Ubcoin crowdsale result
On August 27, 2018 the first part of a beautiful Ubcoin journey has ended — and a new promising chapter started. We closed Ubcoin token sale with success and are enormously thankful to all contributors, supporters, community members and others who put their trust in Ubcoin. We promise to continue to work hard and transparently to meet your expectations.
Crowdsale summary
Total funds raised: 27,294 ETH (94.1% of hardcap)
Unique token holders: 51,322
Total supply: 633,837,700 tokens (97.5% of max supply)
Circulating supply 316,918,850 tokens now, and after bounty payouts it will be 342,272,358 tokens (54% of total supply).
Non-circulating supply (46% of total supply) is tokens of the Reserve Pool, Community Rewards and Team Allocation.
Geographical distribution of contributors
Our most numerous, active and interested contributors come from the regions of East Asia and Southeast Asia. This is one of the reasons why we focus our corporate structure, technical development and marketing activities in these territories. South America, Europe and Africa made a significant contribution too.
Immediate plans
Trading of UBC tokens on COSS exchange (https://coss.io ) starts on 28 August 2018. We decided to start from smaller and highly promising exchange and then selectively list on medium and larger exchanges, both as the market improves and as trading community becomes more familiar with UBC.
Ubcoin Market mobile app will be available for download and use shortly, in September. The platform will be available in several Asian languages and will have the following features: creating a listing to sell goods, a chat establishing a real time communication between a seller and a buyer, and the process of buying an item for UBC tokens (utility tokens for settlement of smart contacts and fees on the platform). We follow the roadmap as planned.
Funds distribution
We plan to use raised funds as follows:
We believe the potential for Ubcoin app is enormous. We trust our community will support and drive the process of winning over hearts and minds of the crypto enthusiasts all over the globe, and together we will build a great business and a rewarding community experience!
