UNIONCRYPTO.IO |LIQUIDITY PLATFORM : POS 8% | Crypto Prepaid Mastercard Partner

[UnionCryptoIO]

UNION CRYPTO | Liquidity Platform
UNION CRYPTO formerly known as HO CHI MINH COIN

http://unioncrypto.io

https://i.imgur.com/jM0fQdJ.png

The basis behind this project is to create a platform that allows for easier convert of low cap altcoins to fiat currency via a prepaid card. UNION CRYPTO will be the new brand name of MINH coin and will later fork to a new blockchain. We chose to 'takeover' an unused blockchain with an exchange listing vs creating one from scratch for this project. This entire project is community funded with the assistance of the ability to market and utilize the name brand of UNION Crypto service provider partners.

https://i.imgur.com/jM0fQdJ.png

Common issues faced by low cap altcoins
A common problem with small cap crypto currencies is their lack of both liquidity and direct access to fiat markets. This prevents the direct usage of these crypto currencies in specific use case scenario?s. It may also contribute to an eventual ?death? due to the lack of interest and therefore the diminishing value which is a direct reaction of illiquid markets.

This lack of liquidity prevents banks and large exchanges who make fiat gateways work and provide services for coins such as Bitcoin, Bitcoin Cash, Ethereum and Ripple from even considering these small cap crypto currencies due to the high risk of losing money. This is also a concern of outside merchants who may seek to begin accepting crypto but have concerns about getting the correct value for the products they sell.

The Union solution
The UNION Platform aims to provide users small cap crypto currencies and tokens with a service, acting as a market maker and a validation witness to bridge a gap between USD markets and Altcoins To do this UNION will test its service with the B Money Prepaid Mastercard, a cryptocurrency prepaid card allowing users to simply deposit Bitcoin which will automatically convert to fiat currency and load onto the card. More information can be found at https://bmoney.io .

The UNION platform will accept altcoins that have limited access to fiat markets and considerably less volume than the top 20 ranked crypto currencies by market cap.

How does it work?

The service will work by accepting deposits of low cap altcoin and tokens and forwards the appropriate large cap crypto currency accepted by the card merchant. The large cap crypto currency will come from a platform liquidity fund that will be funded by both UNION Crypto and platform users wishing to earn a portion of fees accumulated as transactions occur.

The rate of exchange of the deposited low cap altcoin or token is determined by a mean average across the coins most reputable markets, up to 5.

UNION Crypto itself will be used for three main purposes on the platform. First, it will be used to pay all service fees by ?users? of the platform. These are individuals interested in loading their prepaid card with the altcoin or token the platform accepts. Second, it will be rewarded to liquidity fund providers for helping to make the platform function. Third, and the most important, UNION Crypto will alleviate any risk of loss by the platform during transactions and exchanges by acting as a reserve fund on the transaction. This way, even a slight variation in price from when the platform receives a deposit to when those coins can be liquidated back to Bitcoin on an external market can easily be recovered through the UNION held by the platform.

Union - The Cryptocurrency
UNION Crypto is also a peer to peer decentralized cryptocurrency that will act as the engine and reward of the platform services via its users. It features fast and secure transactions that is easy to use with low transaction fees. UNION Crypto is crypto designed to benefit every stake holder.

Current Specifications

TICKER: MINH

SOURCE: https://bitbucket.org/yalta1945/minh

BLOCK EXPLORER: http://explorer.vietminh.info:3001

ALGO: X11 POS only

CURRENT SUPPLY: 6,225,214.00

POS RATE: 8% YEARLY

MAXIMUM STAKE AGE: 9 DAYS

MINIMUM STAKE AGE: 12 HOURS

PORTS: RPC-8158 and P2P ? 8157

Current specifications will cap the total amount of coins at 28,000,000 million.

Wallets

https://bitbucket.org/yalta1945/minh#markdown-header-wallet-qt-at-bitbucket

Signature

Code:

[center][url=http://unioncrypto.io/][font=agency fb][b][color=#db5102]  ▬▬ [[u]  [font=agency fb][color=#db5102][size=13pt]UNIONCRYPTO.IO[/size][/color][/font]  [/u]] ▬▬ [/color]  [/font]
[font=rockwell][b][color=#333]▌[b] Small Cap Crypto Liquidity Platform[/b] ▌[/color][/url]
[font=rockwell][b][color=#333]▌ Instant deposit onto a Prepaid B Money Mastercard ▌[/color][/center]

More Information & Discord Chat

Discord https://discord.gg/4ymZCxs

Telegram https://t.me/joinchat/GLlhg0qZ1_KBsck9LbhX4w

Visit http://unioncrypto.io for more information

https://i.imgur.com/hFqGH8Z.png

[B-MoneyXcan]

Happy to be part of your project! Wish you well.

