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Author Topic: [2017-11-13]Cryptocurrency Payment System UTRUST Reaches Milestone on First Day  (Read 90 times)
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November 13, 2017, 10:20:57 PM

UTRUST, a payment system that has been dubbed a “decentralized PayPal,” is defying expectations with the launch of its ICO. In the first day of its initiation, the project was able to reach its soft cap target after reaching $10 million in total funds raised.

The milestone was reached on the first day of the ICO’s launch, following a successful pre-ICO period — where token sales were sold after only 90 minutes. Furthermore, the digital payments platform is set to reach another milestone of raising $49 million in financial leverage.

The ICO has likely benefited from contributions from US-based investors – one of a only a few ICOs of its kind allowing limited participation from US citizens  – a possible explanation for its success given certain legal hoops Americans are forced to jump through.
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