I’m still hopeful we get more transparency from Unibright on

Question

I’m still hopeful we get more transparency from Unibright on

how baseledger and UB tx vol translates into actual demand pressure on wider circulating supply of UBT (ie — open markets on exchanges, including the tokens held by retail). There are some details of still not shared about this part of the system.

Given there is a fixed supply which is all in circulation, if there was loads of adoption then price would rocket up unless there was a substantial buffer/treasury built up that can be somewhat recycled so that Unibright can continue billing clients in flat rate €. If that is so, then retail holders wouldn’t see much demand pressure or price movement even with adoption until the treasury was depleted and baseledger tx were directly triggering market buy orders on exchanges (again, and unconfirmed mechanism that presumably must be in there somewhere?)

Just curious… ☮️

#cryptocurrency #english #unibright

0

31.08.2023

7 ответов

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TheProfessor

Dan
The rate for Baseledger transactions is €0.01 per ...

We would need like millions of transactions a day to move the price I would think at the price per transaction.

0

02.09.2023

Dan

TheProfessor
We would need like millions of transactions a day ...

I did not mention price once. Price discussion is in @ubtunofficial

0

02.09.2023

Calamity Jane

Dan
I did not mention price once. Price discussion is ...

Dan, you have mentioned price many times, just not at this particular time.

0

02.09.2023

TheProfessor

Dan
I did not mention price once. Price discussion is ...

Didn’t say you did. I did. But sure unofficial group.

0

03.09.2023

Digital Trust

TheProfessor
We would need like millions of transactions a day ...

I understand when we currently are not even not producing 100 TXs an hour A Million seems like an impossible number However this is simply how things always feel until adoption starts to happen It will happen much quicker than people can imagine The Swift system produces over 40 million messages a day The EIF I’m sure is also vast, as is manufacturing in the EU …

0

03.09.2023

priceylife Price Автор вопроса

Dan
The rate for Baseledger transactions is €0.01 per ...

Are baseledger transaction costs (no matter the service built on top) always tethered to euros in this way?

0

04.09.2023

Dan · Accepted Answer

Dan

The rate for Baseledger transactions is €0.01 per transaction, e.g. €1 of UBT can be converted to 100 Baseledger transactions through the Baseledger smart contract. This has been known since the beginning. You can take your ubt and do this yourself today if you wish to see it work.

0

31.08.2023

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I’m still hopeful we get more transparency from Unibright on

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