NapoleonX makes it very exciting for us by not publishing what they raised in the pre-sale. The only info I can find on the site is ''Pre-Sale has already started''.
I guess it's because they are still in the process of KYC and the funding hasn't started, yet. But I hope once it has started, that there will be some sort of counter to see what they raised so far. you can track how much they raised in their contract address I haven't signed up for the sale, so I don't know what contract address(es) they provide, but I would have thought that since they are also accepting EUR it won't be possible to track the total amount raised. The registration is already closed, hopefully they will have a clear token sale counter on their site. They should disclose the amount raised at the latest before the start of the ICO. Hope, they will do it sooner.
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Guys, after the ICO what kind of marketing plan does UTrust have? They have the money to build up a really usefull platform, but I think UTrust need far more user then the ones from just the crypto scene here. Do you have already plans for "aggressiv" marketing like tv commercials etc?
That is a good question that needs to be address accordingly in order to sustain the momentum of the tokens value overtime. The thing with Utrust is they dont need that much marketing as some other projects. If they manage to get some partners, users will get the option of payment with Utrust automatically on their favorite marketplace and wont need to do so much research to get in touch with their payment system.
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It is always better putting some videos. Whitepaper covering all but most people are always lazy to read it, videos is better because of it. I think it benefits both since video is easier to make then write a whitepaper and also easier to go trough from users perspective. Others projects should to the same.
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The project in general is quite good, although it is targeted primarily in the interests of developers of mobile applications. Possibly over time, you will see a large target audience of purchasers of the shop, then traders will profit.
And also they have a few good competitors in this niche, they have to pay attention to them carefully. Provide a better feature and solution Few strong competitors and one monster. But since they are bringing fresh ideas to the market, i think they shouldnt have problems with over passing everyone except google of course.
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Has Soma said something about how much eth their raised all in all with Angel Investors together? I would like to know how much money they got now.
They sold 8208125 SCT, and price 1 ETH = 450 SCT. So, they raised 18 240 eth I think With all the instability due to forks and parity wallet hack, it's a rather great result for this SOMA project. Congrats! They raised not so much (around 6 mln usd). But I think its very good amont. Not so big, and not so small. It has good perspective to growing and good pump. So, we can see at last 2-3x from ICO price 6 million usd is a pretty decent amount! Considering many ICOs can't even raise twice less in the current market situation. Now the team should really concentrate on releasing the open beta version of the app, so they can finally test it and see how the community likes the app. Can't wait!
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Hello friends,
I want to know whether the ICO is completed or still running because I have seen that the Utrust published the ICO will be conducted in multiple stages
Their ICO is still going and it ends on November 20th if they wont reach the hard cap before. https://twitter.com/UTRUST_Official/status/928640492811808769It will run just in one stage.
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Now we are waiting for the release of the working application for android and the launch of the social network. The funds collected are quite sufficient for this. Although of course the sales were not very large, but apparently this is due to the specifics of the project.
We have to be patient now, their team is full of adrenaline now since they raised a nice sum of money and i hope their motivation will stay up even when the hype lays down. If they stick to their road map, we dont have anything to worry about.
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So their ICO officially ended now? I hope they will write how many backer they have since this information is not available on their website.
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This is a proof of authentication for newsletter.
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Does anyone know if it's allowed to sell an app simultaneously in multiple app stores at different prices?
Why not, its your product and you can do with it whatever you want, you can also start a private auction and sell it there if you want.
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I think so, if they can consistently follow the roadmap i see a great future. People will start using a market like this in no time
Exactly, a project that is needed and that I will follow closely ! I believe they learned a valuable lesson from their ICO and will follow their road map as much as they can not to get their investors angry. Everyone will be watching their progress now.
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Did they announce what will happen if they don't reach 500 million tokens?
For example, if ico ends with 480 million tokens issued, they will burn 20 more million of tokens?
Yes all unsold tokens will be burned So its good for the investors In percentages it won't be probably too big amount anyway, at least that's what i am predicting. I mean, they have sold a LOT already. Nut burning is the right way to do it anyway. Still, if it was said they will burn it, they have to stick with it to prevent any riots after ICO, we saw some examples what happens if devs dont stick with their promises, it could end ugly.
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The project could have potential, but russian teams are not what sell the most in cryptocurrency world.
Well, i dont think you can stereotype like that. Its true there are a lot of project started in Russia but if you would look at average successful ICOs vs. scam projects, you would probably get the same percentage in most developed counties.
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Use of the platform (demo) In this demo you can see how the platform will work. Still 7 hours for joining this ICO! Thanks for the video link! Really good demo, looks like the app is pretty straightforward, simple interface, nice functions, all you need for the beginning.
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Do they close the ICO before the deadline if all the tokens will be distributed?
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Guess the pre-sale has already started right?
Does anyone have any information on how much has been collected? This seems to be a potential project there
It started, yes, but the amount raised will be announced before the beginning of the ICO, if I understood correctly. "The precise number of the block at which the crowdsale will begin shall be disclosed before the beginning on the website, the slack and telegram channel." - that's what official website says.
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Can someone write how much they raised so far since there is no counter on their website? I checked few pages but there is no info on this.
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They have been actively promoting their project from the start and you can see the results now in ICO and also this thread reaching 400 pages. You just have to believe in their team since they put so much effort and time in their project.
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Yes! Marketing is key for these kinds of products... if they would develop something to make this go viral, it would even be better. But viral marketing is very very very expensive.
Sometimes viral marketing starts with a good plan. Lets say SOMA hires a celebrity like Messi, who wants to sell his football clothing on SOMA and the money will go to a charity. Something like that would attract many new users. When it comes to social platforms, marketing is even more important since you need a huge user base for it to function smoothly. I hope they will hire some professional help since they raised quite a lot of money.
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What is Playmarkets strategy to gain mass adoption of users? How will you attract new users?
I doubt they have a concrete answer to your question. The fact is google store have a massive support and user base and i will be hard to lure users to PlayMarket 2.0. I think we have to be patient. Exactly out of the reasons you are stateing they should already have a strategy and concept how they want to get user into their PlayMarket, otherwise they will lose ground fast out there. They are targeting all those app that cannot go in the official market i believe. Google has strict rule for example. They are targeting all apps because google rules are not that strict that would decline many developers from uploading their apps to play store.
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