Ubecoin
Ubecoin(‘UBE’) is an ERC20 standard token based on the Ethereum technology and blockchain. UBE is a medium of exchange used within Ubecoin ecosystem and allows for a secure, private and decentralized method of confirming and conducting transactions within the network. Ubecoin is a hybrid cryptocurrency that can be utilized as a medium of exchange between business merchants, consumers, and speculators in a new blockchain globally. UBE’s mission is to give power back to the merchants by disrupting the traditional barter model globally and transforming it into a community based, decentralized subscription model. UBE is also on-boarding the gaming and entertainment sector into the Ubecoin ecosystem which instantly creates an uplift in consumer to business transactions via FreeTradeBarter by providing multiple avenues for gamers to spend their wallet. This will also create further opportunity for the Merchant network to gain access to a wider range of consumers that would not currently be available to them. This will truly complete the sales cycle where Ubecoin will be used as a medium of exchange for B2B, B2C, and C2B.
Contents
Project Summary
UBE Limited’s Mission To give power back to the merchants.
UBE Limited’s Vision To disrupt the traditional barter model globally by transforming it into a community based, decentralized subscription model.
Ubecoin is growing Global Business Ubecoin will be used as a medium of exchange from Business to Business (B2B), Business to Consumer (B2C) and Consumer to Business (C2B).
Free Trade Barter A 100% owned subsidiary of UBE Limited which will offer a complete Global business directory of merchants who accept Ubecoin as a method of Payment. With enhanced geolocation search functionality and direct communication, the user will always be able to find a merchant no matter wherever in the World.
Zero Cash Transaction Fees Ever On average existing barter platform, businesses charge cash fees of 10-13% on each buy/sell transaction. Traditional barter platforms often require joining fees, advertising fees, non-trade fees, and lock-in contracts. These fees cut into profit margin and drastically diminish the advantage of using barter abd a means to grow business. Ubecoin and Free Trade Barter are 100% cash transaction-fee free. A single annual subscription grants access to the Free Trade Barter network with unlimited advertising capacity saving the time and money when calculating expenses.
Website Security UBE Limited & Free Trade Barter websites utilize EV SSL certification “green bar” security. “EV” stands for Extended Validation. Extended Validation SSL Certificates are a new type of SSL Certificate which is intended to give users more confidence with whom they are transacting. UBE Limited & Free Trade Barter control and own web sites. Security conscious online shoppers prefer to transact on websites protected with an EV certificate, according to a 2015 Consumer Trust Survey published by the CA Security Council.
Security and Accountability There are thousands of cryptocurrencies, with more being created every day, and they exist in a market which is volatile and unregulated. UBE Limited is created by experts from around the world in cryptocurrencies, finance and business management. As a good corporate citizen UBE limited is committed to the highest standards of Corporate Governance and Corporate Responsibility, with transparent, measurable and accountable processes and procedures being its core tenets. Additionally, Ubecoin is ERC20 token standard compliant, meaning it can be stored in any ERC20 compliant wallet.
ERC20 Compliant and the Ethereum Architecture Ubecoin has the advantage of leveraging Ethereum’s highly established blockchain network. This means that Ubecoin will be updated with the most advanced security features and will always be on the cutting edge of cryptocurrency technology. Ubecoin is ERC20 compliant which brings uniformity, reduced complexity and enhanced compatibility. This means the existing consumer base of people who hold approved ERC20 wallets will have an instant opportunity to participate in the Ubecoin ecosystem.
Token Model UBE Limited has pre-mined 90% of the total utility token allocation for the furtherance of its business activities both now and for the future. As part of Ubecoin advanced security protocols, only a relatively small number of tokens will be held in multiple “hot” wallets at any one time to disseminate amongst Ubecoin networks or provide liquidity within the marketplace. A combination of cold storage techniques will be applied along with real-world physical security measures to ensure the safekeeping and protection of the digital asset.
Initial Exchange Offering (IEO) Ube Limited is undertaking a number of IEOs starting with two IEO’s through Global Crypto Exchanges, LATOKEN, and OEX. Both of these IEO’s commence on 4th April 2019 and will end on 4 June 2019 (or until sold out). The IEO’s will release 300 million Ube Tokens. Investors who participate in the IEOs and purchase tokens will receive the following bonuses:
- For investments of less than US$50 – a 5% bonus
- For investments between US$50 to US$149 – a 10% bonus
- For investments between US$150 to US$299 – a 15% bonus
- For investments between US$300 to US$1000 – a 20% bonus
- For investments exceeding US$1000 – a 30%bonus
Use of Funds UBE Limited’s TGE will be conducted to raise funds to execute its strategies and implement its initial Vision of creating a global bartering blockchain platform which will provide merchants with a low cost transparent interactive subscription-based economy, and further UBE Limited’s multi-jurisdictional global objectives. UBE Limited’s strategy to increase market share within the barter industry is via strategic mergers, acquisitions, partnerships, and strategic alliances. This will create consolidation, increase market share and broaden the customer base by migrating merchants from the incumbent barter model onto the FTB subscription base model.
Ubecoin Partners The more merchants and consumers that join the network, the greater the liquidity of the Ubecoin market. This will create a greater diversification of goods and services that will be offered. The trade of goods and services will establish the value of Ubecoin and will drive its market Capitalisation. By on-boarding small to medium business and the online entertainment sector into the Ubecoin ecosystem, Ubecoin will instantly create an uplift in consumer to business transactions and provide multiple avenues for gamers to spend their Ubecoin.
IEO Details
- Price $0.10c
- US$50 – a 5% bonus
- From US$50 to US$149 – a 10% bonus
- From US$150 to US$299 – a 15% bonus
- From US$300 to US$1000 – a 20% bonus
- From US$1000 – a 30% bonus
Team and founders
- David Wilmot – Managing Director
- Laurie Ziatas – Chairman
- Andrew Stokes – Director of Sales and Marketing
- Tracy Nicol – Chief Operating Officer
- Shane Deas – Blockchain Developer
- Julian Wilmot-Barr – Finance Officer
- Michael Wilmot – Asset Security
- Malcolm Miller – Business Development Manager
- Mark Hamon – Advisory
- Karlo Kempis – Advisory
- Ash Hoey – Advisor
- Navdeep Garg – Advisor
- Bella Zovmiz – Advisor
- Leslie Elliot – Advisor
- Andrew Wright – Advisor
- Lalit Bansal – Advisor