ERC20 Token
Universa (UTNP)
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.
Universa Platform is powered by the Universa Network – a swarm of Universa Core nodes composing the Universa Blockchain, and supporting the Universa Secure Signed Document Service (codenamed “Notary Cloud”). The Blockchain is only responsible for enforcing the validity of the state of transactions, while Notary Cloud acts as a verifiable warehouse for signatures of the original contracts.
“Universa Platform iterates crypto graphic 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.”
Buy & SellPositives
- High Speed, Low Fee Blockchain With Smart Contract Capabilities.
- Transactions Per Second Sits At 20,000, Blowing Ethereum Out Of The Water In Terms Of Speed & Transaction Fees
- Supporting Both Online & Offline Smart Contracts/Transactions
- Allowing Decentralized Apps Access To Micro-Payments With Lightning Fast Confirmation Times.
- UTNP Coin Supply Is Great Considering Application. Inflation Shouldn’t Be An Issue Here For Some Time.
Exchanges
Concerns
- Whitepaper looks great, well structured. Website is lacking real substance. Investors may struggle to grasp Universa’s goals & vision unless they commit to reading the whitepaper.
- Roadmap is honest and transparent. Some goals from Q3 2017 have not been ticked off but this shows more honesty than anything. Roadmap isn’t very extensive past Q2 2018.
- Plenty of ground to cover. With Ethereums Sharding & Raiden being released in the future, Universa will need to stay ahead in terms of technical features & capabilities.
Official Links
Token Details
Token Type
ERC20
Powered by the Ethereum Network. Can be stored on any ERC20 compatible wallet e.g MyEtherWallet
Token Statistics
Supply
• Ticker: UTNP
• Total Supply: 4,997,891,952
• Circulating Supply: 1,710,945,603
• Token Use: Dapps & Fees
Founders
The Team
• Alexander Borodich (CEO)
• Sergey Chernov (CTO)
• Alexander Myodov (Lead Dev)
• More