How to buy CubeBucks

    CubeBucks Unique Features

    CubeBucks - MoneyClip

    Asset Backed Wallet platform

    This is a PSD2 Compliant Multi-Currency Store of Value, and the net value of all assets held on the network make up the guarantee/price ratio. All new coins issued will result in a percentage of the value being allocated to the Asset platform.

    CubeBucks - Graph

    On-Ramp platform

    This is a reward based model that will compensate the vendor for acting as an exchange for the digitisation of funds to the CubeBucks platform. The retailer or individual holding digitized funds will receive a percentage reward on the value of the funds exchanged.

    CubeBucks - Altcoins

    Cross-chain Exchange platform

    The purpose of this platform is to offer the means to trade and transfer value store from one wallet to another. The seamless backend integration with a platform like Blockchain.info

    CubeBucks Wallet

    CUBEBUCKS WALLET

    • Easy to use smartphone app
    • Basic menu functions with subfunctions
    • Simple to use familiar system comparable to existing banking APPs
    • Build on secure encrypted hybrid-flex blockchain ledger platform
    • Multi-level data encryption and authentication for extended security
    • Easy transfer between various digital value platforms and vanilla cash in any market.
    • Trade in $ £ ʀ ɸ Υ Є (multi-currency)
    • Cross-chain blockchain currency exchange between CubeBucks, Bitcoin, Ethereum or any other linked ERC20 based coin
    CubeBucks - Wallet Mock-up

    Cross Chain

    Crypto coins need a uniform settlement currency to accommodate trade and exchange between all of them that streamline access to minor coins, banking infrastructure, and financial systems.  Interexchange ability of the CubeBucks coin as the Base Exchange currency for transferring between any if the Blockchain currencies are achieved on the Cross-Chain platform.

    CubeBucks - Cross-Chain

    Use of Funds


    Legal & Audit Compliance

    Reserve

    Operations

    Security

    Sales & Marketing

    Technology

    Financial Benefits

    Financial Benefits

    ASSET-BACKED CURRENCY

    Funds and fund managers will have mandated investment portfolios managed by the network allocation consensus model.The CubeBucks Asset-Backed model was developed to provide security to holders in the value of our coin.

    Our Promise to pay extends to the valuation of assets of the initial coin sales proceeds being spread among 4 categories of the investment portfolio.

    This allocation of funds allows the currency to be valued live on the blockchain platform according to the joint asset allocation of the group of coin holders.

    Although the initial asset allocation will be determined by the founder team and their advisors, the further asset allocation will be determined by consensus selection of each wallet holders profile allocation of the funds in his wallet to a specific asset resource.

    A buffer marginal exchange platform will facilitate movement selections by coin holders to allow live reporting of the asset allocation consensus on the network, and allow for stable allocation to fund under management.

    photo_2018-01-09_08-09-28

    ICO - Coin Release

    CubeBucks - Tetris Cube Full

    Round 0

    • Pre-offer
    • 125 Blocks
    • 4 096 000qb
    • PRE-ICO offer at
    • $0.30 - per qb
    CubeBucks - Tetris Cube 1

    Round 1

    • Pre-Registered
    • 675 Blocks
    • 22 118 400qb
    • ICO after at
    • $0.35-per qb
    CubeBucks - Tetris Cube 2

    Round 2

    • 800 Blocks
    • 26 214 400qb
    • ICO offer at
    • $0.38-per qb
    CubeBucks - Tetris Cube 3

    Round 3

    • 1600 Blocks
    • 52 428 800qb
    • ICO offer at
    • $0.40-per qb
    CubeBucks - Tetris Cube 4

    Round 4

    • 6 400 Blocks
    • 209 215 200qb
    • ICO offer at
    • Pre-sale offer at Market

    Road Map

    CubeBucks - Roadmap

    White Paper

    Go ahead download our Whitepaper, you know you want to!

    Features

    CubeBucks - White Icon

    CubeBucks

    CubeBucks is an asset-backed crypto currency built on the block chain as a full distributed ledger that is used for realtime payments.

    Banker

    The wallet menu item that allows loading of prepaid vouchers purchased at retail outlets.

    Transaction History

    A fast, easy to use multi-sig mobile wallet with a locked personal code. Private key is never shared with anyone.

    On-Ramp

    This is a reward based model that will compensate the vendor for acting as exchange for the digitisation of funds to the CubeBucks platform. The retailer or individual holding digitized funds will receive a percentage reward on the value of the funds exchanged.

