ICO date: November 09, 2018 - February 09, 2019
Industry: commercial ecosystem
“Decentralized engine for the future” – that’s the ambitious and catchy slogan that sums up the essence of Ultrain, a public-blockchain platform. Ultrain is a full stack decentralized technology and business ecosystem, based on random proof of stake algorithm with added sharding, device ID and optimal crypto algorithms. The efficiency of the net is maximized thanks to a truly decentralized feature and an exceptionally high level of security. The core functionality of Ultrain is a computing service called trusted computing – an innovative service model based on blockchain technology. Incorporating breakthrough advancements in cryptography, Ultrain is characterized by a completely decentralized architecture, Ultra-large-scale network cluster, multi-terminal support and high-performance execution. The vision of the projects’ founders is to free more computing power to create social value for real economy at the same time making sure its blockchain is secure and properly supported.
UGAS is a token that is used to buy processing power necessary for running smart contracts on Ultrain. Similar to the “Gas” of Ethereum, UGAS is a charging and settlement tool for Ultrain. Within the Ultrain ecosystem there are several participant roles which include: the miner, Ultrain development and operation team, DApp developer, DApp user and tokenholders. At the moment the Ultrain community consists of 15 hubs located all over the world, and their number is sure to grow.
The project has a well grounded White paper and an extended list of business partners, including Taihe Maitian, UC Express, Shanghai Mixmarvel Technology, which adds to its credibility.
Founded: 2018, China
|Start||November 9, 2018|
|End||February 9, 2019|
The project has some current vulnerabilities, being dependent upon favorable business, financial, and economic conditions to meet commitments on its deliverables. In the event of adverse business, financial, or economic conditions, the team is not likely to have the capacity to meet its commitments on the project.
Visc January 9, 2019 Reply
Hi, I checked several ICO rating sites and Ultrain has Stable or Stable+ scores mostly. What's your view on investment potential of UGS token?
Ne0 December 24, 2018 Reply
Has anyone installed the official new Ultrain App, they launched on the 1st of January? Need some feedback if it really allows to import wallets on the Ultrain's testnet. I am really afraid to lose wallet access, so if anyone has tried doing that, please drop me a line if it works fine.
Mile$ December 21, 2018 Reply
We list the most relevant upcoming crypto market ICOs from the industry leaders
VMC is a Mobility-as-a-Service (MaaS) project that designed a platform on the basis of the Stellar blockchain that should unify all actors in the field of mobility services. The project is registered in the Dutch jurisdiction and comprised entirely of specialists from this particular country.
12 days left
Housinet is a blockchain startup domiciled in Estonia, although the entire team is made of American specialists in the field of real estate management.
20 days left
VR and Augmented Reality represent the most promising segment of the tech market that has the potential to grow into a $40 some billion industry in just a couple of years...
27 days left
The crypto prices are seeing recovery once again, with Bitcoin (BTC) once more crossing the $8k mark. While a number of analysts attempted to warn the investors and traders of Bitcoin's impending drop, no such development has occurred as of yet.
28 days left