INTRODUCTION
During the course of making the crypto coins more useful in the financial aspect of living, more and more of different types have been created with the hope that this will suffice the need for tangible spending and use of money without having to make use of the Fiat money. But unfortunately, this expectation has been cut short and the plan has been met with great disappointment because the new computerized currencies that are just emerging are not able to unify with the existing ones and vice versa. This now makes the trading process complicated and more difficult than it ought to be and scaring investors away by the impossibility of transactions as a result of the mess. However, seeing that a solution is important, investors crave the existence of a framework which is able to settle this score and make the process less complex and the trading operations simple enough to carry everyone along in the community. This is the reason why we have a new setup called Universal Protocol Project whose aim is to restore this balance.
WHAT IS UNIVERSAL PROTOCOL
This project has emerged to ease the process of trading by providing a means by which the different tokens or coins used in the ledger domain can be made useable and convertible to another at the shortest possible time. The aim is to reduce the mistakes that is normally associated with trading and that which is very risky to the transactions being done. The special thing about this project is that fact that it provide options for security such that the users get to secure their position and deals done in the venture. All forms of technical errors will be done away with using universal protocol and it will add to the benefits that the members stand to derive from it.
The trading process too will be improved in a remarkable way with the use of the UPT token of the setup which is the Proxy Tokens. This token is one that can be exchanged for any other type in the ecosystem and will be used for all the deals in the network. The token is actually of the Ethereum structure and this finds its application as one. The special ones in the venture are recognized by the amount of this token they hold and will have benefits coming towards them for that purpose. The Universal Proxy Token issues a discount on holding to the user and is part of the core components which makes the project a standard one. There is a secure wallet for it and this also has its impact in the transactions done especially during exchange. The detachable wallet is protected by three different keys that can never be hacked or broken by external influences. This helps to guarantee the safety of the assets stored and to foster their trading in other exchanges. In the case of a situation where users misplace or forget one of the keys, there is a safe and dependable backup system where all the necessities are kept safe. Users will be able to retrieve their list keys easily as long as they still remember the subordinate ones. The transfer of tokens in this wise is very much possible with the wallet and the process get controlled with smart contracts which means that the process cannot be imperfect.
THE BENEFITS OFFERED
The speed of transaction as provided by Universal protocol is quite astounding and asides this, it is able to make certain that the security system is strong enough to withstand any intruding force. The assets of users will be retrievable in the case of any incomplete transactions. There will be adequate storage of the assets and the verification process will be remarkable. The entire deals will be checked using the algorithm type verification. More so, the process of having the tokens converted to another will be quick and done in a reasonable time range. Much effectiveness will be seen in its activities and process of trading and this will be incomparable with other existing networks. The fees will be reduced in the deals done and also many institutions will have a free ride upon these benefits and this will cause the enlargement and organization of the market.
Allocation of Tokens
Crowd-sale: 35%
Ecosystem Partners: 3%
Alliance Partners: 22%
Stakeholders: 25%
Treasury: 15%
Token Sales Information
Ticker: UPT
Token Supply: 10 billion UPT
Token Type: Utility Token
Exchange Rate: 1 UPT= $0.O1 USD
Accepted Payment: ETH
CONCLUSION
Universal protocol will also make it easy to have the involvement of the major financial institutions to be a part of the ecosystem in order to add more values to it and also to the users. Traders will have a means of going about their trading activities without any doubt or risk. This setup has got a the partakers of the platform covered with its reliable services as well as the benefits that follows. More accessibility to crypto coins will be enjoyed by all players and the issue of security will be fully addressed without it rising again. Whether an investor is new or already had enough experience there wouldn't be a bias treatment in the venture and this will increase its acceptance.
For more information, visit any of the following links;
Website: https://universalprotocol.io/
Whitepaper: https://universalprotocol.io/static/documents/whitepaper.pdf?version=5.3
One pager: https://universalprotocol.io/static/documents/one-pager.pdf?version=4.0
Telegram: https://t.me/universalprotocolplatform
Twitter: https://twitter.com/UPPlatform
Facebook: https://www.facebook.com/UPPlatform/
WRITER'S DETAILS
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