Summary
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 mobile app:
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 mobile app:
- 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.
Vision
- 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.
- 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.
- 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.
If You need more information you can visit official of Ubcoin in link below :
whitepapper:http://doc.ubcoin.io/whitepaper.pdf?v1
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2036617
