Why should you keep an eye on Upfiring (UFR)

[Skysan]

Why should you keep an eye on this:

• Tiny marketcap - UFR is currently sitting at rank 545 on CMC, with a marketcap of 500,000$. Total supply is 24,000,000$, circulating- 14,400,000$
• Token burn took place on Nov 19th and a huge portion of unsold tokens were burned as the team raised 400,000$. 791,000,000 tokens were burned.
• Upfiring is an innovative upgrade to modern day P2P file sharing technologies and seeks to revolutionize the industry.
• Rather than paying a subscription fee or “purchasing” files, UFR tokens are simply sent to the network as gas to power file transfers, which then initiates the movement of  the files amongst nodes. Upon completion of the transfer, the seeder is then credited with the majority of these tokens. 
• Q4 2017Upfiring Testnet/Alpha Launch; Q1 2018Upfiring Beta Launch; Q2 2018 Upfiring Official Launch.

What you may not like :

• Team is anonymous, only one member has shared his credentials ( https://www.linkedin.com/in/tylerfallon)
• There is no GitHub at the moment, although Tyller has an active one ( https://github.com/tylerfallon)
• No development updates at the moment
• Currently only traded on Etherdelta
• UFR was traded at 20x ICO price (0,40$) once it hit etherdelta, after such a huge increase, the price since has fallen back to its ICO price of 0,02$
  

In my opinion, investing big money currently is too risky as there are too many questions and red flags, but if we see crucial updates this project could possibly be a great investment.

Links:
Twitter: https://twitter.com/UpfiringHQ
Reddit: https://www.reddit.com/r/Upfiring/
Website: https://upfiring.com/
There is an unofficial telegram group: https://t.me/Upfiring

[cindygirl]

Why should you keep an eye on this:

• Tiny marketcap - UFR is currently sitting at rank 545 on CMC, with a marketcap of 500,000$. Total supply is 24,000,000$, circulating- 14,400,000$
• Token burn took place on Nov 19th and a huge portion of unsold tokens were burned as the team raised 400,000$. 791,000,000 tokens were burned.
• Upfiring is an innovative upgrade to modern day P2P file sharing technologies and seeks to revolutionize the industry.
• Rather than paying a subscription fee or “purchasing” files, UFR tokens are simply sent to the network as gas to power file transfers, which then initiates the movement of  the files amongst nodes. Upon completion of the transfer, the seeder is then credited with the majority of these tokens. 
• Q4 2017Upfiring Testnet/Alpha Launch; Q1 2018Upfiring Beta Launch; Q2 2018 Upfiring Official Launch.

What you may not like :

• Team is anonymous, only one member has shared his credentials ( https://www.linkedin.com/in/tylerfallon)
• There is no GitHub at the moment, although Tyller has an active one ( https://github.com/tylerfallon)
• No development updates at the moment
• Currently only traded on Etherdelta
• UFR was traded at 20x ICO price (0,40$) once it hit etherdelta, after such a huge increase, the price since has fallen back to its ICO price of 0,02$
  

In my opinion, investing big money currently is too risky as there are too many questions and red flags, but if we see crucial updates this project could possibly be a great investment.

Links:
Twitter: https://twitter.com/UpfiringHQ
Reddit: https://www.reddit.com/r/Upfiring/
Website: https://upfiring.com/
There is an unofficial telegram group: https://t.me/Upfiring

I came across this one at ICO stage but the only thing that put me off was that it will really only gain traffic in my opinion if seeders move away from more common platforms like utorrent. Leechers will always go to wherever the files are readily available and the cheapest.

[Skysan]

Question is would you choose to use it for free ? Or would you pay, according to the devs a little, fee, to possibly get better and more stable downloads on a decentralized platform ?
I often find files that I want to download, but they are with 0 seeders and dead. Or with larger files and only a few seeders, it can take a huge amount of time, especially when we want everything to be available to us in a blink of an eye. UFR can improve on this. Viruses are another problem with torrents.

Also Upfiring doesn't need to replace torrents, it can be an alternative. There are many people who would want access to selective files and people would be more willing to share better files for a fee.

[cindygirl]

Question is would you choose to use it for free ? Or would you pay, according to the devs a little, fee, to possibly get better and more stable downloads on a decentralized platform ?
I often find files that I want to download, but they are with 0 seeders and dead. Or with larger files and only a few seeders, it can take a huge amount of time, especially when we want everything to be available to us in a blink of an eye. UFR can improve on this. Viruses are another problem with torrents.

Also Upfiring doesn't need to replace torrents, it can be an alternative. There are many people who would want access to selective files and people would be more willing to share better files for a fee.

