Utrum: Incentivized Review Platform

in #utrum7 years ago

The existence of cryptocurrency has gone conventional as large population of people of the world has adopted the technology, resulting to the increase in the numbers of investment in the industry because the Cryptocurrency Blockchain provides everyone with easy asses to to the technology and allows anyone both the experienced and the inexperienced to participate.

As a result of the widespread of this technology, there are also increase in the numbers if intricacies that grows with it. thereby increasing the level of risks and insecurity and also causing confusion for people that want to invest because there are many digital assets so it's difficult to spot out the the genuine ones to invest in as people are afraid to invest in a fake asset.

The major problem faced by Cryptocurrency is the high rate of fake projects which is more difficult to differentiate between the real and the fake ones because there is no concrete information that can provide at least 80% authentication of a digital asset like Icos and Coins. Thereby, denying the real projects of sufficient investors and on the other hand, the fake ones are winning more in the industry as lots of investors have fall their victim, resulting to the level of trust people have in the Cryptocurrency technology.

Different measure has been taken to search for a means of ending this long term problem but no reliable one until a new technology was created to make a lasting solution to these problems which is the Utrum

What is Utrum

Utrum is a decentralized platform providing reputation-based and quality-curated Crypto reviews, analysis, and market predictions for cryptocurrency investors and newbies. 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.
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Utrum will implement a quality control process to offer a more genuine information that investors can rely on.
This Blockchain based technology will be able to provide transparency and security in the Cryptocurrency industry.
The utrum aims to provide the solutions by Protecting the identity of the investors thereby reducing the rates if challenges faced while creating unbiased review

Also it will provide a more secured platform so as to make sharing and accessing information more secured for both investors and contributors.

The platform aims to provide a self-regulating community of authenticating all the information within the ecosystem.

Features Of Utrum

  1. Rating Sytem : This system will help the investors or the use to know the authenticity of digital assets like the Icos and Coin.

  2. Comprehensive Database : This will serve as the basic foundation of cryptocurrency investments where the platform will have a list of all all digital assets in the industry as well as the teams and financial details of each projects.

  3. A background information that will help investors reduce the risk of Cryptocurrency frauds.

Other features of Utrum includes: Machine Learning Algorithm, Built-in reward system, and Dynamic reputation system.
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Roadmap

As with most blockchain projects, Utrum believes in practicing agility in there planning and implementation. However, they have set up what they believe are some very attainable major milestones in the launch of the Utrum Platform.
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About Token

The OOT token is an utility token used within the utrum platform,
Investors and members will be able to use this token to access in depth analysis and market predictions.
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Thanks for reading , I am Folajuwon on Bountyhive

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This is a great innovation for the cryptocurrency industry.

Great project,this worth contribute on

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