Universal Coin: Update 1

If you haven’t gotten in on the fun with weekly airdrops from Universal coin, you are seriously missing out. At this point, the transactions have been happening totally flawlessly. If you have remembered to participate every week for the past five weeks, you’ve already accumulated almost a quarter million Universal tokens!

Screen Shot 2018-04-27 at 9.11.30 AMA few pluses for the UNV token:

  1. totally free, no commitment. They are relying on donations of ETH to pay for transaction fees. For every ETH you donate, they give you 2.5 million UNV. 
  2. 24 hour pickup time. This used to be for only one hour, now it’s for 24 hours starting at 8pm EST every Sunday.
  3. no startup cost. If you have a Ledger, you can store it on there, if not no worries, just sign up for a myetherwallet.com account.
  4. limitless potential. We don’t have an exact worth of each token as it is not listed on any exchange, but this doesn’t stop people from assigning it value. Soon enough, people will leave the accumulation phase and move into the trading phase. Sites like reddit will begin the process with people offering goods and services in exchange for UNV tokens.

If you haven’t gotten in on the action, here’s a quick startup guide to start collecting your UNV tokens. Each week has seen even greater sign ups than the week before. This past week saw over 6,000 participants collect over 30,000 tokens each. Only 35 distributions are left. I love getting the following email every week.Screen Shot 2018-04-26 at 1.58.03 PM

The very first step to collecting your Universal Coin allocation is to set up an ERC-20 wallet. This can be done simply by going to Myetherwallet.com and following these steps.

1. create a wallet with a password
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2. save your wallet
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3. Save your wallet’s private key. DO NOT SHARE THIS WITH ANYONE Screen Shot 2018-04-06 at 11.51.32 AM

4. Unlock your wallet
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5. Add custom token
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6. Copy UNV Token address: 0xbb325121a2be1294b51c10ec56989e5693d0f59d
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7. Choose UNV and 18 decimal points.
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8. Sign up for updates at universalcoin.io and be ready at 8pm EST on Sunday nights!
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36 hours later, you can look up the transaction on etherscan.io by simply putting in your public eth address, and BOOM, you are that much closer to becoming a UNV millionaire.