Universa is a new blockchain platform designed to improve on Bitcoin and Ethereum technologies by delivering improvements that are important for business adoption. Its technology is built to support tokenization of everything from passports, boarding passes and bus tickets to taxi fares, gift cards and gym memberships.
UNIVERSA is a new generation of blockchain technology that uses a contract execution machine and distributed state ledger. Its design focuses on improving speed and usability of the system, compared to traditional blockchains that record a full trustless ledger of all actions, transactions and their effects on a network (“fat protocol, fat logic”).
The UNIVERSA blockchain is designed for application development and smart contracts, allowing users to build applications that store data in tokens on the Universa network. This is done through a process called “C-Chains” which allows users to make changes to their contracts without changing the entire blockchain.
If you’re looking to invest in a new ICO, the first thing you should look for is a team that is serious about their project and will see it through to completion. The team should also have realistic and well-developed road maps for their future plans following the ICO.
A shady ICO will usually have a lot of hype around its project but be vague about what the product actually is and what it can achieve for the user. This is a common red flag and should be avoided at all costs.
The UNIVERSA team are also well established and have experience in the field, and are focused on building a solid infrastructure to help the platform reach its maximum potential. However, the project has a long way to go and is likely to take a while to reach its hard cap. This will require the team to keep a close eye on their finances and avoid over-spending, which could result in bankruptcy.