The economy of tomorrow will be tokenized. Blockchain-based tokens will represent fungi-ble assets, utilities for decentralized applications (dApps, and tradeable value of all types.) The use of tokens will be inefficient and ordinary people will have many tokens and transactin avariety of digital currencies.
The integral component of any sustainable econ-omy is safe method of storing value while the value of money is the value. The time value of money is the idea that a given amount of value is the present This is the core principle behind paying interest on fiat savings accounts and the same principle will eventually apply to tokens.
Solution offered
TOKEN UNION is creating a solution for the cryptocurrency users to earn the time value of the cryptocurrency. The process is quite simple on the platform. People can register on the platform and enter into the holding contract. It is a smart contract on the ethereum blockchain. The contract provides the terms and conditions for holding your crypto assets on the platform. The users are paid rewards and tokens for holding their tokens for the longer duration with the option of withdrawing early.5% of the total value of the held tokens are charged as withdrawal fees on the platform. The rewards are distributed to the users of the platform as soon as someone withdraws from the platform. UNI is the utility token on the platform offering many services for the users and investors. The team is working on the BANCOR network for the automatic conversion of the UNI Token into any other token on the platform.
Project features and main tasks
Tokenunion is a decentralized application in which you can become the holder of such crypto-currencies as Ether or ERC20. The scheme of rewards is clearly thought out in the system. According to the developers, each token holder will be able to receive benefits regularly.
The platform provides an opportunity for everyone to buy, store and manage tokens. Users will be able to:
• earn rewards, receive rewards: users send tokens to their contract holder, then earn rewards in a similar value; remuneration is transferred to the customer's account automatically, it is enough to be registered in the system;
• receive interest (fully automatic distribution of rewards-rewards are automatically distributed: in order to store tokens in the holding contract, the user must first agree with the terms of the contract and pay a statistical fee, after receiving the payment prescribed by the contract, the smart contract automatically distributes a certain amount specified in the contract) between all network members);
• receive remuneration in the same coins as in the holding contract: remunerations are converted into similar tokens held by users in their Bancor-based contract (funds are deposited back into the user's holding contract, while its base position size increases);
• interact with other participants in a fully transparent and fair manner.
A decentralized system allows everyone to work with benefits, while building relationships based on trust and transparency. Tokenunion does not work in a centralized system, which makes it more fair. Thanks to the independent functioning of this system, the blockade has more prospects. It will work on specified and written conditions in the code as long as the Etherium exists.
Operating principle:
- The user deploys his holding contract in the blockroom on the Etherium via the Tokenunion web interface and sends Ether or ERC20 tokens for further use.
- To return them, the user must send UNI tokens in his holding contract. After he receives the funds for his purse, and the payment is received by DAO for further distribution.
- Redistribution. UNI tokens are spent in the purse and distributed proportionally in the Tokenunion network.
- UNI tokens are immediately converted to tokens, which are supported by the Tokenunion platform (based on Bancor).
Advantages of the new platform
The main advantages of Tokenunion include:
• high quality of development;
• the ability to view the holding contract in real time via a web or mobile application;
• the possibility of using innovative crypto-software with maximum capabilities;
• compatibility with modern devices;
• ensuring transparent and fair interaction between participants;
• benefit for each user (a percentage is obtained by all coin holders);
• 100% security (all payments are protected from scams, hacker attacks and virus threats);
• an equitable remuneration system;
• User-friendly and intuitive interface;
• Instant transactions.
ICO INFORMATION AND TEAM
UNI Token Presale is currently live on the platform. People can register on the platform. The team working on the project is experienced and committed. They believe that power of blockchain technology will revolutionize the next generation of business.
Conclusion
The platform offers rewards for storing the crypto assets, and in a way, it has given us the opportunity to earn while holding our tokens. Autonomous distribution of the rewards will take place on the platform. Utilizing the blockchain technology, they have created a simple and transparent application for the cryptocurrency users. Web app and mobile app are available for the users of the platform for monitoring their assets growth. Are we ready to store our tokens on the platform?
Website - http://tokenunion.io/
Whitepaper - https://docsend.com/view/hj4tdrk
Telegram - https://t.me/tokenunion
Published By:bheem0
bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1130931
bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1130931
No comments:
Post a Comment