IСО Rеviеw - Обзоры IСО

Russian (Русская версия обзора по ссылке ниже):

http://telegra.ph/Obzor-ICO-UTRUST-11-01

UTRUST (#utrust ):

Web: https://utrust.io/

Telegram: @utrustofficial

Whitepaper: Read

Token: UTK (1 UTK = 0,065$)

HardCap: 49 Million USD

Total Token Supply: 1 Billion UTK

ICO Date: 2 November – 9 November

Overview:

Although the crypto currency is becoming more popular in the modern world, its acceptance as a payment tool for everyday consumer needs remains low. The UTRUST project associates this with the lack of ease of use and insufficient protection of payments that the consumer is waiting for, continuing to use established payment solutions (PayPal and others). UTRUST want to solve a major problem in crypto payments - buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesn’t exist as working project for now. It should be easy to use by merchants and private sellers alike.

The UTRUST project plans to implement the functionality of traditional payment systems, but with full integration of cryptocurrency. This means that the platform UTRUST will be able to accept from the user a cryptocurrency, and the counterparty will receive fiat money, as well as cryptocurrency if the legal field allows the seller to accept it and he wants to get paid with it. With this system UTRUST acts as guarantor of all transactions passing through it, it will ensure the reliability and trust of all participants. At the initial stage, the UTRUST platform identifies several key advantages that no one can offer at the moment: - The user makes payments with any cryptocurrency, while the seller of the goods or services receives a fiat money on his account, fee is only 1% for seller.

- The UTK token will function within the system, with the use of which the fee for transactions equal zero (so far no one in the market can offer it); - Technical implementation of the service allows to provide maximum protection for all participants.

- Fluctuation Protection - UTRUST provide a transparent conversion preview of rates.

- No chargebacks (common occurrence in traditional payment services that still rely on stolen credit cards, or where you can trick on seller and get a refund)

UTRUST platform have Dispute Mode (escalation to mediator) if something goes wrong. In the 3-party resolution mode, the UTRUST mediator acts as a conflict mediator between both parties assuring a fair resolution scenario. All sides enter the chat, where mediator decides in favor of buyer or seller, 2% resolution escalation fee applies and buyer receives a refund, or seller receives funds.

You can use the UTRUST token in the platform by spending it on merchants that support UTRUST or private buyer/seller transactions. You can also sell the token on open exchanges, privately, or just hodl it for future use.

In order to realize this ambitious project, and bring the MVP from concept to market, UTRUST project gathered large team of diverse experts, from mobile tech, digital payments, finance, crypto markets, UX and business worlds. Pre-Ico tokens has been Sold-Out in 90 minutes on August 28, collecting more than $ 1.5 million.

Team of UTRUST want to build upon the best features of cryptocurrencies to enable fast transactions, lower fees and low cross-border transaction friction, enabling merchants to sell to a growing worldwide audience of crypto-holders, helping to spread the word about new-age currency.