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ABOUT UNION
Union is an ecosystem for joint savings in Blockchain
Implementation Union Union will serve as a platform for the provision of financial products based on social capital, trust and liability. It will work on the Ethereum blockchain technology to provide autonomous intellectual contracts that will facilitate loans and savings without intermediaries.
Union has expertise in the offline community loan system and also in generating online financial services in the lending sector. We want to take our services to another level to give our platform users the best experience by leveraging the power of blockchain technology and smart contracting systems to improve the peer-to-peer lending process.
Vision Union
The Union's vision is to capitalize on trust, commitment, and social capital to create a democratic financial ecosystem on block-chain technology for bound individuals and no bank accounts.
Union Pool
Decentralized Platform for Collective Investment Schemes. Smart contract to automate the process of saving and loan among trusted friends.
Social Commitment Union
Individuals in the platform can make a commitment contract, and upon successful completion of the contract, individuals can receive a positive score on their social status.
Target Customer
India's Millennium Population ~ 400 Million.
Union Lending Authentication (ULA)
Algorithms for calculating social standing scores based on various factors such as timely payments from participating Union Pool, fulfilling union social commitments, social media accounts, etc.
Union Advances (UA)
Smart contract to automate the entire billing discount process. Individuals who discount their own company's bills or on behalf of the company, will be able to increase their social standing score in the Union to get better loan terms, and discounts.
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The Union's first initiative is to place a Joint Investment Scheme, also known as a trusted loan circle, or the Credit Rotation and Savings and Loans Association (ROSCA) on blockchain. Collective investment schemes are used worldwide to lend and save money in society, to support each other financially.
ICO Structure
Crowd Sale 80%
Union Team 10%
Marketing Expenses 8%
Testing and Bounties Bug 1%
Initial Investor 1%
Budget allocation
40% 25% 12% 12% 7% 4%
Platform and Product Development 40%
Infrastructure and licenses 25%
Marketing Expenses 12%
Overhead Cost 12%
Testing and Bounties Bug 7%
Possible 4%
ICO Information
Name Token UNION (UNI)
Max Token Number 200,000,000
Start Date Token Sale 01-05-2018
End Date Sale Token 31-07-2018
Maximum limit of $ 5,000,000
Token Rate 1 UNI = ~ $ 0.03125
Token Received BTC, ETH, LTC
The minimum amount is 0.1 ETH
Type of Contract ERC20
Bonus program ya ya
Token sales will be 2 months (60 Days), starting May 1 through June 29, 2018 or when a targeted funding value of 5,000,000 USD is reached, whichever is earlier.
Pre-Sales Token: There will also be pre-sale of the UNI token prior to the launch date, also known as Pre-Sales. People participating in Pre-sales will be eligible for special discounts in the form of additional discounts, as agreed. This will be the basis of the invitation only, but there will be a minimum number of tokens that need to be committed in order to qualify for pre-sales.
FOR YOUR COMPLETE INFORMATION YOU CAN VISIT LINKS BELOW:
Author AB3S
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