Uchit Review

Uchit Review


Uchit.jpg
Uchit is a communication and distributed point-to-point communication (P2P) 
platform designed at its core to improve the way people communicate with 
each other / their audience and collaborate with team members. 
Uchit completely eliminates the intermediary and allows users to directly 
exchange information through the blockchain network. Uchit uses the 
Ethereum Ecosystem as the main platform for transaction processing. 
By encrypting the communications in the block chain and allowing the nodes to 
communicate directly, Uchit can function as a fully decentralized exchange
for the transfer of data and value transactions, which allows users to communicate 
and collaborate at will. Distributed networks can collaborate in a 
reliable manner without a single point of failure. 
This document seeks to provide an overview of the Uchit protocol and explain its 
underlying technology and functionality in detail. We will break down the 
key components of the application, compare it with existing non-blockchain P2P 
communication applications and collaboration applications, and explain how 
Uchit's unique approach to decentralized incentivization, driven by contract, 
seeks to transform the blockchain communication and collaboration space.
2 The P2P network of Uchit 
Basic concepts: first, the Peers are connected to perform the first application, ie 
Communication (text chat / voice chat / video chat). After the pairs are 
connected and can communicate, they can collaborate easily (file sharing / 
Use the same folders and editors of the programming project / shared screen, etc.). 
2.1 A new way of visualizing communication 
What happens if you bring communication to the global free market every day and 
Allow users to find people freely, text chat, voice chat, video chat, file 
sharing, screen sharing, host meetings , host webinars?
This was the idea that put Uchit into action in early 2016. 
The communications industry has long been a victim of closures, 
government interference and strict regulations derived from 
decentralization.
By eliminating the central server and allowing network nodes to 
communicate directly without external interference, Uchit aims to 
revolutionize the way the world thinks about communication. Interrupting this 
the market is a multi-million dollar company. In the long term, Uchit aims to 
become the leading file exchange platform for users around the world.
2.2 Uchit Tokens - A brief description 
The Uchit tokens (UCHT) are the core of the Uchit incentive protocol. Users can 
"spend" UCHT in exchange for hiring people to join teams, requesting 
communication with people, requesting files of people, buying 
Teams templates (freelance) - as a market for new projects, etc. 
accumulate UCHT, users can sell templates and assets, respond to 
communication requests / join teams, etc. with the network (sowing) and be 
rewarded with UCHT every time they communicate or collaborate. UCHT can 
also be acquired in numerous cryptocurrency exchanges on the web, and 
will be directly interchangeable for Ethereum.
2.3 uses cases 
The first versions of Uchit will support the communication part: text 
chat, voice chat, video chat, recruitment. We plan to expand support for other tools over time. 
Some examples of use cases include having a market to buy and sell 
prefabricated project templates, having live programming editors, live 
TO-Do Boards, and much more. In each of these cases, users proactively 
accumulate UCHT tokens as a reward for using the network. Because 
the community has total control of the platform, the possibilities for growth are 
endless. 
We will continue to add features according to the demands of the community. We're
developing this platform for users, then our mission is to solve your 
problems, listen to your suggestions and meet your needs. 
It is about us (the community, the users).
2.4 Decentralization as a central component of communication and 
collaboration 
We firmly believe that communication must be decentralized and 
blockchain technology used for maximum security. Traditional communication 
Protocols are vulnerable to security breaches and stops that will be 
no problems for Uchit users.
3 The application and features 
Uchit is a communication and collaboration center based on Blockchain 
Technology. 
Uchit introduces a communication center and collaboration tools for both 
Individuals, Professionals and Commercial Entities that is not available with 
existing tools 
3.1 Core 
The development of Uchit is the end-to-end solution for: 
● Personal use, such as communication with friends and relatives. 
● Professional use as collaboration for programmers, musicians, 
artists, etc. 
● Professional use as communication between Investors, Projects, 
Freelancers, etc. 
● Business use for companies. 
● and much more.
We want to build the best collaboration and communication platform. 
Helping these people - 
● Friends and family looking for a quick end-of-text / voice / video chat and 
file sharing. 

