Ubex Blockchain Digital Tokens and What You Need to Know About This Currency - ICO
Ubex is one project platform comes to bring a change to today’s advertising industry. As part of its solution to the current problems of the industry, they come up with Ubex blockchain digital tokens to be used as the sole currency in the platform. However, there are things you need to learn about this currency here. That way, you will know what this token really is and how it works in the Ubex platform. If you want to join their ecosystem, you should try getting to know about the tokens first.
●► Tokens As Decentralized Software Protocol
Yes, tokens are there as part of the decentralized software protocol. They are the digital tokens created on blockchain. Also, you need to know that they are issued on the Ethereum platform. It is on the basis of ERC20 standard contract, to be exact. Their existence in the platform is meant to support any transactions happening in the place. As you might have guessed, any purchases in the platform will use the tokens in place of our real life currency. Of course, you need to buy the tokens before you can use them in Ubex platform.
●► No Ownership or Equity Granted in the Firm
Just because participants can buy tokens, it does not mean that they have ownership or equity in the company. Ubex do not grant such thing to them after all. So, participants couldn’t expect the right to participate in things, like the control, direction, or even decision making of the company. So, you are only allowed to simply buy and use the tokens as the currency of the platform to support any of your transaction in it. Just leave the control, direction, decision making, and everything to the company and you will benefit from using their tokens.
●► No Promise or Guarantee of Value and Such
Whether you are individuals, businesses, or organizations, you must consider the risks, costs, and benefits of the tokens thoroughly. After all, Ubex do not promise or guarantee everything. You can’t expect things, like the inherent value, continuing payments, or no decrease or hold in value. You need to keep in mind too that Ubex tokens are not refundable. So, give it some thought carefully if you don’t want to regret the decision you make. Despite how beneficial Ubex tokens could be, you can’t ignore the fact this is how far Ubex goes.
●► Company That Is Currently in Development
Indeed, we are talking about blockchain platform that brings solutions to the current advertising industry. However, despite being new, you should know that Ubex is still currently under development. You have to accept that there could be sole and exclusive risk for the purchase with their tokens. Not to mention, there might be significant changes along the way as well. Just like before, you need to carefully weigh all sorts of things, like the risk, cost, and benefits regarding the tokens currency of Ubex artificial intelligence.
Description: Ubex blockchain digital tokens are there for all platform participants to use in transaction, but they hold no promise and guarantee for everything.
Further Information, check
Website : https://www.ubex.com
Telegram Group : https://t.me/UbexAI