Building the new Universal Currency
On July 11th, 2019, Fed Chairman Powell has declared Bitcoin as a store of value like Gold. Powell went further claiming that the dollar’s status as a reserve currency would not last forever.
Since the end of the 2nd World War, the Dollar has worked as a store of value and a universal currency for trades between countries. US leaders had the intention to push the adoption of the US dollar further by central banks and consumers of every country. This attempt has failed due to excessive money printing. As Nixon’s-era US treasury secretary, John Connally said: “ The dollar is our currency and your problem.” The concept of building a Universal Currency highly centralized and linked with a State Central Bank failed due to the over the use of an exorbitant privilege of printing debt indefinitely. Even if some thinkers still believe in FIAT currencies, none of them can and will ever become a Universal Currency.
With the creation of Bitcoin in 2008, attempts to build the next Universal Currency using Blockchain technology have been numerous. Monetary Blockchain Technology application that is only at its premises give us hope to see one project succeed. This new technology enables faster and cheaper transactions from anywhere in the world with only an internet connection. Facebook announced the launch of Libra has well understood the potential of this innovation. Bitcoin creator Satoshi Nakamoto, also. However, most currently fail to deliver an efficient solution. Facebook's coin is a centralized stable coin that will be exposed to FIAT currencies devaluation and debt crisis. Bitcoin, apart from the scalability issues linked with high transaction and environmental costs, is retained by (80% figure to be checked) of the wallets.
There are five main things that make the value of a cryptocurrency that Uunit is solving:
-The number of token holders.
-Strong community.
-Decentralized.
-Adoption in use cases.
-Price formation based on adoption and community growth.
The number of token holders.
Uunit is NOT an ICO. It has a real advantage… Usually, an ICO average number of holders is around 4 to 5k investors. Uunit in a few weeks has already reached 15k registered and verified members that will ultimately become token holders. The community is growing exponentially and at more than 4k every month currently. Uunit will have the highest ratio of token holders to the tokens in circulation making it the perfect token of payment as the community and project continue to grow.
Strong community.
Uunit.io is building a community for those who are new to cryptocurrency. (maybe rephrase to say something like “building a community for everyone, including those who are new to crypto”.) (Yes, that does state the project with a bit more clarity.) The best way to build a vibrant community is to share your invite link with friends. Upon joining Uunit, you will receive eight invites to share with friends you know and can verify. The initial eight invites will expire in 30 days of receipt. For each new friend who registers and is verified by you, you will earn an additional 300 Uunits, added to your initial allocation. For your personally registered friends who verify a new community member, you will earn an additional 3,000 Uunits.
Decentralized.
The team is also decentralized, composed of a network of more than 30 experts and individuals from around the globe. Uunit is gradually building a network of global ambassadors in every country in the world.
Mass adoption is key to any digital currency.
Uunit considers the fact that the current market is very small and that we need to simplify the process of holding in order to reach mass adoption. Uunit.io offers an easy community sign-up, offchain. This is a simplified process for new coiners or those who might not currently own a cryptocurrency.
Existing digital currencies and cryptocurrencies have not reached mass adoption in part due to cost, volatility, and technical expertise needed to onboard. UUnit bypasses these problems for the next digital gold by ensuring free broad adoption and easy claiming of UUnits upfront. Free distribution is a key component of this venture.
Uunits are distributed free to those who register. There is no risk, and no money required of those who join the community. Those new community members can reserve additional Uunit coin.
This is easily accessible to everyone, breaking down barriers in the current crypto market.
Price formation based on adoption and community growth.
A Social, peer-to-peer component of Uunit.io is unique in the industry. This offers a community tool for building a mass community/mass adoption for Uunit. Mass adoption by crypto has yet to be achieved with the current offering of cryptocurrencies.
The Uunit Future blockchain will be unique. Uunit proposes a revolutionary decentralized consensus mechanism or, a dedicated proof of vote, (DVOP) approach to their blockchain. This will be an eclectic first democratic system for crypto.
Currently, Uunit.io has 15,000 subscribers and is growing daily.
Uunit is also decentralized over and above Bitcoin. Uunit community comprises registered members in nearly all the countries of the world (+200).
Sign up today at https://uunit.io!