UbcoinMarket — The Easiest Way to Become a Crypto Investor or to Spend Crypto Coins.

Ubcoin Market is a blockchain project developing a smart ecosystem for easily investing and exiting cryptocurrency by buying and selling goods and services. Ubcoin Market was founded by the same team that founded Ubank, the leading mobile payments app in Eastern Europe that, as of today, has 2.5 million active users, more than 16 million downloads around the world, and has been pre-installed by Samsung and Fly.

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.

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.

Business Model

Ubcoin’s business model is commission and advertising based. The general strategy of revenue stream structuring at Ubcoin’s marketplace is:

Freemium for sellers;
Free for buyers;
Paid advertising.

Commission Revenue Streams

The marketplace plans to charge sellers a small commission for each successful sale. For early adopters we will offer two commission-free sales per month. Users, who underwent a simplified KYC procedure, qualify for reduced commission schedule;
The marketplace will develop a special commission schedule for sale of luxury/expensive items (determined by certain price level), likely as % of sales price;
The marketplace will charge a share of price excess over minimum sales price for auction-type sales;
The marketplace will charge a fixed commission for choosing non-standard smart contract schemes through the platform’s contract management tool;
Buyers will pay no commission.

Advantages Ubcoin

The minimum of intermediaries. With the help of the application, the number of participants participating in the sales process is minimized as much as possible. Now this process happens P2P, according to the terms of the smart contract.
Legal security. The company takes maximum measures for the legitimacy of goods and services on the Ubcoin market. Profiles of sellers will be checked, and any potential violations will be excluded.
Decentralization. The appendix provides that the initiation, settlement and execution of transactions will be recorded in the block. Thus, all the necessary information will always be available, and, very importantly, no one can change it.
Interface. The interior of the application is designed taking into account the best world trends, and is designed to create the most convenient conditions for both the seller and the buyer.
In the future, Ubcoin will be integrated into the already existing Ubank application.

Why invest in UbcoinMarket?
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

Strategy Marketing

Work with technology writers and bloggers to publish reviews about networks to increase UBCOIN public and market visibility https://medium.com/@ubcoin

We launched uTalk. First aggregator of social network sites allowed for seamless single-interface management of GoogleTalk,https://web.facebook.com/ubcoinmarket/,ICQ, Skype and many other networks.

Increasing the prices for our product as our database grows in size and increases in quality

We created Navifon, one of the best navigation software application at the time - first 3D/voice guidance navigation app in Russia for J2Me and other OS phones, even before Google and Yandex announced their 3D navigations. https://en.wikipedia.org/wiki/Navifon;

Technical scheme

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

Token Details
Token Name: UBCoin
Token Symbol: UBC
Token network: ERC20
Maximum supply: 4 billion tokens
Soft cap: $2 million
Hard cap: 179 thousand ETH (approx. $68 million @ ETH = $380)

Token Supply Distribution
The maximum supply of tokens in Ubcoin will be allocated as below :

3% discount for community rewards. There are 120 000 000 tokens max for this discount
4% discount for advisors and bounty. There are 160 000 000 tokens max
5% discount of 200 000 000 tokens for limited private pre-sale
12% discount for team allocation with tokens max 480 000 000
31% discount of 1 240 000 000 tokens max for reserve pool
45% discount for 1 800 000 000 tokens max for public placement (ICO)