UnitedCrowd - Let's Tokenize The World

By adriaparcerisas | ICO Reviews | 26 Jan 2021

Introduction

Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.

An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.

Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.

For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.

Moving to the topic, the project I'm going to present you is UnitedCrowd (https://unitedcrowd.com/), a full-service partner for digital corporate fundings.

Definition

In more detail, UnitedCrowd is a company that supports you from the beginning with profound expert knowledge, smooth processes and sophisticated technology. This leaves you with more resources for the development of your company. The main features are in the following table:

How it works

UnitedCrowd provides you with a digital financing tool tailored to your needs. Its online platform enables you to acquire investors worldwide, attract customers and expand your community. We lead your company into the digital future – legally secure, individual and affecting the public. The platform integrates lots of interesting and useful functionalities. Here I put some of them:

Furthermore, UnitedCrowd issues digital financial products, for corporate finance for instance. The range of their tokenization serves includes existing financial products such as securities, investments, etc., as well as physical assets and new financing models.

Bounty program

The project gives the opportunity to earn UCTx tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Thread here (BTT_Thread_UnitedCrowd), where you can access the link in order to see what are the conditions to become an early UnitedCrowd contributor and start acquiring tokens.

For more information about the project, you can visit and read their Twitter page available here (unitedcrowd_TWT). You can also stay tuned in their official Telegram Channel (unitecrowd_tg). I hope you liked the post and soon I'll send you new ones.