Sunday, February 3, 2019

EcoStart - Project Review

Greetings to you, dear readers. I am always glad to share with you the most promising ideas and start-ups from the world of crypto-currencies. They are created in order to facilitate our life with you and to change the world in the future
As the most popular and wildly used, centralized cryptocurrency exchanges have gathered a significant amount of influence over the years. The centralized exchanges control the power to make or break blockchain projects, and usually, they are the only businesses that remain lucrative regardless of the level of volatility and instability that the cryptocurrency markets experiences.
The massive wealth and influence that centralized exchanges posses have led to serious unethical acts of market manipulation and exploitation that emphasize exactly the reasons why decentralized exchanges are needed now more than ever.
A shocking information was brought to light by crypto Trader named Silvain Ribes, where he believes that far above $3 billion of all crypto assets’ volume are fabricated and unreal and that OKex, which is the number one exchange rated by volume is the main offender with up to 93% of its volume being fake.In addition, another trader points out the disturbing fact that the NASDAQ stock exchange only charges below $200,000 for listing mega companies, while a lot of centralized crypto exchanges are trying to charge more than $500,000 in listing fees.
Cryptocurrency influencers and many other people all over the internet are beginning to share different bad stories about how centralized exchanges operates in the same corrupt manner as any regular centralized organizations that posses too much power and influence if they are left unchecked.

What is the EcoStart?

Ecostart is an associate innovative resolution for the worldwide marketplace for environmental comes. Ecostart is enforced within the variety of a public distributed science platform for making applications associated software package solutions on an open block system to support environmental and nature protection comes. The issue of EcoCoincryptocurrency y are the primary step towards our goal. it'll be followed suburbanized investment environmental fund (тикер IEF), fundraising application - service for making a private digital token and a lot of.
How may be an IEF Fund totally different from a conventional investment fund?
A IEF Fund invests in crypto assets solely and doesn't have a central power of authority. there's no fund manager to create call on behalf of investors. this is often wherever you'll feel the facility of the knowledge of the group. All participants square measure given the possibility to vote and to choose the longer term of the following investment.

When can the EcoStart platform be launched?

EcoStart Beta is launched in this autumn 2018 The official launch of the EcoStart Platform can follow in Q2 2019.
Our understanding of true and marketing research
Relevance project
In reference to the widespread growth of interest in ecological problems, monetary establishments that square measure ready to structure and direct investments in environmental protection have become a lot of and a lot of in demand. as an example, international investment inrenewable energy in 2017 amounted to quite $ 243 billion. quite $ one hundred forty billion is foretold that renewable energy can attract 2040 $ seven.8 trillion. investment.
This is only 1 of the directions of development of "green" technologies. altogether sectors
and altogether forms of activities, a trend is developing to extend the degree of finance for ecological comes. At an equivalent time, the crypto trade is booming, that showed phenomenal growth of the crypto-currency market in 2017. Its capitalization for the year inflated from $ eighteen billion to $ 600 billion. several analysts and consultants expect that in 2018, the cryptocurrency can reach new heights.
Given these circumstances, we have a tendency to hope that the crypto community can follow the worldwide trend to extend funding for ecological comes to assist humanity bring home the bacon economic process and development whereas fighting against temperature change and preventing pricey ecological destruction and inefficient use of natural resources, and additionally eliminating the accumulated pollution of the atmosphere, that crystal rectifier to the subsequent consequences :

Ecostart scheme

The uniqueness of the EcoStart platform lies within the undeniable fact that it'll offer users with
many helpful and necessary functions among one platform, whereas others offer for
the concurrent presence of just some of them.

Project design

Ecostart is the associate innovative resolution for the worldwide marketplace for ecological comes,
implemented as a public distributed science platform for making applications and
software choices on associate open detachment to support ecological and ecological comes.
The platform can embody the subsequent modules:
. unharness of TerraEcocoin's own cryptocurrency with dish generation Proof of importance e, proof of importance);
. suburbanized Investment Ecological Fund (IEF);
. Fundraising application - service for the creation of a private digital token by initiators of ecological comes through one-time or accelerated emission for finance ecological (green) comes approved by Ecostart experts;
. Cryptomessenger engineered on P2P technology (peer-to-peer);
. Service for examination, recommendations, and formation of ratings of trust and reputation;
. area Surface Earth Surface Application
. Crypto Lottery;
. The system of motivation (incentives) of volunteers, initiators of EP and investors;
. Open API for making applications for the implementation and support of EP.
The Ecostart scheme Basis may be a written record within the variety of distributed information, where
all knowledge on user accounts and transactions is held on.