    Exchange Platform

    The purpose of this platform is to offer the means to trade and transfer value store from one wallet to another. The seamless backend integration with platforms like Freewallet.org, Blockchain.info

    Asset Platform

    This is a PSD2 Compliant Multi Currency Store of Value, and the network value of all assets held on the network make up the guarantee / price ratio. All new coins issued will result in a percentage of the value being allocated to the Asset platform.

    Instant Conversion

    Value is stored directly on the users' device ensuring immediate payment from consumer to consumer or to merchant.

    Transparency

    As good practice, personal data will be processed fairly and lawfully. CubeBucks' privacy notice about how information will be stored and use is available for download.

    Meet our team

    Hanief Kader
    Chief Executive Officer

    Hanief Kader

    Co-Founder Hanief Kader is an entrepreneur with 25 years of management and consulting experience in various businesses and sectors. Hanief,…

      Read more
    Jan Mackay
    Chief Information Officer

    Jan Mackay

    CIO and Co-Founder Jan has experience in development, FinTech and internet commerce, and over 20 years’ experience in business management,…

      Read more
    DevTeam_Image
    Development Team

    Development Team

    Within the CubeBucks team, everyone has an important role. Each individuals’ abilities, knowledge, and experience are pooled and used by…

      Read more
    BWB_Logo
    Legal

    Legal

    BWB is a professional service firm, combining a top 100 legal practice that tailors our service to meet our clients’…

      Read more
    Kingston_Smith_Logo
    Auditors

    Auditors

    Auditors - At Kingston Smith, our approach reflects our experience and demonstrates an understanding of what our clients need. Our…

      Read more

    Legal Governance / Compliance

    LEGAL GOVERNANCE

    All banking regulations will be adhered to in order to retain good standing with international exchanges.

    These include:

    • Compliance to FINCEN, FCA and other regulatory bodies will require CubeBucks to comply with the provisions of The Bank Secrecy Act and its implementing regulations requiring us to develop, implement, and maintain an effective written anti-money laundering (“AML”) program that is reasonably designed to prevent our system from being used to facilitate money laundering and the financing of terrorist activities.

    See 31 U.S.C. §§ 5318(a) (2) and 5318(h); 31 C.F.R. § 1022.210.

    • Under the Bank Secrecy Act, CubeBucks will be required to implement an AML program that, at a minimum:
      • incorporates policies, procedures and internal controls designed to assure ongoing compliance;
      • designates an individual responsible for assuring day to day compliance with the program and Bank Secrecy Act requirements;
      • provides training for appropriate personnel including training in the detection of suspicious transactions; and
      • Provides for an independent review to monitor and maintain an adequate program. 31 C.F.R. §§ 1022.210(d).

    AUDIT COMPLIANCE

    • Cube Bucks must report transactions that the VC operation “knows, suspects, or has reason to suspect” are suspicious, if the transaction is conducted or attempted by, at, or through the VC, and the transaction involves or aggregates to at least $2,000.00 in funds or other assets. 31 C.F.R. § 1022.320(a) (2).
    • A transaction is “suspicious” if the transaction:
      • involves funds derived from illegal activity;
      • is intended or conducted in order to hide or disguise funds or assets derived from illegal activity;
      • to disguise the ownership, nature, source, location, or control of funds or assets derived from illegal activity;
      • is designed, whether through structuring or other means, to evade any requirement in the Bank Secrecy Act or its implementing regulations;
      • Serves no business or apparent lawful purpose, and the company knows of no reasonable explanation for the transaction after examining the available facts, including the background and possible purpose of the transaction;
      • Involves use of the VC to facilitate criminal activity; or
      • Implement Know Your Client (KYC) policy and procedures that must be adhered to for all new accounts being opened including the collection and storage of Identity, proof of address and other relevant business information.

    Disclaimer

    Note: CubeBucks is not issued by any government or sovereign jurisdiction. It is a purely digital currency based on blockchain technology. This is not an offer for security or equity in CubeBucks.

    You are entering an agreement to buy a unit of our currency that will be used to pay for goods or services online. The only guarantee when buying Cubebucks is provided by the company in the form of the funds allocated to the asset guarantee fund that will be available on the wallet at the end of phase 4 of the development plan.

    Risk statement

    You are reading the offer to pre-purchase a unit of currency that will be developed as a crypto-currency on blockchain for the purpose of providing a crypto coin that is backed by assets allocated by the community. The security of the asset-backed coin is that the company are the guaranteed buyer of all coins that remain unsold and on demand by the user will be settled.

    Risk warning:

    You have to ensure you follow the exact buying instructions from the e-mail you will receive when buying your coins.  Round 0 subscribers will not receive their coins at this time and will be provided with a promissory note that will be redeemable for coins after April 2018.

