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VerifyUnion (UC)

Identity & Reputation

Overview

VerifyUnion is a decentralized Digital Identification and Trust Verification platform with a Social Scoring Engine. VerifyUnion encourages digital users to get verified and earn incentives in tokens (UC Coins) which can be utilized in the VerifyUnion Ecosystem.

Features

By developing the ecosystem for VerifyUnion: Users get total control over the verification process and the data being shared for Trust and Social Identification. Government authorities, Financial Institutions and Corporates can use this system whereby user Identification and Trust can be made possible with user authentication in real time in a cost-effective manner. Evaluators can benefit by evaluating the identity of a user and getting rewarded in UC Coin tokens, and they can use the Blockchain system to alter the price for evaluation and badging in real time. Service providers who need the verification can get all the required records (after user authentication) in a single platform rather than going to multiple agencies, which reduces their verification costs significantly.

Technical Details

UC Coin serves as a mode of payment in the VerifyUnion platform and it is used in the reward program to pay our Evaluators and users. This is defined by the Smart Contract that is predefined and agreed upon by both user and Evaluator, which is addressed by the Consensus of the VerifyUnion participants.

Crowdsale

ICO
ICO start date 01 Oct 2017
ICO end date 01 Nov 2017
Raised 2,500,000 USD
Legal
ICO Platform No
Token details
Ticker UC
Additional Token Emission 0
Accepted Currencies

ETH

Token distribution

Total supply: 500M UCN 1% used for pre-sale costs 30% are sold in tokensale 29% are allocated for Incentive Programme 40% are retained by VerifyUnion

Ratings

Type of scores
Score
Status
Hype score Low Active
Risk score Low Active

Founders

Name
Position
ICO
Social
CEO Member of this ICO only
CFO Member of this ICO only
Software Engineer Member of this ICO only
Software Engineer Member of this ICO only
CTO Member of this ICO only
Graphic/UI Designer Member of this ICO only
Software Engineer Member of this ICO only
Software Engineer Member of this ICO only
Digital Specialist Member of this ICO only

Advisors

Name
Position
ICO
Social
IT Security Engineer Member of this ICO only
ex-Xero Rainmaker Member of this ICO only
Financial Analyst Member of this ICO only
Business Systems Analyst Member of this ICO only

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info Low
Risk score Info Low

Ended

Start ICO 01 Oct 2017
End ICO 01 Nov 2017
Token UC
MVP No
Whitepaper View

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