newlone
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November 21, 2017, 07:36:52 PM |
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Congratz on the devs for this ICO! Lets hope this will be a great succes and UTRUST will have a great future.
Hope there will be some updates very soon about this project. Great work devs.
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lvsca
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November 21, 2017, 07:38:14 PM |
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So, in total they raised 21 mn usd? 17,5 mln + 3.5 on pre-ico. How many tokes will be on exchanges? 500 mln? Or devs tokens will be frozen?
good question, goes all the unsold token to the exchanges? 50 million tokens went to the UTrust team. I guess these won't be available on exchanges. Another 100 million tokens were sold to private investors and are vested for 1 year. That means around 350 million tokens should be circulating. If they will stick with this and 100 million tokens wont be tradable for one year, then this is a great move by Utust team. We will see how they will survive initial bounty hunters dump but from then on, the value should go just up. It's always a great move if devs make them untradeable for some time. It builds up trust and prevents investors from huge dumps. i hope the bounty hunter dump it in short time, dev still developing their program, investor hold their token. and, in short time to, dev launch their program, so the token value will increase.
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bitcoinbulk
Full Member
Offline
Activity: 280
Merit: 100
Ternion | Hybrid Crypto Exchange with fiat gateway
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November 21, 2017, 08:02:27 PM |
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Here is a new update from telegram : 🚀 Welcome To UTRUST 🚀 FAQ Please Read Pinned Message - Only trust https://utrust.io - There will be people that will try to scam you. Please do be careful. 👮 Crowdsale Ended Has Ended - Update - KYC will start in the next few days. You will need a document (please refer to the KYC list to determine individual country requirements) and proof of address.You will have at least 60 days to complete after it opens Tokens will be released to investors by the end of this month. Shortly after that, they will become tradable on HitBTC and KuCoin. First selected merchants will start using the platform. Next conferences will take place in Switzerland, United Kingdom, Poland and Singapore! Stay tuned for additional major exchanges and exciting community news that will follow in the next month. Please Note that all transactions that were sent before 2 PM UTC will be honored and appear in your dashboard even after the ICO ended. Thanks for the all the support 👍🚀 ⁉️ Frequently Asked Questions ⁉️ When does KYC start? KYC will start in the next few days. You will need a document (please refer to the KYC list to determine individual country requirements) and proof of address that you will need in order to pass KYC. What I.D is accepted for my location? Please view the list of Countries for KYC - https://docs.google.com/spreadsheets/d/1VLB7fotMU8VYZFoZtgnX7V30rrAV9skDeS1Fq3lGuts/edit#gid=279118851When can I withdraw tokens? UTRUST tokens can be withdrawn about 1-2 weeks after ICO ends and once users verified their account (KYC). When and What Exchanges? Two confirmed Exchanges to be listed 1-2 weeks after the ICO ends. - KuCoin.com - HitBTC.com - More to be announced If you have any further questions please ask. I'm confused...why is the KYC after the Crowdsale?
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cmg12
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November 21, 2017, 08:03:31 PM |
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Congratz on the devs for this ICO! Lets hope this will be a great succes and UTRUST will have a great future.
Hope there will be some updates very soon about this project. Great work devs.
I just can't wait to see Utrust platform working and I'm curious how their tokens will be performing on exchanges
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captainhera
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November 21, 2017, 08:07:40 PM |
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Congratz on the devs for this ICO! Lets hope this will be a great succes and UTRUST will have a great future.
Hope there will be some updates very soon about this project. Great work devs.
I just can't wait to see Utrust platform working and I'm curious how their tokens will be performing on exchanges We all are Is there some news out coming from the devs about exchanges and when the tokens will be released? Hope to hear great news soon
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Rigorous
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November 21, 2017, 08:20:02 PM |
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Of course it's a long term hodl, here investors can either get rekt if they deliver nothing or epic win if they'll deliver and merchants start adding the payment platform
I have said it before, I am a bit disappointed that technically the only mechanism for the tokens to increase in value is by burning at most 50 million tokens a year. Or after the halving, I suppose it is 25 million tokens a year now. Still have no answer about that, but let us assume that is the case. UTrust is also going to sell 2% a year. That means at most a yearly ~3% increase for the first few years. Unlike traditional stock you do not get voting rights. Tell me then, what is going to take UTrust tokens to the moon?
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cmg12
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November 21, 2017, 08:24:20 PM |
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Of course it's a long term hodl, here investors can either get rekt if they deliver nothing or epic win if they'll deliver and merchants start adding the payment platform
I have said it before, I am a bit disappointed that technically the only mechanism for the tokens to increase in value is by burning at most 50 million tokens a year. Or after the halving, I suppose it is 25 million tokens a year now. Still have no answer about that, but let us assume that is the case. UTrust is also going to sell 2% a year. That means at most a yearly ~3% increase for the first few years. Unlike traditional stock you do not get voting rights. Tell me then, what is going to take UTrust tokens to the moon? I thought that we could use Utrust tokens for payments. This could boost price due to higher demand
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greatteager
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November 21, 2017, 08:38:47 PM |
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Congratz on the devs for this ICO! Lets hope this will be a great succes and UTRUST will have a great future.
Hope there will be some updates very soon about this project. Great work devs.
I just can't wait to see Utrust platform working and I'm curious how their tokens will be performing on exchanges We all are Is there some news out coming from the devs about exchanges and when the tokens will be released? Hope to hear great news soon So far there is no news, we know that in a few days will be a listing for Kucoin and Hit Btc, let's wait.
