Ubcoin is an ERC-20 compliant token that will empower the Ubcoin Marketplace, a mobile marketplace for buying and selling real word goods for cryptocurrencies. Ubcoin marketplace is an extension of the Ubank mobile app that will feature the smart contract technology allowing to mitigate the need for middlemen while ensuring safety, intractability and verifiability of a transaction.

Ubcoin will be used as the medium of exchange in the marketplace.

Team:

• Felix Khachatryan: Founder and CEO. 
• Mazhar Jan: Founder and Investor. 
• Andrew Lee: Founder.
• Stan Danysh: COO. 
• Alex Putilin: CTO and Chief Blockchain Developer. 
• Marine Lerner: CMO. 

Ubcoin will be holding its ICO on 2nd of April, 2018. The ICO token supply represents 45% of the total token supply, so there will be a total of 1,800,000,000 tokens available, for 0.0000535705 ETH each during the offering. The ICO funding cap is 21,500 ETH and is expected to end on the 14th of July, 2018 or when the funding cap is reached.

Token Reserve Split (55%):

• 31% Reserve Pool;
• 3% Community Rewards;
• 4% Bounty & Advisors;
• 12% Team Allocation;
• 5% Private Pre-sale;

Ubcoin ICO will feature a bonus program and a bounty campaign, and the token will not be mineable.

Bonus Structure:

• 29% ICO Stage 1 (02.04 - 21.04);
• 20% ICO Stage 2 (22.04 - 11.05);
• 17% ICO Stage 3 (12.05 - 31.05);