first , as edited : i did a misstake above and mixed parts of "uny" with another token thats scamming right now. edited it out, so there are no missunderstandings left
They idea is to mine crypto currency using the money they raised during the UNY ICO.
from what i understood, they claimed that dignity is a new team? how can they use the cash of the original uny ico?
Therefore, I do not believe that they have enough gold, silver etc. at this point but going to buy it once they have cashflow from the mining operations.
to back the 3b token of uny (soon dignity) they neeed gold worth 3b. sounds like much, much, very much, insane much mining will be needed
Also, unlike USDT that never confirmed or denied that they have enough cash to support their tokens, Unity Ingot never claimed that they have it right away.
they said every token is backed up by real currency like gold. that doesnt sound like "maybe, in the far future, if all works out" to me.
I believe that it adds to the project credibility. Still somewhat questionable though.
i cant see much credibility here. the place where their office is meant to be seems not legit, many misstakes on their page, delays, they start with a big news on livecoin, instead of first getting their shit fixed. hmmmm.
Lastly, I will go ahead an put BTC behind my claim that this is the same team as arbitrade.io. 50 BTC sound good?
i have no problems with this and believe you. arbitrade is nothing that would put anything special behind this, so whats the value of this claim? if you said creators of bitcoin are behind this, well ... that would be different. or any other big players or guys that raise credibility.
I don't disagree that there are still many questionable statements in their whitepaper and agree on the shady office location. Nevertheless, this is a speculative token that can either tank or moon. At the moment, I see more indications that this is going to moon. Therefore, I am currently bullish.