UMI

What is UMI? 󰖢 UMI is a decentralized payment blockchain network that utilizes an open source code to facilitate nearly instantaneous and cost-free transactions globally. The UMI cryptocurrency serves as the accounting unit within this network. UMI is a fully developed blockchain platform that supports the creation and execution of smart contracts. It operates on a unique Proof-of-Authority (PoA) consensus algorithm, where master nodes and validator nodes are responsible for network performance. UMI is a distinctive cryptocurrency issued via staking based on a smart contract, allowing network participants to potentially receive additional coins at a rate of up to 40% per month by simply holding them in their wallets. How does UMI work? 󰖢 The UMI blockchain is public, ensuring all transactions are transparent and cannot be forged or cancelled. Unlike many other cryptocurrencies that use Proof-of-Work (PoW) or Proof-of-Stake (PoS) consensus algorithms, UMI employs the Proof-of-Authority (PoA) technology. This technology enables almost instant transactions and safe network operation without commission costs. Master nodes generate new blocks and validator nodes support the network by checking the blocks for correctness and ruling out forgery. Any UMI user can launch a validator node, contributing to the network's decentralization, security, and reliability. The use of master nodes aims to increase the UMI network's bandwidth and transaction speed. What are the potential use cases for UMI? 󰀎 UMI aims to provide a platform for almost instant transactions without commissions, with a network bandwidth of up to 65,536 transactions per second. This aims to handle a higher volume of transactions per second compared to Bitcoin and traditional payment systems like VISA or Mastercard. UMI is a decentralized blockchain network that aims to protect against hacks, leaks, unauthorized changes, and other vulnerabilities. It also supports the creation and execution of smart contracts of any complexity. The unique Proof-of-Authority model with smart contract staking not only aims to enhance the security of the UMI network, but also may provide additional benefits for users. What is the history of UMI? 󰀎 UMI was created by an anonymous and completely independent development team. Similar to Bitcoin, the creators of UMI remain anonymous to ensure maximum decentralization of the network. There is no single entity that could potentially influence or harm the UMI network. The UMI network uses an improved version of the PoA technology, which relies on its advantages while also eliminating its drawbacks. Mining and forging have been replaced by a staking technology based on a smart contract, used to potentially reward users. What is the current price of UMI? 󰀎 We update our UMI to USD currency in real-time. Get the live price of UMI on Coinbase. What is the market cap of UMI? 󰀎 The current market cap of UMI is $0.00. A high market cap implies that the asset is highly valued by the market. What is the all time high of UMI? 󰀎 The all-time high of UMI is $0.77. This all-time high is highest price paid for UMI since it was launched. What is the 24 hour trading volume of UMI? 󰀎 Over the last 24 hours, the trading volume of UMI is $0.00. What other assets are similar to UMI? 󰀎 Assets that have a similar market cap to UMI include WaultSwap, Raptor Finance, TheFutbolCoin, and many others. To see a full list, see our comparable market cap assets. How many UMI are there? 󰀎 The current circulating supply of UMI is 0. logo
UMI
Decentralized payment blockchain network with Proof-of-Authority (PoA) consensus.
Not publicly confirmed UMI Blockchain Payment Network
Live price
$0.00
Not publicly confirmed
0.00% (24h)
Price chart

Price chart data for UMI is not available at this time. Typically, a price chart would display historical price movements, trading volume, and key technical indicators over various timeframes (e.g., 1 day, 1 week, 1 month, 1 year, all-time).

Investors use price charts to identify trends, support and resistance levels, and potential entry or exit points. The absence of a visible chart suggests either a lack of sufficient trading history, extremely low liquidity, or a market where price discovery is not actively occurring.

For UMI, with a reported price of $0.00 and no trading volume, a chart would likely show a flat line at zero, indicating no active market movement.

