Ubcoin: A Marketplace Where You can Spend Crypto

in #ico6 years ago (edited)

In the 4th quarter of 2017, the cryptocurrency industry became well-known and caught the attention of millions of people across the world. Many people joined this market out of speculative reasons to acquire large profits. While weak hands are shed every day, a core community has surfaced.

Most people who do not participate in this market are questioning if cryptocurrencies can be used to buy products. This has become one of the key arguments against the utility of cryptocurrencies. Unfortunately, there presently aren’t many ways to buy or sell products using cryptocurrencies, but many projects are underway to bring some degree of day to day utility to cryptocurrencies.

Now, a new project aims to develop a marketplace dedicated to bringing utility to the crypto market. UbcoinMarket will be a marketplace where payments can be made in the native cryptocurrency.

UbcoinMarket Fulfills an Important Market Need

UbcoinMarket aims to provide a revolutionary marketplace that can incorporate payment of goods in cryptocurrencies; this is the ideal marketplace for the crypto community. Instead of having to always sell crypto for fiat, and pay expensive fees on the road to conversion, the community will be able to directly make purchases with cryptocurrency.

With UbcoinMarket, you can sell your unwanted goods in exchange for your desired cryptocurrency or you can buy the product which you want with your cryptocurrency. The goal of UbcoinMarket is to empower consumers to trade with the Ubcoin cryptocurrency, thereby bringing mass utility to the entire cryptocurrency market as tokens and coins could be tradable for Ubcoin.

UbcoinMarket is countering a major problem that underpins the crypto market and the blockchain movement from reaching its full potential.

Getting Started

The project aims to develop in the markets of Eastern Europe, Southeast Asia, South Asia, the Middle East, Africa, and Latin America.

It is risky to buy products online with credit cards, however with the use of smart contracts governing the terms of the transactions, it is possible to achieve extra confidence and reliability. The customer has access to a wide, extensive catalog of products which enables him or her to search by category. When the customer finds the product which he or she wants to purchase, the customer has the ability to pay for it with the use of UBC tokens.

Credibility is one of the main concern of ICO investors, but this concern is put to rest by the fact that UbcoinMarket is a new feature of an existing company, Ubank, which has a strong customer base since 2009. In fact, Ubank has had such a tremendous level of success that it is pre-installed on even Samsung S9 phones. It’s clear that a product like this will be able to garner credibility from the back of Ubank. Also, this shows that Ubcoin will be able to leverage the network of a well-established company with partnerships with some of the largest companies in the world. Some of the key issues that start-ups face is breaking into meetings with important companies. UbcoinMarket is able to leverage an established network and that gives it a massive head start which could catapult it to success.

Ubank is raising funds to develop UbcoinMarket, a marketplace that could bring immediate day to day utility to cryptocurrencies; a concept the crypto community urgently needs.

Essential Ubcoin Links

🌐 Website: https://ubcoin.io/
💡 Whitepaper: http://doc.ubcoin.io/whitepaper.pdf?v1
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3109856.0
💻 Telegram: https://t.me/ubcoin
⌚️ Token Sale: LIVE NOW

Facebook: https://facebook.com/Ubcoin-838741126308809/
Twitter: https://twitter.com/ubcoin
Medium: https://medium.com/@ubcoin

Connect with me:
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https://steemit.com/@hatu – Follow for a new ICO analysis every day!
Personal Twitter: https://twitter.com/HassanS95
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