Bitcoin Forum
September 21, 2025, 04:20:56 PM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Announcements (Altcoins) / Ultrain News | From Conventional Investment to Blockchain by Emma Liao on: January 04, 2019, 06:45:42 AM
Emma's speech with quite impressive PPT presentation!  Roll Eyes

https://medium.com/@ultrainchain/ultrain-news-from-conventional-investment-to-blockchain-by-emma-liao-7ca4d1b09be4
2  Alternate cryptocurrencies / Announcements (Altcoins) / Ultrain News | Grand Meetup in Silicon Valley on: January 04, 2019, 06:21:02 AM
JUNE 25th, Ultrain had another successful global grand meetup at the Draper University in St. Mateo, California right after the New York, Munich and Paris tour.

Emma Liao, the Co-founder of Ultrain, and Husen Wang, Chief Cryptologist of Ultrain delivered their speeches. The Ultrain team had a deep and extensive communication with many elite developers from Facebook, Google, Air bnb, etc. As well as top students from Stanford, Berkeley, USC, UCLA etc. and there were also many local investors that attended this meetup. It was such a fascinate meetup with great passion and enthusiasm that brings the most talented brains together. Many attendees showed their wiliness to build their projects on such an excellent public chain, which indicate great appreciation and approval of Ultrain.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Blockchain 3.0 with Highest Performance Output! on: January 04, 2019, 06:07:55 AM
Ultrain Nova Product Announcement & Signing Ceremony of the Chief Economic Advisor happened at Bulgari Hotel Beijing on the 11th of July. With the theme of “Witness Blockchain Generation 3.0”, Ultrain introduced two sets of innovative Blockchain technology products to the world:1) Testnet based on the R-pos Common Consensus;2) A user-friendly DApp integrated development framework — Robin. Those breakthrough technologies mark the beginning of 3.0 generation Blockchain. Meanwhile, Ultrain published its official Supernova mascot, APP and other accessories products.

Please see link at: https://medium.com/@ultrainchain/2018-ultrain-nova-product-announcement-signing-ceremony-of-the-chief-economic-advisor-64857c2598ed
4  Alternate cryptocurrencies / Announcements (Altcoins) / Draper Dragon Backs $20 Million Raise for Alibaba Vets’ Blockchain Startup on: January 04, 2019, 06:01:06 AM
A public blockchain project founded by the former head of Alibaba’s blockchain team has raised over $20 million from institutional investors in a combined token and equity sale.

Called Ultrain, the startup announced Monday that leading investors in the round included token funds, such as Draper Dragon, FBG Capital, DanHua VC and Arrington XRP Capital, as well as blockchain industry startups, such as crypto wallet Bixin and exchange OKCoin. Traditional VC funds including Morningside Capital and Ceyuan Capital also participated.

For the entire article, please see https://medium.com/@ultrainchain/draper-dragon-backs-20-million-raise-for-alibaba-vets-blockchain-startup-d7c94a40cb0c
5  Alternate cryptocurrencies / Announcements (Altcoins) / ICO Analysis: Ultrain From Hacked.com on: January 04, 2019, 03:43:07 AM
Ultrain Technology Limited is a cloud computing and smart contract platform with a programmable tech-infrastructure and multiple add-on features. Ultrain will function as an infrastructure for scalable decentralized applications (dApps), as well as provide trusted computational services to multiple sectors, such as retail,shared economy, logistics, financial services, healthcare, and media/entertainment.


The company will use a new random trusted consensus framework allowing the network to use only 1% of computing power to mint new coins, freeing up the remaining 99% to be used by applications. Ultrain will provide computing power for network management, AI,user-friendly smart contracts, high-performance trust computation, and blockchain IoT services.

This business ecosystem is comprised of multiple business organizations separated into three sectors:

The Technology Sector: Infrastructure services integrated based on public blockchain, AI, and IoT.

The Horizontal ServicesSector: organizations that provide decentralized business services, including decentralized insurance, decentralized banks, decentralized loan services, etc.

The Vertical ApplicationSector: decentralized application services that can be implemented in numerous industries such as finance, retail, scientific research and development,manufacturing, logistics, entertainment, pharmaceutical biochemistry, food,real estate, education, agriculture, etc.

