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Universa (UTN)

ICO

Universa mainnet is a global decentralized network offering extremely fast and secure enterprise-level blockchain and data storage services. Universa mainnet is a global infrastructure for governments, enterprises and corporate solutions.

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Overview

Project industryBlockchain Infrastructure
Product typePlatform
FoundedRussian Federation
WhitepaperUniversa White Paper Open

Technical details

The ​Universa ​blockchain ​is ​a ​cooperative ​ledger ​of ​state ​changes, ​performed ​by licensed ​and ​trusted ​nodes. ​The speed of the blockchain is ​achieved ​​by ​performing ​contract ​executions ​on-client ​and ​verifying their ​output ​by ​90% consensus ​algorithm ​in ​the ​creation ​of ​each ​new ​block. The ​Universa ​Nodes ​primary ​function ​is ​to execute ​contracts ​and ​verify ​state. In ​Universa, permission ​to ​create ​new ​blocks ​comes ​from participation ​as ​a ​licensed ​node. ​Therefore, rather ​than ​waiting ​for ​a ​new ​block ​to ​be ​mined, a ​state ​change ​can ​occur ​at ​any ​time, ​verified by ​a ​trusted ​actor, ​and ​often ​approved ​by consensus ​in ​less ​than ​ten ​milliseconds ​even at ​scale. ​Each ​separate ​contract ​maintains ​its own ​chain ​of ​state, ​so ​a ​contract ​can ​perform ​actions ​asynchronously ​without ​blocking ​or affecting ​other contracts, ​and ​the ​combined ​changes ​of ​state ​collectively ​form ​a ​directed ​acyclical ​graph ​(“DAG”) ​that ​makes up ​the ​blockchain ​itself.

What is Universa

Universa Platform is a new generation of blockchain technology. It uses a contract execution machine and distributed state ledger designed to improve on Bitcoin and Ethereum technologies by delivering improvements that are imperative for business adoption, with an emphasis on tokenization and contractual agreements. Where traditional blockchains transact primarily in currencies, Universa is designed to support token representation of everything from passports to boarding passes, bus tickets or taxi fares; they can be gift cards, vouchers, or gym membership cards. You might make a token representing your title deed, or just the keys to the house.

While traditional blockchains record a full trustless ledger of all actions, transactions and their effects on a network (“fat protocol, tiny logic”), Universa improves speed and usability by maintaining an directed graph of the verifiable hashes of the output of all actions (“tiny protocol, fat logic”). In other words, instead of stacking blocks to make a single full ledger, each set of changes to a contract is applied by the clients in a separate contract chain (“C-Chains”) to the previous state, and the outcome is vectorized and hashed – only a signed signature of the state of each side-chain gets updated as the new status of the blockchain, discarding the old state and storing the new one. Still, each chain keeps it's own history, and any node with a copy of the transactions can attempt to replay them and verify that the outcome is the same, which ensures validity and fairness in a trusted environment.

Universa Platform iterates cryptographic ledger technology, building on eight years of proven Bitcoin success in the distribution of money and adapting it with the tools needed to address fundamental business concerns and governmental compliances. With transaction throughput improved by several orders of magnitude, built-in support for verifying document authenticity, and a network of trusted certified nodes, Universa is able to provide necessary usability to open new avenues into enterprise adoption. As consumer needs are increasingly served by rapid advances in Bitcoin and Ethereum technologies, Universa will continue to lean into blockchain adoption and leverage distributed innovations to serve the reliability and security demands of corporations.

Details

Public sales: Oct 27, 2017 - Nov 27, 2017
Token supply: 4,997,891,952 UTN
Total tokens for sale: 1,000,000,000 UTN
Hard cap: 99,000,000 USD
Raised: 28,800,000 USD

Legal

Blockchain Platform: Ethereum

Token info

Ticker: UTN
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 UTN = 0.01 USD
Accepted currencies: ETH
Token distribution:
66% Public
20% Foundation
10% Team
4% Bounty / Advisor / Partnership
Funds allocation:
35% Universa Protocol
20% Marketing / Business development
20% Foundations
10% Reserve
8% Operations
5% Legal
2% Security

Universa Roadmap

1
Q3/2017

Universa Blockchain first release Mac / Android clients/wallets UTN tokens via TGE/ICO

2
Q4/2017

API for apps and blockchains Universa Exchange for tokens Universa Smart Token first release Universa Smart Contracts Templates

3
Q1/2018

Universa Liquidity Ocean Universa Trust & Reputation Score Blockchain Academy

4
Q2/2018

Worldwide Blockchain Association Universa Bank and Cards Universa Appstore Cryptofund for DAO/ICO @Universa

Project team

Alexander Borodich
Alexander Borodich
CEO, Visioner, Business angel, Entrepreneur
Alexander Borodich facebook
Sergey Chernov
Sergey Chernov
CTO, Lithuania
Sergey Chernov linkedin
Alex Dovnar
Alex Dovnar
Art-director, Russia
Alex Dovnar facebook
Julia Nezhinskaya
Julia Nezhinskaya
PM
Oleg Kravchenko
Oleg Kravchenko
SysAdm
Oleg Kravchenko linkedin
Alexander Myodov
Alexander Myodov
Lead Developer
Alexander Myodov linkedin
Vadim Kovrigin
Vadim Kovrigin
Lead Developer
Vadim Kovrigin linkedin
Mark Trubnikov
Mark Trubnikov
Lead Developer
Mark Trubnikov linkedin
Roman Uskov
Roman Uskov
Lead Developer
Roman Uskov linkedin
Polia Akulenko
Polia Akulenko
Event manager
Polia Akulenko linkedin
Andy Zhuravlev
Andy Zhuravlev
Lead Developer
Andy Zhuravlev linkedin
Leonid Rabinovich
Leonid Rabinovich
PM
Leonid Rabinovich facebook
Svetlana Ivina
Svetlana Ivina
Crypto-mathematician
Ekaterina Phillipova
Ekaterina Phillipova
PA
Ekaterina Phillipova facebook
Vadim Sorokin
Vadim Sorokin
Frontend dev
Vadim Sorokin linkedin
Kons Tsabolov
Kons Tsabolov
Lead Developer
Kons Tsabolov linkedin
Julia Tsabolova
Julia Tsabolova
Head of Translation
Julia Tsabolova linkedin
Alexander Nikolaev
Alexander Nikolaev
Developer
Alexander Nikolaev linkedin
Mikhail Dremidov
Mikhail Dremidov
PR Manager
Mikhail Dremidov linkedin
Nikolay Fedorovskikh
Nikolay Fedorovskikh
BizDev
Nikolay Fedorovskikh linkedin

Advisors

John McAfee
John McAfee
Advisor
John McAfee facebook
Yale Reisoleil
Yale Reisoleil
Advisor
Yale Reisoleil linkedin
Dmitry Finkelstein
Dmitry Finkelstein
Advisor
Dmitry Finkelstein linkedin
Samson Lee
Samson Lee
Advisor
Samson Lee linkedin
David Drake
David Drake
Chairman of LDJ Capital
David Drake linkedin

Social media

Universa web-siteUniversa RedditUniversa MediumUniversa TelegramUniversa BTCTalkUniversa TwitterUniversa SlackUniversa Github

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