Unity Fund
Introduction
As the prominence of cryptocurrencies, blockchain and decentralization has grown over the past decade and these concepts have moved further into the mainstream, we’ve seen an exponential growth in their application in typically non-financial domains such as supply chain management by projects like Vechain and Waltonchain, internet of things infrastructures such as IOTA, and in the more recent explosion in the popularity of art tokenization as non-fungible tokens (NFTs).
The adaptation of modern altruism to incorporate decentralization and algorithmic incentivisation mechanisms is a less well explored sector of the market, but one which we believe has a high potential for the creation of significant symbiotic positive outcomes and of an autonomous, mutually-beneficial system that perpetuates the creation of value and its effective redistribution to all members of the system.
While there have been other projects that have tackled this interesting opportunity in various ways, our goal is to build a system that not only sends a % of transactions to charities (where other projects have stopped), but to build a reward-based system of democratic donation allocation that will see each new version of our platform increasing the level of value being created within the ecosystem, and improving the way it is efficiently distributed.
What is the UNITY Token?
UNITY token is the native cryptocurrency of the UnityFund ecosystem, with it allowing for the creation of an ongoing,outonomous, mutually beneficial situation between UNITY token holders and global charitable causes.
Unity Fund has been designed to perpetually generate a yield of 4% for token holders from a tax levied on all transactions. In comparison, the long-term attractiveness of being a part of the ecosystem is boosted with an auto lp of 4.5% of all transactions. As well as this being a tokenomically-attractive community to be a member of, UNITY users also directly improve the broken state of the world in 2021 a little bit at a time by donating 1% of all transactions to global charities.
By taking part in what will bicome largest decentralized crypto-based altruesm network in the work ( which in itself is a reward), the members of the UNITY community that vote each week will be further rewarded with a part of a designated UNITY reward for voters ( voting upcoming in V2).
Goals of UnityFund
The overarching goal of UnityFund is a structural one. As can be seen with any prominent blockchain-based project, the technology itself is only a tool for creating a system that can viably create value and dispense it effectively between the users of the system in order to incentivise growth, the sustainability of the system, and the maintenance of its intended application.
Our goal is the design and implement a system that will simultaneously create value for token holders, incentivising them to continually support the community and interact for personal gain, but also in doing so to create an automatic mechanism for taking a significant amount of the value being created by UnityFund and to redirect that to global charitable causes.
While there are many profound and often unique benefits to applying decentralization to diverse sets of problems, we believe that one of the most significant is the ability to combine the will of large numbers of geographically-disconnected individuals to affect change in a way that aligns with each of their own ideals for the way the world should be, but may not yet be.
UnityFund Advantages
Help Charities Improve the World
Use your voting power to select charities and organisations that will help make the world a little better every day.
100+ Digital Marketing Professionals
UnityFund is powered by more than 100 professional marketers, designers, devs and writers who have a passion for crypto and blockchain.
More Liquidity, Less Supply
4.5% of all UNITY transactions are auto lp’d and locked with this algorithmically cutting the supply that is available.
Looking to the Future
Lots of projects nowadays are here today gone tomorrow, but UnityFund is planning for the long term.
Join a Fun Crypto Community
As well as all of the serious business of using our crypto power to change the world, the Unity Community is a fun and welcoming place.
Earn Passive Yield from UNITY
All UNITY token holders earn a piece of the 4% that is taken from each transaction and distributed.
The UNITY Token
The UNITY token is the native cryptographic mechanism that is used to store value within the UnityFund ecosystem, and to distribute it to members of the network in a seamless and optimal way.
At its core, the UNITY token represents a combination of the energy of our community, the potential incentives they have to join with us, the ways in which the features of the ecosystem open up new and unique benefits for users, and the byproduct of the incentivisation of being a part of UnityFund, which is the generation of a significant amount of funds that is autonomously distributed to global charities.
The UNITY token represents something else which many projects in the space don’t, which is the opportunity to take part in a community and ecosystem that is designed for longevity, and that realises that the best way to have a positive impact on the world via our project is to make it maximally beneficial for our community to stick with us longterm.
Tokenomics
Progressive Algorithmic Scarcity
The use of algorithmic mechanisms that progressively induce token scarcity have proven time and time again to be powerful ways to attract early adopters, to automatically provide inherent value to a loyal community, and to perpetually improve the value proposition of a cryptographic token.
As a part of a 10% transaction tax that will be applied to the UNITY token, 4.5% of that will be added to our Pancakeswap pool as additional liquidity that will allow for lower slippage trading and the ability for better trading to be possible.
This has also been put in place in order to manage the scarcity of the UNITY token in a way that will reward users that support our community long term, and we plan to enhance this mechanism even further in our V2 launch with additional functionality relating to driving balanced algorithmic scarcity.
