Welcome friends of Unifinity! Firstly, we want to thank you for your patience as we were finalizing the details for the upcoming crowd sale. We are Launching our Token sale together with Gravitas International.
We have promised to enhance the learning experience for all users whilst continuing to grow our community. For this reason, we decided to hold our Early-Bird Token Sale — or simply, a contributor round. We hope you feel invited and more connected to Unifinity through this opportunity.
UNIFINITY TOKEN ECONOMICS
The First to Tokenize the Grading system by giving value to all the students who are facing difficulties and challenges in funding their school and education fees.
We are introducing a new way to fund the Education in the form of Gamification and Rewards by utilizing smart contracts. We will be introducing the Sister Tokens. ERC20 ( Unifinity Credits) ERC777 (Unifinity Points) , they are the driver of the rewards which will run via smart contract. But first let me explain what are these two,
Unifinity Credits is a Standard ERC20 Token in the form of a digital asset token, will serve as the token payment within the institution whilst also utilized as credit which can be spent through partnering merchants. UNY credits will be publicly listed and can be considered as a tradable asset.
The use cases for the UNYC offered to educational establishments vary greatly.
While Unifinity Points is a Standard ERC- 777 Token which will serve as the Point Based Token that manages the Remarks Distributed by the Validator to the Verifier to the Receiver.
Unifinity Points is a platform based token which can only work within the Unifinity Application. The aim of the UNY Points is to reward the student based on their Good behavior, Proof of Activity, Proof of Attendance using the Digital Identity which will be a Unique Identity Token that tracks and monitor the Attendance using Digital Timestamp and Performance via the set rules of the Verifier which is the Teacher that is validated by the Validator which is the University. Unifinity Points have unique features that can be swapped to UNY Credits at zero gas fees.
Unifinity Points is considered as a hybrid Token that functions as an ERC20. The Design mechanism of the Unifinity Rewards Distribution Platform is to protect the Students’ remarks by incentivizing them to continue their studies and perform in Class. UNY Points will only be distributed in the event that they submitted and completed the task generated by the teachers/educators or if students attend the Classes and complete their Attendance which is Marked completed by the Validator.
This Token model is created to drive massive adoption in a healthier and peaceful way with the help of the EduTech Application that is now live and currently being tested by the Academic Partners of Unifinity.
How to become a Contributor?
What is the Plan for a Contributor? , Like any Kickstarter and crowd sale project, we value the contributor by providing them the Unifinity Credits which will be used in the platform for payments and a tradable asset.
Where can you spend the Credits?
Like any Academic provider, there are multiple benefits that you can enjoy in the platform in the future since the credits can be converted into points were to earn more points, The contributor can also take classes and lessons submitted by the Academic partners, where they can earn more points just by upscaling their knowledge. The Early Contributors will get discounted courses offered in the Unifinity Application and The future development of the Dream Portal where it will give the contributor access to Bill payments using the credits, Payment for insurance, real estate, and more.
We value everyone equally and your contribution will mean a lot to the future development of the Unifinity Application Enhancement.
Where are we now on the development?
The early stage of development had been pre-funded and capitalize by the Founder and the Early-stage contributors agreed to lock the tokens for a period of 12 months.
The Edtech application is the core processor of the Unifinity Application , Unifinity secured contracts for 3 years together with the partners in Africa, Cambodia, Philippines , India and the monetization part of the Unifinity will start by next year with a projection of onboarding the first 5000- 10,000 students as part of the Beta Program, where Unifinity will seek the academic partners support on the implementation of the remarks and Points distribution and by collecting the necessary data needed and Market validation coming from the Beta Participants. The Beta Program will run from August 2020 — December 2020 via Ropstein Network.
We are now on the next round of development, which will need development funds that will be used for Certificate vault, A Vault to store a Full Proof Certificate Issuance system using the IVCIS — Identity Verification and Certificate Issuance System, to simplify the Blockchain-based certificate creation for the Academic provider.
To develop the mobile base application and the development for the Score distribution and AMMS — Attendance Monitoring and Management system that use Digital Time Stamp and Proof of Attendance of the Reciever.
Your support is highly appreciated!
How to Participate?
Please find the details for our contributor round below:
- The First Pre Qualifying Contributor round will begin on July 26th (12:00:00) and will end by August 26th (23:59:59) UTC
- Amount of UNY available for the First Round is 75,000,000
- We will be allocating 30% Bonus to 5 Ether and 50% Bonus to 10 Ether Above.
- The price of 1 ETH will be 7,000 UNIFINITY CREDITS (UNYC).
- Crowdsale will occur on Token.unifinity.co
Because our contributor round will occur on UNY Wallet website, it is important to note that interested participants MUST adhere to following are the rules of participation:
1. Participation requirement
- Users must complete the KYC process to be eligible to claim any bonus tokens
- Participants must be a non-US citizen and a non-Mainland Chinese citizen.
- Participants must have access to an Ethereum wallet capable of storing.
2. To Participate on our crowd sale
- Minimum subscription: 1 ETH worth of Unifinity Credits
- Maximum subscription: 150 ETH worth of Unifinity Credits
- The amount of purchase can only be a multiplier of 1 ETH
3. Token sale process
- Eligible users can connect to our Early-Bird Token Sale using Metamask or if Contributor have no access to an Ether wallet. User can generate an Ether Address in UNY WALLET.
- Unifinity Contributor round is conducted on a first-come, first-served basis and once the allocated tokens are distributed, the crowdfunding will end regardless of the sale period
- Please check your balance prior to completing a transaction. If the balance is insufficient, the transaction will not be successful.
For more inquiries on how to participate. Join our Telegram Channel, Facebook, Linkedin, Twitter.
We would like to thank all of you for your continued support for Unifinity!
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