Universal Labs

Market Competitive environment:
There are both large centralized players (DropBox, Google Drive, iCloud, Intel, Cisco, Amazon) and projects with blockchain:
Filecoin - $257 M is raised, capitalization is n/d, ROI USD - 1.21x
Holo - during ICO $20.4 M is raised, capitalization is $55.7 M, ROI USD - 2.79x
Dadi - $29 M is raised, capitalization is $9.8 M, ROI USD - 0.25x
Storj - $30 M is raised, capitalization is $66.3 M, ROI USD - 0.98x

The project advantages:
Store Files At The Best Rates. With decentralised global cloud storage network, enjoy highly affordable prices when you store your files in the network - saving up to 90% of storage cost compared to options including Dropbox and Amazon Web Services.
Earn Money For Sharing Your Storage. Share your storage space with the network and earn YOU Coins, our cryptocurrency that can be used to pay for services within the network or cashed out for real-world dollars.
100% File Privacy. Unlike the public cloud, no information about you is collected. Your files are encrypted and distributed across our decentralised network. Only you have access to your data and files.
No Downtime. With just a stroke of a key, retrieve your data at any time and from anywhere in the world giving you unrivalled up-time when it comes to accessing your files.

SOCIAL ACTIVITY
The project popularity in the social networks and discussion forums:
Telegram: 27.9k members, user activity is high
Facebook: 115 followers, average number of likes per post is 7, average number of sharing ings per post is 8.
Twitter: 4.1k readers, average number of likes on one tweet is 138, average number of retweets per post is 17
Medium: 54 followers, post commenting activity is very low
Reddit: 2.3k followers, average number of comments per post is 1
Bitcointalk Forum: no data

Positives
Reliable: Based on the website, Ubbey’s network block creator uses nodes that have a Proof of Storage algorithm. This makes it easier for users to keep their data stored without having it accessed by third-party hackers or other unauthorized users.
Fast: Using the P2P model, owning physical and digital assets can be transferred from one IP to another one within seconds.
Transparency: Like most blockchain services, Universal Labs uses a decentralized network that’s powered by an Ownership Protocol and Ubbey Box. This results in transactions taking place in an accurate and transparent manner.
Negatives
Lack of Working Product: We want to see Universal Labs create a working product of this project to increase its credibility across other platforms.
Security Concerns: How will Universal Labs protect their cloud storage network in the event that their data is lost?

The Universal Labs team has created an interesting product that corresponds to the concept of “working” things. In addition to direct use (data storage), Ubbey Box allows its owner to earn money for leasing surplus space.
Strong points of the project include a competent team of authors and advisors, a serious technological content, an existing MVP, open source code, and the simplicity of the product format of “a single button” – turn it on and it works.
We do not often see Whitepapers worked with such depth and thoroughness. A huge amount of work has been done, which inspires deep respect.
In his interview, Keda Che calls Ubbey the killer of Dropbox and other popular providers. Sounds really ambitious! But we have to disagree with Keda. These are different consumers with completely different motives. In our opinion, Ubbey Box is an excellent business niche for those who understand their point. In any case, we wish the guys success and a successful ICO!