UMBRELLA COIN

If you've read our whitepaper, you know that we are doing this project as a way to lessen the impact of hidden insurance costs on the policyholder. We're also prioritizing paying back unused benefit seeding funds, while still providing payouts if certain waiting periods are met and the community approves your request. We're staying away from calling this full blown insurance because:

*The industry is highly regulated and varies country to country. This makes it harder to standardize our offerings.

*The legal ramifications of the above.

Community involvement is the cornerstone of UMC

If you follow the news in the USA, you know that health care is a hot button topic here. What should be covered? Who should pay for it? How can we get costs lower? It's a very partisan issue and very little is being agreed on. I was at dinner tonight with a friend. We both work for Microsoft and get very good health insurance (by USA standards) but, as you can imagine, some things are not covered or require an up-front payment before insurance will cover anything. His knee is bothering him from weightlifting, but he's reluctant to go to the doctor just to avoid the cost. That's not why insurance exists - for you to try to avoid using it. It's the same thing as trying to avoid making a claim after a car crash to avoid your premiums from rising. At this point, why do you have insurance? Is it there to serve you, or the insurance company? Sadly, the answer is leaning more and more towards the latter, all over the world for all different types of insurance. The scenario my friend is in is exactly what Umbrella Coin was made for. Do not be held hostage.

This is really going to be insurance by the people, for the people. Float management is ultimately up to them. Our team is actively managing how to avoid the fund depletion for the initial release, and we will probably continue tweaking the system / algorithm until a nice equilibrium is reached, but we do not control payouts. We have our vision of how it is used, but it is the ultimately used is up to the people. And that is the beauty of democracy and "insurance." We let you ultimately decide what is and is not important enough to cover / reimburse. Just know that your peers will judge your requests the same way you judge theirs. With Umbrella Coin, we're going to provide "coverage." And we're excited to see where the community drives this.

UMC defiles that approach and gives you a protected wealth and also raises money metrics to keep you protected during difficult times. This is done on the UMC framework by utilizing blockchain technology in enabling distributed frameworks and networks achieving trust in the same way. This is done very much with cryptographic encryption of funds transfer without the possibility of interference from third parties. It was designed and has been built by a team of two (2) decades using the blockchain paradigm to bring hope and smile.

Plan a unique insurance mission through the availability of coins in the events of everyday life. Our platforms and frameworks are beautifully designed and built on UMC networks that define and record the amount of disrupted benefit payments. This is a floating pool. This means that UMC helps you to invest and see your wealth grow from and into a wealth of wealth hovering metrics. Broad UMC claims and benefits. Furthermore, making financial and burden problems is a thing of the past as they intervene to help all time. This includes helping you through different types of deductibles, co-pays and co-insurances. In addition each claim is paid out of all existing buoys and essentially creates ease in the face of financial constraints or difficulties as is the case. Furthermore, exclusive executive steps and steps are guided, Implemented and taken to reduce and enhance the convenience of maximum safety coin holders when maturity is reached, maximum payouts occur and all voting on false claims is resolved. As such, it complements the unique coin holders of their investment and profits. This creates a unique peace of mind for investors and coin holders. This means that in times of crisis and excitement, investors and coin holders have a place to return to with the added advantage of holding the continuous wealth, sequences, metrics, and paradigms of the UMC buoy. This marks UMC's unique value essence with the interest and compounded velocity on arrival emergency. It also implies that the order of the UMC buoy will greatly help you overcome financial difficulties, crises or emergencies.

Emergency handling frameworks, sequences and variants are uniquely determined and depend on structures that are internally defined by the UMC team and uniquely approved by partners (investors) as well. This is because at UMC, creating a benefit package ultimately means building floating or flat networks built over the network to grow in a proportional value geometry and adding a unique set of funds to payments whenever considered by shareholders and joint partners. This significant payment is increasing in UMC network and its structure is growing exclusively. As a result, the benefit package regulation ultimately allows coin holders to benefit from making claims. This means that every time a claim is made, the claim is paid through the UMC network in a floating state. Country is defined by the UMC network team. The team at UMC has created this framework to build next generation patterns and models for general risk management and rewards. Furthermore, to determine this claim, claims of disposal and income claims are more invested according to the property (Real Estate) of casual and life / health premiums through disbursement of costs to policyholders. Thus, UMC opportunities and frameworks are used to empower and assist individuals with financial redemption. This is the goal of UMC, unlike other traditional companies that take from you and are only interested in your money. UMC defiles that approach and provides you with protected wealth as well as growing cash metrics to keep you protected during difficult times. This is done on the UMC framework by utilizing blockchain technology in enabling distributed frameworks and networks achieving trust in the same way. This is done very much with cryptographic encryption of funds transfer without the possibility of interference from third parties. It was designed and has been built by a team of two (2) decades using the blockchain paradigm to bring hope and smile.

ABOUT UMC ICO

* Crowdfund Start Date: August 20, 2017 12:00 UTC
* Crowdfund End Date: October 20, 2017 12:00 UTC
* UMC Token Issuance: 100 000 000 Token
* Exchange rate: 600 UMC = 1 ETH.
* Minimum transaction amount: 60 UMC (0.1 ETH)
* Maximum transaction amount: 1 800 000 UMC (3 000 ETH)
* Bonus: for the first 5000 ETH raised, 100% bonus will be given
* Bounty: 1 200 000 Token (1.2% of issuance)
* Total sales goals: 100 000 ETH
* Minimum sales goal: 5,000 ETH Token
* distribution rules 68.8% (68 million tokens) will be available to participants
* 20% (20 million tokens) will be allocated to UMC trust and will be used to build the initial float     pool.
* 10% (10 million tokens) will be distributed among team members.
* All funds collected must be received and stored in the wallet with multi signature.

The benefits you can get if you invest here are:

1. Health insurance, money insurance coverage, and other benefits in accordance with the benefits of insurance.
2. Make a policy every policyholder will feel safe and comfortable when there is something, so you should always think about it.
3. Umbrella Coin simplifies the process in the insurance sector for policyholders.
4. Policies board guaranteed security.

UMC ROADMAP

information:

Website: https: //www.umbrellacoin.org/
facebook: https://www.facebook.com/umbrellacoin/
twitter: https://twitter.com/umbrellacoin
Reddit: https://www.reddit.com/r/UmbrellaCoin/

Bitcointalk (iyanfoursix46) : https://bitcointalk.org/index.php?action=profile;u=1061980