Elon Musk’s Tesla acquired $1.5Billion USD worth of Bitcoin. Many more companies have done the same, and yet even more will follow. Do these companies hire internally to manage their crypto? Do they use an outside crypto asset management company? What tools are available to effectively manage crypto assets for customers or internally? And what if you want to run a business completely with crypto?

Enters Unido.

Unido focuses on these new real world problems and introduces their patented key multi-signature technology to assist.

Unido is a platform with a unique blockchain key multi-signature technology plus a suite of Unido dApps. Their multi-signature technology is used DeFi for transaction authorization. Unido’s multi-signature technology is accessible through its platform Unido Core, a future ecosystem of APIs for 3rd party dApp developers.

Unido’s products bring Unido Core to life to focus on enterprise asset management crypto businesses such as online banks or crypto investment firms. The combination of Unido’s products gives its clients the ability to reduce costs, increase operational efficiencies, while increasing customer satisfaction.

Unido products are built on top of the Polkadot network, a highly scalable and interoperable blockchain network. The Polkadot network is a promising blockchain network second only to Ethereum in terms of dApp development.

In order to understand Unido products, we will first review the Unido Core platform and their multi-signature technology.

Managing customer crypto assets typically requires expensive cold storage resulting in higher costs, manual processing, slow operational processes, and a less than ideal customer service experience.

Unido EP (Enterprise Platform) is a full software solution (SaaS) streamlining common cryptos business practices resulting in less costs, less maintenance, no more cold storage devices, faster operational processes, and increased customer satisfaction.

Business owners, small and large, cannot easily delegate management over crypto assets to another person or team.

Unido offers multiple solutions that allow businesses to set specific permissions for setting up a transaction and executing a transaction. Signing permissions include a single signer, multiple signer requirements, a majority signer requirement, or a unanimous signer requirement.

Effectively decentralized, worry-free secured authorization for the movement of crypto assets. This can apply to a DAO, asset management firm, bank, government, or pretty much any business with assets in crypto.

Running a business in crypto can be challenging since most common business software is not setup to integrate with your soft wallet, send, or receive crypto payments.

Unido offers a crypto banking solution that allows the crypto-native business exactly that, the ability to receive and send crypto payments and manage the daily operations.

Crypto businesses and crypto asset management companies are forced to navigate several platforms and interfaces to manage all of their crypto assets, whether buying, selling, or liquidity mining.

Unido has integrations with multiple DeFi networks connecting the user’s assets with all of the user’s suppliers in one place. Combining this solution with multi-signature makes buying, selling, and navigating the numerous DeFi networks simple and secure.

A patented key management & transaction signing technology built for flexible governance, security, & interoperability for the enterprise asset management or crypto-native business.

The only soft wallet built for business.

Features

1. Free app.
2. Unlimited wallets.
3. Multi-member transaction signing.
4. Supports multiple crypto currencies.
5. Flexible governance.
6. Trade crypto directly from the wallet.

https://player.vimeo.com/video/429173943

A platform focused on financial crypto institutions that need access to additional liquidity and wholesale trading. Liquidity can be accessed from a network of crypto financial institutions already integrated with Unido.

Features

1. Pre-approved liquidity partners.
2. 30 second transactions for Instant liquidity.
3. Atomic swaps ensure settlement.
4. APIs to integrate with current systems.
5. Built-in integration with Unido EP.

Coming Soon.

Two Factor authentication for crypto and digital assets.

Unido’s enterprise platform is a suite of dApps and tools specifically geared toward crypto custodial service companies, such as crypto investment management firms or banks.

Unido’s customers enjoy Unido EP’s software as a service (SaaS). In fact, Unido EP is currently operating a pilot program with X Neo Banks.

The enterprise suite consists primarily of 3 products: the central management platform, DeFi Vault, and a crypto banking tool.

An enterprise hub built to access all integrated DeFi and crypto banking management tools. The enterprise customer’s one-stop for all their crypto clients’ needs.

Features

1. Easily access and manage all crypto tools.
2. Experience other Unido products with smooth integrations.
3. User friendly interface.

A business softwallet that manages, stores, and invests crypto assets with integrated partners such as Uniswap, Balancer, and Yearn Finance.

Features

1. Multi-member transaction signing.
2. Integrations with UniSwap, Balancer & Yearn Finance.
3. Flexible governance.

An exciting tool for crypto businesses is Crypto Baking, a tool to manage daily operations with integrated crypto-centric processes.

Features

1. Manage day-to-day operations.
2. Customer account management tools.
3. Pay and receive crypto payments.
4. Quickly manage customer wallets.
5. Setup business specific access rights asset transfer requirements with custom governance.
6. Run analytics and other business reporting.

Unido’s vision is to build an ecosystem of 3rd party dApps who leverage Unido Core’s multi-signature technology.

Unido will support the adoption by third parties to develop on top of Unido Core by:

1. Creating an Ecosystem Development Fund (EDF) to subsidize developers, and
2. A DAO to oversee EDF distribution and ecosystem development.
3. Unido will also integrate the UDO token across all products in a way that captures more value from the products.
4. Early UDO token adopters will have the option to earn additional rewards with liquidity marketing.

