Vision, 2023

United Blockchain 

Dollar Network
Simplified financial instruments
create equal opportunities

Equal opportunities create

social stability

Social stability leads to prosperity

Contents
Glossary ................................................................................................... 3

Abstract ................................................................................................... 4

The main goal

Our challenge .......................................................................................... 7

Trust comparisons .................................................................................. 8

Opportunities for technology adoption ............................................... 12

Trust System .......................................................................................... 13

How does it all work? ............................................................................. 17

Rewards distributed at the end of the Epoch...................................... 21

How to become a Keeper after the Network is launched? ............... 23

UBD Staking .......................................................................................... 24

How to store UBD & UBDN .................................................................. 29

Attractor & Real Proof-of-Reserves .................................................... 31

Summary ................................................................................................ 34

Our Roadmap ........................................................................................ 36

Notice and Disclaimer .......................................................................... 37

Glossary
UBD — aka United Blockchain Dollar, an algorithmic stablecoin pegged
to the US dollar and also backed by BTC, ETH & stablecoins USDT and
DAI, that form the Attractor Reserve.

UBDN — utility token, which allows its owners to support the

ecosystem, become Keepers and participate in Epochs to receive
monthly rewards in UBD.

Keeper — UBDN holder of the required amount to participate in Epochs,

and also the one who maintains the UBD Network infrastructure.

Epoch — a consecutive 30-day period in which UBDN holders, also

known as Keepers, participate to generate rewards.

Round — a consecutive period that lasts while the market is absorbing 


1 000 000 UBDN.

Era — a period that includes a certain number of rounds before the

Halving occurs.

Halving — special process of reducing the required amount of UBDN for

Keepers to participate in Epochs.

Attractor – an independent ecosystem that cannot be changed or

reconfigured. Consists of three independently functioning elements:
Sandbox 1, Treasury and Sandbox 2, which are on public display 24/7.
Abstract

You've heard of tools that help people manage

their long-term wealth accumulation plans.

Trusts — are one of those instruments!

And most likely you are confident that the use of such mechanisms

is extremely burdensome because it will require a lot of time and

money, and is available only to those few who can still understand

the huge arrays of complex professional information.

Therefore, the conclusion you make is extremely simple - all this

is not for you, because you need to quickly make a large number

of critical decisions that leave neither free time nor energy.

As a result, you direct a huge amount of resources to acquire funds,

and often simply postpone the solution of safe placement,

preservation, and passive multiplication.

The banking industry claims to be able to help solve this problem

and offers many related offline products.

But if you want to become their client, then you need a lot of funds
and time to go through a series of long-term procedures, and you
must also be prepared to risk all your transferred funds and
confidentiality.

Not mentioning the fact that it is often enough for banking

companies to simply determine the level of your well-being and -
if in their opinion it turns out to be insufficient - make a negative
decision about you, without opening the door to the world of highly
effective financial instruments.

United Blockchain Dollar Network (UBD Network) with its general

goal of creating a convenient tool for asset management without
restrictions for users, offers ease of use, security, and privacy for
both you and your purposes through the digitization of trust
products without restrictions of intermediaries.
The main goal of

UBD Network

Trust – one of the basic institutions for asset management,

intended to preserve and multiply funds.

Trusts are based on the legal norms of English law where the

fundamental feature of the trust is the transfer of the owner's assets

to the trust for management. The owner formally loses ownership

and transfers it to a trust, but remains the beneficiary of the assets. 

Trusts are used primarily by wealthy people. With the help of trusts,

they effectively manage assets, including passing them on by

inheritance to heirs avoiding taxes. So-called tax-free inheritance is

one of the main reasons to use trusts. 

An important feature of this market is that it is not public and there

is no open data about it. Experts estimate the total amount of assets

managed by trusts at trillions of dollars.

We understand that in such a large market, there are no convenient

tools for accumulating, managing, and transferring funds to heirs,

and in this, we see the need to introduce technology.

That is why we provide an opportunity to create trusts for those

who know and understand what blockchain is and also want to

grow with it, including those with horizons of a couple of decades.

Our Challenge

We crave to build decentralized trusts for asset management

since today's trusts exist with some limitations and
complexities.

We are keen to upgrade this financial instrument, using

blockchain technology, and allow its users not to be
attached to any jurisdiction!

The UBD Network's keystone is to provide users with

transparent asset management tools, since as we have
already mentioned above, UBD Network is about the storage,
multiplication, and inheritance of digital assets due to
technological solutions for the creation of decentralized
Trusts. 

