Press releases
UQUID ICO Launches October 2 – Early Birds Save 20%
Cynthia Turcotte | Oct 02, 2017 | 07:00
UQUID, the all-in-one solution for earning, saving, and spending cryptocurrencies, is giving crypto enthusiasts something to look forward to on Monday with the launch of their highly anticipated ICO.
[Note: This is a press release.]
What is UQUID?
UQUID is a revolutionary all-in-one solution that gives users the ability to easily earn, save, and spend Bitcoin, Ethereum, and 88 other cryptocurrencies. Launched in May 2016, it allows users to do everything from paying bills to shopping online to buying groceries at the corner store.
Described as a complete ecosystem that “provides a hassle-free physical realization of your digital wealth and risk-free investment environment to trade or exchange your digital currency”, UQUID offers a range of services, including e-wallet solutions, reloadable virtual and physical debit cards, mobile top-up, and more.
UQUID’s global network of exchange partners makes it easy for users to connect their cryptocurrencies to other e-currency and payment platforms like PayPal, Skrill, Payeer, Western Union, MoneyGram, and many others.
About the UQUID ICO
The UQUID ICO begins October 2, at 10 AM GMT and will end on November 7, at 10 AM GMT. The ICO will be broken down into four stages, with each stage offering participants the opportunity to purchase UQUID Coins (UQC) at the following scaling discount:
Early Bird ———————— Start 10 AM GMT 02/10/2017 – Finish 10 PM GMT 07/10/2017
Advance ————————– Start 10 PM GMT 07/10/2017 – Finish 10 PM GMT 13/10/2017
Standard ————————- Start 10 PM GMT 13/10/2017 – Finish 10 PM GMT 19/10/2017
Further On (no discount) —— Start 10 PM GMT 19/10/2017 – Finish 10PM GMT 10/11/2017
- Token Symbol: UQC
- Token Background: ERC20 (Ethereum blockchain)
- Total Token Supply: 40 million
- Exchange Rate: 1 ETH = 166 UQC
- Currencies Accepted: BTC, ETH, and 88 altcoins (see Appendix 1 in the whitepaper)
- Hard Cap: $40 million
- Token Holder Incentive: Save 0.4% when cashing out UQC using UQUID
At the conclusion of the ICO, allocation of funds raised will be as follows:
- 45% to development
- 30% to working capital
- 15% to overhead
- 5% to legal
- 5% to marketing
For more information about the UQUID ICO please visit the official website. You can also download the project whitepaper.
Images courtesy of UQUID
