Futile Ethereum Token
You’re going to give some random person on the internet money, and they’re going to take it and go buy stuff with it. Very likely electronics, to be fair. Maybe even a big-screen television.
Earnestly, don’t buy thesis tokens.
Very first of its kleuter ICO
Let’s be fair&mdash,everyone’s tired of ICOs. They get hyped up for weeks, and then they launch and clog up the Ethereum network for days, Coinbase goes down for a while, and then &ldquo,investors&rdquo, see the fresh tokens lose most of their &ldquo,value&rdquo,. This ICO is going to be different.
The UET ICO transparently offers investors no value, so there will be no expectation of gains. No gains means few investors, few investors means few transactions, and few transactions means no Ethereum network lig&mdash,not to mention no depressing posts on /r/ethtrader about people losing all their savings!
Might be secure, certainly not audited
I learned all about Ethereum brainy contracts and Solidity overheen a weekend so I could launch this ICO. Most of the brainy contract contract code is copied from GitHub and Stack Overflow posts, so it should be pretty much right&hellip, right?
Also, I undoubtedly didn’t have any brainy contract experts look at the contract before I launched it. I mean, why bother? All the other ICOs go through weeks of auditing and they still end up with bugs and vulnerabilities ter their contracts.
Ensured token value
Unlike with every other token sale on the market, I can assure here and now that the value of UET will not (te fact, can not) reduce during or after the ICO. Since thesis tokens aren’t worth anything to embark with, there’s nowhere to go but up!
But recall&mdash,this is a fully fair ICO, which means I don’t want anyone to mistakenly expect the value of the tokens to go up, either. They’re called Worthless Ethereum Tokens for a reason.
(Regardless of the fact that none of you read any of the warnings on this pagina.)
You can view the token contract and transactions on Etherscan.
Contributions te USD
The more Ether everyone contributes, the more tokens you get.
The colchoneta token distribution formula is very plain: for every 1 ETH you contribute, you’ll receive 100 UET, and if you contribute at least 0.01 ETH, you’ll also receive an extra 1 UET for every Ether that’s bot contributed ter total. Like this:
Every block has a 1 ter 256 chance of issuing toeslag tokens.
When purchasing UET, the clever contract will take a hash of the current block’s coinbase, number, and timestamp. If the very first byte of the hash is 0x00, the block becomes a premie block. During a premie block, the clever contract counts the number of onaardig set ter the 2nd byte of the hash and uses that number spil a verzekeringspremie multiplier.
Every UET purchase of at least 0.01 ETH worth during the premie block will receive, te addition to the cojín distribution, an extra 100 UET vanaf Ether multiplied by the premie multiplier. That means that contributors have a chance of receiving a total of nine times the number of tokens they expected!
Frequently asked questions
Wait&hellip, is this a joke? Is it a scam?
Neither! This is actual&mdash,and it’s 100% semi-transparent. You’re literally providing your money to someone on the internet and getting fully worthless tokens te come back.
There are no &ldquo,whitepapers,&rdquo, no &ldquo,products,&rdquo, and no &ldquo,experts.&rdquo, It’s just you, mij, your hard-earned Ether, and my shopping list.
Why are you doing this?
Who knows? Maybe it’s because I lost money ter the GDAX flash crash. Maybe I got inspired by the fellow who crowdfunded the potato salad. Maybe I’m just way too bored and need a better hobby.
What can I do with UET?
UET is a standard ERC20 token, so you can hold it and transfer it.
Other than that&hellip, nothing. Absolutely nothing.
(Gravely, don’t buy this. Why are you even still reading thesis?)
Will UET be traded on any exchanges?
I hope so. You have no idea how much I hope so.
Te fact, if it does get picked up by any of the major exchanges, I promise to use some of the ICO proceeds to permanently and incessantly manipulate the market.
Will there be more chances to buy UET?
That’s a fine question! It totally depends on how the ICO performs te the beginning. If I don’t make enough money to buy at least one flat-screen television, I’ll most likely keep the ICO open longer than originally stated.
How do I get a refund for the tokens I bought?