UBCOIN - Exchange For Real Items And Vice Versa Is The Easiest Way For CRYPTOCURRENCY

- April 19, 2018

Probably everyone heard something about crypto-currencies, about bitcoins, etheriums, probably even tried to buy a couple of coins on the wave of "haypas" or to collect a farm (well, or someone at all, the climate-magnate), because the crypts are now stylish, fashionable, youthful , and most importantly expensive. And, for sure, many had a thought - what can I buy for a crypto currency? Indeed, now there are not too many ways to exchange the crypto currency for real goods.
To try to solve this problem, Ubank, an electronic payment service that, by the way, is preinstalled on smartphones from Fly, Samsung and Huawei, launched an ICO (initial offering of coins), during which it will issue its own Ubcoin crypto currency and the Ubcoin marketplace application.
More information about the Ubcoin Marketplace application.

Ubcoin Marketplace will not be a separate product, but an extension to an already existing Ubank mobile application . The main objective of the application is to create a convenient place to buy and sell goods for crypto currency. Of course, there will be all the familiar ratings of sellers, testimonials, secure connection, convenient search and sorting: everything that we are already so used to see in online stores and online trading platforms.
By the way, the Ubank application already has more than 16 million users, and the number of money transactions made annually is more than 20 million.
Basic principles of the application:

Promotion of the crypto currency into the masses - everything is simple here, the crypto currency is gaining popularity, people have it, now you need a place to spend it. After all, why else need money?
Peer-to-peer (P2P, peer-to-peer) interaction - usually before the product reaches the end user, it will go through a whole chain of intermediaries, thereby increasing its value at times. The creators of the application want to get rid of the middlemen as much as possible.
Legitimacy - Ubcoin is developing an artificial intelligence system to prevent illegal transactions, scammers and unscrupulous sellers.
Decentralization of transactions - blocking technology allows transactions to be decentralized
Interface close to ideal

How will the transaction process take place:

The user wants to buy the product from the ad and presses the "buy" button;
After that, the amount equal to the price of the goods is held in his wallet;
Meeting the buyer and the seller. The buyer checks the goods. There are only three closing scenarios:
The deal was successful, everyone is happy with everything;
The transaction was rejected by mutual consent;
The transaction is canceled unilaterally:
a) The seller has decided not to sell the goods for any reason. In this case, the platform reimburses the buyer's money and reduces the seller's rating;
b) The buyer is not satisfied with certain details (condition, characteristics, etc.);
If the seller agrees to cancellation, the transaction is canceled by mutual consent;
The seller does not agree with the buyer's claims and does not want to cancel the transaction. In this case, the transaction goes to arbitration.
The buyer is not satisfied within one day after the transaction. In this case, the buyer has the right to participate in arbitration. Money can be refunded to the buyer only with the consent of the seller. If arbitration takes the buyer's side, then the seller's rating will be lowered.

Read more about the initial placement of coins (ICO)
Stages of selling tokens:

Limited pre-sale of the tokens 10.03 - 31.03:
1UBC = 0.0000535705 ETH -57% bonus, the minimum amount of attachments to receive the bonus is 5ETH (~ 2500 $)
1ETH = 18667UBC
1st stage 02.04 - 21.04
Bonus 29%
1UBC = 0.0000892857ETH
1ETH = 11200UBC
2nd stage 22.04 - 11.05
Bonus 14%
1UBC = 0.0001077586ETH
1ETH = 9280UBC
3rd stage 12.05 - 31.05
No
bonus 1UBC = 0.0001250000ETH
1ETH = 8000 UBC

Distribution of UBC tokens: The
maximum number of coins issued is 4 billion UBC

5% (200,000,000 UBC) - limited pre-sale
45% (1,800,000,000 UBC) - public sale
12% (480,000,000 UBC) - Ubcoin team
4% (160,000,000 UBC) - awards for promotion in social networks, consultants
3% (120,000,000 UBC) - awards for community
31% (1,240,000,000 UBC) - reserve fund

Why it is worth investing in Ubcoin Marketplace
Ubank has been successfully operating in the market since 2009 and inspires confidence of potential investors. The already ready Ubank platform with a large number of existing users does not need a massive investment for promotion. Also this application is preinstalled on smartphones of such large manufacturers as Samsung, Fly, Huawei. The idea itself helps to use the crypto currency as money, promotes the crypto currency to mass use.