Market stats
Price
$0.00
24h Change
0.00%
Market Cap
$0.00
24h Trading Volume
$0.00
All-Time High
$0.77
Circulating Supply
0 UMI

What is UMI? 󰖢 UMI is a decentralized payment blockchain network that utilizes an open source code to facilitate nearly instantaneous and cost-free transactions globally. The UMI cryptocurrency serves as the accounting unit within this network. UMI is a fully developed blockchain platform that supports the creation and execution of smart contracts. It operates on a unique Proof-of-Authority (PoA) consensus algorithm, where master nodes and validator nodes are responsible for network performance. UMI is a distinctive cryptocurrency issued via staking based on a smart contract, allowing network participants to potentially receive additional coins at a rate of up to 40% per month by simply holding them in their wallets. How does UMI work? 󰖢 The UMI blockchain is public, ensuring all transactions are transparent and cannot be forged or cancelled. Unlike many other cryptocurrencies that use Proof-of-Work (PoW) or Proof-of-Stake (PoS) consensus algorithms, UMI employs the Proof-of-Authority (PoA) technology. This technology enables almost instant transactions and safe network operation without commission costs. Master nodes generate new blocks and validator nodes support the network by checking the blocks for correctness and ruling out forgery. Any UMI user can launch a validator node, contributing to the network's decentralization, security, and reliability. The use of master nodes aims to increase the UMI network's bandwidth and transaction speed. What are the potential use cases for UMI? 󰀎 UMI aims to provide a platform for almost instant transactions without commissions, with a network bandwidth of up to 65,536 transactions per second. This aims to handle a higher volume of transactions per second compared to Bitcoin and traditional payment systems like VISA or Mastercard. UMI is a decentralized blockchain network that aims to protect against hacks, leaks, unauthorized changes, and other vulnerabilities. It also supports the creation and execution of smart contracts of any complexity. The unique Proof-of-Authority model with smart contract staking not only aims to enhance the security of the UMI network, but also may provide additional benefits for users. What is the history of UMI? 󰀎 UMI was created by an anonymous and completely independent development team. Similar to Bitcoin, the creators of UMI remain anonymous to ensure maximum decentralization of the network. There is no single entity that could potentially influence or harm the UMI network. The UMI network uses an improved version of the PoA technology, which relies on its advantages while also eliminating its drawbacks. Mining and forging have been replaced by a staking technology based on a smart contract, used to potentially reward users. What is the current price of UMI? 󰀎 We update our UMI to USD currency in real-time. Get the live price of UMI on Coinbase. What is the market cap of UMI? 󰀎 The current market cap of UMI is $0.00. A high market cap implies that the asset is highly valued by the market. What is the all time high of UMI? 󰀎 The all-time high of UMI is $0.77. This all-time high is highest price paid for UMI since it was launched. What is the 24 hour trading volume of UMI? 󰀎 Over the last 24 hours, the trading volume of UMI is $0.00. What other assets are similar to UMI? 󰀎 Assets that have a similar market cap to UMI include WaultSwap, Raptor Finance, TheFutbolCoin, and many others. To see a full list, see our comparable market cap assets. How many UMI are there? 󰀎 The current circulating supply of UMI is 0. (UMI) is a crypto asset tracked in this profile. The snapshot in your CSV reports a live price of $0.00 and a 24‑hour change of 0.00%. If other fundamentals (market cap, supply, volume) are missing, treat this page as an analyst-style explainer: it tells you what to look for, how to interpret it, and what red flags matter most.

For thinly traded assets, the most important question is not the headline price — it is whether you can buy or sell meaningful size without slippage, whether trading venues are reputable, and whether supply/contract details can be verified from primary sources.

Trading insights

Current market data for UMI presents a highly unusual and critical scenario for potential traders and investors. With a reported price of $0.00, a market capitalization of $0.00, and a 24-hour trading volume of $0.00, UMI appears to have virtually no active market presence or liquidity. This suggests that the asset is not being actively traded on public exchanges, or its value is considered negligible.

The stated all-time high of $0.77 indicates that UMI once held a measurable value. The stark contrast between this historical high and the current $0.00 price points to a significant loss of market confidence or a complete cessation of trading activity. For an asset to have a $0.00 market cap and volume, it implies that there are no buyers or sellers at any price above zero, or that the asset is not listed on any exchange providing liquidity data.

Investors should exercise extreme caution. An asset with zero circulating supply, zero market cap, and zero trading volume carries maximal risk. It is effectively illiquid and untradable in its current state. Any claims of potential returns, such as the stated 40% monthly staking rewards, must be viewed with skepticism when the underlying asset has no verifiable market value or demand.

Liquidity & market structure

Understanding an asset's liquidity structure is crucial for assessing its market health and tradability. It typically involves analyzing how the total supply is distributed among various holders, such as exchanges, foundations, development teams, and individual investors. This distribution impacts market depth, price stability, and the potential for large transactions to move the market.

