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areschen
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November 09, 2017, 05:32:43 PM |
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UTRUST did the right move, and they have been transparent about why they did it. Everyone is only focusing on the fact that they extended ICO and not all the benefits that they gave to the community. I think people just like to be angry because it's easier than reading the whole post.
1. 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.
2. 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.
3. 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 This is great news as it means that another 100 million tokens cannot be withdrawn or sold for a full year.
4. 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.
5. 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.
EVERY SINGLE POINT is beneficial for the market growth!
They reduced their own supply! That selfless in my opinion.
Smart contract is them showing proof that the tokens are burned and correct amount will be in supply
Private investors are vested, also from telegram the US investors are vested and UTRUST is vested. So the only people that would create a dump, can't.
500M tokens burned & extension, that shows they aren't after money , because if they were then why burn,greedy people would keep the same supply. They are just giving the community a chance to participate because of the market conditions.
Seriously people, it's a great move.
50% will be burned, That' s a great news to our investors. a great move  |
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kraterion
Full Member
 Offline
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
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November 09, 2017, 05:34:02 PM |
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UTRUST did the right move, and they have been transparent about why they did it. Everyone is only focusing on the fact that they extended ICO and not all the benefits that they gave to the community. I think people just like to be angry because it's easier than reading the whole post.
1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
EVERY SINGLE POINT is beneficial for the market growth!
They reduced their own supply! That selfless in my opinion.
Smart contract is them showing proof that the tokens are burned and correct amount will be in supply
Private investors are vested, also from telegram the US investors are vested and UTRUST is vested. So the only people that would create a dump, can't.
500M tokens burned & extension, that shows they aren't after money , because if they were then why burn,greedy people would keep the same supply. They are just giving the community a chance to participate because of the market conditions.
Seriously people, it's a great move.
With ICO ending today they were burning 500+ Million tokens anyway. The good thing is that they will reduce team tokens and they audited the smart contract trough a company and not all by themselves |
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rudster
Newbie
Offline
Activity: 25
Merit: 0
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November 09, 2017, 05:34:44 PM |
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UTRUST did the right move, and they have been transparent about why they did it. Everyone is only focusing on the fact that they extended ICO and not all the benefits that they gave to the community. I think people just like to be angry because it's easier than reading the whole post.
1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
EVERY SINGLE POINT is beneficial for the market growth!
They reduced their own supply! That selfless in my opinion.
Smart contract is them showing proof that the tokens are burned and correct amount will be in supply
Private investors are vested, also from telegram the US investors are vested and UTRUST is vested. So the only people that would create a dump, can't.
500M tokens burned & extension, that shows they aren't after money , because if they were then why burn,greedy people would keep the same supply. They are just giving the community a chance to participate because of the market conditions.
Seriously people, it's a great move.
With ICO ending today they were burning 500+ Million tokens anyway. The good thing is that they will reduce team tokens and they audited the smart contract trough a company and not all by themselves The ICO is ending Nov 20th |
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imtiazmahmood
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November 09, 2017, 05:46:07 PM |
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token sale going successful and token sale will be end in 10 days. token distributed till now 418,572,422/500,000,000. UTRUST soon cover hardcap guys. hurry up guys. don't miss this opportunity
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haxllega
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November 09, 2017, 05:48:52 PM |
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UTRUST did the right move, and they have been transparent about why they did it. Everyone is only focusing on the fact that they extended ICO and not all the benefits that they gave to the community. I think people just like to be angry because it's easier than reading the whole post.
1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
EVERY SINGLE POINT is beneficial for the market growth!
They reduced their own supply! That selfless in my opinion.
Smart contract is them showing proof that the tokens are burned and correct amount will be in supply
Private investors are vested, also from telegram the US investors are vested and UTRUST is vested. So the only people that would create a dump, can't.
500M tokens burned & extension, that shows they aren't after money , because if they were then why burn,greedy people would keep the same supply. They are just giving the community a chance to participate because of the market conditions.
Seriously people, it's a great move.
In my opinion extending the ICO is not necessary but apart from that, all other announcements are good for the project and us the investors. |
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SEELE^^01
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November 09, 2017, 05:54:18 PM |
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token sale going successful and token sale will be end in 10 days. token distributed till now 418,572,422/500,000,000. UTRUST soon cover hardcap guys. hurry up guys. don't miss this opportunity
time to buy some more tokens, now that the ico sale is being extended  imo very good decision of utrust, 1 week was just too short... |
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moriskarlov
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November 09, 2017, 06:03:23 PM |
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4. 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.
5. 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.
