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Ubcoin Market

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The easiest way to exchange cryptocurrency for real goods and vice versa.

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Team:

Felix Khachatryan - Founder, CEO

Mazhar Jan - Founder, Investor

Andrew Lee - Founder and investor of Ubcoin

Stan Danysh - COO of Ubcoin

Alexander Putilin - CTO and chief blockchain developer of Ubcoin

Marina Lerner - CMO of Ubcoin

Yama Bassam - Adviser

Maxim Filin - Advisor

Evgeniy Pavlov - Adviser

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 $400 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.

Expert Review

TokenTops
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4.8 out of 5

Ubcoin wants to create a marketplace where people could exchange various goods for cryptocurrencies. More and more people are getting interested in these new digital coins, however there still not enough places to spend your crypto in and people prefer to acquire more and hold them, which is not what they were created for. With a convenient place for trading and buying items, cryptocurrencies could finally become more commonly used and maybe get into the mainstream. Capitalization of the cryptocurrency market is around $400 billion. There is a great demand to spend that wealth by buying real world goods for crypto. The mobile commerce has a chance of surpassing web commerce pretty soon, people are now able to get access to all of the information and apps they want from a device in their pocket. The token will be used as the primary payment option within the platform to create smart-contracts for transactions and pay for the fees. It's worth noting that Ubcoin as a whole is not a just starting young project. The platform will act as an extension to the already existing and well-established Ubank product, which has over 16 million installations worldwide. Moreover, Samsung and Fly are pre-installing the application on their new products and smartphones, which means that the product will reach even more extensive userbase. The project seems to be prepared very well with a lot of transparent and detailed information provided in the documentation. The design of the site and future platform also looks very good and easy to use.

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