Bubbletone — Review of ICO

Bubbletone is a new platform for an already existing business that successfully functions and brings profit in telecommunications for 20 years.

But every business must develop or die. This business has chosen the path of development and reaching a new level. The goal is to create a global telecommunications system in which there will be no intermediaries, and there will be direct interaction between mobile operators, subscribers and service providers, due to which the cost of some services will be reduced tens of times.

About the Platform:

As I already wrote, the company has been working in the telecommunications industry for about 20 years, but since they are MVNO operators, they do not yet have the opportunity to offer their customers global roaming services. The idea of the platform is that it would provide its customers with interregional conversations for a minimum fee and the ability to change the profile of the SIM card, without changing the number, in which country you would not be. The mobile profile of the SIM card will be changed on a special radio channel instantly with the change of place of stay (country).

The company has already found the partner-operators for 80 countries of the world and agreed with them about the sale of their mobile profiles without changing the subscriber’s number and with the absence of expenses for roaming. The only thing you need to do is pay a deposit for using your number in a new country, but at standard prices, but you will not need to give a passport to buy a number, or you can use your entire completed KYC form to pay a deposit.

The company already has a working platform for the presence of its main functions. Also, there is a working applet that will determine in which network the subscriber is located and, accordingly, connect or disconnect roaming. And also from the platform already there is a beta version of the messenger “Bubbletone” which is available on Google Play and the AppStore.

Tokens Companies and their Sale:

At the moment all stages of pre-sales with bonuses are over and now the main sale of tokens is being completed, which will end on May 20, 2018. The minimum investment is 0.1 air, for 1 ether you can buy 4000 UMT tokens. Hard cap of the project is 15 million dollars. A total of 1 billion tokens will be issued.

On the distribution of tokens, we can say the following: 50% will go to sales to platform users, 0.2% go to the bounty campaign, 7.8% for the team and developers, 22% for the network development fund. And 20 percent for founders.

Roadmap:

At the expense of the project development plan, we can say the following: in Q1 2018, a beta version of the platform was ready, contracts for cooperation with many partners were signed, a platform demonstration at the World Mobile Congress was ready and the initial version of the smart contract was ready. In the second quarter, a WEB-API will be created to integrate mobile operators and service providers, as well as access to the services of a platform with low prices for communication services in more than 80 countries. In the third quarter, the company plans to coordinate the functions of the Global Mobile Profile by the International Telecommunication Union.

And in the platform messenger, there will be access to the creation of “voters”, videoconferences as 4k, and making money transfers in the fiat and crypto-currencies. In the 4th quarter, more mobile operators will be added to the list of partners of the company for greater user conveniences.

In 2019, the company will create the first prototype of a global SIM chip for embedding in mobile devices. + by this time, millions of transactions will be performed on the platform.

In conclusion, I want to say that the creation of the platform is a promising project, since telecommunications are something we can not do without. And the cancellation of roaming, as well as the creation of a more convenient functional for users, should attract very many. For a more detailed introduction to the project, please see WhitePaper. Good luck!

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