Re: [ANN] UNIVERSA [ICO] | Blockchain Protocol for Business
someone tell me 1 UTN = 10$, then other tell me 1 UTN = 0.01$, so which one is real ?
update : https://icobacker.com/campaigns/universa-tokens/preico/gX3zvD 0.01$ ? it's look like scam where people cant find real price and slack cant signup, scam coin ?
You shoul have read their wp, before rashing to name it a scam))update : https://icobacker.com/campaigns/universa-tokens/preico/gX3zvD 0.01$ ? it's look like scam where people cant find real price and slack cant signup, scam coin ?
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.