U Network outlook for the second half of 2019, aiming for top 50 ranking!
By: U Network Editor
Tags: Blockchain, Community, Questions, Dapps, Cryptocurrency

U Network (UUU) global ranking of market capitalization hit a record high in the second quarter of 2019, pushing for top 90. It exceeded the team’s goal of reaching the top 200 in the first half of 2019.

As the community continues to expand, the team decided to fully disclose the targets and prospects for the second half of 2019 to the community, to accept feedback and suggestions of global community users, to work closely with the community in completing the goal of reading top 50 global market capitalization in the second half of 2019!

Overview of U Network from its establishment in 2018 to the first half of 2019

It has been a year and a half since U Network’s establishment at the beginning of 2018. Its overall ecological development has achieved good results.

UUU’s global market capitalization has already hit top 90; The comprehensive development of the projects ranks among the best; The main network is ready; 4 ecological products have been fully implemented; UUU has been launched in 9 exchanges; More than 30 top investment institutions and projects from China and the United States have invested in the project; There are more than 50,000 global community users from more than 179 countries; The team has carried out roadshows in more than 20 cities in 4 countries; The team has formed strategic partnerships with many world-renowned blockchain projects and institutions; It jointly released 2018 Global Blockchain Academic Research and Trends Report; It has also received a lot of coverage from mainstream media and KOL around the world.

Overview of U Network outlook for the second half of 2019

In terms of market capitalization, UUU’s global ranking in the first half of the year has reached a maximum of 104, which has already exceeded the top 200 goal set by the team in early 2019. The team’s goal for the second half of the year will be set at the top 50.

In the second half of 2019, UUU will build at least 10 offline city nodes around the world to expand UUU’s global influence.

At the same time, UUU will establish the first global content industry fund in the second half of 2019, which will focus on supporting the ecological development of UUU in the global cultural and creative industry in the future.

Technical outlook of U Network for the second half of 2019

UUU’s main net has been launched at the end of 2018, and the team is waiting for the best timing to switch tokens for the main network. It is clear that in the second half of 2019, we will integrate the U Network public chain with IPFS. In other words, the first step in decentralized storage of the U Network value network will be realized.

Product outlook of U Network for the second half of 2019

By end of June 2019, the products built on the U Network ecosystem include ChongDong, UGot, Upbet, UBuild. ChongDong community has already released over 2000 blockchain technical articles. UGot successfully formed a strategic partnership with BlockBoost, a well-known blockchain service provider, and became one of the nodes for the well-known IoTeX public chain. The number of Upbet community users has reached 12,000 in the first half of the year (excluding UUU community users), achieving more than 400 Million UUU staking and locks, and a daily average voting volume of 1 million UUU. Upbet has also recently deployed ETH deposit and voting mechanism.

In the second half of 2019, we will launch the new version of Upbet, and aim to increase Upbet community users to 100,000 (excluding UUU community users).

Besides these, the plug-in upvote product long-anticipated by the overseas community will support at least 3 global content platforms by end of 2019. UUU’s mysterious new product YeKe will be launched globally in the second half of 2019, and plans to reach 1 million users by end of the year.

Entrepreneurs and developers around the world are welcome to join us in building the U Network global decentralized value network.

Marketing outlook of U Network for the second half of 2019

In the first half of 2019, UUU has been launched in 8 exchanges, including global mainstream exchanges such as Huobi and Bibox. It has also formed strategic partnerships with well-known blockchain projects and institutions such as NKN, IRISNet, Quarkchain, EKT, and Mixin. The team has held roadshows in 4 countries and more than 20 cities.

In the second half of 2019, the team aims to launch at least 2 top 20 global mainstream exchanges, and intends to reach strategic partnerships with more projects and institutions. In the second half of the year, the number of strategic partners will increase by at least 10 to help increase U Network’s ecological impact.

U Network team has already started global roadshows again and expects to complete 10 roadshows during the second half of the year.

Community outlook of U Network for the second half of 2019

By the end of June 2019, UUU has over 50,000 overseas users in 179 countries and has rebuilt its Chinese community.

In the second half of 2019, the team will focus on the development of UUU Chinese community. The aim is to increase Chinese users by 100,000 (50,000 UUU holders) and to increase overseas users by 50,000.

The road of UUU is long and filled with hurdles. However, we will keep moving towards the goal.

Let’s work together for a brighter future!