Utrust Crypto Coin Rank 191
Website
White Paper
450,000,000 UTK
Buy / Sell
Get Wallet
Today
Utrust price in US dollars is currently
0.0412
USD, and if converted to
Bitcoin is
0.00000445
BTC. A total of
450,000,000 UTK are currently circulating in the Market. Utrust price is currently experiencing a change of
6.08 %, and check here
all cryptocurrency. Over the past 24 hours
0.036 M US dollars Utrust have been traded on
Crypto Exchanges. Get Utrust's progress by adding it to your
favourites and creating a free
portfolio.
Total Coins Mined
450,000,000 UTK
ICO Status
Utrust ICO Details
Fund Raised (BTC)
21,375,000 USD
Fund Raised (USD)
21375000
Security Audit Company
N/A
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.
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