Uchit — Review of ICO

Uchit is a decentralized platform that is created for direct P2P connection without any intermediaries and with complete safety and security of all transmitted data.

About the Platform:

The platform was conceived as early as 2016, as the pressure of states and various services increasingly influence the work of even the most famous social networks, like Facebook, and make it possible to open full access to all user information. On Uchit platform, everything will be completely different. Thanks to decentralization, the society will be able to write text messages, send audio and video messages, share files, screenshots, make video conferences or webinars and know that all this information will be available only to those who will be accessed by its owner.

Uchit is created behind the initiative of CRASS Infotech, a technology company that has many subsidiaries in various fields. The creation of the platform is aimed not only at ordinary users but also for business. It will have all the facilities to facilitate cooperation and communication between different companies, to search for professionals in various fields and to jointly create excellent projects.

The platform is aimed at the following groups of individuals with their functional:

  • common communication for ordinary users of the platform;
  • professional communication for artists;
  • professional communication for investors, freelancers and managers;
  • for corporate use;
  • the ability to integrate platform functionality into various websites;

Thus, the project’s goal is to create a single ecosystem on the blockchain to improve the efficiency, transparency and reliability of running any business or project.

Tokens Platforms and their Sale:

Platform tokens will be used to perform various transactions on the platform (hiring, requests for files, etc.). The maximum release of tokens is 712.35 million. For 1 ether, you can purchase 4,500 tokens. Pre-sales last from May 1 to May 30, 2018. The main sales period will last from June 1 to June 30, 2018. Soft cap project is $ 5 million. Hard cap – 50 million dollars.


On account of the distribution of tokens, we can say the following: 65% is allocated to the community sales, 10% to the founders and the project team, 8% to the reserve, 8% to the advisors, 6% to the project partners, 2% to the promotion and 1% to the bounty campaign.

On account of the distribution of collected funds, we can say the following: 53% is allocated for the development of the project, 29% for branding and marketing, 12% for IT infrastructure, 4% for legal and financial costs, and 2% for others.


At the expense of the project development plan, we can say the following: in December 2016 the idea of ​​creating a platform appeared. In April 2017, market research and analysis of other similar platforms, which lasted until October. In April 2018, fundraising or ICO began. In November 2018, the Alpha version of the platform will be launched. In February 2019 – pre-beta version of the platform. In July 2019 – beta version of the platform. In December 2019 the platform will be developed to the end and the main version of the platform is launched and in January 2020 it will be tested. In April 2020 – platform marketing and in May 2020 – the final launch of the platform.

In conclusion, I want to say that the security of the transmitted data is now a rather important issue. Especially in the communications of various companies, as well as developers for whom the release of the project and its patenting can play a very important role. Therefore, the platform will satisfy the demand for security and will surely attract a lot of users. For a more detailed introduction to Uchit, I advise you to read Whitepaper. Good luck!





Related Posts

You may like these post too

Safein  — Review of ICO

BitGuild — Review of ICO

Leave a Reply

it's easy to post a comment