Utrum – The Crypto Playbook completes DICO and got listed on Exchanges.


On July 4, 2018 the Utrum Foundation DICO concluded, having successfully reached soft-cap mark of 1 million USD.  This unique form of crowdfunding, in which decentralization is paramount, enabled the Utrum OOT Coin to break some crypto-records through the short span of 2 months. Most impressive is the listing of OOT on CoinMarketCap within the first 24 hours of kicking off the pre-sale on May 10.  What made this possible is the DICO model vs traditional ICO models.  In a traditional ICO there is an element of centralization.  Whether through a smart contract or a controlling organization, some part is centralized and there’s a lot of (usually blind) trust required on the part of investors.   In a DICO, which stands for Decentralized Initial Coin Offering, there is no central organization, no smart contract, no controlling party.  In fact, it’s more akin to an Over-the-Counter (OTC) trade, as it utilizes Atomic Swap technology, powered by Komodo Platform.  This is wallet-to-wallet trading, using a decentralized exchange. Because Utrum used BarterDex to make their ICO available, it not only kept the entire process decentralized and trusted, it also triggered CMC’s API when volume hit the exchange.   Shortly after commencing the Utrum DICO many coin tracker apps began adding the OOT coin.  Crypto Pro, BlockFolio, BitSnapp, Cheddur and GetDelta all added the OOT coin during the DICO.  Before the DICO was finished CoinExchange listed OOT and opened trading in late June, making this coin one of the fastest listed, widely embraced new…
Source: Utrum – The Crypto Playbook completes DICO and got listed on Exchanges.

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