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kraterion
Full Member
Offline
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
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November 21, 2017, 08:57:12 PM |
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Of course it's a long term hodl, here investors can either get rekt if they deliver nothing or epic win if they'll deliver and merchants start adding the payment platform
I have said it before, I am a bit disappointed that technically the only mechanism for the tokens to increase in value is by burning at most 50 million tokens a year. Or after the halving, I suppose it is 25 million tokens a year now. Still have no answer about that, but let us assume that is the case. UTrust is also going to sell 2% a year. That means at most a yearly ~3% increase for the first few years. Unlike traditional stock you do not get voting rights. Tell me then, what is going to take UTrust tokens to the moon? Demand! UTK aren't pegged to anything so I don't have to tell you what happens when a coin/token is in demand, especially in this crypto jungle, right?
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Hamaber
Member
Offline
Activity: 364
Merit: 11
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November 21, 2017, 09:05:30 PM |
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is there a signature? i think i will wear it without a bounty - utrust gonna make me rich yeah, but you'd be missing out on other bounties though maybe it's worth it, for someone who appreciates the project. In any case, I think UTRUST is waiting for success! It is really a very powerful project. I am also searching to get some of the coins in order to get the chance to grab the train.
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loup
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November 21, 2017, 09:06:42 PM |
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Congratz on the devs for this ICO! Lets hope this will be a great succes and UTRUST will have a great future.
Hope there will be some updates very soon about this project. Great work devs.
I just can't wait to see Utrust platform working and I'm curious how their tokens will be performing on exchanges We all are Is there some news out coming from the devs about exchanges and when the tokens will be released? Hope to hear great news soon So far there is no news, we know that in a few days will be a listing for Kucoin and Hit Btc, let's wait. What I'm really looking forward to is seeing the platform working or at least a demo. But according to your roadmap it seems that we are still going to have to wait for it. I will have to settle for the news that they are getting in the meantime.
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cmg12
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November 21, 2017, 09:37:49 PM |
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Congratz on the devs for this ICO! Lets hope this will be a great succes and UTRUST will have a great future.
Hope there will be some updates very soon about this project. Great work devs.
I just can't wait to see Utrust platform working and I'm curious how their tokens will be performing on exchanges We all are Is there some news out coming from the devs about exchanges and when the tokens will be released? Hope to hear great news soon So far there is no news, we know that in a few days will be a listing for Kucoin and Hit Btc, let's wait. What I'm really looking forward to is seeing the platform working or at least a demo. But according to your roadmap it seems that we are still going to have to wait for it. I will have to settle for the news that they are getting in the meantime. Every investment needs to mature. You have to wait some time to be able to use Utrust platform
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Trrrt
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November 21, 2017, 09:38:16 PM |
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Im impatient too to see Utrust on exchanges, I think it will be a great sucess like the ico. The visibility of the project is really good, and the community is very supportive, I think that the project can go very high in value soon.
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Rigorous
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November 21, 2017, 09:41:23 PM |
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I thought that we could use Utrust tokens for payments. This could boost price due to higher demand
Demand! UTK aren't pegged to anything so I don't have to tell you what happens when a coin/token is in demand, especially in this crypto jungle, right?
Maybe. One ICO reviewer wondered whether UTrust Tokens will be usable as a payment method when you can pay with other cryptocurrencies or fiat. If you want to use UTrust Tokens you have to either be an investor or buy them from the exchange first. Chances are customers will use the currency they have instead.
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SEELE^^01
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November 21, 2017, 09:48:09 PM |
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I thought that we could use Utrust tokens for payments. This could boost price due to higher demand
Demand! UTK aren't pegged to anything so I don't have to tell you what happens when a coin/token is in demand, especially in this crypto jungle, right?
Maybe. One ICO reviewer wondered whether UTrust Tokens will be usable as a payment method when you can pay with other cryptocurrencies or fiat. If you want to use UTrust Tokens you have to either be an investor or buy them from the exchange first. Chances are customers will use the currency they have instead. probably, but as far as i know, the tokens are going to bought back by utrust only to be burned, hence there is no use for them on the utrust plattform.
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sockpuppet1911
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November 21, 2017, 09:55:29 PM |
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I don't understand why people are wondering why there was a last minute rush. That was normal procedure in icos back in days.
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ParRus
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November 21, 2017, 09:59:44 PM |
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I don't understand why people are wondering why there was a last minute rush. That was normal procedure in icos back in days.
it was happens, everyone watched with interest and thought until the last minute, it's made this project even more exciting
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Elkmar
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November 21, 2017, 10:17:08 PM |
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No news or hints about the upcoming tests with merchants? Would really love to hear more about this! The implementation will begin in 2018, there is time for this
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loup
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November 21, 2017, 10:17:20 PM |
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I don't understand why people are wondering why there was a last minute rush. That was normal procedure in icos back in days.
it was happens, everyone watched with interest and thought until the last minute, it's made this project even more exciting Because for someone that hasn't follow to many ICO's is weird to see that amount of tokens sold in the last minute.
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greatteager
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November 21, 2017, 10:20:45 PM |
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I don't understand why people are wondering why there was a last minute rush. That was normal procedure in icos back in days.
it was happens, everyone watched with interest and thought until the last minute, it's made this project even more exciting It was interesting for everyone to look at the ending, whether large investors took part in the end.
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