UnitedCrowd’s token (UCT) will be listed on Bitcoin.com on July 1 at 2.00 pm (UTC+2). Bitcoin.com will be the third platform to buy and sell UCT, after Latoken and Uniswap.
UnitedCrowd is a decentralized ecosystem that connects real-world asset projects with smart contracts on the blockchain, and creates financial technology solutions for startups while reducing risks for investors. UnitedCrowd offers the utility advantages of tokens that generate additional yield through decentralized finance protocols.
The business-to-customer platform enables users to stay in control of their finances, get cash flow from tokens and unleash the potential of DeFi. Users are able to provide liquidity, buy and stake tokens, participate in governance and lotteries, and receive rewards through social activities.
At the same time, UnitedCrowd is a business-to-business software provider which has developed a framework for the tokenization of multiple asset classes, which will then be released on the platform. Thus, the framework allows for the automatic creation of financial products in compliance with international regulations on the blockchain.
UCT is a governance token used in the ecosystem, allowing all token holders to make important decisions within UnitedCrowd. In addition, UCT tokens are used to incentivize behavior that is beneficial to the community. Furthermore, token holders will get the chance to support exclusive projects via the UnitedCrowd platform.
The community benefits from the following UCT use cases:
Governance voting demands UCT for on-chain votes made by the community to enact protocol changes, as well as allowing UnitedCrowd actions such as providing grants from the UnitedCrowd Treasury or burning UCT.
Liquidity pools are rewarded with a share of the transaction fees collected on the pair they support and are additionally rewarded with staking incentives.
Staking vaults that reward UCT to liquidity providers and protocol fees for participation in governance.
Token holders can receive social rewards for supporting the token and the community through social activities.
Strong token holders have a higher probability of receiving preemptive rights in lotteries and benefiting from exclusive projects.
In addition, UnitedCrowd has implemented a token repurchase program. As part of the program, UCT will be bought back by UnitedCrowd and held by the treasury.
The UCT token includes a deflationary mechanism that uses a toll bridge token burning mechanism and transaction burning options.
Bitcoin.com has been at the frontier of the crypto ecosystem since 2013. Roger Ver, CEO of Bitcoin.com, is one of the first Bitcoin (BTC) investors and is also known for having invested in Ripple, BitPay and Kraken in their early startup phases, among other things. He dedicated Bitcoin.com to the growth of the Bitcoin network and thus contributed to the flourishing of the crypto scene. At present, Bitcoin.com has reached a daily trading volume of $2.5 billion, and offers more than 80 trading pairs, 24/7 multilingual support as well as a high level of security for any cryptocurrency trading.
With its listing on Bitcoin.com, UnitedCrowd has achieved another goal and will further increase its coverage.
Find out more about UnitedCrowd here:
UCT Linktree: https://linktr.ee/unitedcrowd
UnitedCrowd platform: https://app.unitedcrowd.com