Buying a NFT is angel investing in culture. ～ Eva Beylin
The internet has defined the innovations of the past few decades, and we firmly believe that the crypto industry will define the decades to come. As witnesses and users of the Internet era, we are convinced that “software will dominate everything in the future”, and the cryptocurrency based on the blockchain undoubtedly takes the lead and rushes to the vanguard. While touching the sensitive nerves of some people, it also impacts the inertial thinking of many people. At this moment of increasing uncertainty, the infinite imagination under the wave of technology will bring us a tremendous hotbed of innovation. We are all fascinated and excited about what comes next.
Let’s move into the course of umiDAO…
umiCash
umiCash was founded in 2018 with the aim to build a concept of value investment in crypto world by a set of products which is user-friendly.
We all witness the revolution initiated from Bitcoin which has lasted for more than 10 years in all aspects of the human society and will keep on influencing our future life. For early years, the whole market was full of among radical speculators and leverage traders, led to the high volatility of cryptocurrency prices. As we all know, the prosperous industry will arrive ultimately, and the trading market will return to rationality with individual investors mostly turning to institutional investment.
So, here is our target: provide an access to retail users and easily and safely cross the threshold the complicated crypto world.
umiCash is a product-oriented company driven by community, focusing on construction of product and community. From the perspective of product design, we try to answer a couple of issues which are always keep thinking on the birthday of umiCash:
· Why users can purchase crypto assets at ease on umiCash?
· How to bring stable revenue possibility for users in the violent fluctuations of crypto market?
· On these basis, can users ordinary as you and me earn more excess profits by our products?
Crypto faces a major obstacle when it involves mainstream adoption: The user journey is sophisticated and not yet built-out, and it’s not at all easy or intuitive for newcomers to crypto to even do the simplest and fundamental possible thing — hold complete control over their own digital assets.
So umiCash offers a solution respond to it that is devoted to solving two main issues of trustworthiness and usability by simplify user journey. You can regard it as a custodial system which runs by itself automatically with the roles of traders and market makers. Users could also exchange from fiat to stablecoin frictionlessly, the same as stablecoin to fiat. It is a transitional solution between Web2 and Web3 that is easy to understand crypto for users.
In umiCash, there stands three clear business lines: selected mainstream cryptocurrencies spot trading, passive index fund portfolio with term investment, optional target rate of yield similar to fixed income — Mini Target 2021.
umiDAO
Four years later, as the crypto market mature steadily along with the DeFi outbroke comprehensively from 2021 summer, we are ready to embrace the next giant leap of the journey: umiDAO — a decentralized exploration of Web3 technology.
umiDAO will solve the issue of asset allocation portfolio by the way of Web3 which has verified in umiCash when referring to Index Fund and Mini Target and implant the interests of holding UMI into the voting right of asset allocation and the governance right of asset management fees.
Our roadmap indicates that what we have done and what we will continue to work on — the public index product GBI Markets and a product set of web3, what’s more, we have defined a simple and understandable formula for Web3:
Web3 = Web2+NFT+FT
Each portion of the formula is in progression by its own way, and we are passionate all about it and take part in it and make a positive effort to the crypto industry.
From passionate geeks within a certain group to worldwide adoption，it surely needs to take for a long and tough time. For decades before Bitcoin, cryptograph and algorithm evolve gradually together with programatic computer technology and international monetary system socialized reform. With the apparently positive signal of regulatory attitude all over the world, we are facing the best era of crypto industry development.
NEZHA Oriental
Non-fungible tokens (NFTs) seem to be everywhere these days. From art and music to tacos and toilet paper, these digital assets are selling like 17th-century exotic Dutch tulips — some for millions of dollars.
A non-fungible token is a cryptographic token that represents a unique digital asset. NFTs function as verifiable proofs of authenticity and ownership within a blockchain network. With the launch of umiDAO, Nezha Oriental NFT comes into being.
Nezha Oriental is a cultural regeneration with a hand-drawn collection of 10,000 generative characters that offer you membership access to the mystery block. Living on Ethereum with the standard of ERC721A, hosted on IPFS network, NEZHA will bring you into marvelous metaverse.
The NEZHA Oriental’s total supply is 10,000, among them, 1,000 are reserved for the team, 1,000 are airdropped for the community and 8,000 are minted for sale.
Community airdrop of 1,000 includes the white list of UMI purchase and UMI-USDC LP staking. Minting for sale of 8,000 will produce 1–3 each time during minting period, and an account can buy 3 NFTs at most.
We will carry out NFT planning in accordance with this roadmap for a long time.
We have planned a development route for NEZHA. Once achieved the goal of sales percentage, we will strive to achieve the stated goals.
10%: Online Gallery
30%: Development of NEZHA Tide Play Derivatives
40%: Offline IP Joint Exhibition Tour
50%: NEZHA Exclusive Products/ Limited Edition Collection
60%: Purchase Virtual Land to Display Meta Space
70%: Offline Digital Art Auction
90%: OpenSea Buy-back
100%: Celebration & Parties
Meanwhile, we will open the Nezha treasure hunt activity, set up several imperceptible clues on the official page and corresponding rewards for treasure hunting, we are waiting for you to explore and discover. Pay attention to our Twitter account to participate in this treasure hunt for the first time.
Past performance is not indicative of future results. Let’s make it happen together!
We welcome the talents of innovative thoughts and suggestions of community construction. We will refine the governance of community in the following months once community forum launched. It is also the utility scene of UMI and for a better future of umiDAO.
Permissionless innovation is at the core of our values, and we believe the progressive decentralization towards an autonomous umiDAO will support the cultivation of an equitable, adaptable, and ambitious community over time.
As more applications work to meet the user where they are and lead them into new experiences, and crypto infrastructure becomes more inexpensive and accessible to projects, the path to the next iteration of the internet will become increasingly clear.
