There are two different doors into the cryptocurrency world; the reward door and the loser door. The enticing part of investing in digital currency is not the price, but what solutions it can offers to the user. UBiq (UBQ) is just like any other digital coin; it might be decentralized, peer-to-peer, open source and all coin, but you need to get to know it beyond the technical terms.
UBiq is a cryptocurrency that wraps up simplicity and tech, but rides on the Ethereum ecosystem in a unique way. The platform hosts the Ethereum Virtual Machine (EVM) for the simplicity of creating smart contracts to tokens. Many cryptocurrency users know UBiq as a platform where you can develop Decentralized Applications (DApps) but there is more.
The UBiq (UBQ) Usability Secret
This might not be a secret to the current UBQ holders but a word from the UBiq official website:
“UBiq is a decentralized platform which allows the creation and implementation of smart contracts and decentralized applications. Built upon an improved Ethereum codebase, the UBiq blockchain acts as a large globally distributed ledger and supercomputer, allowing developers to create decentralized and automated solutions to thousands of tasks which today are carried out by third-party intermediaries”.
UBiq (UBQ) forked from Ethereum but this does not make it a clone, it is working towards implementing several features that Ethereum is clueless about. It forked to be able to create its own coin that will fuel its operations despite having a unique code running alongside the EVM protocol.
The little known UBQ token has a huge responsibility; to make the entire UBiq ecosystem functional. All the applications and smart contracts created on the system owe it to the UBQ coin. Any service or computation you requests from the network are paid using the native coin.
The usability of the coin does not end at the platform payment level. It has more opportunities in the cryptocurrency world and that’s where the ordinary user like me and you can come in. You can convert it to any other cryptocurrency or digital assets in an exchange that lists UBQ.
The UBiq (UBQ) Price Secret
One thing every cryptocurrency user looks when investing or selling of digital assets is the price. The charts are always the first stop for an informed decision making and the UBQ chart looks healthy, at least for the last 7 days. This little know coin is battling with a resistance of $0.04 and $0.05 since January 2015 to close of 2017 only to break out and hit high at $6.77 on the 5th January.
The gains however did not last long and saw the coin start shedding in a roller-coaster sequence to date. The coin has not yet become a disappointment though, it is steadily gaining ground, making its foundation again and showing a value proposition that any investor is looking for in a digital asset. This is no secret anymore; it has been exposed through the charts.
The Unique Team behind UBiq (UBQ) Secret
In success of every brand there is always a team; the expertise mix has to be superb. The background diversity of UBiq is what drives the network. However, they have a special function that connects well with the community. With only few developers, this platform is the definitely the future while tackling the present consumer needs properly.
The developer team saw it apt not to cap the total supply of the UBQ token. Now standing at 40,347,686 UBQ, they have a long term plan for it and keep increasing it annually, but reducing the block reward just to cushion you against inflation in the long run.
UBiq (UBQ) Investor Secret
This is designed for any investor looking for a coin to invest in. Being listed on Bitttrex, Litebite.eu and Cryptopia ensures you have a convenient platform to access UBQ coins across the globe. These exchanges are reputable and have a global reach and appeal that any investor is looking for.
What’s more? The platform offers you a wide range of wallets that will discern you, but the mobile wallet lover will have to wait a bit longer. Meanwhile you can go for web or browser based wallets like Pyrus CX, desk top versions that support Windows, Linux and Mac or the indigenous UBiq (UBQ) ledger Nano S which is a hardware wallet.