ANGEL TOKEN ANNOUNCING FIRST CRYPTO INVESTMENT & COLLABORATION WITH UNITUS (UIS)
Among the many low quality coins on Cryptopia there is one that stands out to us as unbelievably undervalued and with huge potential. The coin has some unique features that we think are very smart, and with a good team and growing community behind it we think that it is in TOTALLY the wrong place on coinmarketcap.
UNITUS (UIS)Unitus is a merge-mined multi-algorithmic coin secured by the following algos:
- Lyra2RE2 (GPU mining)
- Argon2d (CPU mining)
- Skein (GPU mining - soon to be ASIC)
- Yescrypt (CPU mining)
- X11 (ASIC)
SO WHAT DOES MULTI-ALGO MEAN IN PRACTISE?Well it means that as a miner you can choose which algo you want to mine, but not only that. What really makes Unitus unique is that it's a coin that is both multi-algorithmic *AND* merge mineable.
As far as we know this is totally unique, and even if there MAY be one or a couple of other coins that have these features it is very rare and cutting edge technology.
SO WHAT DOES MERGE MINING MEAN?Merge mining is an awesome feature that allows miners to mine any other coin they want, AND THEN MINE UNITUS ON TOP OF THAT COIN, WITHOUT SPENDING ANY MORE RESOURCES!
So basically it is like a "_100% FREE BONUS_" for miners to add Unitus to their mining operation. It costs them NOTHING EXTRA in terms of electricity or mining power, and they still get the Unitus coins that they mine FOR FREE!
SO WHAT ARE THE BENEFITS OF A MULTI-ALGORITHMIC COIN?Being multi-algorithmic makes Unitus SUPER SECURE compared to other coins. Instead of having one algorithm securing the coin, (like Bitcoin for example), you now have 5 different algos that are all working together to secure the coin!
WHY DOES ALL THIS MATTER?The problem that many small independent coins have is that because they are small there are only a few miners who mine those coins. Often it's only the founders and a few enthusiastic community members who mine the coin, because it has such a low value and uncertain future (if any).
This makes the smaller coins very insecure and even if they do well marketing wise they remain open to attack.
This is a catch22 dilemma that all new coins suffer from, that until they become valuable and popular they are highly vulnerable to attack. Even Bitcoin could easily have been destroyed in its early days when there was only Satoshi and a few enthusiasts mining it.
With the combination of a multi-algo and merge mining Unitus is overcoming one of the largest issues small coins face, *security.*
So if you are already mining one of those 5 algos mentioned above, you can use your precious hashes to get some extra Unitus coins above what you get anyway from your normal mining operations.
COIN SUPPLYThere are just under 56 million coins in circulation right now, *BUT* be aware that Coinmarketcap is showing an incorrect coin supply of around 47 million. The Unitus team have contacted them about this several times but they are yet to correct it. To see the current supply go here:
https://unitus.online/networkAnother interesting feature of Unitus is that there is no technical upper limit for the coin supply.
Rather Unitus is very much like a valuable natural resource such as Gold or Platinum.
Right now there is still "plenty" available for miners (relatively), but it becomes harder and harder to find the coins. However, the resource will never be 100% depleted. There will always be some coins available for mining.
For reference though, most coins available will have been mined by June 2022 and at that point there will be a total of 100 million coins in circulation, but taking away the 17 million that were burnt there will actually only be around 83 million.
EXCHANGESUnitus is mainly traded on Cryptopia at the moment.
It is also listed on Yobit.net but do *NOT* buy Unitus there. Yobit has refused to update the wallet after a hard-fork a long time ago, and because of that the coins on the Yobit exchange are on the wrong chain!
The Unitus team have contacted Yobit many times to no avail, but we have discussed other potential options with them that would rectify this situation, but more on that later if Angel Token goes ahead with this investment.
SPEEDUnitus can handle 10x the transactions of Bitcoin in 60 second blocks.
This coin is infinitely scalable!
WAS THERE ANY PRE-MINE OR IS IT "FAIR" LIKE BITCOIN?Most coins or tokens that are launched nowadays either do an ICO or Pre-mine a large chunk of coins for the developers to "take a share for free". A lot of the time this is done in suspect or shady ways by the developer pre-mining some coins for himself before setting the coins free on the open market, or by skewing the distribution in such a way that he can catch a lot of coins early on while the coin is still unknown.
We are pleased to say that Unitus had a completely fair launch, just like Bitcoin.
WHAT ABOUT THE DEVELOPERS AND COMMUNITY?
We have been watching the Unitus developers and community for some time now, from a distance and without interacting with them, (as we do with many coins), and we have been impressed.
They are pro-active and knowledgeble, and they respond quickly and friendly to questions from the community.
After having reached out to them and throughout these negotiations over the last few weeks they have been nothing but professional, friendly and great to deal with. Sure, the negotiations have been tough, but we are impressed with them, and we think they can lead Unitus (together with our help) to become the next big coin.
A PERFECT FIT?The one thing that has held Unitus back since its launch in July 2015 is the lack of marketing. Basically the guys from Unitus are "techies" and developers. They know how to program and build a great coin, but they lack in marketing expertise.
If the Angel Token community come together and work as a team to market Unitus as "the next Vertcoin" we believe we that there is no limit to how far we can go...
We have created a comprehensive 6-month marketing plan that we have presented to Unitus, and if we work together on that plan this will become a VERY profitable investment for Angel Token and you the investors.
MARKET CAPHe he, this is where it gets really interesting and fun for us who are "_in the know_"... :slightly_smiling_face:
Unitus current market cap is only around $2.3 million in and the coin is trading at around 650 Satoshis or about $0.05 (about 5 US cents).
This is ridiculously low for such a high-tech and smart coin!
WHAT SHOULD THE MARKET CAP OF UNITUS BE IN OUR OPINION?We think a fair comparison that some people who have caught on to Unitus already have made is to Vertcoin.
Vertcoin, just like Unitus, focused on miners and making the mining accessible to everyone with a simple graphics card. Like Unitus they also had a 100% fair launch and distribution where they offered 100% of the rewards to the miners.
12 months ago to this day one Vertcoin costed $0.033 (3.3 US cents), and the market cap was less than $1.1 million.
Today one Vertcoin costs $2.88 (2 dollars and 88 cents), and the market cap is around $123 million.
We believe that Unitus has every chance to become the next Vertcoin and the entire Angel Token Team as well as the Angel Token Private Investors Community (ATPIC) are all very excited about this investment and collaboration with Unitus.
