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

UBITQUITY, LLC
5 min readJan 9, 2024
XPR Network & UBITQUITY logos

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?

NFTitle™ logo

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 logo

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/.

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UBITQUITY, LLC

Ubitquity, LLC was founded on September 15, 2015. We are based out of Wilmington, Delaware, USA, with staff, an advisory board, and partners located worldwide.