Cryptocurrencies have collectively lost more than a trillion dollars in value since peaking at about $3.2T last year and some shareholders are asking us if this loss affects the value of our Unicoin. We can only reiterate that we launched Unicoin as a cryptocurrency designed to take market share from the highly volatile cryptocurrencies which have no underlying assets and/or pay no dividends to their holders. Despite periodic plunges, the cryptocurrency market has been growing fast and we expect it to grow to at least $18T = 20% of the combined fiat currency valuation. If we succeed in turning Unicoin into a major crypto brand valued at $1T, those who purchase unicoins at 10¢/ú in our current round would enjoy a 40,000% ROI.
Obviously, it's not an overnight process and the success is never guaranteed, but we are pleased with the progress we've made during the first three months since launching Unicoin on February 11 of this year.
We are getting many questions about the Bitcoin meltdown, so we are sharing with you the related interview of Moe Vela, one of the five members of our Board of Directors: