There is a management change at Utrum. Sridhar, founder and project lead is stepping down.

Chmex, a long term community member of Komodo and ecosystem developer is taking charge of the project. He will be the new lead developer.

The development team will work with chmex during this transition period.

Meanwhile, cryptos index ranking might not work for few days as we are changing the CMC API to coingecko API.

Except management change, everything will remain the same.

Thank you for your support.

Passing the Baton was originally published in Utrum on Medium, where people are continuing the conversation by highlighting and responding to this story.

We are happy to announce OOTER of the Month Contest for November 2019. Members can write reviews, make predictions, create insights or publish reports.

If you don’t have an account yet, sign up here https://utrum.io

Winner will receive 500 KMD and results will be declared on 1st of December.

How URS is calculated?

https://helpdesk.utrum.io/en-us/article/how-is-utrum-reputation-score-urs-calculated-o449xu/

How content rewards are paid?

https://helpdesk.utrum.io/en-us/article/how-are-content-rewards-paid-1txyo3i/

Check this article to learn what is utrum all about

https://www.thedailychain.com/the-utrum-review-with-sridhar-panasa/

OOTER of the Month Contest was originally published in Utrum on Medium, where people are continuing the conversation by highlighting and responding to this story.

https://utrum.io

Take a Quick Tour of the Platform

How is URS — Utrum Reputation Score Calculated?

https://helpdesk.utrum.io/en-us/article/how-is-utrum-reputation-score-urs-calculated-o449xu/

How is UTS — Utrum Trust Score Calculated?

https://helpdesk.utrum.io/en-us/article/how-is-utrum-trust-score-uts-calculated-1f8gk4j/

How are content rewards paid?

How are content rewards paid?

Utrum Community Business Model

https://helpdesk.utrum.io/en-us/article/how-does-utrum-community-business-model-sustain-ebvb0n/

Utrum Platform Tour was originally published in Utrum on Medium, where people are continuing the conversation by highlighting and responding to this story.

One-Stop Center for Crypto Research based on unique community consensus

https://utrum.io

Important Features of the Platform

Comprehensive Database with all Crypto Projects including financials, team, community, developer details.

• Check News and Events of every project.
• Members can write reviews, make predictions, create research articles and publish in-depth analysis reports.
• Earn rewards for contribution and voting content.
• Follow your favorite projects and receive updates in your feed.
• Compete with your peers by contributing better content and earn a reputation.

You also can hold your Utrum coins OOT using our innovative proof of lock wallet and earn rewards up to 7.2% per year.

Check support article to learn more

https://helpdesk.utrum.io/en-us/article/how-does-oot-holding-reward-ohr-work-nprkfb/

Utrum is listed on Exchanges

https://coinmarketcap.com/currencies/utrum/#markets

Discord https://discordapp.com/invite/tyf8Mqx

Telegram https://t.me/utrumdotio

Twitter https://twitter.com/utrumdotio

Utrum BETA is LIVE was originally published in Utrum on Medium, where people are continuing the conversation by highlighting and responding to this story.

Utrum’s Business Model

• Platform will earn premium subscription revenues from investors for buy/sell market analytics and detailed reports.
• Platform will earn revenues from Crypto Developers through ads and job placements.
• The 7.2 % holding reward will help to reduce inflation.
• Platform will burn 15% of monthly revenue to reduce inflation.
• Utrum will pay 5% of monthly revenues to Top Performer of the month (OOTER of the Month — OTM) which will help us to retain good talent
• Utrum Marketplace for buying and selling crypto-related services will earn 1% in transaction fees for the Platform

Utrum Listed on 3 exchanges and Public Beta launch soon

https://coinmarketcap.com/currencies/utrum/#markets

Cryptocore Media Podcast was originally published in Utrum on Medium, where people are continuing the conversation by highlighting and responding to this story.

Coinmarketcap has listed our circulation supply as 64,800,139 OOT as on 08 June 2019

In reality, our circulation supply is 17.2 Million OOT and you can verify it on our OOT Explorer Rich List. Coinmarketcap has calculated unlocked funds using their automated API when the funds are unlocked for hold rewards and operations reserve.

