Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Unity Ingot Official Launch - World's First Crypto-Mining Backed Token
by
MtnJay01
on 15/02/2018, 00:36:58 UTC
Just like everyone else, I'm trying to figure out what is believable and what isn't in regards to the UNY/DIG situation.  I found this recently and think it is a concrete reference:

https://www.prnewswire.com/news-releases/next-group-holdings-inc-partners-with-arbitrade-exchange-inc-in-joint-venture-to-launch-the-worlds-first-prepaid-gift-card-with-cryptocurrency-capability-300583799.html

Plans are one thing and execution is another.  However, an onramp to an exchange that doesn't need bank support along with a commodity-anchored coin makes sense to me for an ecosystem.  If they can execute, this is a big deal and represents a risk/reward ratio I'm comfortable with.

First post so don't beat me up!!  Just trying to contribute. 




Yea read that article too!  Noticed that they use the same address as cryptobontix too!  What does that make you think?

I know it looks 'fishy' but I'm not really concerned about it.  Corporations are fictional entities that are often required to have a stated address on a Statement of Information.  In many cases, that address is picked for various strategic issues (such as taxation or other financial regulation policies) and doesn't correlate at all to the intended operations.  For example, many companies in California are registered as corporations in Delaware due to the favorable legal case history.  At this stage of the game (very early) I think it's just a placeholder. 

The fact that the 2 addresses are the same makes me think the 2 ventures are being planned coherently...which is a good thing.  That's just my perspective.