The future of Crypto Economy
With the cryptographic money advertise capitalization achieving $500 Billion USD and anticipated that would reach $1 Trillion USD by 2020 if not sooner, it is winding up increasingly clear that the adjustment of digital forms of money as a medium of put away esteem is achieving the standard market. With the improvement of decentralized applications and progressively mass adjustment of cryptographic forms of money, the requirement for less expensive and secured applications request will be seen ascending inside the predictable future. Market members will request a more helpful and expedient method for using their advanced resources in their everyday lives. Customary managing an account benefit as we probably am aware it will be out of date so as to come furthermore, will never again be pertinent in giving budgetary administrations to the standard market. The way organizations are done will be changed everlastingly with the utilization of shrewd contracts on the blockchain. Trust less exchanges will be the name of the diversion in any organizations in the coming future.
What is Ubonium?
Ubonium is a money related innovation organization with its Headquarters in the monetary region of London, Joined Kingdom. Ubonium was established at the very tallness of the blockchain innovation transformation through the celebrated innovation, for example, Bitcoin Technology. Since Bitcoin, there has been various other blockchain innovation and crypto coins known as altcoins presented in the blockchain biological system at a extraordinary rate. By the by, this made like never before a requirement for a thorough and powerful innovations to adjust a helpful method for incorporating the development and capacity of computerized resources in the blockchain environment in a helpful and secure way.
How does UBONIUM ecosystem plays an important role?
Now that users acquire cryptocurrencies, how do they utilize or move them to their intended destination securely, conveniently and more importantly in a more cost-effective way? Serving these users not only require a robust mechanism but a complete and comprehensive blockchain network that lives side by side with traditional mechanisms which can complement each another. Most proposed blockchain payment systems claims to have innovated payment systems that ensures instant transactions on the blockchain for their users but fails to address an important factor: the congestion of blockchain network and the slow adaptation of cryptocurrencies by some receiving ends.
Ubonium’s solutions applies the evolution theory, that is any technology must have an evolution period and during this period, it must co-exist together with traditional system until the new technology is fully adapted into mainstream. This ensures the application of Ubonium’s product and services in real cases at multi-level of the financial system.
Important Product of Ubonium
Ubonium's item and administrations is additionally intended to be versatile to the developing blockchain innovation also, changing administrative system and having considered this predictable development in every one of its advancements, Ubonium's item and administrations will have an economical future and will remain more applicable in the blockchain biological system Since clients secure cryptographic forms of money, how would they use or move them to their proposed goal safely, helpfully and all the more critically in a more practical manner? Serving these clients require a powerful system as well as an entire and far reaching blockchain arrange that lives next to each other with customary instruments which can supplement each another. Most proposed blockchain installment frameworks cases to have improved installment frameworks that guarantees moment exchanges on the blockchain for their clients yet neglects to address an imperative factor the clog of blockchain arrange and the moderate adjustment of cryptographic forms of money by a few getting closes. Ubonium's answers applies the development hypothesis, that is any innovation must have an advancement period and amid this period, it must coincide together with conventional framework until the new innovation is completely adjusted into standard. This guarantees the use of Ubonium's item and benefits in genuine cases at multi-level of the monetary framework.
Introduction to ETCF Market Platform
Ubonium, uses the blockchain technology to disrupt the traditional financial services for ETF by introducing ETCF or Exchange Traded Crypto Funds on its ETCF Market Platform. This trading platform allows cryptonized exchange traded funds or better known as ETCF’s, allowing investors to own passively managed diversified funds in a single basket carried by a crypto token such as UBO Super Crypto 10 and many more. This decentralized ETCF Market Platform allows investors to pick and choose their preferred fund and purchase it with their desired quantity and pay for it in cryptocurrencies.
The introduction of the ETCF Market Platform will enable fund management companies, private investment companies and wealth management companies to explore the opportunity to invest in an ETF-like cryptonized digital assets for exposure into cryptocurrencies. The ETCF’s low volatility nature will be a likely attracting factor to this companies.
Comparing traditional ETF and ETCF on the blockchain technology
Benefits of ETCFs
ETCF investing reduces the risks associated in investing in a highly volatile and fairly young crypto currencies eco system. Daily price changes of crypto currencies can be quite volatile and may be hard to stomach for most people. As the adage goes to say “never put all your money in a single basket” is still relevant today in the investment world. But now with ETCFs anyone can diversify his or her investments in crypto currencies by buying into a basket of crypto currencies of various types instead of investing in individual cryptos thus reducing their risk significantly.
Any individual crypto currency can be expansive for a beginner or even a seasoned investor and a market correction of a single crypto currency can have a devastating impact to its holder. However, when invested in ETCF that holds a basket of crypto-currencies, negative exposure of a crypto currency in that particular basket will have minimum or no impact on the overall fund value.
Among other benefits holding ETCF funds notably, you will only pay trading fees once when you buy and when you sell the entire fund. Unlike individual cryptos, where you will have to pay the exchange fees every time you buy or sell. This makes the ETCF much affordable to maintain. For UBO token holders, they do not have to pay any trading fees when they buy or sell the ETCF at Ubonium trading platforms.
Introduction to UBOPAY
Ubopay is a proprietary mobile payment system developed and managed by Ubonium.UBOPAY is a hybrid mobile
payment application, in that it supports both user’s local currency of choice and payments in cryptocurrencies :
- Pay anyone, anywhere and anytime instantly
- Transfer between UBOBANK and UBOCARD with no cost
- Simple and easy but powerful application
- Auto-select function to use Local currency or Crypto autonomously
- Highly secured transactions
- Manage your UBOCARD
- Instant transactions
- Buy or Sell Crypto coins direct from UBOPAY
- No limits on transaction volume
- Integration with third-party payment gateways
- Contactless payment options – NFC/QRC
- Anyone can download UBOPAY App to their phone and start using it immediately
- Use UBOPAY as your main account. Receive and make payments, set up direct debits, shop online and in person - all with one account.
Token Structure
- Token Name : UBOCOIN
- Token Symbol : UBO
- Function : Exchangeable Utility Tokens
- Token Sale Start Date : 1 March 2018
- Token Sale Close Date : 10 May 2018
- Cost of per UBO Token : 0.001 ETH
- Token Type : ETHEREUM
- Smart Contract : ERC20 & ERC223 STANDARD COMPLIANT
- Softcap : $3,500,000 USD
- Hardcap : $60,000,000 USD
- Terms of Token : 70 Days max, may finish early if there is an automatic early completion of token sale
- Maximum issues of UBO Tokens : 300,000,000
- Unsold Tokens : All unsold tokens will be destroyed automatically and Permanently
- Secured way to purchase tokens : ETH, BTC, LTC, BCH, XRP, DASH & FIAT PAYMENTS
Roadmap
Founders, Advisors & Team Member
Detail Information
Website : https://www.ubonium.com/
Whitepaper : https://drive.google.com/file/d/1K1yStOltj5ts8tcb-48v0Aq212HIz3D0/view
Twitter : https://twitter.com/ubonium
Facebook : https://www.facebook.com/ubonium
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1640802