[ICO] Ubcoin (UBC) A marketplace where anyone can safely and instantly sell or buy real goods in exchange for cryptocurrency.
Ubcoin Marketplace is a global mobile marketplace for buying and selling real world
goods for cryptocurrency.
The number of cryptocurrency holders is projected to increase nearly 10-fold, from the
current 22 million to 200 million worldwide by 2020. The simplest way to become an
owner of cryptocurrency is by selling goods for crypto. This approach will drive mass
adoption in the coming years.
Capitalization of the cryptocurrency market is around $300 billion. There is a great
demand to spend that wealth by buying real world goods for crypto.
Nearly half of all online buying and selling activity now occurs in marketplaces, while
mobile commerce will soon surpass web commerce as global smartphone penetration
reaches 37% of world’s population by 2020.
The Ubcoin Marketplace is not a greenfield project, but an extension of the Ubank
• A matured company, existing since 2009
• Our current product, Ubank, has over 16 million installations worldwide
• We consist of 50+ developers, top management and advisor talent
• Ubcoin will enhance and reinvent existing product value proposition
• Samsung and Fly pre-install our current product on all smartphones, sold in 10
countries of Eastern Europe and Central Asia, including flagship Galaxy 9
The token sale seeks to raise financing to expedite development of Ethereum
blockchain-based smart contracts, of AI-based screening and KYC technology, and to
fund global expansion. Ubank app’s unique distribution model through pre-installation by
manufacturers will be scaled to new geographies.
What is Ubcoin?
The Ubcoin is a first of its kind crypto-goods person to-person exchange that is using marketplace platform so that anyone can safely and instantly sell any good’s and become cryptocurrency holder or buy any good’s and forget about getting fiat money first.
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.
These four pivotal forces combine in the global mobile marketplace where people can:
• Easily become owners of cryptocurrency by selling goods
• Easily spend their cryptocurrency wealth by purchasing real world goods
The global Ubcoin Marketplace, powered by Ethereum blockchain and the exchangetraded
UBC cryptocurrency, enables these endeavors with peer-to-peer smart contracts
for buying and selling goods:
• Sellers are interested to receive cryptocurrency for their wares. Utility of settlement
+ Investment vehicle = mass adoption of digital currency;
• Buyers are realizing the cryptocurrency investment gains and purchasing power, yet
are spared the pain and risks of switching between crypto and fiat currency;
• Smart contracts ensure that transactions are seamless, secure, enforceable,
transparent and decentralized.
The smart contract technology allows the Ubcoin Marketplace, to ensure safety,
executability, intractability and verifiability of a transaction, successfully facilitating peerto-
As regulation concerning acceptance of digital currencies in a B2C arena evolves, the
marketplace will add business sellers and buyers to its roster. The smart contracts will
obliviate many existing intermediaries, the leeches of value chains. The delivery
economy facilitates explosive growth in the form of direct manufacturer-to-consumer
transactions, allowing for much more attractive pricing for both buyer and seller. Make-toorder
manufacturing becomes a much more relevant business model.
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). The Ubcoin platform envisions seamless
engagement of these parties.
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.
How it works?
Watch our funny animated video explaining how Ubcoin Market works.
Ubcoin Background and Team
We continue to see ICOs making bold assertions about transforming entire industries,
spearheaded by individuals with no tangible experience or background in the very
industries they plan to revolutionize. We tend to see efforts led primarily by developers,
engineers, or tech entrepreneurs who bring in a panel of “advisors” to assist with
navigating whichever industry they aspire to “disrupt.”
The team behind Ubcoin has been working together since 2009. We ardently focus on
turning new technology into widely-adopted customer experience:
• We created Navifon, one of the best navigation software application at the time -
first 3D/voice guidance navigation app in Russia for J2Me and other OS phones,
even before Google and Yandex announced their 3D navigations. https://
• We launched uTalk. First aggregator of social network sites allowed for seamless
single-interface management of Google Talk, Facebook Chat, ICQ, Skype and many
other networks. By 2010, over 5 million users have used uTalk regularly. Samsung,
LG and Fly Mobile pre-installed uTalk app on more than 22 million smartphones.
• We built Ubank. To date, over 16 million users had the app installed to ease the task
of managing their daily finances spread across different banks, cards, services,
even countries. Ubank brought it all together in one convenient and intuitive
interface. The app processes tens of millions of transactions using its proprietary
payment processing technology. Leading smartphone manufacturers, including
Samsung, Fly and others pre-install Ubank on all of their smartphones destined for
the markets of a dozen countries.
We know how to treat investors well and deliver on our promises. Ubank was the
recipient of $8 million in investments, the largest in any fintech company in its home
market, in 2013. The investors exited the company in 2017 by means of a successful
sale to strategic investor.
We constantly infuse new blood into our team, both technical and managerial talent. The
technical team now numbers 51 superior programmers, designers, testers and other
technical staff. In the recent 24 months, we recruited the head of the Brand Management
team from Russia’s largest online recruiting service. Also, we snapped up the leader who
created the “2016 Best Mobile Banking App in Eastern and Central Europe” (according to
Global Finance magazine), and who also is a seasoned COO and CFO, with experience,
in his previous capacities, of raising over $400 million of financing in international
financial markets and sale of business to a major global instor, Siemens AG.
