Bitcoin Forum

I think your project is very interesting and promising. With the benefits in your project, I'm sure your project will be a great success ;)

Can you briefly explain what the main intent of this network?

Does this project have any coins or token? Can I invest in?

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.

Exchange digital currency to real objects are indeed the length of great potential is for the people who have a digital asset, this is very good because they can be easily exchanged his fingers crossed Universal Labs has a great future

Of course you can! You can Pre-Order The Ubbey Box or join our YOU Coin pre-sale. Minimum contribution - 1 ETH.
http://ulabs.technology/contribute_token

New projects managed by experienced and professional team, Ubbey Box can be used as personal cloud storage for individuals or companies.
With innovation Ubbey Box then later will many users who are interested and able to attract many investors.

So, is it the cloud technology, like Dropbox and Google Drive?

If I buy the Ubbey Box, which benefits will I get as a user?

Heard about your project. What is an Ubbey Box?

Bright idea to use Blockchain to store personal data. When do you plan to start your network?

Absolutely right. We create decentralised cloud storage network where you get total control of your files and do not worry about the privacy and security of your data.

The Ubbey Box is 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. 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.

First of all, 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.
The Ubbey Box is your own personal cloud storage where you can access from anywhere with lightning-fast performance and unparalleled convenience.
More importantly, the Ubbey Box acts as a full node (or connection point) for the Ubbey Network. Owning a Ubbey Box means you are part of the Ubbey Network.
The Ubbey Box is also used to mine for YOU Coins by connecting the storage space around you to the network as well as using its own storage space!

Thank you. Launch of the test network scheduled for October 2018. Details you can find in the road map on our site. http://ulabs.technology/

How wide your system can be used? Is your storage only for use on PCs and mobile devices?

As I know, the Bitcoin blockchain has some issues nowadays. In your opinion which are the main ones?

No, not only. Users can connect Ubbey Box with different devices, not limited to media players, gaming consoles and smart TVs. With the arrival of the Internet of Things, Ubbey box can also connect with various smart devices in the future.

Yes, the Bitcoin blockchain is currently experiencing some major issues. The Bitcoin blockchain produces a block every ten minutes, and it takes an hour or more to confirm a transaction. In addition, the proof-of-work (PoW) consensus algorithm requires a large amount of wasted computing power and electricity.  As blockchain technology moves beyond cryptocurrencies, the above challenges become serious limitations in widespread adoption of blockchain technology. Hence the need for a blockchain that is designed with real-world applications in mind, a blockchain that is democratic and fully decentralized, offers high computing performance, and protects data privacy.

So what makes you better than the competition? Especially Google and Dropbox are very strong and popular.

Why the digital identity is so important, and how Universal Labs can solve the issue with digital clones?

Decentralisation, my friend! :) Google is huge and mighty, but all data is stored almost in one place. What do you think will happen if the company's board is discordant and the stability of the system will collapse. It's in theory, but still it's possible.

this will change the way mining token or coin, using new methods, new tools, and easy connectivity to various devices
the equipment for mining is fairly cheap with a range of $200, this is a breakthrough in mining technology. great project!

Please describe briefly the ownership registration process.
Thank you!

Digital identity is critical to ownership transactions. It enables ways to interact with billions of users in the digital world. However, traditional identity systems are costly, disjointed and fallible. Digital identity is a growing issue in the digital economy. Even though there is only “one” physical person, digital clones often exist in data stored across the internet. To solve this issue, Universal Labs will at first collaborate with third parties such as blockchain digital ID service providers and then create a universal blockchain ID system to support all kinds of ownership transactions.

There are four steps for which any ownership registration process needs to follow:
1. An asset must be demonstrated to be valid
2. The ownership must be verified (the identity of an owner)
3. The asset must be unimpeachable
4. Register When this process is applied to blockchain registration, as mentioned above, for now a third party may be involved to set up the initial data when migrating to blockchain registration from existing off-blockchain technologies (no matter physical assets or virtual assets). Once the four processes have been completed, an ownership is generated on blockchain with the listed information:

http://dl3.joxi.net/drive/2018/06/26/0030/1562/1975834/34/7c20077157.png

When can I make a transfer after registered the asset?

What payments can I make with YOU coins?

Once an asset is registered with the OWP protocol on the Ubbey network, the transfer of ownership of asset between two unique IDs can be done immediately. It is as easy as transferring files over peer-to-peer network.

YOU coins are used for the payment of:
- creation and execution of smart contracts
- exchange of digital asset ownership
- storage of data
- retrieval recovery of data
- Ubbey Box The Proof-of-Storage consensus protocol reward users who provide storage capacity to the network with YOU coins.

What is the minimum invest? Is there any bonus in the crowdsale?

More details on the crowdsale will be released very soon!

Hi guy, I like your project! Where can I follow you in social media for more updates?

Hello, Universal Labs! Is it required to buy Ubbey Box in order to participate in Ico?

I just wonder to know: where is located Universal Labs?

Hi! Our social media channels:
Telegram Group: https://t.me/universallabs
Facebook: https://www.facebook.com/ulabstechnology/
Twitter: https://twitter.com/ulabstechnology
Reddit: https://www.reddit.com/r/universallabs/
Linkedin: https://www.linkedin.com/company/universallabs/

No, it's not a requirement to buy an Ubbey box to participate in this ICO. However we will give away Ubbey box to people who contribute more than a certain amount (amount will be confirmed soon.)

How else can the OWP protocol can be useful for its users?

I think, regardless of existing such giants as Google, alternative decentralised techlonogy will be in demand. Google or Dropbox are not the only one services which has storage function and many people use other services. And there is a place in this market for UL  :)

Universal Labs now based in Hong Kong, with manufacturing done in Shenzhen, mainland China.

Read about some Diffie system. How can you briefly describe the Diffie's account system?

Thats cute! Presentation of your product are flawless! But when do you you plan to start your main net? Would be great to see your product in action!

In short, the Diffie's account system is one of the core components of the entire system, responsible for data control within the Diffie System. Unlike the single-password single-account system used in general information systems, or the pure dual-account system (internal and external accounts) adopted by Ethereum, the Diffie account system implements a dual account multi-password verification model that supports authorized access control of the system’s data.

Not sure that it is so easy to compete with Google or Dropbox, but all of types of human activity nowadays find an blockchain alternative. So if U LABS will do their best, they will succeed!
Ulabs, wish you luck. I have a question, if you created your token based on Bitcoin, then it can be mined?

Greetings! I can’t understand what is Yo and how it used?

All computations carried out on the Ubbey network is subject to fees to prevent network abuse and to ensure the integrity of the consensus algorithm. The fees required for the transactions are specified in units of yo. Yo is used to pay the fees for all computations in the Ubbey network, including creating contracts, executing contracts, and conducting privacy preserving ownership exchange on the OWP. The specific amount of yo required for each computation depends on the type of the computation and the amount of system resources required to execute it.

We plan to launch of main net and complete integration of OWP protocol with Ubbey Box on December 2018. This ensure that key elements are in place so that Ubbey Network grows into a fully decentralised and autonomous system.

I am interested in the Diffie's account system. Is it a type of security system? Can you tell me about its components and how they work?

Great job you are doing. System looks complete. But how else can the OWP protocol can be useful for its users?

Look forward to! I intend to at least take advantage of ULABS system in my office. I want to try this product in practice. I hope blockchain advantages will help this system to become successful.

At Ulabs, we designed the OWP protocol to not only facilitate the exchange of ownership of digital assets such as data, images and tokens, but also for the ownership exchange of physical assets such as land, cars and luxury products.

Diffie's account system implements a dual account multipassword verification model that consists of four main components: the account lock system, account lock file, account lock interface, and client-side wallet. First, the account lock system grants authorization for transactions or data that need to be authorized. The account lock file is the data source that enables the account lock system. It consists of six variable groups, and serves as a unique ID: account system version, account authentication type, account public key, account private key, account expansion data, and operation sequence number. Client-side wallets are nodes in the OWP protocol, and is responsible for functionalities such as initiating data signing and creating and verifying transactions. The account lock interface is the communication interface between the account lock system and the client-side wallet, a framework for signature and encryption.

