United Traders ICO rating and analyze

united traders ico rating

United Traders ICO

united traders ico rating

Business (16 out of 20 points)

Now team wants to take their products to a new level by implementing blockchain technology and improving internal processes. At the same time, there will be development of three areas at once:

  • Investment Marketplace
  • Cryptocurrency Exchange
  • Mega Dictionary

Product readiness (5 out of 5 points)

They already developed:

  • A major finance related Web portal in Russian.
  • Aurora, an excellent multimarket platform that may be used to directly access U.S. stock exchanges and other markets as well.
  • open ecosystem for the development of professional traders, which allows them to independently study and, subsequently, find employment in the company, already being an educated and profitable trader

https://unitedtraders.com, https://utmagazine.ru/. 

White paper (8 out of 10 points)

White paper is available only in English and Russian langueges. The documentation is well-formed, logically structured and describes many matters in details.

Clearly for understand.

Roadmap (9 out of 10 points)

 The project road map shows the period until end of  2018.

Detailed description of development stages of each of three areas.

October 2017 Second stage of UT Magazine dictionary
November 2017 UT Education updated interface
November 2017 Affiliates UT updated interface
December 2017 Trader’s account updated interface
December 2017 Cryptocurrency exchanges and Aurora interconnection
January 2018 Launch of ICO based on the investment platform
January 2018 UT tokens used as an instrument of payment
Q1 2018 Smart route UT released
Q1 2018 Aurora updated interface
Q1-2 2018 Launch of a cryptocurrency dark pool
Q2-3 2018 Fully operational UTEX (a cryptocurrency exchange) launched
Q3-4 2018 United Traders community launched
Q3 2018 Platform mobile version released
2018 Decentralized UTDEX launched
2018 Licensing

Legal (5 out of 5 points)

United Traders was incorporated as a proprietary trading company in 2009.

Team (17 out of 20 points)

There is 4 partners, 6 top-managers, 14 people in product team, 24 developers and 16 people in networking and sales team.

Three of the company’s four partners started their careers as professional traders in the U.S. and Canadian proprietary trading companies.

United Traders is under the control of an established team of professionals, with many years of expertise and the necessary knowledge.

ICO terms (4 out of 5 points)

Based on Ethereum (ERC20)

Short Name  UTT

Pre-Sale 1.10.2017 – 30.11.2017

Main Token Sale 30.11.2017 – 24.12.2017

Token applying  (4 out of 5 points)

UT token price is a certain part of the aggregate price for all tokens duly issued.

The higher the aggregate price is, the more price for each individual token shall increase as well. Therefore, the aggregate price for all tokens so issued depends on the following:

  • First and foremost, the scope of services rendered through the platform operated by United Traders where UT tokens are employed. If the scope expands, the aggregate token price is increased
  • The number of tokens held by investors and crypto funds. Long-term holding of tokens results in withdrawal thereof from circulation, thus affecting liquidity when those who intend to make use of the services offered through the platform may purchase these. The lesser the liquidity is, the higher price is received by the purchaser of tokens
  • Re-purchase of tokens by United Traders. We plan to buy-back the tokens from the market if the price is below our fair estimate.
  • Due to the excessive demand remaining upon ICO, the price as of the commencement of trading on the exchange will exceed ICO price by 100-300%. The excessive demand for tokens will be generated by active promotion thereof and low limits as to the number of tokens which may be purchased by a single buyer
  • By way of launching new products supporting UT tokens and promoting them extensively the token price in the course of the year upon commencement of trading shall increase by several times

ICO Promotion (13 out of 20 points)

Firstly, they carry out advertising campaigns on their own site https://utmagazine.ru/

Their bounty campaign includes only Signature (pays in BTC and UTT tokens). And some publications.

 

Total ICO United Traders rating  : 81 out of 100 points.

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