Consensus features of Ultrain:

Completely decentralizedarchitecture

Ultra-large-scale networkcluster

Multi-terminal support

High-performance computing

Decentralization design

Token

UGAS is the utility token that will be used within the Ultrain economic system. UGAS will be required to pay for the use of the computing power and third-party service components on Ultrain. Also, all participating nodes are required to mortgage UGAS. UTokenson Ultrain, similar to ERC20 tokens on Ethereum, will be issued by each dAppsrunning on the network. dApps will choose their own consensus mechanisms and token metrics.

The project has already raised $20 million during a seed round, during which 10% of the token supply was sold. Five percent of token supply is allocated for private/public sale scheduled for Q4 2018. The overall breakdown is as follows:

50% Mining

15% Core Team

10% Foundation/Ecology

10% Private Sale (Alreadycompleted)

10% Consultant &Community Building

5% Future Private/PublicSale

Team

The Ultrain team isimpressive, bringing extensive experience from powerhouse companies such as Alibaba, Google, IBM, and Ant Financial. Their experience includes IT, finance,blockchain, business, management, computer programming, & software development.

Team members include:

Rui Guo — Ultrain Co-founder & CEO. Former Technical Director for Alibaba Group. FormerSenior Architect for IBM.

Emma Liao — Ultrain Co-founder & CSO. Founder of Pioneer Capital. Managing Director of Golden Brick Capital TMT, founding CEO of Kunlun Redstar. Head of IOT investment. Head of china of leading European investment bank goetzpartners GmbH and International Account Director at New York Private Bank & Trust. Personal investor of NIO, Renrenche.com and 360.

Ning Li —Ultrain Co-founder & CTO. Former technical director of the Alipay Blockchain team. Former core architect of the Alibaba Cloud OS.

Yufeng Shen — Ultrain Chief Architect. Former Senior Technical Expert for Alibaba Group. Former SeniorSoftware Engineer for Google

Husen Wang — Ultrain Chief Cryptologist. Former Blockchain Cryptography Expert for Ant Financial. FormerProject Collaborator for Luxembourg Institute of Science and Technology (LIST)

Advisors include:

Dr. Keyu Jin — TenuredProfessor at the London School of Economics. Board Member for the RichemontGroup. Harvard University PhD

Luyu Yang — Co-founder ofmusical.ly. Former Product Management Director for eBaoTech Corporation.Co-Founder of Snowbird Consulting

Verdict

Using a completelydecentralized public network with lower operating costs, higher operatingefficiency, and innovations in cryptography, Ultrain aims to surpasstraditional public blockchain platforms in performance and scalability with upto 20,000 tps. With a stellar team and strong financial backing, Ultrain couldbecome a major player by 2019.

Risks

Even with an all-starteam, competing with the likes of Ethereum, EOS, and NEO is no small task. -1

Token metrics are a majoraspect which ico investors consider. Based on current information available,the total market cap valuation is $200 million which is rather high in thecurrent market. -1

The hype factor forUltrain, which carries weight in the current crypto market, isn’t consideredhigh. However, it is currently growing and gaining momentum. -1

Growth Opportunity

Ultrain will releaseimportant R&D milestones and be the keynote speaker at SF Blockchain week in October to kick-start the developer community building for Ultrain. Thereare several products to be released: (1) Public testnet launching, (2)Permitted mainnet launching, (3) Zero knowledge proof demo, and (4) MultipleDApps demo on chain. +3

Unitopia lab, a Blockchainresearch lab of the well-known Chinese video game developer Electronic Soul, announced a strategic partnership with Ultrain. Together, they will aim toestablish a presence in this new market and make Blockchain video games ahousehold product. +3

DApps will be able to usetheir own consensus mechanism or choose PoW, PoS, DPoS, POA, and RPOS. +2

Ultrain has an extensivelist of investing partners including Draper Dragon, FBG Capitol, KuCoin, andBixon. +2

Disposition

While Ultrain hasn’t gotten as much attention as some hyped up ico’s, this could work out in favor of investors who see an opportunity of an excellent project that’s been flying under the radar. The team and advisors are solid, they have a partnership with Unitopia lab, and they have the backing of numerous VC firms. All things considered, Ultrain receives a 7 out of 10 rating.