If I need more space on my Ubbey Box, is it possible to get it?

 When will the whitelist process close? And when will the crowdsale start? I want to invest in your project

https://t.me/universallabs

To get the accurate when this will happen you should have to join the official chat channel. As I know there is no announcement about the status of this crowdsale but only big companies can invest at the moment.

Thanks, that is very useful information!

Yeah, waiting for public sales. To buy their perspective token earlier, before it will be listed on some exchange. Want to see reaction of market on their token.

Love your product, but I had some questions I wanted answered if you can.
Is the crowdsale a lottery system of first come first serve?
Do you have a fixed crowdsale YOU token price?
Thank you :)

The whitelisting will close when it hits the limit.  The crowdsale dates will be released very soon, so do stay tuned for that on our social media:

https://www.facebook.com/ulabstechnology
https://t.me/universallabs
https://medium.com/universal-labs
https://www.reddit.com/r/universallabs
http://ulabs.technology/

Whitelisted participants will be able to participate and secure a place. Other than that it will be FCFS.
Yes we do, 1ETH = 100,000 YOU
Your Welcome :)

Which percent of coins on sale are for the crowd sale? And which total number of crowd sale coins?

 40% of the total token supply goes to the token sale events. 4 billion tokens

What will happens to any unsold token? And when do you plan to be listed on some exchanges?

Like your idea. May you publish specifications of Ubbey Box?

Unsold tokens will be put in the supply allocated for mining
We will be listed on xBrick.io, however the exact dates will not be announced due to regulations.

I want to know some technical details. Can you explain what is the purpose of The Diffie Engine?

My work is related to online marketing, and I am interested in such question: do you have any solution how to break the artificial “data wall” among different internet companies without the involvement of any third-party data providers?

The Diffie Engine is a platform for running decentralized privacy-preserving applications. The core purpose of the Diffie Engine is to enable multi-party collaborative computing while allowing all parties to retain full control over data ownership. The Diffie Engine integrates blockchain technology with cryptographic technologies such as zero-knowledge proof, homomorphic encryption, and secure multi-party computation to enable the rapid development and deployment of privacy-preserving smart contracts and decentralized data computation applications.

Yes, in order to break such “data wall”, Diffie provides one promising solution; a decentralized data trading center built with the OWP protocol. Data can be traded freely and directly between any two interested companies on this platform without having to worry about leaking data to the un-authorized party. As a result, the data privacy is automatically protected.

Another question! When bounty participants receive their tokens ?

Due to strong community interest in the full spec of Ubbey Box:

CPU: ARM Cortex-A53x4, clocked at 1.5GHZ
RAM: 2GB DDR
ROM: 16GB eMMC
DISK: SATA 3.0 interface
WIFI: 2.4GB 11n 2x2; 5G 11ac 22
USB: USB 3.0x1, USB2.0x1
OTHER: GbE Lan Port; BT4.0; DC 12V/2A Adapter


All will participants receive their tokens at the same time as everyone else, at the end of the token sale.

For sure! Great idea, that must be embodied. With their success we can secure our data from accidental fatal errors which could happen with huge systems' storages such as Google like.

Thanks! Quite useful and relevant information!
Also, I'd like to repeat recent question - if I need more space on your Ubbey, how can I get it?

Hi, team. Another question. What is the concept of Dabbs? What potential does it have? Can it replace or supplement existing business models?

The concept of decentralised apps (Dapps) is simple, they have to fulfil these 4 conditions:
1) Be Open Source & Autonomous Managed: It should have its code base open to scrutiny and have any changes decided by the majority of its users.
2) Stores Its Data Via The Blockchain: All records and data of the app are to be stored on a decentralised blockchain network to avoid consolidation at any one source.
30 Provide Incentives: Issuing cryptocurrencies (a store of value) or cryptographic tokens to validators of the blockchain.
4)Cryptographic Tokens Generated via A Protocol: Also known as an algorithm to show a proof of value.

Due to these 4 conditions and its automatic smart contracts execution capability (performing credible transactions without third parties), Dapps have the potential to replace many business models that currently operates under a centralised leadership — in Dapps, not even the developers can hold a single central influence over the platform or its users.

Yes of course you can get it. Users can use extra space in their Ubbey Box to secure their network through proof of storage consensus algorithm and rewarded for securing the network at the same time.

And what else can guarantee preserving the quality of data in your system?

Besides, the quality of data is also guaranteed as being the first party data, which follows standard formats with completed meta data information and contents. Last but not the least, the data trading platform would serve as a fair market. The price of data would only be determined by the demand and supply relationship, neither the buyer nor the seller alone. In summary, with the OWP protocol, the artificial “data wall” could be potentially overcome, leading to another transformative change in the field of marketing towards the post BIG DATA era.

Hello there, ULABS. Does the StampCustomer application can be used on iOS and Android as well?

‼️ NEW Ulabs Members - PLEASE READ ‼️

✅Our public sale is starting in less than 3 days, countdown timer is up on website

✅Whitelist and KYC for public sale is still open for NOW➡️http://ulabs.technology/contribute_token

✅Please read the official guide for Universal Labs Public Sale ➡️https://medium.com/universal-labs/official-step-by-step-guide-for-universal-labs-public-sale-59aeeb532cb0

✅Only successfully whitelisted participants can participate in the public sale.

✅You can check your whitelist status at https://ulabs.tech/check_kyc_data.

Summary

   ✅ Public Sale Start Date: 01:00 AM (GMT) July 6th, 2018
   ✅ Public Sale End Date: ends at 01:00 AM (GMT) July 9th, 2018
   ✅Public Sale Cap: 2,000 ETH
   ✅Ratio — 1ETH: 50,000 YOU
   ✅Min Allocation: 1 ETH
   ✅ Max Allocation: No limit
   ✅Tokens will be sent to the participant’s sending address after successful ETH contribution within 2 weeks after public sale ends
   ✅Recommended gas price: check https://ethgasstation.info/
   ✅Recommended gas limit: as recommended by MEW or Metamask

Reminders:

    ✅Do not send your ETH from exchanges
    ✅Only use wallets where you have access to the private keys (MyEtherWallet, MetaMask, Ledger Nano S…)

WARNING — PLEASE BE CAREFUL

There are many scammers out there trying to imitate the Universal Labs team. Please take note that no member of the team will contact you and would not ask for any ETH from you directly. The only official information sources are as follow:

✅Website: https://ulabs.tech
✅Email Address: support@ulabs.technology; token@ulabs.technology

This application will need to be distributed on the two most popular mobile operating systems, iOS & Android. The achieve this, we will use the Titanium platform to write one codebase, rather than writing separate native code for each platform. We will write the code in html 5, css and javascript using the Titanium framework to access the native API functionality such as NFC support for each platform, respectively.

I’ve read about possible use the Diffie System in many areas. How it can be used, for example in health care data?

Recently I have read in one article that ‘StampCustomer also allows customers to digitally “own” products’. How it possible?

Thanks, guys! You're doing great job! Wish you luck! Can not wait the public sale start.
Also, I saw some examples of scammers in your Telegram channel. Hate that people, who playing dirty and try earning money on people's trust.

With the migration of medical data from paper records to electronic records since 2008, medical institutions and patients have accumulated a wealth of health care data. As data continues to accumulate, it becomes increasingly imperative that this data be analyzed and shared in order to improve health care services. This trend is resulting from a few major developments (patients are demanding a better and more individualized end-to-end health care experience; the low-hanging fruits in pharmaceutical R&D are gone; patient concerns over data security and personal data privacy are increasing). In response to the above challenges, Diffie System provides a revolutionary solution.

