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20054093 No.20054093 [Reply] [Original]

Why is this dropping so much?

>> No.20054398

Project is good, token is useless

>> No.20054527

Our token model is a hot topic in our community and beyond.The token model is different from many others in the "space".

I will give a brief explanation, but for a deeper one we would refer you to the blog post we have written about the token model.

The token is a pure utility token.

A party that wants to use our products can only use them with UBT tokens. These tokens must be purchased on the open market (exchanges) from token holders. Customers must lock enough tokens to cover 30 days of framework transactions, and this initial purchase off the exchanges is the only way to access the framework. To create price stability for the customer, and revenue for Unibright, at the end of each 30 day period, clients are able to buy back their used tokens, for a fixed price per token (0,14c), another 30 days worth of framework transactions. It is important to note that those rebought tokens CANNOT leave the framework, so a client cannot for example rebuy at 14c and then sell their tokens on exchanges. If the contract expires or if the customer wants to use more tools, the customer must again buy the tokens on the open market.

We have indicated that tokens brought into the framework by customers are not sold again on the market, and remain in the framework.

>> No.20054533
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20054533

>>20054093
See that? Thats me selling my UBT for ETH. Piece of shit coin. It never ran up like it should have, so I'm out and took a loss

>> No.20054552

>>20054527

The circulating supply of the UBT token will decrease with the use of our tools (adoption).
E.g 150m UBT were issued, 7.535m have been locked, so 142.465m UBT are circulating.

The market always determines the price of the UBT token. This is good for all stakeholders.

Unibright continues to look for further utilities for the beyond usage as framework payments. The first is consultancy packages can be paid by UBT tokens with 50% discount. The second is that ubt is needed to power the liquidity pools for security tokens. And recently, Stefan, the Unibright CTO, mentions working on making UBT the blockchain agnostic "integration gas" for enterprise Blockchain.

The ultimate aim is that UBT becomes the only "Universal Blockchain Token" that an enterprise needs to deal with when dealing with enterprise blockchain integrations.

>> No.20054571
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20054571

>>20054093
>so much
>still above 50% from ath

>> No.20054575

>>20054552
It would perhaps be considered strange that as a blockchain integration company you would still work with written invoices. It is important to note that we have a utility token, a voucher. That is why regulation is not so much of an issue.

The token gives us the opportunity to have UBT transferred AUTOMATICALLY within blockchain transactions. All the great features that are used for crypto payments and settlement.

With FIAT we would have to handle different exchange rates, Wire Transfers, Credit Card Handling and so on. Not to think about all jurisdictions worldwide and companies based in those wanting to make a FIAT payment. All the invoicing and running setup that would be needed for FIAT is a huge additional struggle too.

Apart from that it feels quite right to move forward in showing how to use a blockchain based utility token to showcase blockchain technology itself.

And as we are blockchain agnostic, we needed a token that would be working with ALL POSSIBLE BLOCKCHAINS.

But also because we want to work on having UBT to become the Universal Blockchain Token.
Not only replacing ETH gas, but in other blockchains replacing other gas costs or hurdles to overcome.

If a customer has a business process that is hopping between different blockchains, we would have to handle and use different types of gas.
Our idea is to get all of this away form the user and have ONE unifying token handling (paying in the background) for it.

So while some may try and argue that a token potentially adds friction to the process, when dealing with blockchain and its complexities, we feel that combining all of this into one simple payment makes it simpler for clients. This was discussed during a recent Baseline Office Hours discussion:

/youtu.be/J6-AR_TKFGY

>> No.20054605
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20054605

Also if you know, you know

https://github.com/unibrightIO/Transthereum

>> No.20054627

chico crypto pump and dump. it was only 200k marketcap a few months ago. i didnt buy it at 200k. i fucking aitn buying at 80m, fuck off

>> No.20054650

>>20054093
Deflationary scamcoins are easy to understand. Enterprise blockchain use cases are not. Most people are stupid so the former gets more attention from the latter on biz.
https://medium.com/unibrightio/using-the-unibright-connector-to-integrate-sap-erp-and-microsoft-dynamics-via-baseline-b19a41256ab0
https://medium.com/unibrightio/unibright-and-fraunhofer-ipk-collaborate-on-baselining-additive-manufacturing-7469c36143a3
Anyone with a >80 IQ reading those articles will be bullish on UBT.

