Batu Permata: UBCOIN MARKET

EXCHANGE CRYPTOCURRENCY FOR REAL GOODS

WHAT IS UBCOIN?

Ubcoin is a mobile app, which brings together sellers and buyers in one convenient marketplace, and facilitates payment in UBC cryptocurrency. The Ubcoin app provides convenient search tools, facilitates payments and regulates business relations between buyer and seller using a set of smart contracts on Ethereum blockchain. The platform will utilize the development of numerous tools for supplying rich information necessary for making decisions in regard to buying or selling products Specifically, extensive and content-rich product descriptions, seller and buyer ratings, reviews, terms of sale and execution of smart contracts.

WHAT IS UBCOIN MARKET?

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. Ubcoin Marketplace is a global mobile marketplace for buying and selling real world goods for 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 cryptocurrency is by selling goods for crypto. This approach will drive mass adoption in the coming years. Capitalization of the cryptocurrency market is around $400 billion. There is a great demand to spend that wealth by buying real world goods for crypto.

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.

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).

TOKEN

ICO will be held from 2 April till 27 August.

Token: UBC

name: UBCoin

TOKEN DISTRIBUTION

31% Reserve Pool 201 500 000 tokens max

3% Community Rewards 19 500 000 tokens max

4% Bounty Advisors 26 000 000 tokens max

12% Team Allocation 78 000 000 tokens max

45% Public Placement (ICO) 292 500 000 tokens max

5% Limited Private Pre-Sale 32 500 000 tokens max

LONG-TERM TOKEN VALUE

Native to ecosystem

Proprietary UBC tokens power our peer-to-peer marketplace ecosystem. Smart contracts will not accept any other cryptocurrency.

Fee discounts

UBC token holders will receive discounts on fees. Discounts will be linked proportionally to the size of their UBC holdings. This generates an incentive for clients to buy and hold UBC.

Token buyback program

Up to 10% of Ubcoin’s net operating profits are diverted to a token buyback program in order to promote the stability of the UBC.

Reserve pool

A significant portion of tokens will be set aside for growing business, and to ensure that no new tokens enter into circulation at prices lower than the prices during the initial Token Sale.

Anti-dumping measures

Strong anti-dumping prevention mechanisms.

Token burn program

5% of Ubcoin fees from user transactions are burned to reduce the token supply as business grows.