UTRUST-CHANGING THE CURRENT ONLINE PAYMENT SYSTEM
Utrust project is built with great passion to change the current online payment system system which is still very unfriendly with its users. This great passion appears to make online payments with cryptocurrency systems can compete with PayPal which currently still dominates the online payment system in the world.
We know now the development of the digital age increasingly trend since the existence of payment transactions via via online, but each payment has a security system to prevent theft by irresponsible person.
For that UTRUST is the best solution for your future to conduct online payment transactions.
The payment system that Utrust will develop will be faster than the existing online payment system, and Utrust is developed to protect buyers from any of their online transactions, meaning buyers using the Utrust platform will not be worried about all forms of fraud, the developer Utrust will continue to develop a completely secure system, not just for buyers but also for sellers.
What is UTRUST?
UTRUST is a revolutionary payment platform that allows buyers to use their favorite cryptocurrency to pay for sellers (private merchants or merchants). We provide sellers with security and convenience to receive funds in paper currency, and offer consumers the best consumer protection, by acting as a trusted mediator. We combine the best payment protection features of the current generation fiat system with innovative features from blockchain and blend unique features provided by our own token.
Aim of Utrust
The UTRUST Platform aims to provide the consumer protection buyers take for granted in traditional online purchases, acting as a mediator, resolver of conflicts, enabling the possibility of refunds to mitigate fraud, while shielding the merchant from crypto-market volatility. We want to build upon the best features of cryptocurrencies, enabling fast transactions, lower fees and low cross-border transaction friction, enabling merchants to sell to a growing worldwide audience of crypto-holders. In sum, we aim to build the payment API for marketplace integration that will become the crypto-contender to PayPal.
The Utrust project is a long-term project, so every feature that will be in Utrust will continue to be developed, and if there are any shortcomings it will be improved to make Utrust the perfect platform.
The Utrust team really has a strong ambition to make their project successful and growing, so with that they need funding for their project developers, Utrust team offers to the public to engage in their project funding by holding ICO.
Features of Utrust
This feature include building a next generation payment gateways that allow shoppers to give their favorite cryptocurrency users to buy goods and services with confidence from merchants, combining protection and dispute like a tough PayPal.
Utrust also wants to encourage API adoption by traders by giving them a way to receive directly in paper currency from buyers of crypto currency, protecting traders from market volatility and reducing the risk of receiving crypto currency.
The Utrust platform will continue to be developed to reduce the number of frauds in any existing online transactions, and the Utrust platform will provide convenience to sellers and buyers as they will be happy to transact on the Utrust platform.
The initial pre-ICO target will be opened on August 23, 2017, 16:00 GMT, followed by the initial opening of ICO on September 1, 2017, 16:00 GMT and a period of 15 days, or until all the evidence is published, whichever comes first . The crowdsale maximum limit is set at $ 50 MM (fifty million), with the contribution token received at BTC and ETH. The total pool is set at 1,000,000,000 (1 billion) tokens, and will be segmented in 7 regular ICO rounds with a total of 70% pool, preceded by 5% pre-ICO sales and with 10% already allocated to private investors. Overall, all publicly available rounds will amount to 75% of the total printed proof.
The pre-ICO round will target a unit price of $ 0.03 (three cents) per token with a 5% token pool distribution. Furthermore, the ICO Round will follow a 10% distribution, with unit price per token starting at $ 0.04 (four cents) and rising on average $ 0.01 (1 cent) per round. Regarding the remaining 15% token, 10% will be detained by UTRUST, diluted 2% per year, within the next 5 years to support future project steering. The last 5% will be allocated for marketing and bounties.
The values and percentages are more detailed in the table below :
Allocation of Fund, Post-ICO
Below are the links to Utrust
- official Website : https://utrust.io/
- Facebok : https://www.facebook.com/utrust.io/
- Twitter : https://twitter.com/UTRUST_Official
- Slack : https://utrust-official.slack.com/join/shared_invite/MjMyNDc2MzQ3NTg3LTE1MDM5MTU1NTYtNjA2MjEwYjA0Ng
- Whitepaper : https://utrust.io/#whitepaper
my bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1048662
My Youtube channel: https://www.youtube.com/channel/UCoKb8l6T6TN3dk9_9CvTnvw