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BLOG: UBITQUITY, LLC is set to reveal the whitepaper for the $UBQT utility token, focusing on NFTitle™ and Title Plant Token on the XPR Network

Dear UBITQUITY and XPR Network Communities,

We are thrilled to share exciting news with our dedicated supporters and the wider blockchain community. UBITQUITY, LLC is proud to announce the forthcoming release of our much-anticipated whitepaper for the $UBQT utility token. This token is set to revolutionize the landscape of NFTitle Network and Title Plant Token, powered by the robust XPR Network.

Key Dates to Mark on Your Calendar:

  • Whitepaper Release Date: January 31, 2024

Mark your calendars! On January 31, 2024, we will be releasing the comprehensive whitepaper detailing the intricate workings of the $UBQT utility token including, but not limited to, its tokenomics. This document will provide an in-depth understanding of our innovative approach to NFTitle™ and Title Plant Tokens.

  • Airdrop Expected: February 2024

Following the whitepaper release, we are gearing up for an airdrop event in February 2024. This presents a unique opportunity for early adopters, customers, and contributors to get their hands on $UBQT tokens.

Token Supply Overview:

  • Issued Supply: 111,111,111 UBQT
  • Max Supply: 111,111,111 UBQT

Block Explorer Access:

To ensure transparency and accessibility, you can track $UBQT transactions and explore the token’s details on the XPR Network Block Explorer. Simply visit this link for real-time information.

Learn More about $UBQT Utility Token:

For a comprehensive dive into the $UBQT utility token and its transformative role in NFTitle™ Network and Title Plant Tokens, we invite you to visit UbitquityNFT.com/web3/token. This network will serve as a hub for all the details, updates, and resources related to $UBQT.

Quick Reference:

What is NFTitle Network?

Our (UBITQUITY, LLC) web3-enabled NFTitle™ Network, using blockchain-agnostic technology hosted on the distributed web, delivers a unique consumer experience to owning a title to a home through the tokenization of Real World Assets. For eight years we have developed a proven track record of successfully integrating our network into the US and global title companies. We’re currently exploring use cases and running our NFTitle™ platform in cooperation with US title firms (and other verticals) so we understand your industry’s challenges.

With NFTitle™ you can now mint title policies, deeds, certificates of authenticity, receipts, maintenance records, and other important Real World Assets (RWA) for your current and prospective customers. Our scalable platform allows for unique capabilities and engaging interactions for small to medium-sized businesses (SMBs), enterprises, and your customers while improving upon Proof of Ownership, future title search, and retrieval, with parallel secure decentralized storage. NFTitle™ has recorded over 1 million real estate records since it was launched in March 2023.

What is Title Plant Token?

Title Plant Token ($UBQT) will act as an incentivization mechanism for the title plants to put their data onto standardized blockchain ledgers such as XPR Network and Polygon via the NFTitle™ Network. By contributing and validating property data (maintained property records, categorized by both the legal description of the land and by name-indexes) that is rewarded with tokens, the tokens shall be redeemed in parallel to access property data, the plants have an immediate market to exchange their tokens for cash or cryptocurrencies.

Using Title Plant Token, title plants will democratize their title plant data, and continue generating revenue by traditional means and simultaneously through selling their tokens to title companies or other entities that need to access property data. Title Plant Token is by no means an attempt to replace title plants, which are required by law to exist in several U.S. states. Instead, our goal is to help title plants become innovative and improve upon antiquated processes.

Title companies, with the help of us (Ubitquity), will be able to create their tokens as a part of the UBITQUITY Token ecosystem and earn their token by writing new real estate transaction data directly to the blockchain, minting NFTs, and storing data via IPFS. Furthermore, a revenue-sharing model will be created to help further incentivize title plants that host IPFS nodes/validate new data, and by NFTitle™ hosting validator nodes then offering revenue sharing.

Join the Revolution:

We extend our gratitude to the community for its unwavering support throughout our three-year journey with XPR Network (note: we have been partners since September 15, 2020). The release of the $UBQT whitepaper marks a significant milestone for UBITQUITY, LLC, and we invite you to be a part of this revolutionary chapter in web3 history.

