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Author Topic: UTRUST  (Read 313911 times)
Yasemin
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November 10, 2017, 08:51:00 AM
 #7061

Why is there a figure of 500 million on the meter? The tokens for the UTRUST team and the bounty tokens are also on sale?

They announced that 50 million tokens for the Utrust team is now on sales, but I am not sure about the bounty tokens

Piggy
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November 10, 2017, 08:54:34 AM
 #7062

If there is a dispute between the seller and the buyer, will the platform be able to resolve it?


Yes they have a new system with direct chat between the two parts plus a mediator, so it should be quite fast
Buchi-88
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November 10, 2017, 09:07:56 AM
 #7063

On the site it is not clear how much more to sell tokens. Who knows? ICO may end in a few days.

The ICO running really good, the cap reached early  Grin Grin


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Mystic90
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November 10, 2017, 09:10:31 AM
 #7064

On the site it is not clear how much more to sell tokens. Who knows? ICO may end in a few days.

The ICO running really good, the cap reached early  Grin Grin



That escalated quickly, last time I checked it was around 40%. Do you think its because the segwit 2x drama is over?
toolucky98
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November 10, 2017, 09:13:37 AM
 #7065

How are you going to protect the seller from the strong volatility of the crypto-currency market?
They will get paid in fiat
Whitepaper :
We provide sellers with the safety and convenience of receiving funds in fiat currency
Jay2408
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November 10, 2017, 09:15:17 AM
 #7066

On the site it is not clear how much more to sell tokens. Who knows? ICO may end in a few days.

The ICO running really good, the cap reached early  Grin Grin



That escalated quickly, last time I checked it was around 40%. Do you think its because the segwit 2x drama is over?

Certainly this is a reason. But I think it's also because they managed to get some further countries approved to participate in the ICO.

▀▀█▄▄    [websitewhitepaper]  ❒  ATHERO  ❒  .Internet 3.0 solution    ▄▄█▀▀
  A revolutionary decentralized digital economy 
▄▄█▀▀    Twitter  ◽  Facebook  ◽  Telegram  ◽  Youtube  ◽  Github   ▀▀█▄▄
Bambulee
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November 10, 2017, 09:19:45 AM
 #7067

On the site it is not clear how much more to sell tokens. Who knows? ICO may end in a few days.

The ICO running really good, the cap reached early  Grin Grin




yes the cap reached fast. now its the best time for invest Smiley
rocketbit48
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November 10, 2017, 09:30:13 AM
 #7068

Great project! Great idea! Good luck guys  Cheesy
levyashin
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November 10, 2017, 09:46:52 AM
 #7069

Why is there a figure of 500 million on the meter? The tokens for the UTRUST team and the bounty tokens are also on sale?

If they will release 500 million tokens than they are probably adding it to sold part.

magisterr
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November 10, 2017, 09:53:39 AM
 #7070

I am sure after now with microsoft, investors will be more confident and will invest more  Smiley

What you mean "with microsoft"? They was on Microsoft conference, but this is not patnership.
adriaymati58
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November 10, 2017, 10:10:27 AM
 #7071

So were 423,600,550 tokens sold? Will the token sale end if 500,000,000 are sold? If I got that right, the sale might end soon. When will the tokens be distributed?

The best is yet to come!
Iruwen
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November 10, 2017, 10:12:06 AM
 #7072

More red flags, unfortunately. See that big "regulated by FINMA" logo on their site?
https://utrust.io
Of course they're "regulated" by the FINMA, because they're active in Switzerland.
Their presentation suggests that they're actively working with them though.
Well, now I contacted the FINMA, and while their reply wasn't 100% conclusive, they literally said that "UTRUST doesn't have a direct FINMA authorisation for activities in the financial sector and are not a member of the SRO*" and that they will investigate this. Their complete reply actually sounds like they didn't hear about UTRUST until today.
If you don't believe me, feel free to contact them yourselves: https://www.finma.ch/en/news/2017/09/20170929-mm-ico/
I got a reply from fintech@finma.ch, so you might as well use that address. Please remember that you're dealing with a major financial regulation authority here, so try not to sound like you're a mad 14yo if you do.
While it's possible that they didn't get in contact with the FINMA yet because they're not yet doing active business in the financial sector, you'd expect them to have clearance for the ICO ahead of its start. And like somebody else already said, no matter if it's a positive signal for investors, I'm pretty sure you can't just change the conditions of the capital raising procedure at will while it's already running.
Possibly the case officer just didn't have the information required yet, or there's some other valid explanation. Until there's a clear statement on this, this is a major red flag for me though.
At least this is very dishonest marketing. But we already know they're paying people to shill in this thread and all over social media, so I wouldn't really be surprised.