Our board of advisors includes pedigreed global business professionals and influencers,
it is not stacked with pre- ITO hype-makers. The board of advisors are long-term trusted
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.
Strategic Partners and Investors
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
Ubcoin Marketplace Product
Product Value Foundation
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
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.
Product Description and Features
Ubcoin is a mobile app, which brings together sellers and buyers in one convenient
marketplace, and facilitates payment in UBC cryptocurrency. The Ubcoin app provides
convenient search tools, facilitates payments and regulates business relations between
buyer and seller using a set of smart contracts on Ethereum blockchain. The platform will
utilize the development of numerous tools for supplying rich information necessary for
making decisions in regard to buying or selling products Specifically, extensive and
content-rich product descriptions, seller and buyer ratings, reviews, terms of sale and
execution of smart contracts.
Ubcoin is not a new standalone app, it is a new set of features, a logical next step in
development of Ubank, a leading mobile payments app in Eastern Europe.
We promote mass adoption of digital assets that are both a means of settlement and an investment vehicle.
Cut out as many intermediaries as possible. The platform facilitates smart contract execution between independent parties.
We are developing an AI technology to pre-screen seller postings for potential infringements of reason, morality, safety and due care.
Blockchain allows for decentralized initiation, settlement and fulfillment of transactions. Payments are immediate upon performance under smart contracts.
Our interface design brings harmony and seamless experience of buying and selling goods globally.
We strive to open our API to develop best adaptations of the platform for specific local needs. Also we envision engagement of third-party providers (i.e. delivery companies, notaries).
Token Supply Distribution
Limited Private Pre-Sale
The limited private token pre-sale is exclusive to contributors wanting to contribute 5
ETH or more. To be a part of the private sale you must email [email protected] with your
full name, contribution amount in ETH and your email address. We will respond with a
few simple auditing questions. Once verified, we will then add your address to the
whitelist within the smart contract so that your contribution is accepted.
The private pre-sale has an exclusive token sale rate. Allocation is done on a firstcome-
first-served basis for a total maximum lot of 32 500 000 tokens.
Public Token Sale Details)
Tokens will be offered to the public in three stages within general terms of UBC token
sale. Each stage differs only in terms of placement price per token.
General terms of UBC token sale (estimated dates, may be subject to change):
• Unsold Tokens
Tokens are minted only upon payment with ETH, thus no unsold tokens will be created at
the close of token-generation event.
• Token Payment Methods
We accept only ETH from ERC-20 token standard wallets, sending ETH from exchanges
may result in a loss of your funds.
• Team Vesting, Anti-Dumping Measures
Ubcoin team allotment of UBC is intended to be locked for the first six months after the
date of distribution, and will be vested over a period of 12 months following the end of
lock-up period, at 25% each quarter.
• Reserve Pool
During the initial stage of Ubcoin Marketplace development, at least 31% of the entire
supply will be retained by Ubcoin Reserve Pool to protect the nascent utility token
from speculative trading and to maintain flexibility at the early stages of the evolution of
the system. The Ubcoin Reserve Pool may be released in limited allotments by
decision of the Board of Directors to ensure the long-term returns and liquidity for UBC
The Ubcoin Reserve Pool tokens will be priced according to the following formula:
The price of each successive token will be higher than the previous one by one two
hundred fifty millionth. As a result, the additional supply coming from the Ubcoin Reserve
Pool will always be more expensive than the price paid by any of the existing buyers
during Token Sale.
• Token Sale Registration & Whitelisting
Our token sale requires users investing over 50 ETH to pass our KYC (Know Your
Customer) checks. Our registration form only requires very basic details. We request that
yous send one piece of ID (e.g. passport, drivers license), current residence address,
telephone number, and email to [email protected] with subject line: KYC for investment. We
will review this information and if everything checks out, your ETH contribution address
will be whitelisted and your address will be allowed to make contributions during the
token sale period. If there are any issues with your registration data, we will be sure to
reach out to make sure things are amended as soon as possible.
Registration opens as early as March for participants wanting to whitelist their addresses
as soon as possible.
• Exchange Listing
We are undergoing the listing process on five major exchanges. These undertakings
will be completed within reasonable timeframe of the finalization of ITO
Why Contribute to Ubcoin?
Ubcoin cuts through the hype with a sound application utilizing new revolutionary
technology to bridge the gap between crypto and the real world. Contributors 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 Contributors. Ubcoin Marketplace
seizes the following opportunities :
• How to use digital tokens for real world purchases?
• How to obtain digital tokens for a newbie mass consumer?
Summary of Project Credentials
• Mature existing company, since 2009;
• Current product, Ubank, has over 16 million installations worldwide;
• 50+ developers and top management and advisor talent;
• Ubcoin will enhance and reinvent existing product value proposition;
• Samsung and Fly pre-install current product on all smartphones, sold in CIS, including
the Samsung’s flagship Galaxy 9.
Summary of Preferences for Early contributors
Current use of funds is envisioned as set out below:
Social & Other Useful Links: