Uchit; A Peer to Peer Communication and Collaboration Platform
Uchit; A Peer to Peer Communication and Collaboration Platform
Blockchain technology has enhanced the way people live and interact with one another. We cannot speak of “interaction” without considering “communication”. Hopefully, in a couple of years, we won’t be able to talk about “communication” without mentioning “Uchit”.
Right now, we’ll concern ourselves with the basics;
Right now, we’ll concern ourselves with the basics;
WHAT IS UCHIT?
Uchit is a peer to peer (P2P) distributed collaboration and communication platform that was created to enhance the way in people communicate. This include communication with an audience and collaboration with team members.
Using the Blockchain network, not only does Uchit skip the middleman and allow users exchange information directly, it also uses the Ethereum ecosystem as the main platform for processing its transactions.
Uchit will function as a completely decentralized exchange for transferring data and value through the encryption of communications on Blockchain and enabling nodes to communicate directly. This is expected to allow users communicate and collaborate at will.
Using the Blockchain network, not only does Uchit skip the middleman and allow users exchange information directly, it also uses the Ethereum ecosystem as the main platform for processing its transactions.
Uchit will function as a completely decentralized exchange for transferring data and value through the encryption of communications on Blockchain and enabling nodes to communicate directly. This is expected to allow users communicate and collaborate at will.
UCHIT’S P2P NETWORK; HOW IT WORKS
The first step is to connect the peers to perform the basic application of communication which include text chat, voice chat, and video chat. After a connection has been established between the peers and they can communicate, it becomes easier to collaborate. This include;
• Sharing Files
• Using the same programming project folders and editors
• Share screen. Etc.
• Sharing Files
• Using the same programming project folders and editors
• Share screen. Etc.
Basically, the platform brings everyday communicate to the worldwide free market and makes it possible for users to easily find people. That’s not all, users will be able to freely text chat, video chat, voice chat, share files, share screen, host webinars and meetings.
Furthermore, because the platform is a decentralized one, users don’t have to worry about government interference or strict regulations. The goal of the team behind the platform is to revolutionize the way the world thinks about communication. Uchit is supposed to eventually become the leading file sharing platform across the planet.
Furthermore, because the platform is a decentralized one, users don’t have to worry about government interference or strict regulations. The goal of the team behind the platform is to revolutionize the way the world thinks about communication. Uchit is supposed to eventually become the leading file sharing platform across the planet.
UCHIT TOKENS
Uchit tokens, with the ticker name UCHT, are at the core of the platform’s incentive protocol. Users of the platform will have to use the UCHT tokens to enjoy services such as;
• Hiring people to get into teams
• Requesting files from people
• Requesting communication with people
• Buying templates from Teams
• Hiring people to get into teams
• Requesting files from people
• Requesting communication with people
• Buying templates from Teams
Therefore, accumulating UCHT is a matter of selling templates and assets on the platform. Users can also get UCHT by responding to communication and joining team requests. Basically, users can earn this virtual currency anytime they communicate and collaborate.
Of course, users will be able to acquire it from various cryptocurrency exchanges across the web. UCHT will be directly exchangeable for Ethereum.
Of course, users will be able to acquire it from various cryptocurrency exchanges across the web. UCHT will be directly exchangeable for Ethereum.
UCHIT; THE APPLICATION AND FEATURES
As said earlier, Uchit is a communication and collaboration hub that was developed based on Blockchain technology. As such, its application extends to individuals, professionals and business entities. The platform was developed for;
• Personal use. For example communication with friends
• Professional use. For example collaboration for musicians, communication between investors.
• Enterprise use. For example hosting meetings and webinar.
• Personal use. For example communication with friends
• Professional use. For example collaboration for musicians, communication between investors.
• Enterprise use. For example hosting meetings and webinar.
The platform will also serve as a marketplace where users can find professionals, hire them or form a team. Furthermore, users will be able to find pre-made templates or assets to start their projects.
THE UCHIT TOKEN
The first thing you should know about Uchit tokens is that, they are ERC20 standardized and are used to power movement on the network. Also, users will have the opportunity of earning tokens through the use of core features of the platform.
