Post
Topic
Board Announcements (Altcoins)
Re: [ANN] UR - Distributed Via A World-wide Airdrop, Based on Ethereum
by
ur-technology
on 09/10/2017, 10:48:33 UTC
Devs, have you decided what to do with UR? I remember you said that it might have a future. Also, progress on the buyback? When will a transfer occur? The price of UR is far under what many bought it for, don't you guys feel a little bad for investors considering that only you guys knew what your plans were? Also, I believe cryptopia will remove ur soon...

As we have said during the latest announcements and it was also mentioned in the webinar, if there will be any decision to revive UR in the future, we will, of course, announce it. Currently, there are no particular plans towards that direction as whole focus goes towards the kUSD development and preparations for its release.

As for your 2nd question, per the announcement, after the official launch, we will begin to buy UR on the Cryptopia exchange. The price we will offer per unit of UR will be the equivalent of $0.0025 kUSD, which is meant to be a premium over today’s UR price of about $0.0018. We will continue buying for 30 days or until we have bought 50,000,000 units of UR, whichever comes first. This remains the situation unless anything changes, should anything change, we will announce it accordingly.

You may read about it in detail here:
http://support.kowala.tech/support/discussions/topics/22000008388