Let’s do a quick math

Content Rewards 108,000,000 (50%)

Locked Reserve 21,600,000 (10%)

Locked Team Funds 21,600,000 (10%)

Hold Rewards Reserve 21,100,003 (9.77%)

Marketing Reserve 1,737, 562 (0.8%)

Unlocked Reserve 10,800,000 (5%)

Unlocked Team Funds 8,094,485 (3.75%)

SuperNet and Goldenman — VC Investors 6,480,000 (3%)

92% (198,720,000) is still on HOLD and 8% (17,280,000) are with normal investors. Out of these 17.2 Million, many investors has locked their funds for rewards thus making circulation supply even lesser than 17.2 Million. But as of now, we don't have exact figures for locked funds.

So let’s consider the circulation supply of OOT is 17.2 Million

If you wish to earn rewards up to 7.2% per year by holding OOT, you can do it using our desktop and web wallet

Desktop (Win,Mac,Linux)

https://github.com/Utrum/utrum-wallet/releases

Web (web users and mobile)

https://utrum.gitlab.io/wallet/#/

Hold Reward Conditions

https://helpdesk.utrum.io/en-us/article/how-does-oot-holding-reward-ohr-work-nprkfb/

Utrum Circulation Supply Update was originally published in Utrum on Medium, where people are continuing the conversation by highlighting and responding to this story.

We started developing Utrum since August 2018, right after our tokensale which we completed on July 2018.

We made 2196 total commits as on 07 Feb 2019.

Utrum Wallet — 719 commits

Utrum Web Portal — 664 commits

Utrum API Server — 819 commits

We are planning to launch Utrum Alpha in March 2019.

Utrum Development Status was originally published in Utrum on Medium, where people are continuing the conversation by highlighting and responding to this story.

During the ICO Period from May till June 2018 we have spent lot of money on advertising in pursuit of reaching our Hardcap ($5 Million) but unfortunately due to the bear market, it didn’t work and we could only raise $1 Million. Now our sole focus is development.

As most of you are aware, listing on crypto exchanges is costly. We have spent $62,500 to list $OOT on 4 exchanges, Hyperdex is free though.

The Bear market killed our progress and we had to drop salaries for our CTO Andrew and CMO John. They are working as consultants for now. Our founder and Project Lead Sridhar didn’t take a dollar as salary even though he is working full time since Jan 2018. Thankfully, he got income source from his previous company.

Currently we are working with 5 full time developers and the Utrum Web Portal alpha version is delayed till March and Beta is postponed to Q3 2019.

Utrum Hold Wallet

We have released Beta version of Utrum Hold Wallet where users can lock their funds on blockchain using our innovative proof of lock program and earn rewards up to 7.2% per year. Download Wallet

Utrum Alpha First Look

We have released first look of Utrum Alpha on 1st Jan

https://medium.com/utrum/utrum-alpha-first-look-8d371801d6b

Download Statement

https://cdn.discordapp.com/attachments/455861405023731713/534804465111531551/Utrum-2018-PL.pdf

Thank you for being with us in these troubled times.

Utrum Financial Statement 2018 was originally published in Utrum on Medium, where people are continuing the conversation by highlighting and responding to this story.

Utrum Alpha First Look was originally published in Utrum on Medium, where people are continuing the conversation by highlighting and responding to this story.

Utrum’s official wallet is close to release! Our development team has been working nearly non-stop on this intuitive, advanced wallet which will allow users to lock OOT for rewards, claim rewards, and even claim KMD rewards.

Wallet Features

The Utrum multi-wallet, featuring OOT, KMD, and BTC integration has a user-friendly interface and is designed to be as “grandma-friendly” as possible.

Multi-Currency

Utrum Official wallet is a multi-coin wallet and it’s a lite wallet which means you don’t need to download entire blockchain. At release Utrum wallet will support OOT (your’s truly), KMD (Komodo), and BTC.

All these currencies are enabled by default and as a user you’ll have just one seed and one WIF to access. This is a huge advantage for those who want easy access to a full bitcoin wallet alongside the OOT and KMD alts.

