On November 30, Times Square saw a provocative promotion video, depicting a well-
known computer game character Pac-Man, eating up the row of dollar, Bitcoin and
Etherium signs. The shown video symbolizes the transition to the so called New Money
Order, which Universa is striving to achieve. The video has been uploaded to the
Universa official YouTube channel on the 1 of December https://youtu.be/SImff8RPCFI.
Universa is a new-age blockchain platform introducing a new technology designed to fix
the weaknesses of Bitcoin and Ethereum. According to the project WP, this will be
achieved by improving smart contracts and the process of tokenization. As the
developers claim, Universa is providing an easy scalable blockchain technology and
interface suitable for creating smart contracts and applications based on its blockchain.
The application of technology includes such fields as logistics and cargo tracking, AI
financial predictions, agriculture, food and medical supplies control and many more. The
platform is intended to satisfy the needs of everyday users as well, for it has such
applications as smart home automation, airbnb, carsharing, etc. providing a system for
tokenization of everything that requires decentralization and transformation to the
blockchain.
On October 28, the day of the Token Sale launch, the project attracted more than $ 10
million during the first three hours. The company's goal is to raise $100 million.
According to the project’s whitepaper, the collected funds are to be spent on the
protocol development, the creation of the Universa fund for investing in the blockchain
based businesses, marketing, legal issues and other purposes.
The head of the project is Alexander Borodich, Russia’s well-known angel investor with
the history of over 90 start-ups in his portfolio and former marketing director at Mail.ru
Group. Among the advisors, there’s John McAfee, the creator of the McAfee Security
antivirus and founder of MGT Capital Investments, who is going to use the Universa
platform to implement his own blocking project McAfee Coin, with which he hopes to
“change the venture capital market.”
As of today, Universa has attracted over $19 million during the token sale and keeps
raising the funds very quickly.
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