After A 90 Minute Wipe Out During Pre-Sale, UTRUST Announced Upgraded ICO Launch Plan

The ICO for the UTRUST Platform is set to start on November 2nd 2017 at 2:00 pm UTC.  One of the few of its kind, UTRUST will allow U.S citizens to participate in the event provided they are accredited investors. A recent announcement reads:

“U.S. investors can buy tokens on a first come, first serve basis. Additionally, U.S. investors will be subject to a 12-month vesting period during which tokens can neither be withdrawn nor sold.”

The fundraising campaign will allow participants to become part of the first blockchain-based payment platform with a disruptive escrow and dispute resolution system, giving them access to the platform without fees. Tokens are to be made available for purchase using Bitcoin or Ethereum.  The price is set for approximately  $ 0.07 per token. More details are available at UTRUST – ICO.

Following the  token pre-sale in August which sold out in just 90 minutes, gathering 1.5 million dollars, the UTRUST ICO was postponed to the 2nd of November. These changes are in response to recent regulatory changes regarding ICO projects. In a recent blog post, the UTRUST team stated:

“UTRUST remains fully committed to adhere to all rules and regulations by entities such as the Swiss Financial Market Supervisory Authority (FINMA) in order to assure a legally compliant, and future-proof platform…”  – Nuno Correia, CEO of UTRUST

UTRUST is a project that aims to eliminate the potential for mistrust between sellers and buyers  when cryptocurrency is involved. Often times, a seller is only aware of cryptocurrencies  like Bitcoin and Ethereum because of the negative news they have heard or seen which may cause the sellers to feel uneasy about accepting crypto in exchange for their offered goods and services.

On the other end of the spectrum, there are thousands of willing, paying customers who prefer using Bitcoin, Ethereum, Litecoin and other cryptocoins but it is a challenge to shop with crypto because of limited merchant acceptance. Shoppers also may be skeptical of vendors who accept coin because payments made with Bitcoin and similar cryptocurrencies have no protection at all for the person sending the payment. Once it is sent, the transaction is permanent and without recourse in the event of a deal gone bad

UTRUST offers a simple solution acting as a mediator for the transaction, similar to an escrow service.  By utilizing a clever crypto payment protection mechanism, both the seller and the buyer are relieved of liability.

UTRUST creates a flexibility that has not been possible until now. UTRUST users can shop with their favorite crypto and the merchant gets paid according to their preference too, even if they desire traditional fiat currencies. The UTRUST Whitepaper reads:

“This is a game-changer that we know can change how merchants and buyers use cryptocurrencies and we believe that the only missing link is a platform of mediation and trust. The UTRUST platform.”

Visit: https://utrust.io
Read the UTRUST Whitepaper Here.
Participate In UTRUST ICO Here.

Contact Name: Nuno Correia (CEO)
Contact Email: nuno@utrust.io
Contact Phone: +41 22 518 70 77
Location: Zug, Switzerland

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The Tell: Should your portfolio include bitcoin? Yes, but just a 2% position, says analyst

In an optimum portfolio, bitcoin’s volatility offsets its high returns, analyst arguesAnyone looking at the astronomical rise in the price of bitcoin over recent years may be wishing they had allocating a hefty portion of their money to the red-hot digital currency, so that they could now be reaping a position worth millions.
Source: Marketwatch Bitcoin News
Link: The Tell: Should your portfolio include bitcoin? Yes, but just a 2% position, says analyst

Moya Network to Bring Internet to the Next Billion People

Bitcoin Press Release: Moya Networks will bring Internet to a billion people in developing countries.

October 26th, 2017, South Africa – By 2018, Moya Networks aims to have the Africa Coast to Europe Submarine (ACE) fully functioning and providing affordable internet services to the next billion people: Africans in rural areas.

They have also launched an early token sale, which will offer their MTK tokens at a 40% bonus.

The presale started October 11th, and will continue until the main MTK token sale starts on November 1st. In the main sale, the tokens will be available at 1000 MTK per ETH. Once the sale is