TEСO dealing theme

Do you have a prototype?

Our platform unites a variety of great technical school solutions in an exceedingly single system. Some elements of the technology exist already and square measure being used. As of currently, we've part observance application of the Earth's surface.

Token Sale

Token Information

Token Symbol: TER
Token Sale Start: nineteen Nov 2018
Token Sale End: 31 Jan 2019
Token Price: $0.1 USD
Issue of tokens: 210,000,000
Token for Sale: 123 900 000
Max current supply: a hundred and fifty 000 000
Token for Sale: 72 Days

Distribution of tokens

EcoStart ROADMAP

TEAMS AND ADVISERS EcoStart


Further Information Visit This Site :

Author

Author: walesodiya
Email: walesodiya@gmail.com
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2160355
Eth Address: 0xd5138067078B32BA7800b399bC77C49deaA3f2f5

UDAP

Imagination has always allowed us to speculate about what others are thinking and feeling, immortality also curious on our mind and even to create entirely fictive lives; and we have long proved eager to recruit technology to its service. We have used art, music, books, movies, television, and now the Internet to thrust ourselves imaginatively into the places and lives of others. And the rise of social networking has only deepened our inventive capabilities by allowing us to cast snippets of our own lives painful, sorrowful, lonely, exuberant, ordinary into the tumult, inviting others into our place as we are invited into theirs. Avatars seem to be the logical next step, taking the narrative imagination of fiction, the aesthetic imagination of cinema, and the self-styling power of social networks, and combining them into virtual worlds that seek to mimic real-world interaction.
In case you're a Cryptocurrency trader searching for an edge you may have found out about algorithmic trading. In case you're a moderately new trader, you may have expelled the thought as being excessively unpredictable. Here's the uplifting news: You don't should be a progressed or even reasonably experienced digital currency trader to create algorithmic trading techniques. On account of the presentation of amazing, yet easy to send bots, starting traders approach the points of interest offered by an algorithmic methodology.





UDAP, a Unіvеrѕаl Dесеntrаlіzеd Aѕѕеt Plаtfоrm, іѕ a blосkсhаіn mіddlеwаrе thаt provides Restful APIs аnd аn 'Asset Wallet' for application dеvеlореrѕ to сrеаtе powerful blockchain bаѕеd аррlісаtіоnѕ wіthоut writing any smart contracts. It'ѕ a 'layer two' ѕоlutіоn tо non-fungible аѕѕеtѕ tо ѕіmрlіfу аnd ассеlеrаtе blockchain application development.

As Satoshi Nakamoto writes, they are needed to enable “electronic transactions without relying on trust.” A complete, immutable public record of transactions is not a design goal in cryptocurrencies (Nakamoto, 2008). Nakamoto wrote that “To accomplish this without a trusted party, transactions must be publicly announced.” (Dai, 1998). Blockchain promises to solve this problem. The technology at the heart of bitcoin and other virtual currencies, blockchain is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.
The ledger itself can also be programmed to trigger transactions automatically. Bitcoin is one of the best samples but has some disadvantages. Those are Turing incompleteness, value blindness and verification time. Turing incompleteness is simply the inability to use the while and for statements. The bitcoin also has a script, but it is equipped with an OPCODE that can execute only a simple command.

