Learn more about Unify Coin.
UPDATE 27 January 2021: When trying to find the project website of Unify Coin project today, we were unsuccessful. Considering a number of different circumstances in relation to this project, we can't draw any other conclusion than that the project has closed down.
In order to find another cryptocurrency to read up on and maybe purchase, please refer to our List of Coins.
Unify Coin Review
When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This review of Unify Coin consists of three chapters: origin & background, technology and pros & cons.
Origin & Background
The cryptocurrency Unify Coin launched on 23 June 2017. The trading symbol for this coin is UNIFY. Presently, UNIFY has a market capitalization of USD 888,228 (i.e., slightly less than USD 1 million). Currently, there are 17,790,974 UNIFY tokens in circulation. The maximum number of accessible units at the end of the mining phase is 19,276,800 individual tokens.
The founders of the cryptocurrency UNIFY have the vision that cryptocurrencies shall be made available to everyone. Despite technical proficiency and despite whether the person directly has a background in computers, software or even cryptocurrencies. Moreover, the environment of Unify coin should be made as simple as possible, so that everyone can participate.
For this reason, the Unify team has developed different methods. To begin with, the team’s website and software is fairly uncomplicated so that everyone can comprehend it instinctively. Besides, all of Unify’s tools and web pages will be translated into as many languages as possible. The reason behind this translation is to make it more convenient for the users.
Moreover, at some point, the Unify team would like to upload “How To” tutorials. These will be available both in print and as “video tutorials”. All users should be capable to use the full prospective of UNIFY.
Pre-mining comprised approximately 1% of the cryptocurrency (i.e., before the coin went on the market). Pre-mining makes sure that the team behind a cryptocurrency has some safety in the ICO-process. Moreover, the Unify team has already announced that they will donate the main part of these tokens. At the start, UNIFY worked on the proof-of-work principle (POW), and it explains the distinctive mining activity. Computers in the network had to solve arithmetical issues in order to excavate new blocks and achieve profits.
Pros & Cons
We have not identified any obvious pros or cons with the Unify Coin.