Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
Universal Store of Value news
About Universal Store of Value
Universal Store of Value (USV) is a logical, fair, and energy-efficient alternative to Bitcoin:
Bitcoin pays miners in newly-minted inflationary coins but doesn’t reward its "hodlers". USV, in contrast, rewards its hodlers (stakers).
USV’s multi-chain protocol, available on many networks, stands in stark contrast to Bitcoin’s Proof-of-Work, energy-inefficient blockchain. The users can choose to hold USV on an energy-efficient eco-friendly blockchain such as Avalanche or Polygon.
Even after 13 years of existence, the top 10,000 holders in Bitcoin still control about 1/3 of the cryptocurrency in circulation, according to a study by the National Bureau of Economic Research. 3 of USV’s largest initial wallets, however, are Protocol lockboxes that aren't owned by anyone (PODL, RACL, KFML wallets constitute 65% of the initial supply). These large initial holdings belong to no one and the principals are permanently locked. Furthermore, PODL (50% of initial supply) is never staked and therefore, gets diluted over time, allowing for new comers to gain market share.
USV’s approach starkly contrasts other VC-funded protocols in which inequity rules: a small number of large investors own the vast majority of the initial supply. (Read the next few sections for details of NETD strategy.)
Central to USV’s ethos of equality is the charitable donation built into the protocol through its Reciprocal Altruism Charity Lockbox (RACL). We hope all protocols adopt the same win-win philanthropic ideology as USV to improve the world we live in.
The live Universal Store of Value price today is $1.83 USD with a 24-hour trading volume of $4.43 USD. We update our USV to USD price in real-time. Universal Store of Value is down 1.78% in the last 24 hours. The current CoinMarketCap ranking is #7652, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000 USV coins.