They will be distributing "vote" tokens to all UBQ holders on January 1st, 2018.
This is essentially an airdrop.
Apart from Strong technicals pointing to upside and an incentive for people to buy (airdrop). The more I research UBQ the stronger I feel about its long term efficacy.
This is from their blog post, [1]
"We’ve been advising a new exchange startup in Canada, Einstein Exchange. They are unique in that they’ve partnered with a major bank in Canada to allow a reliable on-ramp and storage of fiat currency. "
-- a fiat onramp exchange other than Coinbase and bitstamp is huge. Especially considering Einstein exchange offers twice as many cryptocurrencies than these leading exchanges.
These vote tokens don't hold value right?
"To restate past plans, we are not making any attempt to provide a marketplace of exchange for these tokens as that is not their purpose. These will be used to vote on proposals like spending of the NDF, marketing budget, readiness for network upgrades, and more."
pAulseperformance
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@CryptoTank, Good catch. I wasn't able to dive into the details so much, thanks for providing that info. I'd be a little more cautious now and set a stop loss to break even if you're in.
"To restate past plans, we are not making any attempt to provide a marketplace of exchange for these tokens as that is not their purpose. These will be used to vote on proposals like spending of the NDF, marketing budget, readiness for network upgrades, and more."