But before starting a conversation regarding Trusts, we would

love to provide you with some comparisons.
List of things

you face 


while creating

your trust UBD Network trust

Transparent rules for

capital multiplyin

Constructor for creating

a trust scenari

Classic trust Up to 15 minutes to create

your trust without checks

Proof of origin of capita and verification

Investment background chec Create trust without time

limitation
The process takes 2 to 6

months

Asset accumulation and receipt

according to the conditions

Complex trust structure
created by the use

Lots of condition

The cost of creating

The need to select a protecto trust is 500 UBD

Selecting specific functionalit

Complex complianc

At least $50,000 as a starting

fee


Things you face

altering your

trust conditions

UBD Network trust

The cost of altering trust

conditions is 500 UB

Up to 15 minutes to alter your

trust conditions without checks

and verifications
Classic trust

Commission for conditions

editing equals $25,00

2 to 6 months to alter your

trust condition

Passing inspections and

providing confirmations

regarding your current

statu

Verification of the origin

of funds you have initially

deposited to your trust

Comparison of
trust creation
and maintenance
costs

UBD Network trust

Trust creation fees 500
UBD (equals $500

Maintenance monthly fee

Classic trust of 20 UBD (equals $20)
Creation of trust (assets
structuring + receipt of
rewards from various
sources) equals $50,00

Altering terms of trust starts

from $25,000 or a new trust
creatio

Maintenance fee (yearly) -

from $6,00

High success fees of up to

20% of gained capital are
fees of the management
company
Risks every
Trust creator
is facing

UBD Network trust

Loss of seed phrase and
awaiting for transfer period
Classic trust
Public disclosure of private
informatio
Government recognition of the
founder of the trust as its sole
beneficiary cancels all the
benefits of trust creatio
Deprivation of all funds after
tax audit
Denial of inheritanc
Providing false information to
heirs and/or the owner of
fund
Protection of the interests of
beneficiaries is provided only
by the government cour
Human / Political and other
risk factors
 Due to all the above information, we see our goal in creating a
completely new type of trust as a confidential and transparent
tool for digital asset management

Current opportunities for

technology adoption
– The existing structure of creating and managing trusts is
outdated and it needs to update the technological
infrastructure;

– Prices for trust creation and operation are so high that not
everyone can afford them;

– The jurisdictions in which trusts are created, tighten the

regulation of trusts, which creates problems for their
beneficiaries.

United Blockchain Dollar Network brings new opportunities

to the market by creating an innovative digital blockchain
infrastructure for asset management.
Token

The UBDN token serves various purposes:

Payments. In this group of interactions, the coin serves as a medium

of exchange: transferring value from one stakeholder to another, in

proportion to the mutually agreed upon valuation of their exchange.

Payments may include fees for creating the trust, changing the terms

of the trust, and fees for commissions.

The UBD Network
Trust System
– is a system of interacting smart contracts that allows users to create
digital trusts to manage funds with completely different scenarios that
users choose.

Why do we need Trusts

on UBD Network?
To ensure monthly profitability! The assets that are in the created
trusts can be placed on intra-trust staking, which brings monthly
returns so the trust creators do not lose time and rewards.

To protect ourselves from losing access to own funds! If the user is

worried that keys to access own funds can be forgotten or lost, he may
simply set up a Trust with special conditions that will prevent any
dismay regarding his funds.
To protect our heirs from irresponsible spending! If you are concerned
that your heirs won’t manage your assets responsibly, then you may
simply set up conditions for your trust, according to which your heirs
won’t have access to your funds but only get payouts according to your
conditions.

To anticipate family conflict between heirs! If you are concerned about

family infighting over the distribution of assets, you can make
provisions in your Trust contract to avoid such conflicts.

To have no worries that you can’t bring changes to your Trust

conditions! Users can alter existing Trust as many times as they want
or create a new Trust contract.

To have no worries about deprivation or political, and judicial risks! 


UBD Network is a smart contract that has no jurisdiction. Users are not
threatened by information disclosure, inheritance denial, or any other
human and political factors. But since the territory in which you as a user
reside or are a citizen of a country may set rules for the usage of digital
products, you further agree to comply with any applicable laws and
regulations when using UBD Network. This includes any local, provincial,
state, federal, national, or international laws that may apply to you.
To help the organizations you support! If you share the values of any

organizations you follow, you can create a charitable Trust with or

without rewards, so the funds will be sent monthly or quarterly, or in

any other period that you determine yourself, to selected organizations.

This feature is also available when creating a Trust, namely, in the Trust

Contract Builder, where you can determine what percentage of your

staking or deposit payments you want to send to such organizations on

a recurring basis.

These are just some of the ways you can use UBD Network!

UBD Network Web does not transfer any personal or impersonal data

to anyone nor local, state, federal, and/or international authorities

because UBD Network does not track users or their usage! 

UBD Network is a protocol that acts according to the scenario and

conditions users set up.

UBD Network Trust System

We need you to understand that earning money is an important and

integral element of human life, but ensuring the safety of funds is an

equally important component.

UBD Network was created not just to provide rewards, but also to

ensure the safety of funds through the Trust System, which is managed

by smart contracts on absolutely transparent rules without any

intermediaries.

The United Blockchain Dollar, as the main element of the system, that

provides its owner with access to the UBD Network Trust system!
How does the

UBD Network work?

UBD Network is a United Blockchain Dollar Network smart
contract system featuring support for trust contracts
("TrustCon") that can act as a UBD Network operating system
("UBDNetOS") user environment as it supports an end-to-end
decentralization (E2ED) framework.

In order to ensure the functioning of the ecosystem and

interaction with it, the United Blockchain Dollar or UBD was
created - an algorithmic stablecoin that is pegged to the
US Dollar and is also backed by BTC, ETH, and other
stablecoins such as USDT and DAI, which are stored in
the UBD Network Attractor.

The second fundamental element of the system

is the UBDN token, which allows its owners to
support the ecosystem and guarantees monthly
rewards in UBD.
One of the stages in the development of the UBD Network

ecosystem is the creation of its infrastructure, namely the UBD

Network blockchain, based on the Proof of Stake (PoS) consensus

for the whole system to work.

