# Unit Network > Pioneering a New Era of Token-Based Economy Unit Network is a blockchain platform for creating and managing token-based communities and decentralized economies. Unit Network is a blockchain platform for creating and managing token-based communities and decentralized economies. Users can launch tokens, build community ownership models, and manage digital assets without coding. The platform supports individuals, businesses, and groups in organizing and operating their own decentralized systems through accessible tools and infrastructure. - Type: Network - Sector: Blockchain Platforms - Status: Active - Founded: 2019-01-01 - Profile: https://thegrid.id/profiles/unit_network ## Products - [Unit Network](https://thegrid.id/profiles/unit_network): Unit Network is a Layer 1 blockchain supporting token creation, decentralized exchange functionality, crowdfunding mechanisms, and banking services. The system enables tokenization of real-world assets while maintaining treasury-backed token value through reserve asset integration. (L1, Live, Main Product) - [Unit Exchange](https://thegrid.id/profiles/unit_network): Unit Exchange provides decentralized trading functionality within the Unit Network ecosystem, enabling peer-to-peer token transactions with automated market making capabilities. Trading fees that contribute to the UNIT treasury system. (Decentralised Exchange, Live) - [Unit Crowdfunding](https://thegrid.id/profiles/unit_network): Unit Crowdfunding enables individuals and businesses to raise capital through token sales and community-driven funding mechanisms. The platform connects fundraisers with global networks while supporting both local and international investor participation. (Launch Pad, Live) ## Assets - [Unit Coin (UNITCOIN)](https://thegrid.id/profiles/unit_network): UNITCOIN is the utility token of Unit Network, a Layer 1 blockchain built with Substrate. It is used to incentivize node operators and participants to maintain network integrity and stability, pay transaction fees, and serve as a reserve for acquiring and backing other tokens in the ecosystem. The token is supported by an extensive range of cryptocurrencies deposited in the UNIT treasury, ensuring real, transparent value and serving as a comprehensive index of the crypto economy. (Native) - [USDU (USDU)](https://thegrid.id/profiles/unit_network): USDU is a stablecoin backed by a basket of cryptocurrencies including Bitcoin, Ethereum, Polkadot, and Solana on Unit Network. It is used for transactions and as a trading pair for other platform assets. Users deposit cryptocurrency to mint USDU, with the deposited assets held in the USDU Bank to collateralize the stablecoin, allowing the network to maintain over-collateralization through diverse digital asset reserves. (Stablecoin) ## Links - [Main](https://unit.network) - [Documentation](https://docs.unit.network) - [Privacy policy](https://docs.unit.network/resources/privacy-policy) - [Terms of Service](https://docs.unit.network/resources/terms-of-service) - [Media Kit/branding](https://docs.unit.network/brand/media-kit) - [Twitter / X](https://x.com/theunitnetwork) - [Telegram](https://t.me/UnitNetwork) - [LinkedIn](https://linkedin.com/company/theunitnetwork) - [Instagram](https://instagram.com/unit.network) - [YouTube](https://youtube.com/@UnitGlobal) - [Facebook](https://www.facebook.com/theunitnetwork) - [Discord](https://discord.gg/UnitNetwork) - [LinkedIn](https://linkedin.com/company/theunitnetwork) - [Twitter / X](https://x.com/theunitnetwork) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. 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