What Is United (UTED)?
The UNITED (UTED) ecosystem enables cryptocurrency owners to start using their cryptocurrencies in their daily lives. According to the whitepaper, the platform allows people to make fast, borderless transactions and trade any goods and services, from low-end items like groceries to high-end items like real estate. The platform aims to create a sustainable cryptocurrency that can be used effortlessly for everyday purchases of all types of goods and services.
In the crowdfunding platform U-Cube’s project, United Token owners can trade their cryptocurrencies for real estate, support crypto robots, green energy projects, and more. Users who trade their tokens in crowdfunded projects create two revenue streams. One comes from the price growth of United Token as the community develops, and the other comes from the project.
United is built on the decentralized TRC-20 protocol, which gives users complete control over their funds. TRC-20 is a technical standard for smart contracts on the TRON blockchain to implement tokens through the TRON Virtual Machine (TVM). TRC-20 is fully compatible with ERC-20. Larger communities mean stronger market demand, and thus the market demand is higher because the number of federations is restricted. The platform is meant to foster confidence and make every effort to ensure that there is no cause to convert cryptocurrency back to the traditional currency. United owners can utilize their cryptocurrency to buy goods and services on a daily basis.
United Tokens aren't securities, and they don't have a set value. Users who own the United coin can use the token within the United ecosystem or trade on public cryptocurrency exchanges. TRON, TRC-20 protocol is used in a user-friendly shared wallet for rapid transactions all around the world. Users can keep their BTC, ETH, TRON, and UTED in one wallet. The wallet is available in nine different languages and four distinct traditional and cryptocurrencies. A new wallet is being developed with an internal exchange platform and debit card functionality.
History of United (UTED)
Kent Kruusmaa is the founder and the CEO of the United platform. The other team members include Lina Triana in management, Johnatan Leyva, and Johan Alarcon in IT support. The total supply of the UTED token is 1 billion.