Lack of access to basic financial services & wealth creation opportunities have created a global poverty trap. Additionally, The World Bank estimates that up to 60 million people will likely fall below the International Poverty Line of $1.90 per day in 2020, as a result to the pandemic.
- 1.7 Billion
Adults are still unbanked globally
- 11.1 Billion
of unbanked Adults have a Mobile Phone
The poverty trap
- $1 Trillion
of debt held by US Millennials
- 99% of global Wealth
Held by 1% of the population
Access to essential services
- $52.8 Billion
is spent every year on fees for cross-border remittance to developing nations
- 60 Million
people worldwide will fall into poverty and lack access to basic Healthcare & Education in 2020*
A digital, social commerce platform providing the tools for Value Creation, Realisation and Conservation at the fingertips, through mobile connectivity. This platform solves the 3-big pillars of “The Problem” accordingly.
Access to Global Economy
Mobile Money & Commerce On-the-GoAccess to a ubiquitous mobile wallet for a secure store of value
Wealth creation & Preservation
Investment & Savings Backed by GoldAccess to tradeable, regulated asset (gold) backed securities via digital exchange
Dignity at the palm of all hands
Essential Services & Empowerment ToolsAccess to affordable micro/nano healthcare, insurance and education services
A Digital Cocoon for the New World
UTribe.One, a digital ecosystem powered by individuals and communities exchanging values, godos, services and data through the power of collaboration for shared wealth creation, conservation and distribution.
GODL gold backed currency
GODL is a digital asset (dAsset) 100% backed by gold, physically stored and tokenized by TUIC. The minimum buy-in of GODL is around 5 cents, based on the price of 1 milligram of gold, making it an accessible investment for anybody with a mobile phone and the internet.
GODL democratizes access to gold and leverages its historic stability against the volatility risks of fiat currencies, cryptocurrencies, and other digital assets. This makes GODL an efficient tool for storing, transferring, and multiplying wealth for those underserved by the current financial system.
GODL is not a cryptocurrency, but a digital gold certificate stored on the blockchain. It is a cost-effective digital representation of gold, which can now be securely transferred in real-time online, serving the widest circle of investors and maximizing liquidity. Finally, GODL owners can redeem their GODL assets for physical gold in bars and coins whenever they wish (based on minimum quantity purchased).
Our Track & Trace technology enables GODL holders to track the journey of their purchased gold from extraction to the vault, ensuring responsible business practices. We provide liquidity from digital to physical gold and our gold reserves constantly meet or exceed the amount of GODL in circulation. All gold is audited monthly in our international vaults.
GODL is not only a stable investment tool for the financially excluded. TUIC reinvests a portion of GODL profits into local communities to create jobs and schools, and support social initiatives. It also promotes sustainable mining practices, serving both local communities and the planet. So all GODL owners become de facto supporters of responsible gold extraction.
U-Coin (UBX) is a digital asset (dAsset) convertible either into discounted ethical gold from the mines that we pre-finance or into TUIC shares.
The supply of UBX is limited to 777,777,777,777 tokens, 5.2% of which will be offered on sale to the public during the first Security Token Offering.
The UBX price will be listed at $0.001618 (USD 1.618 cents) at Security Token Offering, and thereafter will be determined by the market.
Similar to standard futures contracts, UBX is sold to investors to mobilize the necessary capital to pre-finance the extraction of gold, which is then obtained at a discount of up to 20% from the market price.
With the funds raised from UBX investors, TUIC purchases interests in gold mines and pre-finances small and medium scale sustainable miners. This helps us promote fair gold trade and secure future gold bullion at a discounted rate. Then we transfer this gold to our vaults, tokenize it, thus mitigating the logistics risks and increasing liquidity for our investors, and offer it for sale as GODL – our other dAsset 100% backed by gold.
UBX owners have the right to convert their UBX into shares in TUIC after a period of 3 years. Meanwhile, profit margins from gold sales are also shared with UBX owners.
The UBX dAsset is also a means of payment for all Ubuntu Tribe Ecosystem related fees and the only form of payment accepted to execute GODL transactions. In order to buy/sell GODL, owners will need to have 1-2% of the value of GODL in UBX to meet the cost of the transaction fee. Thus the more people adopt our products and GODL in particular, the more UBX appreciates in value.
Inception of Ubuntu Tribe
Finalist at African Bankers Award for Innovation
Partnership with SMART Africa (representin g 30 African countries)
Ubuntu Tribe now officially endorsed by 25 African countries
Selected by Tim Draper for Global Entrepreneurship Program (Silicon Valley)
Test Net & Investment Memo Completed
Track & Trace v.1.0
Ubuntu Tribe Global launch at the World Economic Forum
First gold contract signed with Ghana (2t gold supply)
MOU signed with Paxful for token placement & distribution
$500m in Gold contracts signed
Key endorsements for Ubuntu Love Challenge confirmed
Ubuntu Love Challenge & Festival launched
Smart contracts completed & Tokens tradeable on test net
STO Launch Phase 1 (USA, ME & Asia)
GODL & Upro to be issued on main net
Monaco gold refinery partnership (insurance & security) signed
STO Launch Phase 2 (Europe, Africa)
uTribe.One MVP (soft launch)
UTribe.One Market Launch Phase 1 (Africa, ME)
Exchange Listing on dedicated Security Exchanges worldwide
Public Offering (Liechtenstein)
uTribe.One Market Launch Phase 2 (Europe, Asia)
Your Gold is:
Why Invest in Ubuntu Tribe ?
referral commission paid for any new customer referred
of margins from gold trading are shared monthly
All transaction fees on the platform payable in U-Coin
of all transaction fees allocated to social impact projects selected by token holders