U2U Network - a modular Layer1 network leveraging DAG technology and EVM compatibility for high performance, scalability, and security. Its innovative Subnet technology enables the creation of customizable, independent sub networks, offering unparalleled scalability and flexibility for DePIN applications.
KuCoin Ventures, Chain Capital, IDG Blockchain Capital, Cointelegraph, V3V, JDI Ventures, Tesseract, IBG, Blockhive, Maxx Capital, UB Ventures, and many more.
U2U Network’s core team comprises industry leaders with deep expertise and proven track records in blockchain, technology, and business development.
At the helm is Mr. Lew Tran, an early contributor to Ethereum back in 2015, whose extensive experience includes working at global tech giants Google and Saleforce. As the former CTO of KardiaChain, a groundbreaking Layer 1 blockchain, Lew spearheaded innovations such as dual master node technology and decentralize finance services.
Joining the leadership is Mr. Tuan Anh, also the CEO of Timebit OTC, Vietnam’s largest OTC cryptocurrency marketplace. With strategic partnerships with major platforms like OKX and Binance under his guidance, Timebit OTC achieved an impressive $400 million in trading volume, solidifying its market leadership.
Completing the core team is Ms. Chloe Phung, co-founder and former CEO of Bvnex.com, Vietnam’s first fiat-to-crypto exchange. During her tenure, Chloe established a robust network of relationships with governance bodies, top Chinese venture capital firms, and leading cryptocurrency exchanges, bridging traditional finance with blockchain technology.
U2U Network Achievements:
✅ 13000 DePIN Subnet Node Tier 1 sold out
✅ 37+ DePIN Projects in our DePIN ecosystem.
✅ Partner: Coinlist, Bitget Wallet, AWS, Klaytn, Wintermute, Messari.
✅ Network users: 1,000,000+ total users, 600,000+ monthly active users.
✅ More than 1,100,000 Mobile hardware has been connected and contributing in the network through DePIN Alliance Dapp.
✅ U2DPN (U2U Network’s decentralized VPN product): over 68,000 GB of bandwidth and connected nearly 71,000 nodes in 170 countries.
✅ Communities across top markets in the industry: China, Korea, Japan, Vietnam, Indonesia, Turkey, Russia, other European countries.
✅ X: ~380,000 members with average engagement at 25%.
Transaction Fees (Gas Fees): Tokens are used to pay for transaction fees when users send transactions or interact with smart contracts on the network.
**Staking and Security: ** Tokens are used for staking. Validators or delegators lock up a certain amount of tokens to participate in the consensus mechanism, securing the network and earning rewards.
Governance: Token holders can participate in the governance of the network. This can include voting on protocol upgrades, changes to the network's parameters, or the allocation of resources in decentralized autonomous organizations (DAOs).
Incentives and Rewards: Tokens can be used to reward users for certain behaviors, such as providing liquidity, participating in governance, or contributing to the development of the network.
Collateral for DeFi: Tokens can be used as collateral for loans, staking in liquidity pools, and other financial products.
Utility within DApps: Tokens can be used as a utility within DApps. This could involve paying for services, accessing premium features, or other use cases specific to the DApp.
Utilities within Subnet: Subnet Node Operators use Tokens to pay for Verification Nodes between Subnet and L1
Tokens can be used as payment currency, hiring resources from Subnet Node Operators, or pay for services on Subnet dApps
Ethereum: 1,000,000,000 U2U
U2U Mainnet: 9,000,000,000 U2U
Total token sale: 71,428,572 U2U tokens
Token price: $0,007 per U2U token
Initial Market Cap: $7,427,000
Fjord Foundry participants can start claiming tokens at 10:30 AM UTC, 10th December, 2024
$U2U listing date: 10:00 AM UTC 10th December, 2024
For IDO Participants on Fjord: Participants on Fjord Foundry: You will receive U2U ERC-20 tokens on the Ethereum network and can deposit them for trading on Exchanges, please check which exchanges support deposit of U2U ERC-20 Token. U2U ERC-20 tokens will be available on both CEXs and DEXs.
Ethereum$U2U
