Uncloak is the world’s first blockchain network which is currently in such unique position that they are establishing the relevance of the sources of current and future cyber threat data all over the internet for multiple clients subscribing the platform by the usage of the engine for the threats detected by Artificial Intelligence as a standard because of the diligence approach to the effective cyber threat management.
It has imposed next generation of cybersecurity for threat management powered by cyber threat solution putting the businesses into a step ahead of hackers. It has the ability to develop the cybersecurity consultancy and software developing in-house massive benefits to understanding actual consumer demand for particular software features.
Ecosystem
Uncloak has generated a formal framework for the support by the software development partners wishing to facilitate the integration of the technology. This also emphasizes the development and promotion enhanced with the product solutions. It expands the breadth and the capability throughout the global security solution ensured by Uncloak.
The aim is providing an interface to lead the software development with a team implementing the solution into the platform permitting the end users quicker powering up the situation by Uncloak for the private and public cloud environment. It consists of the platform for future development of Microsoft Azure, IBM, Google, AWS, and Mirantis.
Tokens
Uncloak platform uses two tokens for triggering the system distribution. The names of the tokens are UNC and UCC. UNC uses Ethereum based ERC20 format of the token and it can trade externally. The characteristics for UNC are standardized by the industry used by the majority of tokens. This will run through Ethereum network which is cost-effective while transacting at a slower speed.
On the other hand, UCC uses EOS format and it can only be used in the platform for rewarding the hunters and validators to find out the vulnerabilities lower latency transaction, free usage, multiple threads turning complete strategy is the characteristics of UCC tokens of Uncloak platform.
Usage and Characteristics of Tokens
UCC and UNC tokens have some characteristics that make the system usable enough towards the users:
UNC tokens can be purchased as a token or can be exchanged using the cryptocurrency Ethereum new, BTC dependent on the exchange of usage
The UNC tokens can also be purchased through exchange or by the subscription to the Uncloak platform for fiat currency
The hunters and validators have authority to earn UCC tokens using the platform for finding the validating new vulnerabilities converting tokens into the tradable UNC tokens ensuring the registration to the crypto wallet
UCC tokens can absorb the amount remaining of UNC tokens by allocating the UCC tokens. It has the ability to exchange the payments in Ethereum through Uncloak platform.
Token Distribution
Uncloak has its own way of distributing and executing the token sale operation by raising the funds for the development and commercialization for the next generation of cyber threat management. The operation of token sale starts with the pre-sale of tokens and ends till the supplies last.
A total number of tokens will be 4,200,000,000 UNC with a presale bonus of 30% and main ICO bonus 10%. The tokens will be priced as 1 UNC is equal to US$0.01. The minimum amount of ICO investment is $100 and maximum ICO investment if $1,000. The hard cap will consist of $21,000,000 and the soft cap will have $6,000,000.
Among all the tokens 50% will be up for sale, 15% will be for early backers, equity investors and advisors, 15% for the founding team, 10% will be retained for the Uncloak Bug Bounty Program and the remaining 10% will be distributed to the developer fund.
Uncloak is making the system flexible enough for the users so that they can transact through their system will full security.
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