UTRUST

[Pezso]

1 billion tokens @ $0.03 per to start, then it raises each of the 7 rounds. Total it looks you're hoping to raise is just south of 50 million dollars, correct? I'm still reading but I'm not seeing much here other than something that's already being done. There's a roadmap with timeframes but no timetable on future ICO rounds? How long do the rounds last? Until they sell out? What if they don't?

[1714152891]

1714152891

[temple]

1 billion tokens @ $0.03 per to start, then it raises each of the 7 rounds. Total it looks you're hoping to raise is just south of 50 million dollars, correct? I'm still reading but I'm not seeing much here other than something that's already being done. There's a roadmap with timeframes but no timetable on future ICO rounds? How long do the rounds last? Until they sell out? What if they don't?

50 million dollars is quite an ambitious goal. I hope it will be backed up by appropriate communication and action. Otherwise I can't really see how you are going to reach that. Also, the undisclosed part is really bad. Why wouldn't you just say how much they paid? It gives newer investors the chance to judge how likely it is that they are being dumped on extraordinarily hard.

[Alexandr Korelko]

50 million dollars is quite an ambitious goal. I hope it will be backed up by appropriate communication and action. Otherwise I can't really see how you are going to reach that. Also, the undisclosed part is really bad. Why wouldn't you just say how much they paid? It gives newer investors the chance to judge how likely it is that they are being dumped on extraordinarily hard.

To add to this, the structure is unbelievably bad for early investors. If the token is issued immediately:

-Phase 1 already exists and can dump on Phase 2 holders at any time
-Phase 2 holders have an upper boundary of $.04/token and can be dumped on at any time
-Phase 3 has an upper boundary of $.05 and can be dumped on twice as hard, etc.
...
-If the bull market reverses at any point during the ICO (let's say Phase 5) and a tranche is undersold, the people who bought during the .06 phase might wind up owning twice as much at .03 per, meaning everyone else is instantly dumped on 4 times as hard

If the token is not issued immediately, investors are locked into holding for months/years. Filecoin can do that. You're not Filecoin.

This is one of the worst ICO formats I've seen yet. If it's not reworked, I will avoid it.

[Kakumei]

1 billion tokens @ $0.03 per to start, then it raises each of the 7 rounds. Total it looks you're hoping to raise is just south of 50 million dollars, correct? I'm still reading but I'm not seeing much here other than something that's already being done. There's a roadmap with timeframes but no timetable on future ICO rounds? How long do the rounds last? Until they sell out? What if they don't?

Hi Pezso ,

We please find in the first page of our thread the reply to your questions. Other use made the exact same post and you.
All the best,
The UTRUST Team

[Kakumei]

50 million dollars is quite an ambitious goal. I hope it will be backed up by appropriate communication and action. Otherwise I can't really see how you are going to reach that. Also, the undisclosed part is really bad. Why wouldn't you just say how much they paid? It gives newer investors the chance to judge how likely it is that they are being dumped on extraordinarily hard.

Hi temple,

We are getting some major partners on board and we will make an announcement soon. We will do our best to manage all your expectations. Regarding the sale to private investors, we will also be disclosing the specific amount before the PRE-ICO starts, as the negotiations are still in progress and we have a lot of private investors interested at this point. Investors will never be dumped, as we are not just another coin leveraging token speculation. We are building a platform. A payment platform that will solve the fundamental problem that cryptocurrencies are facing now, its practical use as a mainstream payment method.

Please let us know if you have any further questions and we will be more than happy to reply.

All the best,
The UTRUST Team

[Kakumei]

50 million dollars is quite an ambitious goal. I hope it will be backed up by appropriate communication and action. Otherwise I can't really see how you are going to reach that. Also, the undisclosed part is really bad. Why wouldn't you just say how much they paid? It gives newer investors the chance to judge how likely it is that they are being dumped on extraordinarily hard.

To add to this, the structure is unbelievably bad for early investors. If the token is issued immediately:

-Phase 1 already exists and can dump on Phase 2 holders at any time
-Phase 2 holders have an upper boundary of $.04/token and can be dumped on at any time
-Phase 3 has an upper boundary of $.05 and can be dumped on twice as hard, etc.
...
-If the bull market reverses at any point during the ICO (let's say Phase 5) and a tranche is undersold, the people who bought during the .06 phase might wind up owning twice as much at .03 per, meaning everyone else is instantly dumped on 4 times as hard

If the token is not issued immediately, investors are locked into holding for months/years. Filecoin can do that. You're not Filecoin.

This is one of the worst ICO formats I've seen yet. If it's not reworked, I will avoid it.

Hi Alexandr,

Your presumptions are incorrect. Firstly, upon Pre-ICO closure, the ICO will start in no more than one week's time.
Each round of the ICO will have a maximum duration of 7 days. Each round will close the moment the tokens are sold out, with the next round beginning in 24 hours. This means that:
- In this best-case scenario (the one we are fully confident will happen) the duration of the ICO will be 14 days.
- In the worst-case scenario, the duration will be 55 days (with each one of the 7 rounds closing in 7 days, plus the 24h timeframe in between).

The UTRUST Tokens will be issued to investors 3 days after the ICO closes.
We are confident that our structure is one of the best you will find.

Please let us know if you have any other questions and we will be more than happy to reply.

All the best,
The UTRUST Team

[finles_ceo]

Hi! What are the benefits for investors? Any dividends or coins buyback?

[BrickShares]

Reserve for dutch and german translation! Also i'm expert in ico marketing! Let me know if you are interested!

[bitCatcher]

this is a game changer..already buy a lot of my stuff with btc..just wish you had this service already..got burned last week buying a vpn service with bitpay..no service, no reply, no money, nothing
does this work for private sales? if I want to buy something from a normal private person and use this instead of escrow?

