If my wallet got stolen when I went out drinking on halloween, would an official replacement document from the police be sufficient to participate in the ICO? Note that the document I'm talking about is a paper size A4, not a credit card sized ID, it would take weeks to get one of those,and the ICO would be long over by then.
You don't need to KYC straight away to participate, only to withdraw your tokens.
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Hello UTRUST, please answer several questions:
1. 10% of company tokens, what are purpose for them? 1.1. Are they team tokens? 1.2. Are those tokens frozen? What period?
2. Do you have smart contract during a sale? 2.1. if no, why?
3. when are you planing go to exchanges? 3.1. which?
Hi smartJEV! 1. The purpose is outlined in the whitepaper exactly. The vast majority goes into development. 1.1. No, no team tokens at all. 1.2. Yes, all our funds are diluted over 5 years, released at 2% every year. 2. No 2.1. We accept multiple currencies (Ethereum and Bitcoin). Therefore, no smart contract. 3. Absolutely, we are already talking to several exchanges and will be listed shortly after the tokens become withdrawable. 3.1. We cannot announce this yet, but we are talking big exchanges! Thank you so much for sharing! I hope this helps. 9 Hours 30 Minutes to go!
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Are you planning to accept fiat as initial currency?
The buyer will only be able to cryptocurrencies, but the merchant will receive fiat during a transaction
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Today crowdsale will start. In which time? November 2nd , 2pm UTC
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Even though I think this approval for accredited US-based investors won't affect the majority of the forum members from the States here, it is still nice.
I am sure the legal team of UTrust did their best to give access to the ICO to as many people as possible but they have to stick to the rules and regulations of the FINMA.
It's good to know that Utrust is serious about regulations and rules Yes we are fully compliant, it's the only way to ensure smooth sailing in the future
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All be ready for tomorrow, passeport ready to participate in the ico. The team handle the communication really well, its a pretty nice indicator for investors, Utrust will raise a lot im sure !
I think all is set for a successful ICO. Good luck everyone. May the force of UTRUST be with you. Less than 15 hours left!Thank you for your support everyone!
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Approved countries? LOL. Crypto currency have no borders, no limits. It's freedom. Nobody need any approvement from anybody.
Unfortunately, you would be wrong. We are incorporated in Switzerland as UTRUST Switzerland AG. Regulated by the Swiss Financial Market Supervisory Authority (FINMA). We are 100% compliant and offer a fiat gateway with several fiat currencies and instant conversion to your bank account. I hope this helps!
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The good news, USA investors are allowed! The bad news, the USA investors have to be Qualified Accredited Investors. In the United States, to be considered an accredited investor, one must have a net worth of at least $1,000,000, excluding the value of one's primary residence, or have income at least $200,000 each year for the last two years (or $300,000 combined income if married) and have the expectation to make the same amount this year. https://en.wikipedia.org/wiki/Accredited_investor#United_StatesIndeed, plus they are subject to a 12-month vesting period. Still, great for some!
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Dear Community,Today we are announcing the final list of approved countries able to participate in our ICO on the 02 November 2pm UTC. Here is the final list:https://docs.google.com/spreadsheets/d/1VLB7fotMU8VYZFoZtgnX7V30rrAV9skDeS1Fq3lGutsPlease note:- A valid passport, ID or driver's licence is required.
- You also need a proof of residency that has your name, e.g. utility bill, bank statement, etc.
Check out the latest articles:Should you have any other questions, please join our Telegram or email us at support@utrust.io. All the best, The UTRUST Team
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You sold to private investors for 2000000$ and pre-sale - 1500000$. Your message indicates private investors. What about the members pre-sale?
Our pre-sale has no vesting period, but the majority of private investors and all U.S. investors do. Millions worth of coins will be locked up for 6-12 months, without a chance to withdraw or sell them. I hope this helps! 👏
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To clarify the pre-sale arguments here... - All of our U.S. investors are subject to a 12-month vesting period.
- The vast majority of our private investors are subject to 6-12 month vesting periods.
No selling pressure here! 🚀 Why do you lead people astray? Who will forbid them to sell their tokens in the first minutes after market? Everyone who purchased the tokens on the ICO will receive a loss from this.Vesting period means they cannot withdraw tokens. Simple as that! Where is it written? You just invented that up?We actually wrote this to all of our around 50,000 signed up users a week ago. So there are a lot of users that can attest for that. This was the email:
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To clarify the pre-sale arguments here... - All of our U.S. investors are subject to a 12-month vesting period.
