UFM: The Tribe Token That Nobody is Talking About

in #upfundme2 years ago

Why UFM is a Good Investment Token

I want to talk about a tribe that's not talked about enough in my opinion. That's the tribe https://upfund.me It's so easy for a tribe like this to be overlooked, but that would be a huge mistake. There are some incredible strengths in the upfund.me tribe that people may be unaware of.

Disclaimer: I am not a financial advisor, please use caution when investing. Do your own research and make wise decisions. UFM was developed by @taskmaster and other than being an investor and enthusiast, I am not affiliated with upfund.me. I will however gladly accept ridiculously huge UFM donations.

#1 UFM is Really Really Really Inexpensive

Like el-cheapo, bargain basement prices. Fire-sale, everything must go, buy buy buy.


Prices may have changed from the time of this writing.

What a bargain! This coin is very useful, but yet there are many sellers and only a few buyers. It wouldn't take an unreasonable amount of STEEM to build up a huge stake and become a UFM influencer.

You could pick up a nice 2700 UFM Stake for about $8.00. Yes, only $8.00.

#2 Exchange Your UFM for an Upvote!

Essentially, you can convert your UFM into a 100% upvote from the @ufmbot. The bot has a nice delegation of around 8K SP, resulting in about a $0.16 upvote. Just send 25 UFM ($0.058) to the bot with the URL in the memo field and receive a nice vote on your post. You must wait at least 15 minutes from posting.

https://steemworld.org/@ufmbot

So in short, $0.058 USD to the bot results in about $0.08 after curation resulting in 138% profit.

#3 Get a Nice UFM Refund For Using @ufmbot

But that's not all! @ufmbot has UFM staked, so you get a REFUND at payout!!! You send 25 UFM for an upvote and receive an upfund.me vote of about 13 UFM. When the post pays out, after curation, you get 6.5 UFM back again! How cool is that! That's a 26% refund!

#4 The Mysterious !UFM Command

There are an increasing number of tribes that offer tipping bots, where you deposit token that can be tipped by using the comments.

!UFM is way better.

Once you have staked 5000 UFM in your account, once per day you can summon the @ufm.pay bot. This friendly bot will allow you to reward a fellow steemian with FIVE UFM ($0.012 USD) at no cost to you. It's truely a GIFT!

Not only that, the bot will upvote YOUR comment and reward you with a UFM (after curation) once the post pays out.

#5 UFM Has Become Scarce... the 3.4 MILLION UFM MEGABURN!

One of the most amazing features of upfund.me is the megaburn. For a token that only has about 900K in circulation, burning UFM by the millions is simply amazing. Basically, 80% of circulated UFM has been incinerated!

UFM has not reached it's true value... yet. One of the biggest whales on upfund.me is @null. Null just gobbled up 3,408,845.65909120 UFM. Currently that's about $8000 worth of UFM. But imagine it's value someday when UFM becomes worth upwards of 0.10 STEEM each or if STEEM comes back in value. This 3.4 million UFM burn will be looked at with awe.

The Potential Ramifications of Removing A Large Amount of Token

Imagine it's September, 2010. Bitcoin was at $0.09 and plummeted down to $0.05 loosing almost half it's value. A disillusioned trader says there's too much bitcoin and no one is buying. He decides to sell off 160K bitcoin ($8000) to create scarcity and improve it's value. Fast forward seven years to December 2017 when Bitcoin reached almost $20K. He has sold the equivalent of $3,120,000,000.00 worth of Bitcoin for a measly $8K.

My point is someday, we may look back at this 3.4M burn with absolute shock. Say seven years from now, UFM has become 1.25 STEEM each and STEEM has hit the moon at $180.00. (Am I dreaming? No, I'm not dreaming. Bitcoin was really $0.05 once) In that scenario, this 3.4M burn would be worth $765 Billion dollars. Crazy? Seems like it now, but oh how times can change.

