Hi Zapier,
Thank you for your interest in Unicoin!
We’ve received many inquiries related to my preceding two updates, so I’ll share my responses to the most common questions.
1/ June 26 is the date of the ICO of Unicoinˣ (uˣ) coins of Unicoin International Inc. These coins were created and audited last year.
Unicoin International Inc. is a different entity from the U.S.-registered Unicoin Inc., and its uˣ coins are not tradable for ú unicoins of the latter.
We are considering offering an exchange mechanism in the future.
2/ Unicoin Inc. was set to ICO last September, but our public listing was blocked by Gensler’s SEC in a blatantly abusive act of their unconstitutional War on Crypto.
3/ In my May 13 message (posted below), I stated that we are moving with the international coin because “we are still waiting for the new SEC leadership to undo the damage.”
We cannot do an ICO for Unicoin Inc. yet, as the SEC is still staffed by the Biden/Gensler era anti-crypto enforcers who tried to criminalize even gifting of coins, causing multi-billion dollar losses to U.S. residents.
(Interestingly, the SEC chose not to sue President Trump for the airdrop of his $Trump coin.)
4/ Several investors urged me to release ú unicoins of Unicoin Inc. ASAP, so that they could do direct wallet-to-wallet transactions. I think we can accommodate their request and tokenize our U.S. coin in the near future. I’ll discuss the plan for prompt tokenization with our tech and legal experts.
Once we create our own blockchain, the initial ú coins will be exchanged for the newer version.
5/ We do not plan to offer our international coins to U.S. residents until the SEC permits such offering.
As of now, no new ICO-related laws or regulations have been enacted in the United States, despite the new Administration’s best efforts to support the crypto industry. Radical policy changes take time.
6/ I feel that idly waiting for such changes to occur is not an option for us. We will miss favorable market conditions if we keep waiting for the regulators and legislators to enact the new rules and laws.
We are going to be using more favorable jurisdictions and markets to promote Unicoin brand, support work of Unicoin Inc. and provide it with funds sufficient to pay cash dividends and make profitable re-purchase offers.
7/ We duly disclosed our plan in our SEC filings, and I informed our investors of our international plans last fall.
8/ I’m optimistic about pro-crypto reforms in the United States. We continue our efforts to make Unicoin Inc. tradable on stock and crypto exchanges as soon as possible.
With very best wishes,
Alex
xxxxxx copy of my May 13 message (highlighting added) xxxxx
1/ Today, at the Toronto Blockchain Futurist Conference, a few of our investors asked me when we plan to tokenize Unicoin.
Their questions made me realize that some investors mistakenly believe that we failed to tokenize Unicoin. The reality is very different:
Unicoin was tokenized last year, in preparation for our ICO, scheduled for September 30, 2024. (Ticker: uˣ / Full Name: Unicoinˣ)
Unicoin passed two security audits, conducted by CredShields and Cyberscope.
Our ICO was blocked by the anti-crypto SEC of the Biden/Gensler era through aggressive lawfare. While we are still waiting for the new SEC leadership to undo the damage inflicted by the unconstitutional War on Crypto, I plan to move forward with an ICO through our non-U.S. Unicoin International affiliate, in a manner designed to create massive value to investors of Unicoin Inc.
At Unicoin Inc., we plan to deploy our own blockchain, to provide the “Made in the USA” scalable and cost-efficient alternative to Bitcoin. The international coin will, in the meantime, help us increasing brand value of Unicoin.
2/ Speaking about the brand visibility, the Unicoin brand was very visible at the Toronto conference today:
3/ Asharq Business, a Bloomberg-affiliated Arabic-language business news provider, published a report on the Middle East trip of President Trump, partially based on an interview with Silvina Moschini, the co-founder and CSO of our company:
(Excerpts)
With very best wishes,
Alex Konanykhin
CEO, Unicoin Inc.
Linkedin.com/in/konanykhin
Konanykhin.com
Unicoin.com
1 World Trade Center
85th Floor
New York, NY 10007
P.S.: My updates focus on our journey towards becoming a publicly-traded company and on our efforts to turn our Unicoin into a major cryptocurrency. These updates are not intended to serve as financial advice or to replace our official reports filed with the SEC. Please note that I cannot possibly answer all the questions myself, so your response to this message may be processed by members of our Investor Relations team. My past updates can be found at u.site/updates
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Our mailing address is:
228 Park Ave South, #16065, New York, NY 10003, USA
Our mailing address is:
228 Park Ave South, #16065, New York, NY 10003, USA
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