I guess that's exactly the market for this project. There is a reason why closed torrent communities are the best. Seeders are incentivized through the ratio and the availability is way better than at the open trackers. I don't know how devs are going to deal with some of the "unsavoury" content being shared, but I am looking forward to this project.

While they may be the best communities I do not feel that they are large communities and I believe to succeed this needs to be adopted by the masses. Or at least to grow as it could do. Content will probably be managed like any other torrent based on votes and reputation.

[Habbeb000]

Why should you keep an eye on this:

• Tiny marketcap - UFR is currently sitting at rank 545 on CMC, with a marketcap of 500,000$. Total supply is 24,000,000$, circulating- 14,400,000$
• Token burn took place on Nov 19th and a huge portion of unsold tokens were burned as the team raised 400,000$. 791,000,000 tokens were burned.
• Upfiring is an innovative upgrade to modern day P2P file sharing technologies and seeks to revolutionize the industry.
• Rather than paying a subscription fee or “purchasing” files, UFR tokens are simply sent to the network as gas to power file transfers, which then initiates the movement of  the files amongst nodes. Upon completion of the transfer, the seeder is then credited with the majority of these tokens. 
• Q4 2017Upfiring Testnet/Alpha Launch; Q1 2018Upfiring Beta Launch; Q2 2018 Upfiring Official Launch.

What you may not like :

• Team is anonymous, only one member has shared his credentials ( https://www.linkedin.com/in/tylerfallon)
• There is no GitHub at the moment, although Tyller has an active one ( https://github.com/tylerfallon)
• No development updates at the moment
• Currently only traded on Etherdelta
• UFR was traded at 20x ICO price (0,40$) once it hit etherdelta, after such a huge increase, the price since has fallen back to its ICO price of 0,02$
  

In my opinion, investing big money currently is too risky as there are too many questions and red flags, but if we see crucial updates this project could possibly be a great investment.

Links:
Twitter: https://twitter.com/UpfiringHQ
Reddit: https://www.reddit.com/r/Upfiring/
Website: https://upfiring.com/
There is an unofficial telegram group: https://t.me/Upfiring

How do I get this token please?

[jmlona]

Why should you keep an eye on this:

• Tiny marketcap - UFR is currently sitting at rank 545 on CMC, with a marketcap of 500,000$. Total supply is 24,000,000$, circulating- 14,400,000$
• Token burn took place on Nov 19th and a huge portion of unsold tokens were burned as the team raised 400,000$. 791,000,000 tokens were burned.
• Upfiring is an innovative upgrade to modern day P2P file sharing technologies and seeks to revolutionize the industry.
• Rather than paying a subscription fee or “purchasing” files, UFR tokens are simply sent to the network as gas to power file transfers, which then initiates the movement of  the files amongst nodes. Upon completion of the transfer, the seeder is then credited with the majority of these tokens. 
• Q4 2017Upfiring Testnet/Alpha Launch; Q1 2018Upfiring Beta Launch; Q2 2018 Upfiring Official Launch.

What you may not like :

• Team is anonymous, only one member has shared his credentials ( https://www.linkedin.com/in/tylerfallon)
• There is no GitHub at the moment, although Tyller has an active one ( https://github.com/tylerfallon)
• No development updates at the moment
• Currently only traded on Etherdelta
• UFR was traded at 20x ICO price (0,40$) once it hit etherdelta, after such a huge increase, the price since has fallen back to its ICO price of 0,02$
  

In my opinion, investing big money currently is too risky as there are too many questions and red flags, but if we see crucial updates this project could possibly be a great investment.

Links:
Twitter: https://twitter.com/UpfiringHQ
Reddit: https://www.reddit.com/r/Upfiring/
Website: https://upfiring.com/
There is an unofficial telegram group: https://t.me/Upfiring

How do I get this token please?

I think for now it is only trading on etherdelta so head over there and you can buy some, it's at 0.0001 eth right now which is about 4 cents so around double ICO price but still pretty low relative to the price it once was.

[Skysan]

Why should you keep an eye on this:

• Tiny marketcap - UFR is currently sitting at rank 545 on CMC, with a marketcap of 500,000$. Total supply is 24,000,000$, circulating- 14,400,000$
• Token burn took place on Nov 19th and a huge portion of unsold tokens were burned as the team raised 400,000$. 791,000,000 tokens were burned.
• Upfiring is an innovative upgrade to modern day P2P file sharing technologies and seeks to revolutionize the industry.
• Rather than paying a subscription fee or “purchasing” files, UFR tokens are simply sent to the network as gas to power file transfers, which then initiates the movement of  the files amongst nodes. Upon completion of the transfer, the seeder is then credited with the majority of these tokens. 
• Q4 2017Upfiring Testnet/Alpha Launch; Q1 2018Upfiring Beta Launch; Q2 2018 Upfiring Official Launch.

