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㈠ A friend asked me to buy UBank (Is UBEX a pyramid scheme?

In recent years, the number of projects in the currency circle has been increasing. There are not many reliable projects, and the models are all It is similar to a pyramid scheme, but this is a normal phenomenon, because the growth of each currency requires membership. To be fair, ubank is one of the better projects. It not only has its own main network, but is also an exchange itself and belongs to the field of token payment. Blockchain project, please adopt it, thank you

㈡ What does Ubeidi do?

Ubeidi Group aims to realize the token economy, Eddie Chong unites the world for digital cooperation Organization (WDEC) co-chairman Dr. Xu Gang and blockchain experts in the industry launched a new book "The Token Era".

On March 31, 2021, China UnionPay issued a special statement. The full text is as follows:

Recently, our company has noticed on the Internet information about the issuance of Ubank digital asset UnionPay cards and the development of virtual currency and other businesses in the name of "Ubeidi". After verification, China UnionPay has never had any relationship with "Ubeidi" To carry out any cooperation, Ubank digital asset UnionPay cards have never been issued.

Here, UnionPay reminds cardholders to guard against scams created by using concepts such as virtual currency and blockchain, and to safeguard their legitimate rights and interests.

Business scope:

Sales of self-developed products; organization of cultural and artistic exchange activities (excluding commercial performances); education consulting; economic and trade consulting; Cultural consulting; conference services; arts and crafts design; computer animation design; business management; business management consulting; hosting of exhibitions and display activities; data processing (except for bank card centers in data processing and cloud computing data centers with PUE values ​​above 1.4);

Technology import and export, goods import and export, agent import and export; software development; software consulting; sales of food. (Market entities independently select business projects and carry out business activities in accordance with the law; sales of food and projects subject to approval in accordance with the law , carry out business activities in accordance with the approved content after approval by relevant departments; shall not engage in business activities of projects prohibited and restricted by national and municipal industrial policies.)

The above content refers to the Internet-Eddie Chong

㈢How much will Ubeidi rise to by the end of this year?

Ubeidi will not rise much by the end of this year. The specific amount cannot be given. Ubeidi’s momentum is not yet clear. It’s not very good. It is recommended that you sell it as soon as possible. Since the first release of Beidi Fund in June 2019, the value of Beidi Fund has skyrocketed. Countless Youbeidi communities that have worked hard with Youbeidi have even made crazy profits of 2500%. Youbeidi DI Fund is hailed by the industry as the most promising blockchain incubation fund and one of the most successful incubation funds.
Extended information:
Fund types in the market
Fund classification risk from low to high .
1. Monetary funds: Monetary funds have the characteristics of high security and high liquidity. Usually, money funds lose moneyThe possibility of losses will be very small. Investors only need to choose a fund company with strong risk resistance. Monetary funds are more suitable for prudent and conservative investors to invest.
2. Bond funds: Bond funds invest in bonds with fixed expected returns such as national bonds or corporate bonds. They have the characteristics of redemption at any time. Usually, bond funds will fluctuate in the short term. It will grow steadily in the long term, which is more suitable for prudent investors and can better meet the safety needs of investors.
3. Mixed funds: Mixed funds can invest in all targets of other funds, so their risk levels can also be adjusted. Generally, they will be bond-based, stock-based mixed funds, or balanced funds. . Therefore, investors can choose funds based on their own risk preferences. The risk level is medium to high risk.
4. Index funds: Index funds track indexes. Compared with other funds, they are less dependent on fund managers. Because they have the function of tracking the target, their information transparency is higher. The general risk level is high risk.
5. Stock funds: Stock funds are the investment funds with the highest risk in fund investments. Since its investment target is the stocks of listed companies, it is highly volatile, so it is very important to choose a better fund manager. The better the manager, the better the fund allocation and investment strategy, and the higher the profit may be.
6. Other fund types: Hedge funds, feeder funds and enhanced funds are developed on the basis of regular funds. These funds have their own investment advantages and different risk levels. Generally, they need to be carried out according to specific circumstances. analyze.

