SpecificationsRoadmap2nd Half 2016:- Requests for investments and partnerships for UDC's general development.
Isn't request for investment called ICO nowadays?
Yes, Yes it is, I don't think he knew that or just decided ICO is a bad buzzword but if you want in on the Initial Coin Offering, it seems this is when you invest but it is definitely not an ICO just an investment time for coins as your return for money.
Well no, you're mixing ICOs with traditional investments.
When i'm stating "investments and partnerships for UDC's general development", i do mean capital investments into UDC WorldBank's company (as "in exchange for real shares") for developing its infrastructure and software, and actual partnerships with other companies to implement and provide new services either together or through them (en example would be Blockchain startup Fluent partnering up with an Allianz subsidiary, Euler Hermes).
There's no coin offering involved in any of those events.
This doesn't mean other cryptocurrencies don't use their ICOs for the same reasons, but not in this case since the funds associated to sales of UDC would only go to the reserves, there wouldn't be any resources for its development anyway.
And while coin offerings from altcoins and other fixed supply/pre-mined cryptocurrencies do have a big impact since the founders and initial investors want most likely to dump their stake to make a profit, it doesn't happen with UDC since it's value is linked to a fixed exchange rate policy with a reserve currency standard (well, actually a basket with the 10 pegged fiat currencies).
If you want to know more, the link i posted last time explains a bit this part regarding UDC's value.
I'll post soon a similar news, but this time dealing with the differences with other cryptocurrencies instead of the fiat ones.