Unidef is a global network of member organizations founded in 2022 with a mission to accelerate the world's transition to a decentralized future that empowers all to take full control of their finances, data, and identity.
Through an interconnected network of organizations – Unidef Decemount, Unidef Way, and Unidef iLabs –, Unidef aims to enable the world to take control over its finances, data, and identity, paving the way for a decentralized future.
Unidef was founded with the ambition of accelerating the world's transition to a decentralized future. U is not just for Unidef — it symbolizes Universal Adoption.
## What is U or $U?
Unidef (also known by its ticker symbol, U or $U) is a utility token that is used for accessing the entire Unidef interconnected global networks, including Decemount, Unidef Way, and Unidef iLabs, as well as any projects invested under the Unidef umbrella.
Additionally, U serves as the governance token within the Decemount’s DAO. As the Unidef ecosystem expands, U’s impact on the new economy and Web3 will become more prominent.
Unidef Coin (U) is the embodiment of the brand's vision. As a utility token, U is the key to unlocking the interconnected global networks of Unidef, and any projects invested under the Unidef umbrella.
Unidef Coin (U) launched on July 20, 2022, with a fixed lifetime supply of 999 billion U tokens created on the BNB chain with no minting capability. Therefore, the total supply will never increase but will decrease over time through different burning mechanisms. Token distribution currently consists of the following: 14% goes to an Initial Ecosystem development fund, 3.4% to an emergency fund, 33% to the main Ecosystem Development Fund, 20% to Unidef, 9.6% to launch contributors, and the remaining 20% will be burned.
## What is Unidef Decemount?
Decemount is a network of DAOs working together to empower the next generation of organizations with $U-governed initiatives. It is a global community made up of a band of creators, builders, communities, organizations, and ecosystems united by a mutually beneficial pact to bring the world to a decentralized future and beyond.
Decemount aspires to support teams who are building next-generation technology that a decentralized future will rely upon.
## What is Unidef iLabs?
Unidef iLabs is the investment and incubation arm of Unidef, which identifies, supports, and empowers innovative entrepreneurs, startups, enterprises, and communities through investments, incubation, and various initiatives.
The organization focuses on projects that support the transition towards a decentralized future, such as those involving decentralized technologies, decentralized finance (DeFi), Web3, NFT, Metaverse, $U, AI, and other cutting-edge decentralized solutions.
## What is Unidef Way?
Unidef Way is a global network of local and global nonprofit fundraising and charity affiliates working together to fight poverty, disease, and inequity around the world. It leverages decentralized technologies, protocols, assets, and entities to amplify the impact of efforts and tackle society’s most pressing issues head-on.
It is a part of Unidef's interconnected network of organizations that work to accelerate the world's transition to a decentralized future.
## Where can I buy U?
$U or U is the ticker symbol for Unidef, which serves as the native digital currency of the interconnected network of organizations with the same name - Unidef. You can buy $U from exchanges or wallets directly. (Description provided by
CryptoCompare.)
