Could you please tell in couple of words what's the main difference from alike projects? I saw several of them and didn't hear that they become cool.
Which one did you hear about? I honestly did not hear about a competitor before |
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I thought Utrust would not sell out, but with still 4 days to go, I think everything can happen. I am really happy they burned the half of their tokens!
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I wanted to know - does the project have soft cap? and what will happen with unsold tokens?
Softcap is 35,000 RCO sold > 140 ETH > approx. 50,000 USD. Unsold tokens will go to second ICO round. Not sure if the softcap is just for the first or also for the second ICO round, I think the former is the case. That's one of the lowest soft caps I've seen lately. Well this will make the project go forward anyway. I do hope it will be a bit more, cause 50.000 USD is a small operating budget. This budget is enough for first stage ICO to install our solution in couple of restaurants and run second stage How many of these stages will you have for the ICO? |
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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.
It probably is. 8208125 SCT final number so there was no last day hype. I wonder why there was no last day hype, many ICOs have that. Maybe because of the progress bar, because of that it looked like they did not raise much. |
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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''.
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Google require a one time fee of 25$ to start publishing your apps. Then they get 30% of the profit generated by you app if any.
I think it is good to ask for initial fee, otherwise everyone would dump their apps on the platform. But 30% of your profit seems like too much. If Playmarket can really lower that fee, like they promise, it may be attract a lot of developers. If you want to avoid dumping apps at their platform 25$ is a bit low ... that's something a school kid can offord with his pocket money lol To attract developer, sure it's one point to lower the fee, but also to have a big enough userbase. If they don't have enough user, why should developer go to PlayMarket? 25$ is nothing for an developer and if they have the chance to get much more income through the official app store, even with higher percentage, they probably will choose this. But maybe I am wrong. Maybe there is need for another store. I dont know about that. 25$ is a lot of money in a lot of countries around the world. I think it is always good for the market if companies dont have a monopoly position. If PlayMarket can come up with a good strategy to attract users and developers, it is a good idea. I shared this link before: https://techcrunch.com/2017/03/03/u-s-consumers-now-spend-5-hours-per-day-on-mobile-devices/The app market is very interesting to invest in |
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Another ICO, which was finished yesterday, sold 29% of their total sold tokens in the last day of their token sale. I am getting the feeling that Utrust might sell out now...
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Will it be based in russia only or there are plans for other countries also?
Yes. We want to extend our system globally. In July 2017 we're already commenced expansion into the US market: found local partner, mapped Los Angeles and South Florida based ecosystems of repair shops, spare parts distributors, insurance providers and autodealers that are required for a successful deployment of CarFix platform. Nice to hear you want to extend globally! What are the target markets after USA? |
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The minimum cap is only 50 thousand dollars? Do not know what to think, is it bad or good? For this money you can only write an application.
I think the solution is readily available, If im not mistaken. They just need to distribute it accordingly. They also need a support team for restaurants. I believe this was one of the reasons to do an ICO. |
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Is there any link to the demo application where I could install it my device and test it ?
I think you can request a demo but only for apple users. Not for android yet whether fore there will be a version for android. There are a lot more android users I think. I hope SOMA will come up with an android version |
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Is there any link to the demo application where I could install it my device and test it ?
I think you can request a demo but only for apple users. Not for android yet |
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I havent seen any blockchain project on the vehicle industry before, just because of that this ICO stands out. Besides that, there is an already working product and some big partners. I see this ICO becoming a succes
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I wanted to know - does the project have soft cap? and what will happen with unsold tokens?
I hope they will burn the unsold tokens.. |
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I watched the video too. The demo looks like its very user friendly. Will there also be an option to bid for products?
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Once they set up the basics, like customer support/terminals etc. and they have a few restaurants running, it will not be hard to work with more restaurants. But I agree 2000 restaurants seems a bit like wishful thinking
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10347 backers and still 6 more days left. nice going
it will hit hardcap and price will be to the moon in december. waiting next month to double profit. Can't remember when was the last time I saw a full sellout/hardcap. GO uTRUST! The funding rate slowed down a bit. It looks like it won't reach the hardcap in the remaining 5 days. Why do you think it has slowed down? I am surprised every time I look how much tokens they sold. It seems like they are selling 1 million tokens a day. It's still not enough to reach a hardcap, although maybe a few big players will enter the draft in at the very end. Why is it necessary to reach the hard cap? I think they raised already so much! |
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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. |
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Google require a one time fee of 25$ to start publishing your apps. Then they get 30% of the profit generated by you app if any.
I think it is good to ask for initial fee, otherwise everyone would dump their apps on the platform. But 30% of your profit seems like too much. If Playmarket can really lower that fee, like they promise, it may be attract a lot of developers. |
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I saw this on napoleons website: ''WARNING : there are scams using napoleonx as domain name with other extensions. The only good one is napoleonx.ai. Please double check every information, or your participation may be stolen! You can go to our social media pages and contact us directly through linkedin or at contact@napoleonx.ai in case of doubt. We are partnering with Chaineum ( www.chaineum.com) and you can contact them also directly at ico-nap@chaineum.com. '' This happens to every ICO lately. |
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