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U IS FOR UNIDEF — AND UNIVERSAL ADOPTION.Over a year ago, we established Unidef with the goal of accelerating the world's transition to a decentralized future. U represents more than just Unidef; it signifies Universal Adoption. Today, we are taking the first step on this journey towards widespread acceptance.
THE POWER OF ONE.Unidef Coin (U) embodies our vision. As a utility token, U is the key to unlocking the vast and interconnected global networks of Unidef, as well as any projects invested under the Unidef umbrella.
TOKENOMICS.Unidef Coin (U) was launched on July 20, 2022, with a fixed lifetime supply of 999 billion U tokens created on the BNB chain, with no ability to mint more. Therefore, the total supply will never increase but will decrease over time through various burning mechanisms. The current distribution of tokens is as follows: 14% allocated to an Initial Ecosystem development fund, 3.4% to an emergency fund, 33% to the main Ecosystem Development Fund, 20% to Unidef, 9.6% to launch contributors, and the remaining 20% will be burned.
FOCUSED ON ADOPTION.Our commitment to the decentralized future extends beyond our organization. Unidef Organization actively collaborates with numerous crypto businesses, assisting in the development of use cases and widespread acceptance of their native currencies among Unidef and its partners. This enables global adoption and impact. As the Unidef ecosystem expands, U's influence on the new economy and Web3 will become more prominent.
U FOUNDATION.Unidef Coin (U) is a Decentralized Protocol supported by a global community of individuals, organizations, technologists, and forward-thinkers dedicated to expanding participation in and access to a Decentralized Future. The U Foundation serves as the steward, supporting and growing the Unidef Coin community until it becomes self-sufficient. UDL launched Unidef Coin and currently advises the Foundation.
Unidef Coin aims to achieve global-scale alignment. The journey ahead will be challenging, and the outcome is uncertain. However, finding new ways to empower the world to take ownership of its finances, data, and identity, and participate in a decentralized future, is a critical challenge of our time. We invite you to join us on this journey.
Unidef Coin (U) is not intended for individuals or companies who are residents of, located in, incorporated in, or have a registered agent in the United States or other restricted territories. For more information about these restrictions, please refer to the Unidef Coin Terms of Use.
Yours in Decentralization,
U Foundation
Member of the Unidef
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What is the description of the coin?
$U is the BEP-20 utility and governance token of Unidef DAO, a community that aims to support various projects in the decentralized economy, crypto, NFT, and Metaverse.
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