UniCoin Price (UNIC)

There are several standards cryptocurrency exchanges should meet, which are necessary for fair launch such as public pre-announcement of the launch without early access to sales for some privileged groups of users. Also, miners of fair launch cryptocurrencies should have sufficient time to configure their equipment as pre-mining is excluded. There are no hidden blocks, while the first 360 blocks are usually mined at a lower block reward.

Secondly, being a collectible cryptocurrency means that UNIC rebels against the top-down model. The code presupposes that the token is individually controllable. This is another concept that is incredibly popular at the time of writing since the popularity of NFTs has considerably increased in the course of 2021. There is no need for a third party to govern transactions when users send collectible tokens to other users. Only holders are in charge of controlling their assets. This is the feature that makes the concept alluring.

UNIC token

It was planned to issue only 16 million UniCoins. The common mining reward was 1 UniCoin per block at the beginning. When the block number is divisible by 16, the miner gets a special reward equal to 8 UNIC. However, after halving that took place in June 2015, it decreased down to 4 UNIC divisible by 16 or 1 Unic for ordinary blocks as before. The following halvings resulted in a further decrease in the reward.

The number of cryptocurrency exchanges where UNIC is traded is rather limited. For instance, it’s possible to buy UniCoin on BTC-Market.org and on FoBCoin cryptocurrency exchange.