UBCOIN : THE BEST PLATFORM TO EXCHANGE YOUR GOODS INTO CRYPTO

in #ico • 7 years ago

What is Ubcoin Market?
Ubcoin Market is a blockchain project developing a smart ecosystem for easily investing and exiting cryptocurrency by buying and selling goods and services. Ubcoin Market was founded by the same team that founded Ubank, the leading mobile payments app in Eastern Europe that, as of today, has 2.5 million active users , more than 16 million downloads around the world, and has been pre-installed by Samsung and Fly.

The Ubcoin Marketplace is not a greenfield project, but an extension of the Ubankmobile app:

  • A matured company, existing since 2009
  • Our current product, Ubank, has over 16 million installations worldwide
  • We consist of 50+ developers, top management and advisor talentUbcoin will enhance and reinvent existing product value proposition
  • Samsung and Fly pre-install our current product on all smartphones, sol d in 10countries of Eastern Europe and Central Asia, including flagship Galaxy 9

The token sale seeks to raise financing to expedite development of Ethereumblockch ain-based smart contracts, of AI-based screening and KYC technology, and to fund global expansion. Ubank app’s unique distribution model through pre-installation bymanufacturers will be scaled to new geographies.

Problem Statement
Presently, tens of mil lions of people legitimately own cryptocurrencies. Hundred s of millions around the world are aware of cryptocurrencies and would like to obtain them.Many view crypto as a means of investment with stunning returns, and others seekbenefits of seamless digital transactions and new business opportunities afforded byblockchain technology.

Mass adoption of cryptocurrencies is inevitable and imminent. The cause and credit is owed to many trail-blazing entrepreneurs and visionaries, including the source of ourinspiration and object of deepest respect, Telegram. The moment of mass adoption will definitely come sooner rather than later. Consumers need a simple, fast and safe meansof obtaining digital currency.

Vision
Many people want a simple and safe way to obtain a stake in cryptocurrency, but do not know how. They are not miners, not speculators, just individuals who see added value in investing in cryptocurrency. The number of cryptocurrency owners is projected to increase from a current 22 million to over 200 million by 2020.

Yet these same people are very comfortable with buying and selling on Ebay, Amazon,WeChat, Etsy, Taobao and the like. In 2016, marketplaces accounted for 44% of the world’s $2.44 trillion spent online in 2016.
Cryptocurrency wallets are primarily concentrated on mobile devices, with over 65% of wallets being mobile. Global smartphone penetration is projected to reach 37% by 2020.
Global population of digital buyers will surpass 2 billion people by 2020.

Ubcoin Marketplace Product

  • Cryptocurrency mass adoption
    We promote mass adoption of digital assets that are both a means of settlement and an investment vehicle, thereby enlarging benefits for all parties to everyday buy-and-sell interactions.
  • Peer-to-peer interaction
    Cut out as many intermediaries from the value chain, as possible. The platform facilitates smart contract execution between independent parties. The Ubcoin Marketplace does not own any goods for sale, it is not biased in its search results, and protects fairness of smart contracts.
  • Legal marketplace
    We pay special attention to ensuring the legitimacy of goods and services sold on the Ubcoin marketplace. We are developing an advanced AI technology to help pre-screen seller postings for any potential infringements of reason, morality, safety and due care. Seller profile transparency and verification will be strongly encouraged and promoted.
    Decentralization of transactions and settlements
    Blockchain allows for decentralized initiation, settlement and fulfillment of transactions. Payments are immediate upon performance under carefully crafted smart contracts.
  • Impeccable interface
    Our interface design brings a harmonious and seamless experience of buying and selling goods globally. We will strive to open our API to the community in order to develop the best adaptation of the platforms for specific local needs of the global community.
  • Open community
    Some transactions may, in the future, require additional KYC/AML procedures for execution of smart contracts for certain types of deals involving third-party providers (i.e. delivery companies, couriers, notaries). Ubcoin platform envisions seamless engagement of these parties.

Technology
The Ubcoin Platform applies blockchain technology to create, manage, and operate tokenized cryptocurrency. The platform operates on Ethereum-based smart-contracts.
Platform structure. Architecture scheme.

Basic system modules:

  • Authorization service Ubcoin-ID;
  • Billing system (wallet management, deposit/withdrawal, internal transactions);
  • Anti-fraud system (AI, internal regulations, ML);
  • Ad platform (placement and management, premium functionality, catalogue and search);
  • Auction platform (auction placement and management);
  • Transaction management system (holding of funds, transaction confirmation, transaction history);
  • Moderator and system administrator office;
  • Customer support and arbitration system.

