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Solutions

The Problem

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.

Financial inclusion

  • 1.7 Billion
    Adults are still unbanked globally
  • 11.1 Billion
    of unbanked Adults have a Mobile Phone

2.

The poverty trap

  • $1 Trillion
    of debt held by US Millennials
  • 99% of global Wealth
    Held by 1% of the population

3.

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*
problem

The Solution

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.

1.

Access to Global Economy

Mobile Money & Commerce On-the-Go
Access to a ubiquitous mobile wallet for a secure store of value

2.

Wealth creation & Preservation

Investment & Savings Backed by Gold
Access to tradeable, regulated asset (gold) backed securities via digital exchange

3.

Dignity at the palm of all hands

Essential Services & Empowerment Tools
Access to affordable micro/nano healthcare, insurance and education services
solution

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.

cocoon
godl

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.

ubx 1

U-Coin (UBX)

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.

What is U-Coin (UBX)?
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.
UBX as a pathway to discounted gold
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.
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Roadmap

  • Q4/2017

    Inception of Ubuntu Tribe

  • Q2/2019

    MVP Completed
    Finalist at African Bankers Award for Innovation

  • Q3/2019

    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)

  • Q4/2019

    Test Net & Investment Memo Completed
    Track & Trace v.1.0

  • Q1/2020

    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

  • Q2/2020

    $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

  • Q3/2020

    STO Launch Phase 1 (USA, ME & Asia)
    GODL & Upro to be issued on main net
    Monaco gold refinery partnership (insurance & security) signed

  • Q4/2020

    STO Launch Phase 2 (Europe, Africa)
    uTribe.One MVP (soft launch)

  • Q1/2021

    UTribe.One Market Launch Phase 1 (Africa, ME)
    Exchange Listing on dedicated Security Exchanges worldwide

  • Q2/2021

    Public Offering (Liechtenstein)
    uTribe.One Market Launch Phase 2 (Europe, Asia)

Your Gold is:

ETHICAL

We promote sustainable mining practices

SAFE

Vaulted in save locations (Switzerland, Lichtenstein, others)

REDEEMABLE

At any time – anywhere in the world

TRACEABLE

From Underground to the vault

INSURED

By a top-3 global insurance company

AUDITED

Regularly by renowned audit firms

LIQUID

Buy and sell gold or goods within minutes from your mobile

Why Invest in Ubuntu Tribe ?

Bolster Local Communities

% of transaction fees goes to social initiatives

Promote Sustainable Gold Mining

Get up to 15% discount

Combined Team Experience

50+ yrs in Blockchain, 50+ yrs in Mining, 70+ yrs in IT, 30+ yrs in Media

00%

referral commission paid for any new customer referred

00%

of margins from gold trading are shared monthly

00%

All transaction fees on the platform payable in U-Coin

00%

of all transaction fees allocated to social impact projects selected by token holders