The mobile application will provide a user interface that prompts users for registration. The UI will collect the name, email address, and password of the user. After this information is entered, it is sent to the  StampCheck server as part of the ‘registration’ REST API request using HTTPS. Subsequent user logins from the mobile application will be transparent to user and will send the email address/password as part of the ‘customer account’ REST API to the StampCheck server over HTTPS. The mobile application will then display the data returned by the ‘account’ REST API within an ‘account’ user interface.

And how do you think it will look on the example of pharmaceutical developments?

I'm sure that this project will help a lot of people all over the World. Is this project from Bahamas?

Thank you!
No, project ULABS is based in Hong Kong, with team members from Shen Zhen, Singapore and the United States.

Take the case of a pharmaceutical company that is developing a new drug and in need of patient data for clinical trials. Under the current regime, the cost of doing so is high, not least because patients have concerns over their privacy and the security of their data. With guaranteed privacy and data security as well as autonomous control over their data, patients will be a lot more likely to share/sell their data to the pharmaceutical company. The smart contract can also simultaneously handle the payment attached to the sale of the patient’s data. This pharmaceutical company is thus able to obtain the data that it needs at a much lower cost, from both a financial and non-financial perspective. This is a win-win situation in which the pharmaceutical company increased the efficiency of drug development by acquiring valuable patient data and the patient earned an income from their data without sacrificing privacy.

Hi ULABS! Does private sale end? And may you give some add information about last phase of your project?

Same type of system can be used in (e.g.) car rental, pharmacies, scientific developments or decentralized libraries, can't it?

Can someone tell me the exact date for the airdrop distribution? When all things are gonna happen?

What's your market target, like who are you targeting in regards to selling that $200 device? I understand that it is a more secure cloud storage, but most of regular people are satisfied with let's say dropbox, and besides that they can get a nice big external hard disk for that money?

Yes, private sales and presales have ended.


 Check out main information:

We will be updating our roadmap along the way so more details will come as we progress.

Dropbox and our Ubbey Box both can target a similar crowd audience. However we believe that by tapping into the usage of blockchain, it ensure our users have their file and storage secured and private.

We are also different as Ubbey Box is the first decentralized personal cloud powered by blockchain. It has 2 functions: firstly, it can be used as a private dropbox - users can upload their files or other content using their Ubbey Box and access it from everywhere. Secondly, it can also be used as a mining machine to mine YOU token, which will be rewarded to users when they contribute their storage space to the Ubbey network.

Yeah, boys!!! Private sale in two days! I'm glad that i finally can involve in that terrific project!

Hello, Universal Labs. I'm kinda lazy to read all that thread. May you describe your project in two words?

Good day, james. Sure :)
We are building the world’s decentralised cloud storage network where you get total control of your files while enjoying rock-bottom pricing tied together with personal ownership, maximum privacy and enterprise-grade security.
With our decentralised global cloud storage network, enjoy highly affordable prices when you store your files in the network - saving up to 90% of storage cost compared to options including Dropbox and Amazon Web Services.
Share your storage space with the network and earn YOU Coins, our cryptocurrency that can be used to pay for services within the network or cashed out for real-world dollars.

a

I really agree with the website and your opinion. this project will grow and its currency will be liked by many people if the project is really successful

Totally agree with you, guys! One more question for Ulabs - Do you have any bounty campaign for Ulabs?

How can I take a part in the crowdsale?

i have a huge doubts, how can small company with their small boxes, even integrated with blockchain, can survive in the world of big dudes with big data centers, huge infrastructure and pockets full of billions of money. Which they won't never give away!

You re the real MVP, guys! Doing great job! The ability to share data almost immediately also as important as doing immediate transactions without banks and fiat!

We hosted our bounty campaign on Bounty0x, however it has ended.

Hi there, please refer to our public sale guide https://medium.com/universal-labs/official-step-by-step-guide-for-universal-labs-public-sale-59aeeb532cb0

Thank you, we appreciate that! Your support is very important for us.

C'mon, dude! What are u talking bout? Huge corporations can't control and occupy all the market of data storing. Also, there is no other project based on blockchain yet, so like pioneers, ULabs have a good chance!

Thanks for respond! You know what? Your system will be great alternative to popular, large, messy and chaotic cloud services. And also, possibility to make money while sharing unused storage space is great!

When your tokens will be unlocked? And was the lock up period for pre-sale investors?

When and on which exchange you are going to be listed? Or you can't talk about that?

Our pre-sale investors have no lock up, however their tokens are pegged at a higher rate.

About exchange, exact dates we can’t comment, however, we will definitely be listed on xBrick.io. The team is in talks with a few more.

What was the pegged rate?

It was around $600USD for the pre-sale investors. Our private sale has a long lock up, presale allocation was only 3000 eth out of our hardcap of 40,000 eth. It was a small allocation during presale. We sold a majority during private sale and recently a few more strategic investors came onboard to our project. There is a lock up for them to ensure they are here with us for the long term, hence it might not be what you perceive it to be, as the most of our private investors are with us on a long term basis.

Glad that public sales will start so soon! I have a couple of question. When token will be issued? And is there a quota for investment?

Looking for minuses and disadvantages is useful, but we don't need fatalism. Ulabs doing good, wish them luck. I wonder, can I pre-order Ubbey Box now?

Stay tuned until july 7th. We have big announcement. Min 0.5 ETH and Max is 20 ETH.
Check out a pinned message on Telegram and earlier post in this thread.

Thank you for your support. Sure, you can! You can do it here: http://ulabs.technology/pre-order

Hello. Are there any countries restricted to participate to the your public sale?

In the public sale guide, is written that the public sale cap is 2000 ETH. Is that true?

Hello community! What do you think, is it worth buying ulabs tokens?

Deffenetely worth it! Very perspective project!
P.S.: I do not want to spread rumors, but I read in public chat some guy's post, that this tokens can rise several times.

Yes! That is correct.

 Check out main information:

Hello. We don't allow USA or Chinese citizens to participate in our public sale.

Rumors is a total sh#t. But anyway project has a great possibilities! (I won't say, "has a great future", because I cant see the fufture ;) )

Agree. Crypto market is young and hyperactive, and it can be manipulated  by news and even talks in social media! It's good  to hope of better future for project you invest in, but we should be realists.

So bad, that I missed the pre-sale on xBrick. Deffinetely will take a part in public-sales, I don't want to miss chance another one time! Thanks for detailed instruction: https://medium.com/universal-labs/official-step-by-step-guide-for-universal-labs-public-sale-59aeeb532cb0

So bad, that I missed the pre-sale on xBrick. Deffinetely will take a part in public-sales, I don't want to miss chance another one time! Thanks for detailed instruction: https://medium.com/universal-labs/official-step-by-step-guide-for-universal-labs-public-sale-59aeeb532cb0

(Sorry for double click. I will delete it tomorrow)

Just a question, as you are not using smart contract, what will happen if investors sent more than 2000 ETH? The extra will be reject automatic or later?

If hardcap 40000ETH and public dale is about 2000ETH, won’t there be a gas war with only 2000 ETH? No personal cap?

How can I know if my contribution is accepted or not? Do I need to wait after refund finish?

We will refund the extra contribution


Your welcome! Have you whitelisted for the crowdsale though?

There is no personal cap for now and we don't foresee a gas war

According to the order of contribution, if you contribute after we reach 2,000 ETH, we will refund all the contribution afterwards. We will also announce when we reach our hardcap

So the rest 38,000 ETH is commited by investment firms, right?

I heard about your partnership with Kepler Capital. Glad, that you're moving forward. May you tell more about that?

Not exactly. 3,000 ETH allocation was done in the pre-sale round on xBrick.io. The rest were strategic investments by various organisations and even individuals that supported us in the early stages.

Anyway! 35,000 ETH by firms! That is awesome!

Not all by firms though, some are individuals, etc.

