cwestmac
Newbie
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Activity: 14
Merit: 0
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November 15, 2017, 10:36:50 PM |
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A small 60mil coins remaining and about 5 days left in the ICO.
This should bes surely doable imo.
It would be easier to 'do' it if the ICO wasn't already extended. But given that there's been such a long opportunity for investors to get in... How much in dollar was raised in total ? According to my calculations, around 29 million $ have been raised, but I can be wrong: Tokens to be distributed: 440,644,085/500,000,000 Token price: 0.065 USD 440,644,085 x 0.065 = 28.6 mln Hi there, Not quite. You are not factoring in private investors (which are vested for 1 year), and pre-ICO participants which got in at a different price. Here is the breakdown assuming they sell all 500M: Private investors - 100M tokens - 100,000,000 x 0.02 = $2,000,000 Pre-ICO investors - 50M tokens - 50,000,000 x 0.03 = $1,500,000 Public ICO - 275M tokens - 275,000,000 x 0.065 = $17,875,000 MAX possible amount of money = $21,375,000 If they only sell 450M tokens in the end, then we can change the formula: Public ICO = 225M tokens - 225,000,000 x 0.065 = $14,625,000 Max possible amount based on 450M selling out = $18,125,000 (added pre-ico and private investor tokens to the above amount) Note that I got the 275M amount from their ICO page. Remember that not all 500M tokens are for sale. 50M is reserved for the team, and 25M for bounties, which do not count towards the sale. So instead of there being 500M for sale between all phases, there is only 425M for sale between all phases, with 25M for bounties and 50M for the team (diluted by 2% per year for 5 years) All-in-all, a very respectable market cap in either situation, with tons of upside potential.
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slimypuppy54
Newbie
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Activity: 45
Merit: 0
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November 15, 2017, 10:43:16 PM |
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excellent video conference, I liked how easy and simple the CEO answers all questions thanks for sharing! Old news, why don't you ask the CEO to easy and simple asnwer some recent questions in this thread? First, this is old news. Second, take a look at the application form. You write some very basic info about a company and press 'Submit'. Nothing to get excited about. C'mon guys. I want to see more spam! My criticism needs to disappear quicker
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greatteager
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November 15, 2017, 10:44:15 PM |
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A small 60mil coins remaining and about 5 days left in the ICO.
This should bes surely doable imo.
believe me, they will be outsold pretty easily in the next few days i believe in utrust fully all in ! Already enough to sell tokens, then what remains strongly on the project will not affect, let investors buy on the exchange.
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Jree247
Member
Offline
Activity: 70
Merit: 10
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November 15, 2017, 10:46:00 PM |
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To the moon 🌓
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Elkmar
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November 15, 2017, 10:46:53 PM |
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A small 60mil coins remaining and about 5 days left in the ICO.
This should bes surely doable imo.
It would be easier to 'do' it if the ICO wasn't already extended. But given that there's been such a long opportunity for investors to get in... How much in dollar was raised in total ? According to my calculations, around 29 million $ have been raised, but I can be wrong: Tokens to be distributed: 440,644,085/500,000,000 Token price: 0.065 USD 440,644,085 x 0.065 = 28.6 mln Wow, quite a good amount for this period.
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greatteager
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November 15, 2017, 10:52:20 PM |
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To the moon 🌓
Correctly think, I look forward to the end of ICO and will look at the price on the exchange?
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loup
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November 15, 2017, 10:57:34 PM |
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A small 60mil coins remaining and about 5 days left in the ICO.
This should bes surely doable imo.
It would be easier to 'do' it if the ICO wasn't already extended. But given that there's been such a long opportunity for investors to get in... How much in dollar was raised in total ? According to my calculations, around 29 million $ have been raised, but I can be wrong: Tokens to be distributed: 440,644,085/500,000,000 Token price: 0.065 USD 440,644,085 x 0.065 = 28.6 mln Wow, quite a good amount for this period. That's a lot of money. They should be able to develop a good platform a have a big marketing campaign with that.
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Rigorous
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November 15, 2017, 10:59:42 PM |
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A small 60mil coins remaining and about 5 days left in the ICO.
This should bes surely doable imo.
It would be easier to 'do' it if the ICO wasn't already extended. But given that there's been such a long opportunity for investors to get in... How much in dollar was raised in total ? According to my calculations, around 29 million $ have been raised, but I can be wrong: Tokens to be distributed: 440,644,085/500,000,000 Token price: 0.065 USD 440,644,085 x 0.065 = 28.6 mln Hi there, Not quite. You are not factoring in private investors (which are vested for 1 year), and pre-ICO participants which got in at a different price. Here is the breakdown assuming they sell all 500M: Private investors - 100M tokens - 100,000,000 x 0.02 = $2,000,000 Pre-ICO investors - 50M tokens - 50,000,000 x 0.03 = $1,500,000 Public ICO - 275M tokens - 275,000,000 x 0.065 = $17,875,000 MAX possible amount of money = $21,375,000 If they only sell 450M tokens in the end, then we can change the formula: Public ICO = 225M tokens - 225,000,000 x 0.065 = $14,625,000 Max possible amount based on 450M selling out = $18,125,000 (added pre-ico and private investor tokens to the above amount) Note that I got the 275M amount from their ICO page. Remember that not all 500M tokens are for sale. 50M is reserved for the team, and 25M for bounties, which do not count towards the sale. So instead of there being 500M for sale between all phases, there is only 425M for sale between all phases, with 25M for bounties and 50M for the team (diluted by 2% per year for 5 years) All-in-all, a very respectable market cap in either situation, with tons of upside potential. Thanks for that breakdown. That is more accurate than the $28 million the others in here keep reposting, which is a figure based on the ICO price.
