Upstake Token Review - What Is Upstake?
Upstake Token - What Is It?
Upstake token is an Investment Opportunity token, hoping to the problem of failed investment systems we have seen in Crypto past. Their unique system utilizes burning of tokens to increase price. There is only going to be 5 Million total tokens to start with. Let me say this: This isn't a get rich scheme or overnight money making opportunity. If investors purchase and hold long term, there are potentially exceptional results on their ROI.
Each time a sell transaction takes place, a 3% fee is placed. 1% is burned forever, 1% goes to the referrer, 1% goes to Administration.
Another factor that differentiates this token from every other token, is the fixed price. Each hour price increases, the internal exchange resets and orders are placed and filled on a first come first serve basis. This prevents everyone in the system from selling all at once. If you miss out, there's always the next hour. Upstake has future prices on their website: https://Upstake.us
How Much Is One UPS Token Worth? How Much Can I Make?
As of 7/14/2018, the price of Upstake is $2.72 per coin. However, there's still a runout sale going on where you can pick up Upstake Token for $0.50 each. As soon as soft cap is reached, the exchange will open and the price will lock in. That's an automatic 5x ROI when the exchange opens. But there's also huge incentive to HODL this coin. In December 2020, this coin will be worth $2,511 each. For example, if you purchase $300 of UPS during the ICO phase, that's 600 tokens. 600*2,511=$1,506,600!
Personally, Iv'e invested enough to receive 620.397 UPS tokens, which is valued at $1,686.00 USD. Join or not, the choice is yours!
I'll be back with more ICO reviews and Airdrop Giveaway reviews!
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