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Topic: UTRUST - page 273. (Read 314321 times)

full member
Activity: 168
Merit: 100
November 08, 2017, 10:52:56 PM
really madness  Shocked
Fuck, very bad idea extend ICO. You lost all your trust now...
sr. member
Activity: 532
Merit: 297
November 08, 2017, 10:49:42 PM
Does it matter if the ICO got extended when they burned 50% of the tokens? Now just 90 more million tokens are available.
Yes, im also wondering if the exchange rate of the token will be changed or not  Huh

Token price is still $0.065

with the half supply, i hope price will be double later Smiley
full member
Activity: 210
Merit: 100
UTRUST Community Manager
November 08, 2017, 10:46:33 PM
There is anything good for investors! I cant trust gready people, who change rules in last moment! You must go to schedule!

Quote
The newly released tokens will be added back into the total supply for everybody to purchase during our ICO.

You can create unlimited tokens? wtf?  Huh
How many tokens you created for himself in fact?

Please read the latest updates carefully, the tokens weren't created from thin air, UTRUST put back it's own holdings into the supply for the ICO.
full member
Activity: 168
Merit: 100
November 08, 2017, 10:40:05 PM
There is nothing good for investors! I cant trust gready people, who change rules in last moment! You must go to schedule!

Quote
The newly released tokens will be added back into the total supply for everybody to purchase during our ICO.

You can create unlimited tokens? wtf?  Huh
How many tokens you created for himself in fact?
full member
Activity: 210
Merit: 100
UTRUST Community Manager
November 08, 2017, 10:35:58 PM
Does it matter if the ICO got extended when they burned 50% of the tokens? Now just 90 more million tokens are available.
Yes, im also wondering if the exchange rate of the token will be changed or not  Huh

Token price is still $0.065
full member
Activity: 490
Merit: 100
November 08, 2017, 10:35:04 PM
Does it matter if the ICO got extended when they burned 50% of the tokens? Now just 90 more million tokens are available.
Yes, im also wondering if the exchange rate of the token will be changed or not  Huh
full member
Activity: 210
Merit: 100
UTRUST Community Manager
November 08, 2017, 10:30:50 PM
wtf? extented ICO? Its unfair. Why you so greedy? Stop this madness! And go to schedule!

Hi,

Please re-read our message I don't think you can justify saying we are greedy.
We are changing the amount of tokens that UTRUST will hold from 100 million to only 50 million. The newly released tokens will be added back into the total supply for everybody to purchase during our ICO.
We talked to our private investors to negotiate a minimum vesting period of 12 months. This that another 100 million tokens cannot be withdrawn or sold for a full year.
U.S Investors are vested
UTRUST is also vested

So about 30% of the supply is vested for 12 months.
We really do think that this is fair, and even great for investors
full member
Activity: 168
Merit: 100
November 08, 2017, 10:10:26 PM
wtf? extented ICO? Its unfair. Why you so greedy? Stop this madness! And go to schedule!
hero member
Activity: 1302
Merit: 508
Leading Crypto Sports Betting & Casino Platform
November 08, 2017, 10:06:05 PM
ICO extended till 20-Nov
Smart Contract — AUDITED  ✅
Today we are releasing an independent review of our smart contract by Positive.com. We are proud to say that they gave it their approval and that it will be deployed shortly. You will be able to use the contract shortly after the ICO ends and when your KYC is complete.

didn't they previously say they didn't use smart contracts because they accept both ETH and BTC?

can someone please elaborate?

EDIT: the hyperlink in the mail to positive.com leads to this article:
https://medium.com/positive-ico/utrust-smart-contract-audit-bf40c141f0a6

glad to see this article, we can see UTrust Team wok hard behind project ,

Very good to know they extend the ICO till Nov 20th. Whether they raise enough money in the crowdsale or it didn't reach the hard cap. Already it is going to list in some of the exchange after completion of their ICO.
full member
Activity: 361
Merit: 100
November 08, 2017, 09:46:50 PM
ICO extended till 20-Nov
Smart Contract — AUDITED  ✅
Today we are releasing an independent review of our smart contract by Positive.com. We are proud to say that they gave it their approval and that it will be deployed shortly. You will be able to use the contract shortly after the ICO ends and when your KYC is complete.

didn't they previously say they didn't use smart contracts because they accept both ETH and BTC?

can someone please elaborate?

