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Ubank launches a Token Sale for Ubcoin Market, a peer-to-peer ecosystem that will permit its customers to transform crypto buyers just by promoting actual items and receiving cryptocurrency in change.
The staff in the back of the cell bills app Ubank expands its industry and launches a blockchain ecosystem referred to as Ubcoin Market. Its contributors can be ready to simply promote and purchase actual items in change for cryptocurrency. The Token Sale is indexed and favorably reviewed on foundico.com, icobazaar.com, and different ranking platforms.
Ubcoin Market bridges the space between crypto and actual worlds. On one hand, those that don’t seem to be smartly-versed in blockchain can be ready to transform crypto buyers in a very simple and secure method, and, however, skilled individuals of the decentralized universe can be empowered to spend their crypto wealth with out changing it to fiat currencies.
Ubcoin Market gives an answer for 2 transparent-minimize and goal alternatives. The first alternative stems from virtually 2 billion virtual voters, a lot of whom are keenly in cryptocurrency however have their trail to crypto funding hindered via technological and criminal obstacles: mining is costly and converting fiat cash to cryptocurrencies is a bulky procedure. The 2d factor is the only confronted via greater than 23 million cryptocurrency house owners who don’t seem to be ready to simply spend their crypto investments due to restrictions imposed via governmental and fiscal organizations.
“If people want to sell their goods, they know where to go — eBay, Taobao, Etsy (60% of all internet users sell and buy goods on similar peer-to-peer platforms, according to Internet Retailer 2017). We do not compete with those platforms for users who want to receive fiat money. Our goal is to give consumers an easy way to become investors in crypto coins by using a peer-to-peer mechanism that is very familiar to them, — says Felix Khachatryan, Ubank’s CEO. “You put up your goods — a laptop, a car, an item of clothing, whatever — for sale, sell it, receive tokens, and then hold them as investment or means of payment or change it to any major cryptocurrency like Bitcoin or Ethereum. And that’s it, now you are a crypto investor. Same way, you can buy anything you see on Ubcoin Market using the crypto wealth you’ve accumulated without exchanging it to ‘real’ money.”
The Ethereum-powered platform will advertise peer-to-peer interplay via slicing out the intermediary; supply an absolutely criminal market via growing an AI era for pre-screening supplier postings for possible infringements of explanation why, morality, protection, and due care; and domesticate an open neighborhood via making the API to be had for adapting the platform for native wishes and via attractive 3rd-celebration suppliers as smartly.
Ubcoin Market can be built-in into Ubank — the main cell bills app in the Eastern Europe that has been pre-put in via Samsung and Fly on their smartphones.
Ubank used to be introduced in 2013. It won an $eight million funding from Runa Capital fund. As of as of late, the app has 2.five million per thirty days energetic customers, has been downloaded via greater than 16 million customers all over the world and it processes 20+ million transactions a yr.
The staff in the back of Ubank and Ubcoin Market is composed of 50+ extremely professional tech pros, global-magnificence best managers, and skilled advertising officials.
Felix Khachatryan, founder and CEO at Ubank and Ubcoin, is knowledgeable on cell packages, SaaS, and bills. Jan Mazhar — founder and investor of Ubcoin — is a VP of Product Development at FLY Mobile, probably the most best five smartphone manufacturers in Russia. Andrew Lee, some other founder and investor of the mission, is a Commercial Director of Union Services, with 20+ years of enjoy in international markets and cell trade. Stan Danysh, Ubcoin’s COO and Ubank’s managing spouse, is a former deputy chairman and Head of Operations at MDM financial institution, probably the most main non-public banks in Russia. Alexandr Putilin, CTO and Chief Blockchain Developer of the mission, is a device engineer with 15+ years of enjoy in business building. Marina Lerner, CMO at Ubcoin and Ubank (since 2013), is a former Head of Brand Management at HeadHunter Group, probably the most treasured Russian Internet firms (Forbes, 2018).
The advisory board is an outstanding number of international industry pros, concept leaders in their fields, and lengthy-time period companions of the Ubank staff. Yama Bassam is an American entrepreneur, an angel investor with over a decade of nationwide and global finance and banking govt enjoy, and a member of FINRA since 2003. Maxim Filin is a senior govt at Motorola (Russia and CIS merchandise), with years of enjoy running on the best trade firms coping with cell gadgets, networks, and applied sciences. Evgeniy Pavlov is Head of Sales and Business Development at Bitfury in Russia, CIS and the Eastern Europe. He has been concerned in promoting and marketplace-launching new cell merchandise for greater than 13 years. Oleg Bud manages smartphone portfolio for rising markets at Samsung. He has been running with cutting edge cell gadgets and products and services for greater than 15 years.
After the Token Sale and the release of the MVP in Russia and in the Eastern Europe, Ubcoin Market plans on unfolding a world enlargement, ranging from the Middle East and South Korea (2019 2Q), South and South-East Asia (2019 3Q) and Latin America (2019 4Q). For now, the platform is making plans to goal particular person customers, however in mid-2019 goes to get started running with small and medium-sized companies.
About Ubcoin Market
Ubcoin Market is a blockchain mission growing a sensible ecosystem for simply making an investment and exiting cryptocurrency via purchasing and promoting items and products and services. Ubcoin Market used to be based via the similar staff that based Ubank, the main cell bills app in Eastern Europe that has been running since 2009 and, as of as of late, has 2.five million energetic customers, greater than 16 million downloads all over the world, and has been pre-put in via Samsung and Fly. To be told extra in regards to the imaginative and prescient and the construction of the mission discuss with its website online and browse is whitepaper.
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