UCO Network

Trust, Transparency and Traceability are the benefits of UCO Network

The market price of used cooking oil is higher than virgin oil due to REDI’s double counting policy. High demand coupled with limited supply is a challenge for biofuel producers, as well as the need for strict rules and regulations. Current regulations result in a non-transparent certification process for the sustainability of used cooking oil.

For example, bad actors can blend virgin oils to artificially increase the production of used cooking oil. Current certification, auditing and sustainability systems are inadequate to prevent fraud. The technology used is limited and centralized and could benefit greatly from blockchain technology.

UCO Network has created a compliant , reliable, and trustful way for Biofuel Producers and Waste Management & Collection companies operating their used cooking oil business. 

Company use the power of incentives to enable market access for millions of new participants – from businesses, to entrepreneurs, to developers, to households and individuals.

UCO Network Team is made of UCO Software Development, Waste Management Organisations and Blockchain Industry, with notable contributors and advisors. Partnered with VeChain, UCO Network is bringing Trust, Transparency & Traceability in the UCO sector Like Never Before!

What problems exist in this industry?

Sustainability – not only environmental but also economical and social sustainability;

• Currently there is a conglomerate where it’s difficult for new players to enter (traditional market barriers)
• Incentives to fraud for the lack of control leads to focus on profitability and not on environmental controls (virgin Oil mixed to used cooking oil as an example)
• Lack of critical infrastructure in non-developed countries for a true global circular market (RED I directive)
• Missing opportunity to enter the Carbon Credit emission, trading for co & biofuel producers and waste collectors

How does UCO Network solve the problems? 

Bringing the best of the latest tech trends and blockchain to open, optimize, and grow the UCO industry

• Receive detailed reports on routes and vehicles, as well as quality and productivity indexes. Optimize your work, make comparisons and maximize your business and your fleet.
• A private access platform that puts the security of your data first, designed and developed to meet your business needs.
• Buy and sell on a new global UCO marketplace that brings efficiency and adds value to feedstocks for sustainable biofuel production.
• Accurately manage your customers and trade events. Maintain an up-to-date database that can be accessed at any time and ensure that information is linked between the different modules of the system.
• Plan your business for the medium and long term and build a customer and prospect base that allows you to identify, segment, interact and set up smart contracts.

Token utility

The $UCOIL token is the catalyst of the UCO Network ecosystem.

$UCOIL is the non-native token of UCO Network, powering its self-driving circular economy.

It derives its utility from two main purposes:  Access and Governance. The maximum supply of SUCOIL is fixed at 100 Million. The Token Distribution has been designed to ensure a gradual increase of the circulating supply of SUCOIL, to align the interests of the community, investors, core contributors and advisors, and to ensure long-term sustainability

UCO Network has allocated $UCOIL tokens to be distributed as grants to the early builders and adopters of the UCO Network Protocol. It is important to also highlight the staking pool, where stakers can earn direct rewards incoming from UCO Network Protocol transaction fees.

UCO Network Launchpad 

We are pleased to announce that the IEO started on September 27th. The Launchpad session for UCO Network will be on P2B. The IEO price will be equal to the following indicators: $0.16/$0.2. Total supply: 100,000,000 $UCOIL. Also, an important factor is the initial market capitalization, which will be equal to $ 2.9 million.

Learn more about the project:
🔸Website: uco.network/ 
🔸Pitchdeck: https://docsend.com/view/dcexgrbi53rezy2z
🔸Twitter: twitter.com/uconetwork