panjilaras: Ubcoin Market ICO

Ubcoin market

Ubcoin Marketplace is a worldwide Ebay-like peer-to-peer marketplace where everyone can safely and seamlessly sell or purchase a result or a help for cryptocoins. Ubcoin Marketplace is a global mobile marketplace for buying and selling real world goods for cryptocurrency. Its main goal is to bring 200 million new retail investors to crypto by eliminating all fiat obstacles on the way to crypto.

ABOUT UBCOIN MARKET

Ubcoin Marketplace is a global mobile marketplace for buying and selling real world goods for cryptocurrency.

The number of cryptocurrency holders is projected to increase nearly 10-fold, from the current 22 million to 200 million worldwide by 2020. The simplest way to become an owner of cryptocurrency is by selling goods for crypto. This approach will drive mass adoption in the coming years.

Capitalization of the cryptocurrency market is around $400 billion. There is a great demand to spend that wealth by buying real world goods for crypto.

Nearly half of all online buying and selling activity now occurs in marketplaces, while mobile commerce will soon surpass web commerce as global smartphone penetration reaches 37% of world’s population by 2020.

THE UBCOIN MARKETPLACE IS NOT A GREENFIELD PROJECT, BUT AN EXTENSION OF THE UBANK MOBILE 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 talent,

Ubcoin will enhance and reinvent existing product value proposition,

Samsung and Fly pre-install our current product on all smartphones, sold in CIS,

including flagship Galaxy 9.

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

FEATURES

The new Ubcoin features of Ubank app include the following:

Storefront Section:

• Product categories screens;

• Product description screens;

• Smart-search engine with relevance algorithms based on search string, geography, product descriptions, user reviews and ratings, and prices;

• AI-based engine for pre-screening user posts, product descriptions, visual and video content.

Seller Account Management Section:

• Easy-to-use tools for creating and managing sale posts;

• Tools for promoting and targeting posted ads;

• Ad stats (views, clicks, conversions, reviews etc.);

• Terms of sale and payment management screens;

• Seller’s cryptowallet;

• Review management screens;

• CRM

Buyer Account Management Section:

• Saved favorites and previous searches;

• Buyer’s cryptowallet;

• Purchasing history;

• Smart recommendations engine based on previous searches and purchase history;

• Purchase review management tools.

TOKEN

ICO will be held from 2 April till 27 August.

Token: UBC

name: UBCoin

TOKEN DISTRIBUTION

31% Reserve Pool 201 500 000 tokens max

3% Community Rewards 19 500 000 tokens max

4% Bounty Advisors 26 000 000 tokens max

12% Team Allocation 78 000 000 tokens max

45% Public Placement (ICO) 292 500 000 tokens max

5% Limited Private Pre-Sale 32 500 000 tokens max

LONG-TERM TOKEN VALUE

Native to ecosystem

Proprietary UBC tokens power our peer-to-peer marketplace ecosystem. Smart contracts will not accept any other cryptocurrency.

Fee discounts

UBC token holders will receive discounts on fees. Discounts will be linked proportionally to the size of their UBC holdings. This generates an incentive for clients to buy and hold UBC.

Token buyback program

Up to 10% of Ubcoin’s net operating profits are diverted to a token buyback program in order to promote the stability of the UBC.

Reserve pool

A significant portion of tokens will be set aside for growing business, and to ensure that no new tokens enter into circulation at prices lower than the prices during the initial Token Sale.

Anti-dumping measures

Strong anti-dumping prevention mechanisms.

Token burn program

5% of Ubcoin fees from user transactions are burned to reduce the token supply as business grows.

Roadmap

March – May 2018

Conduct Limited Private Pre-Sale and Token Sale

2006 – 2011

NaviFon launch – mobile navigation application. Utalk launch – crossplatform messaging client. Preinstallment agreement with Samsung. Ubank trademark registration.

June 2018

Beta Ubcoin Marketplace developed for existing Ubank app

2013 – 2014

Ubank launch. Preinstallment agreement with Fly. Ubank raised $8 million investment from Runa Capital, leading Russian venture investment fund. More than 3 million users. Preinstallment agreement with Huawei.

Aug 2018

Larger development team is formed Beta smart-contract platform developed Support & veribication team formed

2015 – 2017

Strategic partnership with MDM Bank. Co-branded card launched. Ubank financial marketplace model launched. 6.1 million downloads of Ubank app on GooglePlay. Strategic partnership with Sovcombank. 12 million downloads of Ubank app on GooglePlay.

Sept 2018

Beta-testing of MVP through existing app distribution channels with leading smartphone manufacturers

2018 – WE ARE HERE

Beta smart-contract platform developed. Support and verification team formed. Beta-testing of MVP through existing app distribution channels with leading smartphone manufacturers. MVP launch in Eastern Europe. Basic KYC framework developed.

4 Q 2018

MVP launched in Eastern Europe Basic KYC framework developed

Q1, 2019

Full version of the app launched in Eastern Europe. App distribution agreements extended to additional regions. Beta open API developed.

1 Q 2019

Full version of app launched in Eastern Europe App distribution agreements extended to additional regions Beta Open API developed

Q2, 2019

Launch in Middle East and South Korea. Beta AI-screening developed.

2 Q 2019

Launch in Middle East and South Korea Beta AI-screening developed

Q3 2019

Launch in South East Asia and South Asia. Open API available for developers.