UNION CRYPTO | Liquidity Platform
UNION CRYPTO formerly known as HO CHI MINH COIN

http://unioncrypto.io

The basis behind this project is to create a platform that allows for easier convert of low cap altcoins to fiat currency via a prepaid card. UNION CRYPTO will be the new brand name of MINH coin and will later fork to a new blockchain. We chose to 'takeover' an unused blockchain with an exchange listing vs creating one from scratch for this project. This entire project is community funded with the assistance of the ability to market and utilize the name brand of UNION Crypto service provider partners.

Common issues faced by low cap altcoins
A common problem with small cap crypto currencies is their lack of both liquidity and direct access to fiat markets. This prevents the direct usage of these crypto currencies in specific use case scenario?s. It may also contribute to an eventual ?death? due to the lack of interest and therefore the diminishing value which is a direct reaction of illiquid markets.

This lack of liquidity prevents banks and large exchanges who make fiat gateways work and provide services for coins such as Bitcoin, Bitcoin Cash, Ethereum and Ripple from even considering these small cap crypto currencies due to the high risk of losing money. This is also a concern of outside merchants who may seek to begin accepting crypto but have concerns about getting the correct value for the products they sell.

The Union solution
The UNION Platform aims to provide users small cap crypto currencies and tokens with a service, acting as a market maker and a validation witness to bridge a gap between USD markets and Altcoins To do this UNION will test its service with the B Money Prepaid Mastercard, a cryptocurrency prepaid card allowing users to simply deposit Bitcoin which will automatically convert to fiat currency and load onto the card. More information can be found at https://bmoney.io .

The UNION platform will accept altcoins that have limited access to fiat markets and considerably less volume than the top 20 ranked crypto currencies by market cap.

How does it work?

The service will work by accepting deposits of low cap altcoin and tokens and forwards the appropriate large cap crypto currency accepted by the card merchant. The large cap crypto currency will come from a platform liquidity fund that will be funded by both UNION Crypto and platform users wishing to earn a portion of fees accumulated as transactions occur.

The rate of exchange of the deposited low cap altcoin or token is determined by a mean average across the coins most reputable markets, up to 5.

UNION Crypto itself will be used for three main purposes on the platform. First, it will be used to pay all service fees by ?users? of the platform. These are individuals interested in loading their prepaid card with the altcoin or token the platform accepts. Second, it will be rewarded to liquidity fund providers for helping to make the platform function. Third, and the most important, UNION Crypto will alleviate any risk of loss by the platform during transactions and exchanges by acting as a reserve fund on the transaction. This way, even a slight variation in price from when the platform receives a deposit to when those coins can be liquidated back to Bitcoin on an external market can easily be recovered through the UNION held by the platform.

Union - The Cryptocurrency
UNION Crypto is also a peer to peer decentralized cryptocurrency that will act as the engine and reward of the platform services via its users. It features fast and secure transactions that is easy to use with low transaction fees. UNION Crypto is crypto designed to benefit every stake holder.

Current Specifications

TICKER: MINH

SOURCE: https://bitbucket.org/yalta1945/minh

BLOCK EXPLORER: http://explorer.vietminh.info:3001

ALGO: X11 POS only

CURRENT SUPPLY: 6,225,214.00

POS RATE: 8% YEARLY

MAXIMUM STAKE AGE: 9 DAYS

MINIMUM STAKE AGE: 12 HOURS

PORTS: RPC-8158 and P2P ? 8157

Current specifications will cap the total amount of coins at 28,000,000 million.

Wallets

https://bitbucket.org/yalta1945/minh#markdown-header-wallet-qt-at-bitbucket

More Information & Discord Chat

Discord https://discord.gg/4ymZCxs

Visit http://unioncrypto.io for more information

[UnionCryptoIO]

UNION currently trading as MINH on yobit

https://yobit.io/en/trade/MINH/BTC

Updates to ticker name in the works
Wallet updates to come as shortly as well.

[desi_translator2018]

RESERVED for HINDI translaion....

helloo admin.... can i translate ANN page / WHITE paper  to HINDI(INDIA) language ??

here is my portfolio.....
https://drive.google.com/drive/folders/1TTRWTdF-VC71_TgP4dcsy6wH4BoL9cxB

waiting for your confirmation..... thank you....

[UnionCryptoIO]

UNION CRYPTO

TRANSLATION BOUNTY

2000 UNION/MINH PER TRANSLATION
- Complete Translation
- Contact in Discord and notify "Uelder" by posting a message in the "bounties-airdrop" channel
- "Uelder" will review and pay bounty if accepted.

