UTG officially launched on Hotcoin Global Exchange

UltronGlow
2 min readJan 23, 2022

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On January 23, at 3:00 pm, UTG was officially launched on the Hotcoin Global Exchange and opened for deposit and withdrawal. UGT will officially start trading on January 28. In addition, to celebrate the successful launch of UGT, Hotcoin Exchange held a candy airdrop event worth 100UTG.

About UTG

The governance token on the UltronGlow blockchain is called (Ultron), the code is UTG, and it can be traded in many cryptocurrency markets. It is also the medium used on UltronGlow to pay transaction fees, distributed shard storage, and edge computing services. The total circulation of UTG is 105 million, which is allocated as 5% of the foundation ecological development plan, 5% of the creation team incentive, 20% of the global community incentive, 5% of the PoS proof of equity incentive, 15% of the PoSR storage resource proof incentive, and 50% of the PoTS valid Storage Service Proof of Incentive. Through the use of various services by users, UTG will be minted and destroyed, and only 21 million UTG will be left to stop burning. In this way, the circulation of UTG will not cause inflation and depreciation over time, but will allow UTG to form a perfect closed loop through output, consumption, and ultimately deflation and appreciation.

Hotcoin Global Exchange download address: https://m.hotrebi.com/app/downLoad

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UltronGlow
UltronGlow

Written by UltronGlow

UltronGlow is a public blockchain with a GLOW consensus mechanism and a huge number of edge server node devices, storage and edge computing capabilities.

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