Unibright ICO Review And UBT Token Analysis
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Unibright ICO Review And UBT Token Analysis

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Unibright ICO Overview

The Unibright ICO and UBT Token auction are adopting funds for a template-based, ERP blockchain affiliation system. Unibright offers a beheld interface for the automated affiliation of business assignment and advice flows forth with the accessibility of automated acute arrangement generation.

The Unibright framework is advised to accredit cross-blockchain and cross-system connections, accouterment a full-stack of apparatus to affix disparate advice silos from absolute action systems, accretion ability and productivity.                                    

Unibright ICO Value Proposition

The Unibright Framework allows users to advance and adapt templates for a array of business cases including multi-party approval, asset activity cycles, aircraft action ecology and invoices, amid abounding others. Users with no abstruse ability of blockchain can baddest and visually adapt a workflow which can be deployed to arch advice amid absolute ERP systems.

The Unibright Framework consists of four 4 tools:

The UB Workflow Designer allows anyone, behindhand of his or her acquaintance with blockchain to visually ascertain affiliation workflows, absolute from any specific blockchain protocol

The UB Arrangement Lifecycle Manager allows users to transform a ahead authentic workflow into a blockchain specific acute arrangement code, broadcast the contracts, advance absolute affairs and accomplish automated connection adapters (see below) for absolute systems

The UB Explorer allows for the ecology of advancing processes from a distinct interface, amalgamating abstracts from acute affairs and all systems that are affiliated via the arrangement called by the user

The UB Connector allows on/offchain IT systems to advance Unibright acute affairs and enables the conception of chip cross-chain and cross-system workflows. An important allotment of the UB Connector basement is the SmartAdapter, which encapsulates all abstruse capacity bare to affix to a specific blockchain or ERP system. SmartAdapters accompany action to the Unibright Connector, enabling a all-inclusive arrangement of affiliation possibilities.

At present, Unibright is testing their MVP, which connects Ethereum-based acute affairs to SAP ERP systems. Toward the ambition of cross-blockchain scalability, Unibright is developing a Hyperledger-SmartAdapter and targeting above protocols as well.

Below is an archetype from the Unibright website of a “request for quote” use case for which a arrangement has been created on the Workflow Designer:

Unibright “Request for Quote” Use Case Example

The Unibright Badge (UBT) is an ERC-20 account badge basal the Unibright Framework. UBT is the alone agency of deploying acute affairs aural the framework. Every UB Connector  integration aural an ERP arrangement area advice is exchanged will acquire a transaction fee in UBT. It is also the alone agency of acquittal for casework like deployment of SmartAdapters and affiliation of absolute ERP Systems with the blockchain.

Only UBT can be queried and transacted aural the Unibright ecosystem to agreement acclimation of the framework.

Unibright has adopted an action affable acquittal archetypal to advice accumulate alteration to UBT badge usage. When a aggregation onboards the product, they acquirement a set bulk of UBT application fiat. As an example, if one affiliation costs one UBT, account $0.14 cents at the time of purchase, this amount will be set for as continued as the defined connection/integration is exchanging information.

Additional integrations are purchased according to the accepted amount of UBT, actual abiding for the continuance of that affiliation case, about on a cable basis.

Unibright’s primary antecedent of acquirement derives from this model, which is accordant with absolute ERP affiliation business models, including their own.

Finally, business-specific templates or system-specific SmartAdapters will be traded on a exchange as add-ons, accessible with UBT.

Unibright ICO Team

Marten Jung is the CEO, Founder and Head of Blockchain Development with Unibright. Marten has been the CEO of ancestor aggregation SPO Consulting for the accomplished 2 years. He began his career with SPO in 2001 as a Software Developer afore affective on to assignment for Jung & Schmidt as a Senior Software Engineer, area he maintains his position accordingly alongside his role as CEO with SPO.

Stefan Schmidt is CTO, Co-Founder and Arch of Software Architecture. He currently serves in the aforementioned position with SPO Consulting. Stefan additionally is the arch of Jung & Schmidt, and has been a software developer back 2004.

Ingo Sterzinger serves as Lead Frontend Engineer. According to his Xing profile, he has able-bodied over a decade of developer experience.

Daniel Benkenstein is CMO of Unibright. He has 8 years of acquaintance as CEO with Neosmart, a web development and business affiliation company. He additionally has ambitious acquaintance with his own startup app company, Herzblut.io.

On the advising end, Oleksii Matiiasevych, a Smart Contracts Engineer with Ambisafe, provides advice to Unibright for blockchain engineering. Oleksii is acclaimed for his role in helping balance millions of dollars account of ETH in an attempted hack.

More on the the aggregation can be begin on the Unibright homepage.

Unibright ICO Strengths and Opportunities               

The aggregation are already active a acknowledged ERP affiliation business which offers a antecedent cloud-based ERP framework alleged PIP. Unibright is congenital on aspects of the absolute framework, which has been deployed by the brand of Lufthansa, Siemens and Samsung.

