We are releasing multiple .xyz Wallet ID domains on the U.CASH platform in the future. What this means is that our users will be able to purchase Wallet ID addresses to use for various functionalities.
U.CASH is building a global network of local and online converters that enables anyone to load up their account with cash, access multiple services, and when complete, cash-out.
The vast majority of our users have never owned any cryptocurrency before and hail mostly from areas such as South/South-East Asia and South America. As such, we have embarked on various initiatives to make using cryptocurrencies easier and more intuitive. One such initiative is our Wallet ID program.
We believe simple, easy to remember and share addresses, are the future of seamless payments. Wallet IDs are subdomains built under the main TLDs (ethereum.xyz for example) . You can claim yourname.ethereum.xyz (or our other available domains) and use that to receive payments online or through the U.CASH platform to start. We are developing APIs that can be used by other providers to access the same capability as well. On top of that, multiple other features including domain forwarding, brand building sites and more are planned in the pipeline for Wallet IDs.
Other services that U.CASH currently offers is exchange top-ups (currently available for instant loads to C2CX), where after loading up your account with cash, you can then transfer that balance to your exchange account. In the future we will be enabling cash-out from exchanges as well.
The U.CASH mission is to integrate promising cryptocurrencies, global exchanges and financial service providers together with our converter network to provide users with a wide variety of innovative abilities. Wallet IDs are the first step in this integration process.
To find out more about this initiative please visit ethereum.xyz for our teaser informational site (most of the links for the other domains outlined below work as well). In the future we will build more comprehensive portals that will be sure to become great resources for the community.
Pre-register your U.CASH account to be eligible for early access. When registering and verifying your account, you receive some UCASH as a bounty. In many cases this bounty is enough to claim your Wallet ID for free!
A big shout out to CoinMarketCap for updating U.CASH's circulating supply. Our token distribution system from the beginning allows users to complete bounties to help build and grow the U.CASH network. We're excited to see all the contributions, and would like to thank CoinMarketCap for all the hard work you do for this industry.