Utrust ICO Details

UTRUST is a groundbreaking payment platform that empowers buyers to pay with their favorite cryptocurrencies while providing the best consumer protection in the market. In a nutshell, buyer protection — a unique protection mechanism in crypto payments that allows users to pay with confidence.
ICOs Utrust
ICO Website https://utrust.io/
ICO Grade 72.414%
Number of ICO Tokens 700,000,000
Total Number of Tokens 1,000,000,000
ICO Market Cap $45,500,000
Pre Sale Date 08/28/2017
ICO Date 11/02/2017
ICO End Date 11/09/2017
ICO Price $0.065
Idea 1
All-Star Team YES
All-Star Advisors NO
Type Digital payment gateway
Audience Merchants
Github NO
Open Source NO
POS Rewards YES
User Base NO
App Store reviews NO
% Market Cap 0.024%
% Total Supply 70.000%
Release token Date 11/09/2017
White Paper Link https://s3-eu-west-1.amazonaws.com/utrust/whitepaper/en/UTRUST-whitepaper-en-2017-10-15.pdf
Competitive Strengths Lower buyer purchase risk, Low exchange fees, Lower seller fees, Acceptance of multiple Cryptocurrencies, Safety of funds, Decentralized token linked to platform value
Team members Nuno Correia - CEO, Filipe Castro - CIO, Artur Goulao - CTO, Roberto Machado - CPO, Laura Esteves - Head of Operations
Team members expertise in Business domain Yes
Target Market expertise Yes
Software Development Experience / Blockchain Development Experience Yes
Professional Network Yes
Project Details
Social Media Link https://www.facebook.com/utrust.io/, https://twitter.com/UTRUST_Official
Social Media Activity Facebook followers - 9430, Twitter followers - 6917
Media Coverage Yes
Smart Money Backing Yes
Corporate Backing Yes
Partnership Yes
Target Market Utrust aims to build next-generation digital 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.
Objective of Business Model The funds will fuel company's passion to disrupt online payments with cryptocurrency, financing development of MVP, marketing operations, merchant adoption incentives and team expansion
Use of Proceeds 40% Engineering & Development, 20% Partner Engagement, 15% Marketing & Promotional, 12% Legal & Regulation, 10% Operational & Administration, 3% MISC