UTRUST

[lvsca]

How much have been collected so far ? no informations anywhere

2 million USD in the private round and 1,5 million in the pre-ICO. Both were sold out quickly. So 3.5 million in total.

nice move, only waiting ICO end

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[deppil]

in fact there are many third parties who provide facilities to pay for an item using bitcoin. does utrust have the same facilities to buy goods but you can use whatever cryptocurrency you want , and the next problem is the merchants? is it all merchants will be ready to accept utrust?

[Korsakopf]

Check out this blog from them: https://medium.com/@UTRUST/u-t-r-u-s-t-our-values-a67dabc82ca9

Pretty good write-up of their mission. I love a team who is open about their goals.

[the_donald]

in fact there are many third parties who provide facilities to pay for an item using bitcoin. does utrust have the same facilities to buy goods but you can use whatever cryptocurrency you want , and the next problem is the merchants? is it all merchants will be ready to accept utrust?

that's what they will try to solve, get merchants on board with this system. it's going to start slowly, but if the dev's do their job right, it will add up to a lot.

[gawajn]

Does anybody know what the bonuses for the pre ico and private investors were. Any hints when the ICO in October will start?
I am interested in this coin. If they keep the promises, this project can get big!

[cantdecide]

How much have been collected so far ? no informations anywhere

2 million USD in the private round and 1,5 million in the pre-ICO. Both were sold out quickly. So 3.5 million in total.

And the main ICO ? it started today i thought

It's announced for October, but not yet with a datum. So we all have to wait, or have I missed an announcment?

[magisterr]

Does anybody know what the bonuses for the pre ico and private investors were. Any hints when the ICO in October will start?
I am interested in this coin. If they keep the promises, this project can get big!

Any bonuses, but price was much less. 2 cent on pre-ico, instead 6.5 cent on ICO.
No, still no exact date of ICO. But it will be announced in the 1-st week of october. I hope ICO will be in 1-st week also.

[sockpuppet1911]

Two things to keep in mind:
- we've been in a bear market and are just going bullish again. Many projects that were trading below ICO price already start to recover.
- the presale was only open for select investors, the pre-ico had a very low cap and was sold out quickly. It's quite unlikely that most of these investors will flip their tokens.
So I wouldn't place by bets on being able to buy tokens below ICO price after they hit exchanges.
You can just wait for the ICO and watch if there's a lot of demand at all though, crypto moves fast. If UTRUST fails to reach the ICO target that quickly again, that's indicating lower demand, which means the prices might drop lower.
But tbh, a 10-30% difference for the ICO doesn't really matter anyway when we're talking about 1000-10000% profits over a span of 10+ years.

Things move faster in crypto scene. Estimates like 10+ years are just insane to give, it compares to 500 years or something like that in traditional investing scene.

[Xenrise]

Has the date for the start of ICO been finalized or not yet ? All I can see on website is still keep telling that in first week of October. It seems that the crowdfunding will run all its period because $49 millions hardcap is not little though it is achievable. let's see how it moves ahead once the ICO starts in few days.

Just hold on and we can have that money. We just need to wait and for the investors to come. UTRUST is a great project so if investors invests here they will profit a lot.

[bitsurfer2014]

in fact there are many third parties who provide facilities to pay for an item using bitcoin. does utrust have the same facilities to buy goods but you can use whatever cryptocurrency you want , and the next problem is the merchants? is it all merchants will be ready to accept utrust?

With UTRUST's cool features not found in today's.payment platforms, I think partner merchants will adapt it definitely.

[Kakumei]

in fact there are many third parties who provide facilities to pay for an item using bitcoin. does utrust have the same facilities to buy goods but you can use whatever cryptocurrency you want , and the next problem is the merchants? is it all merchants will be ready to accept utrust?

With UTRUST's cool features not found in today's.payment platforms, I think partner merchants will adapt it definitely.

We agree! But it's not only merchants. Think about it as both, a B2C and a C2C platform. If you owe your friend some money you can just go into the app and send him some. Even if you just have Ether or Monero and owe him U.S. Dollars and vice versa!

[evilgreed]

in fact there are many third parties who provide facilities to pay for an item using bitcoin. does utrust have the same facilities to buy goods but you can use whatever cryptocurrency you want , and the next problem is the merchants? is it all merchants will be ready to accept utrust?

With UTRUST's cool features not found in today's.payment platforms, I think partner merchants will adapt it definitely.

We agree! But it's not only merchants. Think about it as both, a B2C and a C2C platform. If you owe your friend some money you can just go into the app and send him some. Even if you just have Ether or Monero and owe him U.S. Dollars and vice versa!

