UTRUST

[greatteager]

What price predictions do you have when utrust hit the exchanges?

Maybe the price will be lower so I can buy the tokens cheaper as on the pre sales?

One can hope for that... i'll hope for dump so i can load up this. I saved some for fork so i'll set up some low buy orders.

UTRUST might not go lower. Nice project with growing community support

Most ICOs are going lower after hitting exchanges. But UTRUST could be different if they continue doing such great marketing.

I think price of this token will be only grow, considering that this will be exclusive payment system in blockchain technology. After some time everyone will know about UTRUST, as it's paypal now

And why do you think so? Bitcoin is reduced in price and all coins have fallen today from 10%, in such conditions, the project will not bring profit.

UTRUST is only in the ICO period and that we cannot assume that it will not bring profit to its investors. Conversely, I am very optimistic it will do good returns to its investors sooner than later.

I also hope that the project will be successful after ICO, the exchange Kucoin increases volumes, from today started a lottery of valuable prizes for the most active traders.

[loup]

I would like to understand why were half of the tokens burnt?

Thank you

Because they raised about 40% of all tokens when the ICO was almost over. Now they have extended the sale to give people more time to invest because of the cancellation of the Bitcoin S2X fork. By burning half the tokens less than 15% of the tokens are left for sale.

I think this is great
UTRUST is doing great. Love this project

I agree I'm sure that they have extended the sale because of the cancellation of the Bitcoin S2X fork.

[Rigorous]

Suppoman covering UTrust's ICO extension was a good opportunity to inform his audience of the changes that came with it, especially the burning of 50% of the tokens and the vesting period.

[PS92]

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!

Generally, I support their decision to extend the ICO. Nevertheless it would have been better to let the community know earlier about their move. It's not like the date of the Bitcoin Hardfork wasn't announced 2 days ago.

their decision to extend the period of ico is somewhat related to the cancellation of the fork/segwit?...

That's the same thing I thought after reading the news. At least is a good argument for it.

And they are smart for doing it.

[magisterr]

So, how many exchanges will be after ICO? HitBTC and KuKoin? How about Bittrex?

[cantdecide]

So, how many exchanges will be after ICO? HitBTC and KuKoin? How about Bittrex?

Even if they would get listed on Bittrex and they would know this currently they would be not allowed to talk about it until the moment they get listed.
But I asume that they will not start directly on Bittrex. Currently I tried KuCoin and it's a really nice exchange, so I am looking forward to see UTrust there.

By the way, if someone wants to try out KuCoin themself give me a PM, it would be great to give you my Ref! I really like KuCoin it has an easy to use interface and runs smoothly

[PS92]

So, how many exchanges will be after ICO? HitBTC and KuKoin? How about Bittrex?

They probably won't release info like that

[RACT]

where can we store the coins after the ICO ? There isn't any wallet

[Basicball]

where can we store the coins after the ICO ? There isn't any wallet

I think They're stored on the Utrust platform, or exchanges.
so if an exchange can make adresses, surely wallets let MEW and Coinomi can too i guess?

[Voltaje]

where can we store the coins after the ICO ? There isn't any wallet

I think They're stored on the Utrust platform, or exchanges.
so if an exchange can make adresses, surely wallets let MEW and Coinomi can too i guess?

Utrust is an ethereum token, so any ethereum wallet is ok to use it, as long as you have the private key, you should be all right, any cryptocurrency that is in the ethereum network, can be stored in an ethereum wallet, my main eth address has like 20 different tokens.

[toolucky98]

So, how many exchanges will be after ICO? HitBTC and KuKoin? How about Bittrex?

Even if they would get listed on Bittrex and they would know this currently they would be not allowed to talk about it until the moment they get listed.
But I asume that they will not start directly on Bittrex. Currently I tried KuCoin and it's a really nice exchange, so I am looking forward to see UTrust there.

By the way, if someone wants to try out KuCoin themself give me a PM, it would be great to give you my Ref! I really like KuCoin it has an easy to use interface and runs smoothly

I would like to see it listed on binance 
It has listed several ico coins/tokens.

[magisterr]

where can we store the coins after the ICO ? There isn't any wallet

This is not a coin. This is ERC20 tokens. So you can store tokens in some of ETH wallets like MyEtherWallet

[nonconformist]

Yes i dont think too that Utrust will dump when the project will hit exchanges. The marketing is great and the potential of Utrust too. There is a lot of super and people how want to hold the token.

True, aren't they have a policy that their main accounts or devs accounts will be locked for sometime so that they won't be dumped. Also from their early investors (from the Pre-sale). I've read it somewhere. Correct me if I'm wrong.

[Piggy]

Yes i dont think too that Utrust will dump when the project will hit exchanges. The marketing is great and the potential of Utrust too. There is a lot of super and people how want to hold the token.

True, aren't they have a policy that their main accounts or devs accounts will be locked for sometime so that they won't be dumped. Also from their early investors (from the Pre-sale). I've read it somewhere. Correct me if I'm wrong.

Its correct, they have made few changes which will grant more stability for the investrs who are buying now.

[chichidori]

Yes i dont think too that Utrust will dump when the project will hit exchanges. The marketing is great and the potential of Utrust too. There is a lot of super and people how want to hold the token.

True, aren't they have a policy that their main accounts or devs accounts will be locked for sometime so that they won't be dumped. Also from their early investors (from the Pre-sale). I've read it somewhere. Correct me if I'm wrong.

If devs decided to dump at an early stage the project wont succeed and investors and traders will stay away from it, and i know for sure that they are not that kind of devs, project have a good concept, roadmap and goals they are not going to waste it just for a quick buck.

[nonconformist]

where can we store the coins after the ICO ? There isn't any wallet

This is not a coin. This is ERC20 tokens. So you can store tokens in some of ETH wallets like MyEtherWallet

And if you are planning to save it for a loooonnnggg time, I suggest to store it to a hardware wallet. It is offline and it is safe from hackers. Because everything online is hackable so you are not really 100% safe with MyEtherWallet. I've been hacked of 3000$ worth of coins from MyEtherWallet. So now I'm not storing long term coins, such as from ICOs in MyEtherWallet. I only store tokens that I will be using so that it's easier to transfer or for it to be more liquid. I am not also using just a single MyEtherWallet to store my tokens. Use multiple wallets so that if you're hacked in one wallet you will not lose all your coins. Also the best protection is use MetaMask. I'm using MetaMask. And don't store your private key anywhere in the internet or even in your PC. Just write it down. I know it's too much hassle but it's the safer way to protect your investments.

[ubercool]

where can we store the coins after the ICO ? There isn't any wallet

This is not a coin. This is ERC20 tokens. So you can store tokens in some of ETH wallets like MyEtherWallet

Buy a Ledger Nano S and use it with Myetherwallet. That is the best combination right now to hold your coins for long term.

[Dlugina23]

How is ico going?

[romfish]

Which crypto currencies can Utrust users use to pay?

[levyashin]

How is ico going?

It is going great. You can check the progress from here: https://utrust.io