Ubuntu EcoCoin

The Ubuntu EcoCoin (UBEC) is a utility token¹ of the Ubuntu Economic Commons DAO. The UBEC utility token and other tools provide a “gateway” to digital infrastructures which enable individuals, communities or organizations to achieve economic freedom.As a form of crowdfunding mechanism the sale of UBEC utility tokens can be used to fund educational or public awareness projects or much needed infrastructure of participating small farms and communities committed to human-scaled symbiotic sustainable regenerative food systems and localized food sovereignty. In return Ubuntu EcoCoin utility tokens can be sent, exchanged and bartered as digital representations of all forms of assets or used as a “crypto” -voucher which can be redeemed (or held for some time and redeemed later) for organically produced vegetables, fruits or other products or services provided by participating farms and communities.

To create issue, exchange and barter Ubuntu EcoCoin (UBEC) utility tokens or other digital representations we have chosen the Stellar Network².

The Ubuntu EcoCoin utility token was first created on Friday 14.02.2020 on the Stellar Network. To date 191,769,122.58 Ubuntu EcoCoin tokens have been issued on the Stellar network. The number of issued UBEC utility tokens is equal to 1 UBEC per 1 Square Decimeter [dm²] of land under stewardship according to the philosophy and founding principles of the Ubuntu Economic Commons Agreement [UBECA].

Asset Code: UBEC
Issuer: GDPNB7S3IOM2J6C3NA2QG4TQAUCRZXPJJ4HSCSIKELEH7ORUCX5UB2VN
Explorer: https://stelllar.expert

UBEC Token Ecosystem

• • 65% of the issued utility tokens are dedicated for general distribution to crowd-fund small farms and communities committed to human-scaled symbiotic sustainable regenerative food systems and local food sovereignty.
  • 30% of the issued utility tokens are dedicated to token ecosystem stewardship
  • 5% of the issued utility tokens are dedicated to administrative responsibilities

Distribution 65% (124,649,929.68)

• • Potential stakeholders who wish to crowd-fund curated projects acquire UBEC utility tokens on exchanges such as the Stellar decentralized distributed exchange
  • Used as a tool or means of purchasing, holding, trading, exchanging or bartering (eg. UBECs in the form of Crypto-Vouchers for use in trading, exchanging or bartering goods and services)

Token Ecosystem Stewardship – 30% (57,530,736.77)

• • Token asset management and care: the ecosystem steward engages in stabilizing the UBEC tokens – in a healthy, fair, sustainable regenerative and orderly manner!
  • Infrastructure and Stakeholder Care
  • Liquidity Pool

Administration – 5% (9,588,456.13)

• • Day to day administrative tasks and duties
  • Legal / and Tax consultancy fees

Disclaimer

The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any of the website’s content as such. We do not recommend that any cryptocurrency or tokens should be bought, sold, or held by you. Nothing on this website should be taken as an offer to buy, sell or hold a cryptocurrency or token.

Ubuntu Economic Commons make no recommendation as to the suitability of any of the tokens, products, services or transactions mentioned herein. This information shall not be considered as, and may not be used in connection with, an offer to sell or the solicitation of an offer to buy tokens in any jurisdiction in which such offer or solicitation is unlawful.

Purchasing, holding, trading, exchanging, bartering and using virtual currencies or tokens involve a high level of risk. We do recommend that you conduct your own due diligence and consult your financial advisor before making any purchasing, holding, trading, exchanging, bartering or investment decision. We do not accept any responsibility and will not be liable for the purchasing, holding, trading, exchanging, bartering or investment decisions you make based on the information provided on this website and information posted to our social media accounts.

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