ABOUT BUBBLETONE
In the age of globalization and the intensification of cross-border tourism, the promise of eliminating the mediating role of global telecommunications is rapidly gaining much attention. Imagine when you travel anywhere in the world and can use your mobile device seamlessly without changing your SIM card or paying a large network fee. That's great!
Bubbletone is the first market to deliver a telecommunications ecosystem that connects operators, service providers and consumers. The company has identified a final market for its products, including: 1,000 operators, 10,000 online service providers and 1.3 billion annual visitors.
The platform works by allowing mobile operators to publish offers via smart contracts and then providing operators and consumers. When a coupon is selected, a smart contract will be created through the digital identity of the subscriber. This is where payments are made and when the services of local telecom providers are deployed. According to this business model, the Bubbletone is clearly aimed at operators as well as consumers. Even by attracting a small percentage of cross-border travelers to its platform, Bubbletone can offer a strong value proposition to operators and service providers looking for temporary businesses.
UMT TOKEN
Bubbletone is releasing a utility Cryptocurrency by the name of Universal Mobile Token (UMT), built on the front page of Blockchain Graphene. The departure of the ERC-20 protocol generally gives UMT a unique advantage from the point of view of transaction speed. Through its native BitShares application, Graphene has the ability to generate three-second transactions with scalability up to 100,000 times per second. In the case of Bubbletone, developers have promised 10,000 times per second (though initially only half).
UMT works as a payment method on the Bubbletone platform, allowing users to pay for telecommunications services including voice and IM calls. Tokens can be purchased with traditional cash or cryptocurrency.
The company has started selling the UMT Token before January 20 and will keep the door open for booking early as from Feb. 15. During this time, a Token is worth $ 0.42, although the minimum investment requirement is $ 10,000. The ICO starts on March 20th and will run for two months. Token prices were initially set at $ 0.50 and every five days would increase by 5 cents until it reached $ 1.
WHO BEHIND THE PROJECT?
The experience of telecommunication, Blockchain proficiency and successful start-up was demonstrated in a group of 25 people. The project also retains the services of 13 consultants including crowdfunding legal experts, Blockchain entrepreneurs and even co-founders of ICOBox. The following is the information of some key members. The rest of you can see more details at their official website:
Some advisors
PROJECT EVALUATION
Advantages
- Bubbletone is targeting a very potential market as mobile communications have successfully penetrated both the advanced economy and the emerging economy. With billions of people traveling the world each year, the demand for cross-border communications is increasing.
- For consumers, calls, data and messaging services are offered at reasonable rates without having to change the SIM card. Meanwhile, operators get the benefit of integrating larger global networks and accessing millions of potential consumers.
- Fast transaction processing speed. Can up to 10,000 transactions per second.
- There are mobile apps on both Android and IOS platforms.
- You can absolutely trust the Bubbletone team. Outstanding is Yuri Morozov, founder of four telecom companies that make $ 50 million a year
Disdvantages
- The idea of the project is not unique. There are some projects like TripAlly, Mobilink not much development but competition is inevitable.
- Billions of people have used some form of Internet-based communication, be it Whatsapp, Facebook Messenger, Skype or Telegram. There must be more features out there to survive on the marketplace.
- Whitepaper presents the business model is not really clear . In fact, there is not yet a page dedicated to this topic, and instead of talking about a platform that will monetize or expand, it only mentions the predicted growth of mobile service providers based on Blockchain.
USEFULL LINKS
Website: https://bubbletone.io/
Whitepaper: https://bubbletone.io/BubbleTone_Whitepaper_ENG-Jan18.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3075196
Facebook: https://www.facebook.com/BubbleTone-Eng-836837033150145/
Telegram: https://t.me/bubbletone
Twitter: https://twitter.com/bubbletone_eng
Medium: https://medium.com/@bubbletone
Github: https://github.com/Clementvale-LTD
Kakao talk: https://open.kakao.com/o/gZevayJ
Reddit: https://www.reddit.com/user/bubbletone
Author:
Bitcointalk username: kld_hp
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1014734