Download MINH wallet to obtain a MINH address

[dddudidd]

good idea, but clearly the exchange of digital currency with fiat has a high enough cost, can this project further reduce transaction costs

[n3482nba]

so far the problems that often arise from the altcoin exchange process to fiat money and proceed to prepaid cards, are a long time, difficult transactions, and fees for third parties, so I really hope this project can overcome this problem very well

[UnionCryptoIO]

good idea, but clearly the exchange of digital currency with fiat has a high enough cost, can this project further reduce transaction costs

Good points.
The service provider for the card we are testing with has specific fees for BTC and FIAT loads on their cards that are offered.
The only additional cost to the low cap coin holder would be paid in UNION. This "fee" should be comparable to regular crypto currency exchanges and maybe even less. And with the POS feature, we hope that platform users would also be UNION stakers so they can virtually use the service for free.

[UnionCryptoIO]

so far the problems that often arise from the altcoin exchange process to fiat money and proceed to prepaid cards, are a long time, difficult transactions, and fees for third parties, so I really hope this project can overcome this problem very well

As per the info we have received, BTC loads onto the B Money card will be completed within 15 minutes, after a confirmation.

[junforever]

If you have a bounty available for spanish translation and/or for promoting your project(in english and/or spanish crypto channels)  and/or moderate your discord/telegram english and/or spanish project´s channels, promotional banners, project´s web sites, bounty manager, I would like to reserve it!, this is my portfolio and my previous works and the list of crypto channels where I can promote your project

http://bit.ly/2HvGwNx

Please let me know if you are interested with a pm, thanks and good luck with your project!

[UnionCryptoIO]

If you have a bounty available for spanish translation and/or for promoting your project(in english and/or spanish crypto channels)  and/or moderate your discord/telegram english and/or spanish project´s channels, promotional banners, project´s web sites, bounty manager, I would like to reserve it!, this is my portfolio and my previous works and the list of crypto channels where I can promote your project

http://[Suspicious link removed]/2HvGwNx

Please let me know if you are interested with a pm, thanks and good luck with your project!

Sure

2000 UNION/MINH PER TRANSLATION
- Complete Translation
- Contact in Discord and notify "Uelder" by posting a message in the "bounties-airdrop" channel
- "Uelder" will review and pay bounty if accepted.

[CucakRowo]

Hello,
Reserved for indonesia translation.
Already PM you via discord. Thank you.

[kipoel]

As it's written like this "CURRENT SUPPLY: 6,225,214.00", so it means that those coins already premined what?
Will those numbers distributed to supplier or something else?

[UnionCryptoIO]

As it's written like this "CURRENT SUPPLY: 6,225,214.00", so it means that those coins already premined what?
Will those numbers distributed to supplier or something else?

The coins were not 'premined' Those were minted during the POW phase that is now over.
Those coins are either on the books, held by yobit traders or held in yobit's dice wallet. The dice wallet could have up to 2 million coins in it.
We will be able to know this exact number once we execute the fork and swap.

The platform itself only holds a small amount of coins at this time. The funding for the platform will partly be provided by our service partner.
No they will not be getting any coins. Just helping to support the service itself.


Hope this helps

[UnionCryptoIO]

B Money Pre-paid Mastercard & Union Crypto promotion:

Earn a free B Money Mastercard ($100 USD value) Must HODL and Stake 10K UNION|MINH and register wallet address
| Stake 30 days: 33% off | Stake 60 Days 66% off | Stake 90+ Days 100% off |

Download current MINH client and register your address by sending @Uelder  a pm in the official UNION discord with the following info:
1. Bitcointalk or Discord username and 2. MINH Wallet address

Rules: WALLET MUST BE THE MINH CLIENT and  WALLET MUST BE STAKING FOR THE SET TERMS TO QUALIFY
| Stake 30 days: 33% off | Stake 60 Days 66% off | Stake 90+ Days 100% off |

Discord Channel: https://discord.gg/4ymZCxs Wallets: http://unioncrypto.io

[Jocolyn]

i agree that crypto currencies have the potential to change the world, but some people worries about the security. hope your project have security issue as the first. good luck

[UnionCryptoIO]

i agree that crypto currencies have the potential to change the world, but some people worries about the security. hope your project have security issue as the first. good luck

One of the key factors to the platforms success. We are already very proactive and speaking with additional service providers to help alleviate the risk and liability on the platform side. Having that part handled by an OTC exchange partner perhaps that is able to provide that insurance and optimum security will make our job easier and the platform more attractive.

[waxload]

Hi,
As part of the project, I can say that we are putting in our perspective security at first. 
Don't hesitate to ask what concern you !

Waxload

[jlinger]

is it died?