‼️ Attention Ulabs Members - PLEASE READ ‼️

✅Our public sale officially started 10 minutes ago, do  use the check KYC status button to find out the ETH address to contribute， the recommended gas price according to  https://ethgasstation.info/ is 57 Gwei
✅Please read the official guide for Universal Labs Public Sale ➡️https://medium.com/universal-labs/official-step-by-step-guide-for-universal-labs-public-sale-59aeeb532cb0
✅Only successfully whitelisted participants can participate in the public sale.
✅You can check your whitelist status at https://ulabs.tech/check_kyc_data.

Summary:
   ✅ Public Sale Start Date: 01:00 AM (GMT) July 6th, 2018
   ✅ Public Sale End Date: ends at 01:00 AM (GMT) July 9th, 2018
   ✅Public Sale Cap: 2,000 ETH
   ✅Ratio — 1ETH: 50,000 YOU
   ✅Min Allocation: 1 ETH
   ✅ Max Allocation: No limit
   ✅Tokens will be sent to the participant’s sending address after successful ETH contribution within 2 weeks after public sale ends
   ✅Recommended gas price: check https://ethgasstation.info/
   ✅Recommended gas limit: as recommended by MEW or Metamask

Reminders:
    ✅Do not send your ETH from exchanges
    ✅Only use wallets where you have access to the private keys (MyEtherWallet, MetaMask, Ledger Nano S…)

WARNING — PLEASE BE CAREFUL

There are many scammers out there trying to imitate the Universal Labs team. Please take note that no member of the team will not contact you and would not ask for any ETH from you directly. The only official information sources are as follow:
✅Website: https://ulabs.tech
✅Email Address: support@ulabs.technology; token@ulabs.technology

The crowdsale has officially started about 5 mins ago! Whitelisted contributors are allowed to take part in the crowdsale, so do log in to contribute! The official step by step guide is available here:

https://medium.com/universal-labs/official-step-by-step-guide-for-universal-labs-public-sale-59aeeb532cb0

Yo, guys. When will tokens be released?

Can you tell me how many ubbey boxes have been sold?

Very important question! What should be the gas limit during the transfer of ETH?

Tokens will be distributed within 14 days after the end of the crowdsale.

Our first batch of Ubbey Boxes have been fully pre-ordered. We are looking to fill the second batch of pre-orders soon!

As per recommended by MEW or Metamask, 21000 should work ok.

And how many is that? May you say exact quantity :)

1,000 units per batch.

Ethereum network is pretty congested at the moment so you need a high gas price to get it through, check eth gas station for recommended gas price

How can I see how many tokens sold and how many left?

We have about 100ETH allocation left for the entire sale.

I think this project can have few partners from some other projects available here to build a consortium it will sure make huge success for all of participants ;-)
During what time your token will be presented on the exchange for bidding?

Can I still invest in this project?

Dear community,

We are thrilled to announce that we’ve successfully completed the public sale in less than 1 day! We are overwhelmed by the support, warmth, and interest in the Universal Labs that you have shown to us.
The funding process is only just the beginning of our journey and mission of bringing mainstream adoption of blockchain technology to the masses.

The YOU Token public sale has ended successfully with 2000 ETH worth of allocation fully filled. We are glad to be receive more whitelist applications than expected and all the positive feedback from the community. This inspired us to focus on executing our vision — to build Ubbey Boxes as one of the killer app blockchain product that enables everyone to better understand the blockchain technology.

We want to say thank you to our community members who have supported us and participated in the public sale. Universal Labs is now well-equipped to realize our vision to bring a decentralized cloud storage to the world with your support and contribution,

https://medium.com/@pr_52730/universal-labs-public-sale-have-successfully-completed-6c144ab53947

When you are gonna hit the exchanges?!

When will you be sending confirmation emails for people who managed to pre order 1st batch Ubbey Boxes?

When can I buy tokens now?

Our public sale has ended already! We have more interesting announcements coming up so do stay tuned!

Our crowdsale has successfully concluded. You only can purchase our tokens once it’s listed.

Yes we will, confirmation and delivery details will be sent to those who have pre ordered.

We can’t announce it due to legal reasons, but we do have exchanges lined up!

When will the token be distributed?

Do you know when this email will be sent out?

Well, the team and idea looks good. But you are not the first in this niche. Storj project existing more than year already. Do you have any advantages before them?

Who should I contact regarding a partnership proposal?

What is Storj? Tell us more!

Hey there, what is this proposal regarding? We thank you for your offer, but at the moment we do not entertain paid marketing/promotion.

Not yet, we will release more details in the near future.

Okay, no worries. Let me know if you guys change your mind.

Will crypto could become mainstream in payment in the future? How do you think guys?

I heard Hofan Venture becomes an investor of UniLabs. Is it true? May you tell as more about that?

Hello ulabs! I have a question! How will it take to get KYC checked ?

Welcome new members! Do check out our Universal Labs Ubbey Box Introduction video:
https://youtu.be/LAB1l-Cl0zQ

The KYC documents have been processed, and the crowdsale is over.

Yes, it is true. We are excited to announce that Hofan Venture has become a strategic investor!
Hofan Venture has become a strategic investor in Universal Labs!
Hofan Venture will partner with Universal Labs to realize the vision of enabling the ownership exchange of digital assets and advanc the mass adoption of decentralized cloud storage solution.

With such volatility no chance. But I, personaly, wait changes with the institutional money

What Hofan Venture is? Never heard about it.

Absolutely agree! With such unstability there is no such coin that can be suitable used like casual money. If talk about stable coins, we meet a centralization question. Centralization is a main danger for cryptocurrency.

Founded in 2013 and headquartered in Shenzhen, Hofan Venture is an early-stage investment company focusing on innovative consumer services, media/cultural creativity, corporate services, intelligence hardware, and retail/logistics warehousing sectors. Hofan Venture has unique insights in the new consumer industry chain. The investment team has extensive experience in retail distribution channel, marketing, supply chain, e-commerce and consulting, and is committed to helping innovative projects grow rapidly on a global scale, to realize the value of China’s innovation.

Storj is an open source, decentralized file storage solution. It uses encryption, file sharding, and a blockchain-based hash table to store files on a peer-to-peer network. Seems really common to UniLabs. What is the difference?

And how will this partnership help ULABS develop? What do you get useful?

I heard Kepler Capital and FinBit Capital also became investors of Ulabs? What do you expect from this partnership?

Within 14 days after the crowdsale.

Based on the strong background of Hofan Group and its early investment in global intelligent hardware and mobile Internet industry. Hofan Venture has cooperated with well-known domestic enterprises and set up three funds: The Silk Road Fund, jointly launched with TCL and Yinxinggu Capital that mainly invest in intelligent hardware, Internet and cross-border e-commerce, providing eco-services for the entire industry; The Qianfang Youwei Fund co-sponsored by the Guangdong E-Business Association, focusing on overseas e-commerce platform, mobile Internet for small and medium-sized cross-border e-commerce growth services; and the Internet of Things Fund which jointly launched with Chongqing Yiyi Foundation, focusing on the “individual consumption sector” investment in the Internet of Things.

Yes, thats true. Kepler Capital is the first venture capital company in Tokyo focusing on blockchain technology related companies investment, which aims to discover and nurture companies that can lead human progress and civilization. By providing support for blockchain related start-ups and promoting the development of blockchain economic science, Kepler Capital wants to bring more transparency, higher efficiency and a safer environment to the global economy. With Kepler Capital’s many years of experience in finance, Internet and blockchain industry, this vision will become a reality....

FinBit Capital focuses on digital currency hedge arbitrage and investment in blockchain related projects. Team members have worked for known blockchain companies such as Huobi, Metaverse, and 36Kr.
With years of investment analysis experience, FinBit Capital’s hedge arbitrage products maintain a return rate of over 100% for five consecutive years. The average annual income of the combined product is 4598%.
The FinBit rating model created by FinBit Capital is to provide professional consulting services including blockchain industry research, industrial research, investment research sectors.

