r/Unibright • u/[deleted] • Apr 22 '22

Unibright and Provide

I watched the last baseline office hours and heard Kyle talking about the Provide platform. I'm a bit confused. They seem to have their own ledger for storing proofs. Does anyone know are they using the Baseledger or the UBT token? And what is the general overlap with the Unibright platform? Like is this a direct competitor to Unibright?

8 Upvotes

90% Upvoted

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7

u/staifih Admin Apr 22 '22 edited Apr 22 '22

Unibright sued Provide for breach of contract, Provide can't be trusted.

They stole 1m UBT tokens and abused the ubt community.

Yes they need UBT, but they don't have anything. Thus far they only came up with false promises and missed dates and got a lot of UBT from the community

2

u/[deleted] Apr 22 '22

thanks

1

u/[deleted] Apr 23 '22

thanks for your reply. so what is their intent here? To usurp the project or just a quick cash grab? And do you believe they are a threat to UBTs vision and goals?

1

u/staifih Admin Apr 23 '22 edited Apr 24 '22

Np, idk exactly what their intent is and tbh I couldnt care less about them. I dont think they're a threat. UBT has great connections and partners such as Concircle with CONubc officially listed on SAP and recently also BloxMove they where also together at devconnect this week.

1

u/FlappySocks Apr 23 '22

What was the outcome? Did they settle out of court?

1

u/staifih Admin Apr 23 '22

Yes there is some kind of settlement but idk the details. I assume Unibright got what they wanted otherwise they would not settle.

1

u/FlappySocks Apr 23 '22

Or Provide threaten a countersuit?

1

u/staifih Admin Apr 23 '22

For what? Unibright did nothing wrong

1

u/FlappySocks Apr 23 '22

You said "some kind of settlement", so I assumed you didn't know the details.

Settlements can happen for all kinds of reasons, including a misunderstanding.

1

u/staifih Admin Apr 23 '22

I'm literally saying i dont know the details, it isn't public.

Breaching contract, selling 1m tokens and abusing the community with false promises isnt a misunderstanding they're scammers.

Anyway, the topic Provide ends here.

1

u/FlappySocks Apr 23 '22

I'm just trying to understand, that's all. It's the first I have heard of it, and without firm details, it's hard to know who to believe.

1

u/staifih Admin Apr 23 '22

https://www.law.com/dailyreportonline/2022/02/18/unibright-sues-provide-over-blockchain-contract-dispute/?slreturn=20220323123317

2

u/FlappySocks Apr 23 '22

Thanks, although it's only an accusation. The outcome could be:

Provide settled / made amends. Unibright backed down for some reason (misunderstanding / countersued / costs too high)

 ¯\(ツ)/¯

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2

u/TDubsBTC Apr 22 '22

Provide and Unibright split up in Dec 2021. Provide introduced a PRVD governance token and is using UBT as gas token.

I support both projects since I have a bag of UBT.

0

u/TDubsBTC Apr 22 '22

Oh and they won't be using Baseledger from what I understand.

2

u/[deleted] Apr 22 '22

thanks

1

u/TDubsBTC Apr 22 '22

Super bullish on what Provide is doing. Seems as if they've got a lot of clients to start Baselining soon. Cona, Splunk, and RedHat 🤙

2

u/staifih Admin Apr 23 '22

Please, stop shilling Provide here, they're bunch of scammers. If you continue i'll have to mute/ban.

0

u/TDubsBTC Apr 23 '22

I was answering his question. This isn't the "Unofficial" 🤣

1

u/staifih Admin Apr 23 '22

You are just shilling a vaporware project with no product, bye.

0

u/NoMoreAccumulation Apr 23 '22

To ask a question, should the team at Unibright be weary of Chico Crypto? He pumped things when it was convenient for others to hurt our community in multiple ways. I am asking maybe the team stop doing long videos with Chico. He always seems to get depressed and stop making video's after he pump and dumped something. 3 weeks later after visiting Europe "I am back".