Currently, a lot of decentralized projects offer to work with cryptocurrency. But often this proposal is accompanied by a number of restrictions - the ability to work only with a certain narrow list of cryptocurrencies, high commission fees for the exchange of cryptocurrencies, platform instability and low protection of user's information and money. These restrictions have a negative impact on the development of cryptocurrency market - investors cautiously invest in similar projects, as they are not sure about the popularity of cryptocurrency market among users. Those who want to work with cryptocurrency, users, as a rule, do not know how to start, what platform to entrust their funds in order not to lose them.
http://tokenunion.io/
TokenUnion project has become the solution to this issue. It is based on decentralized Ethereum blockchain platform. The essence of TokenUnion project is to provide users with the opportunity to save their money in digital equivalent economically and reliably, and get paid for it. Money should work - this is what the creators of the project are promoting to the masses. TokenUnion has a complex structure of work. But thanks to a convenient and intuitive interface, it will allow working through the platform to both experienced traders and beginners.
Key Features
You can work on the platform with the use of any cryptocurrency, which is based on Ethereum and operates according to the ERC-20 standard, as only this type TokenUnion will be able to integrate into the platform's cryptocurrency. The work is carried out according to the following scheme. A user undergoes an easy registration and adds the types of cryptocurrency to his/her personal listing for further use. It should be noted that this list on the platform is wide enough and everyone will find the most suitable currency. Each user has his/her own cryptocurrency wallet. To ensure the safety of its customers, the creators of the project made cryptocurrency wallets independent of each other, having implemented the work of artificial intelligence and API algorithms. Thus, if one wallet is damaged by hacker attacks, the other one will remain safe.
http://tokenunion.io/
A user saves his / her cryptocurrency on the platform and gets the reward for it that is provided in UNI platform tokens. For example, a user received 500 UNIs as a reward and wants to withdraw them. Thus, a user is able to choose what cryptocurrency to withdraw - for example, 300 in OMGs and remained 200 - in BATs. UNI is automatically converted into the selected cryptocurrency, which allows users to save on commissions.
Advantages of TokenUnion project
The advantages of the project include the original idea of accumulating cryptocurrency and its excellent implementation. Work on the platform is possible through web version, as well as mobile application. TokenUnion wallets are very versatile and allow storing different cryptocurrencies in one place with the possibility of end-to-end analysis. TokenUnion platform perfectly interacts with other systems through integration.
TokenUnion cryptocurrency
To perform calculations on the platform, UNI tokens are used. The platform’s crowdsale is not limited by any terms, since cryptocurrency is not an investment. Users can purchase it only for profitable work on TokenUnion. Purchasing of cryptocurrency is interesting only in the sense that all profitable transactions take place in UNIs and, without them, it is impossible to conduct profitable transactions. Only UNI owners get the cost of a transaction back.
Conclusions
Thus, TokenUnion is difficult to consider as a project for investment, as these tokens do not bring any revenue. TokenUnion is rather a decentralized blockchain-based application, with the ability to securely store funds and receive rewards for using UNI. The business model is based on receiving the commission when registering on the platform and purchasing tokens.
Links:
Website: http://tokenunion.io/
WhitePaper: https://docsend.com/view/hj4tdrk
Telegram: https://t.me/tokenunion
Facebook: https://www.facebook.com/tokenunion/
Twitter: https://twitter.com/tokenunionio?lang=en
Medium: https://medium.com/@tokenunion
ANN: https://bitcointalk.org/index.php?topic=3743898.0
Author: https://bitcointalk.org/index.php?action=profile;u=980049
ETH: 0xda2574CFeB7De808c08E542000E62C4949ee3233
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.