Unido expects 3rd party dApps to be a “majority of the network” over the next few years. Possible industries that could benefit from their products and Unido Core technology include:

1. Banking
2. Fintech
3. Payment Gateways
4. Asset Management
5. Insurance
6. Exchanges
7. Government,
8. And SMEs

Ticker: UDO

Type: Ethereum ERC-20

The UDO token has the following utility:

1. Network Access Licence
2. Consumption Fees
3. DAO Governance
4. Liquidity Mining

Total Circulating Supply: 115,000,000 UDO

Initial Market Cap: $487,813

Seed/Private/Pre-Public Sale Fundraising: $1,400,000

Seed Sale: $0.04, 0% TGE, 20% monthly unlock

Private Sale: $0.05, 25% TGE, 25% monthly unlock

Public Sale:: $0.06, full unlock

Deflationary Economics

• Phase 1: From consumption fees, 60% burn, 20% to EDF, and 20% into reserve. Phase 1 when token supply is reduced by 20%.
• Phase 2: After enterprise products take off, 50% of fees to be invested into EDF & 50% into reserve.

• IDO set for Polkastarter
• Listing on Uniswap following IDO

Q1 2021

• UDO Token Generation Event

Q2 2021

• Unido DeFi Interface launch
• Marketing & community promotion

Q3 2021

• Unido Core infrastructure development and proof of concept

Q4 2021

• First ecosystem grant released via DAO vote

Chris Weddle

CEO, Founder

• CEO at PAC Blockchain
• Experienced tech CEO with a specialization in blockchain technology.
• CTO at Invox Finance ($INVOX), a decentralized invoice factoring solution.

Tahir Alam

Director of Strategic Development, Co-Founder

• Director of Strategic Development at PAC Blockchain.
• History of working with SAP implementation for enterprises.
• Involved in compliance with Insurance Australia Group (IAH).
• Co-founder of shuju.com.au.

Michael Swan

CCO, Co-Founder

• CCO at PAC Blockchain.
• Experienced commercial banker familiar with institutional banking investments and products.
• Former Vice President at Goldman Sachs.

Ben Hunter

CMO, Co-Founder

• High level experience in marketing, sales, and advertising.
• Experience working with multiple startups over the past 10 years.
• Former Global Sales Marketing Director at BRTV.

• DuckDAO — Strategic partners with DuckDao and Faculty Labs who created a strategic partnership with Faculty Labs to incubate Undio. DuckDao and Faculty Lab have a successful history of IDO incubations such as PAID Network, Bridge Mutual, etc.
• Titan Ventures — Marketing and business development firm with previous blockchain successes.
• Master Ventures — VC firm with history of successful in house projects such as PAID Network, and investments in Coinbase, Kraken, Ripple, ABRA, Bitstamp, etc.

• Initial IDO on March, 3rd, 2021 launching on Polkastarter. Polkastarter is a well known launchpad with many IDOs taking off quickly.
• Recent Strategic partnership with LGCY Network, a Layer-1 network.
• Unido DeFi Interface launch in Q2.
• In the future, any partnerships using their API or additional enterprise customers will increase the use of $UDO token resulting in a higher demand for their token.

IDO is on March 6th, 2021. Initial price is $0.06 with an initial market cap of $487,813.

7% of tokens will be released at the public sale. While approximately 32% of tokens locked will be released within the first 6 months. The remainder 60% over the following 12 months.

The consumption fee burn will help with inflation by reducing the total supply by 20%.

Unido is launching from Polkastarter, one of the hottest launch pads for IDOs. Unido was incubated by DuckDAO & Faculty Lab, also the source of recent projects that have mooned. Unido partnered with an impressive list of venture capitalists known for their success with other new blockchain projects. And, Unido is fulfilling a need in the crypto industry that will only increase as crypto becomes more and more mainstream.

Risk & Concern

• On the day of Unido’s initial launch, February 26th, 2021, an error was found in their token contract with Polkastarter. Unido made the decision to move the IDO to March 3rd, 2021. While Unido resolved the error within 1 day, it is possible it has an effect on the Unido IDO.
• Seed and private sale investors taking profit early.
• Token unlocks monthly for the first 18 months.

Market Potential

Unido is attacking the market in two highly scalable methods, their business banking suite of products, and unleashing their technology via API to all types of industries, developers and even possible competitors.

If Unido can execute on it’s roadmap, support and expand developer use of their technology, while bringing on more enterprise customers Unido can grow exponentially. Their market is truly global with new customers entering every day. If Unido executes, it has the potential for a long-term investment. It may take some time to know whether or not they are able to execute successfully.

Unido does have some competition with other multi-signature solutions in the market, such as Multis, another wallet made for businesses. That said, there is plenty of room for competition in this young market. And if Unido’s technology is as good as it sounds, their competition will likely just use their API which also makes Unido a winner.

Additional competition can be found when looking at custodial crypto banking software including a leading open source solution Openware. Each business industry will eventually have their go to platforms for accounting, customer management, etc similar to common businesses practices today. As Unido builds out their products for their niche market, they have the opportunity to be the premium product for asset management firms. The race is on.

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Source: https://medium.com/virtualbacon-dao/unido-udo-defi-asset-management-for-enterprises-1c1cdee6b22a?source=rss——-8—————–cryptocurrency