The development team of the Ubank mobile application is launching the sale of tokens for a new ecosystem called Ubcoin Market, whose participants will be able to buy and sell real goods for cryptocurrency. The token sale is listed and approved by foundico.com, icobazaar.com and other platforms. During pre-sales, the project managed to raise more than a million dollars.
Ubcoin Market erases the boundaries between the real world and the world of cryptocurrencies. On the one hand, those who do not understand blockchain can easily become crypto investors without much risk. On the other hand, experienced players in the decentralized universe will be able to spend cryptocurrency on this platform, without converting it into fiat.
The platform running on Ethereum will develop P2P relationships, by eliminating the intermediary, and will help create a completely legal trading platform. Ubcoin Market will be built into Ubank - one of the most popular payment applications in Eastern Europe, which is installed on Samsung, Huawei and Fly smartphones by default.
After conducting a token sale and launching an MVP in Russia and Eastern Europe, Ubcoin Market plans to expand globally, starting with the Middle East and South Korea (Q2 2019), Southeast Asia (Q3 2019) and Latin America (Q4 2019). At the moment, the platform's management is targeting individual users, but in mid-2019 the service will begin to cooperate with small and medium-sized businesses.
Ubcoin Market is a blockchain project that is developing a smart system for buying and selling goods and services for cryptocurrency. Ubcoin Market was founded by the creators of Ubank, a popular payment system in Eastern Europe that has been operating since 2009 and currently has 2.5 million active users.
According to http://bitcoinist.com
You May Also Like
Crypto startup LoopX has sunk into oblivion along with the $4.5 million invested in it
According to an early version of the LoopX website, which is now inactive, at the beginning of this year the startup collected 276 BTC and 2446 ETH during 5 rounds of token sales, which is equal to $4.5 million. After the ICO, all information about LoopX disappeared from all possible sources.
EU wants to include ICOs in new public finance rules
The European Parliament's Economic and Monetary Affairs Committee has prepared draft proposals to create new rules for initial coin offerings (ICOs)
