The future of banking is called Banks-as-a-Service. The UnoCash Project aims to democratize banking by potentially turning every web server into a bank. Instead of founding more regulated banks, let us found a trustless global banking system based on FinTech APIs.
Traditional banks lend customer deposits (creditors) to lenders (debtors). Such banks are built on trust. They require extensive legal vetting and government regulation. Ordinary people canot start their own bank. As a consequence, traditional banks tend to serve the interests of the financial status quo.
By introducing BAAS, Banks-as-a-Service, the UnoCash Project will make it possible for anyone to be their own bank. The BAAS system does not need trust. The public UnoCash blockchain, which runs on Ethereum, will show a bank's assets. Future 'Electronic Banks', or eBanks, will be 100% solvent, since they cannot lend any more cryptographic assets than they actually own.
Read more ->
Pre ICO starts on October 10th 2017, 13:00 UTC
Similar to Ripple and Stellar, the UnoCash Project (UnoCash) token will have a fixed number of 100,000,000,000 (100 billion) tokens with 6 decimals. The token code will be: UnoCash. The token contract identifier is: GVYKuHY6UriNSAtGhrQhtDgfVUcLtYzB8CuKrcV2J11C (UnoCash).
10% of all tokens will be available for sale during the pre-ICO.
The pre-ICO token will go on sale on the DEX, the Decentralized Exchange, where you can buy UnoCash tokens in exchange for Bitcoin or Ethereum. More information on trading on the DEX: https://support.wavesplatform.com/topics/2305-how-to-trade-tokens-on-the-dex/
Look for the UnoCash identifier GVYKuHY6UriNSAtGhrQhtDgfVUcLtYzB8CuKrcV2J11C (UnoCash).
November-December 2017 Marketing
The proceeds from the pre-ICO shall be used to market the UnoCash Project during November and December 2017. We will use the funds to attract lead developers.
January 2018 ICO
From January 1, 2018, to January 31, 2018, 70% of the UnoCash Token (UP) will be on sale at 10% of the present Ripple (XRP) value. This means early investors from the pre-ICO (5% of price) will be able to make a profit.
Website: https://uno.cash
Twitter: https://twitter.com/UnoCashProject