Unifi Protocol DAO UNFI
Report IssueThe Unifi Protocol DAO is a group of interoperable, non-custodial, multi-chain smart contracts that aim to provide tools for the development of decentralized finance (DeFi) products. Multi-chain DeFi solution based on smart contracts. UNFI is a native governance token and users can stake and earn UNFI as rewards.
Details
ByBit 
Gate 
Score
Sentiment
Bearish 
Fundraising Statistics
$0.84 +3.08%
$0.66
UNFIUnifi Protocol DAO
USDCUSD Coin
Short Review Unifi Protocol DAO
Crypto project Unifi Protocol DAO (UNFI) is classified as a DeFi. Unifi Protocol DAO is a Utility token that is hosted on the Ethereum Network. The current total supply is 10.00 M UNFI (Circulating Supply + Tokens yet to be released - Burned Tokens). (4% of total tokens) have been allocated for the public sale. The level of social activity of the Unifi Protocol DAO project is assessed as Medium.
Unifi Protocol DAO ICO Overview
Public sale of tokens will take place on the Binance Launchpad. Estimated date for the public token sale: 14 December 2020. Unifi Protocol DAO (UNFI) price during the token sale: 0.66 USD. You can purchase project tokens for ETH BNB BUSD
UNFI Price Chart
The launch of UNFI token trading took place on 19 November 2020.
Fundraising Rounds
Total sold 2.25 M UNFI tokens (0.23% of total tokens). Total amount of funds raised by the Unifi Protocol DAO project is $889,500.00.
| investment Round | Date | Price | Funds Raised |
| Binance Launchpool | November 15, 2020 | -- | -- |
| Private Round | October 2020 | $0.66 | $792,000.00 |
| Seed Round | August 2020 | $0.15 | $97,500.00 |
Unifi Protocol DAO Investors
Binance Tier 1Detailed review of the Unifi Protocol DAO
The Unifi Protocol is a DeFi solution , built on multi-chain smart contracts. Unifi is community driven. The main idea is to create a blockchain without having to create your own currency.
UNFI is a token used for governance. It is available for betting or providing as liquidity to receive rewards in the form of a bonus share. Those users who have UNFI have a chance to get special access to Proposals and Referendums to convey their thoughts, ideas to the public and join the vote.
The Unifi Protocol DAO (UNFI) Project
The Unifi Protocol DAO was launched in 2018, and the team behind it has extensive experience developing viable blockchain solutions. Unifi Protocol is co-founded by Juliun Brabon. The main goal of the project is to create a blockchain solution that will help the modern financial sector live and move on. Thus, Unifi is considered to have a sustainable economics that is quite predictable to perform this task.
Unifi Protocol DAO includes the following products: UTrade, a token exchanger, UBridge, a cross-chain bridge, and $UP, the latest version of the persistent token backed by native tokens.
Advantages of Unifi Protocol DAO (UNFI)
- A fresh approach to blockchain economics. The idea is very simple. The network uses a stablecoin as gas to eliminate transaction volatility. The project plans to create a completely new type of blockchain based on financial viability.
- High level of security. This is ensured by the PoS consensus mechanism. Proof-of-Stake relies on the fact that tokens are available for staking to ensure that nodes are valid and mining is completely secure.
Disadvantages of Unifi Protocol DAO (UNFI)
- Young concept. The UNFI token and ecosystem still needs research and development. The team could focus more on marketing and build a strong, loyal community that could lead Unifi to success.
- Unifi syncing issues between registries. We found several reviews in which users report their problems with synchronization. However, this does not seem to be a common problem and the project team can fix it.