* https://www.finma.ch/en/authorisation/self-regulatory-organisations-sros/
Piggy
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November 10, 2017, 10:13:40 AM
 #7073

The token are going to be distributed after the sale, as usual, in any other ICO
Bambulee
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November 10, 2017, 10:23:10 AM
 #7074

I am sure after now with microsoft, investors will be more confident and will invest more  Smiley

What you mean "with microsoft"? They was on Microsoft conference, but this is not patnership.

not partnership yet ok, i think i have read this, thanks for the correction.
Mystic90
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November 10, 2017, 10:41:43 AM
 #7075

More red flags, unfortunately. See that big "regulated by FINMA" logo on their site?
https://utrust.io
Of course they're "regulated" by the FINMA, because they're active in Switzerland.
Their presentation suggests that they're actively working with them though.
Well, now I contacted the FINMA, and while their reply wasn't 100% conclusive, they literally said that "UTRUST doesn't have a direct FINMA authorisation for activities in the financial sector and are not a member of the SRO*" and that they will investigate this. Their complete reply actually sounds like they didn't hear about UTRUST until today.
If you don't believe me, feel free to contact them yourselves: https://www.finma.ch/en/news/2017/09/20170929-mm-ico/
I got a reply from fintech@finma.ch, so you might as well use that address. Please remember that you're dealing with a major financial regulation authority here, so try not to sound like you're a mad 14yo if you do.
While it's possible that they didn't get in contact with the FINMA yet because they're not yet doing active business in the financial sector, you'd expect them to have clearance for the ICO ahead of its start. And like somebody else already said, no matter if it's a positive signal for investors, I'm pretty sure you can't just change the conditions of the capital raising procedure at will while it's already running.
Possibly the case officer just didn't have the information required yet, or there's some other valid explanation. Until there's a clear statement on this, this is a major red flag for me though.
At least this is very dishonest marketing. But we already know they're paying people to shill in this thread and all over social media, so I wouldn't really be surprised.

* https://www.finma.ch/en/authorisation/self-regulatory-organisations-sros/

Thanks for your research! If this is true, it would not be good for UTrush reputation and I will be looking forward to the reply of Utrust representative on this
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November 10, 2017, 10:42:12 AM
 #7076

Why is there a figure of 500 million on the meter? The tokens for the UTRUST team and the bounty tokens are also on sale?

They announced that 50 million tokens for the Utrust team is now on sales, but I am not sure about the bounty tokens

The 500 million tokens on the meter are not only ICO tokens. The bounty tokens (50 millions) , the private investor tokens (100 million), the UTrust tokens (before 100 million, now 50 millions) and the pre-ICO tokens (50 millions) are part of the 500 million tokens that will be distributed. So for the ICO itself the max tokens that can be bought are 250 million.
mike0182
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November 10, 2017, 10:49:43 AM
 #7077

Why is there a figure of 500 million on the meter? The tokens for the UTRUST team and the bounty tokens are also on sale?

They announced that 50 million tokens for the Utrust team is now on sales, but I am not sure about the bounty tokens

The 500 million tokens on the meter are not only ICO tokens. The bounty tokens (50 millions) , the private investor tokens (100 million), the UTrust tokens (before 100 million, now 50 millions) and the pre-ICO tokens (50 millions) are part of the 500 million tokens that will be distributed. So for the ICO itself the max tokens that can be bought are 250 million.
Thank you for the clarification! I thought that all 500,000,000 tokens for sale.

AlexDv
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November 10, 2017, 11:10:17 AM
 #7078

Do you have an escrow? What company is providing this service?
hollybit
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November 10, 2017, 11:17:02 AM
 #7079

Good afternoon. Will buyers be able to pay for purchases in online stores with UTRUST tokens?
BitcoinRonnie
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November 10, 2017, 11:29:48 AM
 #7080

Do you have an escrow? What company is providing this service?

These are public people who constantly speak at conferences and have a registration. In case of deception, they will be under investigation very quickly.

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▬▬     WHITEPAPER    ▬▬
FACEBOOK     TELEGRAM
TWITTER     SLACK     MEDIUM
.
PRE-SALE.
PUBLIC SALE.
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