In a significant stride towards expanding its accessibility and market presence, the UBIX Network’s native token, UBX, was listed on AscendEX, one of the trendy global crypto exchanges. This listing marks an important milestone for UBX as it seeks to enhance liquidity and open up new avenues for investment.
With over a century of combined Wall Street investing experience, AscendEX is a full-stack cryptocurrency financial platform that provides straightforward solutions for investing, trading, and earning to help users maximize returns on their portfolios.
The inclusion of UBX into such a platform not only validates the credibility and potential of UBIX Network but also provides its existing and prospective investors with a new, efficient way to trade UBX.
What is UBIX Network?
UBIX Network is a decentralized protocol based on its own L1 hybrid DAG (Directed Acyclic Graph), designed to facilitate the seamless integration of blockchains of various types. UBIX facilitates the interconnection of both public and private blockchains with asynchronously added blocks, allowing for efficient data and value transfer across different networks.
This interoperability aims to overcome the prevalent issue of blockchain isolation and enhance usability in real-world applications. By utilizing its unique DAG structure, UBIX ensures fast transaction speeds and low fees for users.
The network is not merely a single project but a constellation of interlinked platforms and projects, each designed to provide not only unique solutions and enhancements to the blockchain and crypto communities but for real world services as well. UBIX Network is a powerful ecosystem, with 7+ working services, such as a tokenization platform, staking/distribution service, wallet with DIDs, exchange, sign/notarize service, and more.
Here’s an overview of its main diverse projects:
Ubixpay
Ubixpay stands out as a pivotal financial tool within the UBIX ecosystem, facilitating the seamless purchase of UBX and the management of UBIX, ERC-20 and BEP-20 tokens. It is a non-custodial wallet that provides the ability to link social identifiers directly to the UBX wallet. Along with that, Ubixpay provides the ability to stake various UBIX assets.
Moreover, Ubixpay utilizes the integration with UBIX.Exchange. The feature allows users to purchase UBX directly within Ubixpay for further usage in the ecosystem, like staking.
You can buy $UBX via Ubixpay.io and enjoy the advantages:
- Quick purchase of UBX with ETH and USDT (ERC-20).
- Get UBX on the native network and start staking (~16% APY).
- Create DIDs, enhancing security, privacy, and user control over identity, aligning with the broader principles of self-sovereign identity.
Silent Notary
Silent Notary is a UBIX-blockchain-based service that converts event data into legally significant evidence, making it immutable and verifiable. This service is pivotal for the legal, finance, real estate sectors, almost every sphere where proof of existence for certain data is crucial.
Silent Notary modernizes the old practice of using a newspaper’s date as a timestamp for legal evidence. It replaces this with a network of independent nodes that verify received information. This method guarantees the immutability of records and provides a trusted timestamp, synchronized across the network.
Ubix.Exchange
UBIX.Exchange is a crypto exchange that implements the cutting-edge technology of the UBIX DAG in order to give users a trading experience that is decentralized, efficient, and scalable.
It features advanced order matching algorithms, robust security, and integration with other services within the UBIX Network. As a key benefit, users can list for free and trade their own tokens issued with the help of 4Tokens.
UbiStake
This platform is dedicated to staking and managing digital assets. Users holding assets in UbiStake support the network through the POS method and receive rewards. Users also receive a daily airdrop and can support the development of other projects in the ecosystem by holding their tokens and receiving dividends.
4Tokens
4Tokens, developed in the zero-code concept, serves as a gateway for tokenization, where users can create their own tokens within the UBIX Network. This project aims to democratize access to token creation, enabling startups and enterprises to leverage blockchain technology for asset management.
Along with that, token owners are allowed to invite stakers and distribute funds via UbiStake’s distribution mechanism among all token holders.
CrowdFeeding
CrowdFeeding is an innovative platform within the UBIX Network that allows customers to post any tasks. Users can respond to these tasks, complete them, and receive rewards for execution. The service acts as a guarantee that payment will be made for completed tasks.
Summary
By integrating these diverse projects, UBIX Network not only strengthens its position within its own L1 DAG ecosystem but also enhances the overall utility and adoption of UBIX tokens. With continuous developments and strategic partnerships, UBIX Network is poised for further expansion, driving innovation in the web3 space.
By securing a spot on AscendEX, UBX has not only achieved a significant boost in visibility across the crypto community but also reinforced its utility as a digital asset. This development is expected to accelerate adoption and foster greater integration of UBIX Network’s various decentralized applications and services, enhancing the overall growth and sustainability of the network.
