In the video – an interview with Dmitry after the conference CryptoShow, where he made a report and was in a group of experts (judges).
Dmitry Borodin (CryptoB2B), Sergey Sarkisian (Standartico.com) and Denis Kozminykh (CryptoShow/ShowICO founder) plan to jointly launch a new project. Now the technical basis is being prepared, how to implement and launch a decentralized voting procedure for projects at CryptoShow, so that experts (judges) directly could vote for projects directly in the detachment and thereby make a decision on real investment in projects. The block solution will supply CryptoB2B and will further be a technical partner who can be responsible for the ideal integrity, security and transparency of investment allocation methods.
Despite the good business rating and rave reviews, from the technical point of view the project UBEX looks like a technical scam: the development plan is not disclosed, instead of the plan – water, release of tokens on the verge of foul, softcap – deception, technical level of the first product (smart contract) – extremely bad, fees of $7 million can not be checked.
UBEX is perhaps the most popular ICO in July 2018. It has collected a very large number of interested people, many revived reviews, videos, laudatory speeches, and positive forecasts have been ordered on the Internet. But…
The article considers a audit of the following objects of the ICO campaign at www.ubex.com, conducted by CryptoB2B on Jule 12, 2018, commissioned by a private investor:
methods of functioning of the Personal Cabinet about the sale of tokens
audit of a smart contract
technical component of the idea of the project (on the basis of reading White Paper).
critically erroneous approach in the understanding of the blockchain authors
serious problems with smart contract
a complete lack of explanation in the WP, how and what the authors of the project are going to do
despite the steep business rating, our technical rating of the project UBEX: 0/10.