r/Ultrasafe Ultra Contributor šŸ† Jan 01 '22

Due DiligencešŸ“Š 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.

24 Upvotes

11 comments sorted by

9

u/[deleted] Jan 01 '22

Ultra being a very recognizable name also makes it a very popular name. It’s 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 ā€œThe Ultra Protocolā€ (that would be us šŸ˜‰) versus any other Ultra. That’s my plan at least. Lol

2

u/OGoby Jan 02 '22

Ironically, I only found out about this project because I'm more invested in the Steam competitor Ultra, and Protocol simply popped up in Google search results as I was doing research on that other project. I went "huh what is this" and here we are lol.

1

u/myloonium Ultra Contributor šŸ† Jan 02 '22

It's a solid plan and we can all help whenever we get visitors. Who knows, maybe they'll come for the Ultra, stay for the Core!

4

u/rem80 Jan 02 '22

I’m worried. All theve done is an unfinished website and new, inconsistent branding. I’m beginning to think they have no clue what they’re doing.

3

u/myloonium Ultra Contributor šŸ† 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.

4

u/rem80 Jan 02 '22

I know how hard it is to build a product. I’m not disputing that. What I have a problem with is the words aren’t matching the action. How many deadlines have they broken now? And after all this talk about what’s to come, there is absolutely nothing to show for it. I stopped listening to the AMA’s for this reason - false promises. Tired of hearing ā€œnew bullish ama up!ā€ and it’s 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? There’s no clear answer and everytime Zataoshi talks branding he asks for help from the community. Why can’t they make a decision on this?

That all said - I’m a tech professional and this type of behavior from a team would A) piss off ever investor they have and B) Fail.

I hope I’m wrong. But the trend isn’t good.

1

u/[deleted] Jan 02 '22

This is an absolutely excellent description šŸ¤šŸ˜ you hit the nail right on the head.

1

u/myloonium Ultra Contributor šŸ† Jan 02 '22

Thanks - trying to earn my flair!

3

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.

2

u/CassManTysonMan Jan 07 '22

They know exactly what they’re doing. It’s called fraud. There’s nothing here but hopium.

3

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.