Welcome to the exciting CuBit™ Pre-Launch
The Pre-Launch Process to Acquire CuBit™
The figure below illustrates a simplified version of the CuBit™ pre-launch process to acquire CuBit™.
The CuBit™ Pre-Launch is your opportunity to be among the first to protect their wealth using CuBit™. The CuBit™ pre-launch period began with the minting of CuBit™. The pre-launch period ends when either of the following two conditions are met:
- CuBit™ deposits meet or exceed the equivalent of $15 million US dollars.
- A target end date is met
During the Pre-Launch Period
During the pre-launch period depositors can move their currency wealth from existing accounts to the CuBit™ Treasury using one of several methods (see below). Universal Real Estate Wealth Protection Solutions, LLC™ (UREWPS™, the Company) records the amount of the deposit and the associated email of the depositor as deposits occur. Before the end of the pre-launch period, the company contacts each depositor to obtain the address of the cryptocurrency wallet where they want their CuBit™ deposited.
Following the pre-sale process adds you to the CuBit™ VIP Depositors’ Whitelist.
Advance Notice of the End
The Company will notify you in advance of the scheduled deposit of CuBit™ into your wallet. The process of depositing cryptocurrency directly into a wallet is called an airdrop. For more on the CuBit™ airdrop process please follow this link. On the date of the airdrop, the Company will execute the transaction to deposit your CuBit™ into the cryptocurrency wallet you have previously indicated to us.
Pre-Launch Advantages
A pre-sale provides several advantages for you and for CuBit™.
- Compliance with US financial regulations
- Prevention of market manipulation for CuBit™ by price speculators
Pre-Launch Deposits Using US Dollars
Compliance
When you opened your bank account or credit card account, the relevant financial institution verified your identity and the sources of your funds. In financial terms this means they complied with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. When you use a credit card, certified check, or bank card to deposit US Dollars into CuBit™, by proxy, we fulfill our KYC and AML requirements through your financial institution.
Speculation Protection
The world of cryptocurrency is rife with pirates. The undisciplined way most cryptocurrencies have been designed and marketed plays right into the hands of people who want to manipulate prices so that they can buy at a low price and sell to you at a higher price.
By delaying initial the disbursement of CuBit™ we inhibit unscrupulous pirates from obtaining CuBit™ before others and then using phony monetary exchange strategies to make it appear the value of CuBit™ has plummeted so they can buy it from you at artificially depressed prices and then redeem it for full value from the Company.
Likewise, this initial restriction prevents them from artificially driving up the value of CuBit™ and selling it to you at an inflated price, leaving you to face the loss when the value of CuBit™ is clearly demonstrated in the CuBitDAO™ Asset Ledger (Ledger).
Pre-Launch Deposits Using Cryptocurrencies
For depositors using select cryptocurrencies the Company is establishing pre-sale exchanges where you can deposit your cryptocurrency. When you do that, you will be asked for contact information which will be used by the Company to guide you through an interaction with a third party KYC and AML verifier. When you pass the verification, your wallet address and email is added to the CuBit™ VIP Depositors Whitelist. The whitelist enables the airdrop. Using this third party to provide KYC and AML verification will require you to pay a fee. This ensures that all the financial and identity information you provide remains confidential. It is only retained by the third party. The Company only receives the information needed to ensure we can complete the airdrop.
Benefits of the Ledger
The Ledger provides one of the most important benefits of CuBit™. Updated monthly, the Ledger unequivocally demonstrates the actual value of CuBit™. Additionally, the Ledger is periodically audited by a trusted, outside company to validate its accuracy and valuation. It shows the true market value of CuBit™ For more on the Ledger, please use this link.
Conclusion
Thank you for your interest in protecting your wealth with CuBit™, the world’s first virtual currency backed by the value of real estate. We have gone to great lengths to deliver to you an unrivaled opportunity to keep your wealth safe from inflation and volatility. Please be sure to tell all your friends about how we have helped you.
CuBit™ incorporates inherent protections against volatility and Universal Real Estate Wealth Protection Solutions, LLC™ (UREWPS™, the Company) is committed to supporting 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.
