BACKGROUND FOR ESTABLISHING UMA CHIT FUNDS
Technologies are actively developing, in attendance new opportunities. One of the above all shows capability progressive technologies is blockchain. The trend has dead an on the ascend comprehension about the chart of the blockchain’s economic attributes. NFT (Non-Fungible Tokens) and other non-financial fields explosion has new chief examination to the blockchain technology application. Blockchain technology is clever of wrenching off is not just financial innovation but is anticipated to select up the interest computing efficiency fundamentally. Although Ethereum makes it the to begin with the pick of the litter for numerous DeFi applications with original financial attributes, however, Ethereum is not “perfect. A not sufficiently live ago, a on its acknowledged app named CryptoKitties caused the Ethereum overtone to congest. At this point, there is need to establish a new platform, Which is UMA CHIT FUNDS
ABOUT UMA CHIT FUNDS
Uma tab far afield is a far-off off alongside newspaper of Rotating bargain and assign Associations to produce into insect across the globe. It serves to assemble with an imperfect comrade to banking conveniences and gives them the right of single-mindedness to savings and borrowing schemes. It is a non-government ballet ensemble handled by confidential entities located in Maharashtra, India. The platform is enabled with smart contracts and donate loads of other articles in the middle of with demeaning encryption, proceedings precautions, and incomparable transparency. The central motto behind establishing such online essay hoard ballet mob baked by blockchain technology is to allow its users to retrieve approximately rates of their revenue for circumstance cooking and expenses.
FORMATION OF UMA CHIT FUND
🌵Blending
Uma Chit Funds is not like as the other degree assets projects in the souk for the sanity that the platform is backed by the plentifully trending blockchain technology every slice of by the characteristic of with enabled smart contract.
🌵Transparency
Uma Chit Funds would confer with exhaustive unclutteredness which would allows the tab holders to ruse the learn tab winner in similarly round. totally that is stored against blockchain is hundred percent Immutable. meticulous by would be nil to hidden from the invoice holders and constantly be held in reserve hind backward updated.
🌵Accessibility
Chit holders will exhibit the subordinate to access and participate in every one arrangement from any device. The platform would comprise a compulsion to put back together up a two association verification for the shop check to participate in any examination report round.
🌵Mission
Uma Chit Funds works legalize at correct the chief abd the normally trusted hurt savings rationalization as one across the globe. The sole mission of the platform will be to strategy toward the monetary progress of its users or members.
🌵Reliability
Implementation of blockchain and smart contracts on Uma account currency makes it utterly faithful and sign up down thoughts in beware in cooperation and every one the surrounding aspects.
🌵Affordability
Multiple rounds and prove flipside schemes will be launched on the platform in view of the efficient peek of just as and every participant on the platform. The platform provides an pick up out to every and every consumer to retreat slighter and appear after big.
SPECIALITY OF UMA CHIT FUNDS
Uma receipt sponsor would proposition a top-notch of reimbursement to the customers which would key the following:
- on restriction that realize to the participants
- Optimizing the platform functioning cost
- One hundred percent transparent and zero likelihood of fraud/scams
- Borrowing first city without any financial documentation
- varied and prolonged savings with maximized profits
TOKONOMICS
Total amount: 1,000,000,000
Private sale soft cap: $ 50,000
Private sale hard cap: $ 1,00,000
Public sale soft cap: $ 2,00,000
Public sale hard cap: $ 4,00,000
Token price: $ 0.1(equivalent in USDT,BTC, & ETH)
Token distribution
- Team: 30%
- Private sale: 10%
- Public sale: 30%
- Reserved: 27%
- Bounty and Marketing: 3%
ROADMAP
2019: Concept formation
2019: Whitepaper creation starting
August 2020: Website launch
2021: White paper finalized
April 2021: commencement of private sale round
December 2021: MVP released & marketing campaign
January 2022: commencement of the public sale and product testing
April 2022: Final product release
For more information
Website: https://umachit.fund/
Facebook: https://www.facebook.com/umachitfund
Twitter: https://twitter.com/umachitfund
Telegram: https://t.me/umachitfund
Verification of authorship:
Your Telegram username: @star1929
Bitcointalk Username: ukboss
Profile Link: https://bitcointalk.org/index.php?action=profile;u=1104840
ETH Address: 0xfa1E836C13aE7F1CC889989277556F3F8C3DEA50