OVERVIEW OF UDAP

UDAP, a Universal Decentralized Asset Platform, is a blockchain middleware that provides Restful APIs and an ‘Asset Wallet’ for application developers to create powerful blockchain-based applications without writing any smart contracts. It’s a ‘layer two’ solution to non-fungible assets to simplify and accelerate blockchain application development.
UDAP is a blockchain-based asset protocol that sits between applications and public blockchains to provide Restful APIs and an “Asset Wallet” for application developers to create powerful blockchain-based applications without writing any smart contracts.
In what we call an “Asset Oriented Programming” model, app developers take advantage of the traditional Internet application architecture and use UDAP as a layer of asset tokenization, transaction notarization and contract adjudication in case of dispute.
UDAP Middleware Core Services
Token Services
The service helps applications to quickly tokenize in-app assets, such as tickets, IP rights, certificates, and game assets. It also helps the application to create in-app currencies.
Technically UDAP provides multiple modules to speed up app development
Token service, to manage the full life-cycle of asset-backed crypto-tokens. Applications can immediately register token-based assets on a chain and offer a built-in marketplace to their customers.
State channels service, to allow applications to conduct transactions mostly offline and secured by public blockchains, such as Ethereum.
Data obfuscation service, to hide the ownership of assets, using Ring Signature technology.
Secure content distribution for digital content assets, using Proxy Re-Encryption technology.
Exchange service, for decentralized asset trading, including app-currencies and asset tokens.
Universal wallet for a versatile mobile user interface to deal with any token-backed assets that UDAP has helped to maintain.
State Channels Service
The service implements state channel technology to help the application to properly partition their application logic between on-chain and off-chain, to achieve the best of off-chain efficiency and on-chain persistence. This is critical to minimizing the cost and providing the best possible user experience.
The solution offered – “Why UÐAP is so important?
The idea here is to solve the problems by adopting and using state channel technology.
For example, the issue of scalability can be tackled because the technology treats blockchain as the dispute adjudication platform that normally is involved in the minute-by-minute operations, but only plays its role when contracts need to be executed and very important assets need to be protected.
By leveraging state channel, transactions can run remotely off blockchain and with this arrangement cost is drastically cut down.
In addressing the concerns often raised regarding privacy, UDAP gives users the technology to control the visibility of their assets.
Finally, as it concerns the degree of responsiveness, the platform by leveraging state channels would enable blockchain supported applications to provide the best possible UX in addition to a number of special features of decentralized ledgers.
It should be noted that UDAP does not in any way represent a generic State Channel framework. It is rather an implementation of State Channels that are guided to the applications that deal with non-fungible assets.
Before we take a step forward into shedding some light on the UPX Token, let’s take a little detour into The Core Concepts of UÐAP:
The Core Concepts
NO.1 Protocol – Singular
Singular is a new asset account model, it defines how a thing is tokenized and how it deals with ownership and trading in a decentralized way. The Singular asset model implements a concept: One thing = One smart contract
The Singular project is a natural development in the spirit of some of the earlier blockchain proponents who had envisioned what blockchain with smart contracts would achieve.
NO.2 Middleware – UDAP
The fundamental concept of the Internet of Asset Protocol is to build a “Thick Protocol + Thin Application”.
Application developers only need to have sufficient knowledge and understand their business logic and user experience, Therefore, the application is thinner and easier. A thick protocol based on UDAP middleware helps them to accelerate the blockchain development, to secure the transactions, and to reduce the development costs.
UDAP Middleware Core Services
Token Service
The service helps applications to quickly tokenize in-app assets, such as tickets, IP rights, certificates, and game assets. It also helps an application to create in-app currencies.
State Channels Service
The service implements state channel technology to help the application to properly partition their application logic between on-chain and off-chain, to achieve the best of off-chain efficiency and on-chain persistence. This is critical to minimizing the cost and providing the best possible user experience.
NO.3 Asset Wallet
Harvest Wallet is an Asset Wallet that supports ERC20, ERC721, and Singular types tokens. It provides individual users with great convenience and a unified interface to tokenize, manage and publish their own tokens, various fungible and non-fungible assets, and third-party applications can plug-in the wallet too.
Mint, manage and publish tokens
Support third-party apps that generate a wide range of assets.
It provides a programmable UI for third-party applications to develop a complete user experience
NO.4 Applications
UMedia is a marketplace for collectible music and other forms of digital media assets on your mobile phone, it included some complicated blockchain programming modules like all different token services, marketplace, Proxy Re-Encryption, State Channel, Singular. UMedia is to demonstrate the technical capabilities of UDAP. It’s so easy to make a Dapp by UDAP. Developers can use UDAP’s middleware to transfer their normal business into token-based business just like UMedia does.
More different Dapp coming powered by UDAP, such as Ticketing, Social, Education, Gaming, Health, Supply Chain Finance, Data Center, Technical Community, Travel, E-Commerce, Library and so on.
Now that you have an idea of how it all goes down, I know you are surging to participate already. Check out the details below! I am sure it will help!
UPX Token
UDAP Foundation issues the UDAP token (also known as UPX token). UPX tokens are used to make deposits required to become a UDAP service consumer. Transaction fees, gas payments (i.e. smart contract execution fees) and persistent storage payments are also usually collected in UPX tokens.
UPX tokens are implemented using the Ethereum ERC20 standard. The Total Supply is 10,000,000,000.UPX tokens can be acquired in the following ways: Token Distribution Event (TDE) Purchase of UPX tokens from secondary markets, such as cryptocurrency or token exchanges Airdrop (this method is intended as a means of popularizing the UDAP).