As far as we're concerned, the cryptocurrency and blockchain market is large enough, so different companies with similar product can effectively coexist and work for their customers and token holders.

Hey admins! What's new? And what is the ticker of your token?

Why is there already a YOU coin listed on OKEX?

How your token will be used anyway? What is it for?

We are thrilled to announce that we’ve successfully completed the public sale in less than 1 day! We are overwhelmed by the support, warmth, and interest in the Universal Labs that you have shown to us.
The funding process is only just the beginning of our journey and mission of bringing mainstream adoption of blockchain technology to the masses.
The YOU Token public sale has ended successfully with 2000 ETH worth of allocation fully filled. We are glad to be receive more whitelist applications than expected and all the positive feedback from the community. This inspired us to focus on executing our vision — to build Ubbey Boxes as one of the killer app blockchain product that enables everyone to better understand the blockchain technology.
We want to say thank you to our community members who have supported us and participated in the public sale. Universal Labs is now well-equipped to realize our vision to bring a decentralized cloud storage to the world with your support and contribution.

If you got etherscan, we owns the YOU ticker

That isn’t our token. We have yet to distribute our tokens.

Obviously, seeing as I mentioned who it was. Point is, are you sticking with YOU symbol?

And how much did you raise in USD or ETH in this project?

Hello fellows! I hope that the business will carry out all that has been planned.

I'm interested, do you have any open github code ?

Yes we are, if we were to be listed on OKEX, there will be a separate arrangement.

We raised a total of 40,000 ETH.

Our Github is private right now.

When the next batch of ubbey box will be distributed?

How many tokens will be created?

Our tokens are the fuel of our ecosystem in the Ubbey Network. Additionally, the Ubbey boxes also allows for mining of the YOU token.

A total supply of 10B YOU tokens

We are currently still taking orders for the second batch of pre-orders on our website here:
https://ulabs.tech

I have already preorder it long long time ago!  Even before the presale started!

You mean you token makes the ubbey network work?

Where can I find a detailed whitepaper? I want to learn the issue more properly.

Here you go: https://ulabs.tech/images/Universal-Labs-WhitePaper.pdf

That’s great to hear! You’ll hear from us soon!

There are different as Ubbey Box is the first decentralized personal cloud powered by blockchain. It has 2 functions: firstly, it can be used as a private dropbox - users can upload their files or other content using their Ubbey Box and access it from everywhere. Secondly, it can also be used as a mining machine to mine YOU token, which will be rewarded to users when they contribute their storage space to the Ubbey network.

Is there some official review on your UbbeyBox?

What do you mean "You’ll hear from us soon!"?

Check out our unboxing video where Keda, our Founder introduces the actual product? You can check it out here:
https://youtu.be/0lKMVegXSgY

The details about the first batch will be released soon!

Where you guys shipping Uboxes from? Is Russia allowed to ship to?

Hi! heard about your crowdsale. May you help me find a link to a whitelist?

Hello, do Universal Labs still have bounty program?

Our bounty campaign that was hosted on Bounty0x.io, has ended some time ago. We also recently concluded our crowdsale.

Russians are allowed, we only restrict US citizens and Chinese citizens. However, our crowdsale is over!

The whitelisting has ended, our crowdsale has concluded, do check out our Medium article here:
https://medium.com/@pr_52730/universal-labs-public-sale-have-successfully-completed-6c144ab53947

I found cool video, about Ubbey Box on Fox Business youtube channel! Check it out guys! It’s called “Ubbey Box can kill Dropbox, Apple”. What do you think about that?!
https://youtu.be/gak31SiQRNI

Wow! If such respectable channel interested in ubbey box, UniLabs definitely worth to invest in and watching for progress!

Bitcoin is like a god for cryptocurrencies, but also, Bitcoin blockchain has some problems. Which are the main one, what do you think, and how they can be solved in your project?

Can your system be used for other systems, except PCs and mobile devices? ? Is your storage universal? (Like yor labs  ;) )

We are glad that we manage to attract such advertising for the project! We hope this will really help us.

Sure it can! Users can connect Ubbey Box with different devices, not limited to media players, gaming consoles and smart TVs. With the arrival of the Internet of Things, Ubbey box can also connect with various smart devices in the future.

You are right. Bitcoin blockchain is currently experiencing some major issues. The Bitcoin blockchain produces a block every ten minutes, and it takes an hour or more to confirm a transaction. In addition, the proof-of-work (PoW) consensus algorithm requires a large amount of wasted computing power and electricity.  As blockchain technology moves beyond cryptocurrencies, the above challenges become serious limitations in widespread adoption of blockchain technology. Hence the need for a blockchain that is designed with real-world applications in mind, a blockchain that is democratic and fully decentralized, offers high computing performance, and protects data privacy.

Why do you think the digital identity is so important?  Will ULabs solve the issue with digital copies somehow?

Hi there! What is the latest update news about token sales?

Friend, Universal Labs public sale have successfully completed! Also, you can refer to this https://medium.com/@pr_52730/universal-labs-public-sale-have-successfully-completed-6c144ab53947

Yes, we are thrilled to announce that we’ve successfully completed the public sale in less than 1 day! We are overwhelmed by the support, warmth, and interest in the Universal Labs that you have shown to us. The funding process is only just the beginning of our journey and mission of bringing mainstream adoption of blockchain technology to the masses.

Digital identity is critical to ownership transactions. It enables ways to interact with billions of users in the digital world. However, traditional identity systems are costly, disjointed and fallible. Digital identity is a growing issue in the digital economy. Even though there is only “one” physical person, digital clones often exist in data stored across the internet. To solve this issue, Universal Labs will at first collaborate with third parties such as blockchain digital ID service providers and then create a universal blockchain ID system to support all kinds of ownership transactions.

I read a mention about some "yo". May you explain what is this means?

Who is Vence Zhou? What is he doing for Ulabs?

Finally, guys, when all tokens will be distributed? Why so long?

All computations carried out on the Ubbey network is subject to fees to prevent network abuse and to ensure the integrity of the consensus algorithm. The fees required for the transactions are specified in units of yo. Yo is used to pay the fees for all computations in the Ubbey network, including creating contracts, executing contracts, and conducting privacy preserving ownership exchange on the OWP. The specific amount of yo required for each computation depends on the type of the computation and the amount of system resources required to execute it.

He is a full stack developer with deep expertise in computer science.

Tokens are distributed manually, however distribution will take place within 14 days after the end of the crowdsale. We have more announcements regarding the crowdsale coming soon.

What professional experience he has? 

What is OWP? Can you explain?

Is there still any airdrop of your tokens?

He graduated from Tsinghua University and worked at Tencent as a system architect. He has deep knowledge of Web development security, Node full stack development and hybrid development frameworks. His software development projects include Tencent Weibo platform, mobile QQ gaming platform, and Tencent mobile gaming. Wenshuo has published 2 papers in international publications and got 5 patents.

`Ownership Protocol (OWP) 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

Sorry, there is no airdrops right now. We have also recently concluded our crowdsale, so stay tuned!

Hi. When the project distribute the token, the information of ETH contract address will be announced beforehand?

Hi admins. I have a question for Ubbey Box. I signed up for the Ubbey Box and complete the confirmation, but I did not receive any email relate to payment. I heard that all the pre-order were sold. I want to know if I have been include the pre-order list?

hello, It seems that the private key of mew that was supposed to receive you token was leaked. Can I change my address before I receive it?

Please send an email to support@ulabs.technology

Yes, there will be an email or announcement for all selected pre-orders pretty soon, so stay tuned as well!

Yes, so do stay tuned for more announcements to come!

I heard you hired Simon Luk from ABC as an advisor, don’t you?

Can anyone tell me is this project popular in South Korea? Do they plan to develop there?

Yes, that is true. He is the founder & CEO of Asia Block Capital, an investment company focused on investing in the most promising technologies within the Blockchain and digital asset space. He is also an independent director to two listed company in Hong Kong. Simon is a licensed Fund Manager in Hong Kong. He has over 20 years of experience in asset management and investment both in Hong Kong and China.

