Price Data
Analysis
Trade
Market Cap
All-Time High
All-Time Low
Fully Diluted Valuation
Circulating Supply
Total Supply
Max Supply
Categories
Atlas USV: A Universal Store of Value with an Altruistic Twist
Atlas USV (Universal Store of Value) is a decentralized finance (DeFi) protocol that aims to create a more logical, fair, and energy-efficient alternative to Bitcoin. Unlike most cryptocurrencies, USV is backed by the Atlas treasury, giving it an intrinsic rising value known as "the book value." The Atlas team has implemented unique tokenomics and strategies to ensure a fair and equitable distribution of tokens, as well as incorporating a philanthropic element through its Reciprocal Altruism Charity Lockbox (RACL).
Unique Tokenomics and Strategies
Atlas USV has adopted the Nash Equilibrium Token Defense (NETD) strategy, named after the mathematician John Nash, who won the 1994 Nobel Prize for his work on the Nash Equilibrium in non-cooperative games. This strategy aims to find optimal, stable solutions in non-cooperative games and is deeply integrated into the Atlas USV infrastructure.
The NETD approach has led to a unique initial token distribution, with 65% of the initial token supply being completely and permanently locked within the protocol and never sold or distributed to anyone outside the protocol. This strategy aims to increase the likelihood of a successful launch and serve as a model for future protocols to emulate.
Reciprocal Altruism Charity Lockbox (RACL)
Central to Atlas USV's ethos of equality and fairness is the incorporation of a charitable donation element through its RACL. This lockbox is based on the scientific concept of "reciprocal altruism," which posits that altruism and charity evolved because they are beneficial and adaptive, even if extended to non-kin.
RACL mechanics function as follows:
- Allocation: 100,000 USVs (10% of the initial supply)
- This original allocation is permanently locked in the RACL wallet and never sold.
- RACL stakes the original allocation in the staking contract and collects rewards.
- Only 1-10% of the rewards can be harvested per period and donated to 501c3 charities or deployed into positive impact projects.
- The rest of the rewards are left in the RACL wallet, staked, and compounded to increase the charitable amount in the next period.
The goal of RACL is to become the largest decentralized global benefactor without creating selling pressure while increasing value and backing for all USV token holders.
Team Background
Experienced Founders And Team Members
The Atlas USV team is comprised of a diverse group of DeFi enthusiasts who have been working relentlessly to create an accessible and decentralized DeFi base layer. The founding members, Alex Mehr and Tai Lopez, bring their expertise and commitment to humanitarian goals and charitable initiatives. They aim to create a more logical and fair financial system by incorporating contributions to charities and developing a DeFi protocol that benefits the less fortunate.
Current and Upcoming Project Development
Focused on Altruism and Charity
One of the key distinguishing factors of Atlas USV is its strong focus on philanthropy and altruism. The project's Reciprocal Altruism Charity Lockbox (RACL) mechanism aims to not only generate additional value for token holders but also provide significant contributions to impactful charitable and social causes. The team has already donated over $50,000 to Heifer International, a charity focused on providing living essentials for those in need.
Future Extensions and Collaborations
The Atlas team envisions a DeFi ecosystem built upon Atlas USV as its foundation. They look forward to working closely with members of the community and partners to expand the potential of the project and build innovative solutions on top of the Atlas base layer. The team also aims to support and collaborate with other crypto and DeFi impact projects, focusing on creating a positive and lasting impact on the world through their initiatives.
Community-Driven Growth and Involvement
A key feature of Atlas USV is its community-driven approach. The team actively involves its community in their decisions, project developments, and altruistic initiatives. Encouraging USV holders to contribute to Atlas USV's selected charities fosters a sense of shared purpose and a strong community spirit. By working together, the Atlas USV community can bring about real, positive change in the world of decentralized finance.
In summary, Atlas USV is a unique DeFi protocol that aims to create a more logical, fair, and energy-efficient alternative to Bitcoin while incorporating a strong philanthropic element. With its innovative tokenomics, strategies, and commitment to altruism, Atlas USV has the potential to become a leading force in the future of decentralized finance.
Atlas USV Price Analysis
As of December 14 2024 Atlas USV has a marketcap of $214K. This is {{percentagefromath}} from its all time high of $1.13847K. In terms of its tokenomics, there's a total supply of 284K with 37% currently outstanding. Keep in mind Atlas USV has a fully diluted value of $576K which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
USV Markets
Exchange | Pair | 24h volume |
---|---|---|
No data |