㈣ What to do with the money in Youbeidi in 2021

We can only wait for legal sanctions and whether the money deposited can be recovered.
Ubeidi is divided into two parts: Xu Gang is controlled remotely from abroad, and the domestic puppet core helps the evildoer and spreads Xu Gang's MLM concept crazily. This kind of behavior of collecting money domestically and spending it abroad is bad and will definitely be severely punished. Therefore, there is no doubt that a few core members have been arrested, and there is no room for maneuver at all. So we can only wait for legal sanctions and whether the money deposited can be recovered.
Extended information: 1. China UnionPay issued a statement on its official website on March 1, saying that recently, China UnionPay has noticed that there have been publicity and issuances of Ubank digital asset UnionPay cards on the Internet in the name of "Ubeidi", and the development of virtual currency and other businesses. Information.
After verification, China UnionPay has never carried out any cooperation with "Ubeidi" and has never issued Ubank digital asset UnionPay cards. Here, UnionPay specifically reminds cardholders to guard against scams created by using concepts such as virtual currency and blockchain to safeguard their legitimate rights and interests.
2. The trilogy of "Ubeidi" routines:
1. Fictitious investment projects that can obtain high profits to attract investors to invest in mining (the UBG consensus plan was introduced, claiming that the mining pool has 700 billion UBG coins, 1 UBG is equal to 0.1USD, to induce investment);
2. Use "lock-up mining, double income" as the basissection, tricking investors into locking up their invested funds (promising to invest 100,000 UBNK to purchase a mining machine worth 17,000 USD, enjoy 3.5 times the income of the mining pool, and an additional 0.3% daily income.);
3. Use the two mechanisms of "sharing acceleration and community acceleration" to induce development offline and obtain high profits.
3. What is the essence of Ubeidi
1. Its predecessor was a wallet disk, but it could not run in the later period. In order to avoid supervision, the system was revised and changed to its current name.
However, no matter how the system is modified, the soup does not change, the platform still uses the "static + dynamic" MLM model of attracting people.
2. To put it simply, static income means that investors first invest a part of the funds, and after a period of fermentation, they are released in proportion to earn high interest. According to the platform, the monthly income is 23%.
3. The dynamic gameplay is even simpler. Although the rewards are divided into two sections: "Sharing Acceleration" and "Community Acceleration", the two sections ultimately have the same meaning: pull more heads. The more heads you pull, the greater the reward. Naturally, the greater the ratio, the greater the proportion of funds released.

5 Gyms across the country are struggling to make ends meet, but fitness meals are bucking the trend and experiencing explosive growth

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June 17 According to news, 24 Hour Fitness, the world's largest gym chain, filed for bankruptcy protection and announced the permanent closure of 100 gyms and large-scale layoffs. Under the epidemic, domestic gyms are also struggling. Industry insiders say there are more than 3,000 gyms across the country. Gyms have not survived the epidemic period.

Gym business is hard to do, but fitness meals are good news:

Also on June 17, Fitness has just completed its first round of financing of 12 million yuan. The fat-reducing meal brand Super Deer Team launched the brand code LU and surged 257% on the first day.

Super Deer Team, which has developed 400 stores across the country, bucked the trend and raised funds, and joined the industrial zone The blockchain camp has released a signal: fitness meals have entered a new era of brand chain development.

The 10 trillion health industry is increasing its focus on healthy meals

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—— ——

The essence of business is to release human nature.

In the catering field, there is a pair of human nature Paradoxes are always moving forward in "fighting". To release one, the other must be imprisoned:

One is "gluttony", only delicious food cannot live up to it;

The other is "gluttony" "Want to be thin", fat people hope to become thinner, and thin people hope to be thinner.

Who can release the desire of "gluttony" and "want to be thin" that are deeply rooted in human nature at the same time? can achieve business success, fitness and fat-reduction meals are a commercial species under this demand.

Because it is deeply rooted in human nature, the fitness and fat loss meal track has many competitors and attracts countless attention. In 2019, the scale was nearly 200 billion, and it is expected to exceed 400 billion in 2023. However, the inherent contradictory nature of this category makes all players "dance with chains", and there are very few branded and large-scale companies.

Recently, the fitness and fat-reducing meal brand "Super Deer Team" announced the completion of the first round of financing of 12 million yuan (led by Foodie Mainland, followed by the Ubeidi Foundation), providing support to the sluggish healthy meal industry. Injected new vitality.

