UBONIUM - World’s first and largest decentralized platform for Exchange Traded Crypto

in #ico7 years ago (edited)

 - SO WHAT IS UBONIUM ?
Ubonium is a financial technology company with its Headquarters in the financial district of London, United Kingdom. Ubonium was founded at the very height of the blockchain technology revolution through the famous invention such as Bitcoin Technology. Since Bitcoin, there has been numerous other blockchain technology and crypto coins known as altcoins introduced in the blockchain ecosystem at a phenomenal rate. Nevertheless, this created more than ever a need for a comprehensive and robust technologies to adapt a convenient way of integrating the movement and storage of digital assets in the blockchain ecosystem in a convenient and secure way.

With this in mind, Ubonium innovated sustainable financial products and services that complements each another within Ubonium’s ecosystem to offer its users not only convenience and security, but also offering competitive pricing for its services. Users will experience that all Ubonium’s product and services are investable, secure, scalable and usable in the cryptocurrency environment. This is an important factor in determining the success of any blockchain financial system. Ubonium’s ETCF Platform and ETCF Funds, UBOPAY, UBOBANK and UBOCARD is set to pave the way how market participants are going to interact with these nascent alternative asset class in their daily lives.

Ubonium’s product and services is also designed to be adaptable to the evolving blockchain technology and changing regulatory framework and having factored this foreseeable evolution in all its innovations, Ubonium’s product and services will have a sustainable future and will stay more relevant in the blockchain ecosystem.

 

 - ETCF MARKET PLATFORM & ETCF FUND
If you are familiar with ETF or Exchange Traded Funds you will know names like Vanguard and Blackrocks. This companies and many others own and manage ETF funds on a global scale collectively exceeding 3 trillion US dollars. ETF’s as a passive investment vehicle has grown in demand ten folds since 2008.

 Most traditional fund management companies and retail investors invests in ETF funds. But there is some underlying problem with ETF’s, in that they are managed by brokers who charges brokerage fees and fund management fees. Secondly, when you buy an ETF fund, your broker keeps it for you and you don’t get to keep them. Thirdly when you dispose ETF funds, you don’t get your settlement immediately.

Ubonium, uses the blockchain technology to disrupt the traditional financial services for ETF by introducing ETCF or Exchange Traded Crypto Funds on its ETCF Market Platform. This trading platform allows cryptonized exchange traded funds or better known as ETCF’s, allowing investors to own passively managed diversified funds in a single basket carried by a crypto token such as UBO Super Crypto 10 and many more. This decentralized ETCF Market Platform allows investors to pick and choose their preferred fund and purchase it with their desired quantity and pay for it in cryptocurrencies.

Once payment is completed the transaction is executed on the blockchain ecosystem and they receive their ETCF tokens in real time thus, allowing immediate ownership. Likewise, when the investor decides to sell his or ETCF token back into the Platform based on the prevailing price quoted and guaranteed by the fund sponsor, the seller almost immediately receives his payment in cryptocurrencies directly to his wallet. This ensures transparency on both the investor and fund sponsor end. Each fund offered on the ETCF Market Platform has its own token symbol for easy identification.

 1. Benefits of ETCF Investing
ETCF investing reduces the risks associated in investing in a highly volatile and fairly young crypto currencies eco-system. Daily price changes of crypto currencies can be quite volatile and may be hard to stomach for most people. As the adage goes to say “never put all your money in a single basket” is still relevant today in the investment world. But now with ETCFs anyone can diversify his or her investments in crypto currencies by buying into a basket of crypto currencies of various types instead of investing in individual cryptos thus reducing their risk significantly.

