On enrolment, you will be allocated your 100 UBUs per day from the date of enrolment.
You can also earn for referring your friends by building your UBU community.
All accrued UBUs will be calculated from the date of enrolment and allocated to you on UBU launch date (Estimated March/April 2018).
Only an actual real live person may enrol and no duplications of people will be allowed.
All UBU Citizens are compensated for referring as a reward for contributing to the continuous
organic growth of the UBU community.
The once off referral fee, paid in UBUx, for every UBU Citizen recruited with the Citizen’s referral number (Mobile Number). The first payment will be paid out on launch.
Compensation for Citizen Recruitment (akin to mining in other cryptos)
|Includes all directly recruited Citizens and their referrals linked back to the direct recruit|
|Halving Dates||1 August 2017||1 December 2017||1 April 2018||1 December 2018|
|UBXs that you will earn per Citizen directly referred by you|
|Referral Commission per Referral||4||2||1||0,5|
|Value of UBUx on Exchange at time of listing is estimated to be between 4 USD's and 10 USD's|
Please refer to the website http://www.projectubu.com/.
UBU stands for Universal Basic Unit and is a currency that will be issued free to all Citizens which can then be exchanged for goods and services
An UBUx is an investment instrument built on top of the UBU. It is designed to reward the people that help to build the UBU system and to enable the deployment of resources to build the UBU system – in much the same way that “miners” of cryptocurrencies help to build the cryptocurrency by authenticating transactions. UBUxs are only issued to UBUCore and in terms of the compensation plan to UBU Nodes and Citizens as rewards for building the system.
All UBU Citizens receive 100 UBUs per day.
Once UBU is launched and wallets are downloaded you can transfer the UBUs to anyone else with a wallet.
Use this URL to refer people. When you sign up you will receive an email with your referral link. You can send that on to anyone you who want to refer, any friends, family and communities. Using your personal link will populate the referrer Number with your Mobile Number
See UBU referral scheme. You will earn 1 x UBUx per person referred with your mobile telephone number. This token is like owning a share in the success of the UBU system. The value of the UBUx will vary according to the market perception of the future value of the UBU. It is estimated that an UBUx will be worth R100 or $8 by March 2018. See UBU Invest for more details on how this is derived.
Yes, once it is listed on a cryptocurrency exchange you can sell for whatever the market price is.
We will mail you an update of your progress prior to launch.
You will be allocated your 100 UBU’s per day from date of enrolment. You can also participate in the UBU compensation plan for referrals. All accrued UBUs will be allocated to you on the UBU launch date.
Upon the launch of UBU you will be able to download your UBU wallet from which you can send, receive or spend UBUs.
We aim to launch UBU in the 1st Quarter of 2018
Initially we think an UBU ought to be worth 0.38 US cents because of its marketing value. Over time that value will increase as the UBU is used for trading in goods and services. We think it ought to be worth at least 2 US cents because x 100 equates to the level of the global poverty index. For further explanations on the economics of UBU and its value, please consult www.projectubu.com
In time once a market value is established it will be listed.
See UBU Invest www.projectubu.com
Everyone involved with UBU, the UBU Citizens, UBU Vendors, UBU Investors and UBU Staff depend on the UBU attaining a value that increases over time. Dividends, salaries and sales are paid in UBUs and the wallets are subject to the same dissipation formulas as every account holder.
No, the dissipation process will only start upon the official launch date once you have down loaded your wallet and UBU have allocated your UBUs to you.
No, that is unlikely because the UBU is designed to be used as a unit of exchange for goods and services and not as a speculative instrument. We aim to get the value of an UBU to the equivalent of 2US cents and eventually to R1.00 (8 to 10 US Cents) in line with the South African Minimum wage. An UBUx is the investment token and more like a BitCoin. See the UBUcore strategy for the UBU
The official launch is planned for the 1st Quarter on 2018 but beta versions will roll out in the last Quarter of 2017
All UBU citizens will receive 100 UBUs per day however additional UBUs can be earned by signing up UBU citizens and by verification of information. See UBU Compensation scheme
An UBU Node is rewarded on the entire community of UBU Citizens and their referrals with UBUxs.
Please See https://ubuapp.online/node
No, only UBU citizens (i.e. real persons) are allocated the daily UBUs