UTRUST initial coin offering (ICO)

The future of online payments



UTRUST is a revolutionary payment platform that empowers buyers providing a groundbreaking purchase protection mechanism.

4
20 20 expert ratings
3.7
4.4
4
4.2
View rating distribution
Starts in 1 year ago
2017-11-02 - 2017-11-20
Token
UTK
Type
ERC20
Price in ICO
1 UTK = 0.065 USD
Platform
Accepting
Hard cap
21,000,000 USD
Raised
20000000
preICO start
Aug 28, 2017
preICO end
Aug 28, 2017
ICO start
Nov 2, 2017
ICO end
Nov 20, 2017
More on ICO
Report

About UTRUST ICO

UTRUST ICO will take place in October (day TBA) and will have a duration of 7 days max. It will be a single round event at a fixed price of $0.065 per token.
The UTRUST Platform is a payment processor solution that enables merchants to accept multiple cryptocurrencies from buyers as payment methods while receiving in fiat currency.
Lower Buyer Purchase Risk
We cover all purchases (both goods and the majority of services). Other traditional solutions such as PayPal only cover the purchase of physical goods. Crypto-based services such as Bitpay do not cover anything at all.
Payment Approval Speed
Unlike traditional payment systems that most of the times delay the approval of payments due to high risk of fraud, and require submission of countless documents, we approve payments immediately and make the process hassle-free for both parties (buyer & seller).
Low Exchange Fees
We provide both buyer and seller low exchange fees by using advanced analytics that connects to multiple crypto-currency exchange providers. Services such as PayPal and Bitpay provide extremely high internal exchange rates.
Low Seller Fees
We will charge sellers a flat 1% fee on received payments. Other services such as PayPal charge a flat minimum rate of 2.9%, but can go above 5% after all “hidden fees” are accounted for.
Multiple Crypto Currencies Accepted
We accept the most used cryptocurrencies on the market (Bitcoin, Ethereum, Litecoin, Dash Monero and others) covering a wider percentage of the total market cap. Other services such as Bitpay only accept Bitcoin, restricting their market to half of the total market cap. As more tokens are created and added to the market, their captured percentage will only shrink further.
Safety of Funds
Leverage the power of the blockchain and say goodbye to credit card fraud. You have control over your own private keys and funds, and not even we can access your wallet. Traditional centralized solutions have a poor track record in keeping your funds safe.
No Chargebacks
Sellers will be protected from rampant credit card fraud and nasty chargebacks, a common occurrence in traditional payment services still reliant on credit cards.
Customer Payment Protection
Services such as PayPal are well known, and PayPal relies heavily on its buyer/seller protection plan. However, it only covers the purchase of physical goods. Bitpay does not cover any purchases, making the transaction irreversible and leaving you exposed to potential fraud. 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.
Resolution of Disputes Timeframe
Traditional solutions such as PayPal have a lengthy waiting period of transaction resolutions while they gather evidence on both sides independently (taking up to several months), making it a slow and painful process. We provide both a self-mediated 2-party resolution mode, and an advanced 3-party resolution dispute mechanism, enabling both parties to chat in real time, guided by one of our resolution mediators. We make it quick and easy to sort conflicts.
Seller Performance-based Rating
We implement a performance-based analytics algorithm to evaluate the performance of sellers, making it so that as the performance of a seller grows, the corresponding hold period on the funds decreases. This mechanism creates a trusted environment, encouraging sellers to perform better over time and increasing buyer confidence. In the best-case scenario, a top seller will see its hold time eliminated, obtaining the funds immediately.
Decentralized Token with Index Value
UTRUST is not only a payment platform. We will issue our own crypto-currency – the UTRUST token (UTK). You can buy/sell/ send/receive your UTK in the platform, convert it to fiat, other crypto, or simply keep safe in your wallet and see its value grow in synergy with the platform. Transactions using the UTRUST token will be converted internally and benefit of zero exchange fee.
UTRUST collected $2 million in Private Investors round. They have also had a successful pre-ICO where they have sold out $1.5 million in just 90 minutes.