    PLEASE NOTE:

    This is not an offer for shares in the company or a promise of returns.

    This document is a sale offer for a virtual currency unit. It is not governed by any sovereign government and carries only the guarantee offered by the company.

    Disclosure

    Nature of CubeBucks

    CubeBucks is a multidimensional blockchain: Holders of CubeBucks are enabled to access the full functionality of the CubeBucks Platform when the development is complete and qb coins are released to the market.

    CubeBucks are non-refundable: CubeBucks is not obliged to provide Coins holders with a refund for any reason, and CubeBucks holders will not receive money or other compensation in lieu of a refund. Statements set out in the White Paper are merely expressions CubeBucks’s objectives and desired work plan to achieve the objectives, and no promises of future performance or price are or will be made in respect to CubeBucks, other than the 80% value represented by the asset allocation funds from the initial coin offer. Valuations according to market conditions and group elected fund allocations will reduce or increase the valuation of the assets underwriting the value of the qb coin.

    CubeBucks provided on “as is” basis: CubeBucks is provided on “as is” basis. CubeBucks and its representative directors, officers, advisors, employees, shareholders, affiliates, and licensors (hereafter referred to as MEMBERS) make no representations or warranties of any kind, whether express, implied, statutory or otherwise regarding CubeBucks, including any warranty that CubeBucks and the CubeBucks Platform will be uninterrupted, error-free or free of harmful components, secure or not otherwise lost or damaged. Except to the extent prohibited by applicable law, CubeBucks and the MEMBERS disclaim all warranties, including any implied warranties of merchantability, satisfactory quality, fitness for a particular purpose, non-infringement, or quiet enjoyment, and any warranties arising out of any course of dealings, usage or trade.

    CubeBucks may have no value: CubeBucks may have no value and there is no guarantee or representation of liquidity for CubeBucks. The CubeBucks is not and shall not be responsible for or liable for the market value of the CubeBucks, the transferability and/or liquidity of CubeBucks and/or the availability of any market for CubeBucks through third parties or otherwise.

    Lack of development of the market for CubeBucks: There are no warranties that CubeBucks will be listed or made available for exchange for other cryptocurrencies and/or fiat money. It shall be explicitly cautioned that if CubeBucks are available on any exchange, such exchange, if any, may not be subject to regulatory oversight and that CubeBucks does not give any warranties in relation to any exchange services providers. Because there has been no prior public trading market for CubeBucks, the coin Issuance may not result in an active or liquid market for CubeBucks, and the price of CubeBucks may be volatile. CubeBucks holders may not be able to dispose of CubeBucks easily and where no secondary market develops, a CubeBucks holder may not be able to liquidate at all.

    Risks relating to highly speculative prices: The valuation of crypto currencies and digital coins in secondary markets is usually not transparent, and highly speculative. CubeBucks do hold ownership rights to underlying assets and, therefore, are backed by these tangible assets. The value of CubeBucks in secondary markets, if any, may fluctuate greatly within a short period of time. There is a high risk that Purchasers may lose up to 20% of their contribution amount, and in the worst-case scenario, CubeBucks could be rendered worth less than the value of assets held.

    Force majeure: The coin Issuance and the performance of CubeBucks activities set out in the Whitepaper development roadmap may be interrupted, suspended or delayed due to force majeure circumstances. For the purposes of this Whitepaper, force majeure shall mean extraordinary events and circumstances which could not be prevented by CubeBucks and shall include: changes in market forces or the technology, acts of nature, wars, armed conflicts, mass civil disorders, industrial actions, epidemics, lockouts, slowdowns, prolonged shortage or other failures of energy supplies or communication service, acts of municipal, state or federal governmental agencies, other circumstances beyond CubeBucks’ control, which were not in existence at the time of Coin Issuance.

    GOVERNMENTAL DISCLOSURES

    Risk of unfavourable regulatory action in one or more jurisdictions: The regulatory status of cryptographic coins, digital assets, and blockchain technology is undeveloped, varies significantly among jurisdictions and is subject to significant uncertainty. It is possible that certain jurisdictions may adopt laws, regulations, policies or rules directly or indirectly affecting the blockchain networks, or restricting the right to acquire, own, hold, sell, convert, trade, or use CubeBucks. Developments in laws, regulations, policies or rules may alter the nature of the operation of the blockchain network upon which CubeBucks is dependent.

    There can be no assurance that governmental authorities will not examine the operations of CubeBucks or pursue enforcement actions against the company. All of this may subject the company to judgments, settlements, fines or penalties, or cause the company to restructure their operations and activities or to cease offering certain products or services, all of which could harm the reputation or lead to higher operational costs, which may, in turn, have a material adverse effect on CubeBucks and/or the development of the platform.

