Hi friends, this time I will provide information about a very interesting project for you to know about a new cryptocurrency called UnityFund. Before going to the discussion, I think we all agree that blockchain technology still needs efforts to encourage adoption so that it continues to grow and continue to develop in the future. So for that, let's see a brief review of the UnityFund project below.
Introduction
As the prominence of cryptocurrencies, blockchain and decentralization has grown over the past decade and these concepts have moved further into the mainstream, we’ve seen an exponential growth in their application in typically non-financial domains such as supply chain management by projects like Vechain and Waltonchain, internet of things infrastructures such as IOTA, and in the more recent explosion in the popularity of art tokenization as non-fungible tokens (NFTs).
The adaptation of modern altruism to incorporate decentralization and algorithmic incentivisation mechanisms is a less well explored sector of the market, but one which we believe has a high potential for the creation of significant symbiotic positive outcomes and of an autonomous, mutually-beneficial system that perpetuates the creation of value and its effective redistribution to all members of the system.
While there have been other projects that have tackled this interesting opportunity in various ways, our goal is to build a system that not only sends a % of transactions to charities (where other projects have stopped), but to build a reward-based system of democratic donation allocation that will see each new version of our platform increasing the level of value being created within the ecosystem, and improving the way it is efficiently distributed.
What is the UNITY Token?
UNITY token is the native cryptocurrency of the UnityFund ecosystem, with it allowing for the creation of an ongoing,outonomous, mutually beneficial situation between UNITY token holders and global charitable causes.
Unity Fund has been designed to perpetually generate a yield of 4% for token holders from a tax levied on all transactions. In comparison, the long-term attractiveness of being a part of the ecosystem is boosted with an auto lp of 4.5% of all transactions. As well as this being a tokenomically-attractive community to be a member of, UNITY users also directly improve the broken state of the world in 2021 a little bit at a time by donating 1% of all transactions to global charities.
By taking part in what will bicome largest decentralized crypto-based altruesm network in the work ( which in itself is a reward), the members of the UNITY community that vote each week will be further rewarded with a part of a designated UNITY reward for voters ( voting upcoming in V2).
Goals of UnityFund
The overarching goal of UnityFund is a structural one. As can be seen with any prominent blockchain-based project, the technology itself is only a tool for creating a system that can viably create value and dispense it effectively between the users of the system in order to incentivise growth, the sustainability of the system, and the maintenance of its intended application.
Our goal is the design and implement a system that will simultaneously create value for token holders, incentivising them to continually support the community and interact for personal gain, but also in doing so to create an automatic mechanism for taking a significant amount of the value being created by UnityFund and to redirect that to global charitable causes.
While there are many profound and often unique benefits to applying decentralization to diverse sets of problems, we believe that one of the most significant is the ability to combine the will of large numbers of geographically-disconnected individuals to affect change in a way that aligns with each of their own ideals for the way the world should be, but may not yet be.
The UNITY Token
The UNITY token is the native cryptographic mechanism that is used to store value within the UnityFund ecosystem, and to distribute it to members of the network in a seamless and optimal way.
At its core, the UNITY token represents a combination of the energy of our community, the potential incentives they have to join with us, the ways in which the features of the ecosystem open up new and unique benefits for users, and the byproduct of the incentivisation of being a part of UnityFund, which is the generation of a significant amount of funds that is autonomously distributed to global charities.
The UNITY token represents something else which many projects in the space don’t, which is the opportunity to take part in a community and ecosystem that is designed for longevity, and that realises that the best way to have a positive impact on the world via our project is to make it maximally beneficial for our community to stick with us longterm.
UNITY Tokenomics
4% of every UNITY transaction goes to UNITY holders as a form of passive income, 4.5% is sent to our Pancakeswap pool to continually increase our liquidity, 1% is sent to Binance.Charity to help many different causes and 0.5% goes towards dev, admin and operations.
Token Details:
- UnityFund Token Symbol: UNITY
- UNITY Token Contract Address: (here)
- UNITY Token Network: Binance Smart Chain (BSC)
- UNITY Token Decimals: 9
- Total UNITY Supply: 1,000,000,000
- UNITY Token Circ. Supply After Launch: 420,000,000
Roadmap
- May 2021: Social Media Accounts and Channels Secured.
- May 2021: Initial growth funding generated amongst team.
- June 2021: Whitepaper V1 and tokenomics released publicly.
- June 2021: Contract live on BSC Mainnet. Pancakeswap launch.
- June 2021: UNITY Devs Renounce Ownership of Contracts
- June 2021: 1st Round of Marketing Push, Influencer Engagement
- June 2021: First smart contract audit successfully completed.
- June 2021: First donation made to Binance.Charity
- June 2021: Listing on Coinmarketcap and CoinGecko
- August 2021: UnityFund.Finance V2 Release.
This is what I can say in this article. If you need accurate and reliable information, you can visit their official link, which I have provided below:
Website: https://unityfund.finance/
Whitepaper: https://unityfund.finance/whitepaper-v1/
Twitter: https://twitter.com/UnityFundHQ
Instagram: https://www.instagram.com/unityfundhq/
Facebook: https://www.facebook.com/unityfundhq
Quora: https://unityfundhq.quora.com/
Reddit: https://www.reddit.com/r/UnityFund/
Telegram: https://t.me/UnityFundHQ
Contract: https://bscscan.com/token/0xbBd1FbcCBA8038bB2F3AE15a5ed301BB89A64291
Username: Bidadari_surga
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1011291
BSC Address: 0xBd706dD25c38c5502DbB2B254bFA6bbD54b8F8d3