Hey everybody! I hope today is better than yesterday. In this times I try to not give up and learn as much as possible about everything could be useful in this life, but not forget to eat healthy and make some fitness exercises.
If this is the my first article you read from my blog, then you can check about A better portfolio for not getting rekt or RoobeeFin - the investment assistant for beginners right now.
Also, from this one, I made my logo, with an open source image editor - linux based - Krita
Hope you enjoy!
I found recently about this project and it got my attention, so I started to study about it - usecase, tokenomics, it's place in blockchain world, partnerships, etc
or you can find some thought about it in the video below:
After this short introduction,
Let's remind us a little price history of Unibright:
So, from a flat evolution for almost an year comes this astonishing raise that took place since late january 2020, it is time to wonder how far it can go?
For this, I started to understand their mechanics and the philosophy behind getting their token in the middle of client's attention.
I found this article which is the base of my statement:
According to it, at point 7:
7: If we sell the tokens back to the customer this will be at “our” price, so the 0,14 USD per Token we valued our Utility prior to the ICO. Any client can (but does not have to) sign a contract that ensures him the option to buy back his tokens for 0,14 USD per Token for the run time of the contract. HE HAS AT LEAST TO WAIT FOR 30 DAYS UNTIL HE IS ALLOWED TO BUY BACK USED TOKENS. This ensures, the customer initially buys at least enough tokens for one month! This strategy helps the customers so that they do not have to care about a changing market price.
Remember: Integration processes are long term processes, and most enterprise clients would rather go for a fixed price, than checking every month how the market price developed.
- if the market is low, let's say — 0,02 USD — the user who wants UBT can buy 7 times more than his yearly needs and in this way he will have a very low cost framework usage.
if after this period the market is growing to 2 USD, what can restrain him to sign with UBT a 36 months contract for the token price of 0,15 USD?
- according to UBT statements, if the price market is above the 0,14 USD/token, the user could buy the necessary for 1 month and after that will sign a 36 months contract (for example) at a cost of 0,15 USD/token. This will get a token cost average of around 0,16 USD.
And if this is happening for anybody, in the both cases, then the market price doesn’t have a real reason to grow too much above 0,15 USD, because it will be broken by the fixed price from the UBT framework business (which is understandable).
If the token model is in the way I just showed, it could be a great barrier to defend to 0,15 USD limit. A better solution could be the QNT token model, which is offering a flat FIAT price for customers, but converted in QNT coins which are fewer from an year to another.
Disclaimer: this is not a financial advise. If you see some mistakes in my suppositions, I'd be glad to know it.
Have a nice day!