Anyone can become a Keeper and receive UBD for their

contribution to the support and security of the UBD Network.

At the early development stage, UBD Network will be based on the

Ethereum ecosystem, and the Keepers will receive rewards without the

need to provide their own computing power and process transactions

on their infrastructure.

To receive monthly payments, both before and after the launch of UBD

Network’s blockchain, the Keepers must participate in the Epochs.

Epoch is a consecutive 30-day period in which UBDN holders, also

known as Keepers participate to generate rewards.

Thus, Keepers need to keep their UBDNs in their wallet during the current

Epoch and not move them during the entire Epoch period, namely 30

(thirty) days, to receive payments for the current Epoch.

The minimum amount of UBDN to participate in Epoch is to be altered by

Halving and starts with 1024 UBDN.

It is crucial to store at least 1024 UBDNs in the wallet and not move
them from the start until the end of the Epoch!

The amount of UBDN the Keeper needs to participate in an Epoch is

getting halved every time Halving occurs.

Round – is a consecutive period that lasts while the market is absorbing

1 000 000 UBDN. The number of rounds is limited by demand. Every
new Round UBDN is increasing in price by 1 USD.

Halving – special process of reducing the required amount of UBDN for

Keepers to participate in Epochs. UBDN Halving will occur only on 2,
4th, 8th, 16th, 32th, 64th, 128th, 256th, 512th and 1024th Rounds.

Era – is a period that includes a certain number of rounds before the

Halving occurs.

Era lasts until every Halving because after each Halving UBD Network
faces a new Era of which there are only 11.
UBDN amount to participate in Epochs is reduced only upon reaching
the represented Eras and Rounds

Era Round UBDNs to participate

in Epochs

1 1 1024

2 2–3 512

3 4–7 256

4 8 – 15 128

5 16 – 31 64

6 32 – 63 32

7 64 – 127 16

8 128 – 255 8

9 256 – 511 4

10 512 – 1023 2

11 1024 + 1
How is the rewards distributed
at the end of Epoch?
Calculation Formula

UBD Network profit during the Epoch 2

the amount of UBDNs that have participated in the current Epoch

The minimum balance of UBDN on the wallet required to participate

in the starting Epoch is 1024 UBDN.

Example

UBD Network has generated 100,000 UBD profit during the Epoch.
50,000 UBD goes to Keepers. There are 50 UBDN token holders, and
only 30 of them have participated in the current epoch. 

So 50,000 UBD is to be distributed among these wallets. In total,

there are 3.546.550 tokens in 30 wallets. 50000 / 3546550 =
0.01409821 for each token. If there are 25791 tokens on the wallet,
the Keeper receives $363.606886 for the Epoch that has passed.
How to become a Keeper

after the network is

launched?

The Trust system requires daily maintenance, so since the transition

of the UBD Network to its own network, the Keepers who are willing

to participate in Epochs beside keeping a certain amount of UBDN

on wallets, would also need high-performance equipment in a

highly-available network.

The open-source software will be available to anyone who wants to

become a Keeper and contribute to the security of UBD Network.

50% of the cost of Trust maintenance and transaction fees will be

distributed among the group of Keepers who ensured the smooth

operation of the equipment for 99.9% of the time of the Epoch.

Those Keepers who have ensured the uninterrupted operation of

the equipment for less than 99% of the time during the Epoch are

not getting rewarded.

If the Keeper ensured the uninterrupted operation of his equipment

throughout the entire period of the Epoch but has moved his UBDN,

then his rewards get canceled as a penalty. Keepers verify user

transactions and if all Keepers reach a consensus that the

transaction is valid, then it is getting included in the UBD Network

blockchain.

All technical requirements will be announced before the launch of

the UBD Network blockchain.

UBD Network
ecosystem has staking!
You already know that the United Blockchain Dollar (UBD) is an
algorithmic stablecoin pegged to the US dollar, and is also backed
by BTC, ETH, and stablecoins, namely USDT and DAI, which are
stored in the Attractor.

It should be noted that UBD is the world’s first decentralized

stablecoin with its own staking.

It is quite difficult to understand where different organizations get

funds from to pay rewards to users, and given last year's crises
caused by the human factors involved in the management of such
companies, it is getting clear that all these risks are too high to
continue entrusting the management of funds to these types of
platforms.

That is why the United Blockchain Dollar offers transparent staking

conditions, which are controlled by a fixed blockchain algorithm
that cannot be changed because the staking system is not
controlled by any person who depends on mood, weather,
someone, or something, but decentralized algorithm.

Creating your stake is as easy as getting monthly payouts from the

automatic reward system, also UBD is available to anyone without
restrictions.
The United Blockchain Dollar does not require any minimum amount
to create your stake, you can start with as little as 1 UBD, it also does
not require any lock-up periods, which simply means that users
won't have to worry about whether they will be able to withdraw
their funds ahead of time without penalty.

The user simply keeps UBD at stake and the longer they are kept
there, the higher the interest rate and the yield.

The interest rate is always tied to the period the user holds funds at
the stake and the amount that he deposited.

So make sure you accumulate not only UBD but also the holding time
of your funds to increase your APY.