Unlike the healthy meal brands that received investment based on their "concept" a few years ago, Super Deer Team has been developing for more than 4 years and has opened more than 400 chain stores in 150 provinces and municipalities across the country. A brand with “proof”.

The Super Deer Team, which started in Nanjing, has opened more than 400 chain stores across the country

Moreover, the Super Deer Team has jointly established the national enzyme industry The standard fitness drink brand "Meiri Sanxing" has settled in the "Lufen Community" - a mutual help and autonomous community formed by "stress-free weight loss" groups.

"Lufen Community" uses the blockchain economic model design to connect weight-loss demanders, experience holders, professionals, and weight-loss product suppliers to a platform. It plans to use the community in 3 years Build China's largest slimming diet ecological community, allowing 100,000 people to realize their slimming dreams, and 1 million people to benefit from the slimming diet ecosystem.

LU is a community brand code initiated by the "Lufen Community" based on the Ethereum ERC 20 protocol. The total issuance is 1 billion, of which 60% is used for community mining and 20% is allocated to early contributing fans. , 15% will be rewarded to the community operation team, and 5% will be used for community cold start phase contribution rewards.

In the consumer market, businesses are always willing to move closer to traffic gathering places. "Lu Fen Community" has attracted inquiries from many brands. The community team will introduce high-quality brands at different stages according to the intentions of community fans and put high-quality weight loss and slimming products on the shelves.

In the "Lufen Community", LU is a community pass, and almost all consumer payments need to be completed through LU. As the Super Deer Team expands its business scale and increases operating efficiency, every fan in the Deer Fan community will receive more value benefits from holding LU. This will inspire fans to take the initiative to make more contributions to the development of the Super Deer Team. As a result, Super Deer Team and fans have formed a community of interests and share the benefits of brand development.

The new value concept and business model bring great room for imagination to the Super Deer Team. At 10:30 on June 17, the brand code LU was officially logged into the catering industry brand value transfer platform EAT.FAN, with a cumulative increase of 257% on the first day of launch.

Support LU priceWhat’s rising is the hundreds of billions of weight-loss diet market behind it, the huge community user base and the innovative gameplay of “blockchain + weight-loss diet”.

The market price of LU token is bullish on the first day of listing on EAT.FAN

Regarding the industry trend of healthy meals, Mu Zilong, founder of Super Deer Team, believes that, In the future, the health industry related to weight loss will be a new investment outlet.

The Fifth Plenary Session of the Central Committee of the Communist Party of China in 2019 proposed to elevate Healthy China to the national strategic level. According to relevant national plans, from 2019 to 2023, the average annual compound growth rate of my country's big health industry will be approximately 12.55%. In 2020, " The "Healthy China" theme activity will bring a market size of 10 trillion yuan to the big health industry. In 2023, the scale of the big health industry is expected to reach 14 trillion yuan; in 2030, it will exceed 16 trillion yuan.

Not only stepping on the trend of big health trends, Mu Zilong revealed that the financing obtained this time is also because Super Deer Team has joined the industrial blockchain camp and will use the concept of blockchain decentralization and trusted digital ecological technology, continue to attract a large number of weight loss users.

This design is because “slimming” is a common potential need of almost all people.

First of all, there are the needs of obese people:

Obesity, as a "civilized disease" in modern society, is still on a growing trend for a long time. Data show that in 2019, the number of obese people in China exceeded 250 million, and the obesity detection rate has exceeded 10%. The proportion of obese children in urban primary and secondary schools has exceeded 20%, and the number of overweight urban adults has reached nearly 40%.

Secondly, there are the needs of people who are not obese:

Weight loss is not only a lifelong career for women, but also an eternal topic among young people.

Data shows that 95% of women are eager to lose weight, and the proportion of men eager to lose weight is also as high as 70%. The awareness of weight loss among those born in the 2000s is also getting stronger and stronger.

In terms of age distribution, data from the National Bureau of Statistics shows that there are currently 228 million people born in the 1980s, 174 million people born in the 1990s, and 147 million people born in the 2000s. There are 440 million potential consumers of healthy meals.

Functional slimming food market size

It is expected to exceed 400 billion yuan in 2023

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The best business model is to satisfy human nature. Faced with people’s “endless fat loss”, healthy meals seem to have endless money.

