What is UbcoinMarket?
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 cryptocurrency. Ubcoin Market will become part of Ubank app as a new feature.
Vision
- Many people want a simple and safe way to obtain a stake in cryptocurrency, but do not know how. They are not miners, not speculators, just individuals who see added value in investing in cryptocurrency. The number of cryptocurrency owners is projected to increase from a current 22 million to over 200 million by 2020.
- Yet these same people are very comfortable with buying and selling on Ebay, Amazon, WeChat, Etsy, Taobao and the like. In 2016, marketplaces accounted for 44% of the world’s $2.44 trillion spent online in 2016.
- Cryptocurrency wallets are primarily concentrated on mobile devices, with over 65% of wallets being mobile. Global smartphone penetration is projected to reach 37% by 2020.
- Global population of digital buyers will surpass 2 billion people by 2020.
What does Ubcoin Marketplace do?
First, I want you to understand that the Ubcoin Marketplace is not a greenfield project, but an extension of the 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 CIS, including flagship Galaxy 9
These strategic partners include:
• Samsung
• Fly
• Runa Capital
• Fly
• Runa Capital
Ubcoin Marketplace Product
- Cryptocurrency mass adoption
We promote mass adoption of digital assets that are both a means of settlement and an investment vehicle, thereby enlarging benefits for all parties to everyday buy-and-sell interactions. - Peer-to-peer interaction
Cut out as many intermediaries from the value chain, as possible. The platform facilitates smart contract execution between independent parties. The Ubcoin Marketplace does not own any goods for sale, it is not biased in its search results, and protects fairness of smart contracts. - Legal marketplace
We pay special attention to ensuring the legitimacy of goods and services sold on the Ubcoin marketplace. We are developing an advanced AI technology to help pre-screen seller postings for any potential infringements of reason, morality, safety and due care. Seller profile transparency and verification will be strongly encouraged and promoted. - Decentralization of transactions and settlements
Blockchain allows for decentralized initiation, settlement and fulfillment of transactions. Payments are immediate upon performance under carefully crafted smart contracts. - Impeccable interface
Our interface design brings a harmonious and seamless experience of buying and selling goods globally. We will strive to open our API to the community in order to develop the best adaptation of the platforms for specific local needs of the global community. - Open community
Some transactions may, in the future, require additional KYC/AML procedures for execution of smart contracts for certain types of deals involving third-party providers (i.e. delivery companies, couriers, notaries). Ubcoin platform envisions seamless engagement of these parties.
Why invest in Ubcoin?
Ubcoin cuts through the hype with a sound application utilizing new revolutionary technology to bridge the gap between crypto and the real world. Investors are not betting on an unknown invention or just an idea. The value stems from an experienced team and a transparent business model solving a real problem and capturing a tangible opportunity that no one knows better than the crypto investors. visit http://doc.ubcoin.io/whitepaper.pdf?v1 more information.
Ubcoin Marketplace seizes the following opportunities :
• How to use cryptocurrency for real world purchases?
• How to obtain cryptocurrency for a newbie mass consumer?
• How to obtain cryptocurrency for a newbie mass consumer?
Bonuses for Early Investors
Funds Allocation
Token distribution
Roadmap
Ubcoin project has also been connected with some media
Ubcoin weaves partnership with reliable partners. it had realized that project cannot grow without any partners. good partners are welcomed Ubcoin , is one indicator there is a trust within Ubcoin project. here the list of Ubcoin Partners.
Further information:
I knew my review is far from completeness. there are many ideas relate to Ubcoin project in your mind. For further information on the Ubcoin please take a look at their official website, as well as their official communication channels. Also, please feel freely post questions and feedback in the comment, so I can try to answer them. Thanks for reading!
Website : https://ubcoin.io/
Whitepaper : http://doc.ubcoin.io/whitepaper.pdf?v1
Facebook : https://facebook.com/Ubcoin-838741126308809/
Twitter : https://twitter.com/ubcoin
Telegram : https://t.me/ubcoin
Medium : https://medium.com/@ubcoin
ETH : 0x37B6953a3D9c40D5e40Dfc7DA2B8A58223b2a583
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