You have the right to unstake your UBDs at any time and receive the
earned funds, but in this case, you lose the time that was supporting
your interest rate and the rate itself.

Another thing that makes our users happy is the compound interest,
which simply helps to multiply funds, and this is without taking into
account the fact that staking with UBD can bring up to 10.5% APY.

UBD Staking Reward System

30 91 182 1 2 3
days days days year years years

0 - 999 5,00% 5,25% 5,50% 5,75% 6,00% 6,25%

1,000 - 9,999 5,25% 5,50% 5,75% 6,00% 6,25% 6,50%
10,000 – 49,999 5,50% 5,75% 6,00% 6,25% 6,50% 6,75%
50,000 – 99,999 5,75% 6,00% 6,25% 6,50% 6,75% 7,00%
100,000 - 6,00% 6,25% 6,50% 6,75% 7,00% 7,25%
249,999
250,000 - 6,25% 6,50% 6,75% 7,00% 7,25% 7,50%
499,999

500,000 - 6,50% 6,75% 7,00% 7,25% 7,50% 7,75%

999,999
1,000,000 -
6,75% 7,00% 7,25% 7,50% 7,75% 8,00%
2,499,999
2,500,000 – 7,00% 7,25% 7,50% 7,75% 8,00% 8,25%
4,999,999

5,000,000 –
7,25% 7,50% 7,75% 8,00% 8,25% 8,50%
9,999,999
10,000,000 -
7,50% 7,75% 8,00% 8,25% 8,50% 8,75%
49,999,999
50,000,000 -
7,75% 8,00% 8,25% 8,50% 8,75% 9,00%
99,999,999
100,000,000
8,00% 8,25% 8,50% 8,75% 9,00% 9,25%
and more
UBD Staking Reward System

5 7 10 20 30
years years years years years

0 - 999 6,50% 6,75% 7,00% 7,25% 7,50%

1,000 - 9,999 6,75% 7,00% 7,25% 7,50% 7,75%
10,000 – 49,999 7,00% 7,25% 7,50% 7,75% 8,00%
50,000 – 99,999 7,25% 7,50% 7,75% 8,00% 8,25%
100,000 - 7,50% 7,75% 8,00% 8,25% 8,50%
249,999
250,000 - 7,75% 8,00% 8,25% 8,50% 8,75%
499,999
500,000 -
8,00% 8,25% 8,50% 8,75% 9,00%
999,999
1,000,000 -
8,25% 8,50% 8,75% 9,00% 9,25%
2,499,999
2,500,000 – 8,50% 8,75% 9,00% 9,25% 9,50%
4,999,999
5,000,000 – 8,75% 9,00% 9,25% 9,50% 9,75%
9,999,999
10,000,000 - 9,00% 9,25% 9,50% 9,75% 10,00%
49,999,999
50,000,000 -
9,25% 9,50% 9,75% 10,00% 10,25%
99,999,999
100,000,000
9,50% 9,75% 10,00% 10,25% 10,50%
and more
For example

Peter stakes 10, 000 UBD and does not touch it for a year. In a

year he gets the 6,25% rate. Peter wants to increase his staking

rate, in this case, he adds 90, 000 UBD and gets a 6,75% rate for

his stake. He was not touching his funds for four more years, this

helped him to receive a 7,5% rate on his funds. 

After 5 years of staking his funds, he decides to withdraw some

funds or all of them. In this case, he takes the amount he needs

without any losses, profit only. The only thing he lost is the time

period that was responsible for his percentage rate. The next time

he needs to start his stake from the bottom.

Before staking, it is important to learn all the staking conditions

and rules!
How to store UBD and UBDN?

Bugs in smart contracts, security vulnerabilities, various kinds of

defects, and shortcomings in solutions that offer profitability for owners

of crypto assets have been easy prey during the last couple of years

for computer geniuses who do not want to play by the rules.

By the end of 2022, about $3 billion had been stolen by hackers.

Malicious attacks remain a big blockchain problem that spills over

from year to year, the only thing that changes is the direction the

hackers take. 

As the analytical data shows, until 2020, centralized exchanges were

the main target of hackers.

However, over time, hackers switched to DeFi, as a result, in 2022,
almost all attacks were directed at decentralized finance, where, for
example, they illegally received $ 1.92 billion from cross-chain bridge
hacks, which is 64% of all stolen funds of that year.

That is why UBD Network sees high risks in transferring digital assets to
third-party services, even generally recognized ones, that guarantee
profitability, and also encourage you to keep your funds only with
yourself, no matter how sweet the offers of profitability are after you
move your funds from your wallet.

We understand that Bitcoin or any other asset that you have won’t give
you rewards sitting idle in your wallet, it can only grow in price, and at
the same time, while the market is full of offers that crave your assets to
make money themselves and earn some for you, however, majority of us
do not often realize that behind the rewards opportunity in such offers is
the risk of losing funds, even if the offer comes from serious companies.

Therefore, for our users we have implemented one of the main UBD
Network rules - Hold and Gain, according to which the user should
always keep his assets in the wallet and never transfer them to anyone,
and our special UBD Network Algorithm monitors whether the funds
have been moving or not. 

This simplifies usability for users and significantly increases the level of
security of funds, reducing the risk of possible attacks many times over.
Attractor & Real

Proof-of -Reserves Model

After the market experienced several strong blows, one of the
ideas that the crypto community has raised was the Proof-of-
Reserves concept.

