Topic: UTRUST - page 263. (Read 314264 times)

Thank you for the clarification! I thought that all 500,000,000 tokens for sale.

The 500 million tokens on the meter are not only ICO tokens. The bounty tokens (50 millions) , the private investor tokens (100 million), the UTrust tokens (before 100 million, now 50 millions) and the pre-ICO tokens (50 millions) are part of the 500 million tokens that will be distributed. So for the ICO itself the max tokens that can be bought are 250 million.

Thanks for your research! If this is true, it would not be good for UTrush reputation and I will be looking forward to the reply of Utrust representative on this

not partnership yet ok, i think i have read this, thanks for the correction.

The token are going to be distributed after the sale, as usual, in any other ICO

More red flags, unfortunately. See that big "regulated by FINMA" logo on their site?
https://utrust.io
Of course they're "regulated" by the FINMA, because they're active in Switzerland.
Their presentation suggests that they're actively working with them though.
Well, now I contacted the FINMA, and while their reply wasn't 100% conclusive, they literally said that "UTRUST doesn't have a direct FINMA authorisation for activities in the financial sector and are not a member of the SRO*" and that they will investigate this. Their complete reply actually sounds like they didn't hear about UTRUST until today.
If you don't believe me, feel free to contact them yourselves: https://www.finma.ch/en/news/2017/09/20170929-mm-ico/
I got a reply from [email protected], so you might as well use that address. Please remember that you're dealing with a major financial regulation authority here, so try not to sound like you're a mad 14yo if you do.
While it's possible that they didn't get in contact with the FINMA yet because they're not yet doing active business in the financial sector, you'd expect them to have clearance for the ICO ahead of its start. And like somebody else already said, no matter if it's a positive signal for investors, I'm pretty sure you can't just change the conditions of the capital raising procedure at will while it's already running.
Possibly the case officer just didn't have the information required yet, or there's some other valid explanation. Until there's a clear statement on this, this is a major red flag for me though.
At least this is very dishonest marketing. But we already know they're paying people to shill in this thread and all over social media, so I wouldn't really be surprised.

* https://www.finma.ch/en/authorisation/self-regulatory-organisations-sros/

So were 423,600,550 tokens sold? Will the token sale end if 500,000,000 are sold? If I got that right, the sale might end soon. When will the tokens be distributed?

What you mean "with microsoft"? They was on Microsoft conference, but this is not patnership.

If they will release 500 million tokens than they are probably adding it to sold part.

Great project! Great idea! Good luck guys 

yes the cap reached fast. now its the best time for invest

Certainly this is a reason. But I think it's also because they managed to get some further countries approved to participate in the ICO.

They will get paid in fiat
Whitepaper :
We provide sellers with the safety and convenience of receiving funds in fiat currency

That escalated quickly, last time I checked it was around 40%. Do you think its because the segwit 2x drama is over?

The ICO running really good, the cap reached early 

Yes they have a new system with direct chat between the two parts plus a mediator, so it should be quite fast

They announced that 50 million tokens for the Utrust team is now on sales, but I am not sure about the bounty tokens

It’s great that the service promises the minimum commission and time of execution of transactions; will there also be restrictions on international transfers?

Why is there a figure of 500 million on the meter? The tokens for the UTRUST team and the bounty tokens are also on sale?

10 more days until ICO finishes. Not sure if they are going to hit hard cap. 423,036,422/500,000,000. Still 75 million tokens for sale. I thought it would go fast after the cancellation of the fork