With a clue almanac of success designing, ablution and ascent their absolute artefact to ample action clients, the aggregation accept accurate their adequacy in the branch of ERP and acquired a clientbase that is a abundant advantage for ascent Unibright. In accession to their absolute product, an onchain MVP of Unibright connects SAP to Ethereum acute contracts. The aggregation has additionally provided a video walkthrough of the frontend accoutrement which accept already been developed.    

The aggregation accept paid accurate absorption to formulating a action and artefact that is activating abundant for the capricious development of blockchain technology. While the Unibright ICO MVP is congenital on Solidity, continuing development for added protocols will follow.

Not alone does the Unibright Framework acquiesce for affiliation of altered ERP systems by SAP and Microsoft, but the artefact will additionally ultimately be blockchain agnostic. This abstraction helps to future-proof the artefact from the ambiguity of the beginning industry.

Unibright ICO Weaknesses and Threats

While the acquaintance about business applications of blockchain is increasing, companies such as IBM are dispatch in to action their own ERP affiliation systems based on Hyperledger. As mentioned above, one affiliation of the SmartAdapter will be Hyperledger-based.

In an account with Unibright ICO Founders Marten and Stefan, they accent the ERP/blockchain-agnostic appearance of Unibright as a agency to abound in affiliation with the admeasurement new blockchain systems from big tech companies instead of agreeable in absolute competition.

The use of Unibright to arch ERP and blockchain systems amid enterprises is abnormally able in this regard. The team’s antecedent success with PIP has accurate the activity of this action on a abate scale, as their account of action audience demonstrates.

The best acute ambiguity pertains to the catechism of back and to what amount accumulation affiliation of blockchain with ERP systems will occur. At this stage, Unibright is tasked with the claiming of acceptable both absolute and new audience to accept their blockchain product.

While the allowances may assume anon accessible to some, it’s important to accumulate in apperception that ample enterprises can be awfully apathetic at onboarding added able systems. This is area the accent of leveraging partnerships and ambrosial to their absolute applicant abject will prove crucial.

As a agency to animate onboarding, enterprises that ambition to agreement with blockchain affiliation can advance Unibright’s Workflow Designer advisedly and arrange the UB Connector on a distinct business case if they would like to analyze the allowances of the Framework after incurring a ample cost.

This archetypal of incentivizing adoption, in accession to the ERP and blockchain doubter appearance of the platform, could potentially advice abate abhorrence to onboard the product.

At this aboriginal date in the market, we will pay appropriate absorption to added break of advance on the business development front.

The Verdict on Unibright ICO

The Unibright ICO is led by a awful competent, adamant aggregation with an accustomed anchor on their ambition market. The architecture of the Unibright Framework is able-bodied conceptualized and the success of their cloud-based ERP artefact adds added acceptance to the project.

On the added hand, the catechism of acceptance and ascent casts a akin of uncertainty; the approaching will become added discernable as signs of advance appear.

Learn added about the Unibright ICO from our Telegram Community by beat here, and bethink to analysis out our added ICO Reviews.

As a Top 10% rated ICO, we will be agreement a baby bet on the Unibright ICO (UBT Token).

UNIBRIGHT ICO REVIEW SCORES

SUMMARY

The Unibright ICO (UBT Token) combines a able aggregation with a clue almanac of success and a above opportunity. The chain of ERP solutions is a attestation to their call aural the enterprise, and the affiliation of blockchain technology into these solutions is apparent by abounding as assured – with a history of alive with behemothic conglomerates, the aggregation abaft Unibright assume well-positioned to defended an advantage – but antagonism will be angry and could be overwhelming.

Founding Team……………………….8.2

Product…………………………………..6.0

Token Utility…………………………..9.0

Market…………………………………..5.0

Competition…………………………..5.5

Timing……………………………………8.5

Progress To Date……………………5.5

Community Support & Hype…..5.0

Price & Token Distribution……..9.5

Communication……………………..10.0

FINAL SCORE……………………….7.5

UPSIDES

DOWNSIDES

Today’s Date: 3/26/18

Project Name: Unibright

Token Symbol: UBT

Website: https://unibright.io/

White Paper: https://unibright.io/download/Unibright_Whitepaper.pdf

Crowdsale Hard Cap: $13,542,375 USD

Total Supply: 150 million

Token Distribution: 67% in the accessible badge sale, 9% awash to aboriginal purchasers, 6% to the aggregation (locked up for 12 months), 12% algid accumulator clamminess reserve, 6% acknowledged / badge auction expenses

Price per Token: 1 UBT = $0.14

Maximum Market Cap (at crowdsale price): $21 actor USD

Accepted Payments: ETH and BTC

Countries Excluded: US, China

Bonus Structure: First division of tokens – 10% bonus, additional division of tokens – 5% bonus, butt of the tokens – 0% bonus

Presale Terms: N/A

Whitelist: No whitelist

Important Dates: Crowdsale- April 10th

Expected Token Release: TBA

Additional Information: https://t.me/unibright_io

ICO Review Disclaimer

The aggregation at Crypto Briefing analyzes an antecedent bread alms (ICO) adjoin ten criteria, as apparent above. These belief are not, however, abounding analogously – our proprietary appraisement arrangement attributes altered degrees of accent to anniversary of the criteria, based on our acquaintance of how anon they can advance to the success of the ICO in question, and its investors.

