UBONIUM

Ubonium Platform: An Innovative Exchange Trading Platform Based on The Blockchain Technology

 

 

With the development of decentralized trading platforms and massive adoption of cryptocurrencies globally the demand for a more secure and highly scalable platform is paramount. Ubonium project is committed to that purpose. Ubonium platform is a financial technology company based in the united kingdom and has its headquarters in the financial district of London. It is an Exchange traded platform otherwise known as ETF. The platform is based on the Blockchain technology with the aim of connecting digital assets to the blockchain ecosystem in a more convenient and secure way. The company aims to achieve this goal through the use of financial products and services that complement each other on Ubonium ecosystem. Some of these products and services include; ETCF funds, Ubopay, Ubobank and Ubocard which will help participants to interact with nascent alternative digital asset class in their day to day lives. These products and services are investable, secure, scalable and usable in the internet crypto space. Also these products and services are designed to be adaptable with the present regulatory framework environment in the blockchain technology and are very much sustainable and relevant in the future. However, in order to for the user's of this amazing Ubonium multi-products and service network to support and exchange value with each other Ubocoin token was created. The Ubocoin token is revolutionary and the first of its kind. For detailed information about Ubonium project you can have a view of the company's whitepaper: https://drive.google.com/file/d/1K1yStOltj5ts8tcb-48v0Aq212HIz3D0/view. The whitepaper is very clear , simple and is not clouded in marketing lingo. This is a very great motivation for you to invest in this great and innovative project: https://www.ubonium.com/.
The Ubonium project is based on the Ethereum Network and the Ubocoin token is an ERC20 smart contract token with a decentralized governance structure . That means no single individual can have control over the business. Ethereum consensius mechanism is based on proof of work. The company has decided to supply 210 000 000 of Ubocoin tokens to the general public during the initial coin offering(ICO) at a price of 0.001ETH per Ubocoin token. They hope to achieve a hard cap of 60 million Us dollars at the end of the sale, though they have a terminal limit of 300,000 000 tokens. As I said earlier the governance structure of the coin is decentralized with the following even distribution mechanism; public sale 70%, reserve 5%, bounty and referral 5%, team 5%, early backers 5%, and founders 5%. This shows that no one group will have total control of the coin and this is a very good sign for investors who are looking for good potential investment portals . You can see that from the pattern of distribution above that only 5% of the token supply is reserve for the founders, this is very healthy for investors of the project. The company has a very large target audiences ; that is those people using Exchange trading platforms for digital currencies exchange in a more secure and convenient way. The market for this project is extremely large and great for the profitable goals of investors. Also there are no legal barriers for the investment into Ubonium project because the London government has not pose any legal treats to the establishment of the company in their environment. Any person from the globe apart from few countries are free to join the ICO. You can see that from the company''s website: https://www.ubonium.com/.


Introduction to ETCF Market Platform
Ubonium, uses the blockchain technology to disrupt the traditional financial services for ETF by introducing ETCF or Exchange Traded Crypto Funds on its ETCF Market Platform. This trading platform allows cryptonized exchange traded funds or better known as ETCF’s, allowing investors to own passively managed diversified funds in a single basket carried by a crypto token such as UBO Super Crypto 10 and many more. This decentralized ETCF Market Platform allows investors to pick and choose their preferred fund and purchase it with their desired quantity and pay for it in cryptocurrencies.
The introduction of the ETCF Market Platform will enable fund management companies, private investment companies and wealth management companies to explore the opportunity to invest in an ETF-like cryptonized digital assets for exposure into cryptocurrencies. The ETCF’s low volatility nature will be a likely attracting factor to this companies.
Comparing traditional ETF and ETCF on the blockchain technology

Benefits of ETCFs
ETCF investing reduces the risks associated in investing in a highly volatile and fairly young crypto currencies eco system. Daily price changes of crypto currencies can be quite volatile and may be hard to stomach for most people. As the adage goes to say “never put all your money in a single basket” is still relevant today in the investment world. But now with ETCFs anyone can diversify his or her investments in crypto currencies by buying into a basket of crypto currencies of various types instead of investing in individual cryptos thus reducing their risk significantly.
Any individual crypto currency can be expansive for a beginner or even a seasoned investor and a market correction of a single crypto currency can have a devastating impact to its holder. However, when invested in ETCF that holds a basket of crypto-currencies, negative exposure of a crypto currency in that particular basket will have minimum or no impact on the overall fund value.
Among other benefits holding ETCF funds notably, you will only pay trading fees once when you buy and when you sell the entire fund. Unlike individual cryptos, where you will have to pay the exchange fees every time you buy or sell. This makes the ETCF much affordable to maintain. For UBO token holders, they do not have to pay any trading fees when they buy or sell the ETCF at Ubonium trading platforms.
Introduction to UBOPAY

Ubopay is a proprietary mobile payment system developed and managed by Ubonium.UBOPAY is a hybrid mobile
payment application, in that it supports both user’s local currency of choice and payments in cryptocurrencies :

• Pay anyone, anywhere and anytime instantly
• Transfer between UBOBANK and UBOCARD with no cost
• Simple and easy but powerful application
• Auto-select function to use Local currency or Crypto autonomously
• Highly secured transactions
• Manage your UBOCARD
• Instant transactions
• Buy or Sell Crypto coins direct from UBOPAY
• No limits on transaction volume
• Integration with third-party payment gateways
• Contactless payment options – NFC/QRC
• Anyone can download UBOPAY App to their phone and start using it immediately
• Use UBOPAY as your main account. Receive and make payments, set up direct debits, shop online and in person - all with one account.

Token Structure

Token Name : UBOCOIN
Token Symbol : UBO
Function : Exchangeable Utility Tokens
Token Sale Start Date : 1 March 2018
Token Sale Close Date : 10 May 2018
Cost of per UBO Token : 0.001 ETH
Token Type : ETHEREUM
Smart Contract : ERC20 & ERC223 STANDARD COMPLIANT
Softcap : $3,500,000 USD
Hardcap : $60,000,000 USD
Terms of Token : 70 Days max, may finish early if there is an automatic early completion of token sale
Maximum issues of UBO Tokens : 300,000,000
Unsold Tokens : All unsold tokens will be destroyed automatically and Permanently
Secured way to purchase tokens : ETH, BTC, LTC, BCH, XRP, DASH & FIAT PAYMENTS
Roadmap

https://www.ubonium.com/
Detail Information
Website : https://www.ubonium.com/
Whitepaper : https://drive.google.com/file/d/1K1yStOltj5ts8tcb-48v0Aq212HIz3D0/view
Twitter : https://twitter.com/ubonium
Facebook : https://www.facebook.com/ubonium

Author : patungan
https://bitcointalk.org/index.php?action=profile;u=1733353;sa=summary