Ubcoin Marketplace- a global mobile market

in cryptocurrency •  6 years ago 
  1. Ubcoin Marketplace is the next leap forward for Ubank, leading mobile payments app in Eastern Europe. Now with Ethereum blockchain, exchange-traded UBC cryptocurrency, and peer-to-peer smart contracts for buying goods for cryptocurrency. 
  2. Ubcoin Marketplace is a worldwide Ebay-like peer-to-peer marketplace where everyone can safely and seamlessly sell or purchase a result or a help for cryptocoins. 
  3. Ubcoin Marketplace is a global mobile marketplace for buying and selling real world goods for cryptocurrency. Its main goal is to bring 200 million new retail investors to crypto by eliminating all fiat obstacles on the way to crypto. 

 These four pivotal forces combine in the global mobile marketplace where people can:

  • Easily become owners of cryptocurrency by selling goods
  • Easily spend their cryptocurrency wealth by purchasing real world goods

Marketing Strategy
At the initial stages of the project the main focus will be customer acquisition and rapid geographic expansion. While exact timing of entering markets will change, we seek markets with a combination of substantial cryptocurrency investor base or interest therein, warmer regulatory outlook on crypto transactions, underbanked population and proliferation of peer-to-peer transactions. We see significant potential in developing markets of Eastern Europe, Southeast Asia, South Asia, Middle East and Africa, Latin America.One of the most important goals of ICO is to fund the global expansion. Depending on the success of the crowdfunding effort, we plan to spend between 25% and 40% for international marketing. Another main driver of the growth of business, starting in 2019, is attracting sellers from the SME sector who are more likely to actively use additional paid instruments for promoting the sales of their goods. 

The new Ubcoin features of Ubank app include the following:

  • Storefront Section:Product categories screens;
  • Product description screens;
  • Smart-search engine with relevance algorithms based on search string, geography, product descriptions, user reviews and ratings, and prices;
  • AI-based engine for pre-screening user posts, product descriptions, visual and video content.
  • Seller Account Management Section: Easy-to-use tools for creating and managing sale posts;
  • Tools for promoting and targeting posted ads;
  • Ad stats (views, clicks, conversions, reviews etc.);
  • Terms of sale and payment management screens;
  • Seller’s cryptowallet;
  • Review management screens;
  • CRMBuyer Account Management Section: Saved favorites and previous searches;
  • Buyer’s cryptowallet;
  • Purchasing history;
  • Smart recommendations engine based on previous searches and purchase history;
  • Purchase review management tools. 

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 opportunity that no one knows better than the crypto investors. Ubcoin Marketplace seizes the following opportunities :

• How to use cryptocurrency for real world purchases?

• How to obtain cryptocurrency for a newbie mass consumer?

The Ubcoin project is launched by the team of the existing Ubank company. Ubank on this day, has more than 2.5 million active users. Contracts were concluded with such huge corporations as SAMSUNG and FLY, that the Ubank application will be installed by default on every second phone released by these brands. To date, more than 16 million downloads of the Ubank application have been, more than 2.5 million, active users, the application is visited by more than 200 thousand people a day, more than 20 million transactions per year are held in Ubank.

Token:


Maximum supply (Hard Cap) = 4,000,000,000 UBC.
No new coins will ever be created after token sale end.

Token network Ethereum (ERC20 extended).

The private pre-sale has an exclusive token sale rate. Allocation is done on a first-come-first-served basis for a total maximum lot of 200 000 000 tokens.

Long term token value: 

Native to ecosystemProprietary UBC tokens power our peer-to-peer marketplace ecosystem. Smart contracts will not accept any other cryptocurrency. Fee discountsUBC token holders will receive discounts on fees. Discounts will be linked proportionally to the size of their UBC holdings. This generates an incentive for clients to buy and hold UBC.Token buyback programUp to 10% of Ubcoin’s net operating profits are diverted to a token buyback program in order to promote the stability of the UBC. Reserve poolA significant portion of tokens will be set aside for growing business, and to ensure that no new tokens enter into circulation at prices lower than the prices during the initial Token Sale. Anti-dumping measuresStrong anti-dumping prevention mechanisms.Token burn program5% of Ubcoin fees from user transactions are burned to reduce the token supply as business grows. 

roadmap:

March -May 2018

• Conduct Limited Private Pre-Sale and Token Sale

June 2018

• Ubcoin Marketplace beta developed for existing Ubank app

Aug 2018

• Larger development team is formed

• Smart-contract platform developed beta

• Support & veribication team formed

Sept 2018

• Beta-testing of MVP through existing app distribution channels

with leading smartphone manufacturers

4 Q 2018

• MVP launched in Eastern Europe

• Basic KYC framework developed

1 Q 2019

• Full version of the app launched in Eastern Europe

• App distribution agreements extended to additional regions

• Open API developed Beta

2 Q 2019

• Launch in the Middle East and South Korea

• AI-screening developed Beta

3 Q 2019

• Launch in Southeast Asia and South Asia

• Open API made available to developers

4 Q 2019

• Launch in Latin America

• Full AI-screening tool rolled out

Learn more:

Website: https://ubcoin.io/
Whitepapper: http://doc.ubcoin.io/whitepaper.pdf?v1
Telegram Group: https://t.me/ubcoinmarket
Twitter: https://twitter.com/ubcoin
Facebook: https://facebook.com/Ubcoin-838741126308809/
ANN thread: https://bitcointalk.org/index.php?topic=3109856.0
Bounty thread: https://bitcointalk.org/index.php?topic=3094107.0 

Author: https://bitcointalk.org/index.php?action=profile;u=2128756 

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Upvoted. Feel free to follow me for more information regarding crypto~
@samtan91

Hi - This post has been upvoted by an in-development voting bot, which was created for a university project-work!
Please also leave a upvote for me, so that my votes will mean more in the future!