interest was UmbrellaCoin. (https://www.umbrellacoin.org/) The things which really attracted me were it tackles an area (hidden costs of insurance) which even in the fiat currency world I've not seen anyone tackle, it deals with an industry which is known for bullying customers and leads to a terrible experience and it's formed full of devs from reputed companies. The last point piqued my interest even more when I saw this yesterday: https://medium.com/@umbrellacoin/dev-update-week-of-july-30th-c5a073206df4

Holy shit, they actually have a prototype/ beginnings a month before their crowdsale almost. So I was considering putting ~ 50 ETH into their Crowdsale. My questions to the community:

1) What's a decent amount to put into ICOs/crowdsales where you believe it's gotta chance. Personally my risk appetite in the stock market is ~30-40k USD total, so even 50 ETH scares me a little but I feel I might be missing the boat if I don't jump in.

2) Is it common or uncommon to have working prototypes for these coins much before their going public?

Thanks

You've made the right decision at the right time when news of China banning icos, Umbrellacoin is a good coin/token to add to your investment, they have a solid team and have in fact show who are behind the team the best way to look at legit ico is there should be a prototype for investors to see .

That's a very good point of view to have. I don't know how Chinese regulations will affect Umbrellacoin. Let's hope it succeeds

[oliviajizz]

is this a shill thread?

[martyMC]

 

Yeah I started following the main announcement thread, and I have been very optimistic on them.

Why don't you post the link?

[martyMC]

--- Sorry, I posted in the wrong forum and can't delete from here, I've posted it in Altcoin Discussions now--

I started following the UmbrellaCoin guys like a week back. Now I've not been on BitCoinTalk long enough, and till now just used to jump into currencies based on their valuation inside CoinMarketCap, but I am lately figuring that's too late. So after reading a few whitepapers, I narrowed down to 2-3 ICOs/ crowdsales I was interested in and one of those which piqued my interest was UmbrellaCoin. (https://www.umbrellacoin.org/) The things which really attracted me were it tackles an area (hidden costs of insurance) which even in the fiat currency world I've not seen anyone tackle, it deals with an industry which is known for bullying customers and leads to a terrible experience and it's formed full of devs from reputed companies. The last point piqued my interest even more when I saw this yesterday: https://medium.com/@umbrellacoin/dev-update-week-of-july-30th-c5a073206df4

Holy shit, they actually have a prototype/ beginnings a month before their crowdsale almost. So I was considering putting ~ 50 ETH into their Crowdsale. My questions to the community:

1) What's a decent amount to put into ICOs/crowdsales where you believe it's gotta chance. Personally my risk appetite in the stock market is ~30-40k USD total, so even 50 ETH scares me a little but I feel I might be missing the boat if I don't jump in.

2) Is it common or uncommon to have working prototypes for these coins much before their going public?

Thanks

You've made the right decision at the right time when news of China banning icos, Umbrellacoin is a good coin/token to add to your investment, they have a solid team and have in fact show who are behind the team the best way to look at legit ico is there should be a prototype for investors to see .

That's a very good point of view to have. I don't know how Chinese regulations will affect Umbrellacoin. Let's hope it succeeds

it's a chinese coin?

[cryptoisdafuture]

Yeah I started following the main announcement thread, and I have been very optimistic on them.

Why don't you post the link?

Had to some googling, but here it is:
https://bitcointalk.org/index.php?topic=2025943.0

It's not a Chinese coin, the team seems American.

I guess it can be seen as a shill thread, but it's not. I've been critical of these guys at various places especially their slow marketing efforts. However the continuing dev updates and a niche industry which solves a legitimate problem sold me into it, and I invested into it the first week. Don't know how the regulations will affect this and other coins.

[martyMC]

How much they have raised?

[cryptoisdafuture]

Around 1500 ETH