https://cdn.meme.am/cache/images/folder93/600x600/14062093/drake-confused.jpg

This is my layman’s explaination of what UBIQ is.

What is Ubiq?

UBIQ is the stable enterprise-ready build of the Ethereum blockchain. So basically it will allow business to use their platform for Dapps ( decentralised Applications) which will not see any major changes to the Platform such as ( Hard forks or soft Forks)
Enterprises can rely on the UBIQ Platform to remain usable. Basically Ethereum but a basic version which is consistent and all the scaling and upgrading has already been worked in so there is no need for future changes. 

According to the website “ The UBIQ blockchain acts a large globally distributed ledger and supercomputer allowing developers to create decentralised and automated solutions to thousands of tasks which today are carried out by third party intermediaries”

How are the charts:

![](https://steemitimages.com/DQmWRpcs1cPtXATBEjaiFNszeBdoaSXSnv7byGz68AuKBBv/image.png)
 
The charts show that the price action has come all time highs. The coin has only been available since 02 August 2016 and was only trading at a few cents. Since then has since a massive rise in price since late May 2017. 

Subsequently the price has begun to fall (like all other Cryptocurrencies in the market currently.) I would expect the price to continue downwards towards the 0.0002500 BTC amount as a form of correction. 

How does it compare: 

  ![](https://steemitimages.com/DQmPnKtZkmQpmSoDVMCugSf67sBPLxFHRM3tjGDV9ozGenV/image.png)

Currently, UBIQ is ranked 52 on coinmarketcap.com. it has a market capitalization of $51, 976.773 US and there is 37,338,831. The coin is minable which mean you are able to collect more coins through a mining rig. 

Final thoughts: 
The value proposition for UBIQ is that it is “Stable” there are no further major programing or platform changes expected in the near or distant future. Therefore company can base and plan there projects of it with some consistency and not have worry about major changes. It is compared to what Ethereum Classic offers and is a great alternative. It’s only short coming is its strength if companies and enterprises do feel that the a stable Ethereum blockchain is sufficient and they require something that can be dynamic then this project may not be as good as it seems. 

I would say that this would be an interesting Crypto to keep an eye out for and maybe have a small investment in because it will cater to a lot of companies needs. 

Also for more in depth analysis, have a listen to this review by " cryptobud" extremely informative as the how this is a "Crypto Asset" and how UBIQ platform will provide the stability and to do this better than Ethereum

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

If you enjoyed please upvote, comment and resteem have a great day