Hi, can someone tell me what's the token un unlock

shedule for UOS ?

All except company reserves (100m) are unlocked

Acording to coingecko..com, coinmarketcap..com and cryptorank..io the total and max supply is 1 billion tokens of what only 350 million are in circultion, so there's 650 million still unlocked, so the 100 million tokens you are saying the company reserves and are unlocked doesnt make any sense... Can you explain trat in a way that actually makes sense ???

350 million are in circulation so in hands of holders and exchanges. 100 million are locked. the other 550 million have ended there vesting period but have not moved from the original wallet so they are not counted as circulating supply

So 550 million are in the company reserves, what is the plan with those tokens? can those be sold anytime? shouldn't we count it as part of market cap and circulating supply?

no 100 million are in company reserves. Please check the full breakdown in this article https://medium.com/ultra-io/token-metrics-and-allocation-ca5d1de41ce2

oh sorry. I misunderstood. 550 million ended the vesting period? who hold those tokens? If common users hold those tokens, then those should be part of the supply?

Techinichally speaking , everything should be counted as circ supply minus the company reserves .. but coingecko and other sites dont count it since its still in company wallets

Can you answer my question here ? Acording to coingecko..com, coinmarketcap..com and cryptorank..io the total and max supply is 1 billion tokens of what only 350 million are in circultion, so there's 650 million still unlocked, so the 100 million tokens you are saying the company reserves and are unlocked doesnt make any sense... Can you explain trat in a way that actually makes sense ??? Don't Know if it's safe to open the link with the article.

Unlocked and liquid are not the same thing

answered this like 4 messages above

But at some point the 550 million are going to be unlocked and moved from the original wallet and are going to be diluted into the circulating supply....Or, can you explain it otherwise in a way that make sense ?? Please don't send me a link, just answer here if possible. Please note, not trying to fud, I'm an UOS holder, hold a decent amount ( 75,000 UOS) and I'm just looking for answers to my concers.

at some point yes, some of these will most likely will be sold. to raise funds for UOS. dont think thats really a bad thing IMO.

I think it will be a bad thing, because according to what I undersrand to sell that 550 million tokens they need to unlok'm, so they will be diluted into circulation

but ultra raises lots of funds with that to improve the ecosystem buy exclusive games etc etc

Understand your point, but just imagine how the sale of 550 million tokens is going to impact the price of UOS, considering circulating supply is way less ( 350 million)

they wont sell 550 all at once of course, most likely small portions. but yeah of course selling is bad for price short-term

The sale of those tokens wil impact the UOS price vadly, unless the 550 million tokens currently held on the original wallet are sold over the course of at least 20 years

im guessing they will be sold over 20 years yes maybe even more who knows.

Hope so, however I'm waiting for a reply to my question from Crypto U Bro, who I believe is a moderator in this group chat

That could be the problem if the company don't use the company reserves don't use the 550 million tokens properly, remember whats currently happening with Gala and other simililar cases that have happened with other projects

Gala's Founders are suing eachother. Our Founders are close friends who know each other for many many years ... we are not the same my friend

I insist , you should read this article https://medium.com/ultra-io/token-metrics-and-allocation-ca5d1de41ce2 I assure you its safe to click on 👍🏻 Pinky promise

OK, hope everything goes OK with UOS. Remember it makes sense for UOS holders to have concerns since this supply issue is confusing and it's purely about trusting the team. Most of the projects don't have this confusing type of supply issue.

I understand 100% your concerns, they are perfectly valid 👍🏻

Thank you for your understanding. The fact that I havent been banned from this chat helps me trust the project. I've been banned from other group chats for expressing my concerns in regards of projects

Of course, as Ive always said. All questions are welcome here as long as they are done with respect 👍🏻 If other projects bann you for asking that , maybe its even better you are not there anymore 🤷🏻‍♂️

Completely agree. Greetings from Las Vegas Nevada 😁

Greetings! Nice place ! Saw some very cool videos of a U2 concert in "The Sphere" , crazy stuff

It boils down to trusting they won't dump it all on the market, that's the truth, people who have followed this project for Years trust the team won't do us dirty like that , on the other hand newcomers are more sceptical. Ultra have so far no convincing way to reassure those people. Its a legitimate point of frustration brushed under the rug like other things around here

Nobody is brushing it under the rug. I answer and clear doubts whenever I can

I've said before it would be nice to see a gesture from team such as relocking these tokens or finding some way to make transparent when movements from these wallets can be expected. Having to trust is not a great pro-crypto thing. It's a real bummer that these 550 million unlocked tokens always loom above the community @nighty9

"Trust me bro" is not what new comers are looking for. Officially locking them up as crypto bro has often said

you can easily lock these in ERC20 for some time again. thats not hard

Totally true, it will be a good idea to lock again some team tokens with a vesting and cliff schedule. It can bring more trust, because crypto is all about « trust the tech, not the humans » (I don’t remember the exact quotation 😅)

Has the team decided on anything to spend content or growth tokens on yet? At what point would these be started to be used?

and what's stopping the team from moving those tokens to clear the concerns? look at what team over at verasity did and listen to what the community is saying and fix these tokens please

Moving around to get them as circulating? It would indeed help, I guess a concern would be the fudsters saying they are selling when it's moved around..

Seems to be more concerns over it not being counted in circulation than it is with the team selling

Can you elaborate what they did?