UTRUST

[Buchi-88]

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 

[Mystic90]

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 

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

[toolucky98]

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]

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 

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.

[Bambulee]

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 

yes the cap reached fast. now its the best time for invest

[rocketbit48]

Great project! Great idea! Good luck guys 

[levyashin]

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]

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

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

[adriaymati58]

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?

[Iruwen]

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]

The token are going to be distributed after the sale, as usual, in any other ICO

[Bambulee]

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

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]

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

[Navigation]

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]

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]

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

[hollybit]

Good afternoon. Will buyers be able to pay for purchases in online stores with UTRUST tokens?

[BitcoinRonnie]

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.

[matjas]

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

Thank you for the information. Conflict with authorities is never good, especially in current circumstances. Hope UTrust will comment on the situation as soon as possible.

[defender77]

Hi. Will you develop your own payment gateway or will you take the existing one and terminate its development?