Hello everyone, today I will explain about Ubcoin Marketplace. So, let's see my explanation.
Ubcoin Marketplace
Ubcoin Marketplace is a global mobile marketplace for buying and selling real world goods for cryptocurrency.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 goods and become cryptocurrency holder or buy any goods and forget about getting fiat money first.
The Ubcoin Marketplace is an extension of Ubank mobile app:
- Companies that have been in existence since 2009
- Our current product, Ubank, has over 16 million installations worldwide
- We consist of 50+ developers, top management talents and advisors
- Ubcoin will improve and rediscover the existing product value proposition
- Samsung and Fly pre-installed our current product on all smartphones, sold in 10 Eastern European and Central Asian countries, including the flagship Galaxy 9
How It Works
Business Model
Ubcoin’s business model is commission and advertising based. The general strategy of
revenue stream structuring at Ubcoin’s marketplace is:
- Freemium for sellers.
- Free for buyers.
- Paid advertising.
Ubcoin Marketplace Product
Our product is founded on the following cornerstones:
- Crypto currency mass adoption
We promote mass adoption of digital assets that are both a means of settlement and an investment vehicle. - Peer-to-peer interaction
Cut out as many intermediaries as possible. The platform facilitates smart contract execution between independent parties. - Legal marketplace
We are developing an AI technology to pre-screen seller postings for potential infringements of reason, morality, safety and due care. - Decentralization
Blockchain allows for decentralized initiation, settlement and fulfillment of transactions. Payments are immediate upon performance under smart contracts. - Impeccable interface
Our interface design brings harmony and seamless experience of buying and selling goods globally. - Open community
We strive to open our API to develop best adaptations of the platform for specific local needs. Also we envision engagement of third-party providers (i.e. delivery companies, notaries).
Why Choose Ubcoin Market
- Native to ecosystem - UBC token is native to peer-to-peer marketplace ecosystem. Smart contracts will not accept other cryptocurrency.
- Token buyback program - UBC token holders receive discounts on fees linked to size of their UBC holdings. Incentive for clients to buy and hold UBC.
- Team locked-in - Up to 10% of Ubcoins's net operating profits diverted to buyback at 10% above the greater of market or placement token price.
- Utility incentive - Significant portion of tokens set aside for growing business, ensuring no new tokens enter into circulation at prices lower than during initial Token Sale.
- Reserve pool - Strong vesting and anti-dumping prevention mechanisms.
- Burn program - 5% of Ubcoin fees from user transactions are burned to reduce token supply as business grows.
Token Details
Token Name : UBC
Platform : Ethereum
Type : ERC20
Hardсap: 29 000 ETH
1 ETH = 8 800 UBC
Emission Level : No new coins will be created after the token sale expires
Token Role : token Utility for contract completion and smart cost
Maximum supply (Hard Cap) : 4,000,000,000 UBC
Token Distribution
- 31% | Reserve Pool | 201 500 000 tokens max
- 12% | Team Allocation | 78 000 000 tokens max
- 3% | Community Rewards | 19 500 000 tokens max
- 45% |Public Placement (ICO) | 292 500 000 tokens max
- 4% |Bounty Advisors | 26 000 000 tokens max
- 5% |Limited Private Pre-Sale | 32 500 000 tokens max
Fund Allocation
Now Live ICO Stage 6 (11.07.2018 - 30.07.2018) | 9% Discount
1 UBC = 0.00011364 ETH | 1 ETH = 8.800 UBC
Roadmap
For More Information About Ubcoin Please Visit Link Below
Website | Whitepapper | Telegram Group |
Twitter | Facebook | ANN thread | Bounty thread
Author
Bitcointalk Username: Robocarpolitv
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2083941
ETH Address: 0x47Baf40dc4eFa2157f55936cf7611941224c003d