UTRUST

[matjas]

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/928640492811808769
It will run just in one stage.

[mike0182]

I am eager to see how much the marketcap will be. I hope there will be not too much dump once it hit exchanges.

Most likely the price will drop a little at the very beginning, as those who participated in the presale will get good %, but in the future the price will rise.

[somogyipeti]

I am eager to see how much the marketcap will be. I hope there will be not too much dump once it hit exchanges.

Most likely the price will drop a little at the very beginning, as those who participated in the presale will get good %, but in the future the price will rise.

No you are wrong. They announced that early investors who brought from the pre-sale will not sell their tokens minimum for one year.

[yeswepump]

I am eager to see how much the marketcap will be. I hope there will be not too much dump once it hit exchanges.

Most likely the price will drop a little at the very beginning, as those who participated in the presale will get good %, but in the future the price will rise.

No you are wrong. They announced that early investors who brought from the pre-sale will not sell their tokens minimum for one year.

This is a good news. Do you have an official source for that? If it's so, it will make the first months of trading much more stable.

[mike0182]

I am eager to see how much the marketcap will be. I hope there will be not too much dump once it hit exchanges.

Most likely the price will drop a little at the very beginning, as those who participated in the presale will get good %, but in the future the price will rise.

No you are wrong. They announced that early investors who brought from the pre-sale will not sell their tokens minimum for one year.

It is clear, if it is really so, this changes the case, then probably there will be no reduction in the price at the start.

[Jay2408]

I am eager to see how much the marketcap will be. I hope there will be not too much dump once it hit exchanges.

Most likely the price will drop a little at the very beginning, as those who participated in the presale will get good %, but in the future the price will rise.

No you are wrong. They announced that early investors who brought from the pre-sale will not sell their tokens minimum for one year.

This is a good news. Do you have an official source for that? If it's so, it will make the first months of trading much more stable.

The vesting period of 12months applies for the presale for private investors and was in the same announcement as the extension of the ICO. It must be somewhere in the thread around the 9th Nov when their ICO was originally due to be finished.

[sunkat]

In e-mail sent one week ago, they said that "Private Investors — VESTED We talked to our private investors to negotiate a minimum vesting period of 12 months. This is great news as it means that another 100 million tokens cannot be withdrawn or sold for a full year."

I think they will reach hard cap in 21th Nov, before the end of ICO.

[SEELE^^01]

wanted to share a nice review with you guys, but it seems like it is paid from a third party to make it public.

here is the link to it: https://coinidol.com/utrust-ico-reaches-soft-cap-day-one-on-track-to-reach-hard-cap/

[lvsca]

wanted to share a nice review with you guys, but it seems like it is paid from a third party to make it public.

here is the link to it: https://coinidol.com/utrust-ico-reaches-soft-cap-day-one-on-track-to-reach-hard-cap/

nice review.
i think its good opinion, i don't care its paid review or not.

[cryptoboyMANO]

A small 60mil coins remaining and about 5 days left in the ICO.

This should bes surely doable imo.

It would be easier to 'do' it if the ICO wasn't already extended. But given that there's been such a long opportunity for investors to get in...

How much in dollar was raised in total ?

According to my calculations, around 29 million $ have been raised, but I can be wrong:

Tokens to be distributed: 440,644,085/500,000,000
Token price: 0.065 USD

440,644,085 x 0.065 = 28.6 mln

Thank you for the calculation... has this taken into account the bounties and pre-ico?
If so then I expect the amount to be less.. more like 20 Million ?

I don't think the calculation is that easy. Like you said, in the 440 million distributed tokens are the tokens from pre-sale, private-sale, the bounty and the tokens for the team included. Nevertheless, they raised way more than their softcap, which was 10 million USD, so they should have enough funds to develop their platform.

Not an approximate calculation buddy.. let me do the math..

https://i.imgur.com/VPEVq6M.png

Total money raised so far = 1M tokens - $2,000,000 (private) + 50M tokens - $1,500,000 (preico) + (217,688,243 so far out of 275M) = $14,149,735 Raised so far.

14 Million is the total money raised so far.
 

[cantdecide]

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.

Thanks, and my question is still hot! I really would love to know what devs are saying about it. I hope they have already some good plans.

[toolucky98]

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.

Thanks, and my question is still hot! I really would love to know what devs are saying about it. I hope they have already some good plans.

I also would like to know if they will jump into the global market and compete with paypal or they will just stay in crypto payment.

[SEELE^^01]

wanted to share a nice review with you guys, but it seems like it is paid from a third party to make it public.

here is the link to it: https://coinidol.com/utrust-ico-reaches-soft-cap-day-one-on-track-to-reach-hard-cap/

nice review.
i think its good opinion, i don't care its paid review or not.

yes, thats what i thought too. it was fun to read the review, but on the other hand, everyone should do is research first on his own before investing anything

[the_donald]

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.

Thanks, and my question is still hot! I really would love to know what devs are saying about it. I hope they have already some good plans.

I also would like to know if they will jump into the global market and compete with paypal or they will just stay in crypto payment.

I think first things first. develop the platform and then start to aggressively market it.

[levyashin]

wanted to share a nice review with you guys, but it seems like it is paid from a third party to make it public.

here is the link to it: https://coinidol.com/utrust-ico-reaches-soft-cap-day-one-on-track-to-reach-hard-cap/

I don't care it is paid or not. It is a nice article. Thanks for sharing it.

[Bambulee]

In e-mail sent one week ago, they said that "Private Investors — VESTED We talked to our private investors to negotiate a minimum vesting period of 12 months. This is great news as it means that another 100 million tokens cannot be withdrawn or sold for a full year."

I think they will reach hard cap in 21th Nov, before the end of ICO.

only 1 week more, but it is no un realistic, many people buy on the last 2 days of a ico.

[cantdecide]

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.

Thanks, and my question is still hot! I really would love to know what devs are saying about it. I hope they have already some good plans.

I also would like to know if they will jump into the global market and compete with paypal or they will just stay in crypto payment.

I think first things first. develop the platform and then start to aggressively market it.

Sure, first the development. But you don't think about marketing just one day before you make marketing. This is something which need to be planed in advance and not just by one week. I also don't asked for a detailed plan, just rough what they want to do

[matjas]

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.

[hanifhadzar]

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.

Thanks, and my question is still hot! I really would love to know what devs are saying about it. I hope they have already some good plans.

I also would like to know if they will jump into the global market and compete with paypal or they will just stay in crypto payment.

I think first things first. develop the platform and then start to aggressively market it.

Sure, first the development. But you don't think about marketing just one day before you make marketing. This is something which need to be planed in advance and not just by one week. I also don't asked for a detailed plan, just rough what they want to do

a good project always has a very calculating plan
it might take some time but I'm sure it will have a good impact on another day

[captainhera]

wanted to share a nice review with you guys, but it seems like it is paid from a third party to make it public.

here is the link to it: https://coinidol.com/utrust-ico-reaches-soft-cap-day-one-on-track-to-reach-hard-cap/

Thanks for sharing this!
Great article indeed! Always nice to see a review about a project you like.

Cant wait for the ICO to be over