Universa v Ripple | Table O Contents

The Universa environment can be compared to the Ripple ecosystem …

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Born First

Hint. Universa (UTN) and Ripple (XRP) are two crypto currencies. One was born at the end of 2017, the other conceived in 2013.

Although the two platforms (UTN) and (XRP) are similar in their pursuit of transactions to bind into blocks, subtle differences in their competing structures afford a closer look.

(XRP) was born first in the year #2013 and had a breakout year in #2017 forging ahead in price from less than 1 penny USD to over $2.00 USD by the end of #2017.

Caution. There are a triple-ton of (XRP) unleashed on the market with no other suspect reason than to provide speculative liquidity for those that wish to participate in the Internet of blockchains without writing a stitch of code.

In the process, both the old CEO of Ripple and the new CEO of ripple have reaped ginormous gains in wealth from their enormous holdings of (XRP) captured in the PRE-SALE market.

Do the Math

Still doing the math reveals an investment of $10,000 on January 1st, #2017 would have created a portfolio of one-million (1,000,000) XRP at a cost of 1 penny USD per coin, as follows:

$10,000 USD / $0.01 USD = 1,000,000 XRP

And, that’s another $2 million USD in market value at the close of $2017.

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More to come …

Note. The above synopsis was derived from an article written by Blank Author [1].

  1. A Narrative of Psychology by Blank Author, Jan #1999


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