Coin circulation cap reduction
News and Information about Cryptobontix, the company behind UNY
We want to bring to your attention that there has been a management and ownership change to the token UnityIngot (UNY) traded on Livecoin.net and announce a name change along with a coin reduction that will occur this upcoming Friday.
UnityIngot (UNY) was initially developed as a token for another business purpose that was to be eventually backed by gold and was formerly operated by a previous management group. Cryptobonix took control of UNY in October of 2017 and has been building off the business plan that was originally set in place for a different purpose.
Initially and currently the token has 10,000,000,000 tokens fully issued. As of this upcoming Wednesday, January 31st the company will be changing the name and reducing the token issuance from 10 Billion to 3 Billion. All current token holders will receive the new token Dignity (DIG) on a 1 for 1 basis, and the UnityIngot will be retired. This will ultimately kick off the company’s plans and reduce the costs associated with our token transfers.
The token exchange will occur on Livecoin.net and starts on February 13th, and ends on February 20th.
We encourage anyone holding UnityIngots in wallets outside of Livecoin.net to transfer your tokens into a Livecoin.net account to receive the swap. Transfers will still be available for token holders outside of the exchange at a later date which will be announced on the company website.
Cryptobontix has appointed a new Board of Directors and has three more tokens to be released which are to be all backed by a dollar amount of bullion. Each token is being registered as a security in the countries that require such registrations and each token acts as a coupon against the bullion held on reserve. The new token, Dignity (DIG), will have a one-dollar USD of gold bullion reserved against each token.
Details about the company, the tokens, the bullion reserves, and the Board can be received by subscribing to the Cryptobontix website. Subscribers will receive the newly completed white papers and news alerts as it happens. There are a series of news announcements to occur after the token swap has ended. Stay Tuned.
Subscribe Here: https://cryptobontix.com
Thank you for reviewing this information.
Past performance is not an indicator of future returns. Livecoin.net is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold cryptocurrencies or securities. Never make investment decisions based on anything Livecoin.net says. This message is meant for informational and educational purposes only and does not provide investment advice.