It seems to me that the project will not have a scaling problem. The project is very useful for the community, which means it will be in high demand among users. What is the minimum amount of participation?

They closed a public sale. Now you can participate only when they listed on crypto exchange.

Can't wait! I worry that it will be huge pump of YOU coin, but then money hunters will leave and Unilabs will work good.

I think Universal Labs' boxes will be popular all over the world. There are only ~10% of all world population are acting in crypto industry. I think they will accept ulab project warmly.

ICO is over? What's next? What plans?

Just another type of flash cards of hard drives? Why is Universal Labs unique?

Universal Labs is unique in that it aims to disrupt cloud storage by introducing a decentralized, private, blockchain-based solution with native cryptocurrency to handle all internal processes and with a unique piece of hardware manufactured by the company itself which only allows local permissioned devices to connect, greatly reducing the risk of hacking while reducing costs significantly as well and enabling users to actually earn money by participating. The projcet also seeks to improve upon first generation cryptocurrency networks that now suffer major scaling issues by focusing on a storage-solution network from the outset allowing users to share storage space as needed.

Goddamn! Really ??? Missed! And how much money they collected?

Yes, ICO is successfully over. The YOU Token public sale has ended successfully with 2000 ETH worth of allocation fully filled. We are glad to be receive more whitelist applications than expected and all the positive feedback from the community. This inspired us to focus on executing our vision — to build Ubbey Boxes as one of the killer app blockchain product that enables everyone to better understand the blockchain technology.

They collected enough to shot down the market of centralized data storage! :)
P.s i'm joking, of course. but project has a very good start.

The next step is to be listed on cryptoexchange. Universal Labs is now well-equipped to realize our vision to bring a decentralized cloud storage to the world with your support and contribution.

Seems good project.
Aesthetic vision, excellence plan.

Am I right, if I buy your Box, I will be able to mine 'YOU's ??

Not certainly in that way. The 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. 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.

Can you be more specific about Ubbey Network? What is it made of?

Yeah, I saw it too! What is this?! A fake or a scammer?

The two main components of the Ubbey network are the Ownership (OWP) protocol and the Ubbey Box:

· The OWP protocol enables P2P ownership exchange on the Ubbey network and facilitates the exchange of assets between the physical and virtual world. It is also used for creating decentralized applications (dApps) on the Ubbey network.
· The Ubbey Box is the world’s first personal cloud storage built on the blockchain. It’s a physical drive acting as a full node — connection point to the Ubbey network blockchain. It can also be used for a process very similar to Proof of Work mining thanks to the storage sharing concept developed by the company.

Maybeb it's something else. Ulab still didn't list their token anywhere.

Can you describe briefly the ownership registration process?

There are four steps for which any ownership registration process needs to follow:
1. An asset must be demonstrated to be valid
2. The ownership must be verified (the identity of an owner)
3. The asset must be unimpeachable
4. Register

When this process is applied to blockchain registration, as mentioned above, for now a third party may be involved to set up the initial data when migrating to blockchain registration from existing off-blockchain technologies (no matter physical assets or virtual assets). Once the four processes have been completed, an ownership is generated on blockchain with the listed information

They will be listed on xBrick.io. This is some other token, similar ticker. Am I right?

That isn’t our token. We haven't yet distributed our tokens. Yes. You're right, we will be listed on xBrick.io, more exchanges will come as time comes so stay tuned!

I got your mail. When can I get the product? What's the next step?

Welcome in all! Do check out the pinned message for updates on our crowdsale! Additionally, for those newcomers, please do check out this infographics on Universal Labs!

https://www.youtube.com/watch?v=Xl3CqcofnZw

Nice! More updates will come regarding distribution of the Ubbey Box!

So, you will deliver first Ubbey Boxes soon?

Yes! The pre sale of second batch is ongoing, man! http://ulabs.technology/pre-order

Waiting for distribution. I will send you a box mail later.

Yes, that is right, more information will be released soon!

What is the concept of Dapps and what potential use can be?

The concept of decentralised apps is simple, they have to fulfil these 4 conditions:
1) Be Open Source & Autonomous Managed: It should have its code base open to scrutiny and have any changes decided by the majority of its users.
2) Stores Its Data Via The Blockchain: All records and data of the app are to be stored on a decentralised blockchain network to avoid consolidation at any one source.
3) Provide Incentives: Issuing cryptocurrencies (a store of value) or cryptographic tokens to validators of the blockchain.
4) Cryptographic Tokens Generated via A Protocol: Also known as an algorithm to show a proof of value.

Hello! What exactly you want to know about our token?

All computations carried out on the Ubbey network is subject to fees to prevent network abuse and to ensure the integrity of the consensus algorithm. The fees required for the transactions are specified in units of yo. Yo is used to pay the
fees for all computations in the Ubbey network, including creating contracts, executing contracts, and conducting privacypreserving ownership exchange on the OWP. The specific amount of yo required for each computation depends on the type of the computation and the amount of system resources required to execute it. YOU tokens are used to purchase the yo used to conduct computations, so the yo price is quoted in the number of YOU coins. The yo price will fluctuate based on the amount of transactions on the network and the amount of system resources that are available.
YOU tokens can also be used as the payment for sharing storage. Since we create a decentralized storage service, we will let all Ubbey network nodes to share profits from the decentralized storage service.
In short, YOU coins are used for the payment of:
- Creation and execution of smart contracts
- Exchange of digital asset ownership
- Storage of data
- Retrieval recovery of data

And due to this dapps has a potential to replace many business models that currently operates under a centralised leadership?

How else can the OWP protocol can be useful?

Yes, due to these 4 conditions and its automatic smart contracts execution capability (performing credible transactions without third parties), Dapps have the potential to replace many business models that currently operates under a centralised leadership — in Dapps, not even the developers can hold a single central influence over the platform or its users.

At Ulabs, we designed the OWP protocol to not only facilitate the exchange of ownership of digital assets such as data, images and tokens, but also for the ownership exchange of physical assets such as land, cars and luxury products.

Hello! I saw on your sites two option of Ubbey Box - 1 and 2 Tb. what if I need more space on my Ubbey Box, is it possible to get it?

hey, guy! I have read an article that said that "StampCustomer" allows customers to digitally “own” products. Can you explain how it possible?

Yes of course. Users can use extra space in their Ubbey Box to secure their network through proof of storage consensus algorithm and rewarded for securing the network at the same time.

The mobile application will provide a user interface that prompts users for registration. The UI will collect the name, email address, and password of the user. After this information is entered, it is sent to the (4) StampCheck server as part of the ‘registration’ REST API request using HTTPS. Subsequent user logins from the mobile application will be transparent to user and will send the email address/password as part of the ‘customer account’ REST API to the StampCheck server over HTTPS. The mobile application will then display the data returned by the ‘account’ REST API within an ‘account’ user interface.

Can I use the StampCustomer application on iOS and Android?

This application will need to be distributed on the two most popular mobile operating systems, iOS & Android. The achieve this, we will use the Titanium platform to write one codebase, rather than writing separate native code for each platform. We will write the code in html 5, css and javascript using the Titanium framework to access the native API functionality such as NFC support for each platform, respectively.

I suppose it's a very nice project!
Really great design, interesting logo!  Good luck all!

Yeah! That's great news to hear! Partnership with such respectable company like Kepler Capital will have a positive impact on development of Ulabs

How's everyone doing? World Cup is over and market started going up! Correlation?

When will You tokens be distributed on bounty0x?!

It will only be distributed after the conclusion of ICO!

I have registered in the white list and would like to participate in the first offer process. Is it an explanation because I did not receive anything on the email and did the process of participation in the initial offer have ended? Has the full supply already been sold?

Hey, the ICO has ended. Sorry about it! Do stay tuned in this channel for more information on the crowdsale!

Thank you for your support! We really appreciate that!

