Usechain (UST) ICO Analysis: Innovative Blockchain Solutions.
Hallo .. Friends meet again with me, this time I will invite you to join Usechain project, The World’s First Mirror Identity Blockchain. If you are interested in joining the project, it is a good idea to read reviews that can help you get information that might help you in viewing their mission vision during their project
Here’s the review !!
Project Description
Usechain is dedicated to developing the first mirror identity blockchain ecosystem. Based on existing technologies in blockchain, Usechain becomes the first public blockchain to be built on Mirror Identity Protocol and integrated with multi-level innovations in technology and structure design，which can be used to break the bottlenecks in the development process of blockchain，provide infrastructure of technology for the virtual and parallel world in the future，build an identity blockchain system built on a new technical structure，develop more widely used Dapps and provide underlying technical support for the application explorations in finance，consumption，entertainment，socialnetworking，games，IoT，supply chain management,asset management and social management and add more value to identity by allowing people to be connected to the financial service provided by Wallstreet in an easy，convenient and instant way.
The platform focuses on introducing a new consensus mechanism and a randomized proof of work to balance perfectly strong security and high performance. In order to bring a new generation of blockchain, Usechain will use multi-level encryption and authentication methods, Identity virtual machine, zero proof, enhanced smart contract as well as other innovative technologies.
The platform’s official token referred to as UST is based on the ERC20 protocol on the Ethereum blockchain. Users can acquire the token during the initial Coin Offering. The main aim of creating the token is to give an opportunity for all participants to be involved in the building of the entire community. The token will also be used to reward the developers and supporters of the platform’s community as well as enabling the entire ecosystem to grow. UST will also allow every participant who hold tokens to use Dapp (Decentralized Application).
Idea
● The World’s First Mirror Identity Blockchain.
● Blockchain that can do thousands of Transaction + Dapps.
● ID-Enabled Consensus + security + privacy
● Hardware-Based Performance Improvement
● Privacy-Protected Identity Application
Roadmap
The roadmap below is a summary of the more detailed original roadmap.
Hard Cap and Valuation
There will be a total of 20 billion UST tokens and the project aims to raise 45,000 BTC for 45% of the token total. 15% of the remaining 55% is earmarked for the technical community rewards project’s reserves, 20% for community rewards, 15% goes to the core team, 5% to the marketing and partner support.
UseChain UST Token ICO Details
Token symbol: UST
Accepted payment method: BTC and ETH
Total token supply: 20000000000
ICO: 9000000000
Important Dates
Usechain token sale is scheduled for the 7th of June, 2018.
Marketing Power
As of the time this post was published, Usechain had over 59,000 members on Telegram, over 2,467 followers on Twitter.
Team Members’ Areas of Expertise
CORE TEAM
Henry cao(founder and CEO)
Baohong sun(co founder).
Shengh Zhang (chief scientists).
Feng zheng (senior finacial specialist).
Enric x u (COO).
Andy Zhou (CTO).
Lin Zhao (CPO).
Amada shen (PR manager).
ADVISORS
Shangjin wei (senior advisor).
Qian MA (senior advisor).
Allen yaw senior advisor
Stewie zhu (senior advisor)
Conclusion
Strengths
They have a very detailed roadmap.
They already have a working product on the Ethereum mainnet.
Strong advisory board and team members with significant work experience.
Usechain has the potential to headline Ethereum-based DApps push for global recognition, meaning it might find strong support in the Ethereum community.
Visit more details:
Website：https://www.usechain.net/
Facebook：https://www.facebook.com/UsechainFoundation/
Twitter：https://twitter.com/usechain
Github: https://github.com/usechain
Reddit：https://www.reddit.com/user/Usechain
Medium: https://medium.com/usechain
Telegram group: https://t.me/usechaingroup
Bitcointalk: https://bitcointalk.org/index.php?topic=3432061.0