UTRUST

[lordzc]

Dear Community,

 
We have had a lot of questions related to how the ICO & KYC process will work.
 

Here is the breakdown:

ICO opens on 02 November 2017 at 2PM UTC and Ethereum and Bitcoin contribution addresses will be displayed. Every participant will have private deposit addresses assigned to them.

Send the Bitcoin or Ethereum contribution to the address displayed in your dashboard.

Once all tokens are sold out or after a maximum of 7 days, the ICO closes. Unsold tokens will be burned and taken out of circulation permanently.

If your contribution was accepted, you will need to verify your account. Your dashboard will display a link to complete your verification. Should your contribution not be accepted (e.g. because we sold out), your transactions will be refunded.

During the account verification (KYC) we will require a proof of ID* and proof of address. This is an easy process and, if needed, you will be able to repeat the process multiple times.

Once the verification process is completed, you will be able to withdraw your UTRUST tokens (we will have a guide in place to show you how to do it).

As an extra layer of security to finalize your withdrawal we will send a confirmation to your registered email address.

You are now a proud owner of UTRUST tokens.
Thank you for joining the online payments revolution! 🚀


In the meantime, should you have any questions please reach out!

[matjas]

What kind of documents will you require for proof of address? If those documents are in my language, how can I present it to you without translation?

Hi!

We are using a 3rd-party and they should be able to handle them, I will confirm this for you.

Utility bills, Local authority, Banking, Housing, Insurance, ... all of those and similar should work!

How can bills or Insurances be save to proof my identity? I mean, they could be easily faked or be stolen? Do I not need to identify myself with official documents like my ID card or something?

Bills can prove an address, but you're right, they can be easily faked. Cryptoworld works with anonymity, that's why probably you don't need to show an ID or official documents like this...

[Kanoe_Yuuko]

ICO date is getting closer and closer, i already prepare my eth for a long time .

[Yasemin]

Here is a new but insightful review of Utrust that raises a number of concerns about the project that I think are well worth taking into account before investing in the ICO: https://crushcrypto.com/analysis-of-utrust/?awt_l=GNUg5&awt_m=hUWLWOaJ1r561PI

We've seen a lot of hype in this project (justified or not, I'm still unsure), but I've had some stellar and less than stellar experiences with ICOs in recent times, and what I've learnt is that it always helps to stay rational.

What do you guys think about the concerns raised in the above article?

Thank you for the link, I really appreciate sharing of these reviews!

I think the article makes some interesting points. I don't read any evaluation of the team members, it looks like they don't have the same concerns as other reviewers about the team. About this market being competitive, I do agree. They claim the online payments market is large with huge potential. If UTRUST can be successful, they have the potential to process billions of dollar of transactions a year.

Their conclusion is that (from what I understand) on the short term, the price of the tokens will probably drop so you wont make a huge profit and they are neutral about long term holding.

[bitjet]

ICO date is getting closer and closer, i already prepare my eth for a long time .

many people is waiting to join this project. Hope it can reach hardcap in short time

[lionheart78]

ICO date is getting closer and closer, i already prepare my eth for a long time .

many people is waiting to join this project. Hope it can reach hardcap in short time

I believe it will, there are lots of excited investors from the telegram group chat of UTRUST, the last time I read there are more than 45,000  registered account that subscribed for the ICO.   I have a strong feeling that these ICO will be sold out within a day unless the team set some rules and gives limit to the possible amount these investors can buy in 1 day (Someone is pushing it to give a fair chance to everyone )

[the_donald]

ICO date is getting closer and closer, i already prepare my eth for a long time .

many people is waiting to join this project. Hope it can reach hardcap in short time

I believe it will, there are lots of excited investors from the telegram group chat of UTRUST, the last time I read there are more than 45,000  registered account that subscribed for the ICO.   I have a strong feeling that these ICO will be sold out within a day unless the team set some rules and gives limit to the possible amount these investors can buy in 1 day (Someone is pushing it to give a fair chance to everyone )

45k people registered for the ICO. That's impressive. This looks more and more like a success.

[alphashotgun]

I've been waiting a long time for this ICO.
I'm really glad its only less then 7 days to go. This will be one of the best ICO in the month november.

Glad I will be part of this great event and great project.
Team is working hard and doing a real good job.

I'm curious if Utrust will be able to hit hard cap. It looks like there is huge demand for this token  

I wouldn't be surprised if this will be a one-dayer!

why do you think so?

[matjas]

Here is a new but insightful review of Utrust that raises a number of concerns about the project that I think are well worth taking into account before investing in the ICO: https://crushcrypto.com/analysis-of-utrust/?awt_l=GNUg5&awt_m=hUWLWOaJ1r561PI

We've seen a lot of hype in this project (justified or not, I'm still unsure), but I've had some stellar and less than stellar experiences with ICOs in recent times, and what I've learnt is that it always helps to stay rational.