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Cryptocurrencies and blockchain are arising technologies that backpack inherent risks of aerial volatility, and ICOs can be awful abstract and action few – if any – guarantees. You should never accomplish an advance accommodation on an ICO or added advance based alone on the admonition on this website, and you should never adapt or contrarily await on any of the admonition on this website as advance advice. We acerb acclaim that you argue a accountant advance adviser or added able banking able of your allotment if you are gluttonous advance admonition on an ICO or added investment.

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Founding Team

This class accounts for the leaders, developers, and advisors.

Poor quality, weak, or amateur administration can doom a activity from the outset. Advisors who serve alone to pad their own resumes and who accept aside roles can be concerning. But abundant leadership, with accordant industry acquaintance and contacts, can accomplish the aberration amid a acknowledged and assisting ICO, and a flub.

If you don’t accept a aggregation accommodating and able to body the thing, it won’t amount who is at the helm. Good aptitude is adamantine to find. Developer profiles should be scrutinized to ensure that they accept a accurate history of alive in a acreage area they should be able to succeed.

Product

What is the technology abaft this ICO, what artefact are they creating, and is it new, innovative, altered – and needed?

The IOTA activity is a amazing archetype of engineers run amok. The technology declared or in use charge be maintainable, achievable, and realistic, contrarily the accident of it never advancing into actuality is abundantly high.

Token Utility

Tokens which accept no absolute use case are apparently the affliction off, although belief can still accomplish them accept some anatomy of value.

The best tokens we analysis are the ones that accept a affected use case – you charge accept this badge to comedy in some bold that you will apparently admiration to comedy in. The actual best account tokens are the ones which put the badge holder in the position of bartering tokens to businesses who would be able to finer accomplish use of the platforms in question.

Market

There doesn’t accept to be a bazaar in adjustment for an ICO to account able-bodied in this class – but if it intends to actualize one, the altercation has to be acutely compelling.

If there is an absolute market, questions actuality absorb whether it is accomplished for disruption, whether the technology enables article better, cheaper, or faster (for example) than absolute solutions, and whether the bazaar is historically acquiescent to new ideas.

Competition

Most account accept several implementations. If there are others in the aforementioned field, the analyst needs to ensure that the others don’t accept accessible advantages over the aggregation in question.

Moreover, this is the abode area the analyst should analyze any abeyant weaknesses in the company’s position affective forward. For instance, a axiological weakness in the STORJ arrangement is that the badge is not appropriate for purchasing storage.

Timing

With abounding ICO ideas, the timing may be too backward or too early. It’s important for the analyst to accede how abundant appeal there is for the artefact in question. While the IPO bang adjourned a lot of abundant account that eventually did appear to fruition, a acceptable analyst would admit back an abstraction is too early, too late, or aloof right.

Progress To Date

Some of the atomic acute ICO propositions are those that affirmation their founders will accomplish some abroad goal, ancient in the future, aloof so continued as they accept your banknote with which to do it.

More absorbing (usually) is the ICO that seeks to added some advance forth the aisle to success, and which has a clearly-identified roadmap with accessible and reasonable milestones forth the way. Founders who are already partially-invested in their articles are about added invested in their futures.

Community Support & Hype

Having a able association is one of the axiological architecture blocks of any able blockchain project. It is important that the activity demonstrates aboriginal on that it is able to accomplish and body a able and empowered abutment base.

The ICO exchange is acceptable added awash and added competitive. While in the accomplished it was abundant to alone advertise an offering, today’s acknowledged ICO’s assignment adamantine to body acquaintance and action about their offering.

Price & Token Distribution

One of the better factors belief any assay is price. The lower the amount the added there is to gain. But too low of a amount may aftereffect in an beneath capitalized project. It is accordingly important to appraise amount about to the alone project, its ability and the bazaar it is activity after.

The absolute accumulation of tokens should additionally be justified by the needs of the project. Issuing a billion tokens for no acumen will do cipher any good.

Communication

Communication is key. The success of a activity is acerb angry to the activity leaders’ adeptness to acquaint their goals and achievements.

Things don’t consistently go as planned but acclamation issues and befitting the association and investors in the bend can accomplish or breach a project.