[Kakumei]

Hi! What are the benefits for investors? Any dividends or coins buyback?

Hi fineles_ceo,

How will this strategic value coupling work? Each time a buyer pays with any cryptocurrency via UTRUST payment platform a percentage of the transactional fee is used to buyback UTRUST token and remove them from the market. The removed tokens will be destroyed. This will reduce the amount of UTRUST token supply further driving demand, the adoption of the platform and the value for investors. The higher the volume of transactions in the UTRUST platform, the higher the potential market value of the token. Since a percentage of the transaction fee is removed from the pool in each market transaction, the more UTRUST platform is used (with any crypto), the further the price of UTRUST appreciates, a built-in adjustment that acts as our self-correcting mechanism. If an investor decides to hold UTRUST token for the long run, though it will be subjected to exchange market fluctuations, there is a protective layer that links it to a sustainable financial platform. This so called intrinsic deflationary engine makes UTRUST not only the safest payment platform, but a great token for investment and store of value.

The amount of UTRUST tokens is projected to be reduced from the initial 1 billion to a minimum cap of 100 million, at a rate no faster than 50 million a year. This dynamic adjustment of the fee burn rate will be managed by the UTRUST platform analytics engine with the goal of balancing token supply and demand while encouraging transaction growth.


Let us know if you have any further questions and we will be more than happy to reply.
All the best,
The UTRUST Team

[Saidmod]

What platform base is this Token and may i know how much will be its target minimum cap and maximum .?  I am thinking how this payments works and for what exchange it will be available in payment.

[Neurocrypt]

Many people chase their dreams but only a few wake up and do something about it. UTRUST is doing great things about it

[Kakumei]

this is a game changer..already buy a lot of my stuff with btc..just wish you had this service already..got burned last week buying a vpn service with bitpay..no service, no reply, no money, nothing
does this work for private sales? if I want to buy something from a normal private person and use this instead of escrow?

Hi bitCatcher,

Regarding transactions between a buyer and a private seller you will be able to use our platform as well. Buyers will be able to pay merchants and private sellers with full purchase protection. If you are familiar with PayPal our service is similar regarding this specific situation. Saying that and if further compared with PayPal we bring a lot of advantages to buyers and sellers if compared with PayPal as our service is blockchain based and not traditional.

If you have any further question let us know and we will be more than happy to reply.

All the best,
UTRUST Team

[Kakumei]

What platform base is this Token and may i know how much will be its target minimum cap and maximum .?  I am thinking how this payments works and for what exchange it will be available in payment.

Hi Saidmod,


UTRUST Token is Ethereum based. Our minimum cap is $10.000.000 and maximum is $50.000.000. Regarding exchangers we have the necessary contacts to put our token in major exchangers. We will announce it soon. For full details of how payments work please check out whitepaper. You will find all the info you need there and if you have any other questions please let us know and we will be more than happy to reply.

All the best,
UTRUST Team

[ljp7839008]

hi,dev,I think more information is needed about your team members, and signature activities are needed

[Kakumei]

Many people chase their dreams but only a few wake up and do something about it. UTRUST is doing great things about it

Hi Neutocrypt,

Thank you for the strong words. This is exactly how we see this. We will not let you down!


All the best,
UTRUST Team

[Kakumei]

hi,dev,I think more information is needed about your team members, and signature activities are needed

Hi ljp7839008, Thank you for your message.

You can find full Team details on our webpage team section (https://utrust.io/team).
I would like to say we are fully transparent with our team profiles. We are unlike the other 99% of ICO projects out there, with maybe 1-2 out of 8 team members having a background in tech and no social profile or LinkedIn to speak of, where you can see one’s the full background, professional history and projects.

We are a proud team with more than 15 developers, with a rich and detailed history of each of our professional achievements, having worked with huge international companies. Also, 3 PhD with full background in cybersecurity and published academic papers. We have strong advisors in management and sales and will announce even more new members during the next few days.
We strongly believe than in order to any project to succeed the team must be composted mostly by experienced developers.

Please feel free to check out team members profiles (https://utrust.io/team) and subscribe in the page so you can get future email updates.

All the best,
The UTRUST Team

[Richardnoordsche]

Many projects with the same concept, but this project is very interesting, especially at low cost, it will be a very good promotional material, I'm interested in this project, is there a bounty campaign dev?

[temple]

50 million dollars is quite an ambitious goal. I hope it will be backed up by appropriate communication and action. Otherwise I can't really see how you are going to reach that. Also, the undisclosed part is really bad. Why wouldn't you just say how much they paid? It gives newer investors the chance to judge how likely it is that they are being dumped on extraordinarily hard.

Hi temple,

We are getting some major partners on board and we will make an announcement soon. We will do our best to manage all your expectations. Regarding the sale to private investors, we will also be disclosing the specific amount before the PRE-ICO starts, as the negotiations are still in progress and we have a lot of private investors interested at this point. Investors will never be dumped, as we are not just another coin leveraging token speculation. We are building a platform. A payment platform that will solve the fundamental problem that cryptocurrencies are facing now, its practical use as a mainstream payment method.

Please let us know if you have any further questions and we will be more than happy to reply.

All the best,
The UTRUST Team

Thank you for that info. However, it remains to be seen whether you live up to your promises or not. Of course, no single project claims the opposite in the form of "by the way, we are nuts another coin leveraging token speculation". I hope you pull it off the way you say. Looking forward to your announcements.

[yadan86]

please reply. I can do the Italian translation for free for you?

you can post message to dev ,if dev need he will reply you,