Uniworld (UNW) tokenomics
What is the Uniworld Token (UNW)?
Uniworld coin (UNW) is a native token on the Unichain network — Blockchain platform of the Uniworld ecosystem. UNW powers the Blockchain network and the applications built on it.
Unichain Network is an open source platform with high scalability, low cost, easy to use for developers.
Unichain network uses DPOS Hotstuff consensus mechanism, delegation and vote of UNW token holders ensures democracy, encourages the growth of Validators
What is the function of UNW?
- For user & Developers: Use UNW to pay fees for transactions, Create tokens, build Dapps. Applications such as DeFi Protocols (DEX, Lending & Borrowing, Synthenic, Stable coin…), NFT (Marketplace, Gaming, Artist…)…
- For validators & voters: The network is operated through Witness nodes, the node owners (validators) will receive network rewards (UNW).
Holders can also participate in this process to receive rewards by locking and delegating witness nodes through voting mechanism.
Specifications
Token name: Uniworld
Ticker: UNW
Blockchain: Unichain
Token Standard: Native token — coin
Explorer: https://explorer.unichain.world/home
Circulating: 217.602.030 UNW
Total supply: 1.000.000.000 UNW
UNW token allocation
On June 4, 2020, at 07:51:36 (GMT+0), 1.000.000.000 UNW coins were minted.
Detailed token allocation ratio (statistical data updated on October 6, 2021):
Ecosystem: 62%
Seed round: 8%
Private sale: 0,5%
Public sale: 0,3%
Marketing: 10%
Foundation: 12%
Advisor: 3%
R&D: 4,2%
UNW token sale
Token Release Schedule
The private and public sale rounds have been unlocked for investors.
Over the course of five years, the seed round, foundation, marketing, advisor, and R&D are gradually unlocked.
The ecosystem accounts for the largest proportion and will be used in 10 years to 2030.
December 7, 2021
Uniworld team
