We’re finalizing internal testing of the UTU Protocol Testnet, partnered with Jamborow, BH Network, and Crypto.com, and more!

UTU Trust Guardians,

Welcome to the February 2022 edition of the UTU Update!

Read below to learn everything that’s been going on in the last month!

You can view the UTU Update in video form here:

Tech and Product Updates

We’re finalizing the testnet! 

We got the oracle hooked up and everything connected. We’re just doing some final internal testing before we go live. Stay tuned for more news about the launch!

We continue to improve and rework the UTU Coin reward scheme for earning UTT in our protocol. Whitepaper update coming soon!

NFT Design Contest

Show off your design skills and create an UTU-themed NFT about how we’re revolutionizing trust!

The winner will receive $500, 2nd place $300, and 3rd place $150. 

We’ll mint the NFTs and provide them to the winners, and some of the winning NFTs will be used as rewards for the most active testnet participants.

The contest is live now and runs through March 16, 2022, so get your submissions in soon!

Read this blog post for all information about the contest. 

Partnerships

Jamborow

We went live with our lending partner Jamborow, who is using our Creditworthiness API to assess their borrowers’ ability to repay their loans. 

Jamborow will also use our Trust API to show trust signals and connection-based recommendations to groups and members signed up on the Jamborow platform.

Read more about this awesome partnership here!

BH Network

We partnered with BH Network, a decentralized freelance marketplace. 

We will integrate the UTU Trust API into the BH Network marketplace to deliver trust signals and personalized recommendations for their users. This will increase the quality of connections and transactions between freelancers and those seeking their services.

Read more here.

Crypto.com 

We now have an UTU Coin information page on Crypto.com! 

Crypto.com users can now access the latest news, partnerships announcements, etc, and of course info about $UTU’s price, trading volume, live charts and market cap.

Read about this partnership here, and you can access our page on Crypto.com here.  

Conclusion

We hope you enjoyed this UTU Update! Stay tuned for more exciting news to come about testnet.

Thanks for your support, Trust Guardians!

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