CryptoGuu
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October 07, 2017, 07:13:34 AM |
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wow just found this project now, will def invest.
Russia is so crypto friendly lately so this could be the russian NEO imo
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Dvd1989
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October 07, 2017, 09:04:45 AM |
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waooo... Now, they are free 50 UTN = 500$... waoo... so high rate... Can we belive about that?
Hi mmo4allnewbie, 50 UTN is (unfortunately) not worth $500 (yet), but worth $0.5. The price of one UTN in the ICO is $0.01.
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leea-1334
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October 07, 2017, 09:10:29 AM |
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Interesting to see that the top key points are all aimed at Bitcoin problems. But then you have a few queries. If Universa nodes do not require mining, then how can you incentivize or reward people for verifying the transactions and smart contracts? No fees, no work.
Secondly, what is your smart contract developed from scratch look like or rather how do they improve on something like Ethereum? It does not seem very clear. 10,000 transactions per second. How many nodes would you need to do that?
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IvanVucic
Newbie
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Activity: 12
Merit: 0
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October 07, 2017, 11:33:40 AM |
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You shoul have read their wp, before rashing to name it a scam)) The coin used to cost $10, but in the latest version of wp they have reconsidered its cost. So now 1 token UTN is $0,01. They did it so as it is more convenient for users to calculate the cost of transaction. In other words, when the price was $10, the calculation was 1UTN = a big number of transactions. But now you can calculate: 1UTN=1transactuon Does that mean price will remain low in order to keep price of transaction low as stated in wp? If that is the case i don`t see how would investors profit from it.
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leea-1334
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October 07, 2017, 02:11:17 PM |
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You shoul have read their wp, before rashing to name it a scam)) The coin used to cost $10, but in the latest version of wp they have reconsidered its cost. So now 1 token UTN is $0,01. They did it so as it is more convenient for users to calculate the cost of transaction. In other words, when the price was $10, the calculation was 1UTN = a big number of transactions. But now you can calculate: 1UTN=1transactuon Does that mean price will remain low in order to keep price of transaction low as stated in wp? If that is the case i don`t see how would investors profit from it. I think they should have kept the token tied to a specific crypto. The dollar or fiat value always confuses people. But yes, I suppose the recalculation was necessary to make it more convenient and to ensure transaction costs would always be low. Anyway, the free tokens for registration is 50 UTN, so at the very least you can make 50 transactions for free.
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wancho
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October 07, 2017, 02:12:03 PM |
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I've been emailed to translate your ANN and WP at filipino please pm the link to the materials
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SaturnusDJ
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Activity: 2
Merit: 0
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October 07, 2017, 06:36:31 PM |
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Did anyone find a nice (video) review of this coin? It's really surprising how there is NOTHING at all.
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yourboss
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October 07, 2017, 07:47:29 PM |
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You shoul have read their wp, before rashing to name it a scam)) The coin used to cost $10, but in the latest version of wp they have reconsidered its cost. So now 1 token UTN is $0,01. They did it so as it is more convenient for users to calculate the cost of transaction. In other words, when the price was $10, the calculation was 1UTN = a big number of transactions. But now you can calculate: 1UTN=1transactuon Does that mean price will remain low in order to keep price of transaction low as stated in wp? If that is the case i don`t see how would investors profit from it. No, it doesn't. The price of the toke will rise, actually as far as I understand the developers aim at the price rising 1000 times! Whatever, the price wil definetely rise. The price will rise not due to mining, but due to gradual utilization of tokens and decrease in overall token supply. Such mechanism makes it more profitable for an investor to keep the tokens rather than selling them. I thing it's just genious, isn't it?
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TatjanaMiller
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Activity: 134
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October 07, 2017, 07:52:59 PM |
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I saw a tweet about the free airdrops of 50 UTN tokens. Is this legit?
I got 50UTN token for registration)) I think it's a kind of wellcoming bonus so did I!
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yourbro11
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October 07, 2017, 08:01:39 PM |
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I think this team of universa is doing great job
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alisapro1
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October 07, 2017, 08:05:06 PM |
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I think this team of universa is doing great job
I love their telegram channel, do you?
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ostsee77
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October 07, 2017, 08:05:45 PM |
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I think this team of universa is doing great job
Excellent work. and the project will be a great success. I am convinced of this and have also invested it is one of the good ico 2017 and will bring a lot of money
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mahendra-13
Jr. Member
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Activity: 122
Merit: 1
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October 08, 2017, 01:38:05 PM |
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I think this team of universa is doing great job
Excellent work. and the project will be a great success. I am convinced of this and have also invested it is one of the good ico 2017 and will bring a lot of money I also agree with you!
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PapaMichael
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October 08, 2017, 01:41:09 PM |
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How many tokens have you saled already?
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yourboss
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October 08, 2017, 02:27:29 PM |
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How many tokens have you saled already?
I'm also very curious about the results of preICO, but I can't find it anywhere
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kspro
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October 08, 2017, 04:13:37 PM |
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No, it doesn't. The price of the toke will rise, actually as far as I understand the developers aim at the price rising 1000 times! Whatever, the price wil definetely rise. The price will rise not due to mining, but due to gradual utilization of tokens and decrease in overall token supply. Such mechanism makes it more profitable for an investor to keep the tokens rather than selling them. I thing it's just genious, isn't it?
A rather interesting idea. Could you please explain, how will they utilize the tokens? Do they have definite amount they are going to utilize? Also I understand how the investors will profit from this mechanism, but how will the whole platform profit?
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Bowtiesarecool
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October 08, 2017, 07:05:36 PM |
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Still don't comprehend. If it does everything better than BTC and Ethereum, doesn't it stand to reason that it should be better priced? At $0.01 even a 1000x ROI will just make it $10 per token. ETH is currently hovering at $300 per
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IvanVucic
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October 08, 2017, 10:42:28 PM |
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Still don't comprehend. If it does everything better than BTC and Ethereum, doesn't it stand to reason that it should be better priced? At $0.01 even a 1000x ROI will just make it $10 per token. ETH is currently hovering at $300 per
Which again raises my concern. As they achieve estimated ROI this would significantly add up to the price of transaction, off course unless the price of transaction drops to 0.1, 0.01, 0.001 and so on as value of token boosts up against fiat currencies.
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IvanVucic
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October 08, 2017, 10:52:49 PM |
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I also want to thank leea-1334 and yourboss for your kind answers. I have in fact 55 tokens all ready and would probably have more if friends would have listen to me. I`m much of a fan by now and i think it`s great how speed of transactions got so increased by rejecting miners. Hereby I want to ask if anyone knows how to buy their tokens with fiat (euro in my case) after bounty (28th onwards) and more importantly: how to swap them back into fiat once estimated ROI is reached. Can anyone please answer this?
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mahendra-13
Jr. Member
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Activity: 122
Merit: 1
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October 09, 2017, 07:28:04 AM |
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I also want to thank leea-1334 and yourboss for your kind answers. I have in fact 55 tokens all ready and would probably have more if friends would have listen to me. I`m much of a fan by now and i think it`s great how speed of transactions got so increased by rejecting miners. Hereby I want to ask if anyone knows how to buy their tokens with fiat (euro in my case) after bounty (28th onwards) and more importantly: how to swap them back into fiat once estimated ROI is reached. Can anyone please answer this? yeah their answers are very comprehensive and like the best here
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