    Purchaser bears the responsibility of legal categorization: There is a risk that CubeBucks might be considered a security in certain jurisdictions, or that they might be considered to be a security in the future. The company does not provide any warranty or guarantee as to whether it will be a security in the jurisdiction of the Purchaser. Each Purchaser will bear all consequences of CubeBucks being considered a security in their respective jurisdiction and will be responsible to confirm if the acquisition and/or disposal of CubeBucks is legal in its relevant jurisdiction, and each Purchaser undertakes not to use CubeBucks in any jurisdiction where doing so would be unlawful. If a Purchaser establishes that the purchase or use of CubeBucks is not legal in its jurisdiction, it should not acquire CubeBucks and immediately stop using or possessing CubeBucks.

    Acquiring CubeBucks in exchange for cryptocurrencies will most likely continue to be scrutinized by various regulatory bodies around the world, which may impact the usage of CubeBucks. The legal ability of the company to provide or support CubeBucks or the CubeBucks Platform in some jurisdictions may be eliminated by future regulation or legal actions. In the event the company determines that the purchase or usage of CubeBucks is illegal in a jurisdiction, the company may cease operations in that jurisdiction, or adjust CubeBucks in a way to comply with applicable law.

    Purchaser bears responsibility for complying with transfer restrictions: CubeBucks may be placed on third-party exchanges, giving future purchasers and users an opportunity to openly buy CubeBucks. A user seeking to enter the CubeBucks Platform following the Coin Issuance will have to buy CubeBucks on such exchanges. Conversely, CubeBucks may be sold on such exchanges if the holder of CubeBucks would like to exit the CubeBucks Platform ecosystem. Existing laws on the circulation of securities in certain countries, such as the United States of America and Singapore, may prohibit the sale of the CubeBucks to the residents of those countries. When buying CubeBucks, Purchaser should be aware of the restrictions on their subsequent sale.

    GENERAL SECURITY RISKS

    Risk of theft and hacking: Coin generation events and initial coin offerings are often targeted by hackers and bad actors. Hackers may attempt to interfere with the Purchaser’s coin wallet used to store the private keys to CubeBucks, which is accessible through applications that make use of the CubeBucks API (Purchaser’s Wallet), CubeBucks Smart Contract or the availability of CubeBucks in any number of ways, including denial of service attacks, Sybil attacks, spoofing, smurfing, malware attacks, or consensus-based attacks. Any such attack may result in theft or loss for coin holders.

    Failure to map a public key to Purchaser’s Wallet: Failure of the Purchaser to map a public key to such Purchaser’s Wallet may result in third-parties being unable to recognize buyer’s CubeBucks balance on the Cubebucks blockchain when and if they configure the initial balances of a new blockchain based on the CubeBucks Platform.

    Risk of weaknesses or exploitable breakthroughs in the field of cryptography: Advances in cryptography, or other technological advances such as the development of quantum computers, could present risks to cryptocurrencies.

    Internet transmission risks: There are risks associated with using CubeBucks like the probable failure of hardware, software, and internet connections. CubeBucks will not be responsible for any communication failures, disruptions, errors, distortions or delays experienced when using the CubeBucks Platform, however, caused. Transactions in cryptocurrencies and coins may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. Cryptocurrency transactions are deemed to be made when recorded on a public ledger, which is not necessarily the date or time when the transaction is initiated.

    CUBEBUCKS PLATFORM DISCLOSURES

    Risks associated with CubeBucks associated software and/or infrastructure: CubeBucks is based on the Flex blockchain. As such, any malfunction, unintended function or unexpected functioning of the protocol may cause CubeBucks and/ or the CubeBucks Platform to malfunction or function in an unexpected or unintended manner.

    The Flex blockchain rests on open source software, and accordingly, there is the risk that CubeBucks Smart Contract may contain intentional or unintentional bugs or weaknesses which may negatively affect CubeBucks or result in the loss or theft of CubeBucks or the loss of ability to access or control CubeBucks. In the event of such a software bug or weakness, there may be no remedy and CubeBucks holders are not guaranteed any remedy, refund or compensation.

    Irreversible nature of blockchain transactions: Transactions involving CubeBucks that have been verified, and recorded as a block on the blockchain, generally cannot be undone. Even if the transaction turns out to have been in error, or due to theft of a user’s CubeBucks, the transaction is not reversible. Further, at this time, there is no governmental, regulatory, investigative, or prosecutorial authority or mechanism through which to bring an action or complaint regarding missing or stolen cryptocurrencies and digital coins. Consequently, CubeBucks may be unable to replace missing qb’s or seek reimbursement for any erroneous transfer or theft of CubeBucks.