The proof-of-reserves concept was introduced to assure users

that a particular custodian is holding clients' funds in full.

What is really interesting is that centralized organizations were

the first who started to talk about the Proof-of-Reserves
concept as a unique solution that solves all problems and
prevents future crises, although at the same time, the same
centralized companies indicate the funds they issue themselves,
wrap, and manage – as their reserve instruments, and this is not
even mentioning the fact that human factors are involved into
the management of this concept at their companies.

Everyone is well aware of the level of problems that this kind of

situation can lead to, and until new cracks showed up on the
market face, UBD Network offers the real tool that eliminates not
only the human factor but also the concept of “fake reserves”.

The Attractor of UBD Network is unique & independent of any

external factors ecosystem that cannot be changed or reconfigured,
and also includes three independently functioning elements: the
Sandbox 1, the Treasury, and the Sandbox 2.
Sandbox 1 is
responsible for
UBD issuance after
accepting the same amount
of USD

Granting 1% of its funds

(USDT) for a daily purchase
of ETH & BT

Delivering daily purchases to Treasury is

the Treasur
responsible for
UBD/USDT interchang
Accepting and keeping the
Burning UBD after USDT amount of ETH & BTC in a
withdrawal 50/50 equivalen

Granting 1/3 of its funds to

purchase DAI, once Backing
Reserve and the amount of
issued UBD reaches the
Sandbox 2 is ratio of 3:
responsible for
Delivering the purchased DAI
Accepting and keeping DA to the Sandbox

Granting 1% of its funds for Selling ETH & BTC to refill

a daily purchase of ETH & Sandbox 1 in case there are
BTC, once Backing Reserve not enough funds to provide
and the amount of issued UBD to USDT exchange
UBD reaches the ratio of
0,5:

Delivering daily purchases

to the Treasur

Stops granting 1% of its

funds for a daily purchase of
ETH & BTC, once Backing
Reserve and the amount of
issued UBD reaches the
ratio of 1:1
 Eventually, the amount of funds in the Sandbox 1 and the Treasury
tend to be equal to or exceed the amount of issued UBD, while
Sandbox 2 serves as a stabilization fund, which enters into work only
when it is necessary to align the ratio.

Such system makes it possible to implement the real proof-of-

reserves mechanism since its goal is to have the real backing for
UBD and tend to 1:1 pegging, which the community truly deserves
since the main feature of the UBD Network Attractor is its
transparency for everyone so users see live changes that are
happening both in the blockchain and in the chart 24/7 without any
limitations.

Acceptance of erc20
USDT & issuing of UBD
1%
Daily allocation to purchase ETH
& WBTC in the amount of 1% of
Sandbox 1 (erc20 USDT only)
the Sandbox 1
Withdrawal of erc20 USDT in
exchange for UBD & burning
Granting stars when Backing Reserve = 0.5:1

1%
Granting stops when Backing Reserve = 1:1

Daily allocation to purchase

Sandbox 2 (DAI only) ETC & WBTC in the amount
of 1$ of the Sandbox2

Allocation to purchase DAI the

amount of 1/3 of the Treasury ETH, WBTC

Treasury ETH & WBTC Purchase of ETH & WBTC

Summary

UBD Network is a multifunctioning system that covers all the needs of

today’s market through the elimination of all threats that have created
and keep on creating crises that shake the whole industry.

Why so? Because

— United Blockchain Dollar is an algorithmic stable coin that is

pegged to the United States Dollar, is backed with Bitcoin, Ethereum
& some stables;

— UBD Network offers clear and transparent staking conditions which

are available to any person without limitations, and does not require
any minimum amount to start or any lock-up periods, still giving up to
10,5% APY while everything is managed by fixed and transparent
algorithm;

— The Attractor is a unique ecosystem that is independent of any

external factors, it cannot be changed or reconfigured, and also
includes three independently functioning elements: the Sandbox 1, the
Treasury, and the Sandbox 2 which are transparent and available for
everyone so users see live changes that are happening both in the
blockchain and the chart 24/7 without any limitations;
— UBD Network uses the Proof of Stake (PoS) consensus model to
provide the operation of the system since it requires everyday
maintenance such as trusts & transactions validation and for this
rewarding UBD Network Validators with a fixed monthly rewards of 50%
of the UBD Network rewards that comes from Trust maintenance fees &
Transaction validation for the contribution to UBD Network security;

— UBD Network is created to provide security to users’ funds through

the Trust System – the system of interacting smart contracts that
allow users to create digital Trusts for managing their funds with
completely different scenarios they can create or alter as much as
they need by themselves on absolutely clear and transparent rules
without any middleman so their crypto is not getting lost.

We do understand that UBD Network is a multi-faceted system and it

has more than a dozen reasons for its usage to tackle such issues as:
human factors involvement, fake proof-of-reserves, lost funds, etc.

