UMC is an Ethereum-based token, the native currency in the Umbrella Coin, a benefits platform made in order to deal with the hidden costs of insurance.
UMC is built on the UMC network. The UMC network carries an unspecified amount of UMC to handle benefits payouts. This pool acts as float. Traditional insurance companies take money from premiums and immediately invest it. UMC allows you to own a stake in the network float and be involved in the payout process.
Token reserve split (31.2%) -
|Fund Raised (BTC)||1524.75 ETH|
|Fund Raised (USD)||447483.63|
|Start Price (USD)||0.0016667|
|Security Audit Company||N/A|
|ICO Legal Form||N/A|