$UTRX Unitronix Corp. to Invest $3 Million in USA
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https://www.prnewswire.com/news-releases/unit...68764.html
Unitronix's Continued Investment in Blockchain Innovations Now Influencing Political Engagement, Campaign Funding, and Decentralized Governance.
MARLTON, N.J., Oct. 7, 2024 /PRNewswire/ -- Unitronix Corp. (the "Company" or "Unitronix" (OTC: UTRX), a forward-thinking organization focused on high-growth opportunities within blockchain technology, digital currencies, and decentralized finance (DeFi), announced that management has entered into an agreement to invest up to $3 million in the USA Unity Coin ("UUC" project. This investment further strengthens Unitronix's commitment to exploring innovative blockchain solutions and their application within decentralized governance.
The USA Unity Coin project, a blockchain-based decentralized initiative, seeks to revolutionize political engagement and campaign financing by introducing a cryptocurrency that rewards political donations with tradable digital tokens. The UUC project is a strategic addition to the ongoing development of Unitronix's Cryptocurrency Investment Portfolio Strategy.
Investor Opportunities
As indicated by the UCC project, the Initial Coin Offering (ICO) for USA Unity Coin is expected to launch in October 2024 on major cryptocurrency exchanges. More information on the ICO will be announced in the coming days. Interested participants can visit usaunitycoin.com to access the official whitepaper and learn more about UUC's vision and the project's structure. The Company is actively raising financing, and interested qualified investors can contact Unitronix directly at info@unitronix.ai to assess their suitability.
Strategic Vision for UUC
The USA Unity Coin is designed to drive civic engagement and offer real-world utility, making it highly relevant to millions of people across the U.S. and globally.
"We are thrilled to support the USA Unity Coin project, which we believe has the potential to redefine how political campaigns interact with their supporters," said Kenneth J. Williams, CEO of Unitronix Corp. "The UUC project offers a unique intersection of cryptocurrency and civic engagement, and we are excited to be part of this innovative venture. We firmly believe that aligning with the UCC project to facilitate this potential investment fully aligns with our broader strategy to explore blockchain applications that provide value to our stakeholders."
The UCC is led by CEO Alex Lightman, a renowned crypto expert and government advisor. Supported by key figures such as Raul Thomas and Brian MacMahon, both of whom have extensive experience with high-profile projects like Ethereum, Tether, Stellar, and Shiba Inu, the USA Unity Coin certainly seems poised for success. The project will launch a decentralized mechanism providing secure and transparent methods for political fundraising, polling, and community engagement on issues such as job loss due to AI and free speech rights. The UCC project contends that all of this will be managed democratically through a DAO (Decentralized Autonomous Organization). UUC is the first-ever token, reportedly, to be broadcast and marketed on national television, with prime placements on major networks such as CNBC, Fox News, and others. Mr. Lightman has indicated he will further bolster marketing efforts with interviews on mainstream media news channels, including Newsmax.
Financing Contingency
Unitronix's investment in the USA Unity Coin project is contingent on management successfully securing additional capital. It is important to note that the USA Unity Coin project is an independent initiative, and its success is the responsibility of the UCC management team, which operates separately from Unitronix. Furthermore, the UCC project's execution is dependent on it obtaining various regulatory approvals and complying with relevant legal requirements, including financial regulations and securities laws.