UTRUST

[muratsink]

When do you open an official telegram chat?

They do not use telegram, they want to focus the discussion on one place, so they just make anek slack

[1715300078]

1715300078

[poiseulle]

how's the ICO going? hope it is a success. wondering when I can get my translation bounty, I think I have submitted my ETH wallet address by google sheet.

[ImHash]

I like the idea of such project, it was about the time to have something like UTRUST but I don't know how the adoption could work considering paypal took many years to be adopted worldwide. Another thing is about the staff members trying to help with the disputes, they will surely need to receive a salary, I wonder if you already have everyone or are you going to hire people when you are in the business ready for work?

[ChillZombies]

When do you open an official telegram chat?

They do not use telegram, they want to focus the discussion on one place, so they just make anek slack

They actually do have a telegram, although it is rather new but here's the link
https://t.me/utrustofficial

[Kakumei]

Why delayed the opening of the first round ico?

We decided to slightly postpone the first ICO round to run marketing campaigns to raise awareness.

Was there a soft cap and what you are going to do with unsold tokens?

Every ICO round lasts 7 days or until sold out. If we are not selling all tokens, these are then burnt and taken out of circulation for everybody. It is, therefore, possible that we will have less than 1bn tokens in circulation. However, we are also very confident that all rounds will sell out quickly.

I like the idea of such project, it was about the time to have something like UTRUST but I don't know how the adoption could work considering paypal took many years to be adopted worldwide. Another thing is about the staff members trying to help with the disputes, they will surely need to receive a salary, I wonder if you already have everyone or are you going to hire people when you are in the business ready for work?

We already have a pretty big team, however, more staff will be added as required.

[timotron]

Hi,

I looking for one Email to contact the team, have something to talk about.

so please give me a contact Email.

Thank you
Timotron

[Champ1]

Looks very similar to Monetha, as long as they have a whitelist for their ICO - will instantly be a better project in my mind.

Will reach out re the bounty, best of luck UTRUST.

[husdemba]

Hi, i am joined the Blog campaign. I hope that UTRUST and the ICO can be successful. Good luck to UTRUST Team!

[mekar sari]

Hi,

I looking for one Email to contact the team, have something to talk about.

so please give me a contact Email.

Thank you
Timotron

You can contact them from slack chanel, slcak more easier than email to chat with them .
Utrust also does not install email on its website

[sonulrk]

My question for developers are:

Why there is 1st round having undisclosed total amount?
Should I assume that you yourself bought the first round of 100,000,000 token with total amount of $1?

You need an ICO for your project but do not respect transparency. Please do care about your tag line because many have burnt their fingers with this tag line already like "A new era of future payments".

[adam1230]

we need more transparency here.
Can you please share pre-sale amount and total payments here?
Also please update first post so we can see every step clearly.
I believe this project will be better then monetha

[karanj]

A very good platform.Payment solution for future online transfer.Looking forward to it.

[cwestmac]

we need more transparency here.
Can you please share pre-sale amount and total payments here?
Also please update first post so we can see every step clearly.
I believe this project will be better then monetha

Hi,

The Pre-ICO had 50,000,000 tokens, and all 7 rounds have 100,000,000 tokens.  7x100,000,000 = 700,000,000.  700,000,000 + 50,000,000 = 750,000,000.  Meaning there were 250,000,000 tokens at a price of $0.02 reserved for strategic partnerships, private investors, etc.  And since they sold out the pre-ICO and private investor ICOs, we can deduce that they have sold 300,000,000 tokens to this date out of a maximum of 300,000,000 tokens.  There are 700,000,000 tokens remaining at the prices and rounds set on their ICO page: https://utrust.io/ico#ico

If they sold 250,000,000 at a price of $0.02, then that would be a total of $5,000,000.  And 50,000,000 at a price of $0.03 would equal $1,500,000.  However, what I am not sure about is if ALL private investors paid $0.02, as there is a little blurb that says "Token price set individually on a partner-by-partner basis." but then it says the price is $0.02.  So someone from UTRUST will have to clarify that.

[rejosh]

we need more transparency here.
Can you please share pre-sale amount and total payments here?
Also please update first post so we can see every step clearly.
I believe this project will be better then monetha

So far I think the first round was sold to their own partners and investors @.02 per coin which will make the 100 million token sale to be 2millions worth. The second round (pre-ico) was done quietly they haven’t advertise much about this which was at a price of .03 per coin. They have sold 50 million token at this price which will make 1.2 million in total token sale.  The pre ico was sold in 90 minutes without any advertisement. They have quietly collected over 3.5 million so far in tokens sale. The next round is 100 million tokens at $.04. They are doing a lot of adverts this time so it will be sold in no time.             

[rejosh]

we need more transparency here.
Can you please share pre-sale amount and total payments here?
Also please update first post so we can see every step clearly.
I believe this project will be better then monetha

Hi,

The Pre-ICO had 50,000,000 tokens, and all 7 rounds have 100,000,000 tokens.  7x100,000,000 = 700,000,000.  700,000,000 + 50,000,000 = 750,000,000.  Meaning there were 250,000,000 tokens at a price of $0.02 reserved for strategic partnerships, private investors, etc.  And since they sold out the pre-ICO and private investor ICOs, we can deduce that they have sold 300,000,000 tokens to this date out of a maximum of 300,000,000 tokens.  There are 700,000,000 tokens remaining at the prices and rounds set on their ICO page: https://utrust.io/ico#ico

If they sold 250,000,000 at a price of $0.02, then that would be a total of $5,000,000.  And 50,000,000 at a price of $0.03 would equal $1,500,000.  However, what I am not sure about is if ALL private investors paid $0.02, as there is a little blurb that says "Token price set individually on a partner-by-partner basis." but then it says the price is $0.02.  So someone from UTRUST will have to clarify that.

