On December 10, 2024, the U2U Listing event officially took place, marking a significant milestone in the development journey of U2U Network – an advanced Layer-1 blockchain platform. With groundbreaking technology and robust backing from major investment funds, this event not only expands trading opportunities but also ushers in a new wave in the field of DePIN. Let’s dive into the details of U2U Listing and the potential investment opportunities it brings.
Overview of U2U Network
U2U Network is a Layer-1 blockchain platform designed to address critical challenges within the blockchain ecosystem, including scalability, transaction speed, and interoperability between different systems. A standout feature of U2U Network is its use of DAG (Directed Acyclic Graph) technology – a unique architecture that enables the network to achieve fast transaction speeds, low costs, and the ability to process thousands of transactions per second (TPS).
Additionally, this platform is compatible with EVM (Ethereum Virtual Machine), a key standard that allows developers to easily build and deploy decentralized applications (dApps). With its advanced features, U2U Network is not just a blockchain but a multifaceted ecosystem that drives technological innovation in the decentralized space.
The platform also focuses on DePIN (Decentralized Physical Infrastructure Networks), a new trend that combines blockchain technology with physical infrastructure. This approach enables U2U Network to develop practical solutions that meet the growing demands across various industries.
The U2U Listing event
On December 10, 2024, the U2U Listing event officially took place, marking a significant milestone in the development journey of U2U Network. This is not only a prominent event in the blockchain sector but also opens up numerous potential investment opportunities for the global community.
The significance of the U2U Listing event
The U2U Listing is not just a major turning point for U2U Network but also affirms the project’s position in the rapidly growing blockchain industry. The listing of the U2U token helps:
- Increase global community reach: Users and investors from around the world can easily access and engage with the U2U Network ecosystem.
- Enhance Token liquidity: Listing on major exchanges ensures that the U2U token can be traded with ease, providing long-term growth potential.
- Promote ecosystem growth: The U2U Listing attracts more investors, partners, and developers, accelerating the expansion and sustainable development of the project.
Detailed information about the U2U Listing
- Listing date: December 10, 2024.
- Listing time: 10:00 AM (UTC).
- Token listed: U2U Token, with a total supply of 10 billion.
- Exchanges supporting the listing: KuCoin, Gate.io, BingX, MEXC
The importance of listing
Listing the U2U token on major exchanges not only provides trading opportunities but also strengthens investor confidence. Key factors include:
- Market value growth: The U2U Listing provides an opportunity for the U2U token to be more transparently valued through the market.
- Ecosystem expansion: Access to a global user base helps the project grow stronger.
- Enhanced eputation: Listing on top exchanges like KuCoin and Gate.io is a testament to the transparency and potential of U2U Network.
Pre-listing activities for U2U
Before the U2U Listing event, U2U Network undertook thorough preparations:
- Successful fundraising: The project raised $13.8 million from prominent investment funds such as KuCoin Ventures, Chain Capital, and IDG Blockchain.
- Building a strong community: U2U Network organized various events, AMA (Ask Me Anything) sessions, and collaborated with major partners to build trust within the community.
- Ecosystem development: Focused on enhancing core technologies and supporting developers to build decentralized applications (dApps) on the network.
Potential after the U2U listing
After the listing event, U2U Network has the potential to become one of the leading blockchain projects due to:
- Unique DePIN ecosystem: U2U Network leads the way in integrating blockchain with physical infrastructure, offering high practical value.
- Global community: Listing on major exchanges expands reach, attracting more investors and users.
- Long-term growth potential: With a strong technological foundation and an experienced development team, U2U Network is well-positioned for sustainable growth in the future.
Total supply and Token allocation of U2U Token
The U2U Token is developed with a fixed total supply of 10 billion tokens, ensuring transparency and long-term stability for the U2U Network ecosystem. The token allocation is carried out scientifically to support the strategic goals of the project. Below is a detailed breakdown of the allocation structure:
Allocation by Network
ERC-20 (Ethereum Network): 1 Billion Tokens
- The ERC-20 token is issued on the Ethereum network, designed for transactions on CEX (Centralized Exchanges) and DEX (Decentralized Exchanges). This option is suitable for investors looking to trade on popular platforms, leveraging the high liquidity of Ethereum.
URC-20 (U2U Mainnet): 9 Billion Tokens
- URC-20 is the official token operating on the U2U Mainnet, playing a central role in the DePIN ecosystem. This token is used for various activities such as payments, staking, and governance, helping to reinforce the real value of the network.