Based on consumption data over the past year, Tmall released the six annual food trends in 2020 on December 27 last year.: Food for one person, fitness meals, supplements, origin, cross-border products, fast food for lazy people.

A research report from iiMedia Data Center pointed out that China’s functional slimming food market reached 194.53 billion yuan in 2019 and is expected to grow to 402.08 billion yuan in 2023, with an average annual compound growth rate of 19.9%.

There are many people competing for healthy meals, but the fish in the water are not big yet

— — —

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"Even if you do nothing, there will be more and more people exercising in China, and the demand will become stronger and stronger." Qian Chen, founder of Lemon Awakening, believes that healthy meal companies enjoy is a bonus for the fitness industry.

The weight loss industry has many intended consumer groups and the market is vast, attracting a large number of healthy meal entrepreneurs to join.

Everyone has different names, some are called "fitness meals" and "fat loss meals"; some are called "light meals" and "light body meals"; and some are called "nutritional meals" . However, the same thing is that they all emphasize fresh ingredients, scientific proportions, and controlled calories. This article refers to them as "healthy meals."

The "Light Food Consumption Big Data Report" released by Meituan Waimai in October 2019 shows that in 2018, the number of "light food" merchants on Meituan Waimai increased by 119.8% year-on-year, and the number of "light food" orders exceeded 26.62 million orders, a year-on-year increase of 157.9%, and the consumption amount increased by 159% year-on-year.

The number of searches for the four keywords "light meals, fat-reducing meals, slimming meals, and healthy meals" on the Meituan APP has exploded, with year-on-year increases of 235.8%, 200.6%, 186.4%, and 116.0 respectively. %.

Growth of snack market in 2018

In this category, new elements, Wagas, There are brands with different sizes and characteristics such as Dakaishajie, Lustful Pie Salad, Pure Joy Life, Lemon Awakening, Shiwulian, Ruishi, Qi Shi San Lian, etc.

Overall, healthy meal brands are mostly concentrated in first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen. New Element and Wagas are strictly comprehensive restaurants with healthy meal concepts. Most of the independent brands focus on healthy meals. It is still troubled by the pain points in the early stages of category development, which are mainly reflected in several aspects:

1. The taste design is anti-human: In order to maintain low-fat, low-calorie, nutritious and original taste, healthy meals cannot deeply process the food, and try to Lightly seasoned, the cooking methods are mostly boiled, steamed, grilled, or simply eaten raw. Compared with crayfish, barbecue, spicy hot pot, etc., healthy meals have little taste, making it difficult for people to think about the next meal after eating it.

2. The overall customer price is high: ScienceProportion is the threshold of the healthy meal industry, and the highest cost expenditure is the ingredients. The reason behind the failure of healthy meal companies to develop on a large scale is the fragmented state of the supply chain, which is reflected in the terminal. The unit price of fitness meals is very high, basically 30 yuan. To start, the high-end price is around 200 yuan.

3. Demand is relatively dispersed: Although health is a national demand, compared with daily meals that require high frequency, the target group of healthy meals is vague and scattered. Just like beauty is a common need but we don’t know who has a medical beauty plan, people who decide to replace their daily meals with healthy meals are also difficult to find, and even if they get it, they only consume it in stages.

4. The effects are relatively long-term: Adjustment of eating habits, or healthy meals, requires a cycle to see effects. This is also the reason why many brands are sold in units of weekly packages and monthly packages, and most consumers do not have the determination or objective conditions to eat healthy meals for more than a week - they are easily interrupted by social activities, meals, etc. In addition, periodic packages increase the cost of consumption decision-making, and the consumer group also declines.

5. Professionalism is questioned: the simpler it is, the harder it is to make. Healthy meals involve many nutritional ratio issues. In order to cater to consumers’ desire to lose weight but also pursue taste, the healthy meal market has long been exaggerated. The packaging, ingredients are fishy, ​​nutritional deficiencies, exaggerated effects and other chaos make the healthy meal market a mixed bag, and professionalism is questioned.

Therefore, there are many pioneers of healthy meals and many contestants, but few have become popular.

The industry is shuffling amid pain points, and big fish will jump out of the water

————

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Whether it is the development scale of 400 stores in 4 years or the unique concept, the Super Deer Team is giving a new answer sheet, providing A new development paradigm for healthy meals.

