Our goal is to build a self-sufficient crypto ecosystem for crowdfunding which is independent and therefore resistant to the negative impact of the external environment. In order to achieve our goal, the Unify platform is based on four core foundations:
UNIFY COIN
Created in June 2017, Unify Coin will be useable for financing projects via the Unify Crowdfunding platform and will also be used as the payment method for the Unify Market. Unify Coin is already usable on multiple exchanges and has dedicated wallets.
UNIFY TOKEN
The token will be compatible with ERC20 supported wallets, usable on exchanges and spendable at Unify Market. Funders will get a certain amount of Unify Tokens in return for a successfully funded project.
UNIFY CROWDFUNDING
Unify is a crowdfunding platform which utilizes cryptocurrencies. Funders will be able to support the project with Unify Coin. Alongside incentives for donating from the developer, funders will get a certain amount of Unify Tokens in return for a successfully funded project.
UNIFY MARKETPLACE
Unify will be a cryptocurrency based marketplace where you can buy and sell crowdfunded projects as well as other products with alternate cryptocurrencies.
Unify is a Proof of Stake (PoS) based coin. Fast, simple, efficient, safe. As a PoS coin, one node is chosen to process the transactions, and other nodes will verify the block. In order to penalize any attempts at cheating, the node's owners must lock some of their coins in a virtual safe (staking) and this stake will be forfeited if any funny business is detected. The more coins you stake, the more likely it is you will be chosen to create the next block. At this moment the reward is 1 Unify coin per block. Proof of Work (PoW) coins keep the blockchain alive through mining, which is the process of solving complex math problems to verify transactions. The mining process unnecessarily consumes energy, puts computing power to waste, and is limited to those who have the hardware to mine.
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