Utrum - Playbook for crypto investors

in #blockchain7 years ago

What is Utrum

Utrum is a decentralised community platform that rewards members for Crypto Reviews, Analysis and Market Predictions with $OOT tokens. It is a network that connects Crypto Investors, Novices, Developers and Crypto Analysts. We are solving the Cryptocurrency Trust problems through Crowd Wisdom, AI and Blockchain.The ecosystem is designed to reward participants in OOT tokens through an advanced implementation of crowd wisdom, AI, and member-elected “Trustees” who represent the best interests of the network. Utrum was born out of a Komodo Slack conversation between a few cryptocurrency investors. Founder and Project Lead for Utrum, Sridhar Panasa, had observed the multitude of scams, misinformation, and chaos plaguing the crypto-investment community at large. Having previously run a Threat Intelligence company, Sridhar has a habit of looking at new technologies from a strong security perspective.

How Does it works?

Utrum ecosystem relies on several other functions for its operation. These include:

1.OOT Tokens, 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.
2.Trust Factor Credits (TFC),Trust Factor Credits, or TFC, are credits used exclusively within the Utrum platform. Members and contributors earn TFC for their predictions, analysis, and ratings. TFCs are used in calculating the appropriate OOT reward earned by an action.
3.Trust Factor Score (TFS), Trust Factor Score, or TFS, is a scoring system for translating community trust into a meaningful and measurable metric.
4.Member Vote Coefficient (MVC), All contributors within the platform may participate in any rating process. Every member has a coefficient, which begins as 1 by default. The coefficient is used to determine the weight of the voter.

Features

1.A comprehensive database of all crypto-related companies and services with team, product and market details.
reviews, Ratings and in-depth analysis of all crypto-related products and services like Cryptocurrencies / Tokens / Exchanges / Wallets / Investment Funds / Gambling / ICOs. Reviews are populated by crowd wisdom, Artificial Intelligence, and Analysts.
2.Machine Learning Algorithm “Trust Factor” will learn rating patterns and results as the community grows to avoid fraudulent practices.
3.Background checks of ICO / Crypto developers by threat analysts.
4.Technical / Trading / Educational analysis by crypto experts. AI machine learning will improve the reviews and ratings provided by experts.
5.Contributors are rewarded for their reviews with $OOT tokens.
6.Members are rewarded for their ratings with $OOT tokens.
7.Knowledge-base with Crypto articles and videos to educate the Crypto Novice.
8.Members can ask questions and get professional advice from Experts.
9.Marketplace to buy and sell crypto-related services.
10.Institutional Investors and other members can access in-depth analysis and reports of Cryptos and ICOs with a premium subscription.
11.A community for crypto enthusiasts to meet and network

TEAM

Sridhar Panasa — Founder and Project Lead,Sridhar has over 10 years of experience as a founder and CEO of Threat Intelligence company.
M. Gürkan Aygörmez — Business Development, Gurkan has over 7 years of experience as a director.
Chris Van Maarseveen — Research & Development,Chris is involved with blockchain projects for 2 years. He is part of Komodo campaign team.

ROADMAP

Token matrix:

Token — OOT
Price 1 OOT = 0.12 USD
Platform — Komodo
Accepting — KMD, BTC, BCH, LTC
Minimum investment — 60 USD
Soft cap — 1,000,000 USD
Hard cap — 5,000,000 USD

Verdict

Utrum is a decentralized reward platform which will provide cryptocurrency stakeholders an ecosystem where they can share information in earnest. The Utrum team understands that as new blockchain technologies are being developed, it is increasingly difficult for investors to intelligently and informatively find the best cryptocurrency investments in the industry.

However , they have an untested market place and their concept needs some technical understanding. Also there’s a chance that volatility may occur after ICO in token price.

Reference

website : https://utrum.io

Whitepaper : https://utrum.io/docs/utrum_white_paper.pdf

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BCHBitcoin Cash1315.740$-4.0%-9.01%
BTCBitcoin9117.180$-1.86%-4.01%
CSCredits0.634$-1.19%-17.58%
KMDKomodo3.917$-3.67%-6.61%
LTCLitecoin147.144$-1.8%-9.91%