UBT holders -> big pp

[Anonymous No.19171724]

[Anonymous No.19171738]

>>19171724
$1 incoming

[Anonymous No.19171771]

>>19171724
wow

[Anonymous No.19171823]

Iconiq Lab token, the VC that funded UniBright, who pumped like hell the last weeks

All companies they fund(currently 9) needs to pay them back in ICNQ token for their management fee, which is around 5-7% of the capital they raised

They are also the first totally regulated 100% legal ICO project in Germany, in those days of more upcoming regulaton they will have a big head start

I have been slowly accumulating over the last weeks , it's by no means a safe bet but 20 ETH of buy volume right now will make the price 3-4x

[Anonymous No.19171852]

>>19171823
I could not figure out how to buy this as a burger

[Anonymous No.19171915]

>>19171852
Only way I know is using a VPN on IDEX

[Anonymous No.19172007]

>>19171823

Nah no management fee for UBT.
Iconic bankrolled them and helped them out as a startup with seed capital and legal help.
UBT paid them by giving Iconic 2% of the total UBT supply.
They're sitting on a sweet couple of million UBT now.

[Anonymous No.19172035]

>>19171852

You can't for now, they don't want trouble with the SEC by having their token avaliable to US investors since the're launching an asset management service that will most likely be avaliable to US investment firms and VCs through their New York office, not a good idea to rock the boat before that's up and running.

[Anonymous No.19172092]

>>19172007
OK then i missunderstood

But I imagine, with the upcoming EOS, XRP and BCH ETNs that will allow family offices and institutions to invest, there might be coming other ETNs like a UBT connector too, meaning the ones exposed to UBT will benefit from the ICNQ fees that then needs to be paid

[Anonymous No.19172109]

>>19171852
They might be added to Uniswap soon, that's the only way that might work

[Anonymous No.19172178]

>>19172109
UBT is available on Uniswap and Kyber, aren't those global?

[Anonymous No.19172207]

>>19172178
yes, but I thought you talked about ICNQ

[Anonymous No.19172239]

>>19172092

They'll probably do an UBT ETN if nothing else than to open it up to more markets and further drive the price increasing the value of their own hold before selling off.

I'm more curious about the ETNs they're doing for exchange tokens, the LEO and BNB.
In my world that implies some kind of deal between iconic and the exchanges.
The fact that they had the Bitfinex CTO in an interview last week confirms this to me.

[Anonymous No.19172317]

>>19171724
Bulish

[Anonymous No.19172406]

>>19172035
pussy, use a vpn and just hold.

[Anonymous No.19172454]

I don't understand why ICNQ was still not discovered by the mainstream?

[Anonymous No.19172458]

FUCK YEAH

[Anonymous No.19172499]

>>19171852
>>19171915
Wrong you nutheads.
Kyberswap, uniswap cmon.

[Anonymous No.19172535]

>>19172499
i don't know man i'm not a burger

[Anonymous No.19172536]

>>19172454

I think mostly it's because they don't to the regular marketing, they're not really targeting the crypto crowd and the only usecase their token has is within their own ecosystem so they're not trying to solve some big issue with "muh blockchain" they just want to make money and the token is a byproduct of their real products.

For shill and games i'd say UBT is a damn good call, not a big holder but i managed to swing myself to a comfy 10k suicide stack and damn happy for it.

[Anonymous No.19172545]

The mainstream is buying every hype and every shit, but the fundamentals like ICNQ is overlooked.

[Anonymous No.19172563]

Def 1$ incomming..

[Anonymous No.19172623]

>>19172536
Do you know that they buy % ICNQ token of the fees they get?

[Anonymous No.19172668]

>>19172545

Like i said ICNQ is hard to hype it's a token with a very specific use case.
It's an internal fee token for a VC group, right now they've only got the one fund running on Malta paying monthly fees.
When they manage to launch the ETNs and Asset management services though i think people will buy but right now a lot of people are waiting to buy in until they actually are up and running and they can see fees getting bought and burnt.

[Anonymous No.19172706]

>>19172623

Depends on the fee, on the investor fund and the ETNs there's a monthly management fee of 2% of the invested capital of which 20% is to be bought at market as ICNQ and then sent to the burn wallet.
Not sure how the fees on the asset management platform will look but if i remember correctly the ceo was talking about a 20% revenue cut for iconic on managed assets but i don't know what and if any of that will be converted to ICNQ but it probably will since they hold a fair chunk themselves and would like to see it pump.

[Anonymous No.19172758]

>>19172668
i think in the long run it is the wrong way of thinking. Now that the token is still unknown and cheap, they should at least create a small stack.

[Anonymous No.19172771]

>>19172668
It's a gym token

[Anonymous No.19172806]

>>19172771
hahaha, yes it is, for shure

[Anonymous No.19172812]

>>19172758

By the same logic you should buy stock in every new company.
Sometimes it's better to sit on the sidelines for a bit to see if they can actually pull it off.
Not saying they won't, the team is starting to sound rather bullish so i think we'll see something happen quite soon but until then it's still just thoughts and prayers.

[Anonymous No.19172902]

>>19172812
I dont say in every new company, but besides of hype and shill there are some companys worth it to take an closer look.

[Anonymous No.19172945]

>>19172902

Sounds like you've got too much of an emotional attachment to your token.
Not saying it's a bad hold, i've picked up a fair chunk myself but i think it's better to be realistic when analyzing when not everyone is as gun ho as yourself.

[Anonymous No.19173178]

Example: How many really took a closer look at the ghost token? I mean the majority blindly followed the hype. That i mean. Very few do this work.

[Anonymous No.19173229]

>>19173178

The ghost token needed no research.
It followed the tried and tested Mcafee formula, buy the crap he's shilling and then try to sell it before he does.
It's been the same with all of his pet projects :D

[Anonymous No.19173242]

>>19171724
>>19171738
>>19171823
>>19172007
>>19172035
>>19172458
>>19172499
>>19172623
>>19172668

>>19173111
TOKEN NOT NEEDED YOU PUMP AND DUMP SCAMMERS

[Anonymous No.19173479]

>>19173242
keep buying your shit coins. good luck

[Anonymous No.19173482]

>>19171724

What's a make it stack and suicide stack boys? My shitcoin trading stack is around 3500 USD now, so I've just over 7k UBT.

[Anonymous No.19173598]

suicide stack is 20k UBT

[Anonymous No.19173942]

>>19173598

Dammit i need to buy another 10k

[Anonymous No.19174001]

>>19172902
if I would you I would just sell at least 10 ETH worth while there is buys in the orderbook. the team promise without delivery