RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

Bubbletone ICO (UMT)

Blockchain in Telecom

Bubbletone is a decentralized blockchain based telecommunications platform that allows for the direct connection between mobile operators and mobile users globally. Via their blockchain based solution, Bubbletone aims to reduce expensive international roaming charges for users while travelling abroad. Practically speaking, users can enjoy “local rates” for voice calls, text messages, and data usage services when they are not in the home countries of their mobile operators.

ICO Start

02 Feb, 2018

ICO End

15 Jun, 2018

Bubbletone Score Analysis

Bubbletone has a clear vision and what it aims to accomplish can be seen in its MVP, which is already available for download on iOS and Android. Bubbletone relies on team members and advisors that together create a team with substantial experience in both blockchain and telecommunications, which are crucial for the success of this project. Moreover, the project seems to receive a positive response from the community. From another standpoint, Bubbletone is partnership-dependent, which might harm the project in markets or countries in which local telecommunication providers might not cooperate with it. Furthermore, some of Bubbletone’s competitors are worldwide service providers who rule the market and will be an obstacle both in attracting clients and creating partnerships.

Bubbletone Use of Token

UMT is Bubbletone's ICO token. UMT is an Ethereum based ERC20 token. There is a total of 1 billion UMT tokens. 50% of the tokens will be sold during the ICO (unsold tokens will be burned via a smart contract following the ICO). 22% of the total amount of UMT tokens will be allocated for a ""Network Development Fund"", 20% will be awarded to the founders, 7.8% will form a ""Team and Community Development Fund"", and 0.2% will be set aside for the ""Bounty Fund"". UMT Tokens are utility tokens that will be used for payment of mobile plans within the ecosystem, and it will be also used for creation of smart contracts on Bubbletone's blockchain. UMT tokens will be also used as a reward for miners. The platform will also utilize another token known as SDR token. It is a stable token pegged to Special Drawing Rights (SDR). SDR tokens represent the unit of accounting of the International Monetary Fund (IMF) (backed up by 5 major fiat currencies) for International Settlements, which will be used for settlement of mobile carriers.

  • Organization

    Bubbletone

  • Platform

    Graphene

  • Coin type

    Utility Token

  • Category

    Communications

  • Soft cap

    1 ETH

  • Max cap

    15,000,000 ETH

  • Max supply

    1,000,000,000 UMT

  • Price

    0.00025 ETH

Bubbletone Token Sale Stages

  • Stage
  • Start date
  • End date
  • Amount of Tokens
  • Price
  • Discount
    • Pre-ICO 2nd stage
    • 11 February, 2019
    • 01 March, 2019
    • No limit
    • 0.00025
    • 20
    • Claim
    • Pre-ICO 3rd stage
    • 02 March, 2019
    • 10 March, 2019
    • No limit
    • 0.00025
    • 13
    • Claim
    • ICO
    • 20 April, 2019
    • 20 May, 2019
    • No limit
    • 0.00025
    • Claim
    • ICO extention
    • 20 May, 2019
    • 15 June, 2019
    • No limit
    • 0.00025
    • Claim

Bubbletone Distribution

Bubbletone Team Members

  • Yury Morozov
    Yury Morozov CEO and Founder
  • Oleg Pravdin
    Oleg Pravdin CTO
  • Sergey Baloyan
    Sergey Baloyan CMO and Head of IR
  • Fedor Rozhnov
    Fedor Rozhnov CBDO

Bubbletone Advisors

  • Gabriel Zanko
    Gabriel Zanko Advisor
  • Keith Teare
    Keith Teare Advisor
  • Dr. Norman Lewis
    Dr. Norman Lewis Telecom expert
  • Anders Larsson
    Anders Larsson Advisor

Bubbletone Past Events

  • 31 March, 2019

    Initial version of smart contracts is ready, first “Offer” and “Request” are on the platform, demonstration of Mobile World Congress in Barcelona (February 2018), and integration with major eSIM platforms to download mobile profiles onto SIM cards.

  • 30 June, 2019

    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, low rates in 80+ countries..

  • 30 September, 2019

    Global mobile profile approval by International Telecommunication Union, update mini nodes to participate in processing smart contracts, new features in the BubbleTone app: voting platform, 4K video conferences, and transfer of money or cryptocurrencies.

Bubbletone Future Events

  • 31 December, 2019

    Expanding list of mobile operators and service providers connected to BubbleTone Blockchain Ecosystem.

  • 31 December, 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, first one million transactions are processed, creating a public offer for all mobile device vendors to implement the Global Mobile Profile, BubbleTone is the global decentralized distributor of mobile devices connecting to home carrier and abroad carriers, expanding list of mobile operators and service providers connected to the BubbleTone Blockchain Ecosystem, 10 million transactions are processed.