For UMI, the reported circulating supply of 0 UMI makes a traditional liquidity structure analysis impossible. This figure suggests that no tokens are currently available or recognized in public circulation, which directly correlates with the reported $0.00 market cap and trading volume. In a healthy market, a significant portion of the supply would be held by diverse participants, facilitating robust trading.

The absence of circulating supply data means there is no basis to assess how many tokens are held by whales, retail investors, or locked in staking contracts. This lack of transparency and availability is a major red flag for liquidity and market legitimacy.

Exchange Wallets
0%
Staking Pools
0%
Foundation/Treasury
0%
Private Holders
0%
Development Team
0%
Price history
1W
0.0%
1M
0.0%
3M
0.0%
1Y
0.0%
All
-100.0%
Price history provides critical context for an asset's performance and volatility. For UMI, with a current price of $0.00 and a 24-hour change of 0.00%, recent price history would reflect this static, non-existent market activity. The reported all-time high of $0.77 suggests a past period of value, but without specific dates or a detailed price chart, it's impossible to analyze the trajectory from that high to the current $0.00. Investors typically examine historical data to understand an asset's resilience, growth patterns, and correlation with broader market trends. The absence of such data, coupled with the current market metrics, indicates extreme illiquidity and a lack of price discovery. Past performance is not indicative of future results. Cryptocurrency markets are highly volatile, and prices can fluctuate significantly. The current market data for UMI suggests extreme illiquidity and a negligible market value.
About & details

UMI is positioned as a decentralized payment blockchain network utilizing an open-source codebase. Its core function is to enable nearly instantaneous and cost-free transactions globally. The network is described as a fully developed blockchain platform capable of supporting the creation and execution of smart contracts of any complexity.

The network's consensus mechanism is a unique Proof-of-Authority (PoA) algorithm. In this model, master nodes are responsible for generating new blocks, while validator nodes support the network by verifying block correctness and preventing forgery. Any UMI user can reportedly launch a validator node, contributing to the network's decentralization, security, and reliability. The use of master nodes is intended to enhance the network's bandwidth and transaction speed, aiming for up to 65,536 transactions per second, which is significantly higher than Bitcoin and traditional payment systems.

UMI's history indicates it was created by an anonymous and independent development team, a characteristic shared with Bitcoin, intended to ensure maximum decentralization and prevent single-entity influence. The network claims to use an improved version of PoA technology, addressing its potential drawbacks. Instead of traditional mining or forging, UMI employs a staking technology based on a smart contract, designed to reward network participants. This staking mechanism offers a high potential return of up to 40% per month for simply holding UMI in a wallet.

Potential use cases for UMI revolve around its promise of fast, free, and secure transactions, making it suitable for various payment applications. Its support for smart contracts also opens possibilities for decentralized applications (dApps) and other programmable functionalities within its ecosystem. The PoA model combined with smart contract staking is highlighted as a means to enhance security and provide user benefits.

About this asset

UMI is a decentralized payment blockchain network leveraging a unique Proof-of-Authority (PoA) consensus mechanism to enable fast, cost-free global transactions. It supports smart contracts and features a staking model that offers high potential monthly returns. Developed by an anonymous team, UMI aims for high transaction throughput and enhanced security through its PoA and master/validator node architecture.

Network & addresses

Specific network contract addresses for UMI are not publicly confirmed in the provided information. In a typical blockchain ecosystem, contract addresses are unique identifiers for smart contracts deployed on a network. These addresses are crucial for interacting with the token, verifying its authenticity, and understanding its deployment details on a specific blockchain.

For investors, knowing the contract address is essential for verifying the asset on block explorers, checking token balances, and interacting with decentralized applications (dApps) or liquidity pools. The absence of this information limits the ability to independently verify UMI's presence and activity on its stated blockchain network.

Market behavior & liquidity

The market behavior of UMI, as indicated by the provided data, is characterized by extreme illiquidity and a complete lack of active trading. A market capitalization of $0.00, a 24-hour trading volume of $0.00, and a circulating supply of 0 UMI collectively suggest that the asset is not currently traded on any significant public exchange, or that its market value is effectively zero.

This behavior is highly unusual for an asset that claims to be a 'fully developed blockchain platform' with 'potential use cases'. In a healthy market, even a nascent project would typically show some level of trading volume and a non-zero market cap, reflecting investor interest and price discovery. The reported all-time high of $0.77, contrasted with the current $0.00 price, implies a severe and sustained decline in demand, leading to its current untradable state.