Your coins will be distributed soon. What payments can we make with YOU coins?

And will I be rewarded for sharing storage with YOU coins?

Yes you will. Ubbey Box The Proof-of-Storage consensus protocol reward users who provide storage capacity to the network with YOU coins.

Also,  YOU coins are used for the payment of creation and execution of smart contracts, exchange of digital asset ownership, storage of data and retrieval recovery of data.

Let's suppose, If you token raise up to, for example, $0,1 and I will buy Ubbey Box for $250 and won't use my storage space, I can share it and earn money? :)

I think we should wait till fall. Summer is a sleepy period for financial markets. Some coins are flat now like a floor.

In theory such method is possible.

If you take a part in ICO and then YOU will raise to $0,1 you needn't any Ubbeys!  :D

Or you may buy several Ubbey Boxes and to mine YOUs. Its like a lazy miner for lazy crypto enthusiasts

I read about the Diffie's account system and heard you use it. Can you explain what is it?

In short, the Diffie's account system is one of the core components of the entire system, responsible for data control within the Diffie System.

 Unlike the single-password single-account system used in general information systems, or the pure dual-account system (internal and external accounts) adopted by Ethereum, the Diffie account system implements a dual account multi-password verification model that supports authorized access control of the system’s data.

And what is it made of? What are components?

Diffie's account system implements a dual account multipassword verification model that consists of four main components: the account lock system, account lock file, account lock interface, and client-side wallet.

when can we order the next batch of ubbey box?

When will the token be issued?

When is bounty distribution commencing?

We will distribute our tokens within 14 days after the end of the crowdsale!

Thank you! Check out this article written by Huobi’s Global Writer
https://medium.com/@LindaCrypto/ulabs-disrupting-the-cloud-storage-industry-with-the-ubbey-box-and-owp-protocol-8d3ea5a8f284

What's mean ? Crowdsale will come in the future or finished ?

Man, mou you can preorder it on their site. http://ulabs.technology

Nice! Are there any differences/improvements with the new batch?

Our crowdsale has already concluded, we will distribute the tokens soon!

The new batch of Ubbey Boxes for pre-orders will likely be the same, however, in the future, when we release our second generation Ubbey Boxes there might be some improvements.

Great, looking forward to see the 2nd batch of Ubbey boxes then!!

Our bounty and airdrop tokens will be distributed almost the same time as our token distribution. We will be announcing more in due time, so stay tuned!

Hi, just want to check if any owners of the ubbey box have mined the YOU tokens?!

They haven't delivered the first part of Ubbey Boxes yet! What're you talking about? :)

How much money did they rise? In dollars.

I counted something like 19 000 000 USD

Such idea are becoming useful!
A rather interesting plan, arguable design, impeccably activity!

Sounds good. Does anybody know which real big players invested in this company?

Kepler Capital, FinBit Capital, Asia Block Capital Ltd and Yinglian Capital participated in the presale

CryptoGrinders has done short and sweet infographic video on Universal Labs. Please check it out! https://youtu.be/Xl3CqcofnZw

I heard that the Ubbey App is now available in the Apple store, is it true?

Yes! UBBEY App is now available in Apple AppStore !!
Search “ubbey”, “ubbeybox”, or download it from https://itunes.apple.com/cn/app/ubbeybox/id1400599400?l=en&mt=8

Google’s Play Market should have it as well soon too!

Great news, guys! App Store is nice step ahead!

Something doesn't feel right here, is the public sale is over or they are still selling tokens?

Public sale is over, you can only buy our token when it get listed on exchanges!

Scammers alert! Please remember that the admins will never PM you. Also, always look for the admin tags. Thanks for informing.

Finally, when ubbey box will be distributed?

You should put that on your website and a pinned message here. Some "admins" tried really hard to convince me to participate in "extended tokensale".

Soon! We are finalizing the shipping details. Do stay tuned, an official announcement will be made soon!

As I understand, now only the ubbey box can act as a node in the network. Is Universal Labs looking at future collaborations to allow other devices to act as nodes?

I hope it becomes like a modem like bitmain version

What do you mean? Can you explain please?

Like Bitmain’s antrouter R2-LTC. Dual-function WI-FI router and Litecoin Crypto Miner.

You are right, however, right now, the Ubbey Boxes will be the only device that acts as a node. In the future, we could possibly see other devices however not right now. Now, we want to promote the adoption of Ubbey Box and incentivize people to use it and secure the network, so Ubbey Box will be the only way you can become a node in our Ubbey Network at the moment.

Is it secure way?

Yes of course, currently many other storage tokens such as Siacoin, face adoption issues. Siacoin, the most valuable decentralized cloud storage network only has 800+ storage provider after 3 years of existence. With the first batch of 1000 units of Ubbey Box shipment we immediately have more than that amount of storage provider.

 Or maybe you will have a big UbbeyBox like the "queen node"?

No, every node is equal as of now!

When do Bounty0x contributers will be evaluated and paid?

I mean, if all nodes are in UbbeyBoxes, its possible to destroy all the system with, for example, some virus in software update, isn't it?

Looks like a good project. Wish best of luck for success TEAM Universal Labs. ::)BTC

That is right, however, we will ensure that the software updates are pre-tested and ensured malware free before we push it out to the public.

Thanks for respond. You're doing great job, wish you luck :)

Tokens will all be distributed within 14 days after the end of the crowdsale. So stay tuned

Thank you D.R. Brights, we appreciate the support you have for Universal Labs!

When is the listing?

We are unable to comment on the exact listing date, due to legal reasons. Hope you'd understand.

Thanks Crypto Investing for featuring us!  https://youtu.be/dRBf3aoLp80

Can you reveal the abbreviation name of the token?

Good question, we will make an important announcement about this soon

Hi, can someone help to explain the benefits of building dApps on a OWP protocol?

The Ownership Protocol helps deal with verifiability of physical goods as well as digital goods in the future. dApps building on top of the OWP will be able to achieve those benefits.

I see. So the Ubbey Box acts as node in the Ubbey Network powered and this network is powered by the OWP protocol?

OWP is powered by the Ubbey Network as well! Yes, you're right!

Universal Labs Change the Token Name From YOU to UBBEY！

https://medium.com/universal-labs/universal-labs-change-the-token-name-from-you-to-ubbey-32b13ba554fb

wow! Why so? That is unusual!

Because, we found that there is another ‘YOU’ token in the market, which has already been listed on OKEX.

What now? Do token holders have to make some special actions?

Hello, do you already know when the YOU coin will enter in the market?

In order to ensure that every token holder has swap their token successfully, we strongly recommend you DO NOT TRANSFER/EXCHANGE your YOU token at this stage.

We cannot comment on the exact date of listing, due to regulatory issues.

Hello! Any word when app will be available for Android users?

This information will be duly released, so stay tuned

We will be sponsoring Huobi Carnival 2018 in Korea that runs from 2-3 August! You can use the discount code below if you are attending!

Great news! it will be interesting!

This platform is a great project.and a very well coordinated team.I am sure this company will show best results.I am very glad to be a part of this project. And it will really cool to have a Ubbey app for Android. Waiting for it!

Will the order of token distribution stay the same because of changing token name?

Universal Labs’ new UBBEY token will be distributed in the following order, started from tomorrow.

1. Current token holders
2. Pre-Sale participants
3. Public Sale participants

Thanks CryptoGrinders for the interview! https://youtu.be/wmbF9vW16VA

Our founder Keda Che will be one of speakers and panelist alongside industry luminaries like Roger Ver, Jihan Wu and other top-tier VCs in the upcoming Huobi Carnival in Korea. Do come and join us in the carnival from 2-3 August 2018!  http://www.huobicarnival.co.kr/en. There will be HADAX voting during the Carnival as well, we appreciate all the support we can get from the community on this!

Universal Labs is a great project. And a very well coordinated team. I am sure this company will show best results.I am very glad to be a part of this project.

