TokenUnion is a crypto storage.
The information below is not just for crypto-holders nor for people who understand this direction, but for all people. Because everybody has a bank card today. Or bills. Some people have credits ... I decide to show you a system, which can reconsider your financial priorities and can change your attitude towards banks and deposits.
TokenUnion: the overview.
TokenUnion is a decentralized application that automatically gives you Ethereum tokens or another tokens of the EPC 20 for storing on its resources. It is considered the best way to store crypto currency. Why? This is a multi-currency safe wallet. And it is the well-functioning financial support of the system stimulates users to the financial holdings of funds. Just think! A saving crypto-account... It is safer than any insurance and cell in any bank. Incredible!
Get a reward for storing the currency.
It is a fully autonomous exercise of remuneration. When the user stores a token in its hold-contract, he agrees to pay a static commission to complete the storage process. When a user pays a commission, the smart contract automatically distributes the share among all network users as a reward. The system of rewards is well thought out. The creators of the project promise that the owners of TokenUnion will receive a regular compensation basis. How does it can be? Probably, it is obvious ... Who will be uninteresting to get money from the deposit without making any actions on their own ...
Earnings remuneration.
The user sends tokens in contract and receives a reward as the same tokens in which they put. It is a fully decentralization and a provable system. The TU network does not rely on centralized forms of management, it operates fully autonomously. It is based on conditions prescribed in the code. You can get rewards in the same tokens that are entered in the hold contract. The conversion of remuneration is able to be in the same tokens that were made by the user.
How does the system work?
All of that starts with joining to the network. The user opens the Hold contract of the etherium network through the TokenUnion service. Then he sends his broadcast or any token of ERC 20 standard to this contract. The platform allows each token holder to receive, store and manage tokens at his discretion at any time. The user must agree with the terms of the contract and make their savings to become a member of the system. The system automatically distributes a certain amount among all participants of the TokenUnion by recieption of funds for a smart contract.
Token charges are made in UNI tokens and can be converted to any currency based on bancor. Funds are returned to the deposit in the user's holding contract, while its base position size is increased. an interaction with other users occurs in conditions of complete transparency, security and trust. The system works by conditions which are prescribed in the code. And it will work in cooperation with the blockchain giant Ethereum as long as this coin will work.
Reserved funds.
The reserve of funds is carried out by sending funds to the UNI contract. The user receives the stored tokens back to their wallet immediately after the sending. And the payment is made at Reward DAO to distribute the reward between all network members.
Redistribution.
UNI tokens through reward DAO are distributed in equal proportions between all network participants holders of UNI tokens.
Convert.
The tokens are easily converted into any tokens available to the bancor system.
Features:
Uni Token gives you the ability to access the service through a web application and mobile application, in which you can fully control your holding contract. The user of the system places the deposit in the currency of the air or any other currency of the ERC 20 format and enters the network. This currency is converted into a universal token UNI in the TokenUnion system. When reserved funds are from the token Union account, the user returns token UNI in his holding contract and at the reserve of funds receives coins in the originally entered currency. The commission for the reserve of funds is transferred to the general distribution of the reward DAO.
So, you have a few coins Ethereum or others, and you can put them in TokenUnion for saving and for getting the security against fraudulent transactions. But! TokenUnion is not a bank and certainly not an insurance company. What is this? This is a new attitude to saving and security of currencies. What is the difference you ask? The technologies have advanced so far that the system is able to function independently. If the program is successfully launched and If your wallet settings of your wallet, the coins is safety removed from you. How does this happen in the ordinary language of the man in the street? It is a living ecosystem of currencies that develops and moves, and by its development provides users with both security and reward, and is able to provide itself by investing in such useful product.
The project team.
Shayne Coplan is a CEO.
Ryan Hendricks is a designer.
Samuel Mlodezeniec is a developer.
Jared Madfes is the COO.
Sean Park makes software.
Terry Li is a developer.
Mark Barrasso is security system engeneer.
Brendon Latteri is a marketing specialist.
Yash Patel is a developer.
Project advisors:
ADVISORS deserve your attention.
Stewan Neryanoff is the architector of the Etherium, the adviser of Bancor, The Cash, Polymath. These are crypts that have shown their confident positions in the world market.
Lew Kernler is the co-founder of the Oracle crypt.
Jemmes Dix-controller of Deutsche Bank.
Partners of the project:
Bancor;
Forbes;
Alchemist;
Product Hunt;
CryptoOracle.
My conclusion.
As participants you can receive awards in the same currency that you have sent to your hold-contract. The fees are transferred to the account of the user registered in the system automatically. You can also receive interest from automatic distribution. The trust to the cryptocurrency and its confident positions in the financial market is growing day by day. As soon as people have a demand for a product, it has already been developed somewhere or it is on the stage of launching from day to day. But TokenUnion went the farthest! It rewards you for trusting this system. This is credible, of course. We are waiting for the launch of the mobile application and the WEB-version. But all of you who want to invest your money in this ICO, you can find all the interesting information on the links below)).
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