Utrust Rank 163
$0.840088
Utrust Rank 163
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450,000,000 UTK

Utrust
Utrust
UTK

Utrust Price
$0.84

Utrust 24h Vol
$159,494,525

Utrust Market Cap
$378,039,577

24h Vol
2,854 BTC
1 H
6.07 %
24 H
-10.17 %
7 d
68.72 %
Today Utrust price in US dollars is currently 0.8401 USD, and if converted to Bitcoin is 0.00001503 BTC. A total of 6,765 coin's are currently circulating in the Market. Utrust prices are currently experiencing a change of -10.17 %, check all cryptocurrency. Over the past 24 hours 1.595 M US dollars Utrust has been traded on Crypto Exchanges. Get Utrust's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Utrust
Symbol
UTK
Algorithm
ETH Token
BTC Price
0.00001503 BTC
BTC Market
6,765 BTC
BTC 24h Vol
2,854 BTC
Total Coins Mined
450,000,000 UTK
1h
6.07 %
24h
-10.17 %
7d
68.72 %
Twitter
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Description

Description


Utrust is a blockchain-based platform that combines elements from traditional payment systems with the advantages provided by cryptocurrencies. The platform allows users to buy items, digital or physical, with their favorite cryptocurrency or token while providing a consumer-protection system in which coins are held in escrow until the transaction is fully complete. In case of a conflict, the resolution is handled by Utrust.

The Utrust platform features its own Ethereum-based token, the UTK. The token provides multiple advantages, including a zero-fee system within the Utrust platform, which means that payments made with the UTK are free of charge. The token also runs on a buy-back & burn program in which part of the revenue generated by Utrust is allocated to the purchase of tokens that are then publicly destroyed, creating a deflationary currency.

 

ICO Details

ICO Details


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Utrust is a blockchain-based platform that combines elements from traditional payment systems with the advantages provided by cryptocurrencies. The platform allows users to buy items, digital or physical, with their favorite cryptocurrency or token while providing a consumer-protection system in which coins are held in escrow until the transaction is fully complete. In case of a conflict, the resolution is handled by Utrust.

The Utrust platform features its own Ethereum-based token, the UTK. The token provides multiple advantages, including a zero-fee system within the Utrust platform, which means that payments made with the UTK are free of charge. The token also runs on a buy-back & burn program in which part of the revenue generated by Utrust is allocated to the purchase of tokens that are then publicly destroyed, creating a deflationary currency.

Team:

  • Nuno Correia: CEO.
  • Filipe Castro: CIO. 
  • Artur Goulão: CTO. 
  • Roberto Machado: CPO. 

Utrust will be holding its ICO during October of 2017. The ICO token supply represents 70% of the total 1 Billion UTK supply. Users will be able to purchase tokens with BTC and ETH, at a fixed price of 0.065 USD. The ICO funding cap is $50M.

Token Reserve Split (30%):

  • 5% Pre-ICO,
  • 10% Private Investors;
  • 5% Marketing & Bounty;
  • 10% Retained by UTrust

The ICO campaign will feature Bounties and a Bonus campaign.

ICO Status Finished
Token Supply 1000000000
Start Date 2017-11-02
End Date 2017-11-20
Fund Raised (BTC) 21,375,000 USD
Fund Raised (USD) 21375000
Start Price (USD) 0.065
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction N/A
Legal Advisers N/A
Blog https://medium.com/@UTRUST_Official
White Paper https://utrust.io/#whitepaper

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