We might as well compare the current pain points of the healthy meal industry one by one:

1. Taste changes from single to rich:

Nature and genes determine human taste preferences Better food. Mu Zilong believes that health and taste are not irreconcilable. Super Deer Team integrates multi-national cuisine fusion meals and has developed more than 100 fitness meals, including light fruit and vegetable juice series, muscle-building energy bowl series, super cold Noodle series, fat reduction and shaping series, plastic salad series and low GI spinach roll series, etc.

Super Deer Team Prawn Vitality Bowl

We strive to get rid of the inertia of "healthy meals are almost the same" and provide consumers with spicy and sour flavors. There are 17 flavors including hot and sour, Western and Thai, and each product is accurately labeled with nutritional ingredients, taking into account both deliciousness and science.

This can also be seen in consumer reviews.

2. The unit price per customer is 25 to 35 yuan:

Price is becoming a resistance to the scale of the healthy meal industry. In Mu Zilong’s view, the development trend of fitness meals at civilian prices is much better than those at high prices. Therefore, Super Deer Team’s products are priced at 25 yuan to 35 yuan. In the future, with more stores, its supply chain bargaining power will be stronger, and it can use scale to cut costs and provide more competitive terminal prices.

3. Combine with gyms to capture customer groups:

According to data from Euromonitor International, the number of gyms in China grew steadily at a rate of about 3% from 2014 to 2016. There is no strict timeline for the rise of healthy meals, but what is certain is that it comes with the trend of fitness consumption, and there is a high degree of overlap between fitness groups and healthy meal consumers.

Mu Zilong, who entered the fitness industry in 2006 and has operated more than 100 gyms, was able to rapidly expand Super Deer Team stores because he grasped the combination of gyms and meals.

In his opinion, many gyms are losing money. The water bar leisure area has no production capacity, but it still requires one or two service manpower. If it is changed into a restaurant bar, it can provide value-added services to members. , and can also deliver and take out, the water bar leisure area has changed from a cost center to a profit center.

Currently, 30% of Super Deer Team’s stores are joint stores opened in gyms. Mu Zilong said that there are currently 200,000 gyms and clubs across the country. If one out of every 20 gyms and clubs introduces the Super Deer Team, that would be 10,000 potential stores.

4. Focusing on “7 Days to Lose Weight”:

Mu Zilong observed that less than 1% of the fitness crowd actually succeeded in losing weight. The University of London in the UK surveyed 300,000 people A follow-up survey shows that less than 1/200 people successfully lose weight relying on exercise. At the same time, very few people can persist in going to the gym to exercise, and the cost of money and time is high. In contrast, "30% training, 70% eating", a diet to lose weight can achieve better results than fitness.

In terms of product cycle, the Super Deer Team does not strengthen the package too much, but only uses the product slogan, "A seven-day cycle, the more you eat, the thinner you get." This is the result of research and development after 1,600 athletes participated in product testing.

5. Professional team ensures professionalism:

In comparison, consumers who do not have fitness habits do not have a deep understanding of healthy meals. . Ingredients, cost-effectiveness, sensory professionalism, etc. will all affect their choice of healthy meals.

This determines that making healthy meals requires not only experience in catering, but also a foundation in nutrition, physiology and biochemistry.

"The level of professionalism is thisThe threshold for whether the business can last. "To this end, Mu Zilong consolidated the resources he accumulated in the fitness industry, hired full-time nutrition instructors from the top international nutrition organization IFBB to develop fitness meals, and also recruited 1,600 athletes to participate in the trial. Mu Zilong said that in the country, IFBB professional instructors are no more than 10 people, including 4 hired by Super Deer Team.

6. Diversified product layout:

Compared with the relatively single product line of traditional healthy meals, Super Deer Team’s The business has carried out a diversified layout and achieved multi-scenario coverage:

In addition, Super Deer Team has joined the blockchain, a new era of value Internet, so that the brand value can be spread among users. Connected and flowing freely, it also injects new blood into the healthy meal track.

The Super Deer Team connects consumers, franchisees, and brands with high viscosity through the brand code LU to form a community of interests. , jointly promote brand development, this new business philosophy is bound to give the brand development wings to take off.

“

The pain point of every industry is the survival and development of enterprises Opportunity.

The emergence of every new trend hides the code of social change.