Token Details

Token – UPX

Platform – Ethereum

Type – ERC20

Pre ICO price 1 UPX = 0.0164 USD

Price in ICO – 0.0083 USD

Tokens for sale – 4,000,000,000

Distribution of Tokens

ROADMAP

2017 Q2 – PROJECT KICKOFF.

Q4 2017 – RESEARCH COMPLETED, Coding started, Core Team built up.

Q1 2018 – UDAP FOUNDATION LAUNCHED, Technical white papers released, Started coding Proof-of-Concept prototypes and demos.

Q2 2018 – UDAP CONCEPT COMPLETED, Expand eco-system and community.

Q3 2018 – UDAP MINIMUM VIABLE PRODUCT(MPV) DEPLOYED AND RELEASED, State channel modules complete, Harvest Asset Wallet (MVP) released, First app – UMedia (MVP) released.

Q4 2018 – UDAP MIDDLEWARE V0.4 RELEASED, Harvest Asset Wallet & UMedia officially released.

Q2 2019 – UDAP MAINNET INFRASTRUCTURE V0.5 BUILT AND SHARED, More business partner’s application released.

Q4 2019 – UDAP MAINNET DEPLOYED, C2C Asset Marketplace released, More community projects kicked off

Q1 2020 – UDAP MIDDLEWARE V1.0 OPERATED, C2C Asset Marketplace operated.

NOTE: This article is just a guide to prospective clients, investors and every person scorching for a slice of this amazing project,

03.jpg



ip.bitcointalk.org4.png

For more information, please visit the links I have provided below;


Website: https://www.udap.io/
Whitepaper: https://www.udap.io/whitepapers/UDAP-Whitepaper-English-v08.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5069084
Telegram: https://t.me/udapcommunity
Twitter: https://twitter.com/udapfoundation
Facebook: https://www.facebook.com/udapfoundation
Bounty: https://bitcointalk.org/index.php?topic=5071808.0

Author
Author: walesodiya
Email: walesodiya@gmail.com
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2160355
Eth Address: 0xd5138067078B32BA7800b399bC77C49deaA3f2f5

UDAP

The real essence of blockchain and cryptocurrency is to distribute decision-making powers from central authorities and big powerhouses through decentralization. One of the more interesting features of cryptocurrency is that it can't be controlled by any middlemen or authorities. On platforms like Bitcoin network where the framework is peer to peer, the transfer of real value does not require the contribution of any central power, since exchanges are approved by a distributed set of miners that exist on the system. Sadly the concept of decentralization which exists as the basis of cryptocurrency has not been completely adopted in cryptocurrency exchanges. Majority of popular exchanges with massive trading volumes are designed on centralized framework rather than on decentralized framework.

While blockchain technology has been remarkable for business and administration because of the level of transparency and security, it is still up to cryptocurrency exchanges and their clients to protect important information and assets

I have used different cryptocurrency trading platforms and seen that most other users are often confused about making choice of cryptocurrency exchanges due to some of the problems faced on the platforms. These numerous problems such as insecurity, scalability, ease of use, simple user experience and many more are the reasons why the MoonX platform is created. Moonx will alter the crypto trade framework particularly in its effort to making it individuals oriented and free from all middlemen and powerhouses.






UDAP, a Unіvеrѕаl Dесеntrаlіzеd Aѕѕеt Plаtfоrm, іѕ a blосkсhаіn mіddlеwаrе thаt provides Restful APIs аnd аn 'Asset Wallet' for application dеvеlореrѕ to сrеаtе powerful blockchain bаѕеd аррlісаtіоnѕ wіthоut writing any smart contracts. It'ѕ a 'layer two' ѕоlutіоn tо non-fungible аѕѕеtѕ tо ѕіmрlіfу аnd ассеlеrаtе blockchain application development.

As Satoshi Nakamoto writes, they are needed to enable “electronic transactions without relying on trust.” A complete, immutable public record of transactions is not a design goal in cryptocurrencies (Nakamoto, 2008). Nakamoto wrote that “To accomplish this without a trusted party, transactions must be publicly announced.” (Dai, 1998). Blockchain promises to solve this problem. The technology at the heart of bitcoin and other virtual currencies, blockchain is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.
The ledger itself can also be programmed to trigger transactions automatically. Bitcoin is one of the best samples but has some disadvantages. Those are Turing incompleteness, value blindness and verification time. Turing incompleteness is simply the inability to use the while and for statements. The bitcoin also has a script, but it is equipped with an OPCODE that can execute only a simple command.

