Average rating : HIGH
Ultrain Technology Limited is the next generation public-blockchain technology venture that focuses on building a high performance decentralized blockchain platform through its programmable tech-infrastructure. Ultrain is committed to construct a responsible and sustainable commercial ecosystem that enables all industrial applications. With its groundbreaking innovations in cryptography and based upon a complete decentralized public network, Ultrain is able to provide multi-folds more advanced technical performance to fundamentally solve the performance and scalability issues comparing to other traditional public blockchain platforms.
|Private-sale:||NO INFO||20,000,000 / 20,000,000 USD raised|
|Crowd-sale:||NOV 20 - ...||ACTIVE|
Raised: 20,000,000 of 20,700,000USD ( 97%)
|Ticker:||UGS||Available for token sale:||20|
|Token type:||OWN WALLET||Private-sale/pre-sale token price:||0.2USD/|
|Accepts:||Private-sale/pre-sale bonus:||no info/ no info|
|Prototype:||Pre-sale min/max personal cap:|
|Team:||13 persons||Crowd-sale token price:||0.11 USD|
|Team residence:||Crowd-sale min/max personal cap:|
|Company residence:||China||Cant participate:|
Ultrain is an ambitious project that aims to make usage of AI and IoT technologies an everyday occurrence. In addition, it is aiming to establish itself as a highly scalable blockchain platform that houses a wide range of dApps. As a result, Ultrain is operating in an extremely competitive market sector and going up against projects such as Ethereum, EOS, Cardano, Hedera Hashgraph, and platforms will a regional appeal such as Neo and Icon.
On top of this, their platform infrastructure that aims to bridge DLT, AI, and IoT technology may prove to be too difficult to realistically pull off, with the proposed IoT economy still years away. Also the project appears to be too wide ranging, and will need to develop itself in China and across Asia, before becoming a global presence.
As Ethereum continues to work on scaling, and Neo and EOS go through a period of uncertainty, their remains the possibility for another platform to establish itself. Ultrain is well positioned to become a significant presence in China and has a very strong team and strong business partnerships. The team have solid experience of working for Google, Alibaba, Alipay, Nokia, and various leading organizations. In addition, partnerships have already been secured with leading Chinese companies such as Taihe Maitian, UC Express, Hangzhou H-CRM Technology, and Shanghai Mixmarvel Technology. On top of this, Ultrain is smartly developing a global base of influential regional community leaders, and has already secured $20 million in funding from a number of leading funds including Draper Dragon, FBG Capital, DanHua VC, Arrington XRP Capital, Morningside Capital, and Ceyuan Capital.
However, there is still little to go on with no MVP available, and participants must be happy with a small allocation for private investors, with the majority f tokens being generated by mining. As a result, Ultrain may suit the long term investor, or anyone enamoured with the project who can wait until the tokens hit the secondary market.see more
Ultain aims to be the Next Generation Public Blockchain and aims to compete with likes of Ethereum , EOS , Quarkchain etc. Team looks strong & have worked with reputed organizations like Alibaba, IBM, Google Chrome. Project is backed by top VCS like NGC, DHVC, FBG, Arringgton capital . Roadmap is long with Mainet going live in Q2 2019 .The ICO/Genesis Mining for UGAS looks attractive as UGas is offered at 50% discount. The project certainly looks good for shorterm & Medim term . Longterm Uncertainsee more
19-Nov. Уже медиум - капу повысили. Первый серьезный проект на бгого. Вопрос престижа для них.see more