U°OS is a universal reputation system constituting an open-source blockchain protocol. it is built to be the standard for evaluation of trustworthiness on the emerging decentralized web.
U°OS introduces DPoI, a unique consensus algorithm, that takes into account not only the monetary stake of an account but also the value it creates for the network, calculating it via account's incoming transfer and social activity.
The U°OS reputation system already has use-cases/dApps, such as u.community, a social platform, which serves as an explorer and interface to the blockchain.
Unlike other chains, U°OS records both economic transfers and social interactions on the blockchain.
Social transactions allow the exchange of non-monetary value in a blockchain. For example, U°Community dApp uses the social transactions to upvote, downvote, publish content and follow or trust users. Social transactions along with economic ones are used to calculate reputation or Importance of digital entities.
Click here to access the UºOS community blog.
UOS IEO begins on August 8, 2019. The IEO token supply represents 10% of the total token supply. There is a total of 16,000,000 UOS (on Bitforex) tokens available, for 0,025 USD each. The IEO funding target is 400,000 USD and is expected to end on August 14, 2019, or when the funding cap is reached.
Token Reserve Split (90%):
Supply after the sale: 400 000 000 UOS (those are ERC20 tokens, out of which 100mm are for IEOs, 100mm are for angel investors, and 200mm for private round investors) All the tokens except the IEO pool are locked.