The Ultragate Coin (ULG) is a well-decentralized network of Masternodes without superfluous control and intermediaries/gatekeepers with more than 60% of the MN Block reward and 40% of the POS Block reward. It also offers lower transaction fees, faster confirmations, and limited supply for a faster increase in value. The Masternodes are constantly connected to the network & perform certain tasks, this allows the transaction to get more and faster confirmations. Masternodes are full nodes that run 24/7 and require collateral of 50,000 ULG Coins. In exchange for providing this service and locking up the coins which effectively reduce supply, the Masternode owner is rewarded a portion of the block rewards. The portion of the block rewards earned is variable which increases over the period.