Universal Labs ICO Review And YOU Token Analysis




5 months ago

Universal Labs ICO About

Universal Labs is building a blockchain solutions designed to facilitate digitalization of asset ownership and making it transferable through the help of Ubbey Network and the Ownership (OWP) protocol. Ubbey Network is powered by Ubbey Box, our blockchain personal cloud device that also act as a node in the network. Developers can build dApps on top of our OWP protocol, our ultimate goal is to bridge the gap between physical and virtual universe and creating a frictionless ecosystem for peer-to-peer transactions of all types of digital assets.

Universal Labs ICO Review

Universal Labs was created to solve a series of shortcomings presented by incumbent infrastructures:

▪ Digital data ownership: It is hard to assign ownership on data. It is even harder to claim, enforce

and monetize that ownership.

▪ Universal solution: Lack of a universal protocol for the transaction of digital assets.

▪ Verification of physical assets: Difficulty for the average consumer to differentiate original products

from counterfeit ones (e.g. Luxury handbags, luxury watches, fine arts, wines, etc.)

▪ Limitations of current cloud model: Inability of the current cloud service model to service

exponentially increasing throughput. This goes on top of the aforementioned costs of setting

up personal cloud systems and the risks of data loss due to device failure.

Universal Labs solution: The Ubbey Network

The Ubbey network is a decentralized network powered by Ubbey Box and the Ownership Protocol

(OWP), which enables ownership exchange of digital & physical assets in a peer-to-peer way. Once

an asset has been registered, it could be transferred directly from one IP to another on the Ubbey

Network almost instantly, just like transferring files over peer-to-peer protocols.

The Ubbey Box Advantage

Ubbey Box is a hardware device designed by Universal Labs. It can be used as a personal cloud

storage for individuals and enterprises. It provides user with massive amount of secure data storage

space, with 1TB or 2TB options available in the first version. It allows users to backup or store at one

place and access the file from anywhere and anytime. Users can connect Ubbey Box with different

devices including but not limited to media players, gaming consoles and smart TVs. With the arrival

of Internet of Things, Ubbey box can also connect with various smart devices in future. Ubbey Box is

also a full node for the Ubbey network, which means it acts like a “miner” in Bitcoin network. The

Ubbey network block creator will be randomly selected from Ubbey box nodes based on Proof of Storage

consensus algorithm. Users can mine YOU token through sharing their personal storage space

and be rewarded with YOU token as an incentive to power and secure the network.

Universal Labs ICO Comments

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  • 5 months ago Jonas Panerio

    When is the pre-sale for this project?

  • 5 months ago Maverick Carter

    It actually begins tomorrow at 11:00 UTC.

  • 5 months ago Maverick Carter

    Came across this great review: https://www.youtube.com/watch?v=1E1xpCLyQFw

  • 4 months ago Steve Kerr

    Here's an update with where ULabs is with their pre-sale: Platform target amount 1,084.41 ETH of 3,000ETH

  • 4 months ago Draymond Green

    ULabs founder Keda Che talks about "The Future of Personal Cloud Storage": https://medium.com/coinview/keda-che-founder-ceo-ulabs-interview-ubbey-personal-cloud-storage-blockchain-technology-e0a29025f687

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ICOPicker - Keda Che
Keda Che
ICOPicker - Sammy Mehra
Sammy Mehra
ICOPicker - Dr. Ryan Yuan
Dr. Ryan Yuan
Chief Scientist

Token Info

  • Symbol/Ticker YOU
  • Platform Blockchain
  • Type ERC20
  • Bonus

Presale Info

  • Presale Price null
  • Presale Start Date Invalid date
  • Presale End Date Invalid date

Investment Info

  • Tokens for Sale 4000000000
  • Total Token Supply 10000000000
  • Price Per Token 100000 ETH
  • Soft Capital 0 USD
  • Hard Capital 40,000 ETH
  • Accepting ETH

June 2018

The shipment of the first generation of Ubbey Box with mobile app in place.

October 2018

Qin Launch of test net, this is to ensure the network is ready for digital asset ownership registration. Announcement of major partnership to ensure a wide distribution channel for Ubbey Box and the distribution of Ubbey Box is decentralized.

December 2018

Han Launch of main net, complete integration of OWP protocol with Ubbey Box. This ensure that key elements are in place so that Ubbey Network grows into a fully decentralised and autonomous system.

March 2019

Sui Integration of InterPlanetary File System (IPFS) with OWP Protocol.


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5 months ago

  • Token YOU
  • Platform Blockchain
  • Price 100000 ETH
  • Soft Capital 0 USD
  • Hard Capital 40,000 ETH
  • Accepting
  • Country Hong Kong
  • Restrictions
  • Know Your Customer Yes
  • Whitelist Yes

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