$UBQT Expands to Solana (as UBQT_S): Enterprise-Ready for Real Estate and Beyond
Updated on January 23, 2025 @ 5:35 PM EST.
We’re thrilled to announce that UBQT_S, the utility token powering Ubitquity’s ecosystem (i.e. NFTitle Network, add-ons, DeedAlert, NFTp, etc.), is now live on the Solana blockchain! Building on our presence in the XPR Network, this expansion unlocks new opportunities for enterprise adoption, particularly in the real estate sector and Real World Asset (RWA) tokenization.
Why Solana? A Perfect Fit for Enterprise Needs
Solana’s blockchain is uniquely equipped to handle the needs of enterprises, especially in the real estate industry. Its high-performance capabilities, low fees, and secure network offer a compelling platform for title customers and real estate firms looking to modernize their operations.
Key reasons we chose Solana for our enterprise clients include:
- Enterprise-Friendly Infrastructure: Solana’s scalability and reliability make it an ideal choice for businesses managing high transaction volumes.
- Cost-Effective Solutions: Near-zero fees allow title companies and real estate firms to save on operational costs while maintaining efficiency.
- Integration Opportunities: Solana’s robust ecosystem supports tokenization of Real World Assets (RWA) for web3, enabling innovative solutions for property title management and asset transfers.
- Future-Ready Technology: Solana’s fast, secure, and decentralized framework ensures long-term viability for enterprise applications.
Celebrating with a 1:1 Token Matching Program
To commemorate this expansion, we’re launching an exciting 1:1 token matching program where 1 $UBQT on XPR Network will be matched with 1 $UBQT_S on $SOL. Here’s how it works:
- Top 500 Holders: Based on holdings up until of 11:59 PM EST, January 31, 2025, the top 500 $UBQT holders on XPR Network will receive a 1:1 token match on Solana. We will send the $UBQT_S (SOL) tokens after they submit their email address, WebAuth username, and SOL address to this form: https://form.jotform.com/250164271433247.
- If you do not receive your tokens by February 1st, 2025, you can contact us via our ticketing system. DO NOT REACH OUT TO US PREMATURELY, or via Telegram, email, X, Facebook, etc.
- Private Placement and Alcor Exchange Purchases: Any $UBQT_S purchased through Private Placement or the Alcor Exchange by January 31, 2025, at 11:59 PM will also be matched 1:1. Alcor Exchange buyers must open a support ticket by February 7, 2025 with screenshots of their purchase to qualify.
- Eligibility: Please note that individuals or entities on the nDAO blacklist will not qualify for the token match.
This program underscores our commitment to rewarding loyalty and encouraging participation in our expanding multi-chain ecosystem.
What’s Next?
We’re committed to nurturing $UBQT_S’s presence on Solana as well as on XPR Network, and exploring deeper integrations that benefit both enterprise clients and token holders. From real estate firms managing RWAs to NFT and DeFi enthusiasts, $UBQT_S on Solana is a step forward for everyone in our ecosystem. We look forward to coordinating with those within the Solana community such as Asvoria, Solana Canada (via Women in Blockchain Canada) and many others (i.e. recognized exchanges [CEX/DEX]).
Join us on Solana and be part of this transformative journey!
Rest assured, XPR Network community: our commitment to fostering the growth of $UBQT_S on the XPR Network remains unwavering. This expansion to Solana is not a shift but an opportunity to strengthen and grow $UBQT_S across both chains, creating a more robust and versatile ecosystem for everyone.
Stay updated with the latest developments by following our social media channels and visiting our official websites. Together, let’s unlock the future of web3 for enterprises and beyond... ONE BLOCK AT A TIME®.
THIS IS 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.
