UMKA

UMKA

Created using Figma
Created using Figma

Last Update

Jul 12, 2018

Problem: Centralization: finance and data are accumulated and managed by a single entity. Platform regulations, the amounts of fees and commissions, and the system’s technical parameters may be amended without the consent of the users UMKA solution: is a 100% decentralized user-managed system. All data on transactions, ratings and key user data are stored on the blockchain.
ICO
Jun 1, 2018
Dec 1, 2018
100% completed
$487 164
29
cap
goal
48% goal completed
Goal 1 000 000.00 USD
Cap 10 000 000.00 USD
past
  • 1 UMK
    =
    0.1 USD
Token Details
Ticker
UMK
Accepted Currencies
ETH, BTC
Company Details
Registered Country
Seychelles
Additional Details
MVP/Prototype
Yes
Platform
Ethereum / EOS
KYC
Yes
Categories
Platform, Education

About UMKA

UMKA is an efficient project implementation and a team-building tool based on the blockchain technology.

One of UMKA’s goal is to form the expert communities and give them the best environment for work, education and personal development.

UMKA means financial safety for all users: all platform transactions use agile smart contracts based on blockchain technology. AgileSC offers an opportunity for stage-by-stage project payments and agreed-upon amendments while guaranteeing efficiency and convenience for all parties involved.

Features

UMKA is a comfortable space for cooperation between employers and contractors that offers a wide array of useful tools integrated into its system

  • Digital passport contains user’s data. The data is stored on the blockchain. The digital passport contains all the information about about user’s skills and qualifications, his/her workexperience and a possible list of courses completed within UMKA platform sources. The digital passport makes easier for employers to find freelancers with the required skill set;
  • AgileSC (Agile Smart Contracts) is a unique technology developed by the UMKA team. They make it possible to break a project into iterations, set milestones and set them up by adjusting the three parameters: TIME, Work and Budget. Using Agile SC minimizes risks for both employers and freelancers;
  • Arbitration system is a system for resolving the disputes that arise on the platform. Arbiters anonymously review disputes and make a decision favouring on of the parties involved. After that the arbiter presents a thorough review of the case. The arbiter is rewarded 5% of the disputed amount.
  • Project groups are for cooperation with groups of freelancers. Employers can create project groups to organize the work of multiple freelancers working on a simple task. The employer signs an Agile Smart Contract with each of them individually.
  • GNMT — Google Neural Machine Translation integrated in UMKA’s chat engine to help users from different countries communicate freely; 
  • Integrated online courses are a useful bonus for the users of the system that allows them to take online courses from world’s leading universities and learn new skills. The results are recorded in their digital passports;
  • 15 cryptocurrencies and fiat currencies will be used on the UMKA platform. Every currency is represented by a corresponding asset in the blockchain, there are no transaction fees;
  • An asset is essentially a token (or an equivalent) for a currency in the UMKA blockchain supported by the cryptocurrency balance on a user’s account in the UMKA wallet and the fiat balance on the account of the UMKA entity. Assets allow minimizing transaction costs for users, since the flow of funds inside the platform will not be influenced by other blockchains’ or banks’ commissions. Assets are used for fast work of smart contracts and financial security guaranty for users;
  • The UMKA project team plans to hold a number of Hackathons to attract employers, developers and mentors. UMKA partners will have the opportunity to define the topics of Hackathons;
  • A full package of legal documents: Terms and Conditions, Privacy Policy: https://umka.city/documents/.

Technical Info

The decentralized application UMKA is based on a fast turing-complete blockchain with inexpensive and flexible smart contracts (AgileSC) along with the Byzantine fault-tolerant (BFT) Delegated Proof of Stake consensus algorithm, based on EOS.IO

EOS is a blockchain that allows for smart contracts for decentralized applications and decentralized autonomous organizations. EOS has solved the issue of scalability that popular blockchain systems, such as Bitcoin and Ethereum, were unable to solve. 

There is no transaction cost in the sense it’s used in other blockchains. There are no “miners”, whose work has to be paid by users who want to make a transaction. In EOS, there are block makers, who are rewarded for their work by the network.

All transaction within the service are done via the internal Umka Wallet using smart contract assets. In order to start working with the service, users need to create a personal wallet and recharge it using a debit or credit card, PayPal or a cryptocurrency wallet.
UMKA takes a 1% commission from the transaction's amount which is withheld from the employer's funds.

