Limitless

Assets that are issued on a blockchain are generally limited by a finite supply, often termed “Total Supply”.

Total supply is the total amount of tokens or coins in existence right now, minus any coins or tokens that have verifiably been burned for a particular cryptocurrency. Total supply exists to maintain a certain asset value and is primarily related to a cryptocurrency’s monetary policy and value control.

The total supply is usually fixed, as the Smart Contract protocol of a blockchain makes it difficult to allow the issuance of an unlimited number of coins.

An effective financial system often need to adjust the supply of assets / currency.

UPCX solves this problem by allowing UPCX users to set the overall issuance amount to be either limited or infinite.

Setting the total issuance amount to infinite, which allows unrestricted asset issuance, is called “Limitless” in UPCX.

Users who issue limitless assets will only issue as many assets as they need at the time of initial issuance.

Then, if the asset is widely distributed and more assets are needed, the asset issuer can issue more assets as desired.

If the asset issuer wishes to limit the maximum issuance amount to maintain a certain value, the “Limitless” setting can be removed, and the desired maximum issuance amount can be set.