Mystic90
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November 06, 2017, 04:36:45 PM |
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Why they should not extend the duration of the ICO.
*Before the ico launched, they communicated the 1 week duration. *They already hit soft cap, extending would only serve as a money grabbing move. *if they extend until after segwit2x, it's possible they might sell out, this means less tokens get burned at the start, and it will take closer to 15 instead of the current 6-7 years to burn the remaining tokens @50mil/year. this would both hurt the price on exchanges.
Just posting this because I've seen some people asking or suggesting to extend the ico duration, and because that's a horrible idea
I agree with you, now extending the ICO wouldn't look good. They could have still done it just before the ICO started with the reason of segwit2x. But now, after hitting soft cap, it would look a bit greedy After all, it was just an idea here in the thread and there's no reason to believe that they think about an extension. Its super rigged if they extend ico after hitting softcap. I would loose all trust in utrust...
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magisterr
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November 06, 2017, 04:47:33 PM |
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Ico is ending in two days. Isn't it short that only 1 weeks for ico?
Actually, they raised a respectable amount already but still, they can raise more if they extend it just for 10 more days.
They have sold around 42% what is a lot of for this moment. Maybe after the fork they can sell more if they extend the ICO. I was wondering myself why they chose such a short ICO, usually devs decide to have a long one and get some extra founds but i guess Utrust team is confident enough to have it opened just for 1 week. people investing in 1-st days or in last day mainly. Good project raising money in short time, not necessary in long crowdsale.
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the_donald
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November 06, 2017, 05:03:33 PM |
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Why they should not extend the duration of the ICO.
*Before the ico launched, they communicated the 1 week duration. *They already hit soft cap, extending would only serve as a money grabbing move. *if they extend until after segwit2x, it's possible they might sell out, this means less tokens get burned at the start, and it will take closer to 15 instead of the current 6-7 years to burn the remaining tokens @50mil/year. this would both hurt the price on exchanges.
Just posting this because I've seen some people asking or suggesting to extend the ico duration, and because that's a horrible idea
I agree with you, now extending the ICO wouldn't look good. They could have still done it just before the ICO started with the reason of segwit2x. But now, after hitting soft cap, it would look a bit greedy After all, it was just an idea here in the thread and there's no reason to believe that they think about an extension. Its super rigged if they extend ico after hitting softcap. I would loose all trust in utrust... SOMA did the same. they extended their ICO by 2 weeks. these projects just scheduled their ICO's poorly, without taking the fork into account.
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jimbo2000
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November 06, 2017, 05:03:53 PM |
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Why they should not extend the duration of the ICO.
*Before the ico launched, they communicated the 1 week duration. *They already hit soft cap, extending would only serve as a money grabbing move. *if they extend until after segwit2x, it's possible they might sell out, this means less tokens get burned at the start, and it will take closer to 15 instead of the current 6-7 years to burn the remaining tokens @50mil/year. this would both hurt the price on exchanges.
Just posting this because I've seen some people asking or suggesting to extend the ico duration, and because that's a horrible idea
I agree with you, now extending the ICO wouldn't look good. They could have still done it just before the ICO started with the reason of segwit2x. But now, after hitting soft cap, it would look a bit greedy After all, it was just an idea here in the thread and there's no reason to believe that they think about an extension. Its super rigged if they extend ico after hitting softcap. I would loose all trust in utrust... I don't think there is any chance that the ICO will be extended, utrust reached their softcap and the project will go ahead, they have decided to delay launches on exchanges etc until after segwit2x, that's just good business sense in my mind.
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███████████████████████ ▀▄ Platio ▄▀ ███████████████████████
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kraterion
Full Member
Offline
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
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November 06, 2017, 05:16:54 PM |
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Well, right now, HitBTC, Kucoin and Etherdelta (this one is a 100% one even if don't announce it). Any chance that you are in contact with Coss as well ?
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levyashin
Sr. Member
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Activity: 980
Merit: 276
$CYBERCASH METAVERSE
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November 06, 2017, 05:30:45 PM |
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It is a very good start for a new token to make a partnership with two exchanges even before ico finishes. I hope we will see bittrex also some time later
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Sozialtourist
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November 06, 2017, 05:44:17 PM |
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Well, right now, HitBTC, Kucoin and Etherdelta (this one is a 100% one even if don't announce it). Any chance that you are in contact with Coss as well ? They are keeping us updated with good news durIng the ICO. That's a good move and will attract even more investors.
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imtiazmahmood
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November 06, 2017, 05:53:51 PM |
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Well, right now, HitBTC, Kucoin and Etherdelta (this one is a 100% one even if don't announce it). Any chance that you are in contact with Coss as well ? They are keeping us updated with good news durIng the ICO. That's a good move and will attract even more investors. very interested news, i told you guys don't under estimate Utrust project. me and my friends also happy with utrust new announcements. hurry up guys spread the world about Utrust and make this project world best online payment processor and beat other payment processors.
