UTRUM- Easing Investment Process in Crypto world.

siddhipatel (25)in #utrum • 6 years ago

As the investment opportunities within cryptocurrency evolve, new complexities have grown with them, leading to confusion and increasing the risk level for even the more experienced investor. Unlike traditional markets where certain predictable and time-tested economic and technical factors help the skilled investor make smarter decisions, cryptocurrency is still inherently unpredictable. And with no trusted entity to ensure the authenticity of specific decentralized assets, ICOs, Coins, and TIFs (Tokenized Investment Funds) many scams, Ponzi and MLM schemes have sprung up. As a result, most cryptocurrency investors, skilled and unskilled alike, are finding it increasingly difficult to distinguish between good and bad crypto investments. This often leads to legitimate projects lacking sufficient investors while scams, overt or covert, generate false hype while collecting large sums of money.
Utrum is a platform which is the need of the hour as it is planning to provides unbiased information and metrics on cryptocurrency assets, ICOs, and other related investment opportunities within the cryptocurrency space.
CONCEPT:
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.
Utrum is building on the philosophy of leveraging crowd wisdom while subjecting collected information to a “trial by Jury.” According to Digital Maoism, the collective opinions based on this “Jury” model are more accurate when it does not define its question, in other words, the effectiveness of an answer can be evaluated using simple results that are numeric or empirical. In addition to the Jury model, Utrum will implement a quality control mechanism to filter information individuals rely on. On the Utrum platform, the collective does not create the questions. Instead, the collective simply answers whether the specific reviews, market predictions, and analysis are trustworthy. In this way, the collective engages through votes and rating the information provided. Ratings reflect the overall trust, people place in the information being provided by Contributors. To protect the system from manipulation and improve scoring accuracy, Utrum will use Artificial Intelligence to learn from community engagement and ratings.
FEATURES:
• Comprehensive Database of Cryptocurrencies and Assets
• Rating System
• Background Information
• Machine Learning Algorithm
• Built-in Reward System
• Dynamic Reputation System
WORKING

ROADMAP

TEAM
Sridhar Panasa - Founder and Project Lead
M. Gürkan Aygörmez - Business Development
Chris Van Maarseveen - Research & Development
VERDICT:
The concept uses a proven and often profitable market sector and it does have long term potential growth opportunities. Also ,the purchase of coins is Hassle free and there’s a lot of interest from early investors
However , they have an untested market place and their concept needs some technical understanding. Also theres a chance that volatility may occur after ICO in token price.
TOKEN MATRIX:
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
Country : India
Whitelist/KYC : Whitelist
Restricted areas : USA