UlTRON COIN REVIEWS | ULTRON COIN LEGIT OR SCAM?
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UlTRON COIN REVIEWS | ULTRON COIN LEGIT OR SCAM?

WHEN SHOULD I BUY THE ULTRON COIN| PRICE UPDATES

WHY THE ULTRON COIN ?

In recent years, society has been changing at an unprecedented pace. Technological advancements in digitalization and new technologies like cloud computing, quantum computing, artificial intelligence, blockchain, Web 3.0, virtual reality, and the metaverse are shaping a new world rich with new opportunities and business models that are disrupting the traditional centralized economy and financial services industry.

The banking sector has yet to adapt and revolutionize. The transactional processes are too slow, excessively costly, bound to too many unnecessary human intermediaries, and apply overly complex bureaucratic mechanisms and outdated legacy operating systems.

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Furthermore, current major events like Covid19 and the recent Russia-Ukraine war are fueling significant macroeconomic uncertainty that is adding to inflationary pressure on the markets.

Consequently, the interest rates offered by the established centralized institutions are too low to maintain the value of assets, as the real value of assets decreases due to high inflation.

 

To solve this issue, blockchain technology and Decentralized Finance, or DeFi, offer superior asset preservation systems, thanks to the help of new technologies, automated market makers, and algorithmic asset management instruments that can provide economic sustainability. Nevertheless, these innovative mechanisms have a very steep learning curve that prevents access to these services for most IT illiterate consumers. On one side, they offer very appealing characteristics like ledger immutability and permissionless transparency, but, on the other hand, they lack user-friendliness. Furthermore, these solutions struggle to receive trust, legitimacy, or regulatory confidence.

Many also struggle to provide enough liquidity to deal with the volatility of the digital assets markets to survive and scale.

While, DeFi decentralized applications, or dApps, are working to replace the traditional banking intermediaries, too many projects focus on creating competing solutions with competing tokens, instead of emphasizing complete ecosystem growth by using the same native coin for the whole palette of digital asset management services. Consequently, the user journey becomes unnecessarily complex, as different tokens are not always compatible and fail to synchronize effectively with each other.

Furthermore, it is challenging to economically incentivize the continuous development support of decentralized IT

professionals in a sustainable manner. Ultron fills this gap and solves these technical and economic Lightpaper

problems by successively implementing a bridge between centralized and decentralized solutions. Ultron’s solution will be

cost-effective, easy to understand, and capable of delivering the expectations of passive gain generation of a wide and ever growing pool of digital assets holders while mitigating risks. No matter the economic background and technological understanding, everyone will be able to participate in the future of the digital asset market. Ultron’s innovation stems from leveraging the technology of the most scalable, secure, cost-efficient, and developer-friendly blockchains and crypto projects with the implementation of a unique crowdfunding solution –

a Staking Hub NFT.

By using a single native Layer 1 (L1) ULX coin, the users will be able to access a wide variety of decentralized digital asset management services and, at the same time, keep aligned the ever-growing IT developing resources in a very stimulating ecosystem. Shareholders will not only receive a very appealing APR, but they will also be part of a revolutionary movement of inclusion in the fast-evolving and growing digital asset market.

IMPORTANCE AND SOLUTION 

One of the most noteworthy innovations of the Ultron project is the implementation of the first Staking Hub NFT (non-fungible token) ongoing sale to finance the resources needed to sustain the project for the long term. This new platform enables the user to generate passive digital assets growth while providing proof of ownership of the

Staking Hub, thanks to an NFT. This visionary crowdfunding mechanism will offer the possibility of purchasing a

generator of staked daily ULX accrued APR rewards divided into nine different tiers, ranging from light to supreme+ level, according to the user budget. Additional tiers might be added in the future.

The crowd sale aims to finance up to 50 thousand Hubs by the end of 2022 and up to 500 thousand the year after. While it could appear a very ambitious goal, it remains highly achievable thanks to the extensive network of Ultron’s influential and established  affiliate partners.

These players can already count on a vast community of active users in their respective e-commerce and entrepreneurial capital platforms.

This mechanism will be capable of scaling up Total Value Locked, or TVL, at an unprecedented speed, while dramatically reducing the complexity around staking funds on the blockchain; supporting crypto novices. Financial viability and transactions security is ensured thanks to the 19 validators of the Ultron Foundation that have substantial participation in an initial base multi-million fund to sustain the project. The private presale of

Staking Hub NFT started in March 2022 and will be open to the general public on the 1st of June 2022.

