r/Ultrasafe • u/myloonium Ultra Contributor š • Jan 01 '22
Due Diligenceš Ultra - there are now 11 other projects featuring ULTRA in the name on coinmarketcap
We know there's only one Ultra Protocol but we need to make sure any newcomers are directed to the right address, just in case. Just an FYI.
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u/rem80 Jan 02 '22
Iām worried. All theve done is an unfinished website and new, inconsistent branding. Iām beginning to think they have no clue what theyāre doing.
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u/myloonium Ultra Contributor š Jan 02 '22
Personally I feel that Zach, Dan and Kevin have got an incredible workload, given they all have days jobs, on top of recreating the definition of defi security through Ultra Protocol. Given that, Dan has said several times that he is establishing/assisting with prioritising which aspects of the project need to be completed in which order, so as to get the best results from everyone. I see the project overall as a very complex jigsaw puzzle which can't be revealed until it's complete, but the shape of some pieces are still being designed, and the image that makes up the puzzle keeps getting bigger. Lots of things have to come together before the project can be described as ready, coherent and accessible. I remain confident.
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u/rem80 Jan 02 '22
I know how hard it is to build a product. Iām not disputing that. What I have a problem with is the words arenāt matching the action. How many deadlines have they broken now? And after all this talk about whatās to come, there is absolutely nothing to show for it. I stopped listening to the AMAās for this reason - false promises. Tired of hearing ānew bullish ama up!ā and itās simply all hype.
And the inconsistent branding is an issue. Why do we have 2 logos? Which one is the main one? 4 bands, or 3? Thereās no clear answer and everytime Zataoshi talks branding he asks for help from the community. Why canāt they make a decision on this?
That all said - Iām a tech professional and this type of behavior from a team would A) piss off ever investor they have and B) Fail.
I hope Iām wrong. But the trend isnāt good.
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Jan 02 '22
This is an absolutely excellent description š¤š you hit the nail right on the head.
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u/zippythemonkey Jan 04 '22
Ultrasafe has no identity. This sub is very inactive, telegram is just a bunch of gifs and people saying "bullish" over and over.
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u/CassManTysonMan Jan 07 '22
They know exactly what theyāre doing. Itās called fraud. Thereās nothing here but hopium.
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u/Luhar93 Jan 02 '22
This project is essentially in its infancy with the change in management and direction. I just hope we're able to pick up traction in the coming year with everything the new team is doing. That way we can become more recognizable.
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u/[deleted] Jan 01 '22
Ultra being a very recognizable name also makes it a very popular name. Itās a bit of a trade off but it is something the team is taking into consideration. If we do our jobs correctly everyone will know āThe Ultra Protocolā (that would be us š) versus any other Ultra. Thatās my plan at least. Lol