Ubcoin reduces the project hardcap to 29000 ETH and maximum supply to 650 million tokens

Ubcoin. Cryptocurrency reimagined
Ubcoin Blog
Published in
1 min readMay 28, 2018

WHY?

We have a very vibrant and active community of project contributors, and individuals and institutions that are considering contributing to make Ubcoin the best enterprise it could possible be. The community has been telling us to be more agressive in improving the token economics for the contributors. We listened, debated with the community, bounced ideas with fellow crypto entrepreneurs and crypto traders, debated again, and after long deliberations we have decided to reduce the project hardcap to 29000 ETH and maximum supply to 650 million tokens.

This measure improves scarcity of the token and its economics, yet does not hinder our development pace and market expansion plans.

Softcap reached long ago, the team is burning midnight oil on the technology and design, and we are ever more enthusiastic and confident of success.

The support from the community around the globe has been overwhelming and we appreciate it very much!

So, what does this mean for individual contributors? With reduced supply there are fewer tokens to go around, so they become more valuable.

Our 17% discount ends IN 3 DAYS — do not hesitate and buy tokens NOW on https://ubcoin.io

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Ubcoin. Cryptocurrency reimagined
Ubcoin Blog

A unique crypto-goods exchange. A blockchain-based smart ecosystem for easily exchanging real goods for cryptocurrency and vice versa. Website — ubcoin.io