Sabtu, 23 Juni 2018

UNION - Solution Your problem

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Hello, Before we get into the discussion about UNION ICO, it's important to have some historical context on how the ICO works.

Early Coins Bids, also commonly referred to as ICOs, are fundraising mechanisms where new projects sell underlying crypto tokens in return for bitcoin and ether. This is somewhat similar to the Initial Public Offering (IPO) in which the investor buys the company's stock.

ICO is rapidly becoming the dominant topic of discussion within the blockchain community. ICO is easily shaped because of technologies such as the ERC20 Token Standard, which abstracts many of the development processes needed to create new cryptographic assets.Union is an Indian company targeting the Indian market, about 400 Million Millennium, and a market size of about 200 Billion USD. However, given the general ledger system of our blockchain technology, this platform is available for use by lenders around the world. 

Union has expertise in the offline community loan system and also in generating online financial services in the lending sector. We want to take our services to another level to give our platform users the best experience by leveraging the power of blockchain technology and smart contracting systems to improve the peer-to-peer lending process.
The Union's first initiative is to place a Collective Investment Scheme, also known as a trusted loan circle, or the Credit Rotation and Savings and Loans Association (ROSCA) on blockchain. Collective investment schemes are used worldwide to lend and save money in society, to support each other financially.
Because the existing Joint Investment Scheme works on silos within a separate community, it is traditionally very difficult to take advantage of reputations and beliefs beyond the circle of one's beliefs. With the Union's social capital gained it can be utilized across platforms, as the solution is decentralized, transparent, secure and auditable. This will help us create an ecosystem of financial products, which can be exploited by users, based on their reputation. 
Vision:
The Union's vision is to capitalize on trust, commitment, and social capital to create a democratic financial ecosystem on block-chain technology for bound individuals and no bank accounts.
Union Pool:
Decentralized Platform for Collective Investment Schemes. Smart contract to automate the process of saving and loan among trusted friends.
Social Commitment Union:
Individuals in the platform can make a commitment contract, and upon successful completion of the contract, individuals can receive a positive score on their social status.
Target Customer:
India's Millennium Population ~ 400 Million.
Union Lending Authentication (ULA):
Algorithms for calculating social standing scores based on various factors such as timely payments from participating Union Pool, fulfilling union social commitments, social media accounts, etc.
Union Advances (UA):
Smart contract to automate the entire billing discount process. Individuals who discount their own company's bills or on behalf of the company, will be able to increase their social standing score in the Union to get better loan terms, and discounts. 
ICO Details
Token Uni (UNI) is a token on the Ethereum platform. This is the ERC-20 compliant, and follows a widely adopted token implementation standard. Ethereum is a popular cryptocurrency and blockchain system based on the use of tokens, which can be bought, sold, or traded. ERC-20 defines a general list of rules for all Ethereum tokens to follow accurately predict how the new token will work in a larger Ethereum system.
• A maximum of 200,000,000 (100%) will be issued at any time
• Sending 1 Ether to a Union account will make approximately. 20,000 UNI
• The UNI Tokes will be transferred once the sales crowd has been completed 
Token Name UNION (UNI)
Maximum Token Number 200,000,000
Start Date Token Sale 01-05-2018
End Date Sale Token 31-07-2018
Maximum limit of $ 5,000,000
Token Rate 1 ETH 25,000 UNI
Token Received BTC, ETH, LTC
Minimum 0.1 ETH
Type of Contract ERC20

ICO Structure

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Finally a stable country is reached where the platform resources will be supported although the costs generated in the platform, the tokens are required to secure the funding necessary for development and support a strong platform • Coins 160 Million Union will be sold to participants with bulk sales • 20 Million Union coins will be reserved for Union teams • 16 Million Union coins will be provided for future marketing expenses • 2 Million Union coins will be used to test and prize bugs
• 2 Million Union coins will be provided for the initial investor

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Bonus Program

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Roadmap

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TEAM

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ADVISORS

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Further information: 



By Martin Vunk

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