Review of the UDAP platform

Hello friend!
Today I will introduce a new platform called UDAP. Udap is an asset protocol between applications and blockchain that provides Restful APIs and Asset Wallet to develop and create very powerful applications without writing any smart contracts.
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For users, this platform introduces several modules that are very useful to accelerate application development. The module is a service that offers the Udap platform for the community platform through the Udap utility token. The following modules are offered by the Udap platform, including:

1. Service Tokens, to manage the full life cycle of crypto-tokens supported by assets. Applications can immediately register token-based assets in a chain and offer a default market to their customers.
2. State channel service, to allow applications to conduct transactions that are mostly offline and secured by public blockchains, such as Ethereum.
3. Data obfuscation service, to hide ownership of assets, using Ring Signature technology.
4. Secure content distribution for digital content assets, using Encryption Recryption technology.
5. Exchange services, for trading decentralized assets, including application currencies and asset tokens.
6. A universal wallet for a mobile user interface that is flexible to handle all assets supported by tokens that have been assisted by UDAP.

Module service is one of the services offered by the platform, besides that there are many more that Udap has to offer to its users' satisfaction. One of the services is the utility utility token service with the UPX symbol. This token runs on the ethereum network with the ERC20 standard. UPX tokens become the main token in the platform community as a payment tool, and for users to get all the services that the platform offers. The following are some of the functions of the Udap tokens, including:

1. UPX Tokens to get services from UDAP. The developer must have enough UPX in the developer STAKE account to be entitled to use certain UDAP services. Developers do not need to risk other tokens to blockchains like EOS, UDAP will risk EOS tokens for developers. 200 UPX per active user is required to be wagered on the developer STAKE account to use UDAP services.
2. Paying UDAP service fees by UPX. UDAP middleware runs on blockchains, some blockchains charge fees, or require additional storage such as IPFS, so UDAP holds back gas and / or storage costs plus 10% of service fees from the developer's SERVICE account. UDAP charges a minimum of 5UPX per transaction, but all transactions on the State Channel are free of gas and UDAP service fees.
3. Paying for UDAP transaction fees by UPX UDAP charges a fee of 0.1% of transaction fees based on the total amount of each transaction. Transaction fees can be paid with UPX or blockchain tokens. UDAP charges a minimum of 5UPX per transaction, however, all transactions on the State Channel are absolutely free.
4. Monthly service fees. To make it easier for developers to manage their costs, UDAP provides unlimited monthly service fees. Developers pay 500,000UPX and enjoy unlimited UDAP services every month. That's good for higher volume applications, but lower costs.

UPX tokens have been launched in the ICO platform period. As much as 10,000,000,000 UPX has been supplied with this platform with an allocation of 15% for public sales or around 1,500,000,000 UPX. Anyone can join the ICO by visiting the website www.udap.io. In addition to public sales, UPX tokens will be allocated to a number of internal platforms, and funding from the ICO will also be allocated as an action to develop the UDAP platform. Following is a picture of token allocation and UDAP platform funding allocation.

For your information, this platform has been supported by several investors and managed by a team experienced in their fields.

Investor Team

For the latest information on the Udap platform, you can visit the official information platform of the Udap platform below.
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Author: Prolumuc