UGChain-Ecosystem comprising of a progression of decentralized applications
What is UGChain
As a system comprising of a progression of decentralized applications, the center of ugChain is a decentralized record framework (DAS) in view of blockchain innovation. The framework has worked in selective token UG Token (UGC).
ugChain is the main gaming concentrated biological system in view of blockchain innovation in China. In April 2017, ugChain finished the principal blockchain based application stage for gaming.
UG Token
ugChain issued UGC in Ethereum with ERC20 Token Standard.The UGC token can be utilized as a part of the entire ugChain biological system. Additionally, UGC is conveyed in the Union DAS Account System to encourage the client account administration and token exchange. With the help of the Singapore-based Foundation, UGC has accomplished full legitimate consistence.
UGC in Ethereum with ERC20 Token Standard
ERC20 Token Standard is a typical record contract standard in the group, and set numerous well known sign contracts in light of the Ethereum application. Here is the deliver to see some applications on the web: and deliver to look for sign decreases as a matter of course: ERC20 Standard Token Explorer. Some outstanding applications have outlined Token based contracts ERC20, so UGT has additionally been watching the models and sharing of grown-up venture security credits to stay away from potential dangers at the agreement level.
Why ugChain picked the gaming business
Gaming industry has an immense userbase. Current size of Chinese gamer userbase is right around 507 million. Aside from that, gaming industry's market size will achieve trillion scale in not so distant future. There is degree for immense net revenue. We trust that current issues in the gaming business can be fathomed with the best possible execution of blockchain innovation. Subsequently blockchain in not so distant future will be considered as an inescapable pattern for the improvement of gaming industry.
UGChain's Advantages
UGChain got a joint speculation from Legend Capital, Sequoia Capital, Zero2IPO Venture and Cyberagent. Up until this point, ugChain has increased in excess of 500 substantial and medium amusement transporters in China (the lineup continues developing). At display, ugChain coordinates with these transporters through conventional channels and will specifically move to the ugChain channel after item dispatch. ECG, an acclaimed e-sports bearer, has joined the ugChain family ahead of time and has accomplished an exhaustive vital collaboration. The DAS has achieve collaboration aims with various paid perusing channels who will utilize UG program to decentralized showcasing framework advancement. ugChain keeps up great relations with upstream and downstream amusement organizations under Tencent and Alibaba. Get acknowledgment of Ministry of Industry and Information Technology of China administration and the National Standardization Management Committee. Have smooth access to subsidizing, the organizers coordinate cross-fringe, the center group is experienced.
Crowdsale
One hundred million (100,000,000) UGTs is made as UGT's aggregate token supply.
The UGToken supply is dispense as takes after: 45% of UGTs (45,000,000) are circulated through the crowdsale
30% of UGTs (30,000,000) will be designated to group activities concerning business advancement, and also scholarly research and instruction
10% of UGTs (10,000,000) are conveyed to advertise advancement and extension
10% of UGTs (10,000,000) are conveyed among founders,and the advancement group
5% of UGTs (10,000,000) are conveyed among early sponsor and specialists
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