TokenUnion Best way to store crypto

jimmydvd (36)in #blockchain • 6 years ago (edited)

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TokenUnion Best way to store crypto

Bitcoin is one of the most famous cryptocurrencies in the world. Cryptocurrency itself is a digital currency that uses encryption techniques to regulate each new currency unit and verify every fund transfer that occurs. This digital currency operates independently without central bank intervention.

Although Bitcoin is the most widely discussed cryptocurrency, there are actually many cryptocurrency types in the world. Bitcoin (BTC) is the first cryptocurrency and is touted as the best. BTC was created by Satoshi Nakamoto and launched publicly in open source in 2009. The total circulation of the amount of Bitcoin has now reached 14 million. Starting from the growing Bitcoin, more and more applications that support bitcoin and other coin, one of them is a TokenUnion.

TokenUnion is a decentralized app that automatically rewards you for holding EE or ERC20 tokens. And TokenUnioun has several advantages given to its users, among others are :

Distribution of the right gift entirely

After depositing a token in their Holding Contract, the user agrees to pay UNI static fees, our original tokens, when they wish to withdraw. When a user pays a fee, smart contracts programmatically distribute costs among all network participants in return, in proportion to the percentage of Total Network Value (TNV) they represent.

Everything is decentralized and fair

TokenUnion Network has no connection with the central authority to function. It operates completely on its own, based on conditionals that have been specified written into the code. This will work as intended during the existing Ethereum blockchain.

Get a chance gift

Users send tokens into their Holding Contract and earn rewards in the same token denominations they hold.

Get prizes in the same token that you own

User-received prizes are converted to the same token they hold in Contract Holding via Bancor. For example, if you receive 1,000 UNI as a gift and hold 60% BAT and 40% OMG, UNI's 600 UNI and 400 UNIs worth of OMG will be saved back into your Holding Contract, increasing the size of the underlying position.

How TokenUnion works
See how TokenUnion works under designated machine control :
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You can see your ownership of assets, not like you did before
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View your Holding Contracts in real time through the TokenUnion web app and the mobile app.

The team is experienced and they have done it before.

The TokenUnion team has built dozens of products, from Stanford, Princeton, Columbia, University of California, Carnegie Mellon, NYU, and has worked on Amazon, Goldman Sachs, Earn.com, JP Morgan, Coindesk and AngelList.