It is very evident that the next technological revolution is the blockchain technology through its massive adoption rate amongst most global industry. This can also easily be proven by the vast amount of people in possession of crypto assets, but even at this, several number of people are still willing to be among the technological advancement by making investments in it while the rest looks forward to its adoption in the digital transaction processing.
These reasons are enough to prove that blockchain technology will soon be globally adopted and that its still at its very stage of infancy with a very big space of expanding in the nearest future.
But as promising as crypto industry seems to be, there remains a big problem which has been a major source of setback for its progress, this is the problem of cryptocurrency assets acquisition which makes it difficult for investors to get a reliable platform for purchase of crypto assets and exchange too.
22million current holders of cryptocurrency has been reported globally which seems to be increasing on a daily basis and also, a prediction has been made that this number will increase to over 200 million in the year 2020.
Buying and selling of goods on established platforms like Ebay, WeChat and Amazon ha recorded 44% of online trading and this online trading has also been reported to increase to 2billion people transactions by end of the year 2020.
This then calls for a need to create a global platform which will create an avenue for the selling of goods and services in exchange for cryptocurrencies and also the exchange of these cryptocurrencies for the purchase of physical goods.
Introducing UbCoin Market
UbCoin company was founded in the year 2009 and is devoted to empower consumers by allowing them make use of crypto potentials by making crypto investments and purchases using cryptocurrencies.
This company is well known for its current product (Ubank) which is in no doubt among the leading mobile payment applications present in the Eastern Europe and it has more than 16million users globally.
The creation of UbCoin digital marketplace is to bring an end to the problems being challenged by crypto investors and online buyers by creating an avenue for free buying and selling of goods with maximum security.
The platform is based on the Ethereum blockchain and will allow peer-peer smart contracts which will allow safe and easy buying and selling of goods online.
This methodology adopted by the platform will ensure the following;
Chance for sellers to accumulate cryptocurrencies for their goods which will increase the rate of crypto adoption
Chance for buyers to explore the full cryptocurrency potentials through using it for goods purchase and also exchange of crypto assets to local currencies.
Stress-Free, Safe, efficient and transparent transactions by smart contracts which is also decentralized.
The features of UbCoin platform are listed below;
- Adoption of cryptocurrency
- Legal marketplace
- Open community
- Impeccable interface
- Peer-peer interaction
- Transaction and settlements decentralization
The required funds for the running of the platform will be from its Initial Coin Offering (ICO).
Investors of the ICO will have their funds secured and interest guaranteed because the team behind the project are group of professional individuals and has recorded a past history of successful projects such as;
- Creation of Navifon which is one of the best navigation software.
- Development of Ubank application with over 16million users.
- Launching of uTalk which was the first aggregator of social networks
This project is supported strongly by Samsung, Fly and Runa Capital.
TOKEN DETAILS
Token name : UBcoin
Token type : ERC-20
Token symbol : UBC
Total supply; 4,000,000,000
An equivalent 5% of every UBC fee paid will be burned each time a fee is been paid through the token which in conjunction with the demand rise via the usage of Ubcoin marketplace, will cause continuous increase in value of the token.
TOKEN DISTRIBUTION
ROADMAP
TEAM
For more information, check the links below;
Author bitcointalk username; amusanmikel
Author bitcointalk link; https://bitcointalk.org/index.php?action=profile;u=1779827