This is why we would love everyone to realize that since its first day,
UBD Network has stood for decentralization where all threats to digital
asset owners are excluded.
Our RoadMap

Milestone I October 2022 – June 2023

Project vision and roadma

Selection and confirmation of technological solutio

Website releas

UBDN token releas

Pre-seed investment round

Milestone II July 2023 – December 2023

Public audi

UBD stablecoin release (MVP

UBD staking release (MVP

Seed and Round A

Milestone III January 2024 – June 2024

UBDN node rewards releas

Trusts MVP releas

Live testnet - 5,000 user

IEO & Public exchange listings

Milestone IV July 2024 – December 2024

Live testnet - 20,000 user

Exchange DEX UBD release (MVP

Release of Product Candidates (UBDN, UBD, Staking, Attractor, Trusts,

Exchange DEX UBD)

Milestone V January 2025 – December 2025

UBDN, UBD, Staking, Attractor, Trusts and Exchange DEX UBD release to

production stag

Product delivery to the marke

Launch of the active marketing phase

Notice and Disclaimer

Please read the entirety of this “disclaimer” section carefully.

Nothing herein constitutes legal, financial, business, or tax advice and

you should consult your own legal, financial, tax, or other professional

advisors before engaging in any activity in connection herewith. 

Nor UBD Network, nor any service provider shall be liable for any kind

of direct or indirect damage or loss whatsoever that you may suffer in

connection with accessing this whitepaper, the website at

www.ubdn.com, or any other websites or materials published by UBD

Network.

Project purpose: All contributions will be applied towards advancing,

promoting the research, design, and development of, and advocacy

for community-driven innovation to benefit people around the world,

focusing on the UBD Network protocol. 

The UBD Network team and their respective affiliates would develop,

manage and operate the UBD Network Platform. 

Nature of the Whitepaper: The Whitepaper and the Website are

intended for general informational purposes only and do not

constitute a prospectus, an offer document, an offer of securities, a

solicitation for investment, or any offer to sell any product, item, or

asset (whether digital or otherwise). 

The information herein may not be exhaustive and does not imply any

elements of a contractual relationship.

There is no assurance as to the accuracy or completeness of such
information and no representation, warranty, or undertaking is or
purported to be provided as to the accuracy or completeness of such
information. 

Where the Whitepaper or the Website includes information that has

been obtained from third- party sources, the UBD Network and their
respective affiliates have not independently verified the accuracy or
completion of such information. 

Further, you acknowledge that circumstances may change and that

the Whitepaper or the Website may become outdated as a result; and
neither the UBD Network is under any obligation to update or correct
this document in connection therewith. 

Token Documentation: Nothing in the Whitepaper or the Website

constitutes an offer by the UBD Network team to sell any UBD
Network token (as defined herein) nor shall it or any part of it nor the
fact of its presentation form the basis of, or be relied upon in
connection with, any contract or investment decision. 

Nothing contained in the Whitepaper or the Website is or may be

relied upon as a promise, representation, or undertaking as to the
future performance of the UBD Network Platform. 

The information set out in the Whitepaper and the Website is for
community discussion only and is not legally binding. 

No person is bound to enter into any contract or binding legal

commitment about the acquisition of the UBD Network token, and no
virtual currency or another form of payment is to be accepted based
on the Whitepaper or the Website.
The agreement for sale and purchase of UBD Network token and/or
continued holding of UBD Network token shall be governed by a
separate set of Terms and Conditions or Token Purchase Agreement
(as the case may be) setting out the terms of such purchase and/or
continued holding of UBD Network token (the Terms and Conditions),
which shall be separately provided to you or made available on the
Website. 

The Terms and Conditions Documentation must be read together with

the Whitepaper. 

In the event of any inconsistencies between the Terms and

Conditions and the Whitepaper or the Website, the Terms and
Conditions shall prevail. 

Deemed Representations and Warranties: By accessing the

Whitepaper or the Website (or any part thereof), you shall be deemed
to represent and warrant to the UBD Network, and their respective
affiliates, as follows:
in any decision to purchase any UBD Network token, you have
shall not rely on any statement set out in the Whitepaper or the
Website
you will and shall at your own expense ensure compliance with all
laws, regulatory requirements, and restrictions applicable to you
(as the case may be);
you acknowledge, understand, and agree that UBD Network
tokens may have no value, there is no guarantee or representation
of value or liquidity for UBD Network token, and UBD Network
token is not an investment product including for any speculative
investment;
none of the UBD Network, their respective affiliates, shall be
responsible for or liable for the value of UBD Network tokens, the
transferability and/or liquidity of UBD Network tokens, and/or the
availability of any market for UBD Network tokens through third
parties or otherwise; and
 you acknowledge, understand, and agree that you are not eligible
to purchase any UBD Network tokens if you are a citizen, national,
resident (tax or otherwise), domiciliary, and/ or green card holder
of a geographic area or country where it is likely that the sale of
UBD Network tokens would be construed as the sale of a security
(howsoever named), financial service or investment product and/
or where participation in token sales is prohibited by applicable
law, decree, regulation, treaty, or administrative act; and to this
effect, you agree to provide all such identify verification document
when requested for the relevant checks to be carried out.

The UBD Network team does not purport to make and hereby
disclaims, all representations, warranties, or undertaking to any entity
or person (including without limitation warranties as to the accuracy,
completeness, timeliness, or reliability of the contents of the
Whitepaper or the Website, or any other materials published by the
UBD Network). To the maximum extent permitted by law, the UBD
Network, not be liable for any indirect, special, incidental,
consequential, or other losses of any kind, in tort, contract, or
otherwise (including, without limitation, any liability arising from
default or negligence on the part of any of them, or any loss of
revenue, rewards or profits, and loss of use or data) arising from the
use of the Whitepaper or the Website, or any other materials
published, or its contents (including without limitation any errors or
omissions) or otherwise arising in connection with the same. 

