South African crypto startup project UBU update

saor

Honorary Master
Joined
Feb 3, 2012
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27,057
This will create the world’s first decentralised currency that primarily benefits people at the bottom of the economic pyramid.
So long as they're tech savvy & have access to a decent phone / device?

Every person has economic value, yet almost 3 billion are excluded from economic participation.

Consider that the poor expend most of their energy just surviving.
Cognitive dissonance or am I missing something here? How does a person 'fighting for survival' have the means to set up a wallet on a smartphone?

app.png

The white paper covers the tech and how sad the world is but doesn't seem to spend any time actually discussing how this currency gets into the hands of those that need it most. There's a technological barrier to entry.
 
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Ockie

Resident Lead Bender
Joined
Feb 16, 2008
Messages
51,947
Their app is live on Play store and I managed to register. It is not picking up my daily Ubu allocations from when I registered last year though.

Screenshot_2018-04-25-13-44-52-1114355628.jpg
 

Ockie

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Feb 16, 2008
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Daily UBU allocation seems to be working.

Screenshot_2018-04-26-08-38-29-1163624439.jpg
 

Ockie

Resident Lead Bender
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Feb 16, 2008
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Used 400U today at Roccomamas Town Square today for the Cheese bombs. Was easy and delicious. Just put in their cell number that they give u and done.

Screenshot_20180603-135019.jpg

Screenshot_20180603-134806.jpg
 

Ockie

Resident Lead Bender
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Feb 16, 2008
Messages
51,947
[MENTION=400131]Jamie McKane[/MENTION] Maybe time to do a follow up? See how close they are to doing a proper launch and what vendors have signed up?
 

ponder

Honorary Master
Joined
Jan 22, 2005
Messages
87,145
"Sit Ubu, sit"

[video=youtube;B2dnfAJlUwo]https://www.youtube.com/watch?v=B2dnfAJlUwo[/video]
 
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