More and more people are introduced to cryptocurrency every day. The growth, however, isn’t as monumental as expected because of some factors like how legit it is and the threat of scammers disguised as ICO projects. In truth, many people dabble into cryptocurrency because of the juicy offers that ICO marketers bring to our faces. I myself got fully involved into cryptocurrency through an ICO I participated in last year September. I got lucky as it was a serious project. Not many people are that lucky. Several ICO projects have carted away investors’ money without looking back. It is not like the investors are naïve or anything. Some scams are so daring with their projects that you feel without doubt the possibility of them being criminals is out of the question. This fear of scam ICOs have cast a doubt on the minds of many people whenever the idea of getting into crypto is introduced to them.
Individual attempts have been made in a bid to go a bit further towards verifying information about new projects springing up. This is done when the smart investor makes forums and search engines a trusted friend however, they still face the same common problem of verifying. I mean, how do you vouch for the authenticity of a broadcast message you receive on Facebook claiming solar flares from planet krypton are coming to fry your smartphone’s motherboard?
By creating a unique decentralized ecosystem via the Komodo blockchain technology, Utrum will solve the problem of unfounded data and information relating to ICOs or cryptocurrency assets and other similar investments. This will work by gathering individuals together who will be rewarded with incentives for using their skills and knowledge to share proven information on related subjects. The authenticity of each individual and their information is gauged by ratings on the platform to guard against bias and wanton manipulation. This decentralized verification ecosystem is poised to deliver the following:
Security
If you want to get vital information pertaining to crypto updates or investment suggestions, then this platform is well secured for it. People who have verified information to share can also make use of the blockchain platform.
Confidentiality
Without interference, reviews are going to be undiluted and unbiased. Because blockchain masks the identity of the contributors, they are protected and so can go all in to deliver the highest quality information. Whether good or bad review, as long as it is undiluted information, it will have a massive impact on the user that needs it.
Ownership
Where contributors and members are gathered to confirm and validate the quality of the information provided is actually an ecosystem that can be said to be owned by the users themselves. All participants are responsible for the authenticity of the information while also benefitting from the network.
The Utrum platform will host a lot of features in order to work efficiently. OOT tokens, which are the tokens for Utrum will be needed in order to access the ecosystem. Market predictions, technical and fundamental analysis as well as exclusive advice on other cryptocurrency related services will be available within the platform. While these OTT tokens are needed to access the Utrum network, all participants can also earn OOT tokens right there on the platform based on the unique way in which they contribute. These tokens will also be tradeable on cryptocurrency exchanges. The Utrum ICO is also another way you can earn OOT tokens. The project is going to be exciting as it will guide interested members of the cryptocurrency society by dishing out validated information and true to the core reviews on requested subjects.
Token Sale
Pre ICO runs from April 24 – May 10 (inclusive 30% bonus)
Main ICO runs from May 20 (no bonus)
Exchange price 1 OOT = $0.12 USD
Bitcoin, Bitcoin Cash, Komodo, Z-Cash, Dash, Litecoin accepted as payment options
Website – https://utrum.io
Whitepaper – https://utrum.io/docs/utrum_white_paper.pdf
Telegram – https://t.me/utrumdotio
Twitter – https://twitter.com/utrumdotio
Facebook – https://www.facebook.com/utrumdotio/
BH - Coltpython