UTRUST is a revolutionary payment platform that empowers buyers to pay with cryptocurrencies while providing a groundbreaking purchase protection mechanism.
ICO Status: Finished
UTRUST aim is to build a next-generation payment gateway allowing buyers to use their
favorite cryptocurrency to buy goods and services with confidence from merchants,
incorporating a robust PayPal-like consumer protection and dispute resolution scheme.
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Venture |Raised Capital:|
Token fundraising target amount is $21 Million USD.
$0.065 per token
|ICO token Distribution:
Team: 10% (50 million)
Private investors: 20% (100 million) with 1 year vesting.
Pre-ICO: 5% (50 million)
ICO: 55% (275 Million)
Bounty: 5% (25 million)
Dynamic burn of the fee in the form of the a buyback of the uTrust Token at market rate, with a maximum cap on the burn rate in order to ensure a sustainable market.
Competitors | UTRUST aims to be the safest payment platform in the world for buyers and sellers
Below you can find a practical comparison between UTRUST and some of the major traditional and crypto online payment platforms: PayPal and Bitpay.
Initial Coin Offering |ICO Launch: |
2nd of November, 2017
The UTRUST ICO Round 1 begins on the 2nd of November, 2017, 14:00 UTC. The ICO will have 7 rounds, 10% each and the maximum crowdsale cap is $21 million.
The UTRUST Pre-ICO sold out $1.5 million in just 90 minutes on the 28th of August 2017. To see UTRUST whitepaper, roadmap and the team please visit the following links:
Social Media accounts are the following:
Slack channel is: https://utrust-official.slack.com
Telegram channel is: https://t.me/utrustofficial
Facebook page is: https://www.facebook.com/utrust.io/
Twitter page is: https://twitter.com/UTRUST_Official
Medium page is: https://medium.com/@UTRUST
Join the talk on our Subreddit: https://www.reddit.com/r/UTRUST_Official/
20th of November, 2017
ICO Tradable on Exchanges since:
still not tradable
Offices/Locations |Utrust address:
Team behind UTRUST
An early cryptocurrency investor, deeply involved in crypto markets and community since early 2011 and successfully co-founded several B2C ventures. With a background in Law and Marketing, he is passionate about the transformative future of digital payments.
An MBA with an MSENG and love for disruptive technologies. Early career in development of software solutions, including electronic payment systems. Internationally-minded, moved from corporate to small ventures in Scandinavia, complemented with an MBA in China and a brief advisory role. Now engaged in business development and strategic development of cool new ventures.
Former CTO in a leading digital payment platform company and current head of Development of a Swiss-based Cybersecurity company. Excels and is deeply involved in development and R and D of software-related payment systems, in either classical or Blockchain Smartcontract-based approach. Has a background in Computer Science from IST and MIT.
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