Universa Ico feat. John McAfee
Hi guys, i will invest some bucks into this Ico, it maybe a good winner in the next months or so, tell me what do you think about it.
ICO Details
Site - https://check.universa.io/-dMZUst
Symbol – UTN
Whitepaper – https://universa.io/files/Universa-Whitepaper-v1.0e.pdf
When – October 28th, 2017
How to Participate – ETH will be accepted in the sale.
Soft Cap – None
Hard Cap – 99 Million USD
Total Max Market Cap At ICO – ~140 Million USD (~100 Million Circulating)
Exchange Rate: 1 USD = 100 UTN
Total Tokens in Circulation At ICO – 14 Billion UTN (10 Billion Circulating)
Universa is a scalable, smart contract enabled, production ready blockchain. One of the important things that businesses and firms are looking for as they make the transition to distributed ledger technology is the security of their information and reliability of the networks. Universa streamlines this process by only storing sensitive information where it will actually be relevant (geographically speaking) as well as implementing a separate service to verify transactions and make sure that incoming information and histories are accurate.
Universa is an infrastructural type of project, and as such it means it will serve as the bedrock for any future projects that wish to put their tokens and functionality on pre-existing platforms. Universa particularly, due to their difference in approaching blockchain design, will be an attractive option to such projects that need fast throughputs, instant state changes, and high transactions per second.
Universa features a rare method of blockchain technology called the Directed Acyclical Graph, which I have personally been a huge fan of since my first impressions of it in use with Byteball. Other projects with similar infrastructures include IOTA (Tangle) and Raiblocks (Block Lattice), which all have proven to create networks with extremely low transaction times, speeds, and throughput.
TX speeds themselves are lightning fast, and will be able to support massive growth and sustained use of the chain. In recent tests, Universa has shown that their technologies can support up to 20’000 transactions per second – almost 3’000 times the speeds and TPS that Bitcoin can support, and many times over Ethereum as well.
The use of a DAG means that states in Smart Contracts can be updated as the code itself executes, meaning the blockchain is amended nearly instantly. The upside to this method of handling state transitions means that there is no longer a need to wait for the blockchain to create a block to update the current state of a Smart Contract – it will be updated instantly, every time.