UTRUST

[putingl]

Kakumei

What with our 50 mln tokens for bounty? We working for you few month.

Here is the bounty discussion forum https://bitcointalk.org/index.php?topic=2078526.0
You will still get what is owed to you

the bounty is 5% of Total issued UTRUST Tokens, so it is now 25mil or still 50mil ?

[toolucky98]

There is anything good for investors! I cant trust gready people, who change rules in last moment! You must go to schedule!

The newly released tokens will be added back into the total supply for everybody to purchase during our ICO.

You can create unlimited tokens? wtf?  
How many tokens you created for himself in fact?

Please read the latest updates carefully, the tokens weren't created from thin air, UTRUST put back it's own holdings into the supply for the ICO.

I see this:

The newly released tokens will be added back into the total supply for everybody to purchase during our ICO.

So, you created extra tokens. And question: how many extra tokens you created for himself and why you so gready?

Utrust team, I don't think that is a good move, it makes you appear greedy, and people will start losing trust for not keeping to the whitepaper, which you wrote, let's hope your image doesn't get damage, decisions like this could crumble all the popularity your project got.

What ? as far as i understand this sentence : The newly released tokens will be added back into the total supply for everybody to purchase during our ICO.
Is referring to this sentence : We are changing the amount of tokens that UTRUST will hold from 100 million to only 50 million.
So that means the amount is 50 million.

We are changing the amount of tokens that UTRUST will hold from 100 million to only 50 million. The newly released tokens will be added back into the total supply for everybody to purchase during our ICO.

Please read it carefully !

[Yasemin]

Kakumei

What with our 50 mln tokens for bounty? We working for you few month.

Here is the bounty discussion forum https://bitcointalk.org/index.php?topic=2078526.0
You will still get what is owed to you

the bounty is 5% of Total issued UTRUST Tokens, so it is now 25mil or still 50mil ?

If you look at Utrust website https://utrust.io/ico to token distribution, the bounty/marketing changed to 25 mil. I am not sure what this means

[Piggy]

There is anything good for investors! I cant trust gready people, who change rules in last moment! You must go to schedule!

The newly released tokens will be added back into the total supply for everybody to purchase during our ICO.

You can create unlimited tokens? wtf? 
How many tokens you created for himself in fact?

Please read the latest updates carefully, the tokens weren't created from thin air, UTRUST put back it's own holdings into the supply for the ICO.

This, stop spreading fud, you may not agree the sale was prolonged and that is one thing, but they cannot create as much token as they want

[lvsca]

There is anything good for investors! I cant trust gready people, who change rules in last moment! You must go to schedule!

The newly released tokens will be added back into the total supply for everybody to purchase during our ICO.

You can create unlimited tokens? wtf? 
How many tokens you created for himself in fact?

Please read the latest updates carefully, the tokens weren't created from thin air, UTRUST put back it's own holdings into the supply for the ICO.

This, stop spreading fud, you may not agree the sale was prolonged and that is one thing, but they cannot create as much token as they want

so, how much token has been sold until this time? and how much total supply?
to many different info i hear until this time

[VuSinhKhieu]

sorry, help me
i buy token UTK by eth from myetherwallet, so after that ...can i withdraw UTK at adress?
when ico finish? UTK send to myetherwallet? how long?

[mike0182]

There is anything good for investors! I cant trust gready people, who change rules in last moment! You must go to schedule!

The newly released tokens will be added back into the total supply for everybody to purchase during our ICO.

You can create unlimited tokens? wtf? 
How many tokens you created for himself in fact?

Please read the latest updates carefully, the tokens weren't created from thin air, UTRUST put back it's own holdings into the supply for the ICO.

This, stop spreading fud, you may not agree the sale was prolonged and that is one thing, but they cannot create as much token as they want

so, how much token has been sold until this time? and how much total supply?
to many different info i hear until this time

On their website shows that 413,666,751 out of 500,000,000 are sold, I'm not sure if this is correct. Perhaps they extended their ICO in connection with the cancellation of 2x..

[Adya]

i member how we all was glad that utrust rasing money in such a difficult time. but it turned out that they are one more greedy people. they disappointed people. how many months hunters support them?
- utrust?
- No. don't
 
utrust losing the trust
 
even I did not expect their move like this.

[pynetx]

really madness  
Fuck, very bad idea extend ICO. You lost all your trust now...

Why would they do that?

[magisterr]

You added extra time, and reduced our bounty payment. Why? We working a long time. Please, review this decision.

[the_donald]

really madness  
Fuck, very bad idea extend ICO. You lost all your trust now...

