Hello guyz! I introduce Ubcoin Market as a project developed by the Ubank team. This platform has been operating since 2009 and already has many specific developments. Ubcoin is Ebay-like peer-to-peer marketplace.
Its main goal is to bring 200 million new retail investors to crypto by eliminating all fiat obstacles on the way to crypto.
The Digital Market
Digital content market continues to grow at an incredibly amazing rate over the last decade. This market is expected to reach about US$549 billion in revenue by 2019, growing at an impressive 13.73 percent. Digital content is a complex term, which could mean several things such as crypto transaction made available for distribution and download application on electronic media. These digital contents are mostly distributed by digital content application agencies who acquire these resources from the original producer and then make it available for the public.
The wave of blockchain technology is sweeping across every sector bringing about many improvements in the way we do things. One of such area where blockchain technology could be of much help is digital content market. The major problem that faces this market is the issue digital content distribution. Digital content agencies which act as middlemen between producers of these digital contents and their customers take undue advantage of this situation by profiting so much from this activity at the very extent of the producers and buyers of these digital contents. They do this by charging high prices for buyers while giving producers little profits that is not commensurate with their effort.
This is basically why a new, fair distribution platform is urgently needed in the application content industry and this is the very essence of the creation of the UBCOIN platform.
About the platform
In 2013-2014, launched a mobile application Ubank, which includes a variety of payment services. It is more focused on the Russian market. For all time of activity, the company has concluded a number of contracts with many banks that provide cash flow, since Ubank is not a bank. Also, there are agreements with companies such as Sumsung, Fly, Huawei on placing the above mentioned applications in the phones of these companies by default.
Introduction
Ubcoin is a mobile application with the help of which users can both sell and buy different goods using crypto currency, namely, using the internal tokens of this application - UBC. In fact, it will be a trading platform, which provides for the creation of comfortable conditions for both buyers and sellers. For each of them, there will be available convenient functions and tools, such as tools for promoting ads and targeting; Ad statistics (views, clicks, conversions, reviews, etc.) and purchase statistics; sales and payment management screens; the mechanism of intellectual recommendations, based on previous searches and purchase history; purchase control tools. Ubcoin will become an integral part of Ubank – the leading mobile app in Eastern Europe and Central Asia for payments and sending money with 16 mln installations worldwide
The main advantages of Ubcoin
The minimum of intermediaries. With the help of the application, the number of participants participating in the sales process is minimized as much as possible. Now this process happens P2P, according to the terms of the smart contract.
Legal security. The company takes maximum measures for the legitimacy of goods and services on the Ubcoin market. Profiles of sellers will be checked, and any potential violations will be excluded.
Decentralization. The appendix provides that the initiation, settlement and execution of transactions will be recorded in the block. Thus, all the necessary information will always be available, and, very importantly, no one can change it.
Interface. The interior of the application is designed taking into account the best world trends, and is designed to create the most convenient conditions for both the seller and the buyer.
In the future, Ubcoin will be integrated into the already existing Ubank application.
Add. received: 699.88 BTC
Discount: 20+ ETH
Hardсap: 29 000 ETH
Milestone: 23000 ETH
1 ETH = 8 000 UBC
Furthermore, An established company in the mobile finance sector is developing a platform which eliminates fiat money from the process of acquiring and spending cryptocurrency – with peer-to-peer marketplace where physical goods can be bought and sold in an instant. Ubank has strong partnership and long term contracts with Samsung and Fly. They pre-install our app on all Samsung and Fly smartphones, including flagship Galaxy S9, in 10 countries where we operate.
Tokens Information
Token - UBC
Token-Sold - April 2 - May 31, 2018
Price of the token - 0.000089 ETH
The minimum amount of fees is 2 000 ETH
The maximum amount of fees is 179 000 ETH
Created tokens - 4 000 000 000 UBC
Add. received: 699.88 BTC
Discount: 20+ ETH
Hardсap: 29 000 ETH
Milestone: 23000 ETH
1 ETH = 8 000 UBC
Token distribution:
5% - private pre-sales
45% - ICO
4% - bounty pool and advisors
12% - the team (tokens will be blocked for 6 months after the date of distribution)
31% - reserve fund
3% - community awards
UBC Token
The UBC token (created on the blockchain Ethtereum) will be the only used currency on the Ubcoin market. Neither the tools nor any other tokens will be used on this platform. Also a thoughtful system of encouragement for holders of UBC tokens: depending on the number of these tokens on the user's account, he will be offered all sorts of discounts. It is envisaged that with the help of the reserve fund, the team will be able to prevent speculation in the market with respect to the UBC tokens, and keep its course. Another solution will also be implemented, which will help to strengthen the price of the token, namely, burning 5% of the commissions of all transactions on the platform.
Additional Information:
Website: https://ubcoin.io
Whitepaper: http://doc.ubcoin.io/whitepaper.pdf?v1
Telegram: https://t.me/ubcoin
Facebook: https://facebook.com/Ubcoin-838741126308809
Twitter: https://twitter.com/ubcoin
Medium: https://medium.com/@ubcoin
Eth address: 0xB6a101a1A827141deb9090C2fAE24d62a8aCc6c1
Author name: yetundefas