Our situation is a little bit more nuanced than that. Some people will probably sell tokens as they hit the exchanges. But keep in mind:

1. We sold 20% of circulating supply (10% of total) at the preICO to raise money to run the actual ICO.

2. Assuming half of those coins are sold on exchange quickly after the ICO - it is 10% of the circulating supply.

3. That would push the price down, we don’t know by how much, maybe around 10% but it depends on a lot of other factors.

4. 10% price volatility in crypto is a daily thing. It’s noise.

The above argument is not 100% rigorous but helps to put things into perspective.

We would also encourage people to think of the unmet demand that will be filled at the exchange: a lot of people will not pass our KYC (some countries restricted for the initial sale, some people will not be able to provide the right documents, etc). They will probably try to get the tokens at the exchange.

Most importantly, we would encourage people to look at the project long-term, not based on the first few days when it’s on the exchange.

The first time i heard about this upcoming ICO is when Floyd Mayweather advertised about this upcoming crowd fund and i am wondering whether he have any connection with the development team or is he just an investor,either way his social media post has gained much attention now and so is the only reason i came to know about it. So i will be watching closely about the development and the crowd fund in general.

So can I use my 2gb card to mine Ubiq?

this is all bullshit im using a cloud server with considerable power and a fiber backbone. this is bs im constanly forking and resyncing despite finding a lot of orphans

This is just a testnet?

Same operating system ?

Congratz for the success first phase ICO. 

congratulations to the first phase is reached, this is already a good start