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Utile Network (UTL) ICO Review – ICO Token News

Utile Network is a unified digital workplace for cryptocurrency community – combining analytical and operational tools for investors and influencers in blockchain sector.

Utile Network allows to receive rewards for generating, adding, monitoring and detecting valuable information. It is a platform, which main aim is to build a community sharing information and working together for its own and overall success. The platform provides unmatched tools for expertise and trade to maximize profits
from asset trading. This is a great way to compensate for or fill the gaps. This platform is primarily a revolutionary management of investments and strategies through the creation of infrastructure that rewards associates.

Utile network is a solution for investors and influencers. The goal of the project to establish a huge information hub to open up a new field of possibilities for content creators. All creators will have their content publicly available on the web for peer review and analysis allowing them to increase their reputation within the
platform by having all of their trading ideas vetted and confirmed by past price action, as well as having their information reviewed and authenticated by other users.

 

Creating a leading support team for blockchain community – Founder system

It’s the core feature of the platform. It aims to allow users to connect and learn from experts in the cryptocurrency sector. ‘Founders’ are influencers who are joining Utile Network with a mission to create a global support team for blockchain community, to help the initial platform development and to provide unmatched guidance in the rapidly growing market of cryptocurrencies. Founders will work as independent publishers, but there will be control from the project creators who will review their work based on community feedback, to ensure their positive contribution for Utile Network platform.

Main features:

Transparency – Another thing that sets Utile Network apart from other projects is the fully transparent ecosystem that it promotes. This enables users to take advantage of the historically audited information. In other words, every post that is made public is tracked by various statistics and win rate through time. This means that every user
has the ability to verify the information given out by other users and judge them accordingly

Knowledge – Every member of the platform can access information on digital assets, including analytical data, articles, guides and signals.

Managing communities within the platform – this allows investors to join private groups of creators. To be able to join their private publication library, investors indicate specific requirements that must be met. Platform users have the option of freely exchanging information and insights in conjunction with cryptocurrencies.

Reward system – Utile Network will reward its active users for creating content on the platform by Utile token. Rewards will be automatically distributed to the private profile wallet which will be situated in funds tab.

Self-promotion – promotional tools that allow creators to promote their work and advertise their company or brand to further deepen their own knowledge and knowledge of other users. Active use of the platform, which helps in its expansion leads to increase the range of presented content.

Founder System it is a team of specialists monitoring the development and progress of the entire platform. They are trusted community advisers who care about constant development and allow investors to build knowledge.

Help desk Personalised tool to troubleshoot individual problems of platform users. Helping desk is a structure which will allow members to ask a question and set the value of the reward for solving the problem in advance. After the initial establishment of community, active users will be able to provide assistance after obtaining a certain
point in their development of profile.

How reward protocol works

Publication in the form of market analysis, researched information, presentation, speculation or any creation about the blockchain related topic will be rated by community members and as a result of evaluation protocol will be eligible for UTL tokens reward.

Investment suggestions will additionally be rewarded with bonus tokens dependant on the return of investment. The platform will determine the current profit based on provided previously information is combined with the actual fluctuation of the asset at its lowest point. The user will be allowed to close bonus tokens at any time to collect the reward or wait until it expires automatically accordingly to time frame given in the form.

Amount of received tokens will depend on a number of factors:
● Sum of points gathered through community evaluation
● Profile Rank – depending on a number of frozen Utile Tokens you get bonuses
● Profile Advancement of voters. The more valuable voters are, the more tokens you will get

The benefits of using the platform:

● The ability to create your own content for a wider audience
● Browsing free content created by users or ability to join private knowledge library of experts
● A chance to chat with mentors and experts in cryptocurrency sector
● The possibility of expanding your knowledge in the field of blockchain technology
● Obtaining tokens for creating and evaluating content
● Receiving answers to individual questions by using the help desk
● Chance for experts to confirm their knowledge and expertise thanks to infrastructure that brings transparency and enables easier evaluation by recipients
● tracking information of the best industry experts, which will allow us to
increase the chances of success of our investments in cryptocurrencies

Token function

The reward for contribution on the platform – Publication in the form of market analysis, researched information, presentation, speculation or any creation about the blockchain related topic will be rated by community members and as a result of evaluation protocol will be eligible for UTL tokens reward.

The reward for founders – Utile Token will be used as an assurance for platform content development by rewarding the founding members.

Means of payment – Token will be used as the payment medium – all activities on the
platform will be carried out by using UTL Token.

UTL token details:

● Token: UTL
● Platform: Ethereum
● Type: ERC20 standard
● Payment accepted: ETH
● Soft Cap 2.000.000$
● Hard Cap: 10.800.000$
● Price (presale) : 0.08$
● Price (Ico) : 0.12$`

Token distribution:

55% Presale and Mainsale
44% Contributors
5% Team
1% Early contributors

 

Budget allocation:

30% Platform maintain
30% Project development
15% Marketing
15% Team/Administration
5% Security
5% Legal

Team

  • Jakub Banczerowski
    Jakub Banczerowski
    Jakub Banczerowski
    Co-Founder, CEO
  • Cezary Demianiuk
    Cezary Demianiuk
    Cezary Demianiuk
    Co-Founder
  • Piotr Rytel
    Piotr Rytel
    Piotr Rytel
    Business Strategy Director
  • Klaudyna Bańczerowska
    Klaudyna Bańczerowska
    Klaudyna Bańczerowska
    UI/UX Developer
  • Alexander Smith
    Alexander Smith
    Alexander Smith
    Business Advisor
  • Svante Hansson
    Svante Hansson
    Svante Hansson
    Technical Architect
  • Karol Jurga
    Karol Jurga
    Karol Jurga
    Social media and digital marketing specialist
  • Tomasz Fijałkowski
    Tomasz Fijałkowski
    Tomasz Fijałkowski
    CTO - Blockchain Developer
  • Ricardo Araujo
    Ricardo Araujo
    Ricardo Araujo
    Systems Engineer
  • Antoni Łącki
    Antoni Łącki
    Antoni Łącki
    Communications Manager
  • Wesley Dias
    Wesley Dias
    Wesley Dias
    System Analyst
  • Patryk Górnik
    Patryk Górnik
    Patryk Górnik
    Front-end Developer
  • Mariusz Korzekwa
    Mariusz Korzekwa
    Mariusz Korzekwa
    Back-end Developer
  • Jakub Olędzki
    Jakub Olędzki
    Jakub Olędzki
    Back-End Developer

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