Yield Generation
The ability for crypto users to be able to generate yield on their holdings began as a phenomenon much earlier than July 2020, but was largely popularized then as a part of the explosion of decentralized finance growth during that period.
As well as a portion of the 10% transaction tax being dedicated to a process of ongoing donations of 1% to Binance.Charity, 4% of all transactions will be redistributed to UNITY token holders as a way of directly rewarding their participation in and support of the project.
In the same way that our auto liquidity mechanism will be augmented in V2, we will be upgrading the UNITY token holder redistribution mechanism as well to provide further value to our community and to open up new and yet-untapped forms of value creation in the process.
Value Generation and Distribution
Value is created when early adopters enter our community and UNITY begins to be traded – from that point onwards every transaction will in part go towards supporting global charities, while all UNITY token holders will benefit from both a distribution of the 4% provided as yield, as well as the increase scarcity created by that transaction where 4.5% of its value will be automatically locked as liquidity.
Distribution of Tokens
UNITY has a total supply of 1,000,000,000 tokens that are minted upon the launch of the contract, with there being no possible way for devs or anyone else to mint more UNITY tokens. Upon the only mint that will ever occur, the distribution will take place as follows:
- 30% Locked Pancakeswap Liquidity
- 40% Presale
- 4% Team
- 2% Growth
- 2% Future Team
- 2% Dev and Admin
- 20% Locked V2 Allocation
Distribution of Transactions
Token Details:
- UnityFund Token Symbol: UNITY
- UNITY Token Contract Address: (here)
- UNITY Token Network: Binance Smart Chain (BSC)
- UNITY Token Decimals: 9
- Total UNITY Supply: 1,000,000,000
- UNITY Token Circ. Supply After Launch: 420,000,000
Roadmap
- May 2021: Social Media Accounts and Channels Secured.
- May 2021: Initial growth funding generated amongst team.
- June 2021: Whitepaper V1 and tokenomics released publicly.
- June 2021: Contract live on BSC Mainnet. Pancakeswap launch.
- June 2021: UNITY Devs Renounce Ownership of Contracts
- June 2021: 1st Round of Marketing Push, Influencer Engagement
- June 2021: First smart contract audit successfully completed.
- June 2021: First donation made to Binance.Charity
- June 2021: Listing on Coinmarketcap and CoinGecko
- August 2021: UnityFund.Finance V2 Release.
Team Commitment
We are committed to this project, for the long term, in order to build something that we as a community look at in the future and are proud to say we were a part of and that generates the most amount of benefit for our community and the charities we will be supporting.
Because of that, and because of the nature of the cryptocurrency market at present, we are making a number of commitments as a team in order to show our community that they will gain more by looking to the long term future of the project, and that this project is rug pull proof:
- We are immediately renouncing ownership of the token smart contract upon launch, preventing our devs and team from being able to modify the contract or executing any kind of malicious code that could be stored.
- We are locking all of the community-designated liquidity (300,000,000 UNITY) into our Pancakeswap pool, where we will not have the ability to control that liquidity or dump it on the market.
- We will be locking the entire 2% Dev, Admin and Operations allocation until the 11th August 2021 in a time-locking contract (here: ), which will mean that for the first 2 months of the life of the project it will have the chance to grow to a large marketcap unimpeded by the fear of a dump by our devs and admins.
By logic alone, after that 2 month point we will gain more from continuing to grow our project than abandoning it like many (ponzi) founding teams sadly do – meaning that our community won’t have to trust us.. although we hope that our actions over the next 2 months still means that you do!
** In order to reward our early Telegram, Reddit and social media management team, we will be time-locking 1% until June 25th (here), 1% until July 11th (here), 1% until July 25th (here) and 1% until August 11th (here), and releasing those payments to our support team only once those contracts have unlocked. We are 100% transparent about all allocations, timings and payments that will occur.
Conclusion
We believe strongly in the potential for decentralization to improve the way that almost any structure or system works when you look at it from a perspective of the group that represents the largest number of participants. UnityFund is, at its core, a system designed to symbiotically link our community’s interests with the interests of millions of people that need assistance around the world.
While there are many organisations and people already working to relieve the vast multitude of sufferings that continue to plague humanity, new and innovative ways to assist these efforts will only ever be a good thing for us as a global community.
Useful links to the project:
● Website: https://unityfund.finance/
● Whitepaper: https://unityfund.finance/whitepaper-v1/
● Contract: https://bscscan.com/token/0xbBd1FbcCBA8038bB2F3AE15a5ed301BB89A64291
● Twitter: https://twitter.com/UnityFundHQ
● Instagram: https://www.instagram.com/unityfundhq/
● Facebook: https://www.facebook.com/unityfundhq
● Quora: https://unityfundhq.quora.com/
● Reddit: https://www.reddit.com/r/UnityFund/
● Telegram: https://t.me/UnityFundHQ
AUTHOR
Username: warulor540 My Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2804131
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