● Teams want to work together on projects (prog) 
● Teams want to work together on projects (programmers, 
musicians, etc.) 
● Companies want to hire professionals from abroad and want to 
collaborate 
● People who want to organize webinar events 
● Meetings business 
● And many more (basically every person, let it be for personal or 
professional use in any industry).
3.2 Special functions 
Well, first, it's based on blockchain technology, and the second thing is that it will 
contain all the tools in one place. 
You need text / voice / video chat / file sharing, collaboration programming, 
chat equipment / file sharing, web seminars, etc. 
Live editor for programmers 
Market to find professionals, hire them, form a 
Marketplace team to find templates / prefabricated assets to start your project. 
NOTE - Many more applications will be made, for example, music maker and 
much more, we will continue making applications used in all industries.
More and more features will be added from time to time.
3.3 Problems 
We are not reinvesting the same platform in Blockchain technology, but 
also solving multiple problems
Some examples - 
● Find like-minded people for your projects 
● Form a team 
● Hire teams / professionals 
● Work online as a team with people abroad 
● Make the most of your time working online 
● Synchronization while working online 
● Need templates or assets 
● Communication: multiple platforms, but lacking one or another 
function for professionals 
● Collaboration: we need tools for our industry standards 
Many professionals and companies in the industry want to collaborate online, but 
need the right tools in 1 platform. Industries that will be helped by us -
Software development, digital art, digital music, traditional music as well and 
much more. 
And do not forget the webinar function that will expand to a great 
tool. Shows online physical products for a large audience, broadcasts, 
podcasts and much more. 
A Hub = Sample of content creators + Communication between people 
(users, content creators, organizations) + Tools for content creators + 
Market.
4 The Uchit 
CRASS Infotech Foundation , one of the leading video game publishers in South Asia, is 
working hard to make this platform. 
The Uchit chips (UCHT) are standardized by ERC20 and are used to boost the 
network movement Users can earn UCHT tokens by using the main features of the 
Uchit platform.
4.2 UCHT ICO Crowdsale Objectives 
The aim of the UCHT ICO crowdsale is to distribute UCHT tokens to the 
market. We seek to obtain the necessary funds to conduct the continuous 
development of the application, as well as to maintain the standard business 
functions. By contributing to the crowdsale, taxpayers are buying coins 
that can be used in our network and should not be doing so with an 
expectation of profit. The value of the currency can change at any time depending on the nature 
of the assessed market value and has no intrinsic value in addition to its use in the Uchit 
network and platform.
4.2.1 
Soft Cap Contribution Period - $ 5,000,000 
Amount to be raised: $ 50,000,000 / 60,000 ETH 
Exchange Rate - 4500 UCHT = 1 ETH 
10 
Uchit 
www.uchit.info 
ICO Period - May 1, 2018 to May 31, 2018 
Number of stages - 3 
Stage 1 - Expression of interest, 50% bonus 
Stage 2: Pre ICO, 20% bonus 
Stage 3: public sale, 5% bonus 
Total supply - 712,350,000 
4.2.2 Distribution - 
For the community - 65 % 
Reserve fund - 8% 
Founders and project team - 10% 
Advisory Board - 8% 
Project partners - 6% 
Promotion - 2%
Rewards Campaign - 1% 
11 
Uchit 
www.uchit.info
5 Summary 
We are making a communication and collaboration center based on 
blockchain technology 
Our basic plan: to make it very easy to find people, connect with them, 
form a team or hire people, work together. We will continue to make 
tools according to the needs of the community and the upcoming needs of the industry. 
(The tools will be made for different different industries, for example, live editor for 
programmers).
5.1 Future plans
  1. Yes, we will develop APIs to allow other platforms to integrate our 
    service and use Uchit in their platform as well. 
    For example - 
    Games can use our APIs and integrate into their games to have a Blockchain 
    Text-based technology / voice chat. 
    Any website can add Uchit chat / voice / video chat to your platform and 
    can give communication features to your community.
  2. Keep adding more and more features to include professionals from ALL 
    industries
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