OVERVIEW OF UDAP

UDAP, a Universal Decentralized Asset Platform, is a blockchain middleware that provides Restful APIs and an ‘Asset Wallet’ for application developers to create powerful blockchain-based applications without writing any smart contracts. It’s a ‘layer two’ solution to non-fungible assets to simplify and accelerate blockchain application development.
UDAP is a blockchain-based asset protocol that sits between applications and public blockchains to provide Restful APIs and an “Asset Wallet” for application developers to create powerful blockchain-based applications without writing any smart contracts.
In what we call an “Asset Oriented Programming” model, app developers take advantage of the traditional Internet application architecture and use UDAP as a layer of asset tokenization, transaction notarization and contract adjudication in case of dispute.
UDAP Middleware Core Services
Token Services
The service helps applications to quickly tokenize in-app assets, such as tickets, IP rights, certificates, and game assets. It also helps the application to create in-app currencies.
Technically UDAP provides multiple modules to speed up app development
Token service, to manage the full life-cycle of asset-backed crypto-tokens. Applications can immediately register token-based assets on a chain and offer a built-in marketplace to their customers.
State channels service, to allow applications to conduct transactions mostly offline and secured by public blockchains, such as Ethereum.
Data obfuscation service, to hide the ownership of assets, using Ring Signature technology.
Secure content distribution for digital content assets, using Proxy Re-Encryption technology.
Exchange service, for decentralized asset trading, including app-currencies and asset tokens.
Universal wallet for a versatile mobile user interface to deal with any token-backed assets that UDAP has helped to maintain.
State Channels Service
The service implements state channel technology to help the application to properly partition their application logic between on-chain and off-chain, to achieve the best of off-chain efficiency and on-chain persistence. This is critical to minimizing the cost and providing the best possible user experience.
The solution offered – “Why UÐAP is so important?
The idea here is to solve the problems by adopting and using state channel technology.
For example, the issue of scalability can be tackled because the technology treats blockchain as the dispute adjudication platform that normally is involved in the minute-by-minute operations, but only plays its role when contracts need to be executed and very important assets need to be protected.
By leveraging state channel, transactions can run remotely off blockchain and with this arrangement cost is drastically cut down.
In addressing the concerns often raised regarding privacy, UDAP gives users the technology to control the visibility of their assets.
Finally, as it concerns the degree of responsiveness, the platform by leveraging state channels would enable blockchain supported applications to provide the best possible UX in addition to a number of special features of decentralized ledgers.
It should be noted that UDAP does not in any way represent a generic State Channel framework. It is rather an implementation of State Channels that are guided to the applications that deal with non-fungible assets.
Before we take a step forward into shedding some light on the UPX Token, let’s take a little detour into The Core Concepts of UÐAP:
The Core Concepts
NO.1 Protocol – Singular
Singular is a new asset account model, it defines how a thing is tokenized and how it deals with ownership and trading in a decentralized way. The Singular asset model implements a concept: One thing = One smart contract
The Singular project is a natural development in the spirit of some of the earlier blockchain proponents who had envisioned what blockchain with smart contracts would achieve.
NO.2 Middleware – UDAP
The fundamental concept of the Internet of Asset Protocol is to build a “Thick Protocol + Thin Application”.
Application developers only need to have sufficient knowledge and understand their business logic and user experience, Therefore, the application is thinner and easier. A thick protocol based on UDAP middleware helps them to accelerate the blockchain development, to secure the transactions, and to reduce the development costs.
UDAP Middleware Core Services
Token Service
The service helps applications to quickly tokenize in-app assets, such as tickets, IP rights, certificates, and game assets. It also helps an application to create in-app currencies.
State Channels Service
The service implements state channel technology to help the application to properly partition their application logic between on-chain and off-chain, to achieve the best of off-chain efficiency and on-chain persistence. This is critical to minimizing the cost and providing the best possible user experience.
NO.3 Asset Wallet
Harvest Wallet is an Asset Wallet that supports ERC20, ERC721, and Singular types tokens. It provides individual users with great convenience and a unified interface to tokenize, manage and publish their own tokens, various fungible and non-fungible assets, and third-party applications can plug-in the wallet too.
Mint, manage and publish tokens
Support third-party apps that generate a wide range of assets.
It provides a programmable UI for third-party applications to develop a complete user experience
NO.4 Applications
UMedia is a marketplace for collectible music and other forms of digital media assets on your mobile phone, it included some complicated blockchain programming modules like all different token services, marketplace, Proxy Re-Encryption, State Channel, Singular. UMedia is to demonstrate the technical capabilities of UDAP. It’s so easy to make a Dapp by UDAP. Developers can use UDAP’s middleware to transfer their normal business into token-based business just like UMedia does.
More different Dapp coming powered by UDAP, such as Ticketing, Social, Education, Gaming, Health, Supply Chain Finance, Data Center, Technical Community, Travel, E-Commerce, Library and so on.
Now that you have an idea of how it all goes down, I know you are surging to participate already. Check out the details below! I am sure it will help!
UPX Token
UDAP Foundation issues the UDAP token (also known as UPX token). UPX tokens are used to make deposits required to become a UDAP service consumer. Transaction fees, gas payments (i.e. smart contract execution fees) and persistent storage payments are also usually collected in UPX tokens.
UPX tokens are implemented using the Ethereum ERC20 standard. The Total Supply is 10,000,000,000.UPX tokens can be acquired in the following ways: Token Distribution Event (TDE) Purchase of UPX tokens from secondary markets, such as cryptocurrency or token exchanges Airdrop (this method is intended as a means of popularizing the UDAP).


