Quote from: UDC on November 19, 2016, 05:19:12 PM

Quote from: kingcolex on November 19, 2016, 03:48:56 AM

Quote from: BigCat45 on November 03, 2016, 12:56:41 PM

Quote from: UDC on October 31, 2016, 08:26:40 PM

Specifications

No premine or ICO

Roadmap
2nd 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.

So sounds like you are going to be offering stock for a company that doesn't exactly exist yet, so I am assuming this will be far before the stock is actually on any public exchange, how will you issue your stock, how will we verify it and are you willing to go through all the legal loopholes of the SEC to be able to issue this stock (even before public) as you will need to before any stock is issued.

Here you guys go if you want to check it out, https://www.sec.gov/info/smallbus/qasbsec.htm#capital

Not many businesses do this and it sounds like a foolish way to offer investment for start up money instead of an ICO which doesn't need the SEC to verify and regulate you, as it seems it would essentially be a public offering but not on the exchange and that is going to be tough to try and get the SEC to allow that.