CuBitTM Air Drops
For anyone not aware, Air Drops occur when a cryptocurrency is deposited directly into your cryptocurrency wallet, with minimal actions on your part. You must accept the air drop, but you don’t have to give anything in return at that point. Air drops are very cost effective ways to distribute a lot of cryptocurrency to many wallets with very minimal expense.
During the Pre-Launch period all deposits are temporarily treated as donations. Every donor receives a receipt entitling them to receive a commensurate amount of CuBitTM . At the end of the Pre-Launch all CuBitTM donors will be contacted and their CuBitTM will be airdropped to their designated wallet.
After the Pre-Launch, the exchange will automatically exchange CuBitTM for deposits of ETH, DAI, or USDT. On the analog side, depositors wanting to deposit USD and receive CuBitTM will experience a delay of 3 to 5 business days for their deposit to clear. Once the deposit has cleared, they will be issued a receipt for their CuBitTM and instructions on how to have their CuBitTM air dropped into their cryptocurrency wallet.
Although the design of CuBit™ incorporates inherent protections against volatility and Universal Real Estate Wealth Protection Solutions, LLCTM (UREWPSTM, the Company) is committed to support the asset-based valuation of CuBit™, as with any currency there is nothing to prevent speculators from taking unforeseen actions which might cause the price of CuBit™ to vary without reference to the underlying value proposition. The Company cannot prevent and is not responsible for the actions or results of such speculative behaviors.
