Usechain logo

Usechain (UST)

Blockchain
Website
TwitterMore socials
Status
ICO

Usechain is a public blockchain ecosystem built on Mirror Identity Protocol.

Usechain White Paper Whitepaper

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.

Interest lvl
NA
Learn more about our rating
User Rating
Medium
3/5 1 votes
Claim your project
Ticker
UST
Type
Utility-token
Token standard
ERC-20
FoundedUnited States, 2017
Registration countrySingapore
Registration year2017

What is Usechain

Usechain introduces a new consensus mechanism, Randomized Proof of Work to balance high performance and strong security, and apply multi-level authentication and encryption mechanism, Zero Proof, Identity Virtual Machine (IVM), Identity Network Sharding (INS), Identity Transaction Sharding (ITS), Enhanced Smart Contract, and other technologies onto their blockchain.

Usechain lists such product features as:

  • Hardware-based performance improvement
  • Privacy-protected identity application
  • Boundaryless identity ecosystem
  • Top business school supported

Usechain Roadmap

1
2016

Determine identity-based blockchain.
Research on algorithm of identity-based blockchain.
Put forward the concept of identity tokenization.

2
Q1 2017

Determine design principles and objectives.
Compile development plan.
Officially launch the Usechain project.

3
Q3 2017

Design system architecture and basic protocol.
Integrated planning of ecosystem.

4
Q4 2017

Develop underlying public blockchain.
Cooperate with partners to explore application scenarios.

5
Q1 2018

Develop fundamental functions of underlying public blockchain.
Develop address-identity mapping system.
Certification Authentication Center Service.

6
Q2 2018

Develop privacy protection system.
Form core community and achieve 50000+ people.

7
Q3 2018

Develop software-based RPOW consensus algorithm.
Develop enhanced smart contracts.
Develop TPOS consensus algorithm.
Launch beta version of main chain.
Achieve 100000+ people in the community.
Launch the first DApp.

8
Q4 2018

Set up sub-chain structure.
Develop cross sub-chain communication.
Build Usechain eco-fund to accelerate ecosystem development.
Develop multi-industry vertical community.

9
2019

AI system of address behavior analysis.
Develop tokenized multi-node system.
Develop hardware-based RPOW consensus algorithm.
More multi-industry identity-based DApps.
Launch decentralized exchange.

Token Sale Dates

Presale Period

Start date: Jul 25, 2018
End date: Aug 07, 2018

ICO

Start date: Aug 08, 2018
End date: Aug 08, 2018

Token Allocation

Total Token Supply 9,000,000,000 UST

Funding Details

Soft Cap 20,000 ETH
Hard Cap 60,000 ETH

Token distribution


45% - For sale
5% - Marketing & Partner Support
20% - Community Rewards
15% - Technical Community Rewards
15% - Core Team

Funds allocation


35% - Human Cost
5% - Company Operation
20% - Marketing
10% - Business Development
6% - Advisor Consulting
20% - Risk Fund
4% - Legal Compliance

Token Price and Payment Options

Token price ETH 1 ETH = 75,000 UST
Accepted Currencies ETH

Project team

Henry Cao
Henry Cao
CEO & Founder
Henry Cao linkedin-team
Baohong Sun
Baohong Sun
CSO & Co-Founder
Baohong Sun linkedin-team
Shengli Zhang
Shengli Zhang
Chief Sciencist
Shengli Zhang linkedin-team
Feng Zhang
Feng Zhang
Senior Financial Specialist
Feng Zhang linkedin-team
Erik Xu
Erik Xu
COO
Erik Xu linkedin-team
Andy Zhou
Andy Zhou
CTO
Andy Zhou linkedin-team
Lin Zhao
Lin Zhao
CPO
Lin Zhao linkedin-team
Amanda Shen
Amanda Shen
CMO
Amanda Shen linkedin-team

Advisors

Dr. Lucas Lu
Dr. Lucas Lu
Dr. Lucas Lu linkedin-team
Yin Cao
Yin Cao
Yin Cao linkedin-team
Prof. Shangjin Wei
Prof. Shangjin Wei
Qian Ma
Qian Ma
Allen Yan
Allen Yan
Stewie Zhu
Stewie Zhu
Stewie Zhu linkedin-team

Social media

Industries

Leave a Reply

Your email address will not be published. Required fields are marked *

listing on exchanges

Leave a Reply

Your email address will not be published. Required fields are marked *

Sponsored Crypto Projects

KYMAi (KYMAI) logo
KYMAi (KYMAI) Sponsored
KYMAi (KYMAI)
Low
ICO
NOCtura (NOC) logo
NOCtura (NOC) Sponsored
NOCtura (NOC)
Low
ICO
Zama (ZAMA) logo
Zama (ZAMA)
High
ICO
IEO

Newly Published

Fight (FIGHT) logo
Fight (FIGHT)
Medium
IEO
Noise logo
Noise
Medium
RISEx logo
RISEx
Medium
Veera (VEERA) logo
Veera (VEERA)
Medium