  • Low volatility
  • High Liquidity
  • Diversified Digital Asset
  • Transparent & Secured
  • Balanced
  • Low Cost
  • Instant Transactions

2. ETF vs ETCF

  • TRADITIONAL ETF

- Investors must wait 3 days for settlement
- Can’t keep the securities
- Only exchangeable certain times of the week
- No Transparency
- High middle-men cost
- Buying is limited to certain quantities
- Cannot move the asset easily

  • EXCHANGE TRADED CRYPTO FUNDS (ETCF)

- Instant transactions on the blockchain
- Investor can keep the ETCF tokens in his or her own wallets
- Exchangeable 24/7/365
- All transactions are transparent on the blockchain
- A flat rate of 0.45% for every buy and sell
- No limits on buy or sell quantities
- Easily transfer between wallets or exchanges 


 - UBOCOIN TOKEN (UBO)
The Ubocoin token offered for sale during the Ubonium ICO is a ERC-20 and ERC-223 Ethereum compliant token. They are safe to be used and do not perform any external calls after March 1 the ICO start date. The Ubocoin Token was designed with scalability in mind. Together with all the products and services offered on the Ubonium ecosystem, Ubocoin plays an important role in bringing value to its owners. As all Ubonium products and services uses Ubocoin, transactions costs are kept near zero and transaction speed optimized. This are the two main reason why Ubocoin is being used as a premier token in all Ubonium products.

When buying any UBO ETCF funds using Ubocoins, token owners are waived from the buy/sell spread charges of 0.45% on the ETCF Market Platform. This allows token owners to gain exposure in the ETCF Market with Zero entry cost. Also, when using Ubocoins with Ubopay, transfer of coins to other wallets are free from any charges. Likewise, Ubocoin token owners are in for great reduction in exchange fees whenever they convert any of their fiat currencies into Ubocoins on the Ubonex Exchange. Whenever, Ubocoins are moved from one Ubonium platform to another, there are zero charges.

The Ubocoin Token is on sale during UBONIUM ICO for a fixed price of ETH 0.001 per UBO. However, we believe that its value will appreciate exponentially in consistent with our UBOPAY launch, UBOBANK & UBOCARD platform launch. Reason is, Ubocoin is a scalable and a usable coin, with many real case applications that can potentially create high demand for the coin, this can expose the true value beyond what it is today. However, we do not wish to speculate the future price of the coin as we are legally forbidden from doing so: kindly take note that there is a high degree of risk in investing in cryptocurrencies, where invested capital can be lost. Ubocoin will be listed on exchanges such as Kraken, Bitfinex, Poloniex, Huobi and Quoinex. We are also in discussion with some other major exchanges to list Ubocoin on their respective exchange which we will update at https://ubocoin.com/ from time to time. 

  • Token Name: UBOCOIN
  • Token Symbol: UBO
  • Function: Exchangeable Utility Tokens
  • Token Sale Start Date: 1 March 2018
  • Token Sale Close Date: 10 May 2018
  • Cost of per UBO Token: 0.001 ETH
  • Token Type: ETHEREUM
  • Smart Contract: ERC20 & ERC223 STANDARD COMPLIANT
  • Softcap: $3,500,000 USD
  • Hardcap: $60,000,000 USD
  • Terms of Token: 70 Days max, may finish early if there is an automatic early completion of token sale
  • Maximum issues of UBO Tokens: 300,000,000
  • Unsold Tokens: All unsold tokens will be destroyed automatically and Permanently
  • Secured way to purchase tokens: ETH, BTC, LTC, BCH, XRP, DASH & FIAT PAYMENTS

 

- ROADMAP

2016 ● Founded Ubonium

2017 ● Research & Development of ETCF found. June - UBOPAY system development & testing. December preparation for ICO. December UBOBANK system architecture.

2018 ● March - Laucnh ICO. September - Release of UBOPAY sys in Singapore, Indonesia & Vietnam. December - UBOBANK service available in South East Asia, Belarus, Spain & Switzerland

2019 ● UBOBANK Service is available in Dubai (HQ). Release of UBOPAY Sys in india & Philippines.

2020 ● UBOBANK Service is available for worldwide users. Release of UBOPAY Sys worldwide.


- TEAM

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Author:

My bitcointalk name: Redfin31

My bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=860250


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