Union-is a collaborative blockchain backup platform that connects individuals and organizations around the world

Juni 23, 2018

HALLO ALL, THIS TIME EXPLAINS ABOUT THE UNION

What is UNION?

Union is an Indian company focused on the Indian market, about 400 million million years old, and the market size is about 200 billion US dollars. However, given the system of public books of our blockchain technology, the platform is available for use by lenders around the world.

The Union has established work experience in the offshore credit system in the community, as well as in creating online financial services in the credit sector. We want to use our services on a different level to provide users with our platform the best possible experience, using the power of blockchain technology and a system of intelligent contracts to improve the process of crediting peer-to-peer networks.

The Union's first initiative is to put the collective investment schemes, also known as the credit trust, or the Association of lenders with turnover and savings (ROSCA) on the detachment. Collective investment schemes are used throughout the world to provide and save money in communities, to support each other financially.

Since the existing Collective Investment Schemes work on silos in individual communities, it is traditionally very difficult to use reputation and trust beyond the confidant. Thanks to the social capital accumulated by the Union, it is possible to use the whole platform, since the decision is decentralized, transparent, safe and verified. This will help us create an ecosystem of financial products that users can use, based on their reputation.

Objective of the project

The Union project aims to provide alternative decentralized lending to individuals and small businesses using innovative blockchain technology. The credit platform Union Blockchain supports both Cryptocurrency and cash.

Our vision

Create an electronic-democratic financial ecosystem for banking and non-banking individuals, using blockchain technology, using trusts, liabilities and social capital.

Our mission

Improve the financial inclusion of a person using blockchain technology. We will do this by eliminating the inefficiency of the existing system and automating the various lending and borrowing processes. The Union will focus on developing a portfolio of financial products that will use social capital and human trust.

Unified pool (Unl Pool) / Collective investment schemes

Decentralized platform for collective investment schemes. Smart contract for the automation of the savings and lending process among trusted friends.

Allied social obligations (USC)

Individuals on the platform can create contracts for commitment, and after the successful completion of the contract, people can get a positive result in relation to their social status.

Authentication of a credit union (ULA)

The algorithm for calculating the social status score on the basis of various factors, such as the timely payment of the previously participating Union Pool, the fulfillment of social obligations of the community, accounts in social networks, etc.

Union Advances (UA)

Smart contract to automate the whole process of discounting accounts. Individuals discounting the account of their own company or on behalf of the company will be able to use their social indicator in the Union to get better borrowing terms and discounts.

ICO Information

Name of the token ~ UNION (UNI)
The maximum number of tokens is ~ 200,000,000
Token Sale Home Date ~ 01-05-2018
Date of sale of the token ~ 31-07-2018
Maximum bag ~ $ 5,000,000
Token (1 UNI) ~ 0.03125
Accepted currencies ~ BTC, ETH, LTC
Minimum payment of ~ 0.1 ETH
Contract type ~ ERC20
Bonus Program ~ Yes

Union token (UNI) is a token on the Ethereum platform. It is compatible with ERC-20 and complies with widely accepted standards for the implementation of tokens. Ethereum is a popular encryption and locking system based on the use of tokens, which can be bought, sold or sold. ERC-20 defines a common list of rules for all Ethereum tokens to accurately predict how new tokens will function in a larger Ethereum system.

• A maximum of 200,000,000 (100%) will be issued at any time

• Sending 1 Ether-Union account will create approx. 20,000 UNI

• UNI points will be transferred after the successful sale of the crowd

SOFTWARE UNION TOKEN CROWDSALE

The sale of Token will be 2 months (60 days), starting from May 1 to June 29, 2018, or when the target cost of financing of $ 5,000,000 is achieved, whichever comes first.

Token Pre-Sale: UNI tokens will also be pre-sold before the specified launch date, also known as pre-sale. People participating in the pre-sale sale will be entitled to special discounts in the form of additional discounts in accordance with the agreement. This will be the basis for the invitation, but there will be a minimum number of tokens that must be allowed to qualify for pre-sale preparation.

The schedule for the sale of tokens is given below.

DISTRIBUTION OF THE UNION

Ultimately, a sustainable state is achieved when the platform resources are maintained, although the fees generated on the platform are necessary to provide the necessary financing for the development and support of a reliable platform.

• 160 million coins Coins will be sold to participants for the sale of the crowd

• A coin of 20 million coins will be reserved for the team of the Union

• 16 million Union coins will be reserved for future marketing expenses

• 2 million coins will be used for testing and counting errors

• 2 million coins will be reserved for initial investors

THE BASIC TEAM