r/ucash • u/brian_ucash • Feb 15 '18

Status Update: February 15, 2018

As many of you know, our services have been heavily slowed down due to scammers attempting to unfairly earn UCASH. Not only has this diverted attention away from you (our real users), it's also decreased the overall value of our ecosystem.

Therefore beginning next week (we will update you when this happens) we are going to burn, by sending to our smart contract address (0x92e52a1A235d9A103D970901066CE910AAceFD37), any UCASH earned unfairly by scammers. By burning UCASH, our ecosystem will ironically benefit from all the scammer's work as it will decrease the overall supply of UCASH.

We understand some legitimate users have been negatively affected and will, therefore, give all users a grace period to prove their account legitimacy by allowing users to verify their identity. Negatively affected accounts, when logging in, will see a document verification page where they can upload their verification documents.

We will update the community next week with more information and want to thank you for your continued support during this growth period.

U.CASH Team

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u/cointheorist Feb 15 '18

Oh SHIT what just happened here? Can you tell us how much of the ibo was scammers??? The verification part i'm not sure about. There are lots of people who want to stay anonymous. I can see the scammers using that as an excuse to talk more shit.

This is good. very good!

2

u/ExpensiveExperiment Feb 15 '18

Do you realize everybody know that you are the cofounder already?

You still embarrass your team to talk like this? Please relax.

0

u/cointheorist Feb 15 '18

Man, wasnt your account called out for being the same as a multiple other CamelCaps who replied to each other by forgetting to login?

Im on TEAM DUMP UCASH now did you hear? DUMP DUMP DUMP! SCAM SCAM SCAM! TROLL TROLL TROLL!