The Unsinkable Token (UNSK)

A hyper-deflationary Stellar utility token with fixed supply aimed at active day traders.

The first "Unsinkable" asset ever.

Extreme PBiP buyback program utilizing the Summon Buywall day trading game.

https://www.stellarx.com/markets/UNSK:GDCEJH75OOXHUQH2IA4SYVHNEYXN2N4FTAOUKUHN7GR3M4VFKNOH7LVH

Created and launched simultaneously with its pre-ICO asset, PICOUNSK

100% bonus, but vested (locked) and delivered via airdrop

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links for more info

Unsinkable
Roadmap
The Unsinkable ICO Standard (TUIS)
Unsinkable Telegram Chat

UNSK

No private sale. No bounty. Unable to trade below 99% ICO price.

Asset backed - every circulating token will always be redeemable for 99% ICO price via the SDEX buyback offer.

ICO Investors control 100% of UNSK circulating supply -

until market price goes up 20% or HODLers make buyback funds available.

Issuer can only sell company tokens above 120% ICO price, and only if

ICO price is deposited into the buyback account,

maintaining "Unsinkability"

Full details available in the UNSK White Paper

​​Current information for trading and ICO distribution can be viewed at

https://stellar.expert/explorer/public/account/GAZSYJLZMZW2ILZ5NGZV4RQKVKWQIT7RRAE6LRK7LYROAECUJRBVFDB3

​​

Team tokens are vested until one year after ICO end date with a minimum UNSK market price for unlock.

  • 50% - minimum UNSK market price - 150% ICO price - .05 XLM/UNSK

  • 50% - minimum UNSK market price - 210% ICO price - .07 XLM/UNSK

Pre-ICO airdrops (1:1 PICOUNSK-UNSK) will not occur until the vestment unlock requirements are met:

  • 50% - 3 months after ICO end - requires  200% ICO price - .0666666 XLM/UNSK market price

  • 50% - 6 months after ICO end - requires 120% ICO price - .04 XLM/UNSK market price

PICOUNSK "snapshot 1" holders will receive a 1:1 UNSK airdrop 6 months after UNSK ICO end if UNSK price is over 120% ICO price, sooner if UNSK hits 400% ICO price within 6 months of ICO end. PICOUNSK "snapshot 2" holders will receive a 1:1 UNSK airdrop when XLM/UNSK price hits 200% ICO price, minimum 3 months after UNSK ICO end.

PICOUNSK-UNSK Airdrop Details (link)

The Unsinkable Token (UNSK) Light Paper - Synopsis

 

Goals

prove the efficacy and security of TUIS, the HODL Wallet, and the Unsinkable SSC

create a day-trader friendly utility token with unrivaled information transparency

 

Why

To prove TUIS tokenomics can effectively crowdfund via ICO

To make crypto day-trading easier for beginners

 

How

Utility – Summon Buywall, HODL Wallet, Freelancer marketplace, HODL Chats, Content Voting, Pony Up, Unsinkable Exchange, Project X Platform

high reward/risk potential for XLM holders

ICO listings

Stellar Build Challenge/Partnership Program

Social Media/Video/Content/Viral Marketing

Ambassador Program

exchange listings

Bounty Program?

ICO Consultant?

Planned use of funds (alpha, subject to change):

  • 100% of funds raised in the UNSK ICO will be used for the "Unsinkable" UNSK buyback offering until the immutable HODL Wallet is available.

  • 60% of pre-ICO funds will go to development, the first $5,000 is already promised to our SSC dev.

 

Fund distributions are subject to change. These are my best estimates given my current understanding.

 

Pre-ICO (PICOUNSK) Fund Distribution

40% SSC dev

20% Web dev

20% Consulting (legal and/or ICO)

20% Exchange listings

 

Initial focus is on establishing UNSK SSC immutability and HODL Wallet functionality. Until these are completed the planned distribution of available funds from UNSK HODLers is as follows:

40% UNSK and HODL Wallet SSC development

20% Consulting (legal and/or ICO)

15% Unsinkable.io web development

15% Exchange Listings

10% Social media outreach/marketing/giveaways

 

After ICO, the first planned large sale of company UNSK tokens is at 199% ICO price to allow pre-ICO unlocks and stay “Unsinkable.” Enough company UNSK tokens will be sold to cover the pre-ICO token buybacks before the airdrop. With the 50/50 token distribution, if UNSK ICO investment is 50x greater than PICOUNSK ICO investment then a sale of 1% of total UNSK tokens – 10% of unlocked ops tokens can cover buyback of the first 1:1 PICOUNSK – UNSK airdrop at 2x ICO price. Some tokens may be sold at lower prices as needed to stimulate trade volume and raise funds for listings and HODL Wallet dev, but never below 120% ICO price - .03999996XLM/UNSK.

 

Fund distribution and usage will be transparent and subject to change as devs deem appropriate for the best interests of The Unsinkable Project and UNSK.

 

Once core functionality is completed, the focus will be on increasing token price through buyback and listings. Until Project X funding reaches $150,000, the planned distribution of available funds from HODLers is as follows:

50% Increase XLM/UNSK Buyback

  • 25% Summon Buywall (HODLers)

  • 25% Summon Buywall (Devs) and/or BTC buyback

15% Project X

10% Utility Apps Dev (Pony Up, Freelancer Marketplace, Unsinkable Exchange)

5% Unsinkable.io Web Development

5% Exchange Listings

5% Consulting (legal and/or ICO)

5% Social Media Outreach/Advertising/Giveaways

5% Experimental Capital (algo trading/swing trading/ICO flipping)

 

Increasing buyback, PBiP funds, and Summon Buywall will be focused on the highest trading volume UNSK pairs. If UNSK makes it on to centralized exchanges, this will likely be a BTC or ETH pair, instead of XLM.

 

If XLM/UNSK price gets above 200% ICO price and Project X is funded then distribution of HODLer funds and UNSK company token sale profits will likely shift to:

70% Increase UNSK Buyback

  • 25% Summon Buywall (HODLers)

  • 25% Summon Buywall (Devs)

  • 20% BTC buyback

5% Operational costs

5% Unsinkable.io Web Dev and/or Utility Apps Dev

5% Exchange Listings

5% Consulting (legal and/or ICO)

5% Social Media Outreach/Advertising/Giveaways

5% Experimental Capital (algo trading/swing trading/day trading/ICO flipping)

 

Once all planned features and apps for UNSK have been developed, distribution of HODLer funds and UNSK company token sale profits will likely head towards:

80% Increase UNSK Buyback

  • 30% BTC buyback

  • 25% Summon Buywall (HODLers)

  • 25% Summon Buywall (Devs)

10% Experimental Capital (algo trading/swing trading/day trading/ICO flipping)

5% Exchange Listings

3% Social Media Outreach/Advertising/Giveaways

1% Legal

1% Dev/Ops

More Info:

Technical Papers

This is an educational resource. I am not a financial advisor and this is not financial advice.

Investing in cryptocurrency is extremely risky. Do not invest more than you can afford to lose.

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