Cuprum Coin News

Dear users & fans of Cuprum Coin,

As we did the recap for 2022, even though 2023 is not over yet, a few days before New Year 2024, we want to look back on this year and what we have done, what obstacles we have overcome and how far we have come.

It is clear to us that the majority of users are most interested in when we will return to the market, but we believe that with all the concrete steps we have taken, we can achieve what everyone really wants, which is a good and realistic CUC price. We are sure that everyone who bought CUC was exclusively interested in making a profit, because that is the basis of every investment, and through 2022/2023 it was not possible to achieve that.

We are aware that through 2023, as well as the year before, CUC could not achieve a good price for many reasons, primarily due to the weak exchange on which we were listed, but also due to many important changes that we had, which created difficulties for us. So we decided to take really big steps and decided to change literally the core of the whole project, because we felt that CUC lacked trust the most.

So, let’s start with the changes we made in order:

• 1) In February, we decided to create a project for our Cuprum Coin Exchange, ie. CUCeX, and we have prepared a platform project that we can launch within 30-45 days if we decide to take that step.
• 2) At the beginning of April, we terminated the contract with the intermediary of the CUCs underyling asset, who cheated us with security storage bills.
• 3) In the middle of May, we made a decision to migrate CUC from the native chain fork of Tezos, to BNB Chain.
• 4) On May 23, we announced the cooperation with Meteor Minerals Group, the producer of our underlying asset in the most expensive version, high purity nano copper powder.
• 5) On the same day, May 23, we published a completely new Whitepaper and ECO system of CUC.
• 6) On June 2, we published a completely new “proof of assets” document with all the details of our underlying asset.
• 7) On June 6, we introduced new members of the Cuprum Coin team, which includes international businessmens, a production team with professors/scientists, brokers, as well as lawyers.
• 8) On June 13, we announced the creation of the CUC BEP20 token and deployed the same on the BNB MainNet.
• 9) On June 16, we published a new “legal opinion” document.
• 10) On July 22, we announced that Cuprum Coin was moving operations to the Dubai DMCC, and in August our CEO Mario and the team member Wilco met DMCC team in Dubai on two occasions to agree all the details and the process.
• 11) On August 3, the migration of the Tezos CUC fork to BNB chain and CUC BEP20 started, and we published a detailed procedure. At the same time, due to the migration process, we paused the trading CUC/USDT on the WhiteBIT exchange.
• 12) During August, we agreed on a potential listing of CUC on the MEXC and Bitmart exchanges, as well as got in touch regarding a potential listing of CUC with the Gate.io and Bitget exchanges.
• 13) On October 3, we sent an application to VARA Dubai, with a request for the classification of Cuprum Coin, and the desire for regulation and a license, and on December 13, we received a response with the desire of the VARA team to continue the procedure.
• 14) During October/November, we again sent applications for listing CUC to top crypto exchanges; Binance, Bybit, OKX, Kraken, Crypto.com. We wrote about it in our Telegram Group.
• 15) During December, we sent applications to the largest VC funds; Binance Labs, Suparstate, CMT Digital, Foresight Ventures, Spartan, Hashkey Capital, Orange DAO, Shima Capital, OKX Ventures… We wrote about it in our Telegram Group.

Although it sometimes seems that Cuprum Coin does not move from its place, we believe that this list of news that we carried out specifically during 2023 confirms how and how much work is being done on the project, just to reach the level of perfection. A lot of capital was invested in Cuprum Coin from the very beginning, and we can freely say that it is more than 1,8 million USD invested exclusively in the development and creation of CUC from the very beginning. We want to point out that we are one of the very rare projects that still has 100% ownership of the project and that we have no investments from VC funds so far. We feel this gives us a big advantage over other projects as we show that we are capable of taking our token to a big level without their help. However, we also feel that now is the time to find one of them who will help us properly place CUC on the world’s largest crypto exchanges.

We are sure that our efforts in the past 2 and a half years will show the results that we all expect so much in 2024, which is that CUC will finally be recognized by real exchanges as RWA token, which it definitely is. Even in this week, we have many online meetings with very important teams, regardless of the fact that it is a holiday for many, and immediately at the beginning of 2024 we also have personal meetings that could be of great importance for our CUC.

We will not mention too much what problems we had in the past 2 and a half years, and you believe us when we say that they were so big, huge, that 99% of projects would fail with them. But we are not giving up our CUC, the unique cryptocurrency and we will succeed with it. That is our mission and we are committed to that goal 100%.

We wish you all happy holidays, with the wish that 2024 will be a highly profitable year to all with our CUC.

CUPRUM COIN team