Universal Blockchain (USBT)
  • Introduction
    • Project Overview
    • Executive Summary
  • What are USBT Tokens and NFTs?
  • USBT's Commerce & Engagement Boost
  • Token Ecosystem
  • How to Integrate USBT Tokens and NFTs
    • 1. Identify the USBT Token and NFT use case
    • 2. Mint the USBT Token and NFTs
    • 3. Decide how to store digital assets in a long-term sustainable way
      • Vesting Plan
    • 4. Store and access USBT Token and NFTs securely and easily
    • 5. Distribute across an applicable marketplace
    • 6. Identify additional opportunities to engage fans
  • Considerations Associated with Change
  • USBT - The Trusted Engine of Commerce
  • Key Team Members
  • Conclusion
  • Glossary of Terms
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  • 1. Token Utility
  • 2. Token Distribution

Token Ecosystem

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Last updated 10 months ago

1. Token Utility

Access and Membership: USBT tokens can be used to access USBT's premium services, such as advanced blockchain integration tools, consultation, and support.

Rewards and Incentives: USBT rewards clients, partners, and users with USBT tokens for participating in the ecosystem, referring others, or contributing positively to the community.

Smart Contract Execution: USBT tokens are used to pay for the execution of smart contracts within the USBT platform, ensuring secure and efficient transactions.

Staking and Governance: USBT holders can stake their tokens to participate in governance decisions, including voting on protocol upgrades, changes, and community initiatives.

Loyalty Program: USBT tokens are integrated into a loyalty program, offering discounts, benefits, and exclusive access to USBT services based on token holdings.

2. Token Distribution

Initial Distribution: USBT conducts an initial token sale to fund development and ecosystem growth, with allocations for early investors, team, and advisors.

Mining/Validation: Some USBT tokens are distributed through a proof-of-stake (PoS) or proof-of-work (PoW) mechanism, allowing network participants to validate transactions and earn rewards.

Community Rewards: USBT allocates a portion of tokens for community rewards, encouraging active participation, referrals, and positive contributions.

Reserve Fund: A reserve fund is established to ensure the stability and growth of the ecosystem, with tokens released gradually over time.