Schneider Securities, ltd. (“Schneider”) will provide Ubiquicoin coin holders with a financial guarantee of up to $50 million that scales with the size of the ICO; the bigger the ICO, the bigger the guarantee. Ubiquicoin will provide a further guarantee that also scales with the size of the ICO and is backed by a diversified pool of assets. Together, these guarantees will provide coin holders with $1.00 protection on every coin sold in the ICO.
Schneider was founded in Scotland in 1119, re-structured as an amalgamation of family offices in Switzerland in 1991 and re-domiciled to London in 1999. It now operates under the auspices of the Financial Conduct Authority, the International Chamber of Commerce and the European Banking Authority. Schneider has over one billion US dollars under management that will be used to back the guarantee for Ubiquicoin. Schneider has a long history of providing financial guarantees to companies and sovereign governments across the globe.
Importantly, Schneider will have no influence over Ubiquicoin, its operations, its management, or any of the coin holders. The sole purpose of its relationship with Ubiquicoin is to provide coin holders with downside protection in the coins they purchase in the ICO. Schneider also has absolutely no influence or control whatsoever over Ubiquicoin’s cryptocurrency, which is governed by decentralized transaction authentication and smart contracts.
Be part of the only currency that gives you real downside protection with unlimited upside potential. Be part of Ubiquicoin.
Ubiquicoin is the first decentralized digital currency to be backed by a financial guarantee that scales with the size of the ICO, built on a proven infrastructure and with an equitable revenue share structure that rewards coin holders equally. Ubiquicoin has been designed to optimize and democratically implement the goals of the global financial revolution. We call it “Organized Decentralization.” The future has arrived.
Access the whitepaper at http://www.ubiquicoin.com/assets/whitepaper.pdf
Ubiquicoin is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
For the original news story, please visit https://pressreleasejet.com/news/ubiquicoin-names-schneider-securities-ltd-as-the-providers-of-ico-financial-guarantee.html.
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