                          I guess the merchants wont be the next problem and according to what i have read and their roadmap, definitely the merchants adapt it, not instantly but, as time will go, when they see a lot of improvement not only to what Utrust can offer. Although some may say that it is impossible, i still believe it wont fail.

[Oceat]

in fact there are many third parties who provide facilities to pay for an item using bitcoin. does utrust have the same facilities to buy goods but you can use whatever cryptocurrency you want , and the next problem is the merchants? is it all merchants will be ready to accept utrust?

With UTRUST's cool features not found in today's.payment platforms, I think partner merchants will adapt it definitely.

We agree! But it's not only merchants. Think about it as both, a B2C and a C2C platform. If you owe your friend some money you can just go into the app and send him some. Even if you just have Ether or Monero and owe him U.S. Dollars and vice versa!

It looks too good to me that knowing something like this will benefit a lot on the user sides. Goodluck on the team and dev of this project!  

[longminh123]

Has the date for the start of ICO been finalized or not yet ? All I can see on website is still keep telling that in first week of October. It seems that the crowdfunding will run all its period because $49 millions hardcap is not little though it is achievable. let's see how it moves ahead once the ICO starts in few days.

Just hold on and we can have that money. We just need to wait and for the investors to come. UTRUST is a great project so if investors invests here they will profit a lot.

I agree with you . Utrust is a potential investment and certainly many investors will be profitable because this project is heavily supported by the community and they have a very good development team. I am sure the project will be successful

[5628398]

this project will better than PAY and MCO
no doubt it

[Korsakopf]

How much have been collected so far ? no informations anywhere

2 million USD in the private round and 1,5 million in the pre-ICO. Both were sold out quickly. So 3.5 million in total.

Ohhh, pretty nice. Good to see it attracted the attention of some big investors. If they got 2 million in a private round, then they passed the scrutiny of some big investors.

[PagSure]

How much have been collected so far ? no informations anywhere

2 million USD in the private round and 1,5 million in the pre-ICO. Both were sold out quickly. So 3.5 million in total.

And the main ICO ? it started today i thought

No the main ICO haven't started yet, UTRUST team will announce when will be the exact ICO this October. Few more days and we will all hear what is the next step for the ICO. I can't wait for it!

[Nicol3]

this project will better than PAY and MCO
no doubt it

What do you mean will better than PAY and MCO?
But I do hope to see on the website how much have already been collected so we would also know the outcome of the project if it is successful and if it has reached its target as well.

[achikomimi]

Two things to keep in mind:
- we've been in a bear market and are just going bullish again. Many projects that were trading below ICO price already start to recover.
- the presale was only open for select investors, the pre-ico had a very low cap and was sold out quickly. It's quite unlikely that most of these investors will flip their tokens.
So I wouldn't place by bets on being able to buy tokens below ICO price after they hit exchanges.
You can just wait for the ICO and watch if there's a lot of demand at all though, crypto moves fast. If UTRUST fails to reach the ICO target that quickly again, that's indicating lower demand, which means the prices might drop lower.
But tbh, a 10-30% difference for the ICO doesn't really matter anyway when we're talking about 1000-10000% profits over a span of 10+ years.

You nailed it! What's 10-30% of profit when you can have 1000-10000% profits in just a matter of time, right? With this kind of platform it is not impossible to achieve that certain growth. UTRUST is the problem solver that will definitely solve the thousands of complaints that we have right now in our online payment system.

[Chikitita2004]

Two things to keep in mind:
- we've been in a bear market and are just going bullish again. Many projects that were trading below ICO price already start to recover.
- the presale was only open for select investors, the pre-ico had a very low cap and was sold out quickly. It's quite unlikely that most of these investors will flip their tokens.
So I wouldn't place by bets on being able to buy tokens below ICO price after they hit exchanges.
You can just wait for the ICO and watch if there's a lot of demand at all though, crypto moves fast. If UTRUST fails to reach the ICO target that quickly again, that's indicating lower demand, which means the prices might drop lower.
But tbh, a 10-30% difference for the ICO doesn't really matter anyway when we're talking about 1000-10000% profits over a span of 10+ years.

Quite interesting. I think too that we will have big ROI from this ICO. The project attracts quite some attention 

This projecf will burn all unsold tokens will this be a good step to hype the token after the crowdsale? What will be the effect of this at the value of the tokens?

Well, good question. According to their white paper, they will burn tokens, so the token stocks will be deminished. There will be scarcity in the supply that will cause increase in demand. This unmet demand will make the price higher so the token holders will benefit from it's increase in price.