Despite the disruption caused by blockchain technology, cryptocurrency is still facing plenty of challenges concerning adoption and possible legal restrictions. Again, this has not slowed down the increasing use of different cryptocurrency models all offering different possibilities.
UCoin is an example of a cryptocurrency giving users capabilities beyond the typical notion of blockchain transactions and exchange. Here a rundown of what the project behind the ICO promises for its potential investors and users.
UCoin is a global cryptocurrency on the verge of combining blockchain technology with real-world physical assets as a means of secure investment. The UCoin cryptocurrency will enable the token holders to benefit from an expanding cryptocurrency market, by allowing them to preserve the value of their coins over time. The token will also premier a platform that will facilitate the crypto investments, savings, daily payments and trading in a seamless manner.
UCoin Asset-Backed Cryptocurrency For Payments Features
The UCoin token will be supported by a range of physical assets within UCOIN Trust, and this means it could promote the growth of UCOIN's value.
UCOIN platform is backed a real company and the Trust to enable it to continually invest in the global awareness and distribution of their currency's ecosystem.
UCoin is also tradable to third-party brokers and wallets. Additionally, the crypto-coin is available for trade in significant crypto exchange markets.
Using UCOIN's wallet provides users with the ability to make payments and deals with other individuals using different cryptocurrencies.
The UCoin Trust
The UCoin Trust will comprise of a diversified pool of physical assets that will help promote the liquidity and value of the platform's token. The Trust portal will be under the management of an independent administrator and a board of trustees who will maintain the public trust on behalf of the users.
How UCoin Can Revolutionize Global Crypto Adoption
Prompt Global Trade
UCOIN's comprehensive approach will enable cross-border payments for trading individuals without having to use banking institutions to facilitate the process.
Under blockchain, UCoin will enable users to invest, save and trade without experiencing the manipulation or control by third-party entities.
UCoin's ecosystem will give access to and integration of a smart contract system with a secure biometric mechanism to improve the transaction process and access to the wallets.
Trust And Credibility
The use of blockchain within UCoin brings the best of both worlds since the digital currency receives value support from real assets in the method.
UCoin Token ICO Details
Parameters Of The ICO
- Pre-Sale Date- April 30 till July 31, 2018
- ICO Sale Date– August 1, till August 31, 2018
- Token ticker- UCOIN
- Platform- Ethereum
- Type- ERC20
- Token supply- 5,000,000,000 UCOIN
- Available for sale- 500,000,000 UCOIN
- Price- 1 UCOIN= $1
- Accepts- BTC, ETH, Fiat (USD)
- Hard cap- $500,000,000
- UCoin Trust- 70%
- Marketing and promotions- 15%
- Operations and management- 10%
- Technological development and innovation- 5%
By all means, UCoin proves to be a legitimate ICO with clear documentation indicating the legitimacy of the company and team. However, it remains a challenge to get the token to achieve indeed what it set out to become since there is plenty of concepts bordering on UCoin's and this present a hurdle in the quality of the investment in the long run.