🔥🔥[ANN] [UNI] Union | Ecosystem for collaborative savings on blockchain🔥🔥

[Aadhaya]

Nice project there.
do you have a bounty program, how does it work

Thanks Aadhaya. Regarding the bounty program, we have a bounty program in our website WWW.GETUNION.IO


 People participating the Pre-sale will be entitled to specifics discounts in the form of additional discounts, as per the agreement. This will be an invitation only basis, however there will be minimum number of tokens need to be committed to be qualify for the pre-sale.

Thanks. Will get back to you soon

[1714619108]

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[1714619108]

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[Hwario]

I reserve my commet. Great project, better think of how to control traffic because it is likely to be very high

[Intaryna]

How do I take part pls. Mine ain’t going through

[cubicusw]

Great project.  Hoping good value after the launch

[getunion]

How do I take part pls. Mine ain’t going through

Thanks for your interest on our project Intaryna.

First, please register on this website to get approved through our Anti Money Laundering (AML) and Know Your Customer (KYC) procedures.
This usually takes a few hours.
Once approved, you may support the development of our project using either of the 3 payment channels (ETH, BTC and LTC).

[getunion]

Great project.  Hoping good value after the launch

Thanks cubicusw. We are working towards that. You are welcome to explore the project and even take part in it

[peperushing]

My interest is in mining your coin. Do you have plan to mine or who mine it?

[warningsigns]

Why can't you source money from traditional banks or local investors? Sourcing funds by selling tokens is very risky. There have been a series of scams in the past which were extremely sophisticated and elaborate in their sales approach. What's scary and concerning is that some of them did manage to rake in tens of millions of USD before the people behind those token projects disappeared in thin air.

What assurances and guarantees can you provide to your target investors? Whitepapers and roadmaps are not sufficient indicators of credibility. Creating them takes minimal effort when team effort is involved. Sophisticated minds can create these token projects if there are adequate financial incentives in sight. Scammers do brainstorm and some of them are really good at it if they know there is something to be gained from it.

[getunion]

Dear warningsigns,

Thanks for your comments, these are exactly the questions people would be asking.
Please find our comments below in italics:

Why can't you source money from traditional banks or local investors?
[Getunion] Sourcing money from the traditional banks will be debt on our books, and paying EMI will take funds out of a growing startup, which will hinder our growth. Hence we are not talking traditional approach.

Sourcing funds by selling tokens is very risky. There have been a series of scams in the past which were extremely sophisticated and elaborate in their sales approach. What's scary and concerning is that some of them did manage to rake in tens of millions of USD before the people behind those token projects disappeared in thin air.
[Getunion] Agreed, there have been lot of scams in the past, which have exploited crowdsale, and that is reason we are were transparent and open in all our activities.  

What assurances and guarantees can you provide to your target investors? Whitepapers and roadmaps are not sufficient indicators of credibility. Creating them takes minimal effort when team effort is involved. Sophisticated minds can create these token projects if there are adequate financial incentives in sight. Scammers do brainstorm and some of them are really good at it if they know there is something to be gained from it.
[Getunion] We cannot assure any guaranteed return (no one can), but what we can assure is that we are working round to clock to make this project success. If you do manage to check our profiles, we are a team from highly reputed colleges in India (NITs, IITs, and IIMs), having worked overseas and in India. We have quit our jobs to fully dedicate ourselves on this project. We do understand that people invests their hard earned money on ICOs, and that the reason we are more determined to face any challenges. Also we are targeting ~400 Million millennia India population, who are in desparate need of a product we are coming up with, there's lot of market research gone into this.

We hope that all your queries have been answered, but please feel free to reach out to us. Its posts like this that creates a trust and asks questions which people generally shy away from.

Thanks
GetUnion Team

[freshprince]

That's a good idea. When avenues for people to borrow money are increased, it means more investment to come. That's why most people will support this project..Will get some this week..

[lennyf1]

Can see a committed team behind the project. What is the plan after 1st May? Will the sale proceed please? I'm ijnterested

[getunion]

Nice project there.
do you have a bounty program, how does it work

 Also, our Bounty program starts on 26th March, more information on this coming soon. We have 4 Million UNI tokens up for Bounty! stay tuned.

[zyrenhufalar11]

 such nice project, but brace up for competition from the traditional lending institutions. however, if you manage to outdo them, the market and future is very promising,ill follow

[Intaryna]

What is the total supply token please?

[ranggenga]

Honestly I still don't really understand how the ending system work in cryptocurrency.
Can anyone explain it?

[getunion]

What is the total supply token please?

Thanks for your interest in our company Intaryna. Actually we have an upcoming bounty. For the bounty we have 4 Million UNI tokens up for Bounty.

|Union|UNI| Bounty program starts 26th March, 4 Million UNI tokens up for grab!! Stay tuned

[getunion]

Honestly I still don't really understand how the ending system work in cryptocurrency.
Can anyone explain it?

Normally its A Collective Investment scheme, where in a group of persons enter into an agreement that each individual will contribute a fixed sum regularly for a specified period of time in order to borrow and save money together. This scheme has been a trusted format to support oneself in times of need, it helps as a borrowing and savings instrument, rate of borrowing is determined by the participants themselves, the intermediaries cost is lower when compared to traditional banking, and it uses social capital.

The modus operandi of scheme is simple: Let us assume a collective fund has 4 members, who put in INR 1,000 a month each. This would mean that a collection of INR 4,000 would be made. Thereafter, an auction is conducted where the lowest bid (from a person who is most in need of money that month) is selected. Assuming that the lowest bid is INR 3,800, the balance amount of INR 200 will be equally divided among the other members. This process will continue for 4 months, going by the number of people in the group.

There are a lot of different forms of collective investment scheme used by people all over the world. Majorities of these informal collective investment schemes are based on individual choices. Nevertheless, there are as well broadly distributed mechanisms to save and borrow together or in groups. Informal collective investments groups have long existed in different parts of the world, including, Europe, Africa, America, Asia. In Latin America and Caribbean, these have existed for decades, giving rise to a broad array of methodologies and approaches of different scope and success.

[getunion]

such nice project, but brace up for competition from the traditional lending institutions. however, if you manage to outdo them, the market and future is very promising,ill follow

Thanks for that zyrenhufalar11. We will ensure we solve all the problems in the old system, and this is what many people are looking for. we have a bright future. stay tuned

[rz888er]

Is your project aimed at helping in savings please? This could be very useful to investors in this field

[vondagon]

Been reading the whitepaper. It sounds so promising. Count me in