Umareum: A blockchain project enhancing scalability, security, and transaction speed, with a focus on reputation tracking.
What is Umareum ?
Umareum represents a blockchain project that capitalizes on the strengths of existing blockchain technology to achieve notable scalability, robust security, and near-instant transaction processing. This remarkable achievement is credited to our dedicated team of in-house blockchain developers, each boasting years of invaluable experience gained from prominent IT corporations and software development firms.
Umareum endeavors to democratize reputation tracking, particularly focusing on informal transactions. This undertaking is facilitated through the Umareum Chain, a specially tailored blockchain infrastructure designed for auditing and recording informal transactions, agreements, and data.
Umareum’s Vital Digital Currency: The $UMAREUM Token
Introduction At the core of the Umareum blockchain ecosystem, the $UMAREUM token pulsates as its native digital currency. This token plays a pivotal role by serving as the foundation for a multitude of network functions and by offering incentives for active participation.
Utility and Role in the Network
- Gas Fees: Similar to its counterparts in other blockchain networks, $UMAREUM is the currency used to pay transaction fees on the Umareum blockchain. Whether you’re conducting a simple transfer, executing a smart contract, or engaging with a decentralized application (dApp), $UMAREUM serves as the medium of exchange for transaction costs.
- Staking Rewards: An alluring aspect of $UMAREUM lies in its role within network governance. Those who stake $UMAREUM tokens earn a share of the yield rewards, transforming it into more than just a means of transaction but also an investment opportunity.
- Governance: In alignment with the principles of decentralization, $UMAREUM token holders may wield influence over future developments and decision-making within the Umareum network. Token-based governance ensures that the community’s voice is not only heard but also actively shapes the network’s evolution according to the users’ best interests.
- Collateral in DeFi: Given Umareum’s emphasis on decentralized finance (DeFi), $UMAREUM functions as collateral within various DeFi applications on the platform. This unlocks a wide array of financial services for $UMAREUM holders.
- dApp Interaction: $UMAREUM is a vital component for interacting with dApps built on the Umareum network. Whether it’s accessing premium features, making in-app purchases, or engaging in other forms of interaction, $UMAREUM is the currency that powers these functionalities.
Token Sales and Economics
| Token Name | UMAREUM |
| Token Symbol | UMAREUM |
| Token Decimal | 18 |
| Total Supply | 100,000,000 |
| Holder Count | 1 |
| Contract Address | 0xe7FeA10435188eaf7560896c97ea0e2b81d3A594 |
| Contract Verified? | Yes |
| Project’s Age | 21 days, 1h, 18m |
| Contract Type | BEP20 |
| Compiler | v0.8.9+commit.e5eed63a |
| Sol License | MIT |
| Contract Name | UMAREUM |
| Contract Created | Dec-19-2023 08:18:20 AM +UTC |
| Contract Language | Solidity |
| Related Audit | 0 |
Roadmap and Updates
Year 1: Project Initiation and Development
Q1: Project Inception
- Formation of Umareum core team, including blockchain developers, researchers, and advisors.
- Initial research, concept development, and brainstorming sessions to define project goals.
Q2: Whitepaper and Roadmap
- Publication of the comprehensive Umareum whitepaper, outlining the project’s technology, use cases, and tokenomics.
- Release of the detailed project roadmap, showcasing the envisioned milestones.
Q3: Proof of Concept and Development Kickoff
- Successful creation and testing of a proof of concept for Umareum’s unique POW algorithm.
- Start of the full-scale development phase, including smart contract development, mining protocol implementation, and node infrastructure setup.
Q4: Community Building and Presale
- Launch of the Umareum website and social media channels.
- Commencement of community engagement activities, including forums, newsletters, and educational content.
- Conduct a presale to secure initial funding for development and marketing efforts.
Year 2: Network Launch and Expansion
Q1: Exchange Listings
- $UMAREUM tokens are listed on prominent centralized exchanges (CEX), including gate.io, KuCoin, and Bybit, increasing liquidity and accessibility.
Q2: Mainnet Launch
- Umareum mainnet goes live, enabling miners to participate in securing the network and users to transact with $UMAREUM tokens.
- Initial mining rewards and incentives for early adopters.
Q3: Strategic Partnerships
- Formation of strategic partnerships with other blockchain projects, enterprises, and DeFi platforms to expand Umareum’s ecosystem.
Q4: Ecosystem Development
- Launch of the Umareum Developer Program to encourage the creation of dApps, smart contracts, and integration with Umareum.
- Continuous growth of the Umareum community through marketing, events, and educational initiatives.
Year 3: Scaling and Ecosystem Expansion
Q1: Scaling Solutions
- Introduction of scaling solutions to enhance network throughput and accommodate a growing user base.
- Research and implementation of Layer 2 solutions for improved scalability.
Q2: Governance Implementation
- Deployment of a decentralized governance model, allowing $UMAREUM token holders to participate in decision-making processes.
- Community-driven proposals for network upgrades and improvements.
Q3: Cross-Chain Integration
- Exploration of cross-chain compatibility and integration with other blockchain networks to enhance interoperability.
Q4: Security and Sustainability
- Regular security audits and penetration testing to maintain the integrity and safety of the Umareum network.
- Continued exploration of eco-friendly measures to reduce energy consumption.
Year 4 and Beyond: Mass Adoption and Global Reach
Ongoing: Global Adoption
- Implementation of use cases across various industries, including finance, supply chain, and healthcare, to drive global adoption.
Ongoing: Ecosystem Maturity
- Continued development of additional features, services, and partnerships to mature the Umareum ecosystem.
- Expansion of the Umareum network to new regions and communities.
