TokenUnion: you can get rewards for your trust.

TokenUnion is a decentralized application that automatically rewards you for hosting an Ethereum or ERC20 token on a TokenUnion holding contract. And it creates a financial incentive for HOLD. You can think of this as a savings account for a crypto currency. You get a reward when one of the users makes manipulations with its account not under the contract, and it is prescribed in the hold-contract of the resource users.

TokenUnion will become the savings resource of your cryptocoins and will be rewarding you for all the time using the resource just because your trusting the platform. Tell me, where is such proposal in the financial sector of the economy today? And I do not know. TokenUnion is not a bank. But do you need it if the modern banking system is so unconvincing and does not inspire a confidence. Actually, I am very pleased with the appearance of this resource, as there is experience of magical loss of funds from my accounts, when neither the bank nor the deposit insurance played any role in protecting my interests.

Something good about the TokenUnion.

Tokenunion is a decentralized system on the blockchain, where participants receive an automatic reward for possession of the tokens. The new crypto will have a high level of security for the developers assurances. Users are offered a wide range of features in the application. By the way, yes, it will be an application for mobile and http version of the wallet. Users can store their crypto currency and easily manage it on this platform. The platform will combine various coins of the standard ERC 20. TokenUnion is considered the best way to store crypto currency. Why? This is a multi-currency safe wallet. The well-organized financial support of the system stimulates users to a financial holding of funds. Just think! It is a saving crypto-account. It is safer than any insurance and cell in any bank. Incredible!

Get a reward for storing the currency.

It is a fully autonomous exercise of remuneration. When the storing of a token is in its hold-contract, the user agrees to pay a static commission to complete the storage process. When a user pays the commission, the smart contract automatically distributes the share among all network users as a reward. The system of rewards is well thought out. Creators of the project argue that the owners of TokenUnion will receive regular compensations. How is it known? Probably, it is obvious ... Who will be uninteresting to receive money from the deposit without making any actions independently ...

The engine of this system is the crypto currency, in which there are its rules of the game and the reaction to the market. It differs from centralized financial institutions. Many of people have already understand all the advantages of using crypto currency and noticed its unusual movement towards development and solving users problems. When you make your choice in favor of a crypto currency, you have at least two questions left from your head: it is the security of currency storage and it is the security of transactions. But TokenUnion had moved on in the development of the blockchain. In addition this resource offers you to get rewards for choosing TokenUNion as a savings agent for your funds and for remaining an active user of it to guaranteeing a security and a protecting your funds.

Such risky methods of earnings as a trading and a mining are not used here. Imagine that you made a contribution to the bank, and it thanked you with passive accruals in gratitude that "you are with us")). It is an earnings remuneration. The user sends tokens to his hold contract and receives a reward. The reward is in the same tokens in which money was contributed. It is a complete decentralization and fair system. The TU network does not rely on centralized forms of management, it operates completely autonomously, based on the conditions prescribed in the code. This is a decentralized savings coin purse where money is dripping. So, you can take it at any time convenient for you.

How does the system work.

All of that starts with joining the network. The user opens the Hold contract of the etherium network through the TokenUnion service. Then he sends his broadcast or any token of ERC 20 standard to this contract. The platform allows each token holder to receive, to store and to manage tokens at his discretion at any time. The user must agree with the terms of the contract and make their savings to become a member of the system. The system automatically distributes a certain amount among all participants of the TokenUnion, while it receipts of funds for a smart contract.

The UNI internal program token was created in order to ensure the autonomy and efficiency of the network, which acts as a commission at the time the user witdraws his funds from the account. This commission serves as a reward to the participants of this system for the fact that it continues to use it. Charges are made in UNI tokens and can be converted to any currency based on bancor. Bancor is a system of converting a crypto currency into another currency without intermediaries at an automatically calculated price. The funds are returned to the deposit in the user's holding contract, while its base position size is increased. Interaction with other users occures in conditions of completely transparency, security and trust. The system works by conditions that are prescribed in the code. And it will work in cooperation with the blockchain giant, Ethereum and as long as this coin will work.

A withdrawal.

Coins are stored in smart contracts. The withdrawal of funds is carried out by sending funds to the UNI contract. The user receives the stored tokens back to their wallet immediately after its sending. The payment is made at Reward DAO to distribute the reward between the network members.

A redistribution.

UNI tokens are distributed in equal proportions between all network participants holders of UNI tokens through reward DAO.

A convertation.

Tokens are easily converted into any tokens available to the bancor system.

Features:

Uni Token gives you the ability to access the service through a web application and mobile application, in which you are given full control over your holding contract. The user of the system places the deposit in the currency of the air or any other currency of the ERC 20 format and enters the network. This currency in the system of token Union is converted into a universal token UNI. When withdrawing funds from the token Union account, the user returns token UNI in his holding contract and at the withdrawal of funds receives coins in the originally entered currency. The commission for the withdrawal of funds is transferred to the general distribution of the reward reward DAO. The value of the UNI token will also increase with the growth in demand for this product. This will give you additional rewards. Thus, the longer you store your valuables on TU smart contracts. It will make your profit greater.

The project team.

Shayne Coplan is the executive director.
Ryan Hendricks is a developer of Lead Solidity.
Samuel Mlodezeniec is the developer of Blockchain.
Jared Madfes is a production manager.
Sean Park is a software developer.
Terry Li is a blockchain developer.
Mark Barrasso is a security engineer.
Brendon Latteri is a marketing expert.
Yash Patel is a developer of Solidity.

Project Advisors:

They have the architector of the Etherium, the adviser to Bankor, The Cash, Polymath, the founder of Oracle's crypto currency, the former SEC specialist, the first investor in Twitter, and the specialist from Deutsche Bank.

Partners of the project:

Bancor;
Forbes;
Alchemist;
Product Hunt;
CryptoOracle.

My view.

So, you have several coins of "ether" or others, and you can put them in TokenUnion for saving and safekeeping from fraudulent operations. But! TokenUnion is not a bank and certainly not an insurance company. What is this? This is a new attitude to saving and security of currencies. What is the difference? The technologies have advanced so far that the system is able to function independently. If the program is successfully launched and the settings of your wallet are profitable for you, the question of the safety of your coins is removed from you. How does this happen, in the ordinary language of the man in the street? It is a living ecosystem of currencies that develops and moves. And its development provides users with both security and reward, and is able to provide itself by investing in such a useful product.

References to the official services of the project:

Website Link: http://tokenunion.io/
Telegram Group: https://t.me/tokenunion
Twitter: https://twitter.com/TokenUnionIO
Facebook Page: https://www.facebook.com/tokenunion/
Reddit: https://www.reddit.com/r/TokenUnion/
Linkedin: https://www.linkedin.com/company/tokenunion/
GitHub: https://github.com/TokenUnion/
AngelCo: https://angel.co/tokenunion
Medium: https://medium.com/@tokenunion
Whitepaper: https://docsend.com/view/hj4tdrk