Uncloak's UNC Tokens will have a Real Use
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It has been said many times that the problem with most tokens is that they only have a purpose of being traded for speculation. Lots of tokens suffer the fate of not actually being put into a real market usage because teams rush for to launch an ICO but fail to really figure out how to put the token to use in a way that it would be relevant after the ICO. A good solution is to make the token attached to the network, ecosystem, dApp, or platform in such a way that the token is the only way to make transactions on the service.
UNC tokens work like that. UNC tokens are used for transaction in the Uncloak ecosystem. Uncloak uses AI to scan the internet and the dark web to search for data regarding cyber threat and discloses this information, which is stored on the blockchain, to businesses hoping to defend themselves. But the biggest part about Uncloak’s offering is that it is designed to automate the process of making the world collaborate in protecting the digital ecosystem as a whole. This is where UNC tokens become so important.
Uncloak allows businesses to settle rewards for those who try to benefit the ecosystem by helping partner businesses figure out their vulnerabilities against cyber attacks. In return, businesses need to pay them within the Uncloak ecosystem with UNC tokens. This keep a real demand for tokens and a real liquidity for them. Businesses buy and hold tokens to attract security experts and programmers to test and improve their cyber security. These people sell their rewards on the exchange where other businesses can buy the tokens to continue the cycle.
Businesses wanting to improve their cyber security maintain an all-time demand for UNC tokens and security experts working to improve companies’ security sell the tokens and so the tokens retain liquidity. This makes UNC tokens something that will have more purpose than just being speculatively traded on exchanges.
Website Links
Website: https://uncloak.io/
Whitepaper: https://whitepaper.uncloak.io/
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3384452.0
Telegram: https://t.me/uncloakio
My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1887821