The dynamic development history of Ubcoin platform and Token economy

in #cryptocurrency6 years ago

The Ubcoin is a cryptocurrency based marketplace in the online digital ecosystem of the cryptocurrency industry. They are using blockchain technology and decentralized ecosystem in their marketplace infrastructure. They are making the mobile marketplace for buying and selling real goods for the cryptocurrency. They created UBC token with the smart contract of the Ethereum blockchain platform. We can more about the UBC toke and token sale detail from their white paper. The whitepaper link of this platform is https://doc.ubcoin.io/wp_eng.pdf. You can purchase UBC token from the Ubcoin website. The website link is https://ubcoin.io/en/ico.

The Ubank application features:

The Ubcoin is a blockchain technology based cryptocurrency platform in the online digital ecosystem of the cryptocurrency industry. This platform is bringing together sellers and buyers in one convenient marketplace for the Ubcoin mobile app. This platform is facilitating payment system in the UBC cryptocurrency. This platform’s application is providing convenient search tools to find out goods service and facilities and for supplying rich information necessary for making a decision in regard to buy and sell products specifically. This platform is giving facilities for payments as well as regulates business relations between buyer and seller using a set of smart contracts on Ethereum blockchain. The Ubank application features are given below:

Features for storefront section:

This platform is giving product categories screens and product description screens in the Ubank app. This app has a smart search engine based on the search string, geography, product descriptions, user reviews as well as rating and prices with relevance algorithm. This application is providing AI (Artificial Intelligence) based engine. It can show pre-screening user posts, product descriptions, visual as well as video content. The website link is https://ubcoin.io/en/ico.

Features for seller account management sections:

The Ubank application has Easy-to-use tools for creating as well as managing sale posts. This app is providing tools for promoting as well as targeting posted ads according to ad stats such as views, clicks, conversions, reviews etc. This app will show terms of sale as well as payments management screens. This application will provide as a sellers crypto wallet. It is also providing review management screens and CRM.

Features for buyer account management section:

The Ubank app will be saved favorites as well as previous searches. This application will also provide buyer’s crypto wallet. This application will save buyers purchasing history. The Ubank application has smart recommendations engine based on previous searches as well as purchase history. This application has purchase review management tools.

Development history timeline of the Ubcoin platform:

The Ubcoin is a blockchain technology based cryptocurrency platform in the online digital ecosystem of the cryptocurrency industry. This platform is bringing together sellers and buyers in one convenient marketplace for the Ubcoin mobile app. This platform is facilitating payment system in the UBC cryptocurrency. This platform’s application is providing convenient search tools to find out goods service and facilities and for supplying rich information necessary for making a decision in regard to buy and sell products specifically. This platform has developed many things and they are developing more as well as they will be developing more things in the future. They have started their development in the year 2015. The development history timeline of the Ubcoin platform is given below:

On the year 2015-2017:

This platform has started a strategic partnership with MDM bank and launched a co-branded card. During this development time, they launched the Ubank financial marketplace model. At this time they got 6.1 million downloads of Ubank app on Google play store. They started a strategic partnership with Sovcom bank. During this time’s end, they got 12 million downloads of Ubank app on Google play store.

In the year 2018:

In the March to May 2018, they conducted limited private pre-sale and token sale of the platform successfully. They have developed beta Ubcoin marketplace for existing Ubank app in June 2018. In the August 2018, the larger development team is formed and beta smart contract platform developed. They formed support as well as verification team. Their UBC token is listed on major exchanges. They will start beta testing of MVP through existing app distribution channels with leading smartphone manufactures in September 2018. In the quarter of 2018, they will launch a marketplace in Eastern Europe. They will also develop basic KYC (Know Your Customer) framework.

In the year 2019:

In the first quarter of this year, they will still launch the marketplace in Eastern Europe. They will start app distribution agreements extended to additional regions. They will develop beta open PAI. At the second quarter, they will launch marketplace in the Middle East and South Korea. They will develop beta AI (Artificial Intelligence) screening and start in-app support for UBC conversions from ETH and BTC. On the third quarter of this year, they will launch marketplace in South Asia as well as Western Europe. They will make available open API by developing. In the fourth quarter, they will launch a marketplace in Latin America. They will become a full AI screening tool rolled out the platform.

In the year 2020 to 2022:

During this time of development, they will launch the marketplace in North America. This platform will be starting the organic growth of the platform. They will start a strategic partnership with the non-crypto online marketplace to enrich customer’s experience. They will be continuing ongoing improvements of technology to enhance marketplace experience.

The Ubcoin token sale detail:

The Ubcoin is a blockchain technology based tokenize cryptocurrency marketplace in the online digital ecosystem. They already created a Ubcoin token with the smart contract of the Ethereum blockchain platform. This token was created as utility token for settlement of smart contracts and fees on fees on the Ubcoin marketplace. This token is ERC20 standard. The token name is Ubcoin token. The token abbreviation is UBC token. The UBC token network is Ethereum and ERC20 standard. The maximum supply of the UBC token is 4, 000, 000, 000 UBC (Hard Cap). They will not create any more token after the token sale end. The private pre-sale starting time is 10 March 2018 at 00:00: 00 GMT and end time is 31 March 2018. 23:59:59 GMT. It can be closed after the reaching hard cap. The Private pre-sale maximum token supply is 200, 000, 0000 UBC tokens. The hard cap for the private pre-sale is 21, 500 ETH. The private pre-sale price is 1 UBC = 0.0000535705 ETH or 1 ETH = 18, 667 UBC tokens. The discount on token sale is 57%. The website link is https://ubcoin.io/en/ico.

The public token sale detail:

• The public token sale start time is 2 April 2018
• The public token sale end time is 14 July 2018.
• The hard cap is 157, 5000 ETH.
• The minimum transaction amount is 0.01 ETH.
• The public token sale will be held in 6 stages.

Conclusion:

We should purchase their token as early as possible from Ubcoin website. We can take a discount from the token sale event. We must join them to take all the facility of the cryptocurrency industry marketplace in our physical life.

We can know detail about the Ubcoin platform by visiting below links:

• Company Website: https://monoreto.com/
• Twitter Pages: https://twitter.com/ubcoin
• Telegram Group: https://t.me/ubcoinmarket
• Reddit Profile Link: https://www.reddit.com/user/ubcoin
• Medium Blog Link: https://medium.com/@ubcoin
• Youtube Channel Link: https://www.youtube.com/channel/UCRB5FO3TQHqVEQs3kWUkaow
• GitHub Profile Link: https://github.com/ubcoin/ubcoin#links
• Facebook Page Link: https://facebook.com/Ubcoin-838741126308809/
• Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3109856.0
• Whitepaper Link: https://ubcoin.io/en/whitepaper

• BitcoinTalk User Name: group.bdworkers
• BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1300411

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