/biz/ - Business & Finance

>>19289785
>>Ubt tokens get locked in the framework. They're like an entry fee.

>>Once you get in, you can use fiat to pay for everything in some convoluted rebuying scheme where you buy locked tokens back from unibright to pay for services.

You need UBT to get in the door, but once you're in you can use fiat to buy locked tokens from unibright.

Those are the tokens that people locked up from paying for access or buying services.

I'm happy for everyone to be making money on it or whatever. But to me the token seems unnecessary. These guys are an integration service business not a protocol or platform. The token is extra friction to sell their service. It doesnt help secure the network or incentivise node operators/miners.
It's a fundraising mechanism. They're selling SC templates for fucks sake.