Hello everyone, this new post I want to introduce about a very interesting and good project that is UDAP, and for more details, let's just go to the following discussion:
About UDAP
UDAP is a blockchain “abstraction layer” that can significantly reduce the cost of creating resource-oriented applications, both during development and at runtime.
PRODUCT
Protocol number 1 – Singular
Singular is a new model of asset accounts, it defines how objects are marked and how they interact decentrally with their owners. The Singular asset model implements the concept: one thing = one smart contract
The Singular Project is a natural development in the spirit of some early blockchain supporters who represent what the blockchain will achieve with smart contracts.
Middleware # 2 – UDAP
The basic concept of the Internet asset protocol is to create a “fat + thin application protocol”.
Application developers only need to have sufficient knowledge and understand their business logic and user experience. Therefore, the application is thinner and simpler. Thick protocols based on UDAP middleware help them accelerate block chain development, protect transactions, and reduce development costs.
№3 – Wallet for Assets
Harvest Wallet is a wallet that supports ERC20, ERC721 and Singular tokens. It gives individual users exceptional comfort and an integrated interface for the tokenisation, management, and publication of their own tokens, various ** assets that are interchangeable and invalid **, and third-party applications can also connect the wallet.
Application
UMedia No. 4 is a market for collectible music and other types of digital multimedia resources on your mobile, this includes several complex blockchain software modules, such as various token services, markets, proxy re-encryption, State Channel, Singular. UMedia must demonstrate UDAP’s technical capabilities. It’s easy to do Dapp using UDAP. Developers can use UDAP middleware to translate their business into a token-based business, as UMedia does.
UDAP-based Dapps are more diverse, such as: ticket sales, social networking, education, games, health care, supply chain finance, data centers, technical communities, travel, e-commerce, libraries, and so on.
TOKENS SALES
UDAP Foundation launches UDAP tokens (also known as UPX tokens).
UPX tokens are used to make the deposits needed to become consumers of UDAP services.
Transaction fees, payments for gas (i.e. fees for smart contracts) and payments for permanent storage are also usually collected in UPX tokens.
UPX Token
UPX tokens are implemented using the Ethereum ERC20 standard.
The total emission amount is 10,000,000,000. UPX tokens can be purchased in the following ways:
- Token Propagation Event (EFT)
- Buy UPX tokens on the secondary market, such as cryptocurrency or exchange tokens
- Airdrop (this method is intended to popularize UDAP)
- For each personal token sale, please contact us at info@udap.io.
ROADMAP
2017 Q2 – Project kickoff
2017 Q4
Research completed
Coding started
Core team built up
2018 Q1 – UDAP FOUNDATION launched
2018 Q2
UDAP concept completed
Expand eco-system and community
Technical white papers released
Started coding Proof-of-Concept prototypes and demos
2018 Q3
UDAP Minimum Viable Product(MVP) deployed and released
Singular Smart Contract Framework released
State channel modules completed
Harvest Asset Wallet (MVP) released
First app – UMedia (MVP) released
2018 Q4
UDAP middleware V0.4 released
Singular Framework 0.5 release
Harvest Asset Wallet beta release
UMedia officially launched
Community Support Program launched
2019 Q2
UDAP mainnet infrastructure V0.5 release
More business partner’s application released
2019 Q4
UDAP mainnet deployed
C2C Asset Marketplace released
More community projects kicked off
2020 Q1
UDAP Middleware V1.0 operated
C2C Asset Marketplace operated
For more information about the UDAP project:
WEBSITE: https://www.udap.io/
WHITEPAPER: https://www.udap.io/whitepapers/UDAP-Whitepaper-English-v08.pdf
FACEBOOK: https://fb.me/udapfoundation
TWITTER: https://twitter.com/udapfoundation
TELEGRAM: https://t.me/udapcommunity
Bitcointalk username: samuraijin
ETH: 0x3f9bb3679f1B71F22d823992078244C87EF4D455
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