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ICOs are making it possible for anyone to raise millions of dollars.

One of the best utilities of smart contracts have been the possibility of raising funds through a trustless agreement. A new blockchain wants to provide this infrastructure to the sharing markets. Presently, the leading shared market platforms are funded by large investment funds, private equities, or major corporations. Such services have a natural tendency to focus on the bottom line and thus sideline the best interest of the service users or the individuals who provide the specific services on their platform.

UChain can give the entire control of the shared markets to those who are actively involved in it. UChain gives developers the ability to launch ICOs on their platform and allows them to issue URC-1 token that are compliant with UChain's ecosystem. This allows the removal of institutional investors who tend to fund centralized shared markets in order to press towards a goal to boost net earnings.

Power to the People

UChain empowers the mass market to have the ability to fund ICOs that are developing decentralized applications to support shared markets.

The applications on UChain resolve the uncertainty and burden faced by the people who provide services on the centralized systems. For example, Uber drivers are at a constant concern of a hike in fees charged by Uber. The time and money they invest in offering the service on Uber's platform remains at the mercy of Uber. The fact remains that Uber is primarily funded by a small number of investors who want to see a return on their investment. This creates a discrepancy between decisions that are best for market participants and those that are actually made in an effort to appease investors.

With UChain, the market participants can themselves fund the projects that provide shared markets. The result is that the public that participates in the shared market services is the one in control of the funding of shared market services.

UChain provides an ecosystem for p2p interactions in shared markets for service users and service providers. It provides an equivalent opportunity to the entrepreneurs who want to provide shared market platforms; they can raise funds directly from their future users. Thus, the shared market is able to move in a direction where the userbase's interests are prioritized rather than sidelined. UChain is immersed in the spirit of the blockchain movement: an effort to decentralize power in order to the mass market in control.