Why would they do that?

because of the fork, duh. on any other period this project would've sold out. but because of market instability and the fork, it won't be.

[cantdecide]

First of all, as I stated above I am not conform with the extention but please guys, before you start fudding or whatever, just read the announcement first carefully. There are no tokens which could be made out of air. The 50m "extra" tokens come from the dev team which had 100,000,000 before and now just 50,000,000 token. The other 50,000,000 are now open for sale.

Beside that, could you please discuss the bounty stuff in the bounty thread? It's there for this.

[niklasmato]

So and extension and a lowering of total number of tokens. I guess this will impact the bounty hunters the most.
For the investors, lowering the amount of tokens is good news, as they will be worth more in the long run when the product is released.

[mrsaint]

Why am I not surprised.   They keep changing their terms and conditions as they wish, while we, the real "investors" (not their "private investors" nobody here cares about) have absolutely no say in it. Extending the ICO? What is the point of soft- and hard cap targets if you ignore them? What a farce. I am tired of utrust talking about what an "awesome" "community" we are. This is not about being awesome or about being a fanboy. This about people who trusted them with real money in hope that they do something of value. Until now, it's been just talk and wishful thinking, and even then, when people raised critical questions, questions remained unanswered.

For me the important step will how to get rid of my tokens without having to agree on their new terms that I haven't agreed on to begin with.

[Adya]

signature 400 participants
twitter 2500 participants
facebook 1400 participants.
3 months passed. same pool. or maybe it will 1/2
11 more days, wich not expect no one exept devs.
cheap words "The 50m "extra" tokens come from the dev team blablabla" without proof. and thye say it just now, not earlier.
non investors non bounters have no respect here.
this guys are impressive

[Mystic90]

So and extension and a lowering of total number of tokens. I guess this will impact the bounty hunters the most.
For the investors, lowering the amount of tokens is good news, as they will be worth more in the long run when the product is released.

I dont completely understand why it hurts the bounty hunters. Can you explain in more detail please?

[notthematrix]

So and extension and a lowering of total number of tokens. I guess this will impact the bounty hunters the most.
For the investors, lowering the amount of tokens is good news, as they will be worth more in the long run when the product is released.

I dont completely understand why it hurts the bounty hunters. Can you explain in more detail please?

Because they are paid on the % of tokens, less tokens in total, less potential total pay in tokens.

[notthematrix]

I was suspicious to this project and all the changes make me think i was right to put no money

[Yasemin]

ICO extended till 20-Nov

Dear Community,
 

Let us begin by saying that we truly appreciate our Member’s and Investor’s loyalty, support and engagement – without you, none of this would be possible. Thank you for being awesome! 🙏

 

When we first idealised UTRUST, our vision was to create a borderless payment platform that would allow people from all over the World to perform day-to-day crypto-transactions in a simple and effortless manner. 

 

Today, we are proud to announce that we have taken several important steps that will ensure the UTRUST vision does indeed become a reality for all of us. After analyzing our ICO, it is quite clear that our timing has not been ideal, particularly given the current market conditions.

 
That being said, we have gone back to the drawing board, sat down with our Team and Advisors and decided to implement some major improvements.

 
So, without further ado...

 
Team Tokens — REDUCED  ✅
We are changing the amount of tokens that UTRUST will hold from 100 million to only 50 million. The newly released tokens will be added back into the total supply for everybody to purchase during our ICO.
 

Smart Contract — AUDITED  ✅
Today we are releasing an independent review of our smart contract by Positive.com. We are proud to say that they gave it their approval and that it will be deployed shortly. You will be able to use the contract shortly after the ICO ends and when your KYC is complete.
 

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.
 

500 Million Tokens — BURNED  ✅
We made the decision to burn 50% of all tokens today, prior to the end of our ICO, permanently reducing the total maximum supply by half. We now have a very limited number of tokens available for sale.
 

Public ICO — EXTENDED  ✅
Since all these structural changes will result in an improved value proposition, we would like to give everyone a fair chance to participate in our ICO. As a result, we have extended our ICO to end on 20 November 2017 at 2 PM UTC.


This decision was not taken lightly and also reflects the feedback we have received from many of you advocating for more favourable market conditions in order to participate in our ICO. With the latest news regarding the cancellation of the SegWit2x fork, we believe this is a unique opportunity to be part of this online payments revolution — join the future with UTRUST!
 

All the best,

Your UTRUST Team

Well I guess it is not all bad news. They burned 50% of all tokens, so our tokens will probably be worth more, hopefully.

[Adya]

I was suspicious to this project and all the changes make me think i was right to put no money

good for you. unfortunaly i did.

uShouldDon'tTrust team