What you may not like :

• Team is anonymous, only one member has shared his credentials ( https://www.linkedin.com/in/tylerfallon)
• There is no GitHub at the moment, although Tyller has an active one ( https://github.com/tylerfallon)
• No development updates at the moment
• Currently only traded on Etherdelta
• UFR was traded at 20x ICO price (0,40$) once it hit etherdelta, after such a huge increase, the price since has fallen back to its ICO price of 0,02$
  

In my opinion, investing big money currently is too risky as there are too many questions and red flags, but if we see crucial updates this project could possibly be a great investment.

Links:
Twitter: https://twitter.com/UpfiringHQ
Reddit: https://www.reddit.com/r/Upfiring/
Website: https://upfiring.com/
There is an unofficial telegram group: https://t.me/Upfiring

How do I get this token please?

As stated above you can only purchase it on etherdelta for now. If you don't like it, you can wait a week or few, for more exchanges as the devs said they're working on being listed on some bigger and smaller ones.

[molecularman]

I noticed the price drop over the past few days.

Having sold off one of my e-coin airdrops -   I went ahead a took a chance on this.    Didn't buy a lot,  but it won't take a lot for this to really move in price.   With such a low marketcap and fairly low supply.   If they get their marketing in order and produce a viable application -  this could hit a few dollars,  easily. 

[Skysan]

UPDATE:

UFR devs post an update on project roadmap and development schedule.

Updated Roadmap

    Q4 2017 — Contribution Period v1.0
    Q4 2017 — Excess Token Burn
    2017 through Q1 2018 — Heavy Development
    Q1 2018 — Alpha release
    Q2 2018 — Beta release
    Q3 2018 — Full Desktop version release
    Q4 2018 — Open-source community contributions, potential for Android/iOS application feasibility


Link to article : https://medium.com/@Upfiring/upfiring-dapp-updated-development-schedule-775f7d30309f

[molecularman]

Hopefully the dev can come through with a working product.   I think if they produce anything that works,  this coin, with such a low marketcap could easily be a dollar or two.     

I have been tempted to sell of as there have been times of pretty good return,  but if they keep developing the project, selling off now will leave thousands on the table.

[Skysan]

UPDATE:

• UFR is officialy listed on Cryptopia, not ideal exchange, but a step forward as UFR was only available on Etherdelta before. According to the devs another "mid-sized" centralized exchange should list them in the coming weeks.
• Also a medium post is coming next week and the updates should get much more frequent during late January/early February.

Links:
https://twitter.com/UpfiringHQ/status/946580496116482050

https://www.reddit.com/r/Upfiring/comments/7mrm20/ufrbtc_and_ufrltc_markets_are_now_officially_live/

[flipperfin]

Lol I was sure this was some exit scam? I remember buying some and the price straight plummeting afterwards..

[Skysan]

Lol I was sure this was some exit scam? I remember buying some and the price straight plummeting afterwards..

Yeah this is why my title says to keep an eye on it, I couldn't advise to buy it, due to some red flags it had. I think the price was so high at the start due to the token burn, it dropped due to the red flags and lack of updates and communication. The devs seem to be more active these days. Waiting for more exchanges and updates on their Q1 alpha release now.

[Skysan]

UPDATE:

• Some people have brought up that UFR is shilled on a discord channel called "shill" for pump and dump. I have seen the screenshots of the group and nowhere they state that they're P&D. What they're doing is increasing exposure to low market cap coins, obviously not by the best means. Increasing exposure is essential to any coin, like RaiBlocks which went under the radar for a long time unnoticed, then gained exposure and here it is. Calling UFR a scam cause it has groups shilling it, is unfair to the project and the devs.
• There have been users at 4chan, claiming that UFR copied parts from FEENIX whitepapaer. FEENIX website is down, and their last posts are on november 2nd. UFR published their whitepaper on August 30 and bitcointalk ANN thread was started on October 2nd. FEENIX ANN thread was created on October 10. Judge yourself.
• Concerning the github devs  plan to open source it - particularly once the UFR/ETH wallet has been tested extensively. Because their app involves wallets and the transferring of UFR between peers, they want to be sure users' funds are secure before releasing the source code.
  
  Source: https://www.reddit.com/r/Upfiring/comments/7mnjzu/will_this_project_be_open_sourced_via_github/