UNION - The Peer-to-bussiness market-place

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Union is an Indian company targeting Indian market, of approximately 400 Million Millennial, and market size is around 200 Billion USD. However, given the public ledger system of our blockchain technology, the platform is available for use by lenders all over the globe.
Union has established expertise in offline community lending system and as well in generating online financial services in the lending sector. We want to take our services to another level to give the users our platform the best possible experience by leveraging the power of blockchain technology and smart contract system to improve the peer-to-peer lending process.

Union first initiative is to put Collectively Investment Schemes, also known as trusted lending circle, or Rotating and Savings Credit Association (ROSCA) on blockchain. Collectively Investment Schemes is used around the world to lend and save money within communities, to support each other financially.

As the existing Collectively Investment Schemes work on silos within the separate communities, traditionally it is very hard to leverage the reputation and trust outside of one's trusted circle. With Union social capital gained can be utilize across the platform, as the solution is decentralized, transparent, secure and auditable. This will help us in creating an ecosystem of financial products, which users can avail, based on their reputation.

THE GOAL the Union project aims to provide an alternative decentralized lending solution to individuals and small businesses with the use of the innovative blockchain technology. The Union Blockchain lending platform supports both Cryptocurrency and fiat money.

The Vision
To create an e-democratic financial ecosystem for banked and unbanked individuals, on blockchain technology while making use of trusts, commitments, and social capital.

The Mission
To improve the financial inclusion of the individual by leveraging the blockchain technology. We are going to do this by removing the inefficiencies in the existing system, and automating the different processes of lending and borrowing. Union will focus on developing portfolio of financial products that will use social capital and trusts of an individual.



Union proposed solution through the blockchain technology implementation. The rapid advancement of blockchain technology has led to a fundamental shift away from conventional lenders being the leading intermediary in the lending industry. Peer to peer lending is gaining momentum as the next development in the financials sector. Union leverages the added of both blockchain and cryptocurrency to improve the experience of both lenders and borrowers. We have therefore, developed a platform, which supports cryptocurrency and fiat currency for the purposes of peer-to-peer lending.


The uniqueness about this Project is
  • Smart contract which is a binding contract and is secure and safe while it monitors the basic working of the platform.
  • Decentralized which helps it to work globally for all the individuals.
  • Auditable as it can be audited easily.
  • Encrypted so that your data is safe and secure.
  • Transparent so that people can know what actually is going on at the ground level
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Union is a blockchain based platform which basically works om four of its products
  1. Union Pool
  2. Union Social Commitment
  3. Union leading authentication
  4. Union advances

Token Sale and ICO details
The Union (UNI) Token is a token on Ethereum platform. It is ERC-20 compliant, and follows widely adopted token implementation standards. Ethereum is a popular cryptocurrency and blockchain system based on the use of tokens, which can be bought, sold, or traded. The ERC-20 defines a common list of rules for all Ethereum tokens to follow to accurately predict how new tokens will function within the larger Ethereum system.
• Maximum number of 200,000,000 (100%) will be issued at any point in time
• Sending 1 Ether to Union account will create approx. 20,000 UNI
• UNI tokes will be transferred once the crowd sale is successfully complete


Token Details
Token Name - UNION (UNI)
Max Number Of Tokens - 200,000,000
Token Sale Start Date - 01-05-2018
Token Sale End Date - 31-07-2018
Maximum Cap - $5,000,000
Token Rate (1 UNI) - $0.03125
Currencies Accepted - BTC, ETH, LTC
Minimum Contribution - 0.1 ETH
Contract Type - ERC20
Bonus Program - Yes


THE UNION TOKEN CROWDSALE SCHEDULE
The Token sale will be a 2-month (60 Days), starting 1st of May until 29th of June 2018 or when our targeted funding value of 5,000,000 USD is reached, whichever is the earlier.
Token Pre-Sale: There will also be a pre-sale of the UNI tokens before the said launch date, also know as Pre-Sale. People participating the Pre-sale will be entitled to specifics discounts in the form of additional discounts, as per the agreement. This will be a invitation only basis, however there will be minimum number of tokens need to be committed to be qualify for the pre-sale.
Schedule of the token sale is given below.

ICO Details
The token sale will start from 1st May 2018, and you can be a part of this saving platform very easily and conveniently. The token sale will use UNION tokens to make transactions in the token sale event. In the month of July, the token sale will be over.
Eventually a steady state is reached where platform resources will be supported though the fees generated within the platform, a token is needed to secure necessary funding to development and support a robust platform.
• 160 Million Union coin will be sold to the participants on crowd sale
• 20 Million Union coin will be reserved for Union team
• 16 Million Union coin will be reserved for future marketing expenses
• 2 Million Union coin will be used to testing and bug bounties
• 2 Million Union coin will reserved for the initial investors


ROADMAP


For more information, please visit the links below:
Website - http://www.getunion.io/
Whitepaper - http://www.getunion.io/Union_Whitepaper.pdf
ANN Thread- https://bitcointalk.org/index.php?topic=3123614.0
Facebook: https://m.facebook.com/GetUnion-366941503811217
Twitter: https://twitter.com/getunion
Telegram - https://t.me/UNI_Token
Bounty Thread: https://bitcointalk.org/index.php?topic=3255283

Author: Tosin David
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1180815

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