Conclusion

If this is your first time hearing about UFM or upfund.me as a tribe, congratulations. You now know about one of the most underrated tokens on the STEEM blockchain. You have a chance to become a UFM stakeholder and get in early before everyone else does.

You can invest in UFM from trading STEEMP for UFM on steem-engine.com

UFM = 0.01460 STEEM


Benjamin Turner: God fearer. Rooted in Messiah. Husband of @lturner. Father of four wonderful children. The guy behind the camera. Steemit enthusiast.

Bless the Most High!

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Yep UFM is awesome and atm very cheap to get.
There are also the miners who produce UFM daily and without complaining, they are workers as you would like them to be.

After writing this post you deserve a !BEER and !UFM aaaand $trdo

Thank you! I like the miners because they don't cause any drama!

!dramatoken

Du erhieltest aufgrund deiner LanaCharleenToken Miner ein Upvote von @sebescen81 alt-Text
Vielen lieben Dank für euren Support. Der Account meiner Tochter wächst und gedeiht.

Congratulations @dera123, you are successfuly trended the post that shared by @ironshield!
@ironshield got 6 TRDO & @dera123 got 4 TRDO!

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site


Such drama, you've earned a DRAMA!

To view or trade DRAMA go to steem-engine.com.

What an awesome write up about UFM tribe!
I completely agree with you that UFM is highly undervalued at the moment.

Here is a small gift for you. Hope it will get priceless one day!!! !UFM

Thank you for the gift! Yes some day these UFM may be worth 0.001 STEEM (once steem is $100).

!UFM 5
Nicely written. You hit the best reasons why UFM is a no brainer.

Posted using Partiko Android

I will be adding to UFM based on your post. Thanks for sharing the information.

Posted using Partiko Android

I'm so happy to hear this! If you stake 250 UFM and screenshot it to @upfundme he'll give you a UBI for free!
https://www.upfund.me/contest/@upfundme/ufm-power-up-contest-2

Thanks for the link about the contest.

Posted using Partiko Android

This is a fantastic article, have a mega upvote from me:)

Thank you for your mega upvote! I appreciate your support!

It really IS a great token and tribe, and I hope it gets more exposure as word gets around... this is an awesome article and explanation! I think one of the things that needs to happen (although it's expensive) is that the UFM token needs to become registered/listed with SteemPeak, so it becomes an automatic tag.

Bright Blessings!

I really enjoy promoting the "little guys" because if they have merit, they don't stay little for long.

Thank you for supporting @CatsMakeKittens by being a part of our community @ironshield.

Each CATS you purchase gets you daily upvotes from me @CatScientist as our community grows so do your rewards for being a member!

You have received UFM in your wallet!
1
You can use UFM for posting and curating content on https://upfund.me or to get a vote from @ufmbot.

My opinion may be biased ATM, but this is the best post on STEEM right now.

Your opinion? Or a fact based on evidence?

A little of column A, a little of column B

Hi @ironshield!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.397 which ranks you at #2484 across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 118 contributions, your post is ranked at #103.

Evaluation of your UA score:
  • Some people are already following you, keep going!
  • Try to show your post to more followers, for example via networking on our discord!
  • Try to work on user engagement: the more people that interact with you via the comments, the higher your UA score!

Feel free to join our @steem-ua Discord server

yes, UFM is very good,

Nice article and explanation! I just made my first post using the tag (and the upfundme front end) and I am surprised it's not better known. Maybe people think it's still the old #upfundme tag that was active some time back... and ended up getting rather spammy. Anyway, I am hoping this new version does well!

You have received UFM in your wallet!
1
You can use UFM for posting and curating content on https://upfund.me or to get a vote from @ufmbot.

You have received UFM in your wallet!
1
You can use UFM for posting and curating content on https://upfund.me or to get a vote from @ufmbot.

Hat tip to @ironshield for explaining this so well! Well done, sir.

Thanks for this post now I have a better idea how it works appreciate this post