The allocation between ERC-20 and URC-20 ensures a balance between trading on major exchanges and the development of real-world applications within the ecosystem.
Allocation by use case
The distribution of U2U tokens is designed to support multiple strategic objectives, including ecosystem development, community incentives, and ensuring liquidity. Below are the details:
Core team (10%)
- Total allocation: 1 Billion Tokens
- Ownership: Locked for 12 months, with linear unlocking over 24 months.
Advisors (5%)
- Total Allocation: 500 Million Tokens
- Ownership: 5% unlocked at TGE (Token Generation Event), locked for 6 months, then linear unlocking over 24 months.
Marketing (10%)
- Total allocation: 1 Billion Tokens
- Ownership: 10% unlocked at TGE, locked for 1 month, then linear unlocking over 12 months.
Ecosystem (20%)
- Total allocation: 2 Billion Tokens
- Ownership: 10% unlocked at TGE, locked for 1 month, then linear unlocking over 24 months.
Validator rewards (10%)
- Total allocation: 1 Billion Tokens
- Ownership: 10% unlocked at TGE, remaining tokens unlocked linearly over 100 months.
Exchange listings (3%)
- Total allocation: 300 Million Tokens
- Ownership: 100% unlocked at TGE.
Bridge support (2%)
- Total allocation: 200 Million Tokens
- Ownership: 100% unlocked at TGE.
DePIN subnet (10%)
- Total allocation: 1 Billion Tokens
- Mechanism: Halved every 2 years to ensure sustainable development.
Allocation by funding round
Angel round 1 (3%)
- Total allocation: 300 Million Tokens
- Ownership: 5% unlocked at TGE, locked for 10 months, then linear unlocking over 18 months.
Angel round 2 (7%)
- Total allocation: 700 Million Tokens
- Ownership: 5% unlocked at TGE, locked for 12 months, then linear unlocking over 12 months.
Seed sale (7%)
- Total allocation: 700 Million Tokens
- Ownership: 5% unlocked at TGE, locked for 6 months, then linear unlocking over 24 months.
Advisory round (0.5%)
- Total allocation: 50 Million Tokens
- Ownership: 20% unlocked at TGE, locked for 1 month, then linear unlocking over 10 months.
Public sale (0.71%)
- Total allocation: 71 Million Tokens
- Ownership: 100% unlocked at TGE.
Treasury (11.79%)
- Total allocation: 1.179 Billion Tokens
- Ownership: Linear unlocking over 24 months.
Significance of the U2U Token allocation structure
- Ensuring liquidity: The allocation for exchange listings and bridge support helps maintain high liquidity, facilitating smooth trading on platforms.
- Supporting the ecosystem: A large portion allocated to the ecosystem and validator rewards encourages active participation from the community.
- Long-term sustainability: The halving mechanism and unlocking roadmap ensure stability and sustainable growth for the project.
This transparent and detailed allocation structure ensures that the U2U Token is not just a trading tool but also a foundation supporting the comprehensive development of the U2U Network ecosystem.
Functions of U2U Token
The U2U Token is not merely a means of transaction within the U2U Network but plays a central role in maintaining, developing, and expanding the network. Here are the main functions of the U2U Token:
Payments within the U2U Ecosystem
U2U Tokens are used to pay for services and activities within the U2U Network ecosystem. Specific use cases include:
- Subnet node operators’ service fees: Users need to pay with U2U Tokens to access services from Subnet Node Operators, who ensure the stability of the network.
- dApp usage fees: U2U Tokens can also be used as payment in decentralized applications (dApps) operating on the U2U Network.
Staking and Strengthening the Ecosystem
Staking is a key feature of the U2U ecosystem, allowing users to lock their tokens to earn rewards and contribute to the network’s stability. The benefits of staking include:
- Staking rewards: Users can receive rewards for participating in staking, incentivizing long-term token holding.
- Enhanced security: Staking contributes to the security and performance of the network by encouraging active community participation.
Governance
The U2U Token plays a vital role in the governance of the network, providing voting rights to token holders. This allows the community to participate in key decisions regarding:
- Proposals for network upgrades: Users can propose and vote on changes, upgrades, or improvements to the system.
- Resource allocation: Token holders have the authority to manage and allocate resources within the ecosystem.
The U2U Token listing event is not only a significant milestone for the U2U Network but also opens up potential investment opportunities for the blockchain community. With DAG technology, EVM compatibility, and support from major exchanges, the U2U Token promises to bring substantial benefits to both investors and the DePIN ecosystem.
Join the U2U Network today to seize the opportunity to be part of this groundbreaking blockchain project!
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