Token Details

Token – UPX

Platform – Ethereum

Type – ERC20

Pre ICO price 1 UPX = 0.0164 USD

Price in ICO – 0.0083 USD

Tokens for sale – 4,000,000,000

Distribution of Tokens

ROADMAP

2017 Q2 – PROJECT KICKOFF.

Q4 2017 – RESEARCH COMPLETED, Coding started, Core Team built up.

Q1 2018 – UDAP FOUNDATION LAUNCHED, Technical white papers released, Started coding Proof-of-Concept prototypes and demos.

Q2 2018 – UDAP CONCEPT COMPLETED, Expand eco-system and community.

Q3 2018 – UDAP MINIMUM VIABLE PRODUCT(MPV) DEPLOYED AND RELEASED, State channel modules complete, Harvest Asset Wallet (MVP) released, First app – UMedia (MVP) released.

Q4 2018 – UDAP MIDDLEWARE V0.4 RELEASED, Harvest Asset Wallet & UMedia officially released.

Q2 2019 – UDAP MAINNET INFRASTRUCTURE V0.5 BUILT AND SHARED, More business partner’s application released.

Q4 2019 – UDAP MAINNET DEPLOYED, C2C Asset Marketplace released, More community projects kicked off

Q1 2020 – UDAP MIDDLEWARE V1.0 OPERATED, C2C Asset Marketplace operated.

NOTE: This article is just a guide to prospective clients, investors and every person scorching for a slice of this amazing project,

03.jpg



ip.bitcointalk.org4.png

For more information, please visit the links I have provided below;


Website: https://www.udap.io/
Whitepaper: https://www.udap.io/whitepapers/UDAP-Whitepaper-English-v08.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5069084
Telegram: https://t.me/udapcommunity
Twitter: https://twitter.com/udapfoundation
Facebook: https://www.facebook.com/udapfoundation
Bounty: https://bitcointalk.org/index.php?topic=5071808.0

Author
Author: walesodiya
Email: walesodiya@gmail.com
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2160355
Eth Address: 0xd5138067078B32BA7800b399bC77C49deaA3f2f5

UDAP

As the most popular and wildly used, centralized cryptocurrency exchanges have gathered a significant amount of influence over the years. The centralized exchanges control the power to make or break blockchain projects, and usually, they are the only businesses that remain lucrative regardless of the level of volatility and instability that the cryptocurrency markets experiences.

The massive wealth and influence that centralized exchanges posses have led to serious unethical acts of market manipulation and exploitation that emphasize exactly the reasons why decentralized exchanges are needed now more than ever.

A shocking information was brought to light by crypto Trader named Silvain Ribes, where he believes that far above $3 billion of all crypto assets’ volume are fabricated and unreal and that OKex, which is the number one exchange rated by volume is the main offender with up to 93% of its volume being fake.





