Jul 6, 2018
Ubcoin Marketplace is a global mobile marketplace for buying and selling real world goods for cryptocurrency. The number of cryptocurrency holders is projected to increase nearly 10-fold, from the current 22 million to 200 million worldwide by 2020. The simplest way to become an owner of cryptocurrency is by selling goods for crypto. This approach will drive mass adoption in the coming years. Capitalization of the cryptocurrency market is around $400 billion. There is a great demand to spend that wealth by buying real world goods for crypto. Nearly half of all online buying and selling activity now occurs in marketplaces, while mobile commerce will soon surpass web commerce as global smartphone penetration reaches 37% of world’s population by 2020. The Ubcoin Marketplace is not a greenfield project, but an extension of the Ubank mobile app: A matured company, existing since 2009, Our current product, Ubank, has over 16 million installations worldwide, We consist of 50+ developers, top management and advisor talent, Ubcoin will enhance and reinvent existing product value proposition, Samsung and Fly pre-install our current product on all smartphones, sold in CIS, including flagship Galaxy 9. The token sale seeks to raise financing to expedite development of Ethereum blockchain-based smart contracts, of AI-based screening and KYC technology, and to fund global expansion. Ubank app’s unique distribution model through pre-installation by manufacturers will be scaled to new geographies.
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; • CRM
Buyer 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.
March - May 2018
2006 - 2011
2013 - 2014
2015 - 2017
2018 - WE ARE HERE
4 Q 2018
1 Q 2019
2 Q 2019
3 Q 2019
4 Q 2019
Attention. There is a risk that unverified members are not actually members of the team
$4 500 000
Market Competitive environment:According to BI (Business Insider) report, over the period 2015-2020 the annual average growth of mobile online payments in the amount of 40% is expected, the volume of such payments will grow to $128 billion by 2021, and the number of people making payments will grow at the same rate and will make up about 150M people by 2021.EBAY, Amazon, Aliexpress, etc. are indirect competitors among global marketplaces, but for today they didn’t adopt blockchain and opportunity to pay with cryptocurrency. Ubcoin claims to get significant competitive advantage with the use of blockchain-technology and cryptocurrency payments.OpenBazaar is the closest competitor, but since it is fully decentralized it is prone to darknet-like transactions because there is not monitoring and screening of postings. Ubcoin is committed to fully legal transactions and goods being sold on its marketplace.There are the following competitors on the decentralized market:Storiqa – in the course of ICO $25M was raised, capitalization - $64,2M, ROI USD - 1.14xINS Ecosystem - raised - $41,5M, capitalization - $23M, ROI USD - 0.30xSoma - raised - $6M, capitalization - $0,8M, ROI USD - 0.20xIn the near future leading cryptocurrencies plan provide buyers with single payment solution, where payment gateways will be integrated, which allow making payment not only in crypto currencies but also in fiat. However, the legislative regulation of the crypto currencies of majority of countries is in its infancy.
The project advantages:The main advantages of Ubcoin are as follows:Large existing user-base, not a greenfield. DApp has access to 16 million apps for immediate distributionMinimum mediators. Using the app, the number of participants taking part in the process of link sale is maximally minimized – the process occurs P2P according to smart contract conditions.Decentralization. The app provides that initiating, settlement and consulting of transactions will be recorded in blockchain. Thus, all necessary information will be always available and which is very important – no one could change it.Smart contracts automate executionZero cost for internal UBC token transactionsUnique distribution strategy through app preinstallations
SOCIAL ACTIVITYThe project popularity in the social networks and discussion forumsAs of June 12, 2018 the user base in the project social networks counts over 35K users, however, the audience activity is low.Twitter — 20,9K, 1 post has on average to 50 likes and shares.Facebook — 13,3K followers, the average number of likes and shares per post - 60.Medium – 404, but feedback of users regarding posts is low (on average 50 claps), there are no comments.Youtube – 3,3K of subscribersThe profile in bitcointalk, which also represents the project bounty campaign – Member level, activity - mediumIn the official channels of Telegram the number of users are high - 30K., very active - especially in English, Korean, Indonesian and Chinese groups
he Ubcoin project is expanding its business as a marketplace and intends to offer its own token to be used in transactions on a proprietary platform developed on the basis of the successful Ubank product.
Despite the use of cryptocurrency’s rapid increase in popularity, it still remains somewhat incomprehensible for the majority. Many prefer to stay away from any non-fiat transactions due to conservatism; there is only a superficial penetration of cryptocurrency into everyday life. Ubcoin may have to deal with this problem. However, the project counts on attracting crypto users, rather than those who prefer to settle in fiat currencies.
Factors that could have a negative impact on the future development of the project and the forthcoming ICO include the following:
However, we note that the project has advantages over its competitors; a business model and a global marketing strategy are presented, and the token is tied to platform services. Unlike its competitors, the project has a ready audience as a result of 16+ million installations of the Ubank app; the Ubcoin Marketplace will be part of this, which is an advantageous position compared to competitors that have to build up their user bases from scratch.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.