Prospective purchasers of UBD Network tokens should carefully

consider and evaluate all risks and uncertainties (including financial
and legal risks and uncertainties) associated with the UBD Network
token sale, and the UBD Network team.
Token features: The native digital cryptographically-secured utility
token of the UBD Network Platform (UBD/UBDN tokens) is a
transferable representation of attributed functions specified in the
protocol/code of the UBD Network Platform, designed to play a major
role in the functioning of the UBD Network ecosystem, and intended
to be used solely as the primary utility token on the platform. 

UBD Network tokens are non-refundable functional utility tokens that

will be used as the medium of exchange between participants on the
UBD Network Platform. 

The goal of introducing the UBD Network token is to provide a

convenient and secure mode of work within the ecosystem on the
UBD Network. 

UBD Network tokens do not in any way represent any shareholding,

participation, right, title, or interest in the UBD Network, their
respective affiliates, or any other company, enterprise, or
undertaking, nor will UBD Network tokens entitle token holders to any
promise of fees, dividends, revenue, profits or investment returns.
UBD Network tokens may only be used on the UBD Network Platform,
and ownership of UBD Network tokens carries no rights, express or
implied, other than the right to use UBD Network tokens as a means
to enable usage of and interaction within the UBD Network Platform. 

As a decentralized network, the UBD Network relies on various

participants to provide resources for network maintenance, and so
UBD Network tokens will be used as the medium of exchange to
quantify and pay the costs of the consumed resources. 

UBD Network tokens are an integral and indispensable part of the

UBD Network Platform because without UBD Network tokens, there
would be no incentive for users to expend resources to participate in
activities or provide services for the benefit of the entire ecosystem
on the UBD Network Platform.
Users of the UBD Network Platform and/or holders of UBD Network
tokens who did not actively participate will not receive any UBD
Network token incentives. 

UBD Network tokens would have the following features

pay within the ecosystem for various services, such as trust
contract creation and monthly trust fees
keep amount of tokens as a pool and run a validating node
(providing computational resources to validate information/
produce blocks) as part of the network by participating in the
staking process; 

Disclaimers relating to the UBD and UBDN tokens: It is expressly

highlighted that UBD and UBDN token
do not have any tangible or physical manifestation, and does not
have any intrinsic value (nor does any person make any
representation or give any commitment as to its value);
are non-refundable and cannot be exchanged for cash
are not intended to represent any rights under a contract for
differences or any other contract the purpose or pretended
purpose of which is to secure a profit or avoid a loss;
are not intended to be a representation of money (including
electronic money), security, commodity, bond, debt instrument,
unit in a collective investment scheme, or any other kind of
financial instrument or investment;
are not a loan or any of their respective affiliates, are not intended
to represent debt, and there is no expectation of profit; and do not
provide the token holder with any ownership or other interest.
The contributions will be held by the UBD Network after the token
sale, and contributors will have no economic or legal right over or
beneficial interest in these contributions or the assets of that entity
after the token sale. 

Informational purposes only: The information set out herein is only

conceptual, and describes the future development goals for the UBD
Network to be developed. In particular, the project roadmap in the
Whitepaper is being shared to outline some of the plans of the UBD
Network, and is provided solely for informational purposes and does
not constitute any binding commitment. 

Please do not rely on this information in making purchasing decisions

because ultimately, the development, release, and timing of any
products, features or functionality remains at the sole discretion of
the UBD Network, and is subject to change. 

Further, the Whitepaper or the Website may be amended or replaced

from time to time. There are no obligations to update the Whitepaper
or the Website or to provide recipients with access to any information
beyond what is provided herein.

Users must accept and fully understand the fact of possible risks:
Users must accept and fully understand that they are the only one
who bears full responsibility for storing their private keys and any
mnemonic (backup) phrase associated with those keys in a safe
place where you can recover them; otherwise, they risk losing
control over any and all digital assets that are associated with
those private keys, forever.
Users acknowledge and agree that information associated with
their UBD Network account can be lost and UBD Network Web
may not be able to restore it. Since UBD Network Web does not
have the user's private keys. UBD Network will not be able to
decrypt any data associated with your security keys.
Users acknowledge and agree that they shall assume all
responsibility for interaction with Smart Contracts and Trust
Contracts, Trust Terms, and its change, cancelation, or alteration
since Trusts can be controlled only by the one who creates it.
Each user accepts that he is the only one who is responsible for
his transaction details to transfer digital assets and accept the
fact that transactions can’t be canceled and in case of wrong
transaction details (address), funds will be lost forever.
Every user of the UBD Network system understands that he is the
only one who is responsible before his local, state, federal, and/or
international tax laws and tax authorities for his assets and
rewards including his digital funds.
Users accept and fully understand that if UBD Network
infrastructure stop working it may suspend the operation of the
whole system so assets could be temporarily frozen.
Users acknowledge and agree that UBD Network is not
responsible for the risk of a third party, for example, if Ethereum
infrastructure fails or if Bitcoin or any other coin that provides UBD
Network liquidity or UBD Reserve ceases to exist, it may terminate
UBD Network operation and all assets will be temporarily blocked
or lost forever.
Users acknowledge and agree that UBD Network is not
responsible for the risk of the high volatility of Bitcoin or any other
coin that provides UBD Network liquidity since it may terminate
UBD Network operation and all assets can be blocked for an
unknown period of time.
Users acknowledge and agree that UBD Network is free of its
responsibilities in case of any force majeure events such as natural
events, political and special events, economic and financial events,
infrastructure, and any other superior or irresistible forces, that
may terminate UBD Network operation and as a result, block all
assets temporary or forever.
Regulatory approval: No regulatory authority has examined or approved,
whether formally or informally, any of the information set out in the
Whitepaper or the Website. No such action or assurance has been or will be
taken under the laws, regulatory requirements, or rules of any jurisdiction.
The publication, distribution, or dissemination of the Whitepaper or the
Website does not imply that the applicable laws, regulatory requirements, or
rules have been complied with. 

