Cryptocurrency is very suitable for use in various sectors around the world. For example, in banking, cryptocurrencies can be used to create a more inclusive and flexible financial ecosystem for everyone. Therefore, Uma Chit Funds uses cryptocurrencies to create a more modern and innovative financial institution for users. Uma Chit Funds is a financial institution that initially used a traditional system, but after seeing the features offered by cryptocurrencies, Uma Chit Funds was interested in adopting this protocol. With Uma Chit funds users can get a savings and loan service, where users can get a loan or donate a certain amount of money and then benefit from it. This is a modern and innovative savings and loan service.
Cryptocurrency and blockchain are the right combination to create an inclusive and modern financial system for everyone. With the existence of cryptocurrencies and blockchain, it reflects being able to create financial institutions that are more transparent, honest, decentralized and also profitable for all participants. Nowadays it is not easy to be able to implement blockchain technology in financial institutions. Developers can easily use the various resources provided to be able to create blockchain-based platforms, for example, developers can use chains such as Ethereum or BSC. Seeing this, Uma Chit Funds will present an inclusive and profitable financial platform for everyone based on blockchain technology.
Adopting blockchain technology allows Uma Chit Funds to provide a more transparent and secure financial platform for all participants. Users can carry out various transactions or donate a sum of money without worrying about its security because blockchain technology has proven reliable to be applied in financial institutions globally.
What are Uma Chit Funds?
Uma Chit Funds is an innovative and modern blockchain based savings and loan platform. The features offered by Uma Chit Funds allow users to get financial services that are more secure and affordable than traditional banking services. Users can save their money and earn interest or get loans faster with Uma Chit Funds.
Uma Chit Found Fund Features
Using smart contracts: users don't have to worry about their transactions because Uma Chit Funds uses blockchain technology which includes a smart contract protocol which will secure all transactions from users and do not allow manipulation or hacking.
Intuitive Interface: user interface is provided to be able to show users various information they need like upcoming or pending EMI, actual benefits, borrower limits, etc.
Transparent: in order to maintain user trust, Uma Chit Funds provides transparent services and keeps the distance as close as possible to users.
Tokenomics
The Uma Chit Funds platform allows users to easily own Uma Chit Funds native tokens. These coins, known as UCF tokens, are native tokens of Uma Chit Funds and have various functions such as payments, fees, etc. Users can use the UCF token both on and off the platform as it is based on ERC-20 which is supported by many digital wallets globally. It is a native token that will have an important function, especially in the development of Uma Chit Funds.
Token Details:
- Total amount: 1,000,000,000
- Personal selling soft cap: $50,000
- Hard hat private sale: $5.00,000
- Public sales soft cap: $1,000,000
- Public selling hard hat: $10,000,000
- Token price: $0.1
Roadmap
- 2019 : Concept formation
- 2019 : Whitepaper making begins
- Q3 2020 : Website launched
- 2021: Whitepaper V1.0 Release
- Q4 2021 : Start of private sales round
- Q1 2022 : MVP release and Marketing campaign begins
- Q2 2022 : Beginning of round of public sales
- Q4 2022 : Final product release
Conclusion
Blockchain technology and cryptocurrencies are very suitable to be implemented on global financial platforms. By adopting blockchain technology, it allows financial platforms to be able to provide more modern and innovative financial services for everyone. And Uma Chit Funds exists as a blockchain-based savings and loan platform that allows people to save money and get loans more easily. Users can contribute to lend money to other users in need and in return they will get attractive interest. And users need not worry because all their transactions will be secured with a smart contract protocol that does not allow manipulation or hacking of transactions. Uma Chit Funds has a mission to create a more innovative and modern blockchain-based financial platform for everyone.
For More Information:
Website: https://umachit.fund/
Facebook : https://www.facebook.com/umachitfund
Twitter : https://www.twitter.com/umachitfund
Telegram : https://t.me/umachitfund
Instagram : https://www.instagram.com/umachitfund
Reddit: https://www.reddit.com/user/UmaChitFund
Steemit : https://steemit.com/@umachitfund
Author : Homio
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2865336
My Wallet Address : 0x3e9D0A5f1eA321a35AAec9629827123860d7Ea09