Hello friends, today I will be doing a review on the UBCOIN marketplace. Happy reading!!!
The number of cryptocurrency holders is projected to increase nearly 10-fold, from the current 22 million to 200 million worldwide by 2020. The simplest way to become an owner of cryptocurrency is by selling goods for crypto. This approach will drive mass adoption in the coming years. Capitalization of the cryptocurrency market is around $400 billion. There is a great demand to spend that wealth by buying real world goods for crypto.
This is where Ubcoin comes in by creating its own online marketplace where real life products can be sold or bought to obtain cryptocurrency as means of payment.
Ubcoin is a mobile app, which brings together sellers and buyers in one convenient marketplace, and facilitates payment in UBC cryptocurrency. The Ubcoin app provides convenient search tools, facilitates payments and regulates business relations between buyer and seller using a set of smart contracts on Ethereum blockchain. The platform will utilize the development of numerous tools for supplying rich information necessary for making decisions in regard to buying or selling products Specifically, extensive and content-rich product descriptions, seller and buyer ratings, reviews, terms of sale and execution of smart contracts.
WHAT IS UBCOIN MARKETPLACE?
Ubcoin Marketplace — the next leap forward for Ubank, leading mobile payments app in Eastern Europe. Now with Ethereum blockchain, exchange-traded UBC cryptocurrency, and peer-to-peer smart contracts for buying goods for cryptocurrency. Ubcoin Market will become part of Ubank app as a new feature. Ubcoin Marketplace is a global mobile marketplace for buying and selling real world goods for cryptocurrency. The primary aim of the Ubcoin online marketplace is to proffer solution to the pre-mentioned problem of individuals yet not fully trusting the blockchain system, making individuals not having full interest in Crypto-Trading.
REASONS TO CHOOSE UBCOIN MARKETPLACE
• Cryptocurrency mass adoption
Ubcoin promotes mass adoption of digital assets that are both a means of settlement and an investment vehicle, thereby enlarging benefits for all parties to everyday buy-and-sell interactions.
• Peer-to-peer interaction
The platform facilitates smart contract execution between independent parties. The Ubcoin Marketplace does not own any goods for sale, it is not biased in its search results, and protects fairness of smart contracts.
• Legal marketplace
We pay special attention to ensuring the legitimacy of goods and services sold on the Ubcoin marketplace. We are developing an advanced AI technology to help pre-screen seller postings for any potential infringements of reason, morality, safety and due care. Seller profile transparency and verification will be strongly encouraged and promoted.
• Decentralization of transactions and settlements
Blockchain allows for decentralized initiation, settlement and fulfillment of transactions. Payments are immediate upon performance under carefully crafted smart contracts.
• Impeccable interface
Our interface design brings a harmonious and seamless experience of buying and selling goods globally. We will strive to open our API to the community in order to develop the best adaptation of the platforms for specific local needs of the global community.
• Open community
Some 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 platform envisions seamless engagement of these parties.
UBCOIN'S FEATURES
Ubcoin Platform operates on Ethereum-based smart-contracts. Basic features includes
- Authorization service Ubcoin-ID;
- Billing system (wallet management, deposit/withdrawal, internal transactions);
- Anti-fraud system (AI, internal regulations, ML);
- Ad platform (placement and management, premium functionality, catalogue and
search); - Auction platform (auction placement and management);
- Transaction management system (holding of funds, transaction confirmation,
transaction history); - Moderator and system administrator office;
- Customer support and arbitration system.
Token info
Ticker:UBC
Platform:Ethereum
Token Type:ERC20
Available for sale:325,000,000 UBC (50%)
Total supply:650,000,000 UBC
Financial
Pre-sale Price :1 UBC = 0.00005 ETH
ICO Price:1 UBC = 0.000125 ETH
Accepting:ETH
Soft cap:2 000 ETH
Hard cap:29,000 ETH
Token distribution
CONCLUSION
Ubcoin’s platform wants a total revolution by introducing the ubcoin marketplace platform to bring together a never imagined sense of cryptocurrency and a real marketplace, in which real life goods or services can be acquired using ETH or UBC.
Thank you for reading.
For more information kindly visit these links-
Website: https://ubcoin.io/
Whitepaper: http://doc.ubcoin.io/whitepaper.pdf?v1
Facebook: https://facebook.com/Ubcoin-838741126308809/
Twitter: https://twitter.com/ubcoin
Telegram: https://t.me/ubcoin
Medium: https://medium.com/@ubcoin
Username: Pweedy
BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=223137