Blockchain technology has a number of technical challenges which need to be solved before it can become mainstream. Numerous organizations have formed to address these challenges, and the majority are working on the necessary Research and Development to take cryptocurrencies to the next level. In most cases there is not a clear path for a Return on Investment for those funding the projects.
Ubonium is a financial technology company, Ubonium was founded at the very height of the decentralize technology revolution, through the famous invention such as Bitcoin Technology.
Since decentralized technology, there has been numerous other decentralized technologies and crypto coins known as altcoins introduced in the decentralized environment at an amazing rate.
This have made room for articulate and more energize technologies to adapt a convenient way of integrating the movement and storage of digital assets in the decentralized environment in a convenient and secure way.
Ubonium also incorporates UBOPAY and UBOCARD, a revolutionary new way of making fast, convenient payments from your crypto holdings. These will be integrated with UBOBank, Ubonium’s own cryptocurrency bank with all the benefits of modern banking and crypto combined.
Ubonium’s item and administrations is additionally intended to be versatile to the developing blockchain innovation also, changing administrative system and having considered this predictable development in every one of its advancements, Ubonium’s item and administrations will have an economical future and will remain more applicable in the blockchain biological system Since clients secure cryptographic forms of money, how would they use or move them to their proposed goal safely, helpfully and all the more critically in a more practical manner? Serving these clients require a powerful system as well as an entire and far reaching blockchain arrange that lives next to each other with customary instruments which can supplement each another. Most proposed blockchain installment frameworks cases to have improved installment frameworks that guarantees moment exchanges on the blockchain for their clients yet neglects to address an imperative factor the clog of blockchain arrange and the moderate adjustment of cryptographic forms of money by a few getting closes.
Ubonium’s answers applies the development hypothesis, that is any innovation must have an advancement period and amid this period, it must coincide together with conventional framework until the new innovation is completely adjusted into standard. This guarantees the use of Ubonium’s item and benefits in genuine cases at multi-level of the monetary framework.
ETCF Market Platform & ETCF Fund
If you are familiar with ETF or Exchange Traded Funds you will know names like Vanguard and Blackrocks. This companies and many others own and manage ETF funds on a global scale collectively exceeding 3 trillion US dollars. ETF’s as a passive investment vehicle has grown in demand ten folds since 2008.
Most traditional fund management companies and retail investors invests in ETF funds. But there is some underlying problem with ETF’s, in that they are managed by brokers who charges brokerage fees and fund management fees. Secondly, when you buy an ETF fund, your broker keeps it for you and you don’t get to keep them. Thirdly when you dispose ETF funds, you don’t get your settlement immediately.
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.
Benefits of ETCF:
ETCF putting decreases the dangers related in putting resources into a profoundly unpredictable and genuinely youthful crypto monetary forms eco-framework. Day by day value changes of cryptographic forms of money can be very unstable and might be hard to stomach for the vast majority. As the proverb goes to state “never put all your cash in a solitary bushel” is still applicable today in the speculation world.
However, now with ETCFs anybody can differentiate his or her interests in digital currencies by becoming tied up with a crate of cryptographic forms of money of different kinds rather than putting resources into individual cryptos along these lines decreasing their hazard fundamentally.
Any individual cryptographic money can be broad for a fledgling or even a prepared financial specialist and a market revision of a solitary digital currency can have an overwhelming effect to its holder. Be that as it may, when put resources into ETCF that holds a bushel of cryptographic forms of money, negative presentation of a digital money in that specific bushel will have least or no effect on the general store esteem. See the representation beneath: Among different advantages holding ETCF subsidizes eminently, you will just pay exchanging charges once when you purchase and when you offer the whole reserve. Not at all like individual crypto’s, where you should pay the trade expenses each time you purchase or offer. This makes the ETCF much moderate to keep up. For UBO token holders, they don’t need to pay any exchanging expenses when they purchase or offer the ETCF at Ubonium exchanging stages.
UBOPAY:
Ubopay is a restrictive versatile installment framework created and oversaw by Ubonium. UBOPAY application will be both accessible to download in Android and Apple Phones. UBOPAY is a half and half versatile installment application, in that it underpins both client’s neighborhood money of decision and installments in digital forms of money. Right now UBOPAY is being produced and tried utilizing Bitcoin, Ethereum and UBOCOIN. The portable installment framework will present more mainstream monetary standards as a method of installment. UBOPAY’s combination with UBONIUM’s focal cryptographic money trade arrange called the UBONEX, makes all exchange between fiat-crypto-fiat consistent and prompt. Clients would active be able to the UBOPAY’s savvy select capacity and utilize both neighborhood cash and crypto installment self-rulingly each time the client needs to make an installment. Contingent upon the less than desirable end or vendor, UBOPAY will naturally choose nearby money or digital currency installment of decision.
THE Benefits of Ubobank:
Ubobank virtual record holders can store or store their cryptographic forms of money on a devoted virtual record will be one of a kind just to them. This virtual record will than recognize all individual digital currency wallet connected to the client virtual record. This makes access and survey a breeze to the record holder. At present,cryptographic money holders have isolate wallets for each sort of digital currencies and separate passwords to get to these wallets. The is a danger of scattering of this secret key and it is additionally troublesome for most clients to access their wallets rapidly for day by day utilization of their cryptographic forms of money.
UBOCOIN TOKEN (UBO)
The Ubocoin token offered for sale during the Ubonium ICO is a ERC-20 and ERC-223 Ethereum compliant token. They are safe to be used and do not perform any external calls after March 1 the ICO start date. The Ubocoin Token was designed with scalability in mind. Together with all the products and services offered on the Ubonium ecosystem, Ubocoin plays an important role in bringing value to its owners. As all Ubonium products and services uses Ubocoin, transactions costs are kept near zero and transaction speed optimized. This are the two main reason why Ubocoin is being used as a premier token in all Ubonium products.
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
When buying any UBO ETCF funds using Ubocoins, token owners are waived from the buy/sell spread charges of 0.45% on the ETCF Market Platform.
This allows token owners to gain exposure in the ETCF Market with Zero entry cost. Also, when using Ubocoins with Ubopay, transfer of coins to other wallets are free from any charges. Likewise, Ubocoin token owners are in for great reduction in exchange fees whenever they convert any of their fiat currencies into Ubocoins on the Ubonex Exchange. Whenever, Ubocoins are moved from one Ubonium platform to another, there are zero charges.
The Ubocoin Token is on sale during UBONIUM ICO for a fixed price of ETH 0.001 per UBO. However, we believe that its value will appreciate exponentially in consistent with our UBOPAY launch, UBOBANK & UBOCARD platform launch. Reason is, Ubocoin is a scalable and a usable coin, with many real case applications that can potentially create high demand for the coin, this can expose the true value beyond what it is today. However, we do not wish to speculate the future price of the coin as we are legally forbidden from doing so: kindly take note that there is a high degree of risk in investing in cryptocurrencies, where invested capital can be lost.
Ubocoin will be listed on exchanges such as Kraken, Bitfinex, Poloniex, Huobi and Quoinex.
Roadmap
Team
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Website: https://www.ubonium.com/
Whitepaper: https://drive.google.com/open?id=1K1yStOltj5ts8tcb-48v0Aq212HIz3D0
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