ICO is Coming: Bubbletone — are They Serious?


Review by the team kript.io
What is Bubbletone: a telecom ecosystem.
Project: Bubbletone aims to improve traditional roaming market providing direct interaction between mobile network operators, phone users, and service providers. The roaming market is enormous, and yet, there is a problem of soaring prices. Bubbletone solves this problem by introducing an easy way for travelers to become local customers of any foreign operator in the country they are traveling to. The main instrument for achieving this goal will be the Bubbletone mobile application. As a participant in the ecosystem, you will have an opportunity to:
travel worldwide and make calls at local rates with no need for changing your SIM-card
become global as a mobile operator and gain a bigger audience
get more potential clients and cut down your costs as a service provider

Country: Russia.

Website: bubbletone.io

Analog: Qlink

How they differ from the competitors: the application promises to include more than 100 functions. The beta version of the messenger is ready, while Qlink doesn't have a minimum working product.

How they want to make money: commission fees on transactions.

Market size: the global mobile traffic may reach 19 billion GB per month in 2018. 71% of all roamers globally don't use mobile traffic in roaming, only 1% of subscribers consume 80% of all traffic. This costs the telecoms industry billions in lost revenue.

What their token gives you: an internal currency.

Token price: pre-ICO — 1 UMT = 0,00019-0,00021/ICO — 1 UMT = 0,00025 ETH.

Free tokens: bonuses during pre-ICO were up to 31,5% from the token price.

Terms of sale
: a minimum sum of purchase – 0,1 ETH. Accepted currencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash.

What will happen to tokens:
token issue is limited to 1 billion UMT. Any unsold tokens will be burned.

Token allocation:
50% – crowdsale;
22% - network development fund;
20% - founders;
7,8% - team and community development fund;
0,2% - bounty.

How much they want to raise on ICO: hard cap – 35 000 ETH. Unsold tokens will be burnt.

Where the money will go:
project development, marketing, and sustainability of the ecosystem.
Team: 1 founder, 24 team members, and 16 advisors.

Yury Morozov: CEO and Founder. A founder of 4 active telecom companies with $50 million annual revenue.

Oleg Pravdin: Telecom Visionary. A founder of 3 startups in the U.S., China, and Russia.

Stepan Gershuni: Blockchain Expert. A co-founder of Block Notary.


Dr. Norman Lewis: Telecom Expert. He worked in Orange UK as a Director of Technology Research, Founding Director of Future-Diagnosis, Executive board member of the MIT Communications Futures Programme.

Samson Lee: Founder & CEO of CoinStreet, Executive Chairman of China Greater Bay Area TechFin Association, Co-Founder of Hong Kong Blockchain Centre, Co-Founder of Ethereum South China and South Asia communities, Chief Crypto-economic Advisor of Gibraltar Blockchain Exchange, Advisor of Universa.io, Asia President of Next.TV Inc, Chairman of STM Digital Group.
Quoting from their Whitepaper
Q1 2018

Initial version of smart contracts is ready. The first "Offer" and "Request" are on the Blockchain platform. Demonstration of the platform at Mobile World Congress in Barcelona (February'18). Integration with major eSIM platforms to download mobile profiles onto SIM cards
Q2 2018

Web-API for integration of mobile operators and service providers. Integration of Digital Identity into Bubbletone app. Commercial launch, with "Offers" from 10+ mobile operators are on Blockchain, low rates in 80+ countries.
Q3 2018

Global Mobile Profile approval by International Telecommunication Union. Update Mini Nodes to participate in processing smart contracts. BubbleTone Blockchain – White Paper Page 25 of 31 New features in the Bubbletone app: Voting platform based on Blockchain, 4K videoconferences, transfer of fiat money and crypto currencies
Q4 2018

Expanding list of mobile operators and service providers connected to Bubbletone Blockchain Ecosystem.
The first 1 million transactions are processed
Q1-Q4 2019

Signing agreements with mobile operators worldwide to activate the Global Mobile Profile. First prototype of a global SIM-chip to be embedded into mobile devices. Expanding list of mobile operators and service providers connected to the Bubbletone Blockchain Ecosystem. 10 million transactions are processed

telegram: 4,3 thousand
facebook: 2,3 thousand
twitter: 2,1 thousand
youtube: 320

Date of ICO: pre-sale — ongoing. ICO – March 20 - May 20, 2018.
Information on the landing page: ★★★★☆
How clear is the project: ★★★★☆

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