EDIT: the hyperlink in the mail to positive.com leads to this article:
https://medium.com/positive-ico/utrust-smart-contract-audit-bf40c141f0a6

glad to see this article, we can see UTrust Team wok hard behind project ,
full member
Activity: 275
Merit: 100
November 08, 2017, 09:22:54 PM
One more exchange


I don't see an exchange I didn't know about yet

this already very great now ,the ico is not over but already have market want to list UTRUST.
newbie
Activity: 9
Merit: 0
November 08, 2017, 09:17:14 PM
Good announcement.

destroyed 500 mil token it is good news bring token price up when listed because limited supply. it means only l 500 mil token supply for circulation out of this 100 mil token having with private investor they are locked for one year 50 mil with team. it means only 350 mil token for circulation .it is good chance to bring price up when listed on exchange.
 Shocked
member
Activity: 188
Merit: 12
November 08, 2017, 09:07:49 PM
One more exchange


I don't see an exchange I didn't know about yet
sr. member
Activity: 533
Merit: 250
Sugars.zone | DatingFi - Earn for Posting
November 08, 2017, 09:06:14 PM
One more exchange


Nice update, Project Utrust is are good alt-cryptocurreny. No sh*t words for a promises things. Team has enough to proven, Utrust is LIVE not a sucks project.
member
Activity: 76
Merit: 11
November 08, 2017, 08:56:22 PM
One more exchange

member
Activity: 285
Merit: 35
November 08, 2017, 08:52:56 PM
i support ICO extended till 20-Nov,there is no btcoin fork now ,all investor will come back to altcoins
member
Activity: 188
Merit: 12
November 08, 2017, 08:34:16 PM
ICO extended till 20-Nov
Smart Contract — AUDITED  ✅
Today we are releasing an independent review of our smart contract by Positive.com. We are proud to say that they gave it their approval and that it will be deployed shortly. You will be able to use the contract shortly after the ICO ends and when your KYC is complete.

didn't they previously say they didn't use smart contracts because they accept both ETH and BTC?

can someone please elaborate?

EDIT: the hyperlink in the mail to positive.com leads to this article:
https://medium.com/positive-ico/utrust-smart-contract-audit-bf40c141f0a6
sr. member
Activity: 554
Merit: 251
November 08, 2017, 08:30:34 PM
Does it matter if the ICO got extended when they burned 50% of the tokens? Now just 90 more million tokens are available.

Since they will destroy half the tokens and there's only so many more tokens left I guess the extension is alright. I dont think it will last untill the 20th of nov anyway.
full member
Activity: 233
Merit: 100
November 08, 2017, 08:27:40 PM
Does it matter if the ICO got extended when they burned 50% of the tokens? Now just 90 more million tokens are available.
full member
Activity: 336
Merit: 112
November 08, 2017, 08:25:56 PM
ICO extended till 20-Nov

Dear Community,
 

Let us begin by saying that we truly appreciate our Member’s and Investor’s loyalty, support and engagement – without you, none of this would be possible. Thank you for being awesome! 🙏

 

When we first idealised UTRUST, our vision was to create a borderless payment platform that would allow people from all over the World to perform day-to-day crypto-transactions in a simple and effortless manner. 

 

Today, we are proud to announce that we have taken several important steps that will ensure the UTRUST vision does indeed become a reality for all of us. After analyzing our ICO, it is quite clear that our timing has not been ideal, particularly given the current market conditions.

 
That being said, we have gone back to the drawing board, sat down with our Team and Advisors and decided to implement some major improvements.

 
So, without further ado...

 
Team Tokens — REDUCED  ✅
We are changing the amount of tokens that UTRUST will hold from 100 million to only 50 million. The newly released tokens will be added back into the total supply for everybody to purchase during our ICO.
 

Smart Contract — AUDITED  ✅
Today we are releasing an independent review of our smart contract by Positive.com. We are proud to say that they gave it their approval and that it will be deployed shortly. You will be able to use the contract shortly after the ICO ends and when your KYC is complete.
 

Private Investors — VESTED  ✅
We talked to our private investors to negotiate a minimum vesting period of 12 months. This is great news as it means that another 100 million tokens cannot be withdrawn or sold for a full year.
 

500 Million Tokens — BURNED  ✅
We made the decision to burn 50% of all tokens today, prior to the end of our ICO, permanently reducing the total maximum supply by half. We now have a very limited number of tokens available for sale.
 

Public ICO — EXTENDED  ✅
Since all these structural changes will result in an improved value proposition, we would like to give everyone a fair chance to participate in our ICO. As a result, we have extended our ICO to end on 20 November 2017 at 2 PM UTC.


This decision was not taken lightly and also reflects the feedback we have received from many of you advocating for more favourable market conditions in order to participate in our ICO. With the latest news regarding the cancellation of the SegWit2x fork, we believe this is a unique opportunity to be part of this online payments revolution — join the future with UTRUST!
 

All the best,

Your UTRUST Team

I like everything about it, beside the extension. But under the circumstances explained up there I think it's somehow ok. Still, I don't like such last minute extensions :/ But the good think is, that they burned 500,000 tokens, so that the supply will be just half of the coins. Also I like the decision to half their own coins for this.
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