Atlas USV

Atlas USV

USV
$19.32%4.86

Key Metrics

Price$19.32
Real Volume (24H)$1,801.9
Marketcap$1,986,378
Fully Diluted Valuation$21,471,585
ATH$1,138.47
ATH Date1/3/2022, 7:08:51 PM
ATL$17.62
ATL Date12/22/2022, 9:39:24 AM
Circulating Supply104K
Total Supply280K
WebsiteN/A
WhitepaperN/A
Popularity Rank1469
Chart
What is Atlas USV?

Bitcoin, the world's first and most well-known cryptocurrency, has been around for over a decade. It has served as a decentralized digital currency that allows users to make peer-to-peer transactions without the need for intermediaries like banks. However, Bitcoin has some flaws that have been discussed in the community for years. One of the major criticisms of Bitcoin is that it rewards miners with newly-minted inflationary coins but doesn't reward its hodlers. This is where USV comes in.

USV is a logical, fair, and energy-efficient alternative to Bitcoin. It rewards its hodlers (stakers) and provides an eco-friendly blockchain that is available on many networks. USV's multi-chain protocol is a stark contrast to Bitcoin's Proof-of-Work, energy-inefficient blockchain. With USV, users can choose to hold their coins on an energy-efficient blockchain such as Avalanche or Polygon.

Bitcoin's distribution of wealth has also been a point of concern for many. After 13 years of existence, the top 10,000 holders in Bitcoin still control about 1/3 of the cryptocurrency in circulation. This is a significant amount of control in the hands of a few. In contrast, USV has taken a different approach to distribution. The three largest initial wallets in USV (PODL, RACL, KFML) are Protocol lockboxes that aren't owned by anyone and constitute 65% of the initial supply. This means that large initial holdings belong to no one, and the principals are permanently locked. Furthermore, PODL, which constitutes 50% of the initial supply, is never staked, and therefore, gets diluted over time, allowing for newcomers to gain market share.

USV's approach to distribution is a refreshing change from other VC-funded protocols where inequity rules. In many of these protocols, a small number of large investors own the vast majority of the initial supply. However, USV is different. Central to USV's ethos of equality is the charitable donation built into the protocol through its Reciprocal Altruism Charity Lockbox (RACL). This donation helps to make the world a better place and promotes a win-win philanthropic ideology that we hope all protocols will adopt.

In conclusion, USV is a logical and energy-efficient alternative to Bitcoin that provides its hodlers with rewards and an eco-friendly blockchain. With its multi-chain protocol available on many networks, USV offers users a choice of energy-efficient blockchains such as Avalanche or Polygon. Its unique approach to distribution ensures that large initial holdings belong to no one, and the principals are permanently locked. This allows for fairer distribution and encourages new market entrants to gain market share. The inclusion of a charitable donation built into the protocol promotes a win-win philanthropic ideology that we hope all protocols will adopt.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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