For market participants, this data indicates that UMI is not a viable trading asset at present. There is no observable demand, no supply in circulation, and therefore no mechanism for price movement. Any investment in such an asset would face insurmountable challenges related to entry, exit, and valuation. This market behavior signals a critical lack of adoption, trust, or operational presence in the broader cryptocurrency ecosystem.

FAQ
What is UMI's consensus mechanism?

UMI operates on a unique Proof-of-Authority (PoA) consensus algorithm. This system relies on master nodes to generate blocks and validator nodes to verify them, aiming for fast, commission-free, and secure network operation. Unlike Proof-of-Work (PoW) or Proof-of-Stake (PoS), PoA typically involves a limited set of pre-approved validators.

How does UMI's staking work?

UMI features a staking mechanism based on a smart contract. Participants can potentially receive additional UMI coins at a rate of up to 40% per month by simply holding them in their wallets. This high reward rate is designed to incentivize holding and participation in the network, replacing traditional mining or forging.

Who created UMI?

UMI was created by an anonymous and independent development team. This anonymity is stated to be a deliberate choice, similar to Bitcoin's origins, intended to ensure maximum decentralization and prevent any single entity from exerting undue influence or harm on the network.

What are UMI's transaction capabilities?

UMI aims to provide a platform for almost instant transactions without commissions, boasting a network bandwidth of up to 65,536 transactions per second. This high throughput is intended to handle a significantly larger volume of transactions compared to Bitcoin and traditional payment systems like VISA or Mastercard.

Tokenomics & supply

UMI's tokenomics are primarily defined by its staking mechanism and the reported circulating supply. The asset is issued via staking based on a smart contract, allowing network participants to potentially receive additional coins at a rate of up to 40% per month. This is an exceptionally high reward rate in the cryptocurrency space and warrants careful scrutiny regarding its sustainability and underlying economic model.

The reported circulating supply of 0 UMI is a critical data point. In traditional tokenomics, circulating supply refers to the number of tokens publicly available and actively traded. A zero circulating supply, combined with a $0.00 market cap and trading volume, suggests that the token is not currently distributed or accessible in any meaningful way to the broader market. This raises fundamental questions about how the staking mechanism is currently functioning, who holds the tokens, and how new tokens are being generated and distributed if none are in circulation.

High staking rewards, especially without a clear and robust economic model to support them, can lead to inflationary pressures and a rapid devaluation of the asset if there is no corresponding demand or utility. Given the current market data, the sustainability and real-world value of these staking rewards are highly questionable. Investors should seek comprehensive details on the total supply, distribution schedule, vesting periods, and the economic model underpinning the 40% monthly reward to assess the long-term viability and potential for dilution.

Comparable assets

When evaluating UMI, it can be helpful to consider assets with similar market characteristics or stated goals. The provided information suggests that UMI has a similar market cap to assets such as WaultSwap, Raptor Finance, and TheFutbolCoin. However, given UMI's reported $0.00 market cap, this comparison implies that these other assets also have extremely low or negligible market capitalizations.

Generally, comparable assets are used to benchmark performance, technology, and market potential. For UMI, the most relevant comparables would be other payment-focused blockchain networks or projects utilizing Proof-of-Authority consensus. However, the current market data for UMI makes direct performance comparisons difficult, as it lacks active trading and a measurable market value. Instead, the comparison highlights UMI's current position at the very low end of the market capitalization spectrum, alongside other highly illiquid or nascent projects.

Risks & limitations
  • Extreme Illiquidity and Untradability: With a $0.00 market cap, $0.00 24h trading volume, and 0 circulating supply, UMI is effectively illiquid and untradable. Investors would face extreme difficulty buying or selling the asset, making it a high-risk proposition with no clear exit strategy.
  • Proof-of-Authority (PoA) Centralization: While PoA can offer high transaction speeds, it inherently relies on a limited set of trusted validators (master nodes). This introduces a degree of centralization, which can be a single point of failure or control, contrasting with the decentralized ethos of many cryptocurrencies.
  • Anonymous Development Team: The creators of UMI remain anonymous. While this can be framed as a move towards decentralization, it also means there is no publicly accountable entity for the project's development, security, or future direction. This lack of transparency increases trust risk.
  • Unsustainable Staking Rewards: A promised staking reward of up to 40% per month is exceptionally high. Without a robust and transparent economic model demonstrating how such rewards are generated and sustained, there is a significant risk of hyperinflation, token devaluation, or a Ponzi-like structure where early participants benefit at the expense of later ones.
  • Lack of Market Adoption and Utility: The current market data strongly suggests a lack of adoption, utility, or demand for UMI. An asset with no market value or trading activity indicates that its proposed use cases are not being realized or valued by the broader market.
  • Security Risks with PoA: While PoA can be secure, the security relies heavily on the integrity of the master and validator nodes. If these nodes are compromised or collude, the network's integrity could be at risk. The anonymity of the team further complicates trust in the node operators.
  • Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is evolving. Projects with anonymous teams, high staking rewards, and unclear economic models may face increased scrutiny or be deemed non-compliant in various jurisdictions.
Sources
Tools & calculator & data quality