    Amendments to protocol: The development team and administrators of the source code for the Flex blockchain or the CubeBucks coin could propose amendments to such network’s protocols and software that, if accepted and authorized, or not accepted, by the network community, could adversely affect the supply, security, value, or market share of CubeBucks.

    CUBEBUCKS LTD DISCLOSURES

    Dependence on management team: The ability of the CubeBucks Platform project team which is responsible for maintaining the competitive position of the CubeBucks Platform is dependent to a large degree on the services of a senior management team. The loss or diminution in the services of members of such senior management team or an inability to attract, retain and maintain additional senior management personnel could have a material adverse effect on the CubeBucks Platform. Competition for personnel with relevant expertise is intense due to the small number of qualified individuals, and this competition may seriously affect the ‘s ability to retain its existing senior management and attract additional qualified senior management personnel, which could have a significant adverse impact on the Platform.

    Risks related to reliance on third parties: Even if completed, the CubeBucks Platform will rely, in whole or partly, on third-parties to adopt and implement it and to continue to develop, supply, and otherwise support it. There is no assurance or guarantee that those third-parties will complete their work, properly carry out their obligations, or otherwise meet anyone’s needs, any of which might have a material adverse effect on the CubeBucks Platform.

    Insufficient interest in the CubeBucks Platform and CubeBucks: It is possible that CubeBucks will not be used by a large number of individuals, businesses, and organizations and that there will be limited public interest in the creation and development of its functionalities. Such a lack of interest could impact the development of the platform.

    CubeBucks Platform development risks: The development of the CubeBucks Platform may be abandoned for a number of reasons, including lack of interest from the public, lack of funding, lack of commercial success or prospects, or departure of key personnel.

    Changes to the CubeBucks Platform: The Platform is still under development and may undergo significant changes over time. Although the company intends for the Platform to have the features and specifications set forth in this Whitepaper, changes to such features and specifications may be made for any number of reasons, any of which may mean that the CubeBucks Platform does not meet the expectations of the Purchaser.

    LEGAL GOVERNANCE

    All banking regulations will be adhered to in order to retain good standing with regulators.

    These include:

    • Compliance to FINCEN (USA), FCA (UK) and other regulatory bodies will require CubeBucks to comply with the provisions of The Bank Secrecy Act and its implementing regulations requiring us to develop, implement, and maintain an effective written Anti-Money Laundering (“AML”) program that is reasonably designed to prevent our system from being used to facilitate money laundering and the financing of terrorist activities.  See 31 U.S.C. §§ 5318(a) (2) and 5318(h); 31 C.F.R. § 1022.210.
    • Under the Bank Secrecy Act, CubeBucks will be required to implement an AML program that, at a minimum:
      • incorporates policies, procedures and internal controls designed to assure ongoing compliance;
      • designates an individual responsible for assuring day to day compliance with the program and Bank Secrecy Act requirements;
      • provides training for appropriate personnel including training in the detection of suspicious transactions; and
      • Provides for an independent review to monitor and maintain an adequate program. 31 C.F.R. §§ 1022.210(d).

     

    COMPLIANCE

    Cube Bucks must report transactions that the cryptocurrency exchange “knows, suspects, or has reason to suspect” are suspicious, if the transaction is conducted or attempted by, at, or through the cryptocurrency, and the transaction involves or aggregates to at least $2,000.00 in funds or other assets. 31 C.F.R. § 1022.320(a) (2) or as defined in the relevant jurisdiction.

    A transaction is “suspicious” if the transaction:

    • involves funds derived from illegal activity;
    • is intended or conducted in order to hide or disguise funds or assets derived from illegal activity;
    • to disguise the ownership, nature, source, location, or control of funds or assets derived from illegal activity;
    • is designed, whether through structuring or other means, to evade any requirement in the Bank Secrecy Act or its implementing regulations;
    • Serves no business or apparent lawful purpose, and the company knows of no reasonable explanation for the transaction after examining the available facts, including the background and possible purpose of the transaction;
    • Involves use of cryptocurrency to facilitate criminal activity; or
    • Implement Know Your Client (KYC) policy and procedures that must be adhered to for all new accounts being opened including the collection and storage of Identity, proof of address and other relevant business information.
    • ICO purchases with blockchain currencies are excluded from the above restrictions, provided the buying party effectively register their Know Your Client (KYC) and written Anti-Money Laundering AML documents before live trading currencies.
    FintechTop3
    Subscribe