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#Uptherium

How Uptherium Works

Tokenomics! This is important, always remember with any blockchain project, that strong Tokenomics is key for success. What is Tokenomics? It’s the active marketplace for buying and selling that’s created with a practical reason for daily utilization, that’s sustainable. Let’s face it, you’ve seen blockchain projects fail because there was no real use case, reason for the project, or revenue growing service model. Uptherium wins because we have great tokenomics that cultivates our marketplace.

Built on our own blockchain, UPZ is designed for speed and affordability. Because fast, low-cost transactions shouldn’t be a privilege. We should note here, that every app in the Uptherium ecosystem uses the UPZ token. To keep our economy stable UPZ is burned– rendered unusable– at a rate of 0.5% UPZ per transaction.

Plus, with Uptherium you can earn UPZ by using the Uptherium network for the day to day activities and transactions you do already. Every year, we give back a percentage of revenue we earn from app transactions, we distribute it in UPZ to our community members, this is through, our “Raid the Reserve” initiative.

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