UTRUST

[Rigorous]

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!  

I would not call it FUD exactly. There have been some questions left unanswered by UTRUST. Some of those questions have only come up recently, when UTRUST Switzerland AG was launched and we learned about the KYC. That is new information and the reason why it was not discussed before.

[loup]

The team is very active, even when the ICO is almost over. Utrust on blockspot conference Lisbon, 13th November

https://twitter.com/AppCoinsProject/status/930543846626390020

They have been actively promoting their project from the start and you can see the results now in ICO and also this thread reaching 400 pages.
You just have to believe in their team since they put so much effort and time in their project.

Yes, their project ads can be seen on almost everywhere, its really a vast promotion.

they spent a lot in marketing but I think the amount they collected will cover the expense, must something like $20 M at this point, or not?

I think marketing is even more important than the product because if your product is not the best but every one knows it, its going to sell more than the competition.
they did spend a lot on marketing and that is visible on social media and crypto sites. finally a team that understands the power of promotion.

Marketing is everything in a crowded market like the ICO market. Many project lack on marketing.

Very true. All succesfull tokens / coins its only because good marketing. Hope they will promote utrsut after ICO as well

Correct. It would even be ideal if they have an aggressive  long term marketing plan at least for about 3 years.

[cwestmac]

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.

[slimypuppy54]

Found a video of Nuno and others answering a lot of the questions we have here.

https://youtu.be/5r1txwwu7bc

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?

UTrust was added to the Crypto Valley as a corporate member:

https://cryptovalley.swiss/member-directory/pg/7/?cn-s=utrust&cn-cat=1

The Crypto Valley Association is an independent, government-supported association to make Zug the world's leading blockchain and cryptographic technologies ecosystem.

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 

[greatteager]

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.

[Jree247]

To the moon 🌓

[Elkmar]

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.

[greatteager]

To the moon 🌓

Correctly think, I look forward to the end of ICO and will look at the price on the exchange?

[loup]

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.

[Rigorous]

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.

[greatteager]

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.

[sockpuppet1911]

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

[Alainmona]

Found a video of Nuno and others answering a lot of the questions we have here.

https://youtu.be/5r1txwwu7bc

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?

UTrust was added to the Crypto Valley as a corporate member:

https://cryptovalley.swiss/member-directory/pg/7/?cn-s=utrust&cn-cat=1

The Crypto Valley Association is an independent, government-supported association to make Zug the world's leading blockchain and cryptographic technologies ecosystem.

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

[magisterr]

So, 500 mln tokens - this in total? With pre-sale tokens, devs tokens and bounty tolkens? Or this only tokens sold on crowdsale?

[Basicball]

So, 500 mln tokens - this in total? With pre-sale tokens, devs tokens and bounty tolkens? Or this only tokens sold on crowdsale?

total

[Voltaje]

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.

[Gwyn]

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

[PS92]

Found a video of Nuno and others answering a lot of the questions we have here.

https://youtu.be/5r1txwwu7bc

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

[Pajulapoiss]

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

[toolucky98]

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)