In order to distribute the UCHT tokens to the market, a UCHT ICO crowd sale will be held. This event is supposed to help the developers behind the platform obtain the fund required to further the development of the application. The fund will also be used to maintain standard business functions.
According to the whitepaper, users are advised not to purchase UCHT tokens during the crowd sale for the purpose of profit. Rather, they should see if for what it is, a coin that can be used on the Uchit network. This is because the value of the coin can change at any time.
UCHT has no intrinsic value. That means the value is not backed by anything but market speculations and its use on the network and platform.
According to the whitepaper, users are advised not to purchase UCHT tokens during the crowd sale for the purpose of profit. Rather, they should see if for what it is, a coin that can be used on the Uchit network. This is because the value of the coin can change at any time.
UCHT has no intrinsic value. That means the value is not backed by anything but market speculations and its use on the network and platform.
UCHT INITIAL COIN OFFERING
The amount expected to be raised from the Initial Coin Offering is $50,000,000 (approximate value) or 60,000 ETH (fixed value) and the soft cap is $5,000,000. UCHT developers intend to raise this amount of money from a total token supply of 712,350,000.
The ICO is supposed to be in two stages. The first stage, pre ICO is starts on the 1st of May, 2018 and lasts the whole month. Individuals that participate in this stage of the event are entitled to a 20 percent bonus.
The ICO is expected to begin on the 1st of June 2018 and end on the 30th of the same month. Unlike the pre ICO, individuals that participate in the Initial Coin Offering are supposed to enjoy a 5 percent bonus. The token distribution is outlined below.
The ICO is expected to begin on the 1st of June 2018 and end on the 30th of the same month. Unlike the pre ICO, individuals that participate in the Initial Coin Offering are supposed to enjoy a 5 percent bonus. The token distribution is outlined below.
DISTRIBUTION OF TOKENS
The largest percentage of the tokens, exactly 65 percent is expected to be used for the community. This include the Initial Coin Offering event and the pre ICO, including the token spent in the network and platform.
The founders and team behind the project are expected to receive 10 percent of the total token supply, while 6 percent goes to the partners of the project. The advisory board and promotion are expected to share 10 percent of the token, with 2 percent of it going to promotion and the larger percentage allocated to the advisory board.
Another 8 percent will be reserved while the final 1 percent will be used for bounty campaign.
The founders and team behind the project are expected to receive 10 percent of the total token supply, while 6 percent goes to the partners of the project. The advisory board and promotion are expected to share 10 percent of the token, with 2 percent of it going to promotion and the larger percentage allocated to the advisory board.
Another 8 percent will be reserved while the final 1 percent will be used for bounty campaign.
FUND DISTRIBUTION
Fifty-three percent of the fund is going to be used to further develop the project, while another 29 percent will be used for branding and marketing. IT infrastructure is supposed to receive 12 percent of the fund and 4 percent goes to financial overhead and legal services.
Finally, 2 percent of the fund will be reserved for miscellaneous things.
Finally, 2 percent of the fund will be reserved for miscellaneous things.
THE FUTURE OF UCHIT
The aim of the platform is easy, to make it easier for people to find other people. Individuals will be able to connect with each other, form a team, hire other people and work together. Uchit was created to ease communication and collaboration.
Furthermore, the developers intend to create more tools based on the needs of the community and the industry.
In addition to this, they will be developing APIs to enable other platforms integrate with the services provided by Uchit. For example, game users will be able to use the voice chat feature provided by the Uchit platform.
In addition to this, they will be developing APIs to enable other platforms integrate with the services provided by Uchit. For example, game users will be able to use the voice chat feature provided by the Uchit platform.
Source
Website: https://uchit.info/
Whitepaper: https://uchit.info/Uchit-Whitepaper.pdf
Twitter: https://twitter.com/Uchit_coin
Telegram: https://t.me/joinchat/DZmddhD1kcq60aOeK_EAhQ
ANN Thread: https://bitcointalk.org/index.php?topic=3160710.0
Whitepaper: https://uchit.info/Uchit-Whitepaper.pdf
Twitter: https://twitter.com/Uchit_coin
Telegram: https://t.me/joinchat/DZmddhD1kcq60aOeK_EAhQ
ANN Thread: https://bitcointalk.org/index.php?topic=3160710.0
BITCOINTALK PROFILE ;
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