ICO review: United traders
Best ICO of the week: United traders
New cryptocurrency: UT Token
Web site: https://uttoken.io/
What’s it about: an Ethereum based marketplace offering tools for digital investments
ICO price: total supply 100,000,000 UT
About the project:
United Traders is a blockchain based ecosystem for trading. The project offers users three core products: the UT investment platform, marketplace for trading and the United Traders magazine.
The trading platform Aurora is the key part of the project and can already be tested by Windows users. It uses smart contracts for its innovative ‘Smart Route System’ that enables to break up large orders and execute the parts simultaneously across a variety of exchanges. Aurora offers users to make transactions with NYSE, NASDAQ, BATS and other.
The project’s marketplace suggests users to build portfolios based on investment ideas with the help of experts. Investor’s records will be stored on the UT marketplace and serve as a reliable source of information for companies and funds. The Kvadrat Black algorithmic hedge fund is supporting the marketplace that already operates worldwide: companies can sell stocks during IPO’s using the platform.
The United Traders magazine is a tool that was first used by the project for content marketing, but has now grown into a credible source of crypto investment knowledge. Articles published in the magazine have formed a ‘Mega Investing Dictionary’. The United Traders magazine is likely to become an influential media platform in the cryptocurrency world in the following years.
The founders of the project will earn money on commissions from traders, investors, companies placing ads. Participants of the project that bring value to the UT community by writing articles or creating expertise will earn rewards.
The company has a good track record: United Traders (UT) is known on the trading market since 2009 and is operating in over 40 countries around the world.
The company was named the ‘Best Private Investor’ by the Moscow Stock Exchange. The UT hedge fund has received the prize established by the Russian Hedge fund industry awards several years in a row.
All the three products of the project are already operating and can be tested. The minimal investment needed for testing the platform would be 5000 USD though.
The team has Russian origins. There are three founders of the project: Anatoly Radchenko, from Saint Petersburg’s State University ITMO, with a strong experience in Dimension Trading; Roman Vishnevsky and Dmitry Belousov, coming from Moscow, both with strong in Swift trade. All three started their careers as professional traders in theU.S. and Canadian proprietary trading companies.