 | Ubcoin (UBC) |
Ubcoin Marketplace is a mobile marketplace for buying and selling real goods for cryptocurrency.
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What is Ubcoin
Ubcoin is a mobile app, which brings together sellers and buyers in a unified marketplace.
The Ubcoin app comes preinstalled on Fly and Samsung smartphones.
Ubcoin Marketplace, powered by Ethereum blockchain and the exchangetraded UBC cryptocurrency, utilizes peer-to-peer smart contracts for buying and selling goods.
Some Ubcoin transactions may, in the future, require additional KYC/AML procedures for execution of smart contracts for certain types of deals, involving third-party providers (i.e. delivery companies, couriers, notaries).
Ubcoin marketplace will develop a special commission schedule for sale of luxury/expensive items (determined by certain price level), as a percent of sales price.
Ubcoin Roadmap
NaviFon launch - mobile navigation application.
Utalk launch - crossplatform messaging client.
Preinstallment agreement with Samsung. Ubank trademark registration.
Ubank launch.
Preinstallment agreement with Fly.
Ubank raised $8 million investment from Runa Capital, leading Russian venture investment fund. More than 3 million users.
Preinstallment agreement with Huawei.
Strategic partnership with MDM Bank.
Co-branded card launched.
Ubank financial marketplace model launched.
6.1 million downloads of Ubank app on GooglePlay.
Strategic partnership with Sovcombank.
12 million downloads of Ubank app on GooglePlay.
Beta smart-contract platform developed.
Support and verification team formed.
Beta-testing of MVP through existing app distribution channels with leading smartphone manufacturers.
MVP launch in Eastern Europe.
Basic KYC framework developed.
Full version of the app launched in Eastern Europe.
App distribution agreements extended to additional regions.
Beta open API developed.
Launch in Middle East and South Korea.
Beta AI-screening developed.
Launch in South East Asia and South Asia.
Open API available for developers.
Launch in Latin America.
Full AI-screening tool rolled out.
Marketplace launched in North America.
Organic growth of the platform.
Strategic partnerships with non-crypto online
marketplaces to enrich customer experience.
Ongoing improvements of technology to enhance
marketplace experience.
Token Sale Dates
Presale Period
ICO
Token Allocation
Funding Details
Restrictions
Bangladesh, Bolivia, Canada, China, Ecuador,<br />Iran, Israel, Korea, Kyrgyzstan, Lebanon, Liberia, Morocco, Nepal, Pakistan, United States
Token distribution
45% - Public Placement (ICO)
31% - Reserve Pool
12% - Team Allocation
5% - Limited Private Pre-Sale
4% - Bounty & Advisors
3% - Community Rewards
Funds allocation
40% - Marketing
35% - Development
17% - App distribution
8% - Legal, KYC, General
Token Price and Payment Options
Project team
Advisors
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