UDAP, a Unіvеrѕаl Dесеntrаlіzеd Aѕѕеt Plаtfоrm, іѕ a blосkсhаіn mіddlеwаrе thаt provides Restful APIs аnd аn 'Asset Wallet' for application dеvеlореrѕ to сrеаtе powerful blockchain bаѕеd аррlісаtіоnѕ wіthоut writing any smart contracts. It'ѕ a 'layer two' ѕоlutіоn tо non-fungible аѕѕеtѕ tо ѕіmрlіfу аnd ассеlеrаtе blockchain application development.

As Satoshi Nakamoto writes, they are needed to enable “electronic transactions without relying on trust.” A complete, immutable public record of transactions is not a design goal in cryptocurrencies (Nakamoto, 2008). Nakamoto wrote that “To accomplish this without a trusted party, transactions must be publicly announced.” (Dai, 1998). Blockchain promises to solve this problem. The technology at the heart of bitcoin and other virtual currencies, blockchain is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.
The ledger itself can also be programmed to trigger transactions automatically. Bitcoin is one of the best samples but has some disadvantages. Those are Turing incompleteness, value blindness and verification time. Turing incompleteness is simply the inability to use the while and for statements. The bitcoin also has a script, but it is equipped with an OPCODE that can execute only a simple command.

OVERVIEW OF UDAP

UDAP, a Universal Decentralized Asset Platform, is a blockchain middleware that provides Restful APIs and an ‘Asset Wallet’ for application developers to create powerful blockchain-based applications without writing any smart contracts. It’s a ‘layer two’ solution to non-fungible assets to simplify and accelerate blockchain application development.
UDAP is a blockchain-based asset protocol that sits between applications and public blockchains to provide Restful APIs and an “Asset Wallet” for application developers to create powerful blockchain-based applications without writing any smart contracts.
In what we call an “Asset Oriented Programming” model, app developers take advantage of the traditional Internet application architecture and use UDAP as a layer of asset tokenization, transaction notarization and contract adjudication in case of dispute.
UDAP Middleware Core Services
Token Services
The service helps applications to quickly tokenize in-app assets, such as tickets, IP rights, certificates, and game assets. It also helps the application to create in-app currencies.
Technically UDAP provides multiple modules to speed up app development
Token service, to manage the full life-cycle of asset-backed crypto-tokens. Applications can immediately register token-based assets on a chain and offer a built-in marketplace to their customers.
State channels service, to allow applications to conduct transactions mostly offline and secured by public blockchains, such as Ethereum.
Data obfuscation service, to hide the ownership of assets, using Ring Signature technology.
Secure content distribution for digital content assets, using Proxy Re-Encryption technology.
Exchange service, for decentralized asset trading, including app-currencies and asset tokens.
Universal wallet for a versatile mobile user interface to deal with any token-backed assets that UDAP has helped to maintain.
State Channels Service
The service implements state channel technology to help the application to properly partition their application logic between on-chain and off-chain, to achieve the best of off-chain efficiency and on-chain persistence. This is critical to minimizing the cost and providing the best possible user experience.
The solution offered – “Why UÐAP is so important?
The idea here is to solve the problems by adopting and using state channel technology.
For example, the issue of scalability can be tackled because the technology treats blockchain as the dispute adjudication platform that normally is involved in the minute-by-minute operations, but only plays its role when contracts need to be executed and very important assets need to be protected.
By leveraging state channel, transactions can run remotely off blockchain and with this arrangement cost is drastically cut down.
In addressing the concerns often raised regarding privacy, UDAP gives users the technology to control the visibility of their assets.
Finally, as it concerns the degree of responsiveness, the platform by leveraging state channels would enable blockchain supported applications to provide the best possible UX in addition to a number of special features of decentralized ledgers.
It should be noted that UDAP does not in any way represent a generic State Channel framework. It is rather an implementation of State Channels that are guided to the applications that deal with non-fungible assets.
Before we take a step forward into shedding some light on the UPX Token, let’s take a little detour into The Core Concepts of UÐAP:
The Core Concepts
NO.1 Protocol – Singular
Singular is a new asset account model, it defines how a thing is tokenized and how it deals with ownership and trading in a decentralized way. The Singular asset model implements a concept: One thing = One smart contract
The Singular project is a natural development in the spirit of some of the earlier blockchain proponents who had envisioned what blockchain with smart contracts would achieve.
NO.2 Middleware – UDAP
The fundamental concept of the Internet of Asset Protocol is to build a “Thick Protocol + Thin Application”.
Application developers only need to have sufficient knowledge and understand their business logic and user experience, Therefore, the application is thinner and easier. A thick protocol based on UDAP middleware helps them to accelerate the blockchain development, to secure the transactions, and to reduce the development costs.
UDAP Middleware Core Services
Token Service
The service helps applications to quickly tokenize in-app assets, such as tickets, IP rights, certificates, and game assets. It also helps an application to create in-app currencies.
State Channels Service
The service implements state channel technology to help the application to properly partition their application logic between on-chain and off-chain, to achieve the best of off-chain efficiency and on-chain persistence. This is critical to minimizing the cost and providing the best possible user experience.
NO.3 Asset Wallet
Harvest Wallet is an Asset Wallet that supports ERC20, ERC721, and Singular types tokens. It provides individual users with great convenience and a unified interface to tokenize, manage and publish their own tokens, various fungible and non-fungible assets, and third-party applications can plug-in the wallet too.
Mint, manage and publish tokens
Support third-party apps that generate a wide range of assets.
It provides a programmable UI for third-party applications to develop a complete user experience
NO.4 Applications
UMedia is a marketplace for collectible music and other forms of digital media assets on your mobile phone, it included some complicated blockchain programming modules like all different token services, marketplace, Proxy Re-Encryption, State Channel, Singular. UMedia is to demonstrate the technical capabilities of UDAP. It’s so easy to make a Dapp by UDAP. Developers can use UDAP’s middleware to transfer their normal business into token-based business just like UMedia does.
More different Dapp coming powered by UDAP, such as Ticketing, Social, Education, Gaming, Health, Supply Chain Finance, Data Center, Technical Community, Travel, E-Commerce, Library and so on.
Now that you have an idea of how it all goes down, I know you are surging to participate already. Check out the details below! I am sure it will help!
UPX Token
UDAP Foundation issues the UDAP token (also known as UPX token). UPX tokens are used to make deposits required to become a UDAP service consumer. Transaction fees, gas payments (i.e. smart contract execution fees) and persistent storage payments are also usually collected in UPX tokens.
UPX tokens are implemented using the Ethereum ERC20 standard. The Total Supply is 10,000,000,000.UPX tokens can be acquired in the following ways: Token Distribution Event (TDE) Purchase of UPX tokens from secondary markets, such as cryptocurrency or token exchanges Airdrop (this method is intended as a means of popularizing the UDAP).