Stay tuned for more updates, and let’s shape the future of NFTitle™ and Title Plant Tokens together! ONE BLOCK AT A TIME®.

How to Get Involved:

Best regards,

Nathan Wosnack

Founder & CEO

UBITQUITY, LLC

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LEGAL DISCLAIMERS:

The $UBQT whitepaper and $UBQT Utility Token release dates are subject to change if unforeseen circumstances arise. See also: UBITQUITY, LLC’s Terms of Use.

THIS IS NOT AN OFFER TO SELL SECURITIES. Information contained on this blog is not an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Read the full Securities Offering Disclaimer at: https://ubitquity.io/web3/securities-offering-disclaimer/.

Title Plant Token logo

UBITQUITY’S Latest Utility Token Set to Transform Title Plant Data Management and Monetization in Real Estate Industry

FOR IMMEDIATE RELEASE

Wilmington, Delaware — May 18, 2023 — UBITQUITY, LLC, a prominent provider of blockchain-powered solutions for the real estate industry, is thrilled to unveil the upcoming release of the Title Plant Token, scheduled for the latter half of 2023. This groundbreaking initiative introduces an incentivization mechanism for title plants to migrate their data onto standardized blockchain ledgers such as Polygon and Proton through the highly innovative NFTitle™ Network, which has already recorded over 25,000 real estate-related files, showcasing its immense potential.

Title Plant Token empowers title plants to contribute and validate property data, including maintained property records categorized by legal descriptions and name indexes. Participants are rewarded for their contributions with tokens that can be redeemed to access property data. These tokens can also be exchanged for cash or cryptocurrencies, providing title plants with an immediate market to monetize their valuable data.

Nathan Wosnack, Founder & CEO at UBITQUITY, LLC, expressed his enthusiasm for the potential of Title Plant Token, stating, “We are thrilled to introduce this groundbreaking solution to the real estate industry. By leveraging blockchain technology, we aim to democratize title plant data and empower title plants to generate revenue through traditional means while simultaneously leveraging token sales to title companies and other entities in need of property data.”

Wosnack emphasized that Title Plant Token is not intended to replace the thousands of title plants within the U.S., which are legally mandated in several states. Instead, the goal is to drive innovation and improve upon antiquated processes within title plant operations, enabling them to become more efficient and effective in serving their purpose.

Under the UBITQUITY Token ($UBQT) ecosystem, title companies will have the opportunity to create their own tokens. This enables them to earn rewards by directly recording new real estate transaction data onto the blockchain, minting NFTs, and securely storing data using IPFS (InterPlanetary File System). Additionally, a revenue-sharing model will be established to further incentivize title plants hosting IPFS nodes and validating new data. NFTitle™ will play a crucial role by hosting validator nodes and offering revenue sharing as well.

The implementation of Title Plant Token is subject to comprehensive legal assessment, including a legal opinion letter, and compliance with applicable Securities and Exchange Commission (SEC) exemptions. UBITQUITY is committed to ensuring a compliant and secure environment for all participants in the ecosystem.

About UBITQUITY, LLC

UBITQUITY, LLC is a leading blockchain-secured platform for real estate and title recordkeeping. The company offers a user-friendly experience for securely recording and tracking property deeds and land records. UBITQUITY has forged partnerships with academia, aviation companies, municipalities, and real estate firms, establishing itself as an industry pioneer.

For media inquiries:

Ignacio Landáez Duin

Chief Operating Officer, UBITQUITY, LLC

Email: [email protected]

Tel: +1 (724) BITCØIN [248–2046]

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NOT AN OFFER TO SELL SECURITIES. Information contained on this Medium post is not an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Read the full Securities Offering Disclaimer. Not a Broker-Dealer. Ubitquity is neither a registered representative under the Financial Industry Regulatory Authority (“FINRA”), a member of FINRA or associated or Affiliated (as defined below) with any member of FINRA, nor a broker-dealer registered with the SEC under the Exchange Act of 1934 (“Exchange Act”) or engaged in a business that would require it to be so registered, nor is it an Affiliate of a broker-dealer or any Person engaged in a business that would require it to be registered as a broker-dealer. Read the full Broker-Dealer Disclaimer.

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