BubbleTone ICO and Token Sale Review
Bubbletone enters the world of blockchain with a project which has the capability to revolutionize the telecoms industry. The project hopes to improve accessibility of global telecoms networks to all customer and facilitate a direct connection between service providers and end users which can result in a mutually beneficial relationship.
About the Project
One of the biggest problems customers face during travel is a lack of access to reliable mobile telecoms services. They are restricted to paying expensive fees and roaming charges to their home networks and face many barriers when communicating or starting relationships with local based providers at their destination.
Through their project, incorporating smart contracts on a backbone of the blockchain, Bubbletone aims to change this outlook and make mobile telecom services easily available to all customers globally.
Providers will have the opportunity to publish local plans to the platform where potential users can engage the contracts for short-term periods, everything backed securely through smart contracts. This will see a great increase in revenue to the service providers who suddenly have an easy and secure way to access the market users.
For users, the benefits are clear. They can retain their own phone number whilst continue to send and receive data and calls with the benefit of local pricing. This means their travel becomes endlessly more convenient and forges more positive connections within local communities.
The ICO of the project is underway and concludes on May 20th. The Russian based project features a hardcap of $15,000,000. This amount can be contributed to by using any of the following coins: BTC, LTC, XRP, BCH, DASH, ETC, USDT, or Fiat.
There is a minimum investment required at this final stage of 0.1ETH. The non-discounted value of the MTU token is set to be 1ETH per 1,000UMT.
In 2019, the platform hope to sign agreements with global telecoms operators for the use of the platform and also test the initial system prototypes.
The token will be known as UMT. The token will be native to the Graphene network. There will be a total supply of 1,000,000,000 UMT tokens. Of this total supply, 50% will be made available during the ICO period. Of the remainder, 22% will be allocated to a network development fund with a further 20% allocated to the project founders.
- Start Date2018-04-19
- End Date2018-05-19
- Payment MethodBTCETH
- Total Supply500000000