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Bubbletone (UMT)

Bubbletone

Internet & Telecommunications

Overview

Bubbletone Blockchain in Telecom — the decentralized telecom ecosystem that allows mobile network operators, phone users and service providers to interact directly.

 

The information contained in the document is for informational purposes only. ICORating received monetary compensation in the amount of $1700 from the entity listed in this report, solely for featuring this report on the ICORating website. However, ICORating did not provide and was not requested to provide a rating for the featured entity. The information contained in this document was provided by the featured entity to the ICORating Team and from data obtained from open access and information that developers provided to the team through Skype, email or other means of communication. Our goal is to increase the transparency and reliability of the young ICO market and to minimize the risk of fraud. We appreciate feedback with constructive comments, suggestions, and ideas on how to make the analysis more comprehensive and informative.

Features

Bubbletone project is developing a decentralized telecom ecosystem aimed at directly connecting travelers and mobile network operators via smart contracts in order to lower the costs of international roaming.

Bubbletone Blockcahin will be built on Graphene Framework, and it will introduce two types of tokens within the its ecosystem:

  1. SDR token, an internal component of the system used only for payments of operators and service providers.
  2. UMT token (Universal Mobile Token), a utility token that will be sold at the ICO and can be listed on exchanges. UMT will be used in Bubbletone Blockchain smart contracts for performing transactions (paying for telecom services on the Bubbletone platform).

Bubbletone platform will have 4 types of members: mobile phone subscribers, operators, third-party service developers and crypto community members.

On the Bubbletone platform mobile network operators will be able to publish their own prepaid tariff plans as smart contracts available to other operators and to subscribers. When user selects an offer, a new smart contract is created with the user’s digital identity and direct payment transactions with the operator.

By using Bubbletone, subscribers will be able to make calls and use data while travelling, retain their SIM-cards and phone numbers.

Bubbletone’s mobile app, Bubbletone Messenger, offers the following main services to its users:

  1. A global marketplace connecting subscribers and local network operators;
  2. Keeping domestic phone number during foreign trips;
  3. Conference calls;
  4. Burning messages;
  5. Local phone numbers in different countries.

Bubbletone Messenger is currently in beta, and it is available on Google Play and in Apple App Store.

Crowdsale

Pre-sale
Pre-sale start date 01 Feb 2018
Pre-sale end date 20 Feb 2018
Token Sale
ICO start date 20 Apr 2018
ICO end date 20 May 2018
Hard cap size 25,000,000 USD (fiat)
Raised 8,600,000 USD
IEO Platform
Registration Country Ireland
Registration Year 2017
Token details
Ticker UMT
Type Utility-token
Additional Token Emission No
Accepted Currencies

BTC

LTC

XRP

BCH

DASH

ETH

ETC

USD

Bonus Program

A special early-bird price of 0,5 USD per token
Then price rises by 0,05 USD every 5 days, up till 1 USD
And then, price rises by 0.15 USD every 10 days till the end of ICO

Token distribution

Crowdsale 50%

Bounty fund 0.1%

Team & Community development fund 20.9%

Network development fund 9%

Founders 20%

Ratings

Type of ratings
Rating
Status
Hype score
Medium
Active
Risk score
Medium
Active

Team members

Name
Position
Score
Social
Blockchain expert, co-founder @Block Notary
1
Founder & CEO of CoinStreet
1
NA
Smart contracts software engineer
NA
NA
Bubbletone messenger project manager
NA
NA
Communications Director
NA
Project Manager
NA
NA
Head of Marketing
NA
NA
Bubbletone messenger software development leader
NA
NA
NA
Senior software developer
NA
Head of design group
NA
Back-end software developer
NA
Senior software developer
NA
Senior software developer
NA
NA
NA
Front-end software developer
NA

Advisors

Name
Position
Score
Social
Advisor
1
Advisor
1

Funding Rounds

Development

Pre-Launch
Launch
Custom blockchain
Testnet
Mainnet
Done NA No NA NA

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info Medium
Get Rating
Bubbletone ICO Contacts
More on ICO

Ended

$8,600,000 Of $25,000,000 (34%)

Start ICO 20 Apr 2018
End ICO 20 May 2018
Token UMT
Price 1 UMT = 0.5 USD
Product Type Service
MVP Beta
App Store
Google Play
KYC No
Registration Country Ireland
Whitepaper View
Bubbletone (UMT) widget
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