- The vast majority of our private investors are subject to 6-12 month vesting periods.
No selling pressure here! 🚀 Why do you lead people astray? Who will forbid them to sell their tokens in the first minutes after market? Everyone who purchased the tokens on the ICO will receive a loss from this.Vesting period means they cannot withdraw tokens. Simple as that!
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To clarify the pre-sale arguments here... - All of our U.S. investors are subject to a 12-month vesting period.
- The vast majority of our private investors are subject to 6-12 month vesting periods.
No selling pressure here! 🚀
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Quoting Kakumei " we are going to onboard the first merchants by the end of December 2017!" Can you give us a little hint about that ? Or there's a NDA in place ? Not yet, but we will announce it very soon, together with an MVP!
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I'm more scared about the outcome of the s2x fork, imagine if someone like Coinbase list s2x coin as BTC and people get misleaded. Also s2x supporters are gonna dump BTC to screw up the price. This kids are playing with fire, I'm fully in alts, I won't touch btc anytime soon
Coinbase actually already said they won't do that! https://support.coinbase.com/customer/portal/articles/2892985-segwit-2x-faqWhat will Coinbase call these two blockchains? Following the fork, we will continue referring to the current bitcoin blockchain as Bitcoin with the symbol BTC. We will refer to the new blockchain resulting from the fork as Bitcoin2x with the symbol B2X. If the Segwit2x change is accepted by most users, we may choose to rename these blockchains at a later date.
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Nice one! Thank you for the insight into your office The sneak peak at the end is nice to see by the way, but I wished you would have taken something else like BTC just to make it a bit more not so obvious I think UTrust is one of the most transparent companies that are doing some ICOs out there. This only gives investors more confidence to put some of their investments to this project. I'm already sold on this project but this only makes me more wanting to invest more. I love how confidence they are in their project. Something that is lacking to other projects doing ICOs these days. Utrust is very serious with the project, it can be seen from a bunch of advertisements they've done. It should bring more confidence to investors out there. Thank you! HI DEV,I SAW AN AIRDROP ON THIS LINK--https://docs.google.com/forms/d/e/1FAIpQLSc6Y_fz5q7ahzXJb2TX0G9FhiYI5wImcMwCina8jCfJryZjBw/viewform
I just want to be sure is coming from your team,ur swift response will be appreciated.
Not from us and not sure where it came from to be honest. Wow, Utrust will be around the world next month:
For the next month we are confirmed to be at: 🇬🇧 Long Finance Digital Currencies Trade Fair 23rd October, London, United Kingdom 🇺🇸 Blockchain Economic Forum 2017 311st November, New York, U.S.A. 🇵🇹 Web Summit 2017 69th November, Lisbon, Portugal 🇯🇵 Blockchain & Cryptocurrency Conference 11th November, Tokyo, Japan 🇨🇭 Switzerland Wealth Innovation Tour 15th November, Zug, Switzerland 🇨🇭 Blockchain Summit 22nd November, Zug, Switzerland 🇬🇧 Blockchain Summit London Olympia 28th November, London, United Kingdom 🇸🇬 Blockshow Asia 2930th November, Singapore 🇵🇱 Cryptocurrency World Expo 12nd December, Warsaw, Poland
The team is getting quite busy it will be interesting to know what was the outcome of each of these conventions. Anybody knows if any of these convention / meetings in particular is focused on finding merchant or market that will use the platform? That would be great to know. Just one day left before the starting of the ico. Things must be pretty chaotic in there now to be ready. Just do your own research before to see if this is the right The conferences serve the main purpose of networking, forging new partnerships and getting the word out!
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Where is the core team developing the blockchain ? I mean where are they registered ?
Our legal, financial arms and place of incorporation are in Switzerland. Our operational branch (Engineering & UX) is in Portugal. Our team is international All the best, Your UTRUST Team
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Thank you for sharing video ) It shows, that team really working by they product. Keep us updated every time Investors appreciate such insight in your project. That's what builds up trust the most. I am looking forward to participating in your ICO. constant communication with the community is always a good promoter of the project. shows the devs are dedicated and transparent. It is very important to us!
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Very nice vid this shows more trust for Utrust . And nice sneak peek, this means that the API for merchants will be ready before Q3 2018 ? We plan to get the first selected merchants onboarded by December of this year (2017) actually. Way ahead of schedule!
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