UGChain- Ecosystem consisting of a series of decentralized applications

xeonhp (34)in #bitcoin • 7 years ago

I. About UGChain

As an ecosystem consisting of a series of decentralized applications, the core of ugChain is a decentralized account system (DAS) based on blockchain technology. The system has built-in exclusive token UG Token (UGC).
ugChain is the first gaming focused ecosystem based on blockchain technology in China. In April 2017, ugChain completed the first blockchain based application platform for gaming.

II. UG Token
ugChain issued UGC in Ethereum with ERC20 Token Standard.The UGC token can be used in the whole ugChain ecosystem. Also, UGC is deployed in the Union DAS Account System to facilitate the user account management and token transfer. With the support of the Singapore-based Foundation, UGC has achieved full legal compliance.
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UGC in Ethereum with ERC20 Token Standard

ERC20 Token Standard is a common account contract standard in the community, and set many famous sign contracts based on the Ethereum app. Here is the address to see some apps online:
https://etherscan.io/tokens and address to search for sign contracts by default: ERC20 Standard Token Explorer. Many well-known apps have designed Token based contracts ERC20, so UGT has also been observing the standards and sharing of adult project security attributes to avoid potential risks at the contract level.
UG Token Ecosystem
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III. Why ugChain chose the gaming industry?

Gaming industry has a huge userbase. Current size of Chinese gamer userbase is almost 507 million. Apart from that, gaming industry’s market size will reach trillion scale in near future. There is scope for huge profit margin.

We believe that existing problems in the gaming industry can be solved with the proper implementation of blockchain technology. Hence blockchain in near future will be considered as an inevitable trend for the development of gaming industry.

IV. UGChain’s Advantages
UGChain received a joint investment from Legend Capital, Sequoia Capital, Zero2IPO Venture and Cyberagent. So far, ugChain has gained more than 500 large and medium game carriers in China (the lineup keeps growing). At present, ugChain cooperates with these carriers through traditional channels and will directly migrate to the ugChain channel after product launch. ECG, a famous e-sports carrier, has joined the ugChain family in advance and has achieved a comprehensive strategic cooperation. The DAS has reach cooperation intentions with a number of paid reading channels who will use UG program to decentralized marketing system promotion. ugChain maintains good relations with upstream and downstream game companies under Tencent and Alibaba. Get recognition of Ministry of Industry and Information Technology of China leadership and the National Standardization Management Committee. Have smooth access to funding, the founders cooperate cross-border, the core team is experienced.

V. Applications
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VI. Crowdsale

One hundred million (100,000,000) UGTs is created as UGT’s total token supply.
The UGToken supply is allocate as follows:

45% of UGTs (45,000,000) are distributed through the crowdsale
30% of UGTs (30,000,000) will be allocated to community initiatives concerning business development, as well as academic research and education
10% of UGTs (10,000,000) are distributed to market promotion and expansion
10% of UGTs (10,000,000) are distributed among founders,and the development team
5% of UGTs (10,000,000) are distributed among early backers and consultants

VII. UGChain Community

Telegram: https://t.me/ugChainchat
Twitter: https://twitter.com/ugChain
Facebook : https://www.facebook.com/ugChain
Medium: https://medium.com/@ugChainOfficial/
Website: http://ugchain.org/
Forum: http://ugchain.group/
ANN Thread: https://bitcointalk.org/index.php?topic=2420674.new#new
Reddit: https://www.reddit.com/r/ugChain/

VIII. UGChain Team

UGChain has completed the applications of the hyperdger-based blockchain in the fund industry and has a mature application development experience of blockchain technology. ugChain’s major founders have successfully started their own business in the Internet industry and worked as senior executives in the financial investment industry. As well, ugChain has attracted senior executives from domestic large game companies and multinational corporations to join; The UG team has assembled excellent talents from several areas, including blockchain, cryptology, virtual currency community, Internet information security, finance and gaming service.
Part of the ugChain business development, our team is constantly upgrading and expanding. This project’s bright future and technical strength also attracted more and more outstanding talents.In the strategic layout of ugChain , the Chengdu office will serve as a landing operation and development center .Meanwhile, ugChain is actively building other overseas branches including the one in United Kingdom; to realize brand-new changes in project introduction, cooperation partners and developer gathering.

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IX. UGChain Partner
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X. UGChain bounty (will be end in 10.01.2018)