Hello everyone in this article I will present an interesting ICO analysis, called Token Union, based on some of the following criteria:
Get Rewarded for Holding Crypto.
TokenUnion is a decentralized application that automatically rewards you for holding Ether or ERC20 tokens.
A better way to store crypto
Fully autonomous reward distribution
Upon storing tokens in their Holding Contract, the user agrees to pay a static fee of UNI, our native token, when they wish to withdraw. When a user pays the fee, a smart contract programmatically distributes the fee amongst all network participants as a reward, proportional to the percentage of the Total Network Value (TNV) they constitute.
Completely decentralized and provably fair
The TokenUnion network does not rely on a central authority to function. It operates entirely on its own, based on predetermined conditionals written into the code. It will function as intended for as long as the Ethereum blockchain exists.
Users send tokens into their Holding Contract and earn rewards in the denomination of the same tokens they hold. Set it and forget it.
Get rewarded in the same tokens you hold
The rewards a user receives get converted to the same tokens they hold in their Holding Contract via Bancor. For example, if you receive 1,000 UNI as a reward and hold 60% BAT and 40% OMG, 600 UNI worth of BAT and 400 UNI worth of OMG will be deposited back into your Holding Contract, thereby increasing your underlying position size.
How it Works
A look into how TokenUnion works under the hood
Monitor your holdings like never before
View your Holding Contract in real time through the TokenUnion web app and mobile app.
Trust us. We've done this before
Our team has built dozens of products, hails from Stanford, Princeton, Columbia, University of California, Carnegie Mellon, NYU, and has worked at Amazon, Goldman Sachs, Earn.com, JP Morgan, Coindesk and AngelList.
Shayne Coplan - CEO
Ryan Hendricks - Lead Solidity Developer
Samuel Mlodozeniec - Blockchain Developer
Jared Madfes - Director of Operations
Sean Park - Software Developer
Terry Li - Blockchain Developer
Mark Barrasso - Security Engineer
Brandon Latteri - Marketing
Yash Patel - Solidity Developer
Don't just take our word for it. We're backed by these great advisors.
Ethereum ICO Architect
Advisor at Bancor, StormX, Lisk, ZCash, Aion, Ripio, Polymath
Cofounder of CryptoOracle
Cryptocurrency Thought Leader
Cofounder of CryptoOracle
Founder of PALCapital
Former SEC Prosecutor
Former VP at Deutsche Bank
Founder and CEO of Lawnmower (Acq. CoinDesk)
Founding Partner at Angle Capital
Founder and CEO of Token Daily
Community at Product Hunt and AngelList