Bubbletone ICO review.

Bubbletone is a highly ambitious project which caused a lot of hype in the community. It aims to build the first decentralized telecommunication ecosystem, and the absence of intermediaries means significantly reduced roaming prices. Moreover, the users of the system don’t have to change their SIM cards when they travel or pay any additional tariffs compared to the local people. The idea seems especially appealing now, in the age of global travel and mass tourism. If executed and promoted correctly, it truly has a potential.

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The platform enables the mobile carriers to publish offers via smart contracts, which are then displayed to operators and consumers. When an offer is chosen, a smart contract is created, a payment is processed and services of a local telecom company are provided. Notice that the product is not aimed at subscribers only, as the company claims that is has something to offer to all parties involved. The company claims to aim for a market of 1,000 operators, 10,000 service providers and 1.3 million travelers annually.

The subscriber of the system gets never-seen-before flexibility in finding and managing the best telecom tariffs. They will additionally get the ability to save a phone number when changing an operator profile or get a virtual number. It’s even possible to automatically switch between operators depending on their prices and quality of communication. The project’s team claims to have partners in 80 countries, which already provide services to the users at local rates. The company emphasizes the time saved by not having to buy local SIM cards when traveling, as it often involves providing documents and filling out different forms. The main advantage, of course, is the significant reduction in the price of communication and internet access during travel. However, some operators provide really low roaming tariffs or make roaming free within the country, while instant massagers offer free calls via internet, and Wi-Fi is often free in areas popular with tourists.

According to its creators, Bubbletone might be a great idea for mobile operators of small and medium size, as its adoption will make their access to the roaming market much easier. This will be achieved by elimination of time-consuming mergers with local intermediaries. Large operators also might be interested in the system to reduce the costs of new users recruitment.

The blockchain technology is an indispensable part of the project since without it creating a common platform for mobile operators all over the world would be impossible or too expensive, due to technical and legal differences in telecom area in different countries. Blockchain also works as a single currency to pay for services within the system. Bubbletone will use a utility token named Universal Mobile Token, which is based on the Graphene blockchain.

The project’s team is led by Yury Morozov, the founder of 4 existing telecom companies with annual revenue of $50 million. Other team members are experienced telecom industry experts and blockchain-related employees. In our opinion, the team has sufficient technical and commercial credentials. All members have credible social accounts on LinkedIn. The project already has a beta version of messenger app, which is available on Google Play and Apple Store.

The project is addressing a real need in the market, but the main risks come from Internet-based messengers. It’s going to be hard to compete with such giants as Telegram, Skype or Whatsapp, especially when reliable internet connection is getting more and more accessible. Bubbletone, however, is clearly beneficial to both consumers and operators, offering cheaper prices and access to wider markets.

Bubbletone is a highly ambitious project which caused a lot of hype in the community. It aims to build the first decentralized telecommunication ecosystem, and the absence of intermediaries means significantly reduced roaming prices. Moreover, the users of the system don’t have to change their SIM cards when they travel or pay any additional tariffs compared to the local people. The idea seems especially appealing now, in the age of global travel and mass tourism. If executed and promoted correctly, it truly has a potential.

The platform enables the mobile carriers to publish offers via smart contracts, which are then displayed to operators and consumers. When an offer is chosen, a smart contract is created, a payment is processed and services of a local telecom company are provided. Notice that the product is not aimed at subscribers only, as the company claims that is has something to offer to all parties involved. The company claims to aim for a market of 1,000 operators, 10,000 service providers and 1.3 million travelers annually.

The subscriber of the system gets never-seen-before flexibility in finding and managing the best telecom tariffs. They will additionally get the ability to save a phone number when changing an operator profile or get a virtual number. It’s even possible to automatically switch between operators depending on their prices and quality of communication. The project’s team claims to have partners in 80 countries, which already provide services to the users at local rates. The company emphasizes the time saved by not having to buy local SIM cards when traveling, as it often involves providing documents and filling out different forms. The main advantage, of course, is the significant reduction in the price of communication and internet access during travel. However, some operators provide really low roaming tariffs or make roaming free within the country, while instant massagers offer free calls via internet, and Wi-Fi is often free in areas popular with tourists.

According to its creators, Bubbletone might be a great idea for mobile operators of small and medium size, as its adoption will make their access to the roaming market much easier. This will be achieved by elimination of time-consuming mergers with local intermediaries. Large operators also might be interested in the system to reduce the costs of new users recruitment.

The blockchain technology is an indispensable part of the project since without it creating a common platform for mobile operators all over the world would be impossible or too expensive, due to technical and legal differences in telecom area in different countries. Blockchain also works as a single currency to pay for services within the system. Bubbletone will use a utility token named Universal Mobile Token, which is based on the Graphene blockchain.

The project’s team is led by Yury Morozov, the founder of 4 existing telecom companies with annual revenue of $50 million. Other team members are experienced telecom industry experts and blockchain-related employees. In our opinion, the team has sufficient technical and commercial credentials. All members have credible social accounts on LinkedIn. The project already has a beta version of messenger app, which is available on Google Play and Apple Store.

The project is addressing a real need in the market, but the main risks come from Internet-based messengers. It’s going to be hard to compete with such giants as Telegram, Skype or Whatsapp, especially when reliable internet connection is getting more and more accessible. Bubbletone, however, is clearly beneficial to both consumers and operators, offering cheaper prices and access to wider markets.

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