What do you guys think about the concerns raised in the above article?

Thank you for the link, I really appreciate sharing of these reviews!

I think the article makes some interesting points. I don't read any evaluation of the team members, it looks like they don't have the same concerns as other reviewers about the team. About this market being competitive, I do agree. They claim the online payments market is large with huge potential. If UTRUST can be successful, they have the potential to process billions of dollar of transactions a year.

Their conclusion is that (from what I understand) on the short term, the price of the tokens will probably drop so you wont make a huge profit and they are neutral about long term holding.

Thank you for the link! The concerns raised in this article are pretty serious, indeed.
About the milestones of the project, in the article it says that the platform test with merchants gonna happen in the Q2 2018, but I heard that they're planning to test the platform in the beginning of 2018. Do you guys know smth about it? I'd prefer the platform to be tested as soon as possible...

[kraterion]

ICO date is getting closer and closer, i already prepare my eth for a long time .

many people is waiting to join this project. Hope it can reach hardcap in short time

If I Can do It ok or else I'm gonna just hodl the twitter bounty and buy later on exchanges (hopefully for cheap when other bounty hunters will dump )

[magisterr]

ICO date is getting closer and closer, i already prepare my eth for a long time .

many people is waiting to join this project. Hope it can reach hardcap in short time

I believe it will, there are lots of excited investors from the telegram group chat of UTRUST, the last time I read there are more than 45,000  registered account that subscribed for the ICO.   I have a strong feeling that these ICO will be sold out within a day unless the team set some rules and gives limit to the possible amount these investors can buy in 1 day (Someone is pushing it to give a fair chance to everyone )

Yes, there many adversiting on big news portal (like cointelegrapf etc) and on Youtube. So, many people interesting in this project.

[matjas]

I've been waiting a long time for this ICO.
I'm really glad its only less then 7 days to go. This will be one of the best ICO in the month november.

Glad I will be part of this great event and great project.
Team is working hard and doing a real good job.

I'm curious if Utrust will be able to hit hard cap. It looks like there is huge demand for this token  

I wouldn't be surprised if this will be a one-dayer!

One-dayer? No, I don't agree. This project demands a lot of preparation, research, strategy and a lot of technical issues are involved. Too much work for a one-dayer.

[bitjet]

even I wish this project reach hard cap soon but I think it is hard in this time. Dont see any ICO reach hard cap since October.

[SEELE^^01]

well the marketing is really topnotch, but when i read review like these:

https://crushcrypto.com/analysis-of-utrust/?awt_l=GNUg5&awt_m=hUWLWOaJ1r561PI

https://cryptobriefing.com/utrust-ico-review-token-analysis/

i start to feel very uncomfortable about utrust T_T"

[magisterr]

even I wish this project reach hard cap soon but I think it is hard in this time. Dont see any ICO reach hard cap since October.

people sold all their altcoin and buying Bicoin before hardcap. Thats is the reason...

[cryptogodzilla]

I realize it's just speculation but what are some of your guys thinking utrust will be worth in year.

It's always important to the value loss of ETH being tied into projects because it's also going up in value over time.

[Piggy]

well the marketing is really topnotch, but when i read review like these:

https://crushcrypto.com/analysis-of-utrust/?awt_l=GNUg5&awt_m=hUWLWOaJ1r561PI

https://cryptobriefing.com/utrust-ico-review-token-analysis/

i start to feel very uncomfortable about utrust T_T"

im sure the team will reach out and explain everything is reported there point by point.

[Ganerch]

I realize it's just speculation but what are some of your guys thinking utrust will be worth in year.

It's always important to the value loss of ETH being tied into projects because it's also going up in value over time.

I think that it will not just double it's price but higher. I heard a lot of investors are reaching to this coin so we better be on our toes on Nov. 2, 2017 and make sure to prepare ETH/BTC to buy this coin.

[Sozialtourist]

even I wish this project reach hard cap soon but I think it is hard in this time. Dont see any ICO reach hard cap since October.

Maybe that's because it is still October  Just jokin'.

You got a point there, even with all the hype here, its still not 100% sure that Utrust will reach the Hard cap. There are just so man different ICOs upcoming.

[haxllega]

well the marketing is really topnotch, but when i read review like these:

https://crushcrypto.com/analysis-of-utrust/?awt_l=GNUg5&awt_m=hUWLWOaJ1r561PI

https://cryptobriefing.com/utrust-ico-review-token-analysis/

i start to feel very uncomfortable about utrust T_T"

im sure the team will reach out and explain everything is reported there point by point.

Let's hope they will do it fast. If concern about this grows it will have a negative impact to the ICO