Sorry mate you are wrong private sale was only 100 million tokens. 50 million for the pre ico. 700 million for the seven I co rounds. 50 million for bounty. 100 million for the utrust future diluted 2% per year for next 5 years.

[cwestmac]

we need more transparency here.
Can you please share pre-sale amount and total payments here?
Also please update first post so we can see every step clearly.
I believe this project will be better then monetha

Hi,

The Pre-ICO had 50,000,000 tokens, and all 7 rounds have 100,000,000 tokens.  7x100,000,000 = 700,000,000.  700,000,000 + 50,000,000 = 750,000,000.  Meaning there were 250,000,000 tokens at a price of $0.02 reserved for strategic partnerships, private investors, etc.  And since they sold out the pre-ICO and private investor ICOs, we can deduce that they have sold 300,000,000 tokens to this date out of a maximum of 300,000,000 tokens.  There are 700,000,000 tokens remaining at the prices and rounds set on their ICO page: https://utrust.io/ico#ico

If they sold 250,000,000 at a price of $0.02, then that would be a total of $5,000,000.  And 50,000,000 at a price of $0.03 would equal $1,500,000.  However, what I am not sure about is if ALL private investors paid $0.02, as there is a little blurb that says "Token price set individually on a partner-by-partner basis." but then it says the price is $0.02.  So someone from UTRUST will have to clarify that.

Sorry, I did my math wrong... I just realized the private investor sale was limited to 10%, which would be 100,000,000 tokens at $0.02 = $2,000,000.  Plus the 50,000,000 tokens at $0.03 for the pre-sale which is 1,500,000.  So $3.5M total so far.

[Kakumei]

Dear Community,

Thank you for all your questions, I am trying to answer them all one by one.

Hi,

I looking for one Email to contact the team, have something to talk about.

so please give me a contact Email.

Thank you
Timotron

Thanks, please contact us in our Slack or Telegram channels.

Looks very similar to Monetha, as long as they have a whitelist for their ICO - will instantly be a better project in my mind.

No whitelist, so everybody is free to participate. We actually offer some functionality that Monetha doesn, such as buyer protection and non-Ethereum based payments.

Hi, i am joined the Blog campaign. I hope that UTRUST and the ICO can be successful. Good luck to UTRUST Team!

Thanks 👏 👏 👏

Why there is 1st round having undisclosed total amount?
Should I assume that you yourself bought the first round of 100,000,000 token with total amount of $1?

You need an ICO for your project but do not respect transparency. Please do care about your tag line because many have burnt their fingers with this tag line already like "A new era of future payments".

we need more transparency here.
Can you please share pre-sale amount and total payments here?
Also please update first post so we can see every step clearly.
I believe this project will be better then monetha

Hi sonulrk and adam1230!

As an official statement: the non-disclosed private investor round was 100,000,000 tokens @ $0.02. The pre-ICO afterwards sold all 50,000,000 available tokens at $0.03 within only 90 minutes! 👍 🎉

A very good platform.Payment solution for future online transfer.Looking forward to it.

We are just as excited and looking forward to our first open ICO round on 20th September 2017 at 2 PM GMT with a price of $0.04! 💰

If they sold 250,000,000 at a price of $0.02, then that would be a total of $5,000,000.  And 50,000,000 at a price of $0.03 would equal $1,500,000.  However, what I am not sure about is if ALL private investors paid $0.02, as there is a little blurb that says "Token price set individually on a partner-by-partner basis." but then it says the price is $0.02.  So someone from UTRUST will have to clarify that.

I hope I made this clear above, all private investor tokens were sold for $0.02.

Sorry, I did my math wrong... I just realized the private investor sale was limited to 10%, which would be 100,000,000 tokens at $0.02 = $2,000,000.  Plus the 50,000,000 tokens at $0.03 for the pre-sale which is 1,500,000.  So $3.5M total so far.

This is correct!

Also a small update

We slightly changed the ICO timings to 2 PM GMT and removed the 24 hour window in-between ICO rounds. Instead, the ICO now runs continuously from the 20th of September at 2 PM GMT and runs fluently into the following rounds.

I hope this made some things clear and if you have any other question, please don't hesitate to reach out!

[ChillZombies]

Also a small update

We slightly changed the ICO timings to 2 PM GMT and removed the 24 hour window in-between ICO rounds. Instead, the ICO now runs continuously from the 20th of September at 2 PM GMT and runs fluently into the following rounds.

I hope this made some things clear and if you have any other question, please don't hesitate to reach out!

fantastic news! now i dont need to hyperventilate if i dont make the first round in time lol 

[corleto]

Now I actually don't have to be stuck in traffic at opening and might be able to participate in this round

[rejosh]

Also a small update

We slightly changed the ICO timings to 2 PM GMT and removed the 24 hour window in-between ICO rounds. Instead, the ICO now runs continuously from the 20th of September at 2 PM GMT and runs fluently into the following rounds.

I hope this made some things clear and if you have any other question, please don't hesitate to reach out!

fantastic news! now i dont need to hyperventilate if i dont make the first round in time lol 

That’s a very good news now people will have the chance to get some tokens rather than fearing out to loose there transection fees.