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Back in early 2017 three groups of Internet entrepreneurs who were individually very successful in their own fields joined together as a group. The plan that came out of that group was to launch an Ecosystem that absolutely everyone can become involved in. The UvoPay system is user friendly and people with absolutely no past experience with Bitcoin or other Crypto systems can join us with confidence and know they will be looked after. During our development period our group have had their teams working nonstop to produce all the income necessary to get to our launch date. We are proud to say that none of our development capital has been borrowed money; everything has been achieved by using our own funds and trading systems. WHAT, NO ICO? We are also proud to say that we had no need to go the normal route and launch an ICO and White Paper because we had no need to raise development funds via the public and institutions.
We could have gone that route like many other companies have done and are doing but we didn’t and by doing everything by our own efforts we have proved to ourselves that what we are offering our members is achievable and sustainable. Our aim now is to push on and attain maximum profitability and value of the currency used within the ecosystem on a global scale so the community as a whole will profit and grow as a direct result of our efforts.
We are continually adding to our UvoPay team and have programmers, traders, game developers, Crypto miner’s and auto robot trading developers in many countries including. To develop true value and usability of the crypto currency UvoCash a global payment system is created and will be administered by a fully registered and licensed bank. This system will allow members of the ecosystem to transfer person to person, or business to business using crypto currencies and traditional fiat currencies. We will also develop our very own trading platform whereby our community will have the ability to exchange a vast range of crypto currencies. Within our community, we have specialists who currently develop computer trading robots and these will be made available to all of our community members so that they themselves can profit from trading fiat currencies and crypto currencies with their own brokerage accounts. At a later stage we will offer bullion auto trading robots for gold and silver.
In every aspect of the ecosystem where profits are generated through gaming, payment and exchange transaction fees, sale of UvoCash coins, trading, crypto currency mining, half of these profits are deposited into the UvoPay ecosystem reserve vault and the balance is used to administer the ecosystem and develop new projects. As our reserve vault grows so does the value of the UvoCash coin, the currency we will all be using and supporting. The UvoPay ecosystem is a project developed and created by genuine people who truly believe that with the support of its community and by reinvesting the profits generated by that same community back into the ecosystem they support, then sustained growth can be achieved and a real value can be placed upon the currency used by the community. The currency is backed by a licensed bank and its minimum value is supported and increased by real assets held on deposit. Our coin, UvoCash will be the only crypto coin to have a minimum value underwritten by a bank and supported by its own reserves vault which continually grows within the ecosystem.
As far as we are aware no other company including Bitcoin will guarantee a minimum value with its coin. UvoPay does and will continue to invest in various blockchain projects and up to 50% of all profits generated, is deposited in the UvoCash Reserve Vault thus creating its true value. UvoCash does not rely purely on supply and demand principles to determine its value.
UvoCash is fully supported by the UvoPay ecosystem and profits generated by the whole ecosystem are used to secure and increase the value of UvoCash. We plan on having a thriving community where every member will have the opportunity to make their daily lives easier and more comfortable. A modern community made for a modern world. We have said that we will offer the use of Auto Trading Robots to our members in the future. When this option is available we will also suggest the best brokers to use.
We have said that our members can join UvoMarketing, Our Market Maker and have the opportunity of making a very good income. Our future plans will include opening an Affiliate section where our members can browse a large section of affiliate deals covering all aspects of modern lifestyles from Travel to Gambling. Our aim is to have as many online companies using our UvoCash coin as a payment option on their websites. As we know we will have a very busy website and we plan on offering premium advertising space on the site. This will bring in additional profits that will also be split with a portion going to our vault.
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We have already sold some advertising space and plan on having this section up and running as soon as possible. I have been in business for many years with a considerable record of success both as an entrepreneur and working for others. Since I graduated from University I have harboured the belief that there should exist and opportunity where I could profit whilst helping other people become wealthier. With the launch of the UvoPay Ecosystem I can now help others who wish to be part of this community and to benefit financially along with myself. I have had a vision of building something that will utilize the latest technology and financial tools that already have a proven record of success and that works when individuals come together to create a community for the mutual benefit of the individual as well as the community as a whole.