UMK is the security token of the UMKA platform. The UMK token guarantees participation in the distribution of the platform’s revenue. The token balance will be shown in the user’s wallet, and rewards will be accumulated proportional to the amount of tokens.

 

UMKA Roadmap

  • Q2 2017

  • Idea and concept development. Development of an interface demo version for internal testing on iOS and Android
  • Q3 2017

  • App testing in target groups
  • Q4 2017

  • Concept follow-on improvement in accordance with new market and technological trends and testing results
  • Q1 2018

  • Platform announcement. Development of prototype based on the improved concept.
  • Read More
  • Q2 2018

  • Creation of a working prototype of the mobile app MVP on blockchain, AgileSC integration. Testing of the app in target groups. Advertisement campaign start
  • Q3 2018

  • AgileSC follow-on improvement and testing. Blockchain and interface follow-on improvement and development. Mobile and web apps alpha version launch. Open alpha testing of the blockchain and AgileSC. IPFS integration. Implementation of the functionality: project groups. Implementation of the functionality: group chats, professional communities. Hackathons.
  • Q4 2018

  • Beta testing of the mobile app and Blockchain launch. UMK token listing on exchanges. Integration of educational programs. Integration with third-party services. Implementation of the functionality: a digital passport, testing systems, expert arbitration. Adding operation with 7 additional crypto currencies and fiat currencies. Hackathons.
  • Q1 2019

  • Final release of UMKA application. Full-fledged advertisement campaign. GNMT integration

Activity

Followers:
4 782
MEDIUM
Tweets:
219
MEDIUM
30 Days Growth:
-45
Members:
2 649
MEDIUM
30 Days Growth:
-306
Year commits:
0
Watchers:
5
Stars:
0
Forks:
0
Open issues:
0

UMKA Team

Verified 75%

Attention. There is a risk that unverified members are not actually members of the team

2 ICO

$11 177 528

Timur Akhmedjanov
CEO
verified

2 ICO

$11 177 528

Sergey Sukhanov
COO, Blockchain Expert
verified
Evgeniy Mitrofanov
CTO
verified
Matvey Bogomolov
Blockchain Developer
verified
Vasilii Sorokin
Fullstack Developer
verified
Daria Gefenider
PR
unverified
Stanislav Belsky
SEO, Internet Markering
verified
Antonina Afanaskina
Designer, UX/UI
verified
Julia Shakhtina
Designer
unverified
Constantin Bryzgalin
Lead Developer, DevOps
unverified
Anatoly Ryumkin
iOS Developer
unverified
Yevgeniy Lozovich
Android Developer
verified
Andrey Smolnikov
Frontend Developer
verified
Aleksey Tsyttser
Designer, UX/UI
verified
Roman Baev
Designer, UX/UI
verified
Ann Sozinova
SMM
verified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Nick Mikhailovsky
Advisor
unverified
Maxim Khalin
Advisor
unverified

UMKA Interviews

Timur Akhmedjanov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
CEO
Sergey Sukhanov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
COO
Evgeniy Mitrofanov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Working on the technical side of blockchain utilization and smart contracts development.
Matvey Bogomolov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Blockchain Developer
Vasilii Sorokin
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Front-end developer
Stanislav Belsky
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
This is the best and most promising project I've ever participated in!
Antonina Afanaskina
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Designer, UX/UI
Yevgeniy Lozovich
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Android Developer
Andrey Smolnikov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm a front-end developer. UMKA is a great project in which I apply all my knowledge and learn new things
Aleksey Tsyttser
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
UX/UI Designer
Roman Baev
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
hello
Ann Sozinova
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
SMM Manager

UMKA Last News

3.98
stable
5.0 15
ICO Profile Vision Activity Potential Product Team

UMKA Reviews

expert-coin.com
reviews

Strengths: demo version of app available in AppStore and Google Play. Extensive market overview and great vision.

Weaknesses: no financial and marketing plans. Freelance and remote work market is very saturated and the level of competition is high; UMKA doesn’t have groundbreaking advantages that differ it from numerous competitors. There are just two advisors. Team members biographies should be on website and in WP, members with international backgrounds are needed; there are too many developers in the team, while experts in business and management, ICO, finance, legal and cryptocurrencies are missing.

Read More
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