Investment Details

Type: Utility

Symbol: UGAS

Total Supply: 1,000,000,000 UGAS

Private Sale: 10% of tokens (Completed)

Future Private/Public Sales: 5% (Q4 2018)

For more informationregarding Ultrain:

Website: http://www.ultrain.io
Telegram: https://t.me/ultrainchain
Twitter: https://twitter.com/UltrainB
Facebook: https://www.facebook.com/Ultraincommunity/
Medium: https://medium.com/@ultrainchain
6  Alternate cryptocurrencies / Announcements (Altcoins) / ULTRAIN Ambassador Program on: January 04, 2019, 02:19:15 AM
As the community members already know, ULTRAIN’s vision is global. They aim to grow and manage an active community, they are looking for experienced help and are officially launching our Ambassador Program

As an ambassador, individual have to be a highly trustworthy person, since he or she will be the primary contact for the community in your region. He or she need to acquire a proper understanding of ULTRAIN to answer basic questions yourself. You will have weekly Skype calls with our Community Manager. And, yes, of course there is a big reward.

Please see the below links: https://medium.com/ultrain-chain/ultrain-ambassador-program-e8c066eda1b7
7  Alternate cryptocurrencies / Announcements (Altcoins) / The Chosen One! Ultrain Now Joins Amazon AWS Activate on: January 03, 2019, 03:22:00 PM
After the previous collaboration with Microsoft Accelerator established back in August, Ultrain, as a public chain project, is honored to be selected as a partner for the “AWS Activate China” program.

For more information, please read https://medium.com/ultrain-chain/the-chosen-one-ultrain-now-joins-amazon-aws-activate-1716564a9dd9
8  Alternate cryptocurrencies / Announcements (Altcoins) / Evolution of Blockchain — The Past, The Presence and The Future on: January 03, 2019, 03:15:18 PM
An in depth article provided by the CTO and co-founder of Ultrain - Ning Li,  gpoimg forward there would be a series of articles that elaborate on the topics of various technologies of Blockchain 3.0; including consensus, virtual machines, smart contracts, world state, sharding, state channeling, and the marginal benefits of the private asset.

Please read the full article at: https://medium.com/ultrain-chain/evolution-of-blockchain-the-past-the-presence-and-the-future-3f1b44d36b54
9  Alternate cryptocurrencies / Announcements (Altcoins) / Welcome to Korea, Ultrain! on: January 03, 2019, 03:06:29 PM
Ultrain hosted an official meetup event in Seoul, Korea — a Gangnam style celebration, drawing a crowd of community members as big as Psy!

Ultrain touched down in Seoul on December 16th straight from Vietnam, to hold an event that would ignite the enthusiasm of the Korean community, winning praise from the local Kakao group. - For more detail please read article at https://medium.com/ultrain-chain/welcome-to-korea-ultrain-6d2a84b9270c
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ✨ ULTRAIN ✨ Next-gen public chain creating a programmable business society on: January 03, 2019, 02:50:57 PM

Ultrain's early partners, such as Unitopia, Mixmarvel Technology, Real Event Limited, Jungo Network, and Great Resource New Energy are already working on decentralised applications using Ultrain's public chain technology.


The year of 2019 is gonna be the age of DApp, whoever holds the most DApps and even a single killer app would be the go to choice for infrastructures. I like the fact that those partners are now working on Ultrian's public chain
11  Bitcoin / Project Development / Re: Introduce the Ultrain project - Decentralized Engine for the Future on: December 15, 2018, 02:26:56 AM
Damn, glade to see some of the Ultrain post uphere. This is one of my favorite project out there, slightly low key at the point. If you start dig into the background on their whitepaper for a bit, you can see they have a pretty strong team; not made up by your average joe. There are three co-founders in the team, both the CEO and CTO are from Ant Financial, strong technical background with great experience, whereas the female co-founder is has rich experience in the capital side of things and exposed to great connection. I wouldn't go as far as saying that they are dream team, but i would say they are more than competent to establish a breakthrough public chain. But my understanding of the project is still quite limited on the technicel side of things, but based on some of the press release they are definitely doing stuff.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!