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Unival (UNV) is a new Gold backed stablecoin.
This gold stablecoin can become the best stablecoin of the coming decade due to its fixed, stable value.
Unival is stable in value because at any point in time its price depends ONLY on the price of gold. Precisely, on 0.1 gram of 999.9 gold.
For EVERY unival in circulation, there is 0.1 gram of gold in third party vaults.
All unival stablecoins are backed 100% by gold reserves.
Unival is like tether stablecoin (USDT) but better because it is tied to real physical gold, not fiat currency.
So, if you think about it, unival is technically virtual gold.
Unival was launched by Karatbars International, an emerging leader of the crypto industry.
FAQ
What is a stablecoin?
Read the details on what is a stablecoin.
The price of unival stablecoin?
At any point in time the price of unival is equal to 0.1 gram of 999.9 gold.
For example, today 1 unival is 5.56 USD since June 12’s price of 999.9 gold is 55.63 USD per 1 gram.
Stablecoin vs cryptocurrency: Is unival a cryptocurrency?
Yes and no.
Yes because, like cryptocurrency, unival runs on the blockchain offering security and privacy of transactions.
No because, unlike cryptocurrency, which is subject to supply and demand and hence volatility, the value of 1 unival is constant and is equivalent to 0.1 gram of gold.
Where to buy unival?
To buy unival now, you need to be a customer or an affiliate of Karatbars.
Now, after unival goes on the blockchain and is public you will be able to buy it on any exchange it gets put on.
Unival: Redeem for gold. Earn residual income
Once unival goes on the blockchain (should be this month, June 2020) there will be two exciting opportunities for those who hold unival:
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Redeem your univals for physical gold via the new debit card
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Receive residual income on transactions involving every unival
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According to Karatbars, you should be able to follow each unival indefinitely and earn commissions on the transactions of every unival! Forever!
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Watch the unival residual income explained in the video below (presented by one of the most loved Karatbars affiliate, Nitsa Nakus).
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Main references
https://www.investopedia.com/terms/s/stablecoin.asp
https://cryptonews.com/coins/tether/
https://www.investopedia.com/terms/s/stablecoin.asp
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