Unibot
Introduction
One of the major complaints about crypto is that the user experience (UX) is unintuitive and clunky. Moving funds from bank accounts to non-custodial wallets is a cumbersome multi-step process. Once funds have arrived on-chain, trading on decentralized exchanges (DEX) has its issues with giving token approvals and manually trading tokens at the market price. On-chain limit orders or stop-losses have previously been nonexistent for DEX traders, making it difficult to trade profitably. Unibot ($UNIBOT) is a new telegram-enabled app that helps alleviate these problems, improving the UX for crypto traders while bringing them functionality more in line with centralized exchange trading.
Investment Thesis:
The investment thesis for Unibot is predicated on three main points:
- Product-Market Fit
- Strong Tokenomics
- Valuation & Growth Potential
Product-Market Fit
Decentralized exchanges have lagged centralized exchanges in terms of functionality and user experience. Swapping tokens on Uniswap is a manual process with no ability to set limit orders or stop-losses. Users have to browse poor mobile user interfaces in their MetaMask wallets, and token launches frequently get bought up by trading bots.
Unibot’s product is alleviating the forementio...
