Was there a soft cap and what you are going to do with unsold tokens?
I'm not sure if there's a soft cap so I can't answer that for you. Any unsold tokens will be burned, so they'll pretty much only create what they sell.
Topic: UTRUST - page 601. (Read 314264 times)
I'm not sure if there's a soft cap so I can't answer that for you. Any unsold tokens will be burned, so they'll pretty much only create what they sell.
Was there a soft cap and what you are going to do with unsold tokens?
So is UTRUST trying to act like a decentralized PayPal?
From what I understand, more or less. They aim to be one of the first decentralized payment processors that allow conversions of most cryptos. Their niche is in their buyer protection which seems unmatched by the competition at the moment. I'm excited to see how their ICO goes
Ok but is it then more like a Coinbase but with more cryptocurrencies or are they offering some sort of decentralized solution?
I would say paypal is a better comparison. As a merchant you can sell your products, accepting major cryptos through this platform while having the received coins be immediatly converted into your fiat of choice (ie. ETH to USD). This not only saves you the hassle of conversion yourself but protects against market volatility. The merchant can then convert their money into other cryptos, cash out, or keep it in their wallet on the platform. As a buyer this platform would potentially save you the hassle & time of any conversions, as well as providing you protection on your purchases! Bought a boat online with BTC, that surprisingly never got delivered? With UTRUST you're protected!
Quote
UTRUST extends consumer protection by covering both physical and virtual (if applicable) purchases. We will guarantee full coverage of all eligible payments made via UTRUST.
https://utrust.io/how-it-works#customer-payment-protection
https://utrust.io/how-it-works#safety-of-funds
So is UTRUST trying to act like a decentralized PayPal?
From what I understand, more or less. They aim to be one of the first decentralized payment processors that allow conversions of most cryptos. Their niche is in their buyer protection which seems unmatched by the competition at the moment. I'm excited to see how their ICO goes
Ok but is it then more like a Coinbase but with more cryptocurrencies or are they offering some sort of decentralized solution?
So is UTRUST trying to act like a decentralized PayPal?
From what I understand, more or less. They aim to be one of the first decentralized payment processors that allow conversions of most cryptos. Their niche is in their buyer protection which seems unmatched by the competition at the moment. I'm excited to see how their ICO goes
So is UTRUST trying to act like a decentralized PayPal?
in slacks since 252 almost all the bots. Why do not they block such users? The same is probably happening on social networks.
See the development of this time I've checked at UTRUST bounty campaign and already are many who to participate on this projects.
on bounty social media like twitter and facebook has reached hundreds or thousands the people who have joined. fantastic.
i am here and always cheking new update from this project and use this signature until the end of ICO. good work the team UTRUST keep spirit.
on bounty social media like twitter and facebook has reached hundreds or thousands the people who have joined. fantastic.
i am here and always cheking new update from this project and use this signature until the end of ICO. good work the team UTRUST keep spirit.
I missed the pre ico because i all focused moneth a ico but i think they bit them all.ı will invest from 1th round
Happy to hear that. Stay tuned for 20th September at 2 PM GMT. If you have any questions, don't hesitate to get in touch!
I have question about aggressive marketing which should have started right after the end of pre-ICO or later? What type of marketing will be? Articles, video, or some activity on crypto conferences? Can u tell us more about it?
Hi Dinc!
It will indeed involve all of these. Press releases / articles, videos, conferences. We will also invest significant time and money into the Asian market to increase our presence there. On top of that, we are running banners through all channels, so don't be surprised to see the UTRUST marketing on sites like coinmarketcap! 🙃
Hope this helps!
I missed the pre ico because i all focused moneth a ico but i think they bit them all.ı will invest from 1th round
Happy to hear that. Stay tuned for 20th September at 2 PM GMT. If you have any questions, don't hesitate to get in touch!
I have question about aggressive marketing which should have started right after the end of pre-ICO or later? What type of marketing will be? Articles, video, or some activity on crypto conferences? Can u tell us more about it?
I missed the pre ico because i all focused moneth a ico but i think they bit them all.ı will invest from 1th round
Happy to hear that. Stay tuned for 20th September at 2 PM GMT. If you have any questions, don't hesitate to get in touch!
I missed the pre ico because i all focused moneth a ico but i think they bit them all.ı will invest from 1th round
Dear community,
UTRUST is proud to announce the most recent addition to the team:
Sydney Lai
https://www.linkedin.com/in/sydneylai/
A cryptocurrency investor with a background in tech and banking at Wells Fargo and Credit Suisse. As a community leader building startup ecosystems, she has built relationships with financial institutions, accelerators, venture funds and investors, all to enable society’s access to emerging technology.
