The rate at which the cryptocurrency market has grown over the years has increased opportunities in industry.The rate at which tokens is been traded for has really been high. crypto currency market is vastly wide , which is has a result of market capitalization which has increased immensely.
The rate of growth is triggered by the public acceptance of crptocurrenciees and blockchain technology. The major reasons behind this sudden growth in the adoption of cryptocurrencies and the blockchain technology are the advantages it provides and easy usability it gives.
Advantages include :
*good usability
*Minimal cost
*Good accessibility
*More reliable than banks
As the cryptocurrency industry evolve so there are inherent complexity evolving with it, unlike traditional market where certain predictable and time-tested economic and technical factors help the skilled investors make smarter decisions cryptocurrency is still inherently unpredictable 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. Having this, most cryptocurrency investors either skilled or unskilled are finding it increasingly difficult to distinguish between good and bad crypto investments.
Because of the unregulated nature of the cryptocurrency industry, it is up to the community to provide the needed measure to authenticate and educate investors thus they look up to other community members to get the needed information. In the hope of getting an unbiased and quality information, they seek to get information from online communities such as the reddit, slack, twitter, facebook, discord and telegram but this approach may fail because there is no assurance of the authenticity of the information they provide.
Utrum is solving the cryptocurrency trust problems through 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.source
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A secure platform for those who wish to share information and those who wish to access information that is the contributors and investors respectively. The information and metric shared regarding a particular investment opportunity such as review, prediction and opinion are provably immutable and cannot be altered.
The platform ensures that the identity of the contributors or review providers is kept confidential while maintaining the quality of the information provided. This promotes honesty without consequence if or when negative information is shared. This will help promote good behavior in projects or ICO.
Utrum will create a profile of every cryptocurrency there is. These profiles will contain the basic information on what the project is all about, the reviews and analyses by the users of the platform, and reviews and analyses on the team behind each project. Developers can also create business pages which will be open for transparent reviews, analyses or assessments on the platform by users.
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