Solid Technology Following an in-depth analysis of the current state-of-the-art blockchain technologies, Ultron is based on a blockchain that successively manages to solve the Blockchain Trilemma by providing, at the same time, speed of transaction, security, and significant scalability. Furthermore, this blockchain technology will leverage a leaderless Proof-of-Stake (POS) protocol and asynchronous Byzantine Fault Tolerant consensus mechanism.

Ultron supports Solidity, the primary programming language adopted for writing smart contracts. This allows every developer to contribute to the project, no matter their IT background. This also allows the Ultron blockchain to be Ethereum Virtual Machine (EVM) compatible and integrate Ethereum dApps easily.

A major advantage of Ultron is its capability to remove points of central control in the form of intermediaries and barriers to entry, which is the standard in the traditional centralized financial sector, and at the same time leverage the multiple advantages of  DeFi. Ultron will let traditional banking clients benefit from the new digital assets growth streams enabled by blockchain financial instruments.

Community Engagement

To generate the interest and the continuous support of the IT community, the Ultron Foundation will create a multi-million USDT fund using up to 5% of the total assets generated through the

sales of Staking Hub NFTs. This fund will generate enough liquidity to sustain the ecosystem’s growth in a very efficient manner.

Digital funds will be distributed to the developers in the form of grants, in both ULX and stable coins.

The most exciting project applications that pass the extensive analysis and screening process of the Ultron Grants Foundation Commission will be eligible for the grant. The screening process will put more emphasis on ecosystem growth and diversity than on developing competing solutions.

The project will start with a vast and complete palette of stable native ULX L1 dApps that will immediately support the majority of the digital asset use cases provided by the blockchain, and that meet the needs of all the stakeholders involved with the Ultron Foundation. The deployment pipeline, explained in more detail in

the roadmap section, will aim to deploy a new stable dApp at least once every quarter.

Stable Economics

It is essential to point out that a significant percentage of the profits, and transaction fees, generated through the native dApps will be used by the Ultron Foundation to buy back and burn ULX coins.

This creates deflationary pressure on the Ultron ecosystem and raises the demand for ULX. It will also ensure that the project will remain sustainable in the long term and vastly improve the tokenomic incentives in comparison to competing blockchains and other L1 solutions.

Ultron is poised to become a disruptive game-changer.

 

UlTRON COIN REVIEWS | ULTRON COIN LEGIT OR SCAM?

 

The Ultron blockchain will leverage the following characteristics:

  •  Provides enough liquidity to sustain the needs of an ever growing pool of investors with a very appealing APR.
  • Guaranteed Security from hacking and cybersecurity threats
  •  Highly Scalability to sustain a constantly increasing number of  transactions and validator nodes(
  • High throughput and quick finality of transactions.
  •  Promotes wealth generation through at least five different passive digital assets generation mechanisms and a registration process with minimal “Know Your Client” (KYC) requirements that include
  • Staking Hub NFT rewards with up to 0.2% daily APR in the first year since purchase and an optional auto compounding mechanism(
  •  Automated stake of ULX to receive xULX interest incentives (via a Decentraliced Exchange (DEX)) (Yield Farming of ULX in Liquidy Pool pairs.
  •  Rewards for running a validator node – attractive APY depending on the locking period/
  •  Delegation of ULX coins to decentralized Validators. 9
  • Boosts development innovation and complete Ecosystem Growth/K Development support for the most widely used programminglanguages like C#, Python, Go, Java, and Javascript (using standard Web3 API) and compatibility with blockchain-specific frameworks like Solidity and the EVM Core/ K A complete, stable, and widely-tested ecosystem of multiple decentralized digital asset products/ K Direct access to a set of built-in decentralized applications with a single native utility coin in a user-friendly environment/ K Thanks to the Cross Chain Bridges Mechanism, Ultron will support the assets on the most popular blockchain networks like Ethereum, Avalanche, Polygon, Fantom, Binance Smart Chain, and Tron and stable coins like Tether USDT, Circle USDC, and the DAI coin. These assets will be in the native or wrapped form according to the compliance required by the different systems.

