Links
Blog (not available)
Telegram (not available)
Overview
ICO Opening Date
Oct 9th, 2017
ICO Closing Date
Nov 20th, 2017
Country of Origin
Switzerland
Description
UTRUST is a payment platform that empowers buyers to pay with cryptocurrencies while providing a groundbreaking purchase protection mechanism.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. They 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, they aim to build the payment API for marketplace integration that will become the crypto-contender to PayPal.
Technology
Blockchain Platform
Ethereum
Team
Members
Nuno Correia - CEO
Filipe Castro - CIO
Artur Goulão - CTO
Roberto Machado - CPO
Luís Ferreira - Head of Engineering
Laura Esteves - Head of Operations
João Ferreira - Head of Design
Nick Olender - Head of Sales & Partners
Disclosure: This page is created to provide market intelligence. This is not investment advice and does not constitute any solicitation or endorsement of any investment. Any investment you make is done at your own risk and at your full and absolute discretion.
Utrust News
July 12th, 2019
Litecoin Foundation and American football team the Miami Dolphins teamed up to usher in cryptocurrency payments. The partnership will start during NFL season, where the Dolphins will accept Litecoin (LTC) as their “official cryptocurrency.”
June 6th, 2019
Football giant Benfica is starting to accept crypto payments. Now you can use Bitcoin, Ethereum or UTK token to buy match tickets and club merchandise.
June 5th, 2019
Leading cryptocurrency solution provider UTRUST have partnered with Portuguese Primeira Liga Football champions S.L Benfica. The partnership will allow supporters to purchase tickets and merchandise directly from the Benfica website using cryptocurrency.
September 21st, 2018
Cryptocurrency payment solution UTRUST has announced that it has secured a partnership with Ethereum Classic Dev Team, signing a Memorandum of Understanding (MoU).
July 25th, 2018
UTRUST is a revolutionary payment platform that empowers buyers providing a groundbreaking purchase protection mechanism.
By Teuta Franjkovic on August 12th, 2019 KakaoTalk, a South Korean instant messaging application, is the newest member of the crypto-community as it is set to launch its native cryptocurrency wallet Klip later this year that will support Klaytn’s cryptocurrency Klay.
August 7th, 2019
Kik kicked back at the SEC lawsuit that claims a $100 million ICO was illegal. The company behind Kik Messenger filed a response in U.S. District Court for the Southern District of New York, alleging that the SEC is “twisting” the facts about its token.
Crypto loans firm Nexo said they will accept the Gram ICO token from Telegram as collateral allowing customers to use the tokens as backing for its instant credit lines and planned credit card.
Security Token Offerings were believed by many to be supposed messiah for the Crypto space and the harbinger of adoption in traditional finance outlets. They were the next revolutionary step in Blockchain-based fundraising, and who could blame them?
Telegram’s unreleased Gram tokens are set for sale to the public at a price three times of its private placement. Still, the source from Telegram says they’ve never heard of Gram Asia.
Ethereum co-founder’s Polkadot blockchain interoperability project has closed its private sale to fund its development claiming a $1.2 billion valuation. Analysts think that it might not have raised the targeted $60 million from that sale.
With a view to ensuring fairness and transparency, Algorand has conducted its token sale in the format of a Dutch Auction raising over $60 million.
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