WONK COMUNNITY: UBCOIN MARKET

UBCOIN MARKET

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Ubcoin Marketplace is a global mobile marketplace for buying and selling real world goods for the 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 a 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, he 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.

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 by any good’s and forget about getting fiat money first.

How it works?
Watch our funny animated video explaining how Ubcoin Market works.

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

2 reasons to invest

The app 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.

Ubcoin Marketplace — the next leap forward for Ubank, leading mobile payments app in Eastern Europe. Now with Ethereum blockchain, exchange-traded UBC cryptocurrency, and peer-to-peer smart contracts for buying goods for the cryptocurrency. Ubcoin Market will become part of Ubank app as a new feature.

Product

Mass adoption

We promote mass adoption of digital assets that are both a means of settlement and an investment vehicle.

P2P 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.

Token Details

ICO will be held from 2 April till 14 July

UBC Token pricing + Bonuses for early investors. UBC token is native to peer-to-peer marketplace ecosystem. Smart contracts will not accept other cryptocurrencies.

Token Parameters

Role of token =>> Utility token for settlement of smart contracts and fees on Ubcoin Marketplace
Token abbreviation =>> UBC
Token name =>> UBCoin
Emission rate =>> No new coins will ever be created after token sale end
Maximum supply (Hard Cap) =>> 4,000,000,000 UBC
Token network =>> Ethereum (ERC20 extended)

Token Supply Distribution
The maximum supply of tokens will be distributed as follows:

Distribution of Hard Cap Percent of Maximum Supply Max Quantity of tokens
Limited Private Pre-Sale 5% 200 000 000
Public Placement (ICO) 45% 1 800 000 000
Team Allocation* 12% 480 000 000
Bounty & Advisors* 4% 160 000 000
Community Rewards* 3% 120 000 000
Reserve Pool* 31% 1 240 000 000

Total Supply 100% 4 000 000 000

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 come first-

served basis for a total maximum lot of 200 000 000 tokens.

Begins => 10 March 2018 00:00:00 GMT
Ends => 31 March 2018 23:59:59 GMT, or earlier upon reaching stage Hard Cap
Hard Cap for Private Pre-Sale => 21 500 ETH
Placement Price => 1 UBC = 0.0000535705 ETH (or 1 ETH = 18 667 UBC)
Discount to Token Sale Price => 57%

Funds Allocation
Current use of funds is envisioned as set out below:

Technical scheme
The Ubcoin Platform applies blockchain technology to create, manage, and operate tokenized cryptocurrency and the platform itself.

Roadmap

We have come a long way and we still have a lot to do.