UTRUST reviews

Luca Cotta
Icodriver...expert launching ICOs, Influencer, IT expert.
Rated on Oct 26, 2017
4
3
3
7%
Farabi Shayor
Marketing Professional | VR Research Lead | Cryptocurrency Specialist
Rated on Nov 15, 2017
5
4
5
4%
Vasily Sumanov
ICO advisor, Economy researcher
Rated on Oct 4, 2017
4
4
5
5%
Maxim Kiselev
Investment banking and Compliance professional. Cryptocurrency enthusiast.
Rated on Oct 6, 2017
4
5
4
2%
Douglas Lyons
Board Advisor- Early Adoption and Strategic Partnerships
Rated on Nov 13, 2017
5
5
5
7%
Alexander Popescu
Blockchain investor
Rated on Oct 9, 2017
3
2
4
2%
Berkay Alp
ICO Analyzer
Rated on Oct 18, 2017
4
4
4
4%
Anton Makarov
Risk management specialist & Investor
Rated on Oct 20, 2017
5
5
5
3%
Hung Chih (Jason Hung)
Serial Entrepreneur | Investor Meetup | ICO advisor | China Market | Exchange
Rated on Oct 22, 2017
5
3
4
7%
Michael Kaiser
Crypto-Expert, Advisor, CEO
Rated on Oct 23, 2017
3
3
3
1%
Marc Camarasa
Experienced CFO - Tech companies Advisor - Investor
Rated on Oct 23, 2017
4
4
4
0%
Pramod Emjay
Investor
Rated on Oct 24, 2017
5
4
4
1%
Vladimir Grinevsky
Professional in Marketing and Strategy planning
Rated on Oct 25, 2017
4
3
3
2%
Helen Moskina
Portfolio Manager
Rated on Oct 25, 2017
4
4
4
2%
Owen Haggith-Khonje
Investment Analyst & Crypto Enthusiast
Rated on Oct 26, 2017
3
4
2
3%
Bob Haya
Investor 30 yrs crypto enthusiastic 5 yrs
Rated on Oct 28, 2017
4
5
4
3%
Gerard Paul S. Netro
Blockchain Entrepreneur & ICO Expert
Rated on Oct 31, 2017
5
5
5
1%
Joao Reis
Investor
Rated on Nov 11, 2017
5
4
5
3%
Steven Costa Martins
Blockchain and ICO investor/advisor ★ Fintech ★ Technologist
Rated on Apr 17, 2018
5
5
5
7%

Great idea, they are trying to create the PayPal of Crypto by powering the purchase risk when using crypto to buy services or products.

Great team and so far good communication from them.

PlumBot
ICO Analyzer Bot
Rated on Sep 2, 2018
0
0
0
33%


Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

UTRUST ICO price

Price in ICO

1 UTK = 0.065 USD

UTRUST (UTK) crypto

UTRUST coin

UTRUST token
UTK
UTRUST type
ERC20
UTRUST platform

UTRUST (UTK) value

Tokens for sale
500000000

UTRUST market cap

UTRUST market capitalization
$ 20000000

UTRUST investment info

Accepting
Min. investment
0.2 ETH or 0.02 BTC
Distributed in ICO
60%
Hard cap
21,000,000 USD

UTRUST whitepaper

UTRUST team

Apply as an advisor

Nuno Correia

CEO

Filipe Castro

CIO

Artur Goulão

CTO

UTRUST milestones

1
28th Aug 2017

WePower idea

2
Q1 2019

WePower idea

3
Q2 2018

WePower idea

4
Q3 2018

WePower idea

5
Q4 2018

WePower idea

6
Sep 2017

WePower idea

ICOs that might interest you

Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, ...

Aug 8, 2017
Platform
3.7

Sola is the next-gen decentralized social platform governed by users.

Nov 27, 2017

Jibrel allows anyone to digitize, list, trade and sell traditional assets, such as currencies, bo...

Nov 27, 2017

Theta is a decentralized video delivery network, powered by users and an innovative new blockchain.

Jan 8, 2018