What is Ubcoin?
Ubcoin is a brand-new cryptocurrency that is ideal for people in the industry who want to use currency to exchange for goods. The Ubcoin Market is said to be the easiest way to make exchanges with cryptocurrencies online for real tangible goods or vice versa as well. The ICO for the company is about to start in a little under nine days.
And for those of you who are go getters and invest while the ICO is in the firs stage of development, you’ll get a 29% bonus off the token price, which is an exceptional amount discount by any industry standard.
You can go to the website right now and enter your email to get put on the whitelist and be informed when all the different phases start. There are other ways to save as well, for example – joining while the token sale and ICO I still in pre-sale phase can earn you a massive 57% discount. That is nearly unheard of as well by nearly any standard.
To further incentive the quality of the ICO – It’s been rated as a five-star initial coin offering on ICOBench.com and ICOBazzar.com. Not only that, but UBCoin has been rated between a nine and ten or four to five-stars on several other websites. Namely, Foundico, CryptoSlate, FoinSchedule, Coinhills, and CoinGecko.
The coin was created by UBank who currently has more than two and half million users all over the world. And lastly, it’s in partnership with Samsung and Fly, two of the largest technology companies in the world.
How Does Ubcoin Work?
As far as it goes – every second smart phone sold in CIS countries comes pre-packed with the UBank application already pre-installed onboard. UBank is one of the most common default applications and the next phase is the creation of the Ubcoin Market in the already existing Ubank application. That naturally means, there will almost instantly be over two and a half million users with the app installed on their phone.
As of today, Ubank already has the inside understanding on how to treat investors the right way and also deliver them the promises they make. With more than 16 million people who have downloaded the app on a worldwide basis, they know what they’re doing. And out of those more than 16 million downloads, over 5 million of them are now registered users who are actively using the app. On top of that, more than 20 million transactions are processed by Ubank’s system every year since the year of 2013. That’s a steady, consistent user base that has been happening for more than 5 years now.
The ecosystem for Ubank is designed for exchanging goods to turn them into cryptocurrency and then back again if need be. The platform and application are successfully bridging the gap that has existed between the real world and cryptocurrency.
The Ubcoin marketplace is where the bridging of the gap is happening. It’s the next leap moving forward for the Ubank application. And now they are one of the leading mobile payment applications in Eastern Europe.
Thanks to the Ethereum Blockchain technology, and i’s security plus efficiency, the exchanging and trading of the UBC cryptocurrency is working better than ever. This is also improved due to the peer to peer based smart contracts that are making the platform even more attractive for the users on it. It works great for buying goods with cryptocurrency and vice versa. Ubcoin’s Marketplace is soon going to become a part of the Ubank Application as a new feature.
This will hopefully encourage the mass adoption of the app as they promote it along with the digital assets that are a mean for investing and a means to create settlements both. The peer to peer interaction will be used to cut out as many of the intermediaries as possible. And the platform in turn will also help to facilitate the execution of simple yet advanced smart contracts that operate between two different independent parties involved.
It’s ideally going to help turn it into a legal marketplace complete with AI technology that is going to be used to pre-screen the posting placed by sellers to protect people from possible infringements of reason, morality, safety and ultimately quality, well deserved care for all parties involved.
Now, as if this isn’t enough – the platform will also give users the opportunities to truly benefit from the decentralized network. The initiation and settlement of the company and the successful fulfillment of transactions as well as payments are going to immediately increase upon the performance running under the smart contracts.
It’s a very durable, reliable and downright impeccable interface that is designed to bring harmony as well as the seamless experience of buying and selling real goods online all over the world.
With the open community, the goal has been striving to open their API, so as to develop the best adaptations of the platform being idealized for the specific local needs of the users. They also have a vision of improving engagement of different third-party providers like delivery companies and notaries. You can download the application on the app store or get it on Google.
When it comes to the massive adoption of consumers UBC coins will be obtained without mining or exchanges. They will be deployed by the selling of goods and services. It makes it an easy to use system that is great for people who want to become an owner and investor of cryptocurrency.
As far as miners and cryptocurrency investors go, they can enjoy the wealth provided by the currency when they spend it on real life goods and services. There will be no need to convert it to fiat money, the transactions are instead settled right away in the form of digital currency using the intelligence of smart contracts.
An example would be a camera for 3500 tokens, a watch for 1500, or a tablet for 6500 and once purchased, the total would be 11500 tokens, being deducted from the buyer’s total without him or her having to go through a bunch of exchange rates for prices.
The UBcoin platform will use blockchain technology to create, manage, and operate cryptocurrency that has been tokenized as well as the platform itself. If you go to the website, you can get a very dep and thorough how the process operates by looking at the detailed schematic and graphics. It’s a well put together site with insightful information that can easily be understood by anyone looking at it.
Details of the Ubcoin ICO (UBC Token)
Once again, you can join the private pre-sale ICO to get a 57% discount on the price of the Ubcoin Token. And if you wait, the whitelist investors will get a smaller although still excellent 29% discount off the price of the token.
Who is Behind Ubcoin (UBC Token) ?
The team behind the platform has tons of experience and has been working together for almost a decade, since 2009 to be exact. As of now, there are more than fifty people working on the platform. With a of them being developers, cryptographers and technical wizards. The top management in the company is a rich mix of individuals, each of whom have experience in a multitude of different industries.
Along with the team working on the platform, there are several advisors who are backing the company and ensuring it moves forward, hitting the smallest amount of speed bumps as possible. The team is courageously moving the project ahead while focusing on turning the newer technology into a widely adoptable, tuned experience that uses the most advanced technology available, so it can be used by the most amount of people possible and give them the ultimate experience.
Felix Khachatryan is the CEO and founder of Ubcoin and experience in several different sectors of the tech industry. He’s only one of the many when it comes to team behind the scenes.
As far as the team specs go and their bios, they’re very thorough and have links to several different social media profiles. Each of them looks legit, although I haven’t actually verified them myself. Not only that, but there is a highly-detailed roadmap on where the company is headed. It’s far too massive to include all of the roadmap details on this review, but you can see it for yourself at the company website.
Ubcoin ICO (UBC Token) Conclusion
If you’re serious about cryptocurrency and investing into it, this is a great company for you to look into. It’s a well put together website, with more details on it than nearly any other ICO based site I’ve seen.
I would highly recommend this ICO for being verified and legit, something that is hard pressed to find these days. It’s also great for the general public, and people who would like to use cryptocurrencies to buy tangible goods. All you have to do is head to the site and see for yourself – Ubcoin.io is the site and it could be exactly what you’re looking for.