Gianluca Panelli
TacticalGains
Published in
3 min readMay 26, 2018

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Utrum, Incentivized Review Platform: the first Komodo Based ICO

What is Utrum?

Utrum is one of the first ICOs collecting funds via Komodo Dex Platform, allowing users to contribute in a full decentralized way.

The Utrum platform features a simple User Interface that let cryptocurrency investors and newbies to create reputation-based and hi-quality crypto reviews, analysis, and market predictions.

What are the strengths of Utrum?

  • They share the revenues generated by the platform with the user community.
  • They provide a solution to real problems related to the blockchain ecosystem: lack of credibility and trust in crypto-projects, no incentive to analyze and research projects, no clear metrics and many others.
  • Komodo Platform ensure many advantages: OOT (their utility Komodo Based token) will inherit privacy features of zero knowledge zk-snarks, Atomic Swap technology, minimal transactions fees and fully scalable and lightning fast transaction speed.
  • Platform more advanced than competitors:

OOT token and other parameters of the platform:

  • OOT Tokens: Utrum Tokens, called OOT tokens, are the cryptocurrency utility tokens used within the Utrum platform. Members can use OOT to seek expert advice or buy and sell crypto-related services within the platform marketplace. Crypto developers can use OOT to make promotions. Contributors and members within Utrum also earn OOT tokens as rewards based on their contributions.
  • 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.
  • Trust Factor Score (TFS): Trust Factor Score, or TFS, is a scoring system for translating community trust into a meaningful and measurable metric. A TFS is given to cryptocurrencies, ICOs, analysts and members.
  • Member Vote Coefficient (MVC). All contributors within the platform may participate in any rating process and every member has a coefficient, which begins as 1 by default. The coefficient is used to determine the weight of the voter.

ICO Model

  • PLATFORM CONTRIBUTORS (50.0%) released based on the content
  • DEVELOPMENT TEAM (15.0%) locked and 33% per year distribution
  • OPERATIONS RESERVE (10.0%) locked for 2 years
  • TOKEN SALE (23.0%)
  • BOUNTY AND REFERRAL PROGRAM (2.0%)
  • 54 MILLION CIRCULATION SUPPLY
  • 216 MILLION TOTAL SUPPLY
  • SOFT CAP $1 MILLION
  • HARD CAP $5 MILLION
  • 1 OOT = $ 0.12 USD
  • Week 1 (21 May — 28 May)Discount 15% on all coins
  • Week 2 (29 May — 04 June) Discount 15% on all coins
  • Week 3 ( 05 June — 12 June)Discount 10% on all coins
  • Week 4 (13 June — 20 June)Discount 5% on all coins
  • REFERRAL BONUS 5%
  • BUY LIMIT Min $60, Max $60,000

ICO is open and you can contribute immediately from this link: https://utrum.io/tokensale/

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