Cryptocurrency has gained more acceptance in our communities in past year. More and more people troop into the crypto world every day. Cryptocurrency have this gain because of its speed and security. This definitely has made it popular. But comes it success also comes it problems.
In recent years there a lot of problems faced by crypto investors everywhere. Both new and old investors face this the same problem. The problem is that the crypto market is not predictable this makes it so hard for investors to decide on what to invest in and it's not easy to predict how well a coin will do in market. Also with the recent popularity of the crypto world comes the scam project. Investors always rely on online reviews and member to member views on a particular coin to decide whether it is safe and good to invest in. But most times these informations are not accurate enough this give rise to the fear of running into scam everytime an investor wants to invest.
UTRUM wants to eliminate these problems by creating a platform that will give investment tips and educate old and new investors and also give the best reviews with the help of analysts on the platform, this will allow investors to decide what to invest in. The platform will also give rewards to its members who give reviews.
WHAT IS UTRUM
Utrum is a platform that provides unbiased information and metrics on cryptocurrency assets, ICOs, and other related investment opportunities within the cryptocurrency space. One of the initial challenges is incentivizing those who have the skills and knowledge to share with the community while authenticating these sources and assigning a trust rating to their content. While some centralized/privately operated solutions have attempted at addressing these issues, they do not address the most pressing problem of trust through bias and manipulation as discussed.
The utrum platform will provide a blockchain-based solution guarantees transparency, accuracy, and quality to provide trust for trustless parties. Utilizing the blockchain, Utrum will provide:
- Security for the reviews provided on the utrum platform so that it will not be meddled with. The utrum platform will store these informations and reviews on the blockchain so that it cannot be tampered with.
- Confidentiality of members and contributors. To make it more accurate the platform will not give the identities of its contributors so that the informations provided on the platform will be 100% unbiased.
- A decentralized platform that is kept in the hands of the users. Contributors and members of the platform will validate information provided on the platform. This will make the platform a self-regulating community of authenticating all information within the ecosystem.
The platform will also be able to reward contributors who give informations and reviews on the platform. This will motivate contributors to give quality information on the platform. The reward on the platform will be the OOT token.
FEATURES OF UTRUM
OOT token
Utrum Tokens, called OOT tokens, are the cryptocurrency utility tokens used within the Utrum platform. As a utility, they are used by investors and other members to access in-depth technical analysis and market predictions. Members can use OOT to seek expert advice or buy and sell crypto-related services within the platform marketplace. Crypto developers can use OOT to make promotions. Contributors and members within Utrum also earn OOT tokens as rewards based on their contributions. Although OOT tokens are a utility token for use within the Utrum platform, OOT will also be able to be bought or sold outside the Utrum ecosystem on cryptocurrency exchanges.
Token details as follows:
| Token | OOT |
|---|---|
| Price | 1 OOT = 0.12 USD |
| Bonus | Available |
| Bounty | Available |
| Platform | Komodo |
| Accepting | KMD, BTC, BCH, LTC |
| Minimum investment | 60 USD |
| Soft cap | 1,000,000 USD |
| Hard cap | 5,000,000 USD |
PARTICIPANTS ON UTRUM PLATFORM
- Cryptocurrency Developers: This are cryptocurrency entrepreneur who want to create a cryptocurrency or offer cryptocurrency related services. These set of people will be able to create their crypto page on the utrum platform so that contributors can review their project.
- Analyst: There are at least three categories of Analysts being introduced to the platform. (1) Threat Analysts will perform background checks. (2) Crypto Analysts will perform in-depth technical analysis. (3) Market Analysts will focus on trading and chart predictions.
- Members: This are the old and new investors of cryptocurrency that want an insight on what they want to invest in. They will be able to access informations on unlimited icos.
- ** Trustees**: The Utrum platform is a community-driven ecosystem with no centralization. However, moderators, called Trustees, will provide general oversight and input according to the best conduct, interest, and goals of the community. This set of people will moderate reviews and informations given on the platform.
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Thanks for reading I’m Samkol on Bountyhive.io