What is Unicorn Ultra Network (U2U Network)?
Unicorn Ultra Network, or U2U Network, is an infinite scaling solution for real-world applications, aiming to solve 2 current pain points: The scaling bottleneck of blockchains, and the incompatibility of blockchain real-world applications with legacy systems. Unicorn Ultra Network is made up of 2 core components: Unicorn Ultra Chain (U2U Chain) and Unicorn Ultra Subnet (U2U Subnet).
These 2 components are closely connected and correlated; together they offer infinite scalability in the blockchain world, assisting U2U Network in becoming the one-stop solution for real-world applications and enterprise-level needs.

How does Unicorn Ultra Network work?
The two core elements constructing U2U Network are U2U Chain and U2U Subnet.
U2U Chain is a DAG-based, EVM-compatible chain. Its uniqueness includes:
DAG (Directed Acyclic Graph) based: Using DAG as the core data structure rather than the traditional blockchain technology enables incredibly low latency and faster transaction finality time.aBFT (Asynchronous Byzantine Fault Tolerance): As a higher level of Byzantine Fault Tolerance, aBFT is the most secure consensus mechanism known today. DPoS (Delegated Proof of Stake): A modified version of Proof of Stake that offers higher efficiency, decentralization, and is more environmentally-friendly.

Built atop of U2U Chain, U2U Subnet is a disruptive scaling solution that makes unlimited scalability possible. By implementing an innovative technology called Universal Messages Verification (UMV) and OstracismVM - an original virtual machine, U2U Subnet is able to provide seamless connectivity and interoperability, hence a perfect solution for blockchain real-world applications.

The effectiveness of both U2U Chain and U2U Subnet as well as how effortless the two technologies merge and cooperate results in an astonishing performance by U2U Network: Up to 72,000 TPS (Transactions Per Second) at launch and a peak of 500,000 TPS with only 650 ms transaction finality time.
How is Unicorn Ultra Network different from its competitors?
Scaling bottleneck has been a big question within the crypto space for a really long time. Even within recent years when the blockchain infrastructure has tremendously improved with the introduction of new disruptive Layer-1s along with various scaling solutions like Layer-2s and even Layer-3s, this problem remains insoluble, yet. 

In order to reach adoption and provide services to potentially billions of users worldwide, we need to acquire a performance of hundreds of thousand transactions per second, and no technology on the market has been able to do exactly that. Nevertheless, U2U Network may be the first to achieve this with its unbounded scalability.

In addition to its outstanding performance compared to other alternatives, U2U Network also proves to be better than its competitors by being one of the few to realize the demand of decentralized real-world applications. Even though various enterprises have been working on solutions to bring real-world applications into the decentralized realm for its numerous benefits, one big obstacle they struggle to overcome is the incompatibility of legacy systems with blockchain technology.
When onboarding traditional applications onto the blockchain, they face many challenges: Integration complexity, data redundancy, cost implications, operational delays, training and onboarding difficulties, and potentially a lot more. These problems can not be dealt with easily because there exists no simple process and framework; therefore, decentralizing real-world applications is a questionable task for most enterprises, regardless of its beneficial advantages and how highly in-demand it is.

However, U2U Network is capable of providing Decentralization on Demand (DoD) services thanks to not only its unlimited scalability network but also its readily available products that make onboarding real-world applications onto the blockchain seamless and effortless. And for that, U2U Network is, without a doubt, one of a kind.
Starting with DPN (Decentralized Private Network), U2U Network aims to provide a wide range of decentralized real-world services such as Decentralized ID, Data Storage, Domain Name System, IoT Devices, Big Data Mining, and Micro Payment. With the limitless ability of U2U Network, their services are expected to expand tremendously in the next few years.
Team
U2U Network’s team includes over 200 team members and 40 contributors, formerly from various high-profile companies like Kardiachain, Google, Infina (Y Combinator S21),...

