Ubitquity Announces Near Completion of Seed Round, With Equity Crowdfunding Coming in Q2, and Series A in Q3 2022
Ubitquity, the innovative leader in the blockchain, title, and real estate space funding round will accelerate MyNFTs, SmartEscrow, and UbitquityPay delivery of cryptocurrency payments to global markets.
Wilmington, Delaware, USA — February 17, 2022 — Ubitquity LLC, the leading enterprise blockchain-secured platform for real estate, escrow, and title, today announced that it has nearly completed its “pre-money” seed round by raising a total of $790,000 out of its $1,000,000 with only $210,000 remaining in its round.
While cryptocurrency adoption is increasingly becoming mainstream, traditional businesses and financial institutions reliant on legacy technology infrastructure still face significant challenges in adapting to the complexities of this fast-changing digital asset sector.
In 2021, lead entirely by private accredited investors, a portion of the capital Ubitquity raised was allocated towards hiring software developers and UI/UX designers for developing version 1.0 of its demo and early back-end development of the SmartEscrow application, expanding the core team, R&D, joining strategic organizations such as the American Land Title Association (ALTA), Government Blockchain Association (GBA), Property Records Industry Association (PRIA), and the sponsoring of key trade websites and real estate/blockchain events.
The remaining capital, with equity crowdfunding participants on a platform that will be announced shortly, the use of proceeds will be utilized to expand R&D resources and accelerate the rollout of the SmartEscrow platform and additional module add ons. In addition, more streamlined API integration with their white label payment processor partners via their live product, UbitquityPay℠, the global solution for crypto payments and real estate transactions.
UbitquityPay℠ helps to remove the friction between real estate companies and homeowners. Ubitquity℠ works with title companies to ensure the biggest transaction of your life is both legal and valid. Once the transaction is complete, the cryptocurrency is stored with multiple signature wallets.
“Established businesses within the real estate industry, such as title and escrow companies, are struggling to understand cryptocurrency and how it can be integrated into their own product stacks and workflow, including when and how to embrace it. UbitquityPay℠ helps to eliminate these challenges, as well as our paid webinars that we will be launching starting in March,” said Nathan Wosnack, Founder & CEO of Ubitquity.
With its mission to ensure a highly secure, digital, and immutable record of title and ownership history for all parties involved, and to build out a scaled solution that integrates leading, modern, software platforms to seamlessly settle real estate transactions with digital currency, Ubitquity is a market leader.
“When Ubitquity reaches its Series A around Q3 of this year, we will be implementing our MyNFTs marketplace in partnership with our infrastructure partner, Real Items, with the express purpose of creating real estate-based NFTs and creating more interoperability between its products acquiring SOC2 certification, and ensuring regulatory compliance,” added Wosnack.
Continual development and integration of SmartEscrow and title, escrow, underwriter, banking infrastructure vendor cost money. Therefore, Ubitquity is conducting the remaining seed round, with a plan for a Reg CF equity fundraising round via a US-based equity crowdfunding platform by early Q2 2022.
For more information on this campaign and to find out how to invest please visit https://www.ubitquity.io/invest/.
About Ubitquity, LLC
UBITQUITY, the leading blockchain-secured platform for real estate/escrow, offers a simple user experience for securely purchasing real estate with cryptocurrency, recording and tracking property deeds, and land records. The company is partnered with academia, aviation companies, municipalities, and real estate companies. Its platforms are now available on their websites: ubitquity.io, smartescrow.us, and ubitquitypay.com.
Ubitquity Contact:
Tatjana O’Brien, VP of Marketing
email: info@ubitquity.io
tel: +1 (724) BITCØIN [248–2046]
Ubitquity is offering securities under Regulation CF and Rule 506(c) of Regulation D through a soon to be chosen equity crowdfunding platform. The Company has filed a Form C with the Securities and Exchange Commission in connection with its offering, a copy of which may be obtained on the SEC’s EDGAR website: https://www.sec.gov/Archives/edgar/data/1768348/000176834819000001/formcubitquity.pdf
NOT AN OFFER TO SELL SECURITIES. Information contained on this press release is not an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Read the full Securities Offering Disclaimer.
Not a Broker-Dealer. Ubitquity is neither a registered representative under the Financial Industry Regulatory Authority (“FINRA”), a member of FINRA or associated or Affiliated (as defined below) with any member of FINRA, nor a broker-dealer registered with the SEC under the Exchange Act of 1934 (“Exchange Act”) or engaged in a business that would require it to be so registered, nor is it an Affiliate of a broker-dealer or any Person engaged in a business that would require it to be registered as a broker-dealer. Read the full Broker-Dealer Disclaimer.
