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UMBRELLA origins thread ๐Ÿงต ๐Ÿ‘‡
Back in 2014 I had this idea to make orange #bitcoin umbrellas that would stand out in a sea of black ones. I needed an order of 600 for the first run and created 600 UMBRELLA for anyone else who wanted to join in the pre-order.
Counterparty $XCP was a project I was watching because it was adding more functionality to #bitcoin when everyone else was creating altcoins or drawing napkin sketches then making pre-Etherium ICOs.
Since I didn't have the startup funds to create a company solely around #bitcoin umbrellas I minted a token that represented a right-to-claim voucher for a physical umbrella. The price of the UMBRELLA token equalled 1/600th of the cost of the initial batch order.
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