Unibright - $UBT

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Companies didn't jump online in one great leap, they transitioned. With that in mind, who's making the transition to blockchain more accessible for companies? Let's take a look at $UBT, a true 💎 sitting pretty at $30m MC. Buckle up, this is a long one 🧵 👇

$UBT Token Overview: Native token of the Unibright platform, powering their blockchain. • Price: $0.20 ・ Mcap: $30m ・ Founded: 2017 ・ ATH: $4.20 ・ ATL: $0.008 ・ Max Supply: 150m ・ Holders: 24k ・ ICO price: $0.14 Down 95% from ATH, that's a 20x retrace upside 🔥

What I'll cover in this thread: 1️⃣ Blockchains Current Problem 2️⃣ Tokenomics 3️⃣ Technology 4️⃣ Web 2 🧬 Web 3 5️⃣ Partnerships 6️⃣ Real Word Use Case 7️⃣ Personal Conviction Let's begin 🕵️‍♂️

Before we dive, who are Unibright, and what is their vision? A group of IT experts, looking to bridge the gap between blockchain technology and traditional business applications. The current barrier to entry is too high, they aim to lower it ⬇️

1️⃣ Blockchains Current Problem We're still early in the adoption cycle. Most companies may be aware of the efficiencies created by blockchain technology, But there's no simple integration solution. Adoption isn't about a giant leap, it's about baby steps.

81/100 top 100 companies use blockchain technology. That sounds great, but what about the millions of other companies? Granting small, medium & large companies access to blockchain tech is the key catalyst missing.

The Unibright platform addresses this problem by: • Implementing templates for basic business processes ready for use • Allowing customizable workflows • Being completely blockchain agnostic Small, atomic segments of businesses ⚛️ Baby steps remember?

2️⃣ Tokenomics $UBT is used for all processes on the platform. A fully liquidated token means no new minting. A re-trace to ATH would see a $630m Mcap, the same MC as StepN. #TradFi adoption or Move-to-Earn? I know my choice...

So is there a downside? • Tiny volume on exchanges, Uniswap is your best bet. • Low caps are always dangerous However, TradFi to DeFi projects are popping more than ever now, such as @RebusChain in #Cosmos If TradFi integration is a must for crypto adoption, so is $UBT

One a side note: For a relatively small project, there are over 24,000 holders. The largest wallet holds less than 6% 👀 Unruggable? The biggest address is the main staking pool 🌊 See for yourself 👇 etherscan.io/token/0x8400d94a5cb0fa0d041a3788e395285d61c9ee5e#balances

Importantly, $UBT is heavily linked to the platform. Therefore, if the platform grows, the amount of buying pressure on $UBT will follow. This is because every important action on the platform uses $UBT such as: • Registering a smart contract 📰

3️⃣ Technology Throwing around fancy words sounds good, but what will pull businesses in? The platforms USP: • Visually defined workflows A wonderfully simple, but effective idea. These workflows and smart contracts transition seamlessly into existing IT systems.

The Unibright platform supports all phases of the business integration process. This means they're not limited to beginners or experts. It's said best in their whitepaper ✏️ Forward-thinking & scalability in projects are key investment criteria for anyone

Risking repeating myself... If their technology seems integral to blockchain adoption and $UBT is what powers it all... Surely that's bullish once businesses begin to dip their toe? The domino effect: Once one starts falling, the rest will come

4️⃣ Web 2 🧬 Web 3 Whilst Web 3 is here, it doesn't mean Web 2 is now gone. Web 2 will remain around for several decades, just as Web 1 is still alive: Wikipedia for example. $UBT is a catalyst for the transition to Web 3.

Their blockchain agnostic platform ensures Web 2 companies' queries are answered like: 💡 Can we work across several chains? 💡 What happens when X smart contract is updated? 💡 Can I integrate these practices into my existing IT-infrastructure?

5️⃣ Partnerships As we're all about tokens here. Unibrights support and integration of Baseledger mean the $UBT token model is fully adopted. Read more about what this means for decentralization and $UBT: medium.com/@unibrightio/baseledger-mainnet-is-live-66e3af312171

Another pointed out to me by @andromeda_IX $UBT becomes a certified @SAP blockchain solution Connecting individual Blockchain-as-a-Service [services] with SAP systems. Direct Web2 to Web3 integration. twitter.com/andromeda_ix/status/1559377585741742081?s=21&t=YL3q-sv7KIrG8jzYjPqwqA

6️⃣ Real Word Use Case There's no need to repeat myself. Innovative businesses are the backbone of our capitalist system, core for Web 2 to Web 3. Therefore, transitioning companies into blockchain and crypto is the ultimate use case. Now we just wait for adoption 🚏

7️⃣ Personal Conviction My threads are as objective as possible. Full disclosure: I hold no $UBT Why I might buy ↓ Strong team & Foundation. Helping companies get into blockchain will push crypto forward. If not $UBT, someone else, so being in that circle is important

Accounts you should be following to keep up to date on $UBT: @UnibrightIO @BaseledgerNet @andromeda_IX @Sjaaaakster @InuBrightNFT @CrytoCoins @DHeitz710 @meta_concierge @MartenJung Amazed at the dedication some of these projects have. Who did I miss? 👀 ↓

The $UBT army has shown a lot of love recently. So here's something back: Teamed up with @yami_promotes: #Giveaway: $50 worth of $UBT How to enter? 🕐 Retweet the thread 🕑 Follow @wallenby1 (me) and @yami_promotes 🕒 Comment your 💎 below Good luck!