UBT Token

Universal Business Token
Economics

UBT is not a new token launch. It has been circulating since 2018 with a fixed supply of 150 million. The planned ProofMatter Proof-of-Execution protocol is designed to give UBT renewed utility — through staking, proof fees, governance, and credit backing.

Read the ProofMatter Infrastructure Paper (Coming Soon)

Note: The token mechanics, fee parameters, and economic model described on this page reflect the planned design of ProofMatter, the Proof-of-Execution protocol currently in development with public testnet planned for Q3 2026. All figures are indicative and subject to change.

UBT at a glance

Established token with a proven eight-year track record. Fixed supply and a utility-focused protocol architecture designed with regulatory awareness.

150M Fixed Supply
ERC-20 Ethereum Mainnet
Since 2018 Circulating
Utility Protocol Access Token
100% Public Distributed via 2018 ICO
1,000 Credits per UBT (indicative)

How protocol fees flow

Every time a proof is generated on the network, UBT is consumed. Protocol fees are split across four destinations — burn, validators, treasury, and credit backing.

20%
Burned
Permanently removed from circulation. Each proof contributes a small portion of fee to the on-chain burn — a protocol-defined mechanism enforced per transaction.
30%
Validators
Distributed to active validator nodes as rewards for honest proof attestation. Validators must stake UBT to participate.
20%
Treasury
Protocol development fund — covers audits, infrastructure, grants to ecosystem builders, and long-term protocol sustainability.
30%
Credit Backing
Protocol reserve supporting the operational stability of the Proof Credit system over time.

UBT Protocol Activity

Every use case that generates proofs on the network feeds the same protocol activity. Adoption produces proofs, proofs consume UBT through protocol-defined token flows, validator attestations build trust, trust enables further use cases.

More Adoption
More enterprises and AI systems use the protocol for compliance proofs, ESG reporting, supply chain, and agent attestation.
More Proofs Generated
Each proof consumes Proof Credits. Credits are backed by UBT deposited on Ethereum and consumed on Optimism L2.
Protocol Fees in UBT
Protocol fees are taken in UBT on each proof. 20% is burned, 30% goes to validators, 20% to the treasury, 30% to credit backing.
Fixed Supply, On-Chain
150M fixed supply with no new minting. The supply ceiling is absolute and enforced on-chain. Burns are recorded and verifiable per block.
More Trust
Denser validator coverage means higher Trust Level proofs — which opens more assurance-sensitive use cases and supports further enterprise adoption.
Better Verification
More validators mean faster, more diverse proof attestation — increasing reliability and unlocking higher Trust Level classifications (TL3, TL4).
More Validators
Validators stake UBT to earn 30% of protocol fees. Growing proof volume may increase validator participation.
Continued Activity
Adoption produces proofs. Proofs consume UBT via protocol-defined token flows. Validators are allocated their share. Protocol activity may expand as additional integrations, validators, and templates are adopted over time.
Adoption → Proofs → Protocol Token Flows → Validators → Trust → Adoption

Enterprises don't need to hold UBT

SPO Consulting operates a managed credit pool — enterprises pay in EUR, the operator acquires UBT on-market and converts to Proof Credits. Enterprise adoption increases protocol activity and Proof Credit usage even when clients never touch a token directly.

Enterprise pays EUR
Client contracts with SPO Consulting. Pays a subscription or per-proof fee in EUR via standard invoice.
Operator buys UBT
SPO acquires UBT on the open market as part of the protocol credit workflow, proportional to enterprise proof volume.
UBT → Proof Credits
UBT is bridged to Optimism L2 and converted to Proof Credits at 1 UBT = 1,000 credits (governance-adjustable).
Proofs generated
Enterprise generates cryptographic proofs. Each proof consumes credits. 20% of the underlying UBT fee is burned permanently.

The fiat onboarding model means that every enterprise client — regardless of their crypto familiarity — participates in the protocol's on-market UBT acquisition and fee flow. Enterprise adoption and token utility are not separate tracks; they are the same track.

Four functions of UBT

UBT has distinct, non-overlapping functions within the protocol. Each is a requirement for normal protocol operation — not optional.

Staking & Validation

Validators must stake UBT to participate in proof attestation and earn fee rewards. Honest validation is rewarded; dishonest behavior results in stake slashing.

Stake parameters to be defined at protocol launch.

Proof Generation Fees

UBT is consumed when generating cryptographic proofs via the Proof Credit system. One UBT converts to 1,000 Proof Credits; each proof type has a defined credit cost.

Fee split: 20% burned / 30% validators / 20% treasury / 30% credit backing

Protocol Governance

UBT holders participate in on-chain governance decisions — including Trust Registry management, credit exchange rates, fee parameters, and protocol upgrade proposals.

v1: SPO multisig governance · v2: UBT token voting (planned)

Credit Backing

30% of all protocol fees flow into a reserve that supports the operational stability of the Proof Credit system for enterprises relying on predictable proof costs.

Credits are non-transferable protocol units; UBT is the underlying reserve asset

UBT has been trading since 2018. The links below are provided for informational convenience — they are not endorsements or trading recommendations.

Regulatory Notice Utility Token

UBT (Unibright Token) is a utility token providing access to the Unibright protocol ecosystem. It is not a security, financial instrument, share, bond, or investment product. UBT is designed as a functional component of the protocol — used for staking, proof fees, governance, and credit backing.

The descriptions of UBT mechanics on this page — including fee distribution, staking, burning, and economic design — describe the functional design of the protocol. They do not constitute promises of returns, profit, or price appreciation. Nothing on this page is financial advice or a recommendation to acquire, hold, or transfer any digital asset.

ProofMatter, the Proof-of-Execution protocol, is in active development. Features, specifications, and token economics described here reflect current design intent and may change. Smart contracts have not yet been deployed to mainnet or fully audited.

Read full disclaimer →

Explore the protocol

Learn how Proof-of-Execution creates the demand that drives UBT utility — or get in touch to discuss enterprise access.

Read the Infrastructure Paper (Coming Soon) How Proof-of-Execution works → Contact the team