Like what has happened in all emerging industries, under various pain points, the healthy meal industry is undergoing a round of reshuffle, and perhaps a big fish is about to jump out of the water.

·end·

Coordinator丨Liu Xiaohong Editor丨Ya Mei

㈥ The money in Uberidi in 2021 What should I do?

We can only wait for legal sanctions and whether the money deposited can be recovered.
Ubeidi is divided into two parts: Xu Gang is controlled remotely from abroad, and the domestic puppet core helps the evildoer and spreads Xu Gang's MLM concept crazily. This kind of behavior of collecting money domestically and spending it abroad is bad and will definitely be severely punished. Therefore, there is no doubt that a few core members have been arrested, and there is no room for maneuver at all. So we can only wait for legal sanctions and whether the money deposited can be recovered.
Extended information: 1. China UnionPay issued a statement on its official website on March 1, saying that recently, China UnionPay has noticed that there have been publicity and issuances of Ubank digital asset UnionPay cards on the Internet in the name of "Ubeidi", and the development of virtual currency and other businesses. Information.
After verification, China UnionPay has never carried out any cooperation with "Ubeidi" and has never issued Ubank digital asset UnionPay cards. Here, UnionPay specifically reminds cardholders to guard against scams created by using concepts such as virtual currency and blockchain to safeguard their legitimate rights and interests.
2. The trilogy of "Ubeidi" routines:
1. Fictitious investment projects that can obtain high profits to attract investors to invest in mining (the UBG consensus plan was introduced, claiming that the mining pool has 700 billion UBG coins, 1 UBG is equal to 0.1USD, to induce investment);
2. Use the method of "lock-up mining and double income" to trick investors into lock-up their invested funds (promise to invest 100,000 UBNK to purchase a mining machine worth 17,000 USD, and enjoy 3.5 times the income of the mining pool, and you can An additional 0.3% increase in revenue.);
3. Use the two mechanisms of "sharing acceleration and community acceleration" to induce development offline and obtain high profits.
3. What is the essence of Ubeidi
1. Its predecessor was a wallet disk, but it could not run in the later period. In order to avoid supervision, the system was revised and changed to its current name.
However, no matter how the system is modified, the soup does not change, the platform still uses the "static + dynamic" MLM model of attracting people.
2. To put it simply, static income means that investors first invest a part of the funds, and after a period of fermentation, they are released in proportion to earn high interest. According to the platform, the monthly income is 23%.
3. The dynamic gameplay is even simpler. Although the rewards are divided into two sections: "Sharing Acceleration" and "Community Acceleration", the two sections ultimately have the same meaning: pull more heads. The more heads you pull, the greater the reward. Naturally, the greater the ratio, the greater the proportion of funds released.

㈦ What is Ubeidi?

Ubeidi is another limited liability company. It was established in Beijing in September 2020. Its industry is technology promotion and application. In the service industry, the company's business scope includes: technology development, promotion, transfer, consulting, and services; blockchain technology development.

Ubeidi Group aims to realize the token economy. In March 2020, Eddie Chong, co-chairman of the World Digital Cooperation (WDEC) Dr. Xu Gang and blockchain experts in the industry launched a new book "Token era".

(7) Is Ubeidi blockchain payment legal? Further reading

Business scope:

Selling self-developed products ; Organizing cultural and artistic exchange activities (excluding commercial performances); educational consulting; economic and trade consulting; cultural consulting; conference services; arts and crafts design; computer animation design; business management; business management consulting; hosting exhibitions and display activities; data processing ( (Except for bank card centers in data processing and cloud computing data centers with PUE values ​​above 1.4);

Technology import and export, goods import and export, agency import and export; software development; software consulting; and food sales. (Market entities independently select business projects and carry out business activities in accordance with the law; sales of food and projects that require approval in accordance with the law must be approved by relevant departments and carry out business activities in accordance with the approved content; they are not allowed to engage in projects that are prohibited or restricted by the national and this city’s industrial policies. Business activities.)

What kind of company is Ubeidi?

Ubeidi is not a formal company. It is a scam created by using concepts such as virtual currency and blockchain.

