UBONIUM ICO Review

https://www.ubonium.com/

What is Ubonium?

Ubonium is innovated sustainable financial products and services that complements each another within Ubonium’s ecosystem to offer its users not only convenience and security, but also offering competitive pricing for its services.

How does UBONIUM ecosystem plays an important role?

Now that users acquire cryptocurrencies, how do they utilize or move them to their intended destination securely, conveniently and more importantly in a more cost-effective way? Serving these users not only require a robust mechanism but a complete and comprehensive blockchain network that lives side by side with traditional mechanisms which can complement each another. Most proposed blockchain payment systems claims to have innovated payment systems that ensures instant transactions on the blockchain for their users but fails to address an important factor: the congestion of blockchain network and the slow adaptation of cryptocurrencies by some receiving ends.

Ubonium’s solutions applies the evolution theory, that is any technology must have an evolution period and during this period, it must co-exist together with traditional system until the new technology is fully adapted into mainstream. This ensures the application of Ubonium’s product and services in real cases at multi-level of the financial system.

Introduction to ETCF Market Platform

Ubonium, uses the blockchain technology to disrupt the traditional financial services for ETF by introducing ETCF or Exchange Traded Crypto Funds on its ETCF Market Platform. This trading platform allows cryptonized exchange traded funds or better known as ETCF’s, allowing investors to own passively managed diversified funds in a single basket carried by a crypto token such as UBO Super Crypto 10 and many more. This decentralized ETCF Market Platform allows investors to pick and choose their preferred fund and purchase it with their desired quantity and pay for it in cryptocurrencies.

The introduction of the ETCF Market Platform will enable fund management companies, private investment companies and wealth management companies to explore the opportunity to invest in an ETF-like cryptonized digital assets for exposure into cryptocurrencies. The ETCF’s low volatility nature will be a likely attracting factor to this companies.

Comparing traditional ETF and ETCF on the blockchain technology

Benefits of ETCFs

ETCF investing reduces the risks associated in investing in a highly volatile and fairly young crypto currencies eco system. Daily price changes of crypto currencies can be quite volatile and may be hard to stomach for most people. As the adage goes to say “never put all your money in a single basket” is still relevant today in the investment world. But now with ETCFs anyone can diversify his or her investments in crypto currencies by buying into a basket of crypto currencies of various types instead of investing in individual cryptos thus reducing their risk significantly.

Any individual crypto currency can be expansive for a beginner or even a seasoned investor and a market correction of a single crypto currency can have a devastating impact to its holder. However, when invested in ETCF that holds a basket of crypto-currencies, negative exposure of a crypto currency in that particular basket will have minimum or no impact on the overall fund value.

Among other benefits holding ETCF funds notably, you will only pay trading fees once when you buy and when you sell the entire fund. Unlike individual cryptos, where you will have to pay the exchange fees every time you buy or sell. This makes the ETCF much affordable to maintain. For UBO token holders, they do not have to pay any trading fees when they buy or sell the ETCF at Ubonium trading platforms.

Product and Service of UBONIUM

Ubonium with great mind innovated sustainable financial products and services that complements each another within Ubonium’s environments to offer its users not only convenience and security, but also offering competitive pricing for its services. Users will amazed that all Ubonium’s product andservices are investable, secure, scalable and usable in the cryptocurrency environment. This is a crucial factor in determining the success of any decentralize financial system. Ubonium’s.

Introduction to UBOPAY

Ubopay is a proprietary mobile payment system developed and managed by Ubonium.UBOPAY is a hybrid mobile
payment application, in that it supports both user’s local currency of choice and payments in cryptocurrencies :

Pay anyone, anywhere and anytime instantly
Transfer between UBOBANK and UBOCARD with no cost
Simple and easy but powerful application
Auto-select function to use Local currency or Crypto autonomously
Highly secured transactions
Manage your UBOCARD
Instant transactions
Buy or Sell Crypto coins direct from UBOPAY
No limits on transaction volume
Integration with third-party payment gateways
Contactless payment options – NFC/QRC
Anyone can download UBOPAY App to their phone and start using it immediately
Use UBOPAY as your main account. Receive and make payments, set up direct debits, shop online and in person - all with one account.

Token Structure

Token Name : UBOCOIN
Token Symbol : UBO
Function : Exchangeable Utility Tokens
Token Sale Start Date : 1 March 2018
Token Sale Close Date : 10 May 2018
Cost of per UBO Token : 0.001 ETH
Token Type : ETHEREUM
Smart Contract : ERC20 & ERC223 STANDARD COMPLIANT
Softcap : $3,500,000 USD
Hardcap : $60,000,000 USD
Terms of Token : 70 Days max, may finish early if there is an automatic early completion of token sale
Maximum issues of UBO Tokens : 300,000,000
Unsold Tokens : All unsold tokens will be destroyed automatically and Permanently
Secured way to purchase tokens : ETH, BTC, LTC, BCH, XRP, DASH & FIAT PAYMENTS