Introducing U2U – a next generation blockchain platform with a Venture Builder twist
SINGAPORE, SINGAPORE / ACCESSWIRE / March 29, 2023 / U2U is a blockchain-based ecosystem described as the cradle of technical unicorns. It integrates the Venture Builder model with blockchain to incentivize start-up projects valued at billions of dollars. U2U provides support tools and initial resources for builders to perfect their products before reaching users, constructing a decentralized community ecosystem where builders, developers, creators and enthusiasts can participate by holding the U2S Coin – the STO token of the platform.
What do you think of the “cradle of tech unicorns”? That’s exactly it U2U describes in their ecosystem. This blockchain aims to build a platform based on the Venture Builder model to motivate start-up projects valued at billions of dollars.
Downtrend and start-up companies’ challenges
After the industry’s boom in 2020 – 2021, the blockchain market plunged into a downward trend. The notable trends, whether NFTs, Gamefi or Web3, are all going down to accommodate the possible risks in the market. Nevertheless, there are still optimistic signs based on the experience of the last previous downtrend, which shows that there is currently a long build-up cycle to prepare for another uptrend expected in 2024.
In the past, when the market was gloomy, it also could not stop the development of projects, reflected in the emergence of a number of prominent projects, platforms and ecosystems. There are legitimate reasons to believe that the industry will soon see many impressive names if developers overcome barriers, including limited capital investment and initial resources.
After the collapse of many apparently very potential projects and the bankruptcy of several companies, it is not surprising that Venture Capital has hesitated to invest or reduce its availability. The evaluation of projects has also become stricter, which means that many potential ideas risk not being implemented. The initial access to resources for startups is thus becoming scarcer.
At this time, the Venture Builder model proved that it is a new and best cradle for startups. Looks like they have found “the solution of choice”, but it has lost one crucial thing: blockchain ecosystem support for that model is not there yet.
U2U is the decisive goal of this match!
What is U2U?
U2U, an acronym for Unicorn Ultra, is a project based on the Venture Builder (VB) model, an area that has increasingly proven to be a better startup cradle. The appearance of Unicorn Ultra will promote the integration of the VB model with blockchain to become a trend.
U2U is developing a layer-1 private blockchain to attract developers and help them build their projects on the chain. It provides the support tools and initial resources so that they can perfect products with the best core quality before they reach the users. Depending on some criteria, the products generally serve the decentralized economy of the future and aim to become technical unicorns.
In parallel with developing the technical core and attracting project builders, the project is also building an active interactive management model. It harnesses the power of the community, thereby forming an ecosystem with a decentralized economy that is run by the community.
The U2U highlights
U2U’s developers describe this blockchain as the rail, with the infrastructure as the U2U chain. Project builders will create a train car one by one using this rail and operate on the U2U chain. However, developers only need to focus on developing the core technology of each project; the other tasks, such as marketing, branding and business strategy, will be delivered by U2U resources.
By integrating the Venture Builder model with the blockchain, U2U creates the Digi-Cradle to incubate, accelerate and grant funds and provide the first resources with the critical goal of motivating startups and increasing the possibility of being the technical unicorn.
To do so, U2U will construct a decentralized community ecosystem where builders, developers, creators and enthusiasts can all participate by holding the U2S Coin – the STO token of the platform. This is in order to obtain capital from the community to supplement and expand the capital scale, and thus provide grants for other projects to be built in the U2U chain.
By holding U2S, owners can propose and vote on potential and suitable projects; then the community will evaluate and make funding decisions. U2U’s operating philosophy of believing in the strength of community ensures that every ecosystem member has a voice in important decisions.
Conclude
To realize a decentralized economy, community power is the most important resource (although many blockchain ecosystems are still sleeping on it). U2U understands the potential of the community and decided to leverage and integrate it with the Venture Builder model to support startups on their journey to success in a comprehensive way. To learn more about the U2U project and its products, please visit the website: https://uniultra.xyz/
Media contact: U2U Foundation
Contact: Austin Taylor (Mrs.)
Email: [email protected]
Website: http://Uniultra.xyz
SOURCE: U2U Foundation
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