3 Reasons Why You Need To Invest In Ubcoin.

  • UbcoinMarket is a new strategic feature of Ubank — a company that has been around since 2009, a leader in mobile finance in Eastern Europe.
  • Ubank Mobile App has over 16 million installations worldwide. It’s exclusively already installed on all Samsung and Fly smartphones, including Galaxy S9.
  • ICO will raise funds for UbeetMarket’s rapid development and global expansion. You will be the person who builds new markets.

Ubcoin Platform Features
Before describing the Ubcoin features It must be noted that Ubcoin application was developed as a logical step in the development of Ubank, a popular mobile payments application in Eastern Europe.

  • Possibility to process seamless digital transactions afforded by blockchain technology;
  • Direct manufacturer-to-customer interaction thus more attractive pricing for buyers and sellers;
  • Pre-screening engine for product descriptions, content and user reviews;
  • Enhanced search engine based on geography, ratings, reviews, prices, and product descriptions;
  • Fast conversion between crypto and fiat currencies in the process of buying/selling goods;
  • Transparent and secure transactions due to smart contracts facilitating peer-to-peer interactions;
  • Convenient tools for sellers and buyers which include: managing, promoting and targeting sale posts, statistics section, payment management screens, seller's and buyer's cryptowallets, saved favorites, smart search and recommendations engine etc.

Token Sale
Maybe you ever heard about Amazon Sale or eBay Sale for some products, right? Ubcoin also has sale, but this is the Token Sale. This Ubcoin Sale creates for funds the project launch and development. The Token Sale of Ubcoin requires to investing more than 50 ETH to pass their KYC (Know Your Customer) checks. You can do registration in such simply way. Send one of your pieces of ID e.g. driver license or passport, telephone number, residence address and email. There are many details of token in Ubcoin that you must know.

Token details
Token Name: UBCoin
Token Symbol: UBC
Token network: ERC20
Maximum supply: 4 billion tokens
Soft cap: $2 million
Hard cap: 179 thousand ETH (approx. $68 million @ ETH = $380)

Token Supply Distribution
The maximum supply of tokens in Ubcoin will be allocated as below :

  • 3% discount for community rewards. There are 120 000 000 tokens max for this discount
  • 4% discount for advisors and bounty. There are 160 000 000 tokens max
  • 5% discount of 200 000 000 tokens for limited private pre-sale
  • 12% discount for team allocation with tokens max 480 000 000
  • 31% discount of 1 240 000 000 tokens max for reserve pool
  • 45% discount for 1 800 000 000 tokens max for public placement (ICO)

Limited Private Pre-Sale
This token pre-sale is specific for investors who want to contribute 5 ETH or more. Email your full name, amount of your contribution and your email address to Ubcoin’s email address. But this private pre-sale was already ends in March 31th 2018.

Public Token Sale
Ubcoin token sale for public will be offered in several stages. In this year, Ubcoin call this period of public token sale as Initial Coin Offering (ICO).
Stage 1 : Begins in April 2th 2018 and had ends in April 21th Discount amount of this token sale is 29%.
Stage 2 : Begins in April 22th 2018 and will end in May 11th Placement price of 1 UBC = 0.0001 ETH (1 ETH = 10 000 UBC). Discount to Token Sale price is 20%.
Stage 3 : Begins in May 12th 2018 and will end May 31th 2018 for 1 UBC = 0.0001041667 ETH where 1 ETH = 9 600 UBC and discount to token sale price is 17%.
Stage 4 : Begins in June 1th 2018 and will end in June 20th The placement price of this stage open at 1 UBC = 0.0001086957 ETH where 1 ETH 9 200 UBC with the discount to token sale price 13%.
Stage 5 : Begins in June 21th 2018 and ends in July 10th Discount amount of this public token sale is 7%.
And Stage 6 will begins in July 11th 2018 and ends in July 14th 2018 for placement price 1 UBC = 0.000125 ETH (1 ETH = 8 000 UBC)

For More Information :
Website: https://ubcoin.io/
Whitepaper: http://doc.ubcoin.io/whitepaper.pdf?v1
Facebook: https://www.facebook.com/ubcoinmarket/
Twitter: https://twitter.com/ubcoin
Telegram: https://t.me/ubcoin
Medium: https://medium.com/@ubcoin
My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1305006

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7 years ago in #ico by
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