Usechain is blockchain network with the dedicated and developing technology of the first mirror identity blockchain ecosystem. It is the first public blockchain building on Mirror Identity Protocol integrating multi-levels of innovation in technology with a structural design. This can be used for breaking the bottlenecks in the development process of the blockchain.
The utilization of Usechain blockchain influences help to break the bottlenecks into the improvement to process giving an infrastructural innovation to the virtual and parallel world later on. This will assemble a personality blockchain framework through a more current innovative basic help for the utilization of investigation in back, utilization, amusement, long range informal communication, diversions, IoT, store network administration, resource administration and social administration by adding more qualities to the character of empowering individuals in making association with the money related specialist organizations. It makes the exchange framework less demanding by Wallstreet with a simple, helpful and moment way.
UST Tokens
The utility tokens of Usechain is known as UST and it is not any kind of digital currency or security, commodity or financial instrument that may go under any such securities, laws or jurisdictions. These tokens can be used for some specific purpose which is not limited to any sort of investment, speculation or other financial purposes. The tokens are neither for sale no can be used for jurisdiction prohibiting the sale or use of cryptocurrency. the tokens doe does not entail any form of rights or limited ownership, distribution rights for limited profits, redemption rights, liquidation rights, exclusive rights of intellectual property rights or other financial or legal rights.
UST Issuance
UST tokens of Usechain issues officially to reward the community developers and supporters effectively. This will support the growth of the ecosystem, enabling the participants using the decentralized applications. The UST tokens are based on ERC-20 with the goal to facilitate the participants to take part in the community. This will build a wide range of participation for the members from the Ethereum communities as accepted.
Usechain will give the framework the help for DApps connected through the various ventures. It can guarantee similar levels o security for protection insurance guaranteeing character blockchain and unknown open blockchain. It additionally can settle the Impossible Trinity from the measurements of personality to achieve an ideal harmony between deal, security, and decentralization. This will bolster the scholarly and business assets even from the best business colleges. As far as setting up new organizations, Usechain will world together with different enterprises drawing in mass clients with a lift to the speedier advancement of the biological community.
The ecosystem will grow into the community with the transition of ERC20 UST Tokens and UST coins when the primary net goes live to protect the interests of participants. Being a faster-growing economy, Usechain will bear thousands of identity-based and credit-based applications in the future. UST can circulate the tokens to the platform for the users as they give the economy the growth for the development process of the ecosystem by the valuation of UST for a continual rise.
UST Distribution
Usechain will release around 20,000,000,000 UST tokens with a plan of distributing it in a certain procedure. From the total amount of tokens, 5% will be reserved for the Marketing and Partner Support, 15% will be for Technical Community Rewards, another 15% will be reserved for the core team, 20% will be reserved for the community rewards and the last 45% will be released for sale.
For Sale: This section involves technical research, hardware and bandwidth cost, projecting operation and marketing of the Usechain platform.
Community Rewards: 35% of UST will be reserved for the community reward to divide into two different parts, 15% for the technical community rewards that is used for motivating for the developers contributing with the technology for the ecosystem. 20% of the community rewards will be used to support the operation of a business model. The distribution rules and process are transparent; distribution can be completed automatically through smart contracts.
Core Team: The team members will provide the product for technical support to reward the Usechain during the early stage. It is the portion of UST for team rewarding to release 25% for 12 months.
Marketing and Partner Support: 5% of the marketing and rewarding partners providing strong support in the processing of promotional and publicity. The other 6% of the UST for the Marketing and Partner Support for the special community-based bounty program.
It is important that the users should have reasonable information to determine the purchase of UST tokens conducting an in-depth analysis of the company.
Website : http://www.usechain.net/
Whitepaper : http://www.usechain.net/usechain_en.pdf
Linkedin : https://www.linkedin.com/company/usechain
Telegram https://t.me/usechaingroup
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1151852