Ultroneum ICO: Company Review and XUM Token News Updates

Ultroneum ICO (XUM Token): Crypto Financial Management System?

The rise of blockchain technology in popularity has surged over the recent past few years. However, the new technology is still segregated from traditional finance. Despite the benefits that could accrue from seamlessly combining both in a complementary manner, the coherence has still eluded industry leaders up to this point.

Nevertheless, one company, Ultroneum, is about to change all that as it seeks to bridge the cryptos with conventional finance into a coherent system that allows transactions to be carried out painlessly.

About Ultroneum Crypto Financial Management System

Ultroneum intends to revolutionize crypto financial management through automating universal exchange between cryptocurrency and conventional currency.

It aims to create a cashless global Ultroneum platform where all transaction and payment needs can be attained using both supported traditional currencies and supported cryptocurrencies. The platform will have application in various use cases such as smart devices and Point of Sale (POS) devices which can be used with various cryptocurrencies and conventional currencies simultaneously.

A small transaction fee shall be administered where individuals can exchange any cryptocurrency for any conventional currency and vice versa or cryptocurrency to cryptocurrency in close to real-time.

The platform shall use Ultroneum (XUM) tokens as the common enabler for other cryptocurrencies and conventional currencies in the platform.

UltroWallet

It’s a multi-currency mobile wallet which enables one to store both fiat and cryptocurrency money. It also allows for instant P2P transfer, cash-out via UltroCash and mobile payment to UltroPay.

UltroCard

It’s connected directly to your UltroWallet, and it can be used from any location in the world both online and offline. It allows you to use your crypto money at any business or merchant. It’s available in two kinds – physical and virtual card.

UltroPay

It’s a smart MPOS terminal used by subscribing merchants, connected through merchant wallets. It’s available for all types of businesses. It’s a low cost hassle-free mobile payment.

UltroCash

It’s a cash-out facility connected to your UltroWallet, located at strategic locations. It offers swift access to local currency for use during traveling or daily expenses.

Advantages Of The Ultroneum Platform

• Businesses can accept their preferred currency safely, conveniently and swiftly. Likewise, customers can make purchases for goods and services with any cryptocurrency or conventional currency using their own smart devices.
• It will enable any supported cryptocurrencies or conventional fiat for easy transactions across international borders.

Functions Of The Ultroneum Platform

• It ensures minimal risk of volatility in cryptocurrency.
• It supports autonomous conversion of crypto and fiat currency at a minimal fee.
• It assists and eases merchants’ acceptance of any traded cryptocurrency with minimal transaction fees.

How To Access The Ultroneum Platform

The platform can be accessed via several ways including the following:

• Web page application.
• Smart Point of Sale (POS) terminals.
• Conventional ATMs
• Internal E-Commerce platform with internal exchange and payment gateway

Ultroneum XUM Token ICO Details

Parameters Of The ICO

• Token Name: Ultroneum tokens
• Token symbol:  XUM
• 1 XUM = $ 0.20
• Total tokens: 500,000,000
• Soft cap: 1,500,000
• Hard cap: 60,000,000

Tokens For Disbursement

• Private Sale: 90,000,000 units = 30%
• Presale: 60,000,000 = 20%
• Stage 1: 60,000,000 = 20%
• Stage 2: 45,000,000 = 15%
• Stage 3: 30,000,000 = 10%
• Stage 4: 15,000,000 = 5%

Token For Operations

• Working team – 30,000,000 (15%)
• Reserves – 50,000,000 (25%)
• Technical development – 80,000,000 (40%)
• Advisors and Partners – 10,000,000 (5%)
• Referral bounty – 20,000,000 (10%)
• Marketing – 10,000,000 (5%)