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UMI Top

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MLM network marketing in staking is an effective approach to UMI development

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MLM marketing strategy assumes a bonus program within the community. This approach to development shows an extremely effective result, since it motivates users to attract newcomers, receiving additional rewards for this.

- Vivid examples of the effectiveness of MLM strategies are the Binance and Gemini crypto exchanges. These two giants of the crypto industry use a referral program to attract newcomers and get rewarded for it. The result is clear - these are some of the most successful crypto trading platforms on the planet.

- We have approached this issue as non-standard as possible. Instead of somehow integrating the bonus program into the UMI network, we have developed a smart contract that allows users to unite into communities themselves and create staking structures in which various MLM strategies can be applied for every taste and color.

- At the moment, the structure of one of our partners - ROY Club - implies a 9-level bonus program, due to which not only the ROY Club itself is successfully promoted, but the entire UMI network. In the future, alternative structures will appear, which, thanks to the flexibility of a smart contract, will be able to create a different bonus system and thereby attract a new audience. All this will have a positive effect on the development and popularization of our cryptocurrency.

As we wrote in our Whitepaper: “MLM is one of the most effective ways to promote crypto technologies, since it allows you to recruit an audience that will use the cryptocurrency, and not just play on its course”
 
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- From an ideological point of view, the UMI team cooperates only with those partners who set themselves the goal of improving the world, protecting nature and caring for the environment.

- It was this aspect that became one of the key ones when deciding on partnership with ROY Club. We are confident that our cooperation will be productive and will help make this world a better place.

- Join and invite all your friends — create new UMI coins with eco-friendly staking and save the planet with us!
 

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UMI Now Has Its Own Blog!

Dear friends! We're keen to share yet another good news with you. This time it's related to the social aspect of growth of our cryptocurrency!

Since UMI is an independent decentralized coin, we decided it should also be independent in terms of communication between the UMI Team and the network users — that is you. This is why we launched our own blog — it's more convenient than Medium where we used to publish our articles.

What are the benefits?

- Our own blog will help us grow faster online as, among other things, it'll be indexed by search engines, such as Yandex, Google and others. It means more and more people around the world will know about us.

- Our blog has a nice interface and rich functionality: it's easy to read, like and share articles with no registration — we're always deeply interested in convenience of our users.

- With our own blog we'll be truly independent and confident we'll always be able to express our views without restriction. This is of utmost importance to us.

We're interested in high-quality content, we always try to keep you happy with our useful and interesting materials and make a point of this. Our own blog is a new chapter in UMI's story!

Follow the link to access our blog: https://blog.umi.top

We've already started to post all our longreads that used to be on our Medium page, and we'll publish new ones, too. Visit our blog, read articles, like and share them with your friends. Welcome!

Congratulations on the good news! Yours truly, the UMI Team!
 

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Imagine for a moment that our UMI cryptocurrency is a living person, a girl. Let’s see what kind of character it would be according to the horoscope, and if these predictions coincide with reality.

Horoscope: Yumi is a Japanese female name that carries a special energy charge. Literally translated, it means «Useful beauty» and is written with this symbol — 弓.

Reality: About the energy charge — right here right to the very point. Our UMI is simply an inexhaustible charge of energy aimed at creation. It contains endless potential that can change the future of the whole world for the better.
 

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Successful translation to Indonesian language!

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Friends, we are glad to announce that we have translated the entire UMI infrastructure into Indonesian language.

Now available in Indonesian

- The whole UMI website, including the wallet and blockchain;
- Whitepaper and all other documentation;
- Our social media;
- UMI mobile app.

Moreover, our partners — ROY Club and the trading platform SIGEN.pro, have also fully translated their resources to Indonesian. Their websites have already been translated, but on top of that they have also localized all the infrastructure. From now on, Indonesian also available in:

- SIGEN.pro mobile app;
- ROY Assistant;
- ROY School for Beginners.

Full Indonesian translation is a new stage in the development of UMI, ROY Club and SIGEN.pro. Together with our partners we have already started to directly enter the Indonesian market, which will be the beginning of the swift expansion of UMI around the world!

From now on, all members of our community from Indonesia will be able to enjoy all the features of UMI, ROY Club and SIGEN.pro as comfortably as possible. Meanwhile, the leaders of the ROY Club and other UMI members will be able to easily attract new partners from Indonesia: building up the power of their communities, getting awesome bonuses and actively spreading the idea of our cryptocurrency to the public. Don’t hesitate and get started right now. We count on you and believe in you!

With respect, the UMI team!

P.S. Also note that the UMI translation on Indonesian language was included in our official goals https://blog.umi.top/en/umi-official-plans-for-the-future/ and we have successfully implemented it. The same will happen with all our other goals!
 

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Let’s pretend that UMI is a person. What astrologers say about the character traits of girls named Yumi?

In general, the picture is as follows:

- Yumi is very welcoming and calm when communicating with others. She is energetic and friendly, always ready to help those in need. Yumi strives to constantly reach new frontiers, but success for her does not become a reason for pride — it is very important for her to stay in good relations with everyone and give joy.

