Universa Platform is a new generation of blockchain technology.
This uses contract execution engine and published a book of great State
which is designed to improve the technology and the Ethereum Bitcoin
with provide important improvements to the business. Adoption, with an
emphasis on tokenisasi and contract agreement. When the bandit
traditional trades mainly in currencies, Universa is designed to support
token representation of everything from passports to the entrance
ticket, bus ticket or taxi fares; They could be gift cards, vouchers, or
gym membership card.
While the traditional block recording ledgers which mercilessly about
all the action, transaction and its effects on the network ("protocols
of the fat, little logic"), improved speed and usability Universa by
maintaining the graph is directed of the hash can be verified from the
output of all actions.
Universa is not dependent on the perpetrator is not reliable from the
public. The nodes in the system of Universa is owned and operated by
our partners; They must be licensed and authorized by the Corporation in
Universa. They trusted, trained, and audited; they guarantee the
availability, speed, and security.
Token Sale
The public sale of Universa’s token, UTN, began Oct. 28. up to $99
million USD is slated for acceptance at a price of $0.01 per token. A
minimum purchase of $10 is required to participate in the crowdsale.
Funds raised through the project will go mainly toward the Universa
protocol, marketing and development and its foundation, which includes
OpenBackend, Blockchain Academy and CryptoNation.
The token sale will run until Dec. 12, giving investors plenty of time to enter should they find UTN a worthwhile investment.
Team
Universa is led by the talented Alexander Borodich, who is a
technology investor and managing partner of VentureClub. He is also the
former head of marketing at Mail.ru Group, which is Russia’s largest
technology company.
The leadership team also includes Sergey Chernov, former CTO at
Cybiko and 17-year veteran of cryptography, as well as Alex Dovnar, who
has spent 20 years in digital marketing. The team has 20 core staff,
including developers, event managers, system administrators and a
crypto-mathematician (really cool!).
It should also be noted that Universa has landed the services of one John McAfee, who became a project adviser.
Verdict
There’s very little not to like about Universa. As a distributed
system for smart contracts, it has the potential to become a digital
currency provider without depending on the mining process.
Risks
- Is Universa asking for too much? There is some concern in the
investment community that anybody who wants in on this massive capital
raise will be able to enter. It is not yet clear whether this will
backfire by lowering demand for the token. -1
- Russian ICO projects have struggled to get off the ground. Combined with a less than certain regulatory outlook
has lead some to question the viability of this massive undertaking.
We’ve already seen Chinese projects suffer as a result of ICO bans.
Russian authorities have given mixed signals about what they intend to
do with coin offerings. -2.5
Growth Potential
- The Universa platform is a whopping 60 times faster than Ethereum
and much, much faster than bitcoin, thereby enabling more extensive use
in the business world +3
- The platform works as a distributed system for smart contracts,
which makes it much faster, cheaper and safer than the leading
blockchains. It is said that Universa can provide 10,000 transactions per second, compared to just 15 for Ethereum and six for bitcoin. +3
- Universa has strong use case potential, and is considered a strong
candidate for business adoption. This is especially the case when you
consider its solutions for instant payment transparency, transfer of
ownership and support for several business processes. +3
- Universa’s partnership with John McAffee is a huge plus for the project and its credibility. +2
Disposition
Universa is widely considered to be Russia’s most promising ICO. The
company expects the token sale to generate $100 million. Based on its
outstanding technical specifications, real-world applications and
investor hype, that figure is certainly attainable.
Against this backdrop, we give Universa a score of
7.5 of out 10, putting it among our best-rated ICOs. Although the ICO has already started, investors still have plenty of time to capitalize.
Investment Details
- Type: Crowdsale
- Symbol: UTN
- Pre-Sale: Sept 2017
- Opening Sale: Oct. 28, 2017
- End Date; Dec. 9, 2017
- Platform: Ethereum/Custom
- Exchange Rate: $1 USD = 100 UTN
- Maximum ICO Market Cap: $99 million USD
- Total Supply: 14 billion UTN (10 billion in circulation)
- Payments Accepted: Ethereum (ETH)
