Bubbletone ICO REVIEW
what’s up?!?! crypto guys and gals, Coin Exchange here, coming at you with another ICO review. This time, we are taking a look at an ICO project name Bubbletone.
So what is Bubbletone?
Bubbletone is a decentralized telecommunications ecosystem that allows for the direct connection between mobile operators and mobile subscribers (users) globally. With their blockchain solution, Bubbletone aims to significantly reduce the cost of international roaming charges for users traveling abroad. In other words, users can enjoy “local rates” for voice calls, message, and data usage services when they travel outside of their home countries.
In essence, Bubbletone greatly enhances the value of stakeholders:
Mobile Operators: Reduces operational costs of implementing old-fashioned roaming technology and capital expenditures of maintaining infrastructural support, allowing direct access to customers from the international market. There are essentially “globalizing” their services in their local country.
Mobile Subscribers: Saves on exorbitant international roaming charges and enjoy other value-add services from the Bubbletone ecosystem.
How does it work?
Leveraging on smart contracts, users can choose from a wide range of mobile plans (called “Offers”) created by mobile operators in the marketplace. Once the identity of the user is verified and the payment is issued, the mobile operator can provide high-quality mobile services to the user at “local price”.
For Mobile Users, here are the steps that need to be undertaken to enjoy Bubbletone’s offering:
Step 1: Download and log-in to Bubbletone app
Step 2: Choose mobile plans offered by local operators of the travel destination and download the ‘mobile profile data’ (a chunk of technical data) of the operator to their current SIM card
Step 3: Upon arrival to the destination, the ‘mobile profile’ will be automatically activated and connected to the local network.
Bubbletone will be using the Graphene framework, an open source C++ blockchain implementation that is modular (customizable) in nature. A major advantage of using Graphene is that it allows for scalability (over 10,000 transactions per second) and has high performance, which is key for high-tempo, real-time processing. The consensus mechanism used will be Proof-of-Importance, which represents an enhancement version of Proof-of-Stake consensus that is specifically geared towards the telecom industry.
The Team
Let’s look at the A team that Bubbletone packing. Bubbletone has a big and diverse team with core competencies in the telecom arena. Looking at the Linkedin profiles of the team, we can deduce that many of the members have prior work experience for Allo Incognito, a mobile virtual operator. Having a common denominator is always advantageous for a project due to their close team dynamics.
Bubbletone’s CEO (Yuri Morozov), CTO (Oleg Pravdin) and CMO (Sergey Baloyan) have founded a string of successful telecom and software companies and projects. With over 20 members working on the project specializing in telecom applications, IT, blockchain development and marketing, Bubbletone is highly capable of executing their vision and implementing their concept.
Roadmap
The project is set to move at a fast pace, with the commercial launch of its web-API — that will allow mobile operators and service providers to integrate their system onto Bubbletone’s app — scheduled to be ready be ready by the June 2018. The key landmark for the project would be the approval of Bubbletone’s platform by International Telecommunication Union scheduled for the third quarter of 2018. This could take Bubbletone to the next level as being industry-accredited.
ICO
Let’s take a look at the I C O. The bubbletone I C O utilizing the ERC 20 token standard. It has the hard cap of $15 million. With the total supply of 1 billion tokens. All unsold token will be burnt and there won’t be any additional token release.
Overall, I think that Bubbletone is a refreshing disruptor towards the international telecom industry plagued by excessive charges. With a highly experienced team and a good technological direction, Bubbletone is set to become a reputable force in the coming years.
Find out more about Bubbletone here:
WEBSITE: https://bubbletone.io/
official Telegram channel: https://t.me/bubbletone
Bubbletone youtube channel: https://www.youtube.com/channel/UCm2tpPPC5umXhBNufFmiw3g
Bubbletone medium blog: https://medium.com/@bubbletone
Bubbletone Twitter account: https://twitter.com/BubbleTone_eng
Bubbletone Facebook page: https://www.facebook.com/BubbleTone.Eng/
DISCLAIMER: This post is for informational purposes only and should not serve as financial advice. The author of this post is NOT a financial advisor and it’s YOUR responsibility to do your own research and make your own decision.
Thank you for reading!
bitcointalk name: Tongviethung
bitcointalk URL link: https://bitcointalk.org/index.php?action=profile;u=1321988
MEW Wallet: 0xfAF87B66230969a19618075233C6b97d8c633f0E
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