 | Universal ProtocolICO The Universal Protocol Platform is a digital reserve ecosystem that provides value substantiation, investor protection, and interoperability for blockchain-based assets IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Universal Protocol
Mission
The Universal Protocol Platform is a culmination of the efforts of an alliance of like-minded cryptocurrency companies and blockchain pioneers (“UP Alliance”). Our ambition is to help decentralized ledger technology achieve mainstream adoption as a universal method for transferring value over the internet. The project addresses two major challenges facing the blockchain industry:
The Universal Protocol Platform is a digital reserve ecosystem that provides value substantiation, investor protection, and interoperability for blockchainbased assets. It makes cryptocurrencies and crypto assets safer to own and easier to convert across networks.
The UP Alliance, a coalition of cryptocurrency companies and blockchain pioneers, is launching the platform to provide users with a more convenient way to access a comprehensive array of assets through a single protocol, and thereby accelerate the adoption of blockchain as a mainstream financial technology.
The Universal Protocol Platform addresses one of the biggest challenges facing blockchain users by allowing the instant and seamless transfer of value across different decentralized networks. Providing a ‘common language’ through which incompatible protocols can ‘reason’ with each other, the platform reduces the time, cost and risk of converting digital assets.
Put simply, the project enables blockchains to ‘talk’ to each other using existing technologies. Unlike alternatives such as atomic swaps and exchanges, the Universal Protocol Platform provides a scalable solution that can be applied across many blockchains rapidly.
The ecosystem will be activated through the creation of the Universal Protocol Token (Symbol: UPT) and a family of Universal Proxy Tokens, each representing a different asset.
The platform’s goal is to facilitate seamless, decentralized conversion of tokenized assets – including commodities, equities, cryptocurrencies and debt.
This paper sets out how the UP Alliance plans to achieve its goal and create a substantiated reserve for the token economy.
DetailsPublic sales: Mar 07, 2019 - Apr 01, 2019Token supply: 3,500,000,000 Hard cap: 35,000,000 USD LegalBlockchain Platform: Ethereum | Token infoTicker: UPTType: Utility-token Token price in USD: 1 UPT= 0.01 USD Accepted currencies: BTC, ETH Token distribution: 35% - Token Sale 22% - Alliance Partners 25% - Stakeholders 15% - Treasury 3% - Ecosystem Partners Funds allocation: 50% - Initial Technology Set Up 35% - Engineering and Development 5% - Marketing 5% - Legal and Regulatory 5% - Operations and Administration |
Universal Protocol Roadmap
Idea generationLegal advice, recruitment of UP Alliance Members, White Paper.
Platform set upCode production and audit, UPT Private Sale Tranche 1.
UPEUR
UPT Token Convertible to 3+ Additional cryptocurrrenciesIntegrated with exchange & derivative platforms.
Voting infrastructure enabled for new UPT Tokens Voting & Governance introduced to UPP, users able to vote on additional currencies. Leaderboard established, staking introduced, UX completed.
Recoverable / Inheritable / Tokenization of Assets Recoverable & Inheritable fully functional, 2nd layer of truth in effect on smart contract platforms. Wrapper completed, partnerships/integration with exchanges & other infrastructure components finalized. UPP ecosystem completed.
Project team
Advisors
Social media
