TokenUnion ico review - it is Best way to store cryptocurrencies and get rewards.

in #blockchain6 years ago

|| Introduce for Tokenunion ICO

TokenUnion is the newest decentralized platform that allows you to store your crypto-currency funds with Ethereum (ERC-20) technology and accumulate additional revenue. In other words, the more your contribution to the account, the more interest you get from it.

|| It is beter way to store cryptocurrency

Earn rewards.

Users send tokens into their Holding Contract and earn rewards in the denomination of the same tokens they hold. Set it and forget it.

Fully autonomous reward distribution.

Upon storing tokens in their Holding Contract, the user agrees to pay a static fee of UNI, our native token, when they wish to withdraw. When a user pays the fee, a smart contract programmatically distributes the fee amongst all network participants as a reward, proportional to the percentage of the Total Network Value (TNV) they constitute

||Platform Advantages

The first and most important thing is getting rewards for storing crypto currency in Holding Contract.

The platform is set up to make it possible to convert UNI for any token that supports TokenUnion. You can exchange them at any time with the help of a manual or selected offline action. For the work platform chose the network Bancor, through which the conversion will take place instantly, and also use this network will be as a decentralized oracle pricing to determine the price in real time.

The team says that it constantly monitors the updates of the decentralized market and in the future can integrate with any solution that it deems appropriate for its platform. Why is it good? Because this indicates that the team is open to further development and will try to make the project as comfortable as possible for its users. Is this not the most important thing?

Automatic and fair distribution of rewards between users.

Getting rewards in the same currency that you keep, you do not have to exchange it in addition.

TokenUnion uses an innovative TVT model, in which you are paid for the fact that someone will withdraw money. There is a fixed price, a certain commission, which is charged from the user withdrawing his funds. This amount is distributed among the participants. The fee corresponds to the market rate of UNI at the time of distribution of 5% of the cost of tokens based on Ethereum.

Get rewarded in the same tokens you hold.

The rewards a user receives get converted to the same tokens they hold in their Holding Contract via Bancor. For example, if you receive 1,000 UNI as a reward and hold 60% BAT and 40% OMG, 600 UNI worth of BAT and 400 UNI worth of OMG will be deposited back into your Holding Contract, thereby increasing your underlying position size.

Completely decentralized and provably fair.

The TokenUnion network does not rely on a central authority to function. It operates entirely on its own, based on predetermined conditionals written into the code. It will function as intended for as long as the Ethereum blockchain exists.

|| How does the platform work?

1.Create Holding Contract (this can be done through the site of the platform).

User deploys their holding contract to the ethereum blockchain via the tokenunion web interface and sends ether or ERC20 tokens to ti.

  1. Withdrowal

To withdrew . the user sends UNI tokens to their holding contract ,one sent the user receives their stored tokens bock in their wallet and the fee is sent to the rorward DAO for distribution.

  1. Redistribution

UNI tokens expanded in the withdrawal fee are distributed proportionally amongst all tokenunion network participants via the reward DAO.

  1. Conversion

UNI tokens are instantly convertible to all tokenunion supported tokens via Bancor

|| Team Members

The founders of the TokenUnion project are a young, ambitious team with common goals, which already has the experience of creating large projects. Despite the fact that some members of the team are still significantly younger, they already have experience in developing software. In addition to the main team members, the TokenUnion project is helped to develop advisers - professionals with vast experience.

|| Advisers


|| Conclusion

TokenUnion project though has a complex management structure, but you can use the site to combine efforts to make profit from a lot of ERC20 standard tokens. This platform makes use of the interfaces from different tokenized asset Concords to provide an unmatched level of interoperability for storing tokens. The token independently rewards users of TokenUnion in a similar currency that the user holds. TokenUnion offers a new dynamic for the token economy future.

With more information:

Website:http://tokenunion.io/

Telegram: https://t.me/tokenunion

Whitepaper: https://docsend.com/view/hj4tdrk

Twitter: https://twitter.com/tokenunionio

Github: https://github.com/tokenunion/

Reddit: https://www.reddit.com/r/TokenUnion/

Prepared by:
Bitcointalk Username: Luky147
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1547972;sa=summary
Eth address : 0x65510EA7bB0618d48c0Ac5a3941760c96ECcda3C

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BATBasic Attention Token0.190$-7.54%-29.44%
BNTBancor3.148$-5.76%-24.55%
ETHEthereum473.635$-4.27%-21.82%
OMGOmiseGO8.737$-3.7%-21.5%

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