Post
Topic
Board Tokens (Altcoins)
Re: [ANN][UMC] Umbrella Coin - Democratized Insurance
by
umbrellacoin
on 18/01/2018, 22:58:47 UTC
Sorry but we already have WeTrust for what you are trying to do with this project . I recommend you to sell your insanely overpriced tokens after the ICO and buy WeTrust tokens or better keep the ETH.

yes that's what we will do; I assume now that this token is overpriced, while other token have made huge progress without even raising a cent; umc stays idle.
 90% of the world's population suffers from deep stress, you could at least help your supporters and distract them with other exchanges, maybe we could buy a drug with UMC token one day  Undecided


I posted earlier in the thread about how it was obvious this team put ICO money into their pockets and dumped the project on the current team.

No one listened, I got out much earlier and now if you are still in you are down -

Their demo is the same one they had during the ICO, it hasn't changed. But people just ignore this. ICO was 600 UMC, plus you got 600 free so 1 eth to 1600 or .000625 ratio. Current price is 0.0000101 on etherdelta.

That is a -98.384 % if you chose to ignore warnings  Roll Eyes   those who mocked me before, hope it was worth losing all your eth that would now be worth 1k

If you're out on the project, I suggest you don't come in here and continuously spout baseless FUD. The current team would never have agreed to take on the project if they didn't have every opportunity to succeed and you can see our github activity clearly here https://github.com/umccoin/umc-api

We have a demo video of the project working locally end-to-end and we're figuring out the best way to beta test the application with a small user audience. Regardless of what anyone says, UMC is working to deliver a functional product and we will continue to do so.

1. User A opens a policy for X. Their wallet is debited and coins inserted to shared float wallet
2. Cool down period expires
3. User A opens a claim against policy, with proper boundaries for max
4. Random users vote on validity of claim
5. Claim expires and vote is tallied
6a. If successful, shared float pool transfers to user's wallet
6b. If unsuccessful, no op