Topic: UTRUST - page 182. (Read 314264 times)
If we dont pass the KYC, do they return the investment?
Can anyone who participated in the sale tell if KYC was informed prior to all investments or if it came as a surprise down the line.
it was announced that they have an KYC for investors last nov.2 i don't know what will happen to the early investors if they don't pass the KYC .
Can anyone who participated in the sale tell if KYC was informed prior to all investments or if it came as a surprise down the line.
I also think that there is a huge potential of growth, even with the pretty good amount raised i think Utrust value will continue to increase. The project has so much potential, just wait for the platform and see the value skyrocket.
Yes that is correct. My prediction is UTRUST tokens will be one of the hottest cryptocurrency come 2018.
I really hope so too. I still think that projects like UTrust are missing in the crypto world and are in need to bring crypto to the "real" world.
I also think that there is a huge potential of growth, even with the pretty good amount raised i think Utrust value will continue to increase. The project has so much potential, just wait for the platform and see the value skyrocket.
Yes that is correct. My prediction is UTRUST tokens will be one of the hottest cryptocurrency come 2018.
exactly, I have the same opinion
How much funds did they collect?
17.5 millions on ICO and 3.5 millions on pre-sale and private sale. 21 millions $ in total.
They collected very good amount. ICO process was so long but finally worth it for them.
Now it's time to build up the project. They need to keep loyal to the original roadmap.
150 million marketcap in the month to come, ready to make a bet on this one.
A bit too optimistic, I think. Maybe when the platform will be available for testing or after merchants will integrate it, but even...we'll see
Altcoins will have big rise soon. Utrust will benefit from this.
Why are you saying that? Do you have any secret information to share?
That's probably an assumption. But i can get behind that. If btc stabilizes, people will turn to alts for looking for next big pump
just a quick question, i have no problem with it but why do we have to submit our legal documents? is this just to prove that nothing dodgy is going on? or people from restricted countries are not purchasing?
You might read their medium blog article to answer your questions.
https://medium.com/@UTRUST/a-primer-on-the-importance-of-kyc-b0d2d618f533
I am against it too.
Yes, crypto was about decentralization and anonymity. Now government rules are stepping in, we need to put a stop to this. Avoid this kind of campaign.. I stay away from LBRY coin when they ask you for credit card to activate your account .. Nice one you did there LBRY
just a quick question, i have no problem with it but why do we have to submit our legal documents? is this just to prove that nothing dodgy is going on? or people from restricted countries are not purchasing?
You might read their medium blog article to answer your questions.
https://medium.com/@UTRUST/a-primer-on-the-importance-of-kyc-b0d2d618f533
Are they already on etherdelta?
just a quick question, i have no problem with it but why do we have to submit our legal documents? is this just to prove that nothing dodgy is going on? or people from restricted countries are not purchasing?
It is all about regulations, my friend. The world of crypto and blockchain is still in the midst of entering mainstream adoption. Banks, financial regulators and governments are all training their focus especially on ICOs, since a lot have already scammed and they have received a lot of complaints. There are also legitimate concerns about anti money laundering that must be addressed. Utrust is trying to become compliant in this manner, so all their investors must be properly vetted, as per their regulations and terms. You have no choice and soon every ICO will become like this.
KYC? Really?! If true, this is gonna become just another forgotten story ...
Why is that?
Not a big deal i think.
Indeed, what is wrong with KYC?
There are more project that use KYC on there ICO. Nothing wrong there so why here with UTRUST?
Nothing wrong with KYC if you announce all the regulations in advance. It is different if you start changing requirements in the middle of the process and cannot give any transparent answer to rely on.
Enjoy https://bitcointalksearch.org/topic/donttrust-utrust-stealing-your-money-2400831
just a quick question, i have no problem with it but why do we have to submit our legal documents? is this just to prove that nothing dodgy is going on? or people from restricted countries are not purchasing?
You might read their medium blog article to answer your questions.
https://medium.com/@UTRUST/a-primer-on-the-importance-of-kyc-b0d2d618f533
just a quick question, i have no problem with it but why do we have to submit our legal documents? is this just to prove that nothing dodgy is going on? or people from restricted countries are not purchasing?
KYC? Really?! If true, this is gonna become just another forgotten story ...
Why is that?
Not a big deal i think.
Indeed, what is wrong with KYC?
There are more project that use KYC on there ICO. Nothing wrong there so why here with UTRUST?
Better than? uTrust? Why?
He is the thread starter, thats why he said that
Ooooh, haha, lol
KYC? Really?! If true, this is gonna become just another forgotten story ...
Why is that?
Not a big deal i think.
So, ICO is successful and beta testing is in December. What's after all this?
only waiting the beta tester and be one of them.
so, holding token until end of beta phase will make you double your profit.
you should hold them for a year in my opinion. at least until the product is launched.
You know the bounty hunters they always tend to dump and when they do I'll be there to pick up more tokens at low price.
definitely long term. but I do have the impression that we may be able to also buy at a lower cost once it hits the exchanges.
yes, because I don't want to do the KYC things so I mostly avoid ICO and buy tokens when they are being dumped by the bounty hunters.
yes and centra has still problems to come up, but centra is a long term token imo and when the first cards are send to investors, it will rise even more.
I also think that there is a huge potential of growth, even with the pretty good amount raised i think Utrust value will continue to increase. The project has so much potential, just wait for the platform and see the value skyrocket.
any news about exchange listening?
investors still didint receive tokens. They must done KYC before. Be patient.
So, the process of KYC is after the crowdsale ended? Why not at the beginning? Is it un-scheduled? Sorry, asked too many questions.
Actually, it is better for companies to do kyc after the sale. If you saw kyc at the beginning you can say "naaaah i will pass it" but if you see it after you invest, you don't have another choice
I've read in telegram that quite some people there are now complaining because they invested but don't have the required document for passing KYC. I mean of course it's their fault because they didn't read instructions but I'm wondering how Utrust will deal with these funds.
Was it clear prior to sale that participants needed to pass KYC in order to recieve tokens? Ive seen post KYC Before but I think it is most often processed prior to sale...
I do think it was very clear that KYC was going to be implemented.
But it's a valid question, what will happen with those specific cases.
How can you not have a required document for passing KYC? From what I heard it's not very strict. I think it's mostly those people not wanting to go through KYC validation is all.
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