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greatteager
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November 15, 2017, 11:00:07 PM |
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A small 60mil coins remaining and about 5 days left in the ICO.
This should bes surely doable imo.
It would be easier to 'do' it if the ICO wasn't already extended. But given that there's been such a long opportunity for investors to get in... How much in dollar was raised in total ? According to my calculations, around 29 million $ have been raised, but I can be wrong: Tokens to be distributed: 440,644,085/500,000,000 Token price: 0.065 USD 440,644,085 x 0.065 = 28.6 mln Wow, quite a good amount for this period. That's a lot of money. They should be able to develop a good platform a have a big marketing campaign with that. There will be a platform but only in 2018, buy coins and forget about them for a year.
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sockpuppet1911
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November 15, 2017, 11:30:27 PM |
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A small 60mil coins remaining and about 5 days left in the ICO.
This should bes surely doable imo.
It would be easier to 'do' it if the ICO wasn't already extended. But given that there's been such a long opportunity for investors to get in... How much in dollar was raised in total ? According to my calculations, around 29 million $ have been raised, but I can be wrong: Tokens to be distributed: 440,644,085/500,000,000 Token price: 0.065 USD 440,644,085 x 0.065 = 28.6 mln Wow, quite a good amount for this period. That's a lot of money. They should be able to develop a good platform a have a big marketing campaign with that. There will be a platform but only in 2018, buy coins and forget about them for a year. That's my plan. Then again i can't forget... i'll probably check it daily anyway. I am too excited
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Alainmona
Newbie
Offline
Activity: 14
Merit: 0
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November 15, 2017, 11:31:03 PM |
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excellent video conference, I liked how easy and simple the CEO answers all questions thanks for sharing! Old news, why don't you ask the CEO to easy and simple asnwer some recent questions in this thread? First, this is old news. Second, take a look at the application form. You write some very basic info about a company and press 'Submit'. Nothing to get excited about. C'mon guys. I want to see more spam! My criticism needs to disappear quicker With only 2200 views I thought most people (especially the almost 11000 backers investing) would be interested in that video. But meh whatever you say man lol
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magisterr
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November 16, 2017, 12:39:51 AM |
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So, 500 mln tokens - this in total? With pre-sale tokens, devs tokens and bounty tolkens? Or this only tokens sold on crowdsale?
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Basicball
Member
Offline
Activity: 188
Merit: 12
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November 16, 2017, 12:43:11 AM |
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So, 500 mln tokens - this in total? With pre-sale tokens, devs tokens and bounty tolkens? Or this only tokens sold on crowdsale?
total
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Voltaje
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November 16, 2017, 01:08:37 AM |
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To the moon 🌓
Correctly think, I look forward to the end of ICO and will look at the price on the exchange? Won't rise much or it will go below ICO price, due to its popularity, there may be a lot of whales that will dump to fill bags, I will recommend waiting for q4 2018, where the platform goes live, then you will see the price rising.
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Gwyn
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November 16, 2017, 01:26:17 AM |
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To the moon 🌓
Correctly think, I look forward to the end of ICO and will look at the price on the exchange? Won't rise much or it will go below ICO price, due to its popularity, there may be a lot of whales that will dump to fill bags, I will recommend waiting for q4 2018, where the platform goes live, then you will see the price rising. there is a lot of money collect from crow-sale ,i think offictial team will do something to keep price
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PS92
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November 16, 2017, 01:36:31 AM |
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excellent video conference, I liked how easy and simple the CEO answers all questions thanks for sharing! AMAs should be a standard for ICOs I think
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Pajulapoiss
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November 16, 2017, 02:26:49 AM |
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There is a lot of FUD going on for this project! I really believe in this project and think it will have a great future!
Do you honestly think so? The amount of FUD completely pales in comparison to the shilling. I really believe in this project and think it will have a great future too! Hahaha, I see what u did there There's a fine line between shilling and hype, but there's definitely a lot of both, in the utrust project. And of course fud and fomo It will be a wild ride, that's for sure
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toolucky98
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November 16, 2017, 04:08:28 AM |
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So, 500 mln tokens - this in total? With pre-sale tokens, devs tokens and bounty tolkens? Or this only tokens sold on crowdsale?
Its the total amount , you can see it on their site, scroll down (nearly the bottom)
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Piggy
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November 16, 2017, 04:14:17 AM |
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There is a lot of FUD going on for this project! I really believe in this project and think it will have a great future!
Do you honestly think so? The amount of FUD completely pales in comparison to the shilling. I really believe in this project and think it will have a great future too! Hahaha, I see what u did there There's a fine line between shilling and hype, but there's definitely a lot of both, in the utrust project. And of course fud and fomo It will be a wild ride, that's for sure I hope everybody made an informed decision on his own anyway. Otherwise people will keep hurting themself with icos
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Yasemin
Full Member
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Activity: 224
Merit: 100
Become Part of the Mining Family
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November 16, 2017, 04:15:58 AM |
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Another ICO, which was finished yesterday, sold 29% of their total sold tokens in the last day of their token sale. I am getting the feeling that Utrust might sell out now...
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