I just came across a heaven sent ICO for all the crypto enthusiasts on STEEM blockchain. Since STEEM is a crypto-project, a great deal of (active) people on the site are interested in and invested in various cryptocurrencies in varying degrees. But I'm sure that we all faced one common problem.
Digging out the information was HARD!
It doesn't matter if you are noob or a pro, it is a pain to get all the information. Personally I use Reddit, Twitter, Steemit, Medium, Official Websites, YouTube, Whitpapers and Random Internet Browsing to satisfy my need for the right information about the projects. But that's when I actually know about the project. Stumbling across a great project is even harder. There are so many crypto projects popping up all over the world it's hard to keep a track of. Steemit has been really helpful but not helpful enough.
We do have analysts and reviewers on Steemit and YouTube. But they are not that easy to navigate. Neither Steemit nor YouTube is specialized for discovering Cryptocurrencies. Discord and other online communities can help. But even they aren't purpose built for the job. A great deal of time is wasted going through these information sources. Without accurate information, we can't really make good investment decisions. Also don't forget about the exhaustion.
Utrum solves all those problems and it is Private & Decentralized to the ICO
Utrum is pronounced as “Oothrum” in Latin. It means “Whether” “or” and according to the creators, it is the best fitting nae for the project and they have named their token OOT based on the pronunciation. Here is the list of things they claim to do and tell me if it isn't a wet dream:
- A comprehensive database of all crypto related products and services with team, product, news and market details.
- Reviews and Ratings for Cryptocurrencies / Tokens / ICO and related crypto services.
- Technical / Market / Educational crypto analysis by experts.
- Reviews are populated by crowd wisdom and Artificial Intelligence.
- Members can ask questions and get professional advice from Experts.
- Marketplace to buy and sell Crypto related services.
- Knowledge base with crypto articles and videos to educate Crypto Novice.
- Networking place to meet other crypto enthusiasts.
- Background checks of ICO/ Crypto developers by investigative analysts. Social Media, Search engine, domain checks of the team members including call and vouch.
- Machine Learning Reputation system “Trust Factor ” will learn rating patterns and results as the community grows to avoid fraudulent practices.
- Contributors and members are rewarded for their reviews and ratings with $OOT tokens. Analysts can earn tokens for in-depth tech and market analysis.
- Institutional investors and other members can access in-depth technical analysis and market prediction analysis of Cryptos / ICOs with a premium subscription.
To give you an idea of how important and valuable this Utrum platform is I'd like to ask you to search about Palm Beach Confidential from Teeka Tiwari. It costs $4500 and only offer some basic crypto education and a list of recommendations. Most Cryptocurrency newsletters charge $1500 to $3000 and that is after a discount. Companies like Stansberry Churchouse Research are charging massive amounts of money and that alone isn't a problem. The real huge problem is that I always have to buy the whole package and I can't afford that much. i'm sure I'm not alone in this. Projects like Utum allow people to e flexible. It also puts all the resources in a single place. That makes life and investments so much easier.
Palm Beach Confidential editor Teeka Tiwari is widely considered as one of the premier crypto analysts in the world. In this advisory, Teeka uses a strategy called “asymmetric investing,” which allows you to turn small sums of money into life-changing gains. Teeka’s successfully used this strategy to create one of the best cryptocurrency portfolios in the world.
For people who doesn't know anything about Cryptos, Teeka will be a great expert. For those of us who have been around the market and understand things better, a professional newsletter worth few thousand dollars isn't worth it (Unless that's what how much money you make in a couple of days)
An interesting comparisons chart
The Komodo Platform and True Extremist Decentralization
Few months ago I wrote an article describing Enigma and Komodo as the real competition of EOS.
“Americans mythologize competition and credit it with saving us from socialist bread lines. Actually, capitalism and competition are opposites. Capitalism is premised on the accumulation of capital, but under perfect competition all profits get competed away.”
― Peter Thiel, Zero to One: Notes on Startups, or How to Build the Future
Every single ICO held on this planet is Centralized. It can be controlled by governments. If you live in China or USSA, good luck getting into an ICO. It isn't decentralization when potentially over a billion people are not allowed to participate. KMD is the only current exception. Just take a look at EOS.
It was decided that U.S. citizens, residents and entities should be excluded from purchasing EOS Tokens in the token distribution because of some of the logistical challenges associated with differing regulations in the many states of the United States of America. block.one does not believe that the distribution of EOS Tokens or the EOS Tokens themselves are securities, commodities, swaps on either securities or commodities, or similar financial instruments. The EOS Tokens are not designed for investment or speculative purposes and should not be considered as a type of investment. Nevertheless, U.S. citizens, residents and entities should not purchase or attempt to purchase EOS Tokens.
https://eos.io/faq
I have high hopes for EOS. But I know when something sucks at something. With Komodo Platform you can have a truly decentralized ICO with
- Atomic Swaps
- Zero-Knowledge Proof Privacy Technology
- Agama Wallet Integration Capability
- BarterDEX Integration Capability
Not only you get into the ICO in a totally Private & Decentralized manner, you also have immediate access to The Most Private Decentralized Exchange on the planet with 100+ supported coins.
Did I mention delayed PoW
Anything built on Komodo platform has At least Bitcoin level security as Komodo recycles the mining power of Bitcoin. With some additional improvements, whatever you build can be much more secure than Bitcoin. https://steemit.com/cryptocurrency/@vimukthi/the-case-for-pow-as-a-service-komodo-dash-and-mining-algorithms-discussion
While researching I even found @komodoplatform on steemit. I don't know if it is an officail page. But here is a great article where they explain the decentralized ICOs in-depth: https://steemit.com/dico/@komodoplatform/the-decentralized-ico-platform
Utrum ICO is on April 24th 2018
With Atomic Swaps you can buy into the ICO with KMD (obviously), Zcash (makes total sense as they even share some code), Dash (the best "Currency"out there), BCH & LTC (Fast and Cheap), BTC (Merely on the merit of first mover advantage and being ubiquitous). Following is Utrum explaining why it chose Komodo:
We have chosen Komodo over Ethereum, Neo and other platforms because of the following advantages:
-Komodo provides independent blockchain and Utrum is not dependent on Komodo at any time.
-Komodo provides bitcoin level security for the Utrum asset chain using delayed Proof of Work (dPOW) mechanism.
-Komodo integrates $OOT (utrum token) in to their multicurrency wallet (Agama) and decentralized exchange (Barterdex).
-Barterdex allows users to trade OOT with other coins, powered by cutting edge Atomic Swap technology.
-OOT to OOT transactions will have a minimal 0.00001 percent transaction fee.
-Fully scalable and Lightning fast transaction speeds as we have our own blockchain.
-OOT inherits privacy features of zk-snarks.
-Komodo provides coin agnostic API for Utrum blockchain.
-Utrum have our own OOT Explorer and OOT Native Wallet.
-Komodo dICO is as a Hack-Proof ICO process where the sale happens within the Atomic Dex exchange app like shapeshift using electrum servers. The sale process is completely decentralized without any point of failure. There are no smart contracts to be hacked and Attacker cannot change the receiving address as everything happens on the blockchain using atomic swaps.
If the above reasons doesn't convince you that this is a great project to keep an eye on, you are probably in some serious fact aversion/denial. If you need to keep an eye on more things, feel free to visit https://dexstats.info which is a highly valuable website. Happy investing & Wish you all MASSIVE profits :-)