It is also worth mentioning their advisors who are experts from Stanford University, RMIT University, and Animoca.
Investor
U2U Network has raised a total of $10M in funding from multiple VC names, such as TimeGroup, Maxx Capital, U2Venture,... U2U Network has also caught the attention of a network of enthusiasts and angel investors, including successful business owners in Web2. One mentionable participant is Prof. Augustine Hà Tôn Vinh, a Presidential Special Assistant in the first Reagan-Bush administration and well-known economic development strategies expert with 30 years in over 20 Asian-Pacific and European.
Partner

U2U Network has partnered with 28 of well-known entities in the blockchain space, including Klaytn, BIT.com, Chainly, Web3 Space,... The project is also in discussion with more than 250 partners with the aim to expand its reach and meaningful support to a large number of individuals, businesses, and society as a whole.
Most notably, it was recently announced that U2U Network has officially become a member of the Enterprise Ethereum Alliance (EEA). By joining EEA, U2U Network now has exceptional access to cutting-edge advances in Enterprise Ethereum blockchain technology and connections with influential businesses in every sector from around the globe.
Community
The community of U2U Network has been growing strongly and steadily, now with more than 150K members and 100 communities from a wide range of countries, such as Indonesia, Philippines, India, Nigeria, Korea,...

Roadmap

Media channels
🦄 Unicorn Ultra
Conclusion 
To summarize, U2U Network stands as a pioneering force in the blockchain realm, offering an unparalleled solution to the persisting challenges of scalability and real-world integration. Its innovation, combining U2U Chain and U2U Subnet, ushers in a new era of performance, boasting speeds of up to 72,000 TPS at launch and a staggering peak of 500,000 TPS with a mere 650 ms transaction finality time. This accomplishment sets it apart from competitors, demonstrating an unmatched capability to cater to the demands of billions of users worldwide.
Moreover, the network's distinctive edge lies in its seamless onboarding of real-world applications onto the blockchain, overcoming the hurdle of legacy system incompatibility. This feat, facilitated by its Decentralization on Demand (DoD) services, positions U2U Network as a transformative force, simplifying integration and offering a breadth of decentralized real-world services.
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Recently, #Binance has announced the launch of LaunchPool for the AEVO project. Then what project is AEVO, special features of the project, USP, side information, $Token AEVO, and most importantly, should I Stake $BNB to receive $AEVO ?
1. What is AEVO?
According to the project's white paper
"Aevo is a decentralized derivatives exchange, focused on Options and Perps. The exchange runs on an EVM Roll-up system that interacts directly with the Ethereum network.Aevo operates off-chain orderbook operations with on-chain payment tasks.This means that when orders are matched, the transaction will be executed and settled using a smart contract."
*That is the definition, but if you are wondering where the name AEVO suddenly comes from, AEVO is actually the famous project Ribbon Finance from 2021.
2. Unique Selling Points.
Different from other Perp-dex platforms, AEVO is built on a private roll-up blockchain that can interact with Ethereum.
The order matching process is performed off-chain, including steps:
👉 Verify account margin => off-chain order matching => put into smart contract and processed on Native-AEVO-chain.
AEVO Chain is AEVO's own blockchain for operating and processing on-chain transactions on this platform.
The AVEVO team has partnered with Conduit - a company that provides a service platform to initiate and operate Roll-ups through the Rollups-as-a-Service platform.
In addition, users' funds and positions are always on-chain in the Aevo smart contract. This means that all cash flows take place within the project's smart contracts, including option payments, capital payments, and option fee exchanges.
You can see more at the AEVO white paper.
*** Interesting information: Founder of Ribbon Finance, predecessor of AEVO is Julian Koh from Singapore and Ken Chan - used to work as a software engineer at Coin Base (CZ also came from #CoinBase)
3. $AEVO Token:
- $AEVO was formerly $RBN
- $AEVO staking status is updated here as sAEVO & $RBN tokens (former Ribbon Finance token)
The $AEVO token has 2 main tasks:
- Utility tokens
- Administration token of the AEVO project
4. AEVO Binance Launchpool
For those of you holding $RBN, you can swap $RBN to get $AEVO
$RBN token is being traded on centralized and decentralized exchanges for $1.52.
It is expected that the price of $AEVO will be about $5, expected to rise to $8 if the MM team is good.
Full project cap will range from 5B - 8B, a reasonable number.
*** The market is flying, you can stake $BNB or $FDUSD to receive $AEVO . This is the more easier to get $AEVO
🔸 AEVO Binance LaunchPoool

#TrendingTopic #Aevo #web3daily #HalvingHorizons