UTRUST is proud to announce the most recent addition to the team:
Sydney Lai
https://www.linkedin.com/in/sydneylai/
A cryptocurrency investor with a background in tech and banking at Wells Fargo and Credit Suisse. As a community leader building startup ecosystems, she has built relationships with financial institutions, accelerators, venture funds and investors, all to enable society’s access to emerging technology.
Great news! Glad to see the Utrust team is steadily growing with it's newly acquired funds
love to updates and transparency as well. I guess security system being used now is pretty good. I'm sure atlant team has prepared all this well. Hopefully this project will bring good luck and I will always support. good luck
You're getting your ico-boost-posts mixed up mate. This is the UTRUST-thread, not the atlant. I know it can get confusing after a while
Bookmarks help.
Dear community,
UTRUST is proud to announce the most recent addition to the team:
Sydney Lai
https://www.linkedin.com/in/sydneylai/
A cryptocurrency investor with a background in tech and banking at Wells Fargo and Credit Suisse. As a community leader building startup ecosystems, she has built relationships with financial institutions, accelerators, venture funds and investors, all to enable society’s access to emerging technology.
UTRUST is proud to announce the most recent addition to the team:
Sydney Lai
https://www.linkedin.com/in/sydneylai/
A cryptocurrency investor with a background in tech and banking at Wells Fargo and Credit Suisse. As a community leader building startup ecosystems, she has built relationships with financial institutions, accelerators, venture funds and investors, all to enable society’s access to emerging technology.
Kakumei thank you for your early reply. I really like this project and its main idea. I am interested in participating in it. I registered with the PRE-IKO. However, during the sale, I did not see the main wallet, the list of transactions and its fullness. There was a feeling that very visibly the sales were created professionally. Where do you store the collected data? Do you have links to these wallets?
Thanks for the answer.
Thanks for the answer.
Hi Taya!
Unfortunately, the list of wallets is in complete automation (i.e. we do not take care of this manually, but our algorithms do). For every user that registers we generate a Bitcoin and an Ethereum wallet. So there are thousands of wallets (completely automated) and we convert the majority of those immediately to fiat to protect everybody's investment from market volatility.
Rest assured that we are doing everything in our power to protect yours and our funds. Particularly in light of recent events. Having a single big wallet makes you and us vulnerable.
I hope you understand!
I guess security system being used now is pretty good. I'm sure atlant team has prepared all this well. Hopefully this project will bring good luck and I will always support. good luck
Hello. I have doubts about the availability of a wallet from the project. Can you confirm its availability and fillability? I think that it is very suspicious that you collected such a large amount and did not show the transaction and the wallet fullness.
Hi Taya,
Thank you for your question, I will elaborate on this in a bit more detail.
First of all, let me say that I completely understand your concern. However, as per our whitepaper (page 38), we do not hold any cryptocurrencies due to risks of volatility. Plus, the cryptocurrencies held are spread over thousands of addresses (a unique address per participant).
Here is the quote from the whitepaper:
Quote
Security
Our system is designed taking into account the recent events of wallet theft in ICO. This will be mitigated by circulating the currency between multiple addresses and converting a significant amount of the ICO to fiat.
Our system is designed taking into account the recent events of wallet theft in ICO. This will be mitigated by circulating the currency between multiple addresses and converting a significant amount of the ICO to fiat.
I hope this helps!
Kakumei thank you for your early reply. I really like this project and its main idea. I am interested in participating in it. I registered with the PRE-IKO. However, during the sale, I did not see the main wallet, the list of transactions and its fullness. There was a feeling that very visibly the sales were created professionally. Where do you store the collected data? Do you have links to these wallets?
Thanks for the answer.
Hello. I have doubts about the availability of a wallet from the project. Can you confirm its availability and fillability? I think that it is very suspicious that you collected such a large amount and did not show the transaction and the wallet fullness.
Hi Taya,
Thank you for your question, I will elaborate on this in a bit more detail.
First of all, let me say that I completely understand your concern. However, as per our whitepaper (page 38), we do not hold any cryptocurrencies due to risks of volatility. Plus, the cryptocurrencies held are spread over thousands of addresses (a unique address per participant).
Here is the quote from the whitepaper:
Quote
Security
Our system is designed taking into account the recent events of wallet theft in ICO. This will be mitigated by circulating the currency between multiple addresses and converting a significant amount of the ICO to fiat.
Our system is designed taking into account the recent events of wallet theft in ICO. This will be mitigated by circulating the currency between multiple addresses and converting a significant amount of the ICO to fiat.
I hope this helps!
Hello. I have doubts about the availability of a wallet from the project. Can you confirm its availability and fillability? I think that it is very suspicious that you collected such a large amount and did not show the transaction and the wallet fullness.
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