Although the crypto money markets are following a fluctuating course with the effect of global economic problems on one side and geopolitical uncertainties on the other, the general trend of the markets is down. An altcoin project built on the leading altcoin project Ethereum (ETH) in all this turmoil and chaos is rising rapidly days before the Mainnet launch. An altcoin project called Unibright (UBT), which calls itself “Ethereum for Business,” is flaming price charts before its much-anticipated mainnet goes live.
Altcoin launches mainnet
Unibright (UBT) is a project that provides enterprise-grade blockchain solutions with an emphasis on reducing costs and reducing the need for tech savvy developers. The Altcoin project’s Base Protocol promises to provide performance-oriented as well as privacy by keeping confidential data off-chain. The project’s Baseledger feature began gaining prominence in the second half of 2021, with a February 28 blog post stating that its mainnet will go live in four weeks. Regarding the subject, the following information was provided on the Baseledger website:
Today’s public blockchains like Ethereum (ETH) are ideal solutions for cryptocurrency and Decentralized Finance (DeFi), both of which leverage a distributed, opaque network. However, businesses using the Basic Protocol have very different requirements for public ledgers, which are fulfilled by Baseledger.
Features of Unibright (UBT)
The Unibright (UBT) coin empowers Baseledger to offer low transaction costs, data compatibility, high performance, and can connect with other chains. Unibright (UBT) has partnerships with major corporate players such as Microsoft and Ernst & Young, who joined forces two years ago to help create the Basic Protocol. The price of Unibright (UBT) posted impressive gains earlier today, climbing from the March 11 low of $0.67 to $1.17 for a 74% rally in just a few days. According to the information we received as Kriptokoin.com, although UBT showed a huge increase of 37.85% during the day, it was trading at $1.02 with an increase of around 20% at the time of writing.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.