The distribution will be completed today?

For all asking when will tokens be distributed, do stay tuned! The tokens are being manually processed so it will take some time. Do be patient. It will be gradually distributed over next week

Alright. Thanks for the info guys

It s 2 week after ICO!

When the first batch of Ubbeys will be delivered?

Token distribution has started? Correct?

Thank you for your support! Universal Labs is building a blockchain solutions designed to facilitate digitalization of asset ownership and making it transferable through the help of Ubbey Network powered by our proprietary blockchain personal cloud and the Ownership (OWP) protocol.

We will distribute gradually over next week, do stay tune!

Didn't the official promise to distribute it within 14 days? Today is the 14th day, and the official default will be issued next week.

Will UBBEY be always ERC-20 token? Will this token migrate on other blockchain?

You mean the tokens or box?

Oh, really, now the token is Ubbey too :)
I meant boxes.

UBBEY will be first built on the Ethereum platform with the ERC-20 Platform. In the future, we will have our own blockchain.

Hi, since ULABs aims to improve from traditional cloud storage, do we foresee any potential collaborations with cloud storage like Dropbox and aws?

Token start distribute by tomorrow?

We realized that we have to change the ticker of our token due to another project also used YOU and they have already listed on OKex. We have to create a new token contract and take a snapshot for current token holders and then distribute the new token UBBEY by orders. Do read our last announcement and get more information.

Plz tell exact date of distribution. Monday? Tuesday?

Thank you! :D

In our opinion, Dropbox and UBBEY both can target a similar crowd audience. However we believe that by taping into the usage of blockchain, it ensures our users have their file and storage secured and private.

There is a slight delay due to the change in ticker. Do be patient and stay with us, the team is working hard to deliver ASAP.
Here in Singapore, the government's patient database was hacked, this once again illustrate the problem of having a single point of failure. Blockchain can be part of the solution to this. This once again reminds us the  importance of personal data ownership and privacy and decentralization,
https://www.channelnewsasia.com/news/singapore/singhealth-cyberattack-what-you-need-to-know-10549096

And what is the main difference you think between you and smth like Dropbox?

Do stay tuned, an official announcement will be made soon! You’ll also receive updates via email too.

Universal Labs Change the Token Name From YOU to UBBEY！
https://medium.com/universal-labs/universal-labs-change-the-token-name-from-you-to-ubbey-32b13ba554fb

Stay tuned, we will make a proper announcement soon. Sorry for the wait.

Has the token been issued yet? I participated in the pre-sale in March or April, and I haven't received the token yet

We are different as Ubbey Box is the first decentralized personal cloud powered by blockchain. It has 2 functions: firstly, it can be used as a private dropbox - users can upload their files or other content using their Ubbey Box and access it from everywhere. Secondly, it can also be used as a mining machine to mine YOU token, which will be rewarded to users when they contribute their storage space to the Ubbey network.

Not yet, we were supposed to have our tokens distributed within 14 days after the end of the crowdsale. However our ticker changed from YOU to UBBEY, so there will be a delay in distributing, hope you'd understand.

Hopeful that Ubbey Box can revolutionise the cloud storage industry by keeping our personal data safe - esp with all the cyber hacks going on recently

Is the device ready??

We aim to curb this exact problem right now! We already have one batch of fully preordered Ubbey Boxes to ship out. The future is looking interesting now!

May I ask if the pre-sale payment for this project is over?

Could you further explain what do you mean by that ? If about Ubbey Box, Yes we are contacting people who preorder for shipping now

Any plan for masternodes?

There's no plan for masternode at the moment since the ubbey box will act as a miner/validator for the network when we launch our main net

Yes it is, we have already concluded our crowdsale as well! Currently most members are waiting for our announcement and updates on the crowdsale.

Are the token payments complete?

Ok. How can i buy some ? Will you be granting  exclusive rights within a specific geographical area to carry the product?

This can be discussed further in the future! You can pre-order our Ubbey Boxes right now over at our website! Check them out here: https://ulabs.tech

The team members are still verifying the contributions and will likely distribute the tokens soon!

We always hear "soon". When then?

Stay tuned then! We will make a formal announcement on this Telegram group chat as well as the announcement channel, so do head over and give us a follow!
https://t.me/UniversalLabsAnnouncement

Is it required to buy Ubbey Box in order to participate in Ico?

ICO ended like 2 weeks ago... :-\

That is right. And it was not a requirement to buy an Ubbey box to participate in this ICO. And vise versa.

You mean it's not required to partisipate in ICO to buy UbbeyBox?

I heard you was making an giveaway of UbbeyBoxes. Was it?

Yes, you are right. But the giveaway ended long time ago.

What technical characteristics of your Ubbey Box?

CPU: ARM Cortex-A53x4, clocked at 1.5GHZ
RAM: 2GB DDR
ROM: 16GB eMMC
DISK: SATA 3.0 interface
WIFI: 2.4GB 11n 2x2; 5G 11ac 22
USB: USB 3.0x1, USB2.0x1
OTHER: GbE Lan Port; BT4.0; DC 12V/2A Adapter

Will your system collect some personal data?

Unlike the public cloud, no information about you is collected. Your files are encrypted and distributed across our decentralised network. Only you have access to your data and files.

Thank you! In which group did you send? This - https://t.me/universallabs - ?

What is IPFS protocol? I read about it on your site?

InterPlanetary File System (IPFS) is a protocol and network designed to create a content-addressable, peer-to-peer method of storing and sharing hypermedia in a distributed file system.

That's cute. Everyone who haven't saw yet, here is a review of UbbeyBox: https://youtu.be/0lKMVegXSgY

How much tokens will be held by your team?

15% of them

And which percent of coins were sold due the crowd sale?

40% of the total token supply gone to the token sale events. 4 billion tokens

Why should I buy the Ubbey Box? What the benefit can I get? I can just earn some  bucks on rising of your token and go forward ;)

Firtsly, you shouldn't :)
We will be glad if you do, but you are free to do anything. But, what about benefits, the Ubbey Box is 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. 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.

Do you know a term "data wall" in context of media content? What is your solution to break it among different internet companies without the involvement of any third-party data providers?
 

Yes, in order to break such “data wall”, Diffie provides one promising solution; a decentralized data trading center built with the OWP protocol. Data can be traded freely and directly between any two interested companies on this platform without having to worry about leaking data to the un-authorized party. As a result, the data privacy is automatically protected.

For all community members that are wondering when you will be receiving your tokens, do note that we are now distributing the tokens and will formally make an announcement to inform you guys when all the tokens have been distributed. Here is the etherscan.io link:
https://etherscan.io/token/0x6cb1c2b61e24ad08bf5fff4d2b13ea987d211a88

Token is being distributed!!! Etherscan has helped us to migrate the token to the new smart contract address

What was the minimum contribution for public sale?

The minimum was 1 ETH for presale contributors. However, our crowdsale has ended and we are currently distributing the tokens right now!

Man, they already did! Please, read this thread properly!  :-\

I couldn’t find the tokens in wallet

The tokens have yet to be fully distributed, so be patient. We are distributing them right now!

I think its airdrop not bounty right?

It’s for all the tokens.
Bull market here we go!!
Brian Kelly: 3 Reasons Bitcoin Price Rally is For Real
https://bitcoinist.com/brian-kelly-bitcoin-price-rally-real/

Does this include ubbey tokens from bounty0x?

Yes it is!
Stay tuned for that on our social media:

https://www.facebook.com/ulabstechnology
https://t.me/universallabs
https://medium.com/universal-labs
https://www.reddit.com/r/universallabs
http://ulabs.technology/

Thank you for your support! We really appreciate that!

I cannot find my mew address in Ubbey etherscan distribution list.  It will be added, right?

Great news ULABS!!! That mean, that tomorrow we will see the listing of Ubeey Token! Wish you luck, guys!

Of course it will!

Thank you! thanks everyone for your support! We appreciate that! Our community getting bigger!