They’ve shot themselves in the foot and will NEVER see adoption following their tokenomics this morning.
And it’s terrible.
“If they are not able to purchase UBT, because they do not know how to use IDEX or Liquid, we can explain to them how this works.”
This is a MASSIVE barrier to adoption. Good luck trying to tell corporate organisations to log onto idex to purchase UBT.
They basically admitted that they are unable or unwilling to build a back end solution for purchasing UBT with fiat... this is the only way corporations will ever interact with crypto. They want to pay in fiat, imagine a corporates risk management team signing off the purchase of digital tokens... come ON.
“If enterprises have questions they can join our telegram”
This isn’t a school project Ffs.
“Hey mr CEO and risk Director, just purchase ethereum off of Coinbase, set up two factor authentication to withdraw, set up a wallet, transfer these to a wallet, download metamask, open idex, import wallet, import Eth market buy UBT, withdraw UBT to wallet, send UBT to wallet xyz... sounds good yes?”
KEK
