Upstake is the next generation of passive income and investing platforms, built from the ground up to unlock financial freedom for thousands of members around the world. We invite you to learn more about this exciting new platform. UpStake (UPS) is a ERC20 token which through our internal exchange increases in value every hour from the 1st of June 2018 when launched.
Upstake unique business model is simple, the price of UPS tokens increase hourly. This price increase is released to the market yearly in advance UPS token growth. Investors are able to invest with a high level of confidence as they can see exactly what that value will be at a set time in the future. Any time UPS tokens are sold we burn 1% out of circulation. This is what creates the underlying value of UPS tokens.
Traditional exchanges just don’t work with the concept of a fixed price increase. We’ve radically rethought the fundamentals of exchange and come up with a long term investment model that works while also creating a thriving trading environment for the UpStake community. The solution is an exchange that resets hourly, the price is fixed and consumers exchange BTC and UPS on a 'first come first serve' basis.
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