Easy to Use

We’ve put a lot of work into making the Utrum wallet as simple and user friendly as possible. From the simplicity of seed use and creation, to ease of making transactions and displaying receive addresses, our goal was a straight forward, grandma friendly app.

Easy to use also means compatible. Besides multi-currency compatibility we also have versions created for Windows, Linux and Mac. In addition, as soon as we’ve released the Desktop wallet our mobile wallet development will commence.

We’ve also spent a lot of time ensuring the wallet lends itself to the user experience, providing simple and logical interface for best accessibility by everyone.

Intuitive Transaction History

The Utrum wallet also features an intuitive transaction history for each currency supported. This history can be accessed and each transaction tracked through to it’s appropriate explorer.

Having solid and reliable transaction logs, as anyone who uses crypto wallets will attest, is an important key feature for a good wallet.

Multi-Currency Chart

Utrum wallet includes a live market chart, for each currency supported within the wallet. Using the intuitive hover feature, you can see the exact market price at any given time within the three available time frames: Day, Week, Month.

We know this is an important feature for crypto users so you’re not having to hunt down charts while working with your wallet and currency.

KMD Rewards Claim

Utrum decided to go the extra mile and not simply give users of our wallet the ability to store, send and receive KMD…but also to view and claim KMD rewards!

The Utrum wallet features a rewards indicator and claim button, so you can see rewards earned on your KMD balance and claim them within the Utrum wallet. This makes it even more convenient to use a single wallet with fully functional Komodo rewards tools.

OOT HODL Rewards and Claim

The feature everyone is really anxious to get is, of course, the HODL feature of Utrum’s wallet!

With HODL you can lock your OOT coins for a period of time you choose and earn rewards on your holdings. OOT locked for 60 days, the minimum time frame for reward holdings, will earn 0.834% on the total locked OOT balance. OOT locked for 120 days earns 1.67% on the total locked OOT balance.

With the Utrum wallet you’ll be able to lock the amount of OOT you’d like earning rewards and after the lock time period, you’ll be able to claim the rewards earned. Very simple, very straight forward and easy for all.

Example, if you hold 1000 OOT, you get 1008.34 OOT at the end of the time period. Members will not have access to the funds during this time period and they will be locked using CLTV feature which can be verified on Blockchain. On Day 61, members can claim their funds along the reward. After claiming, they can again deposit their funds for the next 60 days and can repeat as many times as they wish. The reward is valid for 5 years.

It is entirely up to members to participate in this reward program. The reward is an incentive for holding OOT and at the same time keeping OOT away from circulation thus helping the Utrum ecosystem.

Doing It Right The First Time

At Utrum, we believe in doing things right the first time. Sometimes this means unforeseen delays or even small tweaks in schedules.

The Libraries

One of the challenges we faced when innovating the OOT HODL feature, was doing so in conjunction with code standards and bitcoin libraries for full compatibility and flawless functionality. This process lead us to changing some of our original planned libraries and code, to adapt to the lack of available features where other libraries met these needs more efficiently.

Initially we planned for Crypto Conditions but we realized we need a hard fork to do this, so we postponed this idea to implement crypto conditions during platform launch. Then, we started working with bitcoinjs library and we found it is not compatible for HODL purpose, Now we have moved to bitcore library and we hit one last road block signing P2SH. Once done, HODL feature will be accomplished.

Our lead blockchain developer has spent tireless hours restructuring the core code and library sets to accommodate the innovations we are developing through Hodl.

Coming Soon!

We are excited to share that we are in the final stages of the wallet development and design. This means the Desktop wallet, with versions for Windows, Mac, and Linux, will be available soon.

If you are new to Utrum and curious about what we are all about, the project we are building for crypto analysis and review, or just to learn more about our OOT token and community…visit us at https://utrum.io

We have a thriving and active community in Discord and Telegram and would love for you to join!

About Utrum

Utrum Foundation is Solving the Cryptocurrency Investment Trust problems through a Community-Powered Ecosystem Built on Blockchain, Crowd Wisdom, and Artificial Intelligence. Learn more at https://utrum.io

Join our conversation on Discord and Telegram!

Utrum Official Wallet Progress Update was originally published in Utrum on Medium, where people are continuing the conversation by highlighting and responding to this story.