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Thursday, May 31, 2018

UBCOIN


What is Ubcoin? 

The Ubcoin is a first of its kind crypto-goods person to-person exchange that is using marketplace platform so that anyone can safely and instantly sell any good’s and become cryptocurrency holder or buy any good’s and forget about getting fiat money first.


Executive Summary 

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 $300 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 

     10 countries of Eastern Europe and Central Asia, 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. 



Problem Statement 

Presently, tens of millions of people legitimately own cryptocurrencies. Hundreds 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 seek benefits of seamless digital transactions and new business opportunities afforded by blockchain 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 our inspiration 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 means of obtaining digital currency.

Capitalization of cryptocurrencies fluctuates around $300 billion. Yet the governments, banks, and international payment systems around the world drag their feet in establishing clear rules of regulating crypto transactions to enable law-abiding citizens buying and selling physical goods using their digital assets. A large portion of $300 billion is ripe for spending - conversion into physical assets.

The goal of our company is to empower consumers around the world to invest in crypto and to enjoy the purchasing power of their crypto investments by creating a Ubcoin digital marketplace where they can freely and securely buy and sell goods for cryptocurrency. 



Vision 

1. 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.
2. 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.
3. 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.
4. Global population of digital buyers will surpass 2 billion people by 2020. 



Mission 

is to help solving a global problem of buying and selling cryptocurrency by removing an interlayer of fiat money controlled by regulators and replacing it with fisical goods.


Advantages of investing 

pp is already developed and exclusively pre-installed on all Samsung and Fly smartphones, including Galaxy S9. Official contracts signed.

We are a mature company with leading banking platform which is called UBANKmobile App already has over 16 million installations worldwide. Check our GooglePlay and AppStore.
 


Token Details 

•  Token Parameters
•  Token Supply Distribution
•  Limited Private Pre-Sale
   The limited private token pre-sale is exclusive to investors wanting to 

   contribute 5 ETH or more. To be a part of the private sale you must email 
   hello@ubcoin.io with your full name, contribution amount in ETH and your 
   email address. We will respond with a few simple auditing questions. Once 
   verified, we will then add your address to the whitelist within the smart 
   contract so that your contribution is accepted. The private pre-sale has an 
   exclusive token sale rate. Allocation is done on a first-comefirst-served basis 
   for a total maximum lot of 200 000 000 tokens. Contact us at 
   hello@ubcoin.io for more details, or join us on Telegram and direct message 
   one of  the team members for more information.
•  Public Token Sale Details
   Tokens will be offered to the public in three stages within general terms of 

   UBC token sale. Each stage differs only in terms of placement price per 
   token. 


Funds Allocation 

Current use of funds is envisioned as set out below:




 
Roadmap 



Team  

The team behind Ubcoin has been working together since 2009. It currently numbers 50+ developers and top management and advisor talent. We fearlessly focus on turning new technology into widely-adopted customer experience.


Contact us  
_____________________________________________________________________ 

FACEBOOK  | TELEGRAM | WHITEPAPER | TWITTER | WEBSITE | BITCOINTALK | MEDIUM  _____________________________________________________________________

Author 
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