Uniregistry removes TopCoin

TopCoin

Say goodbye to TopCoin as Uniregistry (now Uni) removes TopCoin from its platform in 2019.

Starting January 1st, 2019 Uniregistry will no longer issue TopCoin as a reward currency. Existing TopCoin owners will have until March 31st, 2019 to redeem their TopCoins with Uni. At least this is what Uni said as I have never used a single Topcoin in any way.

Uniregistry send out an email today saying that the reason for this “was largely based on customer feedback and our desire to focus on in-house products and offerings.” and that the decision to discontinue TopCoin did not come easily.

Yeah OK, whatever you say. We would like the truth for once and not some PR bullshit.

Customer feedback was never good on TopCoin. It was always useless and it remains useless.

10 days ago I wrote an article on why I have now completely left Uniregistry. Towards the end of the article I mentioned that the TopCoin partnership (among others) was one of the reasons that I completely lost trust to Uniregistry. The more I learned about who was in charge of TopCoin and what was happening inside the “company” the more I thought that Uniregistry’s support to this “thing” called TopCoin was questionable. Questionable at first… Then I just thought that anyone that supports or gives a dime to this Topcoin thing is a simply an idiot or is looking for idiots.

Read here about the Topcoin CEO George Minardos before you invest in the ICO

Topcoin sale has started – Anybody that buys TopCoin is simply an idiot.

The TopCoin website has not been updated for a year now:

A few months before that most of the TopCoin team was removed from the About page that was left with just 5 people including Frank Schilling:

I know what happened there but I don’t have permission to share what I know yet. I hope I have permission one day.

On January 2018, George Minardos wrote a post called “TDE Sale Cancellation Notice”. That was the last Topcoin blog post.

On June 18 2018 someone left a comment on that last post asking “Is this coin dead?”.

George replied on July 26: “No it is still live and working on uniregistry.com. We’ve decided to delay any TDE. Thanks for your question. George”

I guess TopCoin is officially dead now.

Here is the complete email from Uniregistry from today:

“Redeem your TopCoin before March 31st, 2019”
“Dear Customer,
We are taking steps to remove TopCoin from our platform.

The decision to discontinue TopCoin did not come easily and was largely based on customer feedback and our desire to focus on in-house products and offerings.

Starting January 1st, 2019 we will no longer issue TopCoin as a reward currency.

Existing TopCoin owners will have until March 31st, 2019 to redeem their TopCoins with Uni and access their TopCoin account balance with us.

TopCoin will still be redeemable through approved TopCoin merchants. Please visit topcoin.com for more information.”

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About Konstantinos Zournas

Konstantinos studied Computer Engineering and Computer Science in London and lives in Athens, Greece. He loves domains and building websites. He is online since 1995, learned about html in 1996 and got into domains in 2002. He started the OnlineDomain.com blog in 2012.

7 comments

  1. No different than everyone collecting air miles and on a whim the company taking away your points unless you use them. I cannot understand why people chose to collect points or rewards that ties them to a single company. Anything that happens to this company and your rewards disappear.

    As a for instance I only use credit cards that offer a cash reward or points that can be redeemed as a statement credit and my current card of choice gives 2% cash back which can be converted into a statement credit anytime I decide to do so.

    Smart rewards are rewards that can be cashed and used at an instant if required. Anything that ties you to an artificial currency, a business, or a product is inferior by comparisons.

    Combine that with being tied to UniRegistry and their track record of changing things on the fly and you have the utmost in volatility.

    UNI…. hmmm poor choice, they should left it UniRegistry because it says what it is and then name the current holding company UNI or something so that they have UNI at the top then UniRegistry, UniHosting, or anything else they wanted to branch into. (My opinion on that)

  2. I don’t like they sent out the email at midnight on Friday night, Donald Trump kind of PR!

    Can you transfer them out to a wallet, what are they good for? I can’t buy anything with them, I can’t get discounts? Are they going to get them back, I will give all my topcoins for topcoins.com please!

  3. Wasn’t Topcoin an experiment to begin with? I thought that was what Frank said in the beginning, could be remembering it wrong.

    I was never able to actually use them though on the site or maybe don’t know how. If I try to enter any to redeem it always says “Max rebate already applied”. Am I doing something wrong?

    • It works for certain things. When I renewed some .sexy domains it brought the price down by $4.04 for each domain, plus I got $10 off the $50 fee for renewing a .sexy domain over 40 days past expiration.

      • Konstantinos Zournas

        It doesn’t work if you already have the lowest prices.
        .sexy??? Why? And paying a $40 fee to renew it? Just let it drop and register it again.
        And .sexy is a uniregistry extension. It doesn’t cost them anything to give you discounts.

  4. “I know what happened there but I don’t have permission to share what I know yet. I hope I have permission one day.”

    Permission granted. Now spill the beans.

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