UBCOIN-Creating Comfortable Conditions For Buyers And Sellers

gemse29 (25)in #blockchain • 7 years ago

The security level of transactions using cryptocurrency is strongly supported by a very secure transaction system too, ie with a peer to peer (P2P) system. Ubcoin Marketplace is a global mobile market to buy and sell real-world stuff for cryptocurrency.

What is Ubcoin Market?

Ubcoin is a mobile app with the help of where users can sell and buy different items using crypto currency, that is, using this application's internal token - UBC. In fact, it will be a trading platform, which provides to create comfortable conditions for buyers and sellers.

The main advantages of Ubcoin are:

Minimum intermediary

With the help of the app, the number of participants participating in the sales process is minimized as
much as possible. Now this process happens P2P, in accordance with the terms of smart contract.

Legal security

The Company takes maximum measures for the legitimacy of goods and services in the Ubcoin market. The seller profile will be checked, and any potential violations will be excluded.

Decentralization

Appendix states that initiation, completion, and execution of the transaction will be recorded in the block. With
this, all the necessary information will always be available, and, very importantly, no one can
change it.

Interface

This in-app part is designed with the best world trends in mind, and is designed to create
the most convenient conditions for both sellers and buyers. In the future Ubcoin will be integrated into existing
Ubank apps .

Technical Scheme

Technical schemes The Ubcoin platform implements blockchain technology to create, manage, and operate tokenized cryptocurrencies and the platform itself.

Ubcoin Token

Token - UBC
Private pre-seyel - March 10 - March 31, 2018 (for investors from 5 ETH and more)
Token-Seleur - 2 April - 31 May 2018
Token price - 0,000089 ETH
Minimum cost is 2 000 ETH
Maximum amount cost 179,000 ETH
Created token - 4 000 000 000 UBC

Token Distribution:

5% - Private pre-sale
45% - ICO
4% - a collection of bounty and advisers
12% - team (token will be blocked for 6 months after distribution date)
31% - reserve fund
3% - community awards

The UBC Token (created on blockchain Ethtereum) will be the only currency used in the Ubcoin market. Both other tools and tokens will be used on this platform. Depending on the number of these tokens on a user account, he will offer all sorts of discounts. Another solution will also be implemented, which will help strengthen the token price, that is, burn 5% of commission all transactions on the platform.

Budget allocation

Current fund usage is included as listed below: