What Is Utrum?
Utrum is a new cryptocurrency platform that is reputation-based. It will provide reviews, analysis, and market predictions for the entire crypto space. This platform will be especially useful to those new to the cryptocurrency space who don’t have much experience. The ecosystem will incentivize participation on the platform with OOT tokens. There will also be “trustees” who are elected by members who will represent the network. Utrum has a lot of potential as a platform because there is significant demand for cryptocurrencies and information about new crypto projects. New investors and traders are always looking for new sources of information, and Utrum could provide newbies with a platform that they can trust.
Utrum’s Platform Provides Reviews, Analysis, And Market Predictions
On the Utrum platform, users will be able to access all types of cryptocurrency information. Users will be able to find reviews, analysis, and market predictions. The system will use machine learning in order to detect fraudulent practices and to provide accurate results for the community. There is a built-in rewards system where contributors and content validators will be rewarded with OOT tokens. The platform will also use a dynamic reputation score system which allows other members to rate users’ posts, reviews, and analysis. This keeps contributors motivated to continually provide accurate, helpful information.
The Market Problem And Utrum’s Solution
Cryptocurrency is exciting and new, and many investors have come to the space with the hopes of making significant gains. However, there are plenty of stories of new investors losing their savings because of a lack of cryptocurrency knowledge. Trying to search for insights on Twitter, Facebook, Telegram, or Reddit can lead to poor financial decisions. Utrum’s platform solves this problem by creating a place for unbiased information and metrics on cryptocurrencies and ICOs. Utrum utilizes blockchain technology in order to guarantee the security, confidentiality, and ownership of the information provided. The information will be validated by members and contributors without the problems centralized platforms typically face, like corporate interference or content censorship.
The Project Roadmap
Here is the Utrum roadmap:
Concept, September, 2017
Team announcement, October, 2017
Project announcement, December, 2017
Whitepaper, February, 2018
ICO token sale, April, 2018
Exchange listing, May, 2018
Alpha, Fourth Quarter 2018
Beta, First Quarter 2019
The roadmap isn’t a tremendously long one, which should soothe investors. Because the Utrum project is coming to the market so quickly, users won’t have to wait years until they can try out the platform. This means accurate and helpful information will be accessible to new cryptocurrency investors relatively quickly.
Utrum is a relatively new project, but the team has done a tremendous job of spreading the word and raising awareness (https://bountyhive.io/join/Utrum). Cryptocurrency enthusiasts are excited about the platform because it could help new investors find their footing in the space. Having a trusted platform where new investors and traders can learn more about crypto will raise the level of market confidence for the entire space. And more market confidence means more liquidity and ultimately higher prices. It will be interesting to watch how the rest of 2018 plays out. But Utrum could be one of the cryptocurrency projects that ends up making a big splash.
Written by: liveheart
BountyHive ID: liveheart