What is UGChain
As a framework including a movement of decentralized applications, the focal point of ugChain is a decentralized record system (DAS) in perspective of blockchain development. The structure has worked in specific token UG Token (UGC).
ugChain is the fundamental gaming amassed organic framework in perspective of blockchain development in China. In April 2017, ugChain completed the foremost blockchain based application arrange for gaming.
UG Token
ugChain issued UGC in Ethereum with ERC20 Token Standard.The UGC token can be used as a piece of the whole ugChain natural framework. Furthermore, UGC is passed on in the Union DAS Account System to empower the customer account organization and token trade. With the assistance of the Singapore-based Foundation, UGC has achieved full real consistence.
UGC in Ethereum with ERC20 Token Standard
ERC20 Token Standard is a commonplace record contract standard in the gathering, and set various surely understood sign contracts in light of the Ethereum application.
Some exceptional applications have delineated Token based contracts ERC20, so UGT has furthermore been watching the models and sharing of adult wander security credits to avoid potential threats at the assention level.
Why ugChain picked the gaming business
Gaming industry has a tremendous userbase. Current size of Chinese gamer userbase is ideal around 507 million. Beside that, gaming industry's market size will accomplish trillion scale in not all that inaccessible future. There is degree for huge net income. We assume that present issues in the gaming business can be comprehended with the most ideal execution of blockchain advancement. In this manner blockchain in not all that inaccessible future will be considered as a certain example for the change of gaming industry.
UGChain's Advantages
UGChain got a joint hypothesis from Legend Capital, Sequoia Capital, Zero2IPO Venture and Cyberagent. Up until this point, ugChain has expanded more than 500 significant and medium diversion transporters in China (the lineup keeps creating). At show, ugChain facilitates with these transporters through traditional channels and will particularly move to the ugChain channel after thing dispatch. ECG, an acclaimed e-sports carrier, has joined the ugChain family early and has achieved a thorough key joint effort. The DAS has accomplish joint effort points with different paid scrutinizing channels who will use UG program to decentralized exhibiting structure progression. ugChain keeps up awesome relations with upstream and downstream diversion associations under Tencent and Alibaba. Get affirmation of Ministry of Industry and Information Technology of China organization and the National Standardization Management Committee. Have smooth access to financing, the coordinators facilitate cross-periphery, the inside gathering is experienced.
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https://steemit.com/ugchain/@ugchain/writing-contest-of-ugchain-130-steem-30-bonuses
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