Union - Ecosystem for Collaborative Savings and Lending

What is a UNION?

Union savings collaborative platform is blockchain that connects individuals and organizations from around the world in a trusted ecosystem, without friction, and allow them to create and utilize a wide array of financial products and solutions disintermediated. Harnessing technology blockchain and contract-based intelligent ethereum we've created solutions. Website: https://www.getunion.io/
The Union will serve as a platform for the provision of financial products based on social capital, trust and obligation. Will this work on blockchain technology to provide contract Ethereum autonomous intellectual property that would facilitate loans and savings without intermediaries. We provide a platform for users to create social capital and trust through the UNION pool, our first product, and then measuring social capital use (license loan from Union) our second product, and finally, the use of capital social to borrow money, and part of this is probably the Union Pool/ROSCA and Bill Discounting.

Vision
Union's vision is to utilize trusts, commitments, and social capital to create a democratic financial ecosystem on block-chain technology for banked and unbanked individuals.

Union Pool
A decentralize platform for Collective Investment Schemes. Smart contract to automate saving and lending process amongst trusted friends.

Union Social Commitments
Individuals within the platform can create a commitment contracts, and upon successful completion of the contract, individuals can receive a positive score towards their social standing.

Target Customer
India's Millennial population ~400 Million.

Union Lending Authentication (ULA)
Algorithm to calculate the social standing score based on various factors such as timely payment of previously participated Union Pool, fulfilled union social commitments, social media accounts, etc.

Union Advances (UA)
A smart contract to automate the entire process of bill discounting. Individuals discounting their own company's bill or on behalf of the firm, will be able to leverage their social standing score in the Union to get a better borrowing terms, and discounts.

Features Of The Union

• Smart contract is a contract that binds and safe and secure while monitoring the work of the base platform.
• Decentralized helps to work globally for all individuals.
• Can be audited because it can be easily audited.
• Encrypted so that your data is safe and secure.
• Transparent so people can know what is really happening on the ground.

UNION Token Distribution

Eventually a stable state is reached in which the resources of the platform will be supported although the costs generated in the platform, the token is required in order to secure the necessary funding for the development and support of a strong platform.

• Coin 160 Million Union will be sold to participants with the sale bulk
• 20 million coins will be provided to the Union team Union
• Union coins 16 million will be provided for the cost of future marketing
• 2 Million Union coins will be used for testing and bug gifts
• 2 Jutes a coin of the Union will be provided for early investors

ICO Information

• The Name Token = UNION (UNION)
• The number of Token Max = 200 million
• Sales start date Token = 01 – 05 – 2018
• End date of 31 Token Sales – 07 – 2018
• A maximum of = $5 million
• The token Rate of 1 UNION = ~ $0.03125
• The Accepted Token = BTC, ETH, LTC
• Minimum number of = 0.1 ETH
• The Type Of Contract = ERC20

• Crowd Sale 80%
• Team Union 10%
• The burden of Marketing 8%
• Testing and Bug Bounties 1%
• Early investors 1%
• Allocation Of Funds
• 40% 25% 12% 12% 7% 4%
• Platform and product development 40%
• The infrastructure and licensing 25%
• The burden of Marketing 12%
• Overhead costs 12%
• Testing Bug Bounties and 7%, probably 4%

Sale Token will be 2 months (60 days), starting 1 May to 29 June 2018 or when the value of the targeted funding of 5 million USD was reached, whichever is earlier.

Pre-sale Token: also there will be a pre-sale token the UNION before the launch date, also known as pre-selling. People who participate in the pre-sale will be entitled to a special discount in the form of additional discounts, according to agreement. This will be the basis of invitation only, but there will be a minimum number of token needs to be committed in order to be eligible for pre-sale.

Roadmap

For more information about Union click this link below: 

- WEBSITE : https://www.getunion.io/

- WHITEPAPER : https://www.getunion.io/Union_Whitepaper.pdf

- ANN THREAD : https://bitcointalk.org/index.php?topic=3123614.0

- REDDIT : https://www.reddit.com/user/getunion/

- FACEBOOK : https://www.facebook.com/GetUnion-366941503811217

- TWITTER : https://twitter.com/getunion

 - GITHUB : https://github.com/getunion/union

- TELEGRAM : https://t.me/UNI_Token

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1247512