Token Details

Token – UPX

Platform – Ethereum

Type – ERC20

Pre ICO price 1 UPX = 0.0164 USD

Price in ICO – 0.0083 USD

Tokens for sale – 4,000,000,000

Distribution of Tokens

ROADMAP

2017 Q2 – PROJECT KICKOFF.

Q4 2017 – RESEARCH COMPLETED, Coding started, Core Team built up.

Q1 2018 – UDAP FOUNDATION LAUNCHED, Technical white papers released, Started coding Proof-of-Concept prototypes and demos.

Q2 2018 – UDAP CONCEPT COMPLETED, Expand eco-system and community.

Q3 2018 – UDAP MINIMUM VIABLE PRODUCT(MPV) DEPLOYED AND RELEASED, State channel modules complete, Harvest Asset Wallet (MVP) released, First app – UMedia (MVP) released.

Q4 2018 – UDAP MIDDLEWARE V0.4 RELEASED, Harvest Asset Wallet & UMedia officially released.

Q2 2019 – UDAP MAINNET INFRASTRUCTURE V0.5 BUILT AND SHARED, More business partner’s application released.

Q4 2019 – UDAP MAINNET DEPLOYED, C2C Asset Marketplace released, More community projects kicked off

Q1 2020 – UDAP MIDDLEWARE V1.0 OPERATED, C2C Asset Marketplace operated.

NOTE: This article is just a guide to prospective clients, investors and every person scorching for a slice of this amazing project,

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For more information, please visit the links I have provided below;


Website: https://www.udap.io/
Whitepaper: https://www.udap.io/whitepapers/UDAP-Whitepaper-English-v08.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5069084
Telegram: https://t.me/udapcommunity
Twitter: https://twitter.com/udapfoundation
Facebook: https://www.facebook.com/udapfoundation
Bounty: https://bitcointalk.org/index.php?topic=5071808.0

Author
Author: walesodiya
Email: walesodiya@gmail.com
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2160355
Eth Address: 0xd5138067078B32BA7800b399bC77C49deaA3f2f5