On March 31, 2021, China UnionPay issued a special statement, the full text of which is as follows:

Recently, our company is concerned about the information appearing on the Internet about the issuance of Ubank digital asset UnionPay cards and the development of virtual currency and other businesses in the name of "Ubeidi". After verification, China UnionPay has never carried out any cooperation with "Ubeidi" and has never issued Ubank digital asset UnionPay cards.

Here, UnionPay reminds cardholders to guard against scams created by using concepts such as virtual currency and blockchain, and to safeguard their legitimate rights and interests.

(8) Is Ubeidi blockchain payment legal? Further reading:

Five departments including the China Banking and Insurance Regulatory Commission issued a reminder saying that some Under the banner of "financial innovation" and "blockchain", criminals absorb funds by issuing so-called "virtual currencies", "virtual assets" and "digital assets". Such activities are not truly based on blockchain technology, but are the result of hyping the blockchain concept to conduct illegal fund-raising, pyramid schemes, and fraud.

Such activities use "financial innovation" as a gimmick, but are essentially a Ponzi scheme of "borrowing new and repaying old", making it difficult to maintain long-term capital operations. The general public should view the blockchain rationally and not blindly believe in promises made by the public. They should establish correct investment concepts and effectively improve their risk awareness.

㈨ How much will Ubeidi rise to by the end of this year?

Ubeidi will not rise much by the end of this year. The specific amount cannot be given. Ubeidi's momentum is not yet clear. Not very good, I suggest you sell it as soon as possible. Since the Beidi Fund was first released in June 2019, its value has skyrocketed. Countless Ubeidi communities that have worked hard with Ubeidi have even made crazy profits of 2,500%. Ubeidi Fund is hailed by the industry as the most promising blockchain incubation fund and one of the most successful incubation funds.

Types of funds in the market

Funds are classified from low to high risk. 1. Monetary funds: Monetary funds have the characteristics of high security and high liquidity. Under normal circumstances, the possibility of losing money in money funds is very small. Investors only need to choose a fund company with strong risk resistance. Money funds are more suitable for prudent and conservative investors to invest. 2. Bond funds: Bond funds invest in bonds with fixed expected returns such as national bonds or corporate bonds. They have the characteristics of redemption at any time. Generally, bond funds will fluctuate in the short term but will be stable in the long term. Growth is more suitable for prudent investors and can better meet the safety needs of investors. 3. Mixed funds: Mixed funds can invest in all the targets of other funds, so their risk levels can also be adjusted. They are generally hybrid funds that focus on bonds, stocks, or balanced funds. Therefore, investors can choose funds based on their own risk preferences. The risk level is medium to high risk. 4. Index funds: Index funds track indexes. Compared with other funds, they are less dependent on fund managers. Since they have the function of tracking the target, their information transparency is higher. The general risk level is high risk. 5. Stock funds: Stock funds are the investment funds with the highest risk among fund investments. becauseThe investment target is the stocks of listed companies, so the volatility is high, so it is very important to choose a better fund manager. The better the manager, the better the fund allocation and investment strategy, and the higher the profit may be. 6. Other fund types: Hedge funds, feeder funds and enhanced funds are developed on the basis of conventional funds. These funds have their own investment advantages and different risk levels. Generally, they need to be analyzed according to specific situations.

㈩ What is Ubeidi?

Ubeidi Group aims to realize the token economy, Eddie Chong and Dr. Xu Gang, co-chairman of the World Digital Cooperation (WDEC) And blockchain experts in the industry have launched a new book "The Token Era".

Worked in the insurance industry from 2011-2013. With his personal strength and hard work, Eddie successfully became one of the top 100 insurance agents in Malaysia in 2013.

(10) Is Ubeidi blockchain payment legal? Further reading:

Eddie, current executive chairman of Ubeidi Fund, Ubeidi Global President.

Eddie is not only a senior entrepreneur, but also serves as a business strategy consultant for more than 100 companies. Eddie established Ubeidi Fund in 2019, which mainly focuses on incubating physical enterprise projects. Currently, it has invested a lot in games, restaurant chains, medical, and online enterprises, including UBEX, chain game players, Foodie Mainland, and Huo Yanshe and digital assets are the key targets.

He founded X Infinity and X-Pay in 2017. X Infinity, founded by Eddie, has won the GNS Genesis "Best Internet Finance Award" and Singapore's Satoshi United "2018 Best Cryptocurrency" Wallet Award”.