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Uncle Mine (UM)

Status
IDO

A decentralized & verifiable network brings arbitrary computing power to smart contract.

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Interest lvl
Medium
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User Rating
Medium
3/5 1 votes
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Ticker
UM
Registration year2021

What is Uncle Mine

The core idea of ​​UncleMine Protocol is to use cryptography technology to convert all kinds of computing power into universal and verifiable on-chain proof, to realize the true mapping of off-chain computing power to on-chain smart contracts, and to give computing resources and computing power liquidity, programmability, and composability. Through the incentives of the economic model, computing power is integrated into existing DeFi ecosystems and becomes a unique asset class in the decentralized world. In order to achieve this goal, the design of UncleMine can be divided into the following layers:

  • UncleMine Verification Layer (UMVL)
  • UncleMine Application Layer (UMAL)
  • UncleMine Incentive & Governance Layer (UMIGL)

UncleMine DAO is a decentralized anonymous organization, implemented on the chain by smart contracts, and managed by multi-signature addresses to ensure the degree of decentralization.

In UncleMine, we’re building a trustless validation network and oracle to bring all these ‘computing resources’ to smart contract blockchains. ‘Miners’ can generate zero-knowledge proofs for their computing power through UM validation layer and store the proofs in the smart contract for anyone to verify and integrate into applications.

Uncle Mine Roadmap

1
Phase 0 -- Ignition

Alpha & Beta Version of UncleMine DApp (Testnet)
UM Public Sale
Launch UncleMine DApp -- IMO platform on Solana mainnet (Filecoin computing power & LP tokens supported)
UncleMine Community NFT auction

2
Phase1

Traditional mainstream computing power (BTC) chain proof protocol and decentralized computing power market (Solana)

3
Phase2

Explore more abundant types of computing power (BTC, ETH, FIL, ICP, and other new computing power in future Metaverse) on-chain proof and circulation protocol (Solana) and its DeFi/DApp applications

4
Phase3

Cross-platform computing power proof and computing power DeFi /DApp (cross-public chain platform)

5
Phase4

cross-platform/cross-currency universal computing power (universal computing, storage, bandwidth, etc.) on-chain proof protocol and cooperative applications

Token Sale Dates

IDO

Start date: Feb 21, 2022
End date: Feb 21, 2022

IDO

Start date: Feb 21, 2022
End date: Feb 26, 2022

Token Allocation

Total Token Supply 1,000,000,000 UM

Token distribution


40% - Treasury
30.2% - Reserved to provide initial liquidity
15% - Team
12.3% - Private Sale
2.5% - Public Sale

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