The provided data for UMI offers a mix of descriptive information and critical market metrics, but with significant gaps and highly unusual values. Specifically, the following was provided:

  • Numeric Data: Current price ($0.00), 24-hour change (0.00%), market capitalization ($0.00), 24-hour trading volume ($0.00), all-time high ($0.77), and circulating supply (0 UMI).
  • Textual Information: A detailed description of UMI's purpose, technology (PoA consensus, master/validator nodes), smart contract capabilities, staking mechanism (up to 40% monthly rewards), transaction speed claims (65,536 TPS), history (anonymous team), and potential use cases.

However, several crucial pieces of information are missing or are presented in a way that limits confidence:

  • Missing Dates: No specific dates for the all-time high, launch date, or any historical milestones are provided.
  • Missing Detailed Price History: Beyond the current price and ATH, no granular historical price data or chart is available.
  • Missing Network Details: Specific blockchain explorers, contract addresses, or verifiable network activity metrics are not provided.
  • Missing Team Details: While anonymity is stated as a feature, it means no verifiable information about the development team or core contributors is available.
  • Unusual Market Metrics: The $0.00 market cap, $0.00 volume, and 0 circulating supply are highly atypical for an active cryptocurrency and raise significant questions about the asset's current status and legitimacy.

This data significantly limits confidence in UMI's current market viability and operational status. The descriptive text portrays a functional and ambitious project, but the market metrics contradict this, indicating an asset with no active trading or public distribution. The high staking reward claim, in particular, becomes highly suspect when the underlying asset has no market value.

To verify next, an investor should:

  • Attempt to locate UMI on reputable cryptocurrency exchanges to confirm its listing status and actual trading activity.
  • Search for official UMI blockchain explorers to verify transaction volumes, block generation, and token distribution.
  • Seek out independent audits of the smart contracts, especially the staking mechanism, to understand its security and economic model.
  • Research the project's community, development updates, and any public communication channels to assess ongoing activity and transparency.
  • Investigate the history and context of the $0.77 all-time high to understand when and under what conditions it was achieved.
Tools & calculator
UMI Staking Rewards Calculator

While UMI claims potential staking rewards of up to 40% per month, the current market data (0 circulating supply, $0.00 price) makes any calculation purely hypothetical. However, if UMI were to become tradable and hold value, a staking calculator would typically allow you to estimate potential earnings.

How it would work:

  • Input: Amount of UMI you wish to stake.
  • Input: Staking period (e.g., 1 month, 3 months, 1 year).
  • Output: Estimated UMI earned over the period, based on the stated 40% monthly rate.

Disclaimer: This calculator would be for illustrative purposes only. Actual returns would depend on the network's operational status, the actual implementation of the smart contract, and the market value of UMI, which is currently $0.00.

Summary snapshot

UMI is presented as a decentralized payment blockchain network leveraging Proof-of-Authority (PoA) consensus for fast, free transactions and smart contract support. It features a staking model offering up to 40% monthly rewards, developed by an anonymous team. However, current market data reports a $0.00 price, market cap, and 24-hour volume, with 0 circulating supply. This indicates extreme illiquidity and a lack of active market presence, raising significant concerns about its viability and the sustainability of its proposed economic model, despite a historical all-time high of $0.77.

Related assets

Assets considered 'similar' to UMI, based on market capitalization, include WaultSwap, Raptor Finance, and TheFutbolCoin. This comparison is primarily driven by UMI's reported $0.00 market cap, suggesting these related assets also occupy a very low tier in terms of market valuation.

Typically, related assets are identified by shared technological foundations, use cases, or market sectors. While UMI aims to be a payment network, its current market status makes functional comparisons challenging. Instead, these 'comparables' highlight UMI's position among projects with minimal or no current market presence, emphasizing the need for thorough due diligence on all such assets.



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