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54 Million Circulation Supply

216 Million Total Supply

Soft Cap  $1 Million

Hard Cap  $5 Million

1 OOT = $ 0.12 USD

Bonus 30%

Token Holder Benefits

benefits

Token Sale

216 Million OOT

Token Allocation

  • Platform Contributors
  • Development Team
  • Operations Reserve
  • Token Sale
  • Bounty / Referrals

Funds Allocation

  • Development
  • Marketing
  • Operations / Infrastructure
  • Legal / Accounting

ICO Details

ICO Particulars

  • Name: OOT token
  • Ticker: OOT
  • Coin Type: Komodo Asset Chain
  • Total Supply: 216,000,000
  • Content Rewards Reserve: 108,000,000 (50%)
  • Bounty and Referral Tokens: 4,320,000 (2%)
  • Soft Cap: $ 1 Million USD
  • Hard Cap: $ 5 Million USD

Sale Details

  • ICO Process: Komodo AtomicDex Exchange App
  • ICO tokens: 49,680,000 (23%)
  • Exchange rate: 1 OOT = $ 0.12 USD
  • Accepting: Bitcoin, Bitcoin Cash, Komodo, Z-cash, Dash, Litecoin
  • ETH is not accepted because it is not yet integrated with Komodo
  • Referral Bonus: 5%
  • Komodo Bonus: 30% till 01 May
  • Token Sale will last till all the tokens are sold starting 10 April 2018.

ICO Process

  • Users can buy OOT tokens after registration
  • We follow KYC/AML process
  • Users will download AtomicDEX app and buy tokens using Atomic Swap Technology, powered by Komodo.
  • Users will have immediate access to wallet and their purchased tokens
  • Users can transfer their tokens to Agama multi-currency wallet
  • Users can check their tokens on OOT Explorer https://ootexplorer.com
  • Users can start trading their tokens on BarterDex a multi-currency wallet and decentralized exchange.

Funds Lock

Check our explorer to find the generated tokens

  • The operational reserve tokens will be locked for 2 years.
  • The tokens allocated to the platform contributors will be released based on the content.
  • Team tokens are locked for a time period and released 5% every year.
  • The first token release starts after 6 months of token sale – October 2018
  • Second release – October 2019, Third release – October 2020
  • APR rewards will start after we release OOT wallet

Roadmap

CONCEPT

CONCEPT

SEPT 2017

TEAM

TEAM

OCT 2017

PROJECT ANNOUNCEMENT

PROJECT ANNOUNCEMENT

DEC 2017

WHITE PAPER

WHITE PAPER

FEB 2018

ICO TOKEN SALE

ICO TOKEN SALE

APRIL 2018

EXCHANGE LISTING

EXCHANGE LISTING

MAY 2018

ALPHA

ALPHA

Q4 2018

BETA

BETA

Q1 2019

Alpha Release – Crypto Database, Networking Module, News Feed

Beta Release –  Review Module, Portfolio, Market Predictions Module

OUR VISION

Make investing user friendly with simple scores and ratings.

Frequently Asked Questions

What is the purpose of Utrum tokens OOT?

OOT tokens are the utility tokens of utrum platform. They are used for a variety of purposes like:

  • Seeking expert advice
  • Access in-depth tech and market analysis of cryptocurrencies, ICOs, and tokens.
  • Buy, Sell  crypto related services in marketplace
  • Voting Power in community decisions
  • Compliment other members

Why should we buy OOT tokens?

  • Members can earn 5 % APR reward for a vesting period of 8 weeks.
  • Members who bought tokens in crowd sale will receive 1-year free subscription for in-depth tech and market analysis after beta launch.
  • Institutional Investors will buy OOT tokens to access premium subscription
  • ICO and Crypto developers will buy OOT tokens from token holders to access platform services.

What is the total number of tokens generated?

  • 54 million circulation supply (till beta launch)
  • Total supply 216 Million, Tokens will not be generated later.

What is the maximum cap for token sale?

25% of tokens are available for token sale where 2% is reserved for the bounty and referral program. 23 % is available for sale.

  • Minimum Cap is $ 1 Million USD
  • Maximum Cap is $ 5 Million USD

Token Sale will continue till all the tokens are sold.

How does KYC work?

Users have to register with name, address, phone, city, country. We do not need Identification documents 🙂

What is the min and max token purchase?

As we are using atomic swaps for token sale, we have preset the token amounts. Minimum purchase $60 and Maximum purchase $60,000

How does APR reward work?

  • 5% APR reward is given to token holders for a minimum of 8 weeks vesting period. Once funds are locked, you will not get back till the vesting period. The process is automated.
  • APR reward will be given for 5 years.

How does team token distribution works?

15% of 216 million total supply is allotted for the team. Funds are locked and released 5% every year.

The first token release starts after 6 months of token sale – October 2018
Second release – October 2019
Third release – October 2020

How does token burn works?

216 Million total supply. 15% of the platform monthly revenues will be burnt, till we reach 15% (32 Million) of total supply (216 Million), 184 Million tokens will be left after 15 % token burn. This might happen in 5 years depending on the platform growth. Example – If Platform makes a revenue of $100,000 USD in a month from buy/sell services, premium subscription, and ad revenues.

  • $100,000 * 0.50 = $50,000 worth OOT goes to reward payouts
  • $100,000 * 0.15 = $15,000 worth OOT gets burned
  • $100,000 * 0.25 = $25,000 worth OOT goes to infrastructure costs
  • $100,000 * 0.10 = $10,000 worth OOT goes to monthly loyalty rewards.

What is the OOT inflation rate?

Even though we have pre-mined, we have taken steps to control inflation. The rate of inflation is directly related to the growth of the platform.  Our inflation is based on the number of users and revenues. If we have no revenues at the start, then inflation is more but in this case, rewards also will be less as we have less number of users. If we have more number of users, the platform revenues will also increase and the inflation rate will be less as the rewards are paid from platform revenues.

How can we earn OOT tokens?

  • Members can buy tokens in our crowdsale
  • Members can earn tokens by participating in our bounty and referral program
  • Members can earn OOT tokens for contributions like reviews, ratings, and analysis
  • Analysts can earn OOT tokens for in-depth tech and market analysis

How are you going to retain users in your platform?

Apart from content rewards, we also have planned monthly loyalty rewards for members to keep them engaged in our platform.

  • OOTER of the Month (OTM)

Every month, a contributor who has received the maximum number of ratings for their total reviews and ratings generated in that particular month will receive 5 % of the platform revenues as a monthly bounty. This will encourage members to participate every month and write quality reviews. Member once awarded OOTER of the month will not be eligible to receive the reward for next 12 months so that other members can be rewarded. The development team, support team, Trustees (Platform Moderators) are not eligible for the bounty.

  • OOT Resident Bounty (ORB)

A member is eligible for this bounty if their account is older than 3 months and has spent a minimum of 60 hours per month on the platform. The system will select a member randomly after checking the eligibility criteria. They will receive 5% of the platform revenues generated in that month. Member who has received this reward is not eligible for the rest of life. The development team, support team, Trustees (mods) are not eligible for the bounty.

Why did you set 10% for operation reserve?

We would need this reserve to scale up in terms of infrastructure and partnerships when we grow.

What does utrum mean?

utrum means “Whether” “or” in Latin. There can’t be a better name than utrum for a review portal where members decide this or that.

What is the significance of OOT?

utrum is pronounced as “Oothrum” in Latin. We have taken first 3 letters “OOT” for our token symbol. But we pronounce it as “you trum” normally 🙂 

 

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