Ubonium is a financial technology company with its Headquarters in the financial district of London, United Kingdom. Ubonium was founded at the very height of the blockchain technology revolution through the famous invention such as Bitcoin Technology. Since Bitcoin, there has been numerous other blockchain technology and crypto coins known as altcoins introduced in the blockchain ecosystem at a phenomenal rate. Nevertheless, this created more than ever a need for a comprehensive and robust technologies to adapt a convenient way of integrating the movement and storage of digital assets in the blockchain ecosystem in a convenient and secure way.
Ubonium’s product and services is also designed to be adaptable to the evolving blockchain technology and changing regulatory framework and having factored this foreseeable evolution in all its innovations, Ubonium’s product and services will have a sustainable future and will stay more relevant in the blockchain ecosystem.
ETCF Market Platform & ETCF Fund
Ubonium, uses the blockchain technology to disrupt the traditional financial services for ETF by introducing ETCF or Exchange Traded Crypto Funds on its ETCF Market Platform. This trading platform allows cryptonized exchange traded funds or better known as ETCF’s, allowing investors to own passively managed diversified funds in a single basket carried by a crypto token such as UBO Super Crypto 10 and many more. This decentralized ETCF Market Platform allows investors to pick and choose their preferred fund and purchase it with their desired quantity and pay for it in cryptocurrencies.
Once payment is completed the transaction is executed on the blockchain ecosystem and they receive their ETCF tokens in real-time thus, allowing immediate ownership. Likewise, when the investor decides to sell his or ETCF token back into the Platform based on the prevailing price quoted and guaranteed by the fund sponsor, the seller almost immediately receives his payment in cryptocurrencies directly to his wallet. This ensures transparency on both the investor and fund sponsor end. Each fund offered on the ETCF Market Platform has its own token symbol for easy identification.
The introduction of the ETCF Market Platform will enable fund management companies, private investment companies and wealth management companies to explore the opportunity to invest in an ETF-like cryptonized digital assets for exposure into cryptocurrencies. The ETCF’s low volatility nature will be a likely attracting factor to this companies.
How Investors Use the Platform Buy or Sell ETCF’s
• Buying ETCF Funds
Step 1: User Login into the ETCF Market Platform
Step 2: User Browses thru the various Crypto Funds available
Step 3: User Selects the ETCF he or she desires at the prevailing rate
Step 4: User Decides how many unit of the ETCF She / he wants to buy or sell
Step 5: User uses the provided calculator to calculate The amount of ETH required to buy the Tokens
Step 6: User Transfers ETH from his or her wallet to the contract address
Step 7: User receives the equivalent ETCF units token into his or her wallet directly
• Selling ETCF Funds
Step 1: User Login into the ETCF Market Platform
Step 2: User Selects the ETCF he or she desires to sell and determines the prevailing market selling price
Step 3: User uses the provided calculator to determine the amount of ETH she will get in in return of selling the ETCF
Step 4: User sends the number of ETCF Tokens into the Relevant contract address
Step 5: User receives the equivalent amount in ETH directly into his or her wallet.
What are the benefits of ETCFs?
ETCF investing reduces the risks associated in investing in a highly volatile and fairly young crypto currencies eco-system. Daily price changes of crypto currencies can be quite volatile and may be hard to stomach for most people. As the adage goes to say “never put all your money in a single basket” is still relevant today in the investment world. But now with ETCFs anyone can diversify his or her investments in crypto currencies by buying into a basket of crypto currencies of various types instead of investing in individual cryptos thus reducing their risk significantly.
The rising demand for ETCF Funds
Increasingly, there are many market participants who stays at the side line of cryptocurrencies exposure due to the high volatility in this nascent asset class. Investors including institutional investors are constantly seeking a more stable and diversified way to gain exposure in cryptocurrencies. Lately the market has seen the increase in crypto fund listings by private entities. To date, there are some 125 types of crypto funds are being offered in the market and many more to come. But however, there is no dedicated platform to list this fund yet. Ubonium is taking the first leap through ETCF Market Platform to offer a one-stop decentralize platform to offer Exchange Traded Crypto Funds to investors seeking the same ETF-like investment vehicle to gain direct exposure in the cryptocurrencies.
UBOPAY Mobile system – Pay your way
Ubopay is a proprietary mobile payment system developed and managed by Ubonium. UBOPAY application will be both available to download in Android and Apple Phones. UBOPAY is a hybrid mobile payment application, in that it supports both user’s local currency of choice and payments in cryptocurrencies. Currently UBOPAY is being developed and tested using Bitcoin, Ethereum and UBOCOIN. The mobile payment system will be introducing more popular currencies as a mode of payment. UBOPAY’s integration with UBONIUM’s central cryptocurrency exchange network called the UBONEX, makes all transaction between fiat-crypto-fiat seamless and instantaneous. Users can active the UBOPAY’s smart select function and use both local currency and crypto payment autonomously every time the user wants to make a payment. Depending on the receiving end or merchant, UBOPAY will automatically select local currency or cryptocurrency payment of choice.
For more detailed about UBONIUM FEATURES you can read this whitepaper : https://drive.google.com/file/d/1K1yStOltj5ts8tcb-48v0Aq212HIz3D0/view or join the website : https://www.ubonium.com
Ubocoin Information [ UPDATED]
Token Name : UBOCOIN
Token Symbol : UBO
Function : Exchangeable Utility Tokens
Token Sale Start Date : 1 March 2018
Token Sale Close Date : 10 May 2018
Cost of per UBO Token : 0.001 ETH
Token Type : ETHEREUM
Smart Contract : ERC20 & ERC223 STANDARD COMPLIANT
Softcap : $3,500,000 USD
Hardcap : $60,000,000 USD
Terms of Token : 70 Days max, may finish early if there is an automatic early completion of token sale
Maximum issues of UBO Tokens : 300,000,000
Unsold Tokens : All unsold tokens will be destroyed automatically and Permanently
Secured way to purchase tokens : ETH, BTC, LTC, BCH, XRP, DASH & FIAT PAYMENTS
Follow Ubonium on :
Facebook : https://www.facebook.com/ubonium
Twitter : https://twitter.com/ubonium
Btt : https://bitcointalk.org/index.php?topic=3029484.0