English name of Token: ugChain
Ticker of Token: UGC
Chinese name of Token: N/A
Country of Incorporation: Singapore
Investors:Blockchain Industry Alliance and Blockchain Industry Fund[Started by Canaan,Forgame(00484.HK),Hc360(02280.HK),PeopleCapital and KEDA Group(600986.SH)]
Industry&Facts & figures:
Gaming Industry,virtual asset management platform,Global Blockchain Gaming Developer Alliance,E-sports Battle Platform Carry,E-sports Extension Industry.
Description of the project:
ugChain is a virtual ecosystem consisting of a virtual asset management platform and a series of decentralized game applications. The ecosystem has built-in token UGC which simultaneously has the equity attribute and monetary attribute.
ugChain uses the double-blockchain mechanism, which fits decentralized application of ecosystem and ease of use principles to support eco-participants in various countries and regions to establish the main application.
Total available supply: 1,000,000,000 UGC
Tokens in circulation: 500,000,000 UGC
Pre-sale start date: N/A
Pre-sale amount: N/A
Public sale start date: N/A
Public sale amount: N/A
Public sale price:N/A
(Memo:UGC was swapped to UGT on Dec.13.2017, 10 UGC=1 UGT)
50% UGCs (500,000,000) market circulation
20% UGCs (200,000,000) distributed to community initiatives concerning business development, as well as academic research and education
10% UGCs (100,000,000) distributed to market promotion and expansion
10% UGCs (100,000,000) destroyed according to the original UGT refund ratio
5% UGCs (50,000,000) distributed among founders, and the development team
5% UGCs (50,000,000) distributed among early backers and consultants
Official site: http://www.ugchain.org/
This document is compiled from the official whitepaper and relevant documents provided by the token team, to provide investors an overview of the token. The information in this document is collected through formal legal channels. We make every effort to provide complete and accurate information. However, we do not guarantee accuracy, completeness, timeliness or correct sequencing of the information. This information is not to be regarded as investment advice, or legal proof, or evidence.