What is founder system
Founders will play important, key role in Utile Network ecosystem. They will provide transparency, education and will oversee the work of platform contributors. Founders can add their own publications, share and exchange information, which let the users build knowledge about blockchain technology. It is a mechanism which will provide continuous platform development.
Important to note that founders will be figured as community trusted advisors but will also undergo the evaluation of their intent to ensure the positive results of their contribution to the develop of platform.
Who can become a founder
We will choose ten founding members thru application we will provide. Influencers, experts, blockchain enthusiast, speculators, people backed by communities from all over the world will have chance to become part of it.
Role of founding member
- Introducing communities to the idea of blockchain and cryptocurrency assets
- Educating investors
- Analyzing the market
- Providing transparent, high quality informations
- Providing investing opportunities
- Enhanced protection for investors - possibility to diminish and neutralize potentially harming data published on platform
Rewarding the founders
With many responsibilities and contributions added to platform founders will be gifted with Utile token from designated token pool, without excluding possibility to get rewarded from upvoting protocol as well as will sharehold up to 40% of revenue generated by advertisement on platform.
Utile Network is an infrastructure that allows you to crowdsource blockchain ecosystem data in a transparent environment. It 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
Evaluated crowdsourced blockchain ecosystem informations
Users post suggestions and share ideas, news and informations related to blockchain technology, knowledge gathered on platform can be evaluated by wide range of people allowing for better estimation of how reliable the data is
Utile Official Educational Section
In order to create a safe educational environment we are creating educational section in which we will officially approve content, a section that will teach about blockchain technology. Going beyond the collection of knowledge on the platform by users
It's a mechanism which allows to receive Utile Tokens, users can evaluate publications and generate reward for posting quality content
These are set of people that monitors the progress of the Utile platform, trusted advisors of community who will provide continuous development as well as add wisdom for investors
Transparency will help creators to expand the range of recipients. Transparency will be composed of elements - the evaluation of the publication, the statistics of profits obtained and the level of advancement of the account
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
By utilizing revenue generated from advertisement on our platform we will perform systematic buyback sessions of UTL tokens from exchanges
Implemented promotional tools which allows creators to promote their work and advertise their business or brand to further authenticate their knowledge
How it actually works
Reward for contribution on platform
Publication in the form of market analysis, researched information, presentation, speculation or any creation about blockchain related topic will be rated by community members and as a result of evaluation protocol will be eligible for UTL tokens reward
Reward for founders
Utile Token will be used as an assurance for on platform content development by rewarding the founding members
Means of payment
Token will be used as the payment medium - all activities on platform will be carried out by using UTL Token
Rewarding platform users
Utile Network will reward its active users for creating content on platform by Utile token. Rewards will be automatically distributed to private profile wallet which will be situated in funds tab.
How reward protocol works
Publication in the form of market analysis, researched information, presentation, speculation or any creation about 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 additionaly be rewarded with bonus tokens dependant on return of investment. Platform will determine current profit based on provided previously informations combined with the actual fluctuation of asset at its lowest point. User will be allowed to close bonus tokens at any time to collect the reward or wait untill it expires authomaticaly acordingly to time frame given in form.
Amount of received token will be depend on number of factors:
- Sum of points gathered through community evaluation
- Profile Rank - depending on number of frozen Utile Tokens you get bonuses
- Profile Advancement of voters. The more valuable voters are, the more tokens you will get
freeze at least 25 000 Utile Tokens for 30 days and get additional 1% bonus from reward system
freeze at least 50 000 Utile Tokens for 30 days and get additional 3% bonus from reward system
freeze at least 100 000 Utile Tokens for 30 days and get additional 7% bonus from reward system
freeze at least 200 000 Utile Tokens for 30 days and get additional 13% bonus from reward system
The user of Utile.Network platform has the option of freezing UTL tokens on his account, thanks to which he can increase his percentage profit, which depends on the number of collected tokens. The above-mentioned rank determines the percentage profit and time needed to secure the tokens.