Hi Zapier,

Thank you for your interest in Unicoin!

Our expansion into Digital Asset Treasury business has proved to be very exciting, not just for us, but for our investors too, so I’ll respond to some common questions in this update.

1/ As you can see, Mr. Mulhall voiced a strange theory that we did not intend to ICO today. I’m puzzled as to what could lead to such a guess..

The real situation was very straightforward:

I announced our ICO plan on May 14th
a few days later, on May 20th, the SEC announced its blatantly false charges
that caused the crypto exchange which we paid for the ICO to refuse to list Unicoin. (To add insult to the injury, they also refused to return the money we had paid them.)
a similar problem would occur with most other exchanges as they are not willing to risk the SEC persecution
we needed to deploy a strategy that would allow us to move to success despite the malicious actions of the SEC
we closed our deal with DiamondLake last Friday, at the end of the day
we immediately reported it through 8-K filing on the SEC’s website
I promptly communicated it to all investors, with detailed explanation of the reasons.
until that deal was done, it was just one of the many opportunities we were pursuing and we could not rely on it becoming the cornerstone of our Digital Asset Treasury strategy
which is why our plan was to activate our Uniswap listing which we had arranged in advance.

2/ Now we have a clear path forward.

With DiamondLake as our publicly traded subsidiary, we can become the premier diversified alt-coins fund, possibly reaching a $100B+ valuation. (No guarantees!)

3/ We are not emulating the business of MicroStrategy; we are trying to improve on it:

Instead of the market speculation on mature coins, we will buy future bitcoins at a low price and facilitate their growth.
Instead of accumulating massive debt, as most bitcoin funds do, we plan to build an extensive portfolio by providing strategic services to cryptocurrency issuers and swapping our unicoins for the most promising alt-coins.
We plan to use advanced AI technologies to spot the future stars of the soon-to-explode alt-coin market.

4/ Bitcoin created the crypto industry, but it’s likely to continue losing its market share to more modern, scalable, and efficient cryptocurrencies.

Recently, the U.S. Senate approved the Stablecoin Act, allowing the issuance of private money and setting the stage for monumental growth in the alt-coin market. We’d like to take advantage of this explosive growth, creating high value four our investors.

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. “Unicoin USA” term is occasionally used for Unicoin Inc., a Delaware corporation. My past updates can be found at u.site/updates

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