UBIK Capital ICON P-Rep Candidate Overview

Ubik Capital
Sep 18 · 9 min read

UBIK CAPITAL is a team of people who are passionate about ICON and want to be a part of the extraordinary ICON ecosystem. We have 40+ years of experience in software development, program management, and system operations. We want to do our part to serve the ICON community through outreach, technical development, and of course, running a resilient ICON node!

UBIK Capital is a community-focused P-Rep team. We have a multi-tiered approach to focus on technical development, ICON business expansion, marketing, content, and education, as well the economics of ICX. We care about ICX price, as near-term price stability is essential to long-term growth and success. Please view our proposal to see what we have done and will do, if elected.


We have big plans to help the ICON ecosystem, be a voice for our voters in Governance, and help stabilize the price and increase value. Why trust us? Voters should be active and aware of the P-Reps they vote for. Actions speak louder than words, and we have shown our commitment through our actions to date. We have contributed to the ICON ecosystem in many different areas already. We have invested our own finances and time into the ICON ecosystem. These are listed below:

1. Our DApp Breadcrmb was selected as a final winner in ICON’s Got Talent!

Our DApp Breadcrmb was selected as a final winner in ICON’s Got Talent! Thanks for your support of our team and DApp!

Congratulations to the other 5 winners. We are excited to further improve Breadcrmb and look forward to continuing to serve the ICON community as a P-Rep!

Breadcrmb is a mobile DApp built on iOS. Many apps today store your location data and location check-ins on a 3rd party server, selling your data to advertisers. A large number of individuals continue to use these apps due to limited alternatives. We believe individuals should own their own data and that’s why we created Breadcrmb. With Breadcrmb, users can check-in at locations around the world and own their own data! All of the user data is stored locally on their phone, only leaving to securely upload it to the ICON Blockchain, using the user’s own password-protected keys generated securely using Official ICON SDKs. Thus, users own their data, no one else! By uploading their data to the blockchain, it is obscured by the key and not directly tied to the user, their phone number, or your device. Users can interact with the data using their ICON keys in a secure manner. Lastly, by using the ICON network, users can rest assured that their data will not be tampered with and will be accessible anytime from now and into the future! If enough people stop giving their location data away freely to 3rd parties and take control of their data, we envision an environment in which users could actually sell their data to advertisers in the future, should they wish to do so.

2. Partnership with Aero Systems West (ASW)

Aero Systems West (ASW) has partnered with UBIK Capital to increase the safety and security of commercial drone operations utilizing the cutting-edge ICON blockchain. “The immutability and provenance of drone data stored on a blockchain have huge potential to improve commercial drone operations,” said Ron Marconet, COO of ASW.

ASW specializes in professional-grade heavy-lift drone systems. An ASW drone recently made history by completing the first drone package delivery in Antigua. This test included the fully-autonomous delivery of a defibrillator over a distance of 2 miles and was completed by Drone Delivery Systems in partnership with UN Ops, Antigua Computer Technology (ACT), the Government of Antigua.

Professional drones operate with little room for error and ICON offers high speed and low latency necessary for commercial operations. UBIK Capital team member Russell Shirey has worked with ASW previously, enabling the teams to move forward rapidly. UBIK Capital will provide resources to assist in software development and ICON infrastructure, while ASW will provide drone software, hardware, and flight testing support. ASW COO Ron Marconet will join the UBIK Capital team to directly assist in the integration of the two teams.

Initially, the teams will develop technologies to explore drone data sharing, safety, reliability, and tracking improvements. The teams will rapidly prototype, develop, ground test, and then flight test these new technologies, exploring the feasibility of ICON blockchain technology with drone operations.

3. Our team has published over 20 articles full of original content

Articles with over 15,000 views in 3 months

ICONSENSUS Resiliency (Part 1: Introduction)


ICONSENSUS Resiliency (Part 2: Sys Ops Security)




Overview of Staking on ICON Network


P-Rep TestNet 2nd Phase Underway!


P-Rep TestNet Mid-June Update


ICON Decentralized Applications (Part 1)




ICON Inflation Simplified


ICONSENSUS and the election of P-Reps (Public Representatives)


Overview of ICON P-Rep Candidates


VELIC: Digital Exchange Built On the ICON Network


ICON Decentralized Applications (Part 2)


ICON The Art of P-Rep Selection


ZenSports: Peer-to-Peer Mobile Sports Betting On the ICON Network


A Closer Look at ICON’s IISS Updates


Who are the candidates for ICONs Got Talent 2019?


