Crypto and blockchain technologies are capturing the attention of everyone, everywhere these days. However, institutional investors still hesitate to join the sector in greater numbers. Most likely, their hesitation comes due to the lack of regulations, and the risk is simply too great. As long as the regulators do not come to a decision, the crypto sector could go either way, and they are not ready to take that risk.
The situation is a bit different when it comes to retail investors. The cryptocurrency sector needs a cash flow to live and evolve, and retailers were among those who were supplying it with this fuel in previous years.
Even so, there is still a decent-sized gap between the two sectors. A gap that could be bridged, and eventually closed, which might be a huge step in cryptocurrency's struggle to reach mainstream adoption. It is likely that the true victory will not come until institutions accept the trend, but retail is a good place to start the journey, and the project known as Ubanx understands it.
Ubanx is a project that has a goal of becoming a highly user-friendly, real-world connection between the retail sector and the digital currency economy. It is one of the projects that aim to close the gap between the two and bring a plethora of new opportunities along the way.
Ubanx has its own set of core values — a set that is shaped and changed in accordance with the goals of its developers. These goals are the desire to bring the information flow and transparency of the entire crypto ecosystem from the customers' perspective.
Ubanx also wishes to create and launch proper tools for the development of communities, as well as onboarding. That way, the crypto sector, and digital finance, in general, could become education, solutions, applications, and alike.
Ubanx would provide trading terminals, onboarding to third-party exchanges, as well as training for all retail customers that wish to get involved with crypto. It would also have online courses regarding the digital assets industry, available around the world. In addition to that, Ubanx would also provide a physical space for a crypto store, where it would sell mining equipment, hardware wallets, and alike.
The project also plans details such as a cafe/co-working area, where users can relax, grab a snack, and more. And, of course, there would be real-world benefits for those who approach the project, such as access to VIP Airport Lounges around the world, thanks to the project's partnership with PriorityPass.
But, to start it all off, the project first needs to launch its own native token.
So far, Ubanx did not reveal the time and date of its ICO. But, it is known that there will be one and that the project will sell BANX token. This is a utility developed on Ethereum's platform, meaning that it will be an ERC-20 token.
The project had already announced a bounty, and it features an MVP. Also, even though the time of the ICO was not revealed as of yet, it is known that the price of 1 BANX will be 0.12 EUR. But, the project will only accept ETH coins.
The project itself was registered in Singapore, and anyone apart from Korea and the US can participate, as long as they go through the KYC procedure.
|Start||July 8, 2019|
|End||October 28, 2019|
|71 days left|
I don't understand why Ubanx forces me to register an account to merely access their website. Well, obviously, they want my email address in order to spam me with junk newsletters. That is one cheap marketing trick, which is also a big turn off for me and other visitors. And from this Ubanx review, the project doesn't offer anything unique and appealing enough for me to give out a piece of personal info just to browse their website.
In other words, the project has a good goal, but bad execution, which could be more than enough to cause failure.
The project has a good team, although it might do even better if it got a few more blockchain and ICO experts. However, it did make a fair share of mistakes. It has no marketing, or business planning, nothing to encourage people to invest. They also lack social media activity.
We list the most relevant upcoming crypto market ICOs from the industry leaders
IdeaFeX is a French startup that created an innovative three-component investment platform where users conduct financial operations with tokenized physical assets. The components include a marketplace developed on the basis of the Ethereum blockchain, an auction, and the cryptocurrency exchange.
0 days left
ParamountDax is a cryptocurrency-to-fiat exchange that has already been accredited by the Ministry of Economic Affairs and Communications of Estonia, even prior to its official launch...
1 days left
After the financial realm, blockchain technology has taken a strong foothold in the gaming industry. At the moment, online gambling is at the forefront of blockchain integration.
3 days left
Curate is a fashion discovery platform built on the foundation of the Ethereum blockchain by the international team of fashion experts, marketers, and blockchain enthusiast.
5 days left