[ANN] [UTLE]Ultimate Coin [POS Masternodes][Loyalty Nodes][Ultimate Marketplace]

[Fielding]

Good Morning

Great Progress is being made

Update and more details on features

POS Masternodes are close to being finished it can be released within 48 hours but it will be released on Tuesday alongside the Ultimate Marketplace on Clearnet followed by Darknet Marketplace

I am getting some messages on more details for the marketplace so will provide a brief description of how it works and why we believe this will revolutionize Marketplaces online

Agents

To become a agent you'l need to have 250 UTLE Coins (Escrow Coins)

Role of agent
a arbitrator/guarantor for a sale on marketplace
Moderate listing which breach rules
Answer Site Users queries

In return agents will be paid 3.75% of the 5% fee of every sale so $100 sale each agent receives 1.25% = $1.25
there will be 3 agents on any one transaction so if a dispute is escalated three agents will decide unanimously the outcome.
as payment will be in escrow it can be released early by requesting agents to release it
if they cannot decide, a additional agent can be requested and fees will be divided accordingly

Now of course it can be argued that by having a open registration and just requirement of 250 coins this can lead to scams but these coins are escrowed and a agent cannot withdraw them until all cases have been resolved. There should be no active cases pending decision on their account and with a 24hour waiting time to process withdrawal.

The fee is paid regardless if there is a dispute for the transaction or even if the transaction is a success. This will encourage to weed out the scams so eventually legitimate problems are resolved as who doesn't like free money.

how it works (summary)

seller list item with option where they give buyer 10 agents to select from of which 3 need to be selected
buyer can choose whoever they like so if a seller selects agents with poor feedback then less likely it will be sold.

payment is made if there is a dispute it will be escalated to agents which will decide. if its a smooth transaction happy days agents receive there fee for no work at all.

agents with good feedback will be selected by buyers so a smooth transaction puts 1.25% in your pocket for doing nothing.

Now Why?

We believe this will change online selling massively. rather than making it easy for someone to create a marketplace for themselves buyers/sellers require only one thing from a marketplace is security for their transaction to trade easily and to be able to get fair solutions to problems.

Anyone who has traded on amazon/Ebay must be aware of how they make decisions with their business in mind. Any decision made is in interest of their profits so many times buyers and sellers are out of pocket as the law is used to assess the case which is taken advantage of. Offering agents to solve problems give solutions common sense so no scammer can use law and tricks which leave organizations with their hands tied to give in.

This is why a community run marketplace is the future and to ensure agents are not playing up safeguards are in place so any agents attempting to scam incur losses. The promise of great earnings for agents ensures they do their job properly

This is our vision and rather than we run it ourselves we let you take part and have a slice.


Now if many got bored reading this we will have graphics up when we release the marketplace to explain it better the fun way.

We hope to start beta testing saturday before its released next week

Thanks for the updates.

[1714192823]

1714192823

[Fielding]

the total marketcap for this coin 25BTC.

[tic-tac-totoro]

Seems like a lot of people started staking. At the end of mining I was staking 1.5-2 times as many blocks compared to now.

[Fielding]

This coin is a long term coin.

let's wait for future development.

[wasref]

sleeping giant

[Fielding]

sleeping giant

agree with this.

[TheInfidel]

sleeping giant

After finally reading this ann, I have to agree that this could be huge.
Managed to get some cheap, so in other words I'm ready for liftoff whenever you are.

[Fielding]

let's waiting for the updates from dev team.

[wasref]

can't wait for things to pickup here all attention to be on ultimate

[Fielding]

can't wait for things to pickup here all attention to be on ultimate

same here.

[tic-tac-totoro]

Looks like dev dumped all coins from premine address      http://cryptobe.com/address/UiVpjezTrEF3jHMT2ZSBU8DQf4boQe9XYU

It's all in another addy now http://cryptobe.com/address/UNZwx7gt6tFtsU1rzKc3DqnjkCW7kcyrwt
Doesn't seem like it got dumped.

[wasref]

Looks like dev dumped all coins from premine address      http://cryptobe.com/address/UiVpjezTrEF3jHMT2ZSBU8DQf4boQe9XYU

It's all in another addy now http://cryptobe.com/address/UNZwx7gt6tFtsU1rzKc3DqnjkCW7kcyrwt
Doesn't seem like it got dumped.

thankfully i didn't panic premine is small wouldn't be worth it waiting for developments

[Fielding]

This coin is better than shellcoin and gravcoin.

[Fielding]

let's wait for the updates from dev team.

[provenceday]

if dev can deliver anything listed in the roadmap, then it's a nice coin.

will try to buy some and set up a masternode.

[provenceday]

moneysupply" : 285235.97116118,

price is 3k, total marketcap is 10BTC

[provenceday]

let's wait for a roadmap and masternode first.

[ROBERTO]

Hope the Dev release some news today and start the beta testing
Price is ridiculous at this time!

[Starin]

Hope the Dev release some news today and start the beta testing
Price is ridiculous at this time!

He said the update will be on Tuesday.

[ROBERTO]

Hope the Dev release some news today and start the beta testing
Price is ridiculous at this time!

He said the update will be on Tuesday.

We hope to start beta testing saturday before its released next week

If i understand, maybe he start testing the marketplace today and he release the masternodes on Tuesday.