UBCOIN

Ubcoin Marketplace is a global mobile marketplace for buying and selling real world goods for cryptocurrency.

STATEMENT OF THE PROBLEM

Presently, tens of millions of people legitimately own cryptocurrencies. Hundreds of millions around the world are aware of cryptocurrencies and would like to obtain them.
Many view crypto as a means of investment with stunning returns, and others seek benefits of seamless digital transactions and new business opportunities afforded by blockchain technology.

Mass adoption of cryptocurrencies is inevitable and imminent. The cause and credit is owed to many trail-blazing entrepreneurs and visionaries, including the source of our inspiration and object of deepest respect, Telegram. The moment of mass adoption will definitely come sooner rather than later. Consumers need a simple, fast and safe means of obtaining digital currency.

Capitalization of cryptocurrencies fluctuates around $300 billion. Yet the governments, banks, and international payment systems around the world drag their feet in establishing clear rules of regulating crypto transactions to enable law-abiding citizens buying and selling physical goods using their digital assets. A large portion of $300 billion is ripe for spending - conversion into physical assets.

The goal of our company is to empower consumers around the world to invest in crypto and to enjoy the purchasing power of their crypto investments by creating a Ubcoin digital marketplace where they can freely and securely buy and sell goods for cryptocurrency.

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.

These four pivotal forces combine in the global mobile marketplace where people can:

• Easily become owners of cryptocurrency by selling goods

• Easily spend their cryptocurrency wealth by purchasing real world goods

The global Ubcoin Marketplace, powered by Ethereum blockchain and the exchange-traded UBC cryptocurrency, enables these endeavors with peer-to-peer smart contracts for buying and selling goods:

• Sellers are interested to receive cryptocurrency for their wares. Utility of settlement + Investment vehicle = mass adoption of digital currency;

• Buyers are realizing the cryptocurrency investment gains and purchasing power, yet are spared the pain and risks of switching between crypto and fiat currency;

• Smart contracts ensure that transactions are seamless, secure, enforceable, transparent and decentralized.

The smart contract technology allows the Ubcoin Marketplace, to ensure safety, executability, intractability and verifiability of a transaction, successfully facilitating peer-to-peer transactions.

As regulation concerning acceptance of digital currencies in a B2C arena evolves, the marketplace will add business sellers and buyers to its roster. The smart contracts will obliviate many existing intermediaries, the leeches of value chains. The delivery economy facilitates explosive growth in the form of direct manufacturer-to-consumer transactions, allowing for much more attractive pricing for both buyer and seller. Make-to-order manufacturing becomes a much more relevant business model.

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). The Ubcoin platform envisions seamless engagement of these parties.

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.

Token Details

Token - UBC

Platform - Ethereum

Type - ERC20

PreICO price1 UBC = 0.00005 ETH

Price in ICO1 UBC = 0.00009 ETH

BONUS

Limited Private Pre-Sale - 57 %

Stage 1, 2 - 21 April 29 %

Stage 1, 22 April - 11 May 14 %

Tokens for sale - 2,000,000,000

UBC Token Price