Note on forward-looking statements: All statements contained herein,

statements made in press releases or any place accessible by the public,
and oral statements that may be made by the UBD Network team, may
constitute forward-looking statements (including statements regarding the
intent, belief, or current expectations concerning market conditions,
business strategy and plans, financial condition, specific provisions, and risk
management practices). You are cautioned not to place undue reliance on
these forward-looking statements given that these statements involve
known and unknown risks, uncertainties, and other factors that may cause
the actual future results to be materially different from that described by
such forward-looking statements, and no independent third party has
reviewed the reasonableness of any such statements or assumptions. These
forward-looking statements are applicable only as of the date indicated in
the Whitepaper, as well as the UBD Network team expressly disclaims any
responsibility (whether express or implied) to release any revisions to these
forward-looking statements to reflect events after such date.
References to companies and platforms: The use of any company
and/or platform names or trademarks herein does not imply any
affiliation with, or endorsement by, any third party. References in the
Whitepaper or the Website to specific companies and platforms are
for illustrative purposes only. 

English language: The Whitepaper and the Website may be translated

into a language other than English for reference purposes only and in
the event of conflict or ambiguity between the English language
version and translated versions of the Whitepaper or the Website, the
English language versions shall prevail. You acknowledge that you
have read and understood the English language version of the
Whitepaper and the Website. 

By attending any presentation on this Whitepaper or by accepting any

hard or soft copy of the Whitepaper, you agree to be bound by the
foregoing limitations.

Token legal limitations

IF YOU HAVE ANY DOUBTS AS TO WHAT ACTIONS YOU SHOULD

TAKE, WE RECOMMEND THAT YOU CONSULT WITH YOUR LEGAL,

FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S). No part of

this Whitepaper is to be reproduced, distributed or disseminated

without including this section.

The sole purpose of this Whitepaper is to present tokens to potential

token holders. The information is provided for INFORMATION

PURPOSES only.

It may not be exhaustive and doesn’t imply any elements of a

contractual relationship or obligations. Despite the fact that we make

every effort to ensure the accuracy, up to date and relevance of any

material in this Whitepaper, this document and materials contained

herein are not professional advice and in no way constitutes the

provision of professional advice of any kind.

Further, Project reserves the right to modify or update this

Whitepaper and information contained herein, at any moment and

without notice. To the maximum extent permitted by any applicable

laws, regulations and rules, Project doesn’t guarantee and doesn’t

accept legal responsibility of any nature, for any indirect, special,

incidental, consequential or other losses of any kind, in tort, contract

or otherwise (including but not limited to loss of revenue, income or

profits, and loss of use or data), arising from or related to the

accuracy, reliability, relevance or completeness of any material

contained in this Whitepaper.

You don’t have the right and shouldn’t buy tokens if you are a citizen
or resident (tax or otherwise) of any country or territory where
transactions with digital tokens and/or digital currencies are
prohibited or in any other manner restricted by applicable laws.
(“Person” is generally defined as a natural person residing in the
relevant state or any entity organized or incorporated under the laws
of the relevant state). Purchased tokens cannot be offered or
distributed as well as cannot be resold or otherwise alienated by their
holders to mentioned persons. It is your sole responsibility to
establish, by consulting (if necessary) your legal, tax, accounting or
other professional advisors, what requirements and limitations, if any,
apply to your particular jurisdiction, and ensure that you have
observed and complied with all restrictions, at your own expense and
without liability to Project.

Tokens UBDN are not and will not be intended to constitute

securities, digital currency, commodity, or any other kind of financial
instrument and have not been registered under relevant securities
regulations, including the securities laws of any jurisdiction in which
a potential token holder is a resident.

This Whitepaper is not a prospectus or a proposal, and its purpose is

not to serve as a securities offer or request for investments in the
form of securities in any jurisdiction. However, in spite of the above,
legislation of certain jurisdictions may, now or in future, recognize
UBDN tokens as securities.

Project does not accept any liability for such recognition and\or any
legal and other consequences of such recognition for potential
owners of UBDN tokens, nor pro- vide any opinions or advice
regarding the acquisition, sale or other operations with UBDN tokens,
and the fact of the provision of this Whitepaper doesn’t form the
basis or should not be relied upon in matters related to the
conclusion of contracts or acceptance investment decisions.
United Blockchain Dollar Network

Vision, 2023