10,000 Tokens for 1 UKT

uKit ICO
2 min readJan 24, 2018

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Those who joined us during the Pre-ICO can see in their token sale dashboards that we have multiplied the number of tokens available to you. This also means that during the main ICO 500,000,000 tokens will be offered for sale at the price of $0.02 per each.

In December, we held the presale and allotted 5,000 tokens to it out of 55,000 available.

Now every token you purchased in December equals 10,000 new redenominated UKT tokens. Similarly, the total amount of tokens available during ICO has also increased — up to half a billion.

This means, 1 token in 2017 = 10,000 UKT in 2018 = $200. This allows setting the price of one token at the level that is psychologically comfortable for many new participants.

Why? Most projects offer their tokens for sale at a small price. We compete with them for attention in ICO calendars, industry media and other resources, where people find out about upcoming ICOs. The price of one token that it is beyond the regular pricing can confuse some of the potential participants when they are just starting to learn about the project.

Having this reason of the community in mind, we decided not to go against the flow and adjust the token price to the common benchmark.

This will help us achieve the goals sooner during the main sale stage.

The token value hasn’t changed. All changes are introduced proportionally: for example, whereas in the past 1 token gave you free access to the basic features of uKit, now this option is available if you own 10,000 denominated UKT or more. Similarly, 0.001% of the available personalizations with AI are the most interesting property of the token, it is now also ensured by the possession of ten thousand tokens.

This way, we still limit the maximum number of token holders to thousands, while in the world there are millions of owners of websites that sell.

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uKit ICO

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