Moonrock Capital invests in UTU
We are proud to announce UTU ($UTU) as an addition to our portfolio.
UTU’s vision is to become the trust infrastructure of the entire internet, replacing anonymous star ratings, reviews, and scores as the de facto trust mechanisms of our digital lives. We do this in service of our mission to protect data and privacy as we help make the internet a safer, more trusted place to gather, share, work, and trade. UTU offers AI-powered decentralized Trust Infrastructure as a Service to serve socially powered recommendations and provide a robust feedback mechanism via API and Oracle to B2B and P2P platforms.
We are delighted to welcome UTU into our portfolio as we look to support projects who offer real world solutions to problems that people face in their day to day lives. We believe their innovations around trust mechanisms, particularly around the P2P Lending and Centralized Lending Services, are more relevant then ever and they have come up with a solution to ease pain points for many around the world.
UTU have already had significant traction in Africa with their technology and have built out an impressive team that continues to evolve over time. It’s because of this we firmly support UTU and their version for a safer and more trusted internet.
— Alex Smith, Managing Partner MRC
“The entire UTU team is humbled to join the Moonrock Capital family with their proven track record of investments in projects that will transform our experience of the internet. UTU is aiming for nothing short of this and we feel in good company with Moonrock.”
— Jason Eisen, CEO Ututrust