- In turn, those around him appreciate Yumi for an objective view of things, kindness, caring, striving to resolve matters peacefully, finding compromises. She loves constancy, easily yields, in very rare cases shows aggression and harshness, even if she is frankly forced to do so.
 

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UMI Desktop Wallet (Node) to Be Released in Early 2021!

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Dear friends! Some time ago we announced we had started to develop an easy-to-use UMI Desktop Wallet that would also operate as a fully featured validator node, i. e. would download the blockchain and support the network. However, due to a shift in priorities for our road map, the date of desktop node release was postponed to early 2021.

1. We’re now making a major effort to steeply increase our network capacity. Our goal is 10,000 transactions per second. To achieve this, we’re now optimizing master node operation and prepping our servers.

2. We’re also giving full throttle to the preparations for implementing a “reserve” PoS algorithm. It’s really putting us behind in terms of development and testing. Even more so since desktop nodes are supposed to support PoS.

Thus, we’ve postponed the date of Desktop Wallet release since we’re focusing on other important issues at the moment. We need to resolve these issues before we release the Wallet.

We also want to give you some specifics regarding node operation since we regularly receive questions about this:

- The key point is that you don’t have to wait for the Desktop Wallet release to join fully featured staking. The smart contract allows you to generate new UMI coins without launching a fully featured node. All you need to do is join one of our staking structures — ROY Club or ISP Club.

- Our nodes generates near-zero load so you don’t need powerful equipment to launch it — it’ll operate on any modern PC and/or even smartphone. Yeah, that’s right, you heard us right — we’re planning to release a fully featured validator node for mobile devices which no other cryptocurrency has.

- For those of you who are interested in details of the load issue, we’re happy to go deeper into technicalities: in the validator mode, the node itself generates near-zero load while server power is mostly spent on PostgreSQL database. The reason for this is that our very first node release was designed to meet crypto exchange requirements which is exactly why we had chosen PostgreSQL as the main engine as it’s one of the best and most popular databases. We’re working to optimize this, squeezing max capacity out of both the node and PostgreSQL, but PostgreSQL settings are not optimal by default. Database settings are the responsibility of database admins while we cannot influence them in any way. Thus, capacity mostly depends on your DBA and their ability to optimize server operation to meet PostgreSQL load requirements. The desktop node will use the NoSQL database which is similar to databases used by Bitcoin and Ethereum, but also better and faster. We will provide you with the details of system requirements after optimization is completed.

Finally, some good news: we’re also actively updating the developer.umi.top portal. Our technical writers are preparing a series of detailed articles on network operation, consensus algorithms and how the backbone network is organized. You’ll soon see a lot of interesting stuff there.

Sincerely yours, UMI Team!
 

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Why is UMI a coin?

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1. UMI has a unique source code and its own blockchain, like any other full-fledged cryptocurrency. It is a blockchain platform developed from scratch that can create and execute smart contracts, based on master nodes and a unique Proof-of-Authority model.

2. UMI works in a decentralized manner, does not "parasitize" on anyone, does not depend on anyone, does not obey other people's rules, and all transactions take place within its own network. Moreover, UMI itself is capable of issuing tokens.

3. UMI is a multifunctional cryptocurrency, full-fledged "digital money" that can be "mined" by staking up to 40% per month. And without powerful equipment and without harm to the environment.

4. UMI can be used not only as payment for goods and services, but also in various spheres of human activity. And this is not only theory, but also practice. We remind you that the structure of the ISP Club develops and issues plastic cards, thanks to which it will be possible to pay UMI from almost anywhere in the world in all stores where there is a bank terminal. Moreover, the cards will allow you to convert UMI into fiat money and withdraw it from ordinary ATMs at any time.

We are starting a new digital era with you, and anyone can jump on our train right now. Join us. UMI is a confident step into the future. Let's make it together!
 

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Currently, less than 0,001% of the total network potential is used. The UMI network is capable of withstanding hundreds of thousands of times higher load than today, it has a huge power reserve.

Moreover, the ability to scale gives UMI the ability to always keep up with the times. The UMI code ensures the safe implementation of any updates — the network can be easily modified and scaled with new high-tech solutions.

This means that no congestion in the form of a queue of transactions will ever become a problem for us. All payments will be processed quickly and commission-free. Always.
 

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UMI is a progressive cryptocurrency that can change the world!

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- People used to draw cloudless perspectives to pagers, faxes and landlines, but where are they now? They were supplanted by smartphones and the massive Internet, in which no one believed at first. New technologies suddenly appear in our world and change it beyond recognition. They replace the old - what everyone is used to - with a new and more convenient one. What is best.

- Even 10 years ago, people believed in the development of banking technologies, but unexpectedly for everyone, Bitcoin appeared, which turned the perception of humanity about financial payments. It turned out that every person on the planet can make payments without intermediaries and create new digital money on their own. Yes, Bitcoin is not perfect, but it is used by millions of people around the world. And this figure is growing rapidly every day.

- And now it's the turn of UMI - a new generation progressive cryptocurrency. She is able to lead the world to a completely different financial relationship - decentralized, which means honest and fair. And we, having joined UMI, are already building just such a relationship. The future depends on us!
 
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