ICX Staking FAQs (Frequently Asked Questions)


Prepare for ICON staking: moving your coins to your own wallet


ICON Staking is here!


ICON Decentralized Applications (Part 3)


Release the Kraken! ICON listed on a prominent exchange

4. Our team has participated in 3 ICON videos

ICONists, for ICONists: Chatting with ICONation — Ep. 5 — Interview w Russell from Ubik Capital


ICONists, For ICONists, “The Democratic Chronicles: With Corey Costa”


ICONSENSUS P-Rep Panel Discussion — Round 2


5. We have successfully participated in and continue to participate in all official ICON TestNets

We have successfully operated in both ICON TestNets 1 and 2, operating multiple nodes across the world (USA and Europe) with different providers.

We are currently operating multiple nodes in TestNet 3, the final rehearsal before Mainnet operations.

6. We have created a site for aiding in staking: provided information about staking, staking instructions, and FAQs.


7. Created a portal for both developers and non-developers to submit DApp ideas and work with our team to help bring these ideas to life at


8. Rewarding Loyalty (Longer Staking)

We believe ICX price matters and have been and will continue to push for long-term staking incentives. Through our efforts, this topic has received a lot of attention and is favorably looked upon by many ICONists and P-Rep teams alike. We will continue to push and implement this into IISS, pending ICON Governance approval.

9. Community Engagement

Countless hours of communication with ICONists to ensure we hear the thoughts of the community and understand their stance on different topics. We have spent this time engaging, listening, and also helping ICONists with providing information on different topics.

10. Ubik Capital Team

Russell Shirey

Russell is an innovative and ambitious computer systems expert. He has been involved in ICON since its inception. He has 12 years of technical and program management experience in automotive, aerospace, and defense industries, most recently managing a 26-person team and sensor research portfolio valued at over $25M. He has been a part of multiple successful startups and most recently is the lead software engineer for an Unmanned Aerial Systems (UAS) startup, Aero Systems West. Russell is experienced with full-stack development, information security, and cloud computing sys ops (AWS Certified). He holds an M.S. in Computer Engineering and is currently pursuing a Ph.D. in Computer Engineering at Purdue University. In his spare time, Russell enjoys sports, movies, and gaming.

Marius Andrei

Marius Andrei is an experienced and forward-thinking engineer and blockchain node administrator. He founded UBIK CAPITAL to provide a platform for staking as a service and engagement with growing blockchain communities. As a premier next-gen blockchain network, Marius has had a keen interest in ICON since reading the whitepaper. He was trained in CISCO network administration and operates multiple blockchain nodes, with expertise in network administration and security. When Marius is not running the nodes, he enjoys reading science fiction novels (hence the name UBIK) and gaming.

Ron Marconet

Ron is an expert in product launch and growth. During his career, he has designed consumer and B2B strategies that earned over $6 Bn in sales. He is currently the COO of the startup Aero Systems West, and prior to that held positions on the Strategy and Product teams of eBay and Amazon. He holds an M.B.A. from the Massachusetts Institute of Technology and a B.S. in Mechanical Engineering from the University of California, Los Angeles. In his spare time, Ron enjoys skiing and participating in the 3d printer community.

Tam Su

Tam brings over 20 years of experience in product innovation, UX, and product management practices to advise UBIK CAPITAL. During his career, Tam has worked with fortune 500 companies and a variety of early-stage startups. He has training in design and innovation from both Stanford and Harvard universities and is currently the VP of Product for 18Birdies. Based in San Francisco, he serves as an advisor role to UBIK CAPITAL and will help provide new growth avenues with the Silicon Valley community. When he’s not engaging and creating the best user experiences, Tam can be found in the kitchen creating new dishes or at the driving range working on the 3-wood.

Our team has a lot planned if we are elected as P-Rep. We have plans in ICON Dapp Development, ICON Tool Development, ICON Business Partnerships, Marketing, Education, IISS Enhancements areas to build the icon ecosystem. This is outlined in our proposal and will be made into defined schedules and milestones once we understand what our rewards will be and can properly set up our schedules and budget.

We have aggressive plans, and ICONists may ask why should they believe we will produce. This is valid and why we highlighted our efforts over the past several months to build confidence in our team and our future plans.

If you have any questions please contact us: support@ubik.capital or follow us on Twitter: @ubikcapital or on Telegram channel: ubikcapital

    Ubik Capital

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