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PS92
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November 06, 2017, 05:55:51 PM |
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Well, right now, HitBTC, Kucoin and Etherdelta (this one is a 100% one even if don't announce it). Any chance that you are in contact with Coss as well ? They are keeping us updated with good news durIng the ICO. That's a good move and will attract even more investors. very interested news, i told you guys don't under estimate Utrust project. me and my friends also happy with utrust new announcements. hurry up guys spread the world about Utrust and make this project world best online payment processor and beat other payment processors. Excellent news! HitBTC is huge!
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mike0182
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November 06, 2017, 06:07:53 PM |
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Well, right now, HitBTC, Kucoin and Etherdelta (this one is a 100% one even if don't announce it). Any chance that you are in contact with Coss as well ? They are keeping us updated with good news durIng the ICO. That's a good move and will attract even more investors. very interested news, i told you guys don't under estimate Utrust project. me and my friends also happy with utrust new announcements. hurry up guys spread the world about Utrust and make this project world best online payment processor and beat other payment processors. Excellent news! HitBTC is huge! Wow! Really great news! The beginning is very good HitBTC takes 3rd place in Volume (24h)! We will follow the development further!
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kraterion
Full Member
Offline
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
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November 06, 2017, 06:09:27 PM |
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Ico is ending in two days. Isn't it short that only 1 weeks for ico?
Actually, they raised a respectable amount already but still, they can raise more if they extend it just for 10 more days.
They have sold around 42% what is a lot of for this moment. Maybe after the fork they can sell more if they extend the ICO. I was wondering myself why they chose such a short ICO, usually devs decide to have a long one and get some extra founds but i guess Utrust team is confident enough to have it opened just for 1 week. people investing in 1-st days or in last day mainly. Good project raising money in short time, not necessary in long crowdsale. Exactly, I've seen this in EasyMine ICO, long crowdsale, like 2 months, they reached something like 3400 eth in a small time and then that bar simply tanked till the end of ICO.They hardcoded ICO end in the smart contract at a certain ETH block but blocktime went really up, that's why their ICO was so long
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SEELE^^01
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November 06, 2017, 06:12:10 PM |
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still cant believe that this will be on hitbtc sounds like a dream. damn, etherdelta, kucoin, coss and now hitbtc what else, bittrex next?
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PS92
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November 06, 2017, 06:19:42 PM |
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still cant believe that this will be on hitbtc sounds like a dream. damn, etherdelta, kucoin, coss and now hitbtc what else, bittrex next? Bittrex usually lists big coins quite quickly. Maybe Liqui as well.
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niklasmato
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November 06, 2017, 06:21:39 PM |
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still cant believe that this will be on hitbtc sounds like a dream. damn, etherdelta, kucoin, coss and now hitbtc what else, bittrex next? Bittrex usually lists big coins quite quickly. Maybe Liqui as well. Well this looks like a very very promising coin for the future I'd say ICO buy and HODL
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Jay2408
Full Member
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Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
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November 06, 2017, 06:23:00 PM |
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That's really awsome news! First KuCoin and how HitBTC. Not many projects manage to get listed on two exchanges when their ICO is still running. Great work!
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haxllega
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November 06, 2017, 06:26:41 PM |
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That's really awsome news! First KuCoin and how HitBTC. Not many projects manage to get listed on two exchanges when their ICO is still running. Great work!
That shows the real value of this coin. All those exchanges will provide a high liquidity of this token. I think we will see big exchange announcements in a few months.
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Similificator
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November 06, 2017, 06:28:01 PM |
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Wow, another great partner for this amazing project! This is such a good news for all the people who have conributed to this great project utrust.! No doubt, this will spark greater interest from a lot of people. Kudos for the great results of the hard work and effort poured by the utrust team. I believe everyone who contributed to the project will really reap great fruits.! More power utrust!
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matjas
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November 06, 2017, 06:43:40 PM |
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still cant believe that this will be on hitbtc sounds like a dream. damn, etherdelta, kucoin, coss and now hitbtc what else, bittrex next? Wouldnt be surprised if Utust will land on Bittrex in the future, lets hope the platform will evolve and token with it. ICO is still doing great and i am sure they will know how to use the momentum to keep token price up.
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mike0182
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November 06, 2017, 06:50:29 PM |
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still cant believe that this will be on hitbtc sounds like a dream. damn, etherdelta, kucoin, coss and now hitbtc what else, bittrex next? Wouldnt be surprised if Utust will land on Bittrex in the future, lets hope the platform will evolve and token with it. ICO is still doing great and i am sure they will know how to use the momentum to keep token price up. Well, in terms of trading volumes, hitbtc even outperforms Bittrex, although I like Bittrex more..
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greatteager
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November 06, 2017, 06:58:14 PM |
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still cant believe that this will be on hitbtc sounds like a dream. damn, etherdelta, kucoin, coss and now hitbtc what else, bittrex next? Perhaps Bittrex will start adding perspective coins soon, 2 good exchanges is already an excellent result. We are waiting for a coin on the exchange with impatience.
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