UTILITY

UTILITY is being created to fund the development of Marketry, a P2P e-commerce ecosystem using DeFi protocols and infrastructure for the global cybercommunity. The goal is to raise $Xm within six months of launch(God-willing), with ~90% of proceeds from the ICO allocated to actual development of the platform. The remainder of proceeds would go towards salaries, hard costs, and administrative costs to enable the development of the platform.

Capped at 50,000,000 tokens and an ICO price of 0.20 cents, they may be used as the staking collateral required to open a shop on Marketry and/or use for purchases of goods on the platform. They may also be redeemed for fiat or other cryptos through the platform by making a formal request of the moderators. They may also be redeemed at a rate of 1:4 GRAIN(a metals-backed token deemed to be the most secure of all cryptos) at some point in the future.

Market-making exchanges(primarily DeFi) are intended to participate in offering liquidity and swaps. A 24-hour liquidity goal of $100k so that buyers may cash out and/or swap UTILITY for fiat or other cryptos on the open market. Tokens may be bought back by the platform on the open market at the prevailing rates...to redistribute ownership of the UTILITY token.

Marketry fees may be paid in UTILITY at a special price, depending on market conditions.

UTILITY will offer security in the fact that tokens are recoverable, an ERC20 token on the ethereum blockchain, scannable, swappable, ample liquidity depth, and usable for the purchase of daily-use goods and services.

Buyers of UTILITY over $10k, shall receive a 5% bonus; as an incentive. Once all tokens are sold, no more shall be minted and the "deminting" process shall begin. This token has a purpose of being a store of value and acting as a medium of exchange, God-willing.