>> No.20054705

>>20054627
This right here. Nothings changed except its overvalued as fuck. Dont even think about buying at these values

>> No.20054731

>>20054093
it was a pump and dump, look at the volume

>> No.20054747

most undervalued coin in crypto. You got fudded out of Link, dont get fudded out of this again.

>> No.20054757
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20054757

>>20054093
>Why is this dropping so much?
have you been living under a rock anon?

>> No.20054765

>>20054093
I took this off my charts because I sold already and don't give a fuck anymore
The token is actually not needed at all AHAHAAH

>> No.20054802

Thanks, just bought 10k

>> No.20054816

>>20054398
Fpbp

>> No.20054835

>>20054802
Same. bought back in and will be selling low buying high multiple times today.

>> No.20055034

Wolpert is all about this token, but mr anon doesn't like it : (
I know whose opinion I'm going to go with.

>> No.20056326

Lmao keep selling guys. Just bought some New cool looking bags i need to fill.

>> No.20056329

>>20054093
Ico buyers selling and new clients buying cheap

>> No.20056334 [DELETED] 
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20056334

>>20054093
The new folks are probably curious? What is Pivvr?

>Well if you've been paying attention you've noticed that any shittoken can do a 200x on uniswap these days. Of all these shittokens, the ones least scammy (and thats not saying much) are the PoL tokens. What is a proof of liquidity token? Its a token that proves its liquidity.

Now its easy to launch a token with a huge marketcap because mcap is simply last price of token X total supply. I could create a token right now and make it have a billion dollar marketcap with one trade. But its deceiving. Because you cannot extract 1 billion dollars from the token.

>Why cant you? It would make sense that a token with a billon dollar marketcap would be worth a billion dollars. Wrong. You need liquidity. Liquidity is the total amount of bitcoin buy orders for that token.Thus Proof Of Liquidity was born.

In the proof of liquidity model the total supply of tokens is sent to uniswap along with a seed amount of ether. This seed amount of ether ensures that there is liquidity. But we weren't satisfied with that. We needed more liquidity.

>So we decided to pair a deflationary proof of liquidity token (thats right its liquid and it shrinks - take that to the bank jack) with a stable coin.

What does the stable coin do? It adds double the liquidity.

>How? Because not only can you sell your Pivvr tokens for eth on uniswap, you can sell your pivvr tokens for the pivvr stable tokens which are ALWAYS worth 0.001 eth or 1 pivvr token.

Now smart people will think about this and think, hey wait, theres a problem, if the tokens are back 1:1 with reserves, eventually you will run out of stable coins as the pivvr price goes up.

>And you would be correct.

As the price of pivvr tokens continues to rise the stable coins will be HOT commodity because they are all you to make gains (the increasing price of the pivvr token) without exposing yourself to risk (its always 0.001) ether.

https disc ord gg Qhx Yq Rt

>> No.20056658

looking at the charts it feels like this is the bottom. I'm expecting it to start going up again soon

>> No.20056761

Great project, fortune 500's confirmed to be in contact. Just wait. These guys always deliver what they promise

>> No.20056784

>>20054093
Token not needed.

>> No.20058100

>>20056784
Token needed. Token>fiat

Watch and learn something fudders

youtu.be/J6-AR_TKFGY

>> No.20058157

>>20056761
I can be in contact with Fortune 500 company tomorrow, I will call one and offer my services. I can then say I’m in contact with a Fortune 500 company to my investors, who will then run with it and post all over social media.

>> No.20058795

Sell it, stay poor. Who cares?