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.
No, it doesn't. The price of the toke will rise, actually as far as I understand the developers aim at the price rising 1000 times! Whatever, the price wil definetely rise. The price will rise not due to mining, but due to gradual utilization of tokens and decrease in overall token supply. Such mechanism makes it more profitable for an investor to keep the tokens rather than selling them. I thing it's just genious, isn't it?