Umoja logo
WebsitePAID Launchpad

Umoja (UMJA)

IDO

Umoja is an asset-hedging protocol that automates minimizing cryptocurrency exposure risk, enabling anyone to protect themselves from market losses.

Funding Round: $1.5M

Funding Round: N/A

Funding Round: $2M

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Overview

Project industryOther
Product typeProtocol
WhitepaperUmoja White Paper Open

What is Umoja

Umoja Labs builds Web3 banking infrastructure for international payments and FX risk management.

With Umoja, user can rely on:

  • Unbeatable Pricing
  • Simple Protection Process
  • Opt-Out Flexibility
  • Low Counterparty Risk

Built by alumni from Goldman Sachs, CosenSys, Plaid, and Amazon, Umoja's vision is to enable anyone to hedge the risk of any asset, affordably protecting retail, sophisticated, and enterprise investors from market losses.

Details

IDO (PAID Launchpad): May 15, 2024 - May 17, 2024
Token supply: 1,000,000,000 UMJA
Total tokens for sale: 50,000,000 UMJA
Raised: 3,500,000 USD

Legal

Blockchain Platform: Ethereum
Country limitations: Belarus, Democratic Republic of the Congo, Côte d'Ivoire, Cuba, Islamic Republic of Iran, Iraq, Democratic People’s Republic of Korea, Liberia, Myanmar, Sudan, Syrian Arab Republic, United States of America, Bolivarian Republic of Venezuela, Zimbabwe
Registration country: United States
Registration year: 2024
Office address: 1721 Broadway, Oakland, California 94612, US

Token info

Ticker: UMJA
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 UMJA = 0.2 USD
Token distribution:
20% - Core Team
4% - Partnerships
5% - Community
15% - Investors
20% - Protocol Treasury
15% - Staking Incentives
21% - Insurance Pool

Umoja Roadmap

1
Alpha Version - Q4 2023
  • Core Feature: Customizable CeFi Loss Coverage
  • Asset Coverage: BTC, ETH
2
Beta Version - Q1 2024
  • Core Feature: Standardized CeFi Term & Perpetual Loss Coverage
  • Asset Coverage: BTC, ETH, SNX, AVAX, OP, WBTC/ETH (Strangle), DAI/ETH (Strangle), Others to be announced
3
Version I - Q2 2024
  • Core Feature: DeFi Term/Perp Options
  • Asset Coverage: Major Cryptocurrency Markets & Select Fiat & RWA Markets
4
Version II - Q3 2024
  • Core Feature: Standardized CeFi & DeFi Term, Perpetual, & Dynamic Loss Coverage
  • Asset Coverage: BTC, ETH, SNX, AVAX, OP, WBTC/ETH (Strangle), DAI/ETH (Strangle), Higher-Volume Tokenized RWAs, Others to be announced

Project team

Robby Greenfield
Robby Greenfield
CEO & Co-Founder
Robby Greenfield linkedin
Jonathan Lewis
Jonathan Lewis
CPO & Co-Founder
Jonathan Lewis linkedin
Karima Williams
Karima Williams
Head of Growth
Karima Williams linkedin
Colan Walsh
Colan Walsh
Head of Derivatives Trading
Colan Walsh linkedin
Qijiong Jiang
Qijiong Jiang
Head of Technology
Qijiong Jiang linkedin
Emanuel Reynoso
Emanuel Reynoso
Senior Software Engineer
Emanuel Reynoso linkedin
Victor Akerele
Victor Akerele
Senior Software Engineer
Victor Akerele linkedin
Maria Elena Pina Vargas
Maria Elena Pina Vargas
Product Lead
Maria Elena Pina Vargas linkedin
Vivek Rai
Vivek Rai
Delivery Manager
Vivek Rai linkedin

Social media

Umoja web-siteUmoja MediumUmojaYouTubeUmoja TelegramUmoja LinkedInUmoja X (Twitter)Umoja Github

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