Cryptoworld: UbcoinMarket - First crypto-goods exchange

What is UbcoinMarket

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 visit https://ubcoin.io/ more information.

The goal of our company is to empower consumers around the world to invest in crypto and to enjoy the purchasing power of their crypto investments by creating a Ubcoin digital marketplace where they can freely and securely buy and sell goods for cryptocurrency.

The vision of UbcoinMarket is:

1. Many people want a simple and safe way to obtain a stake in cryptocurrency, but do not know how. They are not miners, not speculators, just individuals who see added value in investing in cryptocurrency. The number of cryptocurrency owners is projected to increase from a current 22 million to over 200 million by 2020.

2. Yet these same people are very comfortable with buying and selling on Ebay, Amazon, WeChat, Etsy, Taobao and the like. In 2016, marketplaces accounted for 44% of the world’s $2.44 trillion spent online in 2016.

3. Cryptocurrency wallets are primarily concentrated on mobile devices, with over 65% of wallets being mobile. Global smartphone penetration is projected to reach 37% by 2020.

4. Global population of digital buyers will surpass 2 billion people by 2020.

Ubcoin Marketplace

is a logical and exciting next business endeavor with the vision to improve the mass consumer experience by delivering a universal global marketplace where goods and services meet cryptocurrency. Utility and investment potential in one convenient quality product. https://t.me/ubcoin

The Ubcoin Marketplace is aligned with a select group of strategic partners, leveraging existing ties to develop a progressive vision for the future of the digital asset economy. Building national and international relationships with innovative companies enables resource-sharing, collaboration, and valuable opportunities to grow our company’s success.

These strategic partners include:

• Samsung

• Fly

• Runa Capital

Our product is founded on the following cornerstones:

Cryptocurrency mass adoption. We promote 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. Cut out as many intermediaries from the value chain, as possible. 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.

Why invest in Ubcoin?

Ubcoin cuts through the hype with a sound application utilizing new revolutionary technology to bridge the gap between crypto and the real world. Investors are not betting on an unknown invention or just an idea. The value stems from an experienced team and a transparent business model solving a real problem and capturing a tangible opportunity that no one knows better than the crypto investors. visit http://doc.ubcoin.io/whitepaper.pdf?v1 more information.

Ubcoin Marketplace seizes the following opportunities :

• How to use cryptocurrency for real world purchases?

• How to obtain cryptocurrency for a newbie mass consumer?

Bonuses for Early Investors

Token distribution

Summary of Long-Term Value Enhancing Measures

Ubcoin token is native to the peer-to-peer marketplace ecosystem. Smart contracts will not accept any other cryptocurrency for facilitating transactions in the marketplace. As volume of sales and purchases on the marketplace grows, demand for Ubcoin token will organically increase.

Long term value for those tokens starts at utility and their price also relies on supply and demand. In order to manage supply, help reduce volatility and enable persons who need UBC to obtain them, Ubcoin has created a five-pronged approach:

1) The creation of a Reserve Pool, as described in previous section, ensuring that no

new tokens may enter into circulation at prices lower than those paid during Token

Sale.

2) We intend that holders of Ubcoin tokens will be offered discounts on fees based

on their overall UBC holdings. The more UBC they own, the higher the discount will

be. This will likely incentivize clients to buy and hold UBC, further reducing the

available supply.

3) Reasonable vesting and anti-dumping prevention mechanisms, as set in previous

section.

4) The creation of a Token Buyback Program, funded with up to 10% of Ubcoins’s net

operating profits annually.

5) The creation of Burn Program, which will methodically reduce supply the more

successful the business becomes.

Long-Term Token Value

Native to ecosystem

UBC token is native to peer-to-peer marketplace ecosystem. Smart contracts will not accept other cryptocurrency.

Utility incentive

Significant portion of tokens set aside for growing business, ensuring no new tokens enter into circulation at prices lower than during initial Token Sale.

Token buyback program

UBC token holders receive discounts on fees linked to size of their UBC holdings. Incentive for clients to buy and hold UBC.

Reserve pool

Strong vesting and anti-dumping prevention mechanisms.

Team locked-in

Up to 10% of Ubcoins's net operating profits diverted to buyback at 10% above the greater of market or placement token price.

Burn program

5% of Ubcoin fees from user transactions are burned to reduce token supply as business grows.

Funds Allocation