Can you provide some links to convince community that all tokens were really burned at some ethereum adress? If you don`t sell remaining 82 000 000 tokens during 10 days, you will also going to burn them, or spread them equally between all ICO participants? |
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mike0182
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November 09, 2017, 06:03:27 PM |
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token sale going successful and token sale will be end in 10 days. token distributed till now 418,572,422/500,000,000. UTRUST soon cover hardcap guys. hurry up guys. don't miss this opportunity
time to buy some more tokens, now that the ico sale is being extended imo very good decision of utrust, 1 week was just too short... I agree, people still did not have time to get out of bitcoin and buy Utrust and another alts, now they will have 10 days to do it .. |
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PS92
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November 09, 2017, 06:06:43 PM |
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token sale going successful and token sale will be end in 10 days. token distributed till now 418,572,422/500,000,000. UTRUST soon cover hardcap guys. hurry up guys. don't miss this opportunity
time to buy some more tokens, now that the ico sale is being extended imo very good decision of utrust, 1 week was just too short... Especially with the HF. It's only since last days that they knew it wouldn't go through |
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bitcoinbulk
Full Member
Offline
Activity: 280
Merit: 100
Ternion | Hybrid Crypto Exchange with fiat gateway
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November 09, 2017, 06:07:42 PM |
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token sale going successful and token sale will be end in 10 days. token distributed till now 418,572,422/500,000,000. UTRUST soon cover hardcap guys. hurry up guys. don't miss this opportunity
time to buy some more tokens, now that the ico sale is being extended imo very good decision of utrust, 1 week was just too short... I agree, people still did not have time to get out of bitcoin and buy Utrust and another alts, now they will have 10 days to do it .. I definitely think there were a lot of people that were holding BTC to get their S2X. Now that it's suspended I believe people will start buying other alts and ICOs |
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belechau
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November 09, 2017, 06:07:49 PM |
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Thank God for that, it reassures us to know that we have made the right choice for this moment, even if there is any setback. |
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Jay2408
Full Member
Offline
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
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November 09, 2017, 06:26:33 PM |
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4. 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.
5. 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.
Can you provide some links to convince community that all tokens were really burned at some ethereum adress? If you don`t sell remaining 82 000 000 tokens during 10 days, you will also going to burn them, or spread them equally between all ICO participants? That's what Rob, one of UTRUST team wrote in telegram regarding the proof of burn. Hi @its_me_only, we’re deploying the smart contract today and will provide its source code together with the proof of burn shortly after.Unsold tokens will be burned, too. |
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FIEX
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November 09, 2017, 06:40:40 PM |
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UTRUST did the right move, and they have been transparent about why they did it. Everyone is only focusing on the fact that they extended ICO and not all the benefits that they gave to the community. I think people just like to be angry because it's easier than reading the whole post.
1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
EVERY SINGLE POINT is beneficial for the market growth!
They reduced their own supply! That selfless in my opinion.
Smart contract is them showing proof that the tokens are burned and correct amount will be in supply
Private investors are vested, also from telegram the US investors are vested and UTRUST is vested. So the only people that would create a dump, can't.
500M tokens burned & extension, that shows they aren't after money , because if they were then why burn,greedy people would keep the same supply. They are just giving the community a chance to participate because of the market conditions.
Seriously people, it's a great move.
Thanks a lot for making this summary! Great work! UTRUST made indeed the right descision. UTRUST to the moon!  |
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haxllega
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November 09, 2017, 06:44:54 PM |
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I'm planning to invest the project has great visions, Looking forward to the future and success of this project. Good luck and all the best.
You should be fast because maybe it's sold out in a few days. I am sure it will reach hard cap until the end of the ICO. People now want to invest in ICOs again. |
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PS92
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November 09, 2017, 07:10:08 PM |
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Thank God for that, it reassures us to know that we have made the right choice for this moment, even if there is any setback. Exactly! This is a great team with a great future! |
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kraterion
Full Member
Offline
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
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November 09, 2017, 07:12:26 PM |
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Maybe it will reach the new hard cap but I don't really like when projects extend ICOs, if you research the time frame and lenght of the ICO you must stick with your plan. Or at least make a poll among the community
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Iruwen
Full Member
Offline
Activity: 347
Merit: 100
CMC Community
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November 09, 2017, 07:22:02 PM |
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How the hell can you extend a 7 day ico by 10 days. Give me
a break. Everyone dump this scam coin immediately once it hits the exchange.
Oh sorry guys, we are greedy, and we need 10 more days to raise 4 more million for our lambos.
You do realize they kept the price per token and burned half the tokens, so they effectively reduced the hard cap by 50% right? This is very good for investors. The new maximum ICO cap is set at $21.375 MMhttps://s3-eu-west-1.amazonaws.com/utrust/whitepaper/en/UTRUST-whitepaper-en-2017-11-02.pdf page 26 |
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Jree247
Member
Offline
Activity: 70
Merit: 10
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November 09, 2017, 07:40:27 PM |
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Some people enjoy complaining for sure! At least the project hasn’t been abandoned.
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Canuck21
Newbie
Offline
Activity: 8
Merit: 0
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November 09, 2017, 07:47:45 PM |
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How the hell can you extend a 7 day ico by 10 days. Give me
a break. Everyone dump this scam coin immediately once it hits the exchange.
Oh sorry guys, we are greedy, and we need 10 more days to raise 4 more million for our lambos.
You do realize they kept the price per token and burned half the tokens, so they effectively reduced the hard cap by 50% right? This is very good for investors. The new maximum ICO cap is set at $21.375 MMhttps://s3-eu-west-1.amazonaws.com/utrust/whitepaper/en/UTRUST-whitepaper-en-2017-11-02.pdf page 26 You do realize they had to do that anyways, and not 500m token but 600m. Last time I checked that was a loss for current investors of 20%. |
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