 

Dapps &
Use Cases

The Ultron Foundation plans to deploy a new decentralized product at least once every quarter. Currently, the pipeline includes the release of several services: an NFT Marketplace, an NFT auto compounding Staking Hub, an Initial Decentralized Exchange Offering (IDO) LaunchPad, a decentralized exchange (DEX), a variety of standard Cross Chain Bridges, a Yield Optimizer, a Lending-Borrowing Portal, an Algorithmic Stable Coin, a virtual Lottery Platform, and a Metaverse president game.

These are described below

NFT Marketplace


An NFT Marketplace is a gateway for users to mint, buy, create, trade, explore, sell and exchange NFTs. These NFTs can be in the form of digital identity ownership of digital art pieces, such as paintings, 3D video graphics, collectible items, metaverse avatars, and digital audio files.

Staking Hub NFTs


The Staking Hub NFT is an innovative digital asset management instrument developed by the Ultron Foundation that enables users to acquire the ownership of a staking node that delivers APR returns in ULX coins daily. There will be eight tiers of Staking

Hub NFTs with different characteristics to fulfill the needs of multiple users. The coins generated through these Hubs will be locked for a period and gradually unlocked yearly to enable users to exchange the coins on a secondary market while guaranteeing enough liquidity to the complete ecosystem.

IDO LaunchPad


An IDO LaunchPad is a system to let users participate in the initial crowdfunding fundraising steps to raise digital capital and liquidity for a new blockchain project with a dedicated utility token that is not yet listed on the open market.N

Cross-Chain Bridges


Cross-Chain bridges are technological mechanisms to connect different blockchains by providing viable interoperable characteristics that let users transact, share smart contracts, and store different coins on versatile digital wallets of multiple chains

Yield Optimizers


A Yield Optimizer is an automatic digital service that enables automated bots to exchange transactions to optimize  cryptocurrency returns in a highly mathematically-efficient way and ultimately outperform manual investment

Lending-Borrowing Portal


A Lending-Borrowing portal is a platform that enables P2P lending and borrowing of crypto funds that are intermediary free and deliver much higher interest rates than traditional banking institutions.

Algorithmic Stable Coin


An algorithmic stable coin is a coin that can retain a fixed exchange rate, a pegged value, with a fiat currency or other real-world asset or commodity to deal with the cryptocurrency prices’ volatility. The mechanism is enabled by programmatic bonding treasury curves and on-chain oracle pricing verification tools.

Lottery Platform 


The Lottery Platform is a decentralized application that lets users play securely by enabling the purchase of lottery tickets

– at a fixed USDT price – and a guaranteed daily jackpot with a market value of a minimum of 1MIO (million) USDT up to multiple millions USDT”

Ultron Swap (DEX)

A DEXis a digital platform that enables the efficient exchange of multiple crypto asset pairs without intermediaries and minimal KYC requirements. The trading pairs will cover the major stable coins like USDT, DAI, and USDC and the native ULX coin. The transaction fee will be as low as 0.3% per transaction.

In addition to the services described above, the project will provide digital wallet support for the ULX coin and the most relevant and established blockchains and a state-of-the-art block explorer to keep track of the tokenomic emission supply and all the transactions that will happen on the ULX chain.

The Ultron team will continuously monitor the blockchain ecosystem, in particular, DeFi, and if other new revolutionary products start to gain enough  traction, they will be included in the deployment pipeline. Furthermore, Ultron is also actively lookinginto incorporating NFT-based games and GameFi applications in the dApp’s palette.

LX Coin overview

Basic ULX metrics:

Total supply: 50,000,000,000 UL3

Standard: native coin, same purpose as ETH in Ethereum blockchain

Ultron Coin (ULX) is the native utility coin of Ultron Blockchain, used for securing the network through staking, to track and support the system of network fees, and to fuel the ecosystem of native dApps.

In summary, besides being the native coin of the Ultron blockchain, ULX will be the supportive native token of the

dApps developed by the Ultron Foundation. Accordingly, the growth of the token will be driven both by the adoption of the blockchain and by the growth of native dApps.

WHEN SHOULD I BUY THE ULTRON COIN| PRICE UPDATES

UlTRON COIN REVIEWS | ULTRON COIN LEGIT OR SCAM?

UlTRON COIN REVIEWS | ULTRON COIN LEGIT OR SCAM?