Week 3 // Happy New U!

Alexander Borodich
UniversaBlockchain
Published in
5 min readJan 2, 2018

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Hello and Happy New Year!

Our team wishes all the joy and success in 2018! Let’s build a new world based on trust, decentralisation and cooperation together.

Merry Crypto and Happy New Universe!

Note: see how to withdraw ERC20 tokens below..

The three weeks summary:

For those who do not tend to look at the calendar too often, I’d like to bring to your attention that it’s only been three weeks since the end of the Token Sale (including Christmas and New Year holidays). However, in the chat rooms, it seems as if it has been three years with no blockchain or news from us.

Of course, we feel slightly uncomfortable under pressure — so let’s take a closer look at what some of the more ignorant participants in our chat rooms and forums are calling a scam.

We are known workaholics, and we are going to HODL Universa. Did you work during NYE, too?

You, my dear owners of the Universa tokens, have an extremely motivated team of workaholics, who worked during the traditional holidays of Christmas and New Year until 6 pm — including New Year’s Eve. On the first of January, instead of resting, we woke up and continued to work for another 8–12 hours. I’ve seen a lot of development teams and believe me ours is one of the most cohesive and motivated. If you multiply our dedication by our experience and understand what it is that we are building you will get an uber team that works hard to please you. Three weeks have passed, and it seems to us that the result is decent and quite natural for the time given. Please remember that we are building a blockhain protocol, not an app for blockchain (you can see the difference here: https://hackernoon.com/differences-between-protocol-blockchain-and-app-blockchain-companies-802b699eccde)

Is the Roadmap outdated? It is, but we have accomplished more than we planned :)

We’ve been accused of not reflecting in our WP and on the website our decision in August to reschedule the Token Sale and the rest of our plans six weeks from the middle of September to the end of October. I believe that you should be able to compare the original document and our current progress to understand how far behind of our original plans we currently are. In two or three weeks time we will publish an updated roadmap. Currently we are ahead of schedule on some of the plans, with somewhat of a backlog in the others.

For example, today we are releasing the Universa (l) Reserve System (URS) module, aimed at ensuring the correctness of coordinated UTN / UTNP emissions within the Universa Blockchain (UTN) and ERC20 contracts of the Ethereum contract (UTNP), providing free conversion of UTN / UTNP, enabling burning tokens in both smart contracts and providing public access for auditing the total token supply, correctness of token emission and burning.

The release of Universa(l) Reserve is a significant milestone for us, despite the fact that we did not mention it in the original roadmap. It is difficult to describe the internal complexity of developing parts of the primary infrastructure layer of the blockchain protocol. Think that it’s long enough and it takes a lot of effort. It will allow you to make cross-channel instant conversions UTN-ETH, ETH-BTC, etc. almost instantly…

Withdrawal of ERC20 tokens to Ethereum // IMPORTANT! Must read!

Today we release the promised opportunity for all the tokens buyers (as well as those who received tokens in bounty) to withdraw the ERC20 tokens to their Ethereum addresses (of course they should understand the ERC20 token format, for example, I use MyEtherWallet).

If you don’t want to have the hassle of swapping your tokens back and forward later manually you can select UTN and you are good to go on the Mainnet.

To withdraw ERC20 you need to log in to your account at check.universa.io and click on the Withdraw button. On the following screen you can select how many ERC20 tokens you want to withdraw to your ERC20 Ethereum Address, enter the address of the Ethereum wallet and also an email address and password that you will use to access the storage of your remaining UTN tokens. The minimum amount of the output to UTN-P is 1000 tokens. If you are subject to KYC you will receive a notification with information regarding a simple KYC procedure you have to complete before receiving any requested UTN-P.

Attention: make sure that you have entered the correct email and Ethereum address. After sending the indicated number of ERC20 tokens to you, we will not be able to return it or to help you in accessing it, if you lose the account or misname the address.

We will send out the tokens as soon as the majority of participants of the Token Sale have filled in this form. WE THINK THIS SHOULD TAKE ABOUT ONE WEEK. Before this, the tokens will not be accrued, so do not worry if you don’t find them in your wallet today!

We will send you instructions on how to withdraw any remaining UTN to the Universa Blockchain wallets using e-mail and password later.

Here goes the summary:

Guide on withdrawing ERC20-tokens to compatible wallets:

  1. Sign in to your account at check.universa.io
  2. On the next screen select how many ERC20 tokens you want to withdraw to your ERC20 Ethereum Address
  3. Enter your Ethtereum wallet address
  4. Enter the email and password that you will use to access the storage of the remaining (UTN) tokens
  5. CAREFULLY verify the correctness of the email and the Ethereum addresses.

AFTER SENDING THE CHOSEN NUMBER OF ERC20 TOKENS TO YOU, WE WILL NOT BE ABLE TO RETURN THEM OR HELP YOU TO ACCESS THEM IF YOU LOSE YOUR ETHEREUM ADDRESS OR MAKE A MISTAKE WHEN SPECIFYING IT

News and press

I’ve briefly answered forklog’s questions on Token Sale (in Russian)— https://forklog.com/ceo-universa-kak-my-proveli-tokensejl-na-28-mln/

John McAfee has been mentioned among top-10 people of the year as Universa’s advisor and a person who gave a risky promise to eat his own cock — https://forklog.com/top-10-personalij-2017-goda-v-bitkoin-i-blokchejn-industrii/

Got a share from CoinTelegraphhttps://twitter.com/Cointelegraph/status/945954733965094913

Join our Official Universa News Channel on Telegram to read the latest Updates and News about our project @UniversaNews.

You are always welcome to ask us any questions in Telegram on @uplatform (EN) and @universa (RU) channels.

Happy New Year, and see you next week! Stay tuned!

Yours faithfully, your Paranoid CEO, Alexander Borodich

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Alexander Borodich
UniversaBlockchain

Universa Blockchain Founder and CEO, Business angel, accredited investor, serial entrepreneur, addicted to travel and decentralized tokenized economy