DigRate Rating Committee issued a Quality Rate High and A2 investment rating score to United Traders – medium-to-high probability of investment return, considerable sensitivity to market environment.
The project team has a pragmatic approach to the problems existing in the cryptocurrency ecosystem and proposes to solve them by introducing a complex of products to the market, within the framework of a single platform. The concept and tools the developers offer are necessary for the further development of the entire cryptocurrency market.
The platform modules created by United Traders already have working prototypes, which should allow it to attract large amounts of capital. The project conducts a massive advertising campaign. The team has presented a detailed road map and financial plan, specifying its targets. All of the above leave no doubt as to the serious intentions of the project’s developers and the possibility of implementing the project.
Despite the undoubted competence of the developers, some aspects of the project raise questions. For example, it is unclear how the project plans to solve the problem of high loads on the global investment marketplace technically, as the transaction processing speed of the Ethereum network is rather low. Although the team has presented business models for each of the products, some elements still raise questions. DigRate also questions the potential attraction of banks to participate in cryptocurrency trading.
The project team has not provided an analysis of the competitive environment, and has not disclosed information about the legal structure of the company. Similar solutions are being developed on the market, so the platform will be in a tough competitive environment, but we believe that the team has enough competencies to make a worthy product. Despite the developers stating that during the presale the project attracted several large investment funds, information about them has not been disclosed.
Pros and cons of the project, as well as our recommendations, can be found in our report.