$UTU thread 1/7 about why I hold my $UTU:
@UTU_trust was founded to offer a new way to establish trust - a social-relationship based approach. People generally trust people whom they know very well.
$UTU thread 2/7 @UTU_trust AI-powered Trusted Recommendation Service will operate as follows:
If the user provides his data, he will enjoy a recommendation system based on relationships with either passive or active feedback.
$UTU thread 3/7 @UTU_trust potential market is huge. Currently @UTU_trust is constantly approached by entrepreneurs and companies with novel use cases that they would have never considered, such as a trust power dating app or reducing fake news.
$UTU thread 4/7 @UTU_trust will incentivise clients directly to provide data. For this purpose they devise a blockchain-based protocol with a non-transferable utility token - $UTU - to be built on a blockchain platform.
$UTU thread 5/7 There are 2 main avenues of earning $UTU tokens: providing data into $UTU ecosystem and making staked service endorsements. If an endorsement leads to a recommendation and is shown to another user that also endorses the original endorser will be rewarded again.
$UTU thread 6/7 $UTU token supply is 1M, which will be inflationary as the number of users and endorsements grow. The Coin supply is bounded and always available at a market rate bc the exchange of Tokens to Coins will be done through an auction protocol of a fixed supply.
$UTU thread 7/7 Current MCAP is <20 million. In Q3 2021 mainnet release.
"You can trust the blockchain itself...
...you can trust the data on the blockchain...
...but you can't necessarily trust all the people who use the blockchain."
You can follow @Christiaanvr.
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