Universal Basic Assets : In this article, we cover a detailed review of Universal Basic Assets Crypto. How does Universal Basic Assets Crypto work & Are important features?
About Universal Basic Assets
Universal Basic Asset introduces the concept of UBI, through research and analysis of users and their relationships, transforms the user relationships that originally existed off-chain to the chain, establishes a user relationship network on the chain, and uses the UBA network rating and analysis mechanism to cooperate with PageRank and other algorithms , to accurately analyze users and open it to WEB 3.0 developers.
Universal Basic Asset uses zero-knowledge proof to build a user data privacy layer. Through this privacy layer, users can still prove their identity and the validity of their identity tags without exposing their data to the chain. In this way, the SocialFi network and Decentralized Identity (DID) system with privacy protection in WEB 3.0 are constructed.
Universal Basic Assets Crypto Point Table
|Coin Name||Universal Basic Assets|
|Official Project Website||Click Here To Visit Project Website|
Universal Basic Assets User System
The UBA network consists of three basic units of analysis: User, Relationship, and Group.
● User is the subject of agency and behavior.
● Relationship refers to the user-to-user associations formed via invitations and interactions.
● Group refers to collections of user relationships.
● Relationships (Invitations and Interactions)
● A higher mining coefficient can be obtained by upgrading the user level
● class (common, node)
● Combine address analysis tools and social media analysis tools to analyze from the dimensions of user assets, asset distribution, preferences, address interaction, character tags, regions, activity, and influence, and make user portraits.
UBA’s active users are referred to as UBA network nodes. The characteristics of nodes can reflect user influence.
UBA analyzes nodes from three dimensions: initiative, centrality, and activity. Nodes usually consist of critical users and KOLs.
Universal Basic Assets Relationships
Invitation refers to the vertical associations created by UBA user invitations. Interaction refers to the horizontal associations formed by users that team up across different vertical association structures.
While information transmits quickly within intra-group settings, inter-group interactions can often be challenging. UBA integrates social features by combining the PageRank algorithm with UBA’s user system to improve user interaction, deepen user connections, and form more holistic group relationships.
UBA plans to vote through the community in the second quarter of 2023. Based on the UBA user relationship network, it will support developers and create ecologically high-quality projects, including but not limited to chat software, forums, social platforms and other applications. Further stabilize the relationship among group members, increase activity and influence.
Universal Basic Assets Value System
UBA Network will provide APIs to all WEB 3.0 developers, including user level, label and other information, so as to achieve rapid acquisition of users and accurate import of traffic.
Based on the UBA user relationship network, UBA will support developers to create high-quality ecological projects, including but not limited to chat software, forums, social platforms and other applications.
SocialFi developers can call on the relationship and influence of UBA’s massive users through the UBA network, skip the cold start link, and focus on the development itself.
GameFi developers can use the UBA network and user labeling functions to carry out product activities such as customized tasks, exclusive mining pools, joint NFTs, airdrops, etc., so as to accurately import traffic around the target user group.
The customized promotion plan includes joint activities, joint NFT, exclusive mining pool, product push, etc.
Universal Basic Assets Economic System
UBA Crypto Trader and UBA Influencer 3D Avatar are the embodiment of users’ identities in the UBA ecosystem, and are currently logged into the Binance NFT and OKX NFT markets. Own exclusive rights and interests: such as NFT mining pool, increase mining coefficient, governance voting.
SUBA is the user’s identity proof in the UBA network, which is different from UBA NFT. SUBA will be introduced into the entire UBA ecology, has the rights and interests of UBA NFT, and will be able to give priority to participating in ecological projects and receive rewards in the future.
SUBA sets 5 levels，Users who have registered at uba.finance and experienced the product before 00:00 on February 12, 2023 (UTC time) can claim it. Depending on the number of previous UBA Tests, the level of SUBA received is different.
UBA Ticket is distributed fairly according to the user’s online time, and the output is reduced by 25% every year. In the UBA ecology, UBA Ticket will be used to exchange Ticket Quota and UBA Token, NFT upgrade and synthesis, pledge UBA Ticket to improve user level and team level coefficient, etc.
Universal Basic Assets UBA Token
The Universal Basic Asset Token (UBA Token) is the project’s governance token. UBA Token is used to support the development of the UBA ecosystem and has a maximum circulation of one billion tokens.
Universal Basic Assets Conclusion
The understanding and use of Universal Basic Income (UBI) have undergone a paradigm shift as a result of Universal Basic Asset (UBA). UBA has effectively crossed the gap between off-chain and on-chain interactions, revolutionising the way user connections are created and maintained. This has been accomplished through painstaking study and in-depth analysis of users and their relationships.
UBA has ensured transparency and security as well as established the groundwork for a strong user connection network on the blockchain by moving these interactions onto the blockchain. This ground-breaking strategy has the ability to transform socioeconomic systems and build a society where everyone has access to their fair share of opportunities and resources. The future of UBI is bright with UBA since it blends cutting-edge technology with a thorough understanding of business.
Universal Basic Assets FAQ
What is Universal Basic Asset (UBA)?
Universal Basic Asset (UBA) is a groundbreaking concept that aims to introduce and implement Universal Basic Income (UBI) through an innovative approach. It involves in-depth research and analysis of users and their relationships to transform these relationships from their original off-chain existence to a network established on the blockchain.
How does UBA differ from traditional UBI?
UBA distinguishes itself from traditional UBI by leveraging blockchain technology to redefine the way user relationships are managed. By transitioning these relationships onto the chain, UBA ensures greater transparency, security, and traceability, which enhances the effectiveness and reliability of the UBI system.
How does UBA transform user relationships to the chain?
UBA utilizes advanced research and analysis techniques to understand the intricate dynamics of user relationships. Through a careful mapping process, these relationships are encoded and transferred onto the blockchain, creating a secure and immutable record of interactions within the user relationship network.
What are the benefits of establishing a user relationship network on the chain?
Establishing a user relationship network on the chain offers several advantages. Firstly, it ensures transparency, as all transactions and interactions are recorded on the blockchain, leaving no room for manipulation or fraud. Secondly, it enhances security, as the decentralized nature of the blockchain protects user data from unauthorized access. Lastly, it enables efficient tracking and monitoring of user relationships, facilitating the fair distribution of Universal Basic Income.
How does UBA contribute to a more inclusive society?
UBA strives to create a more inclusive society by providing a reliable and sustainable system for Universal Basic Income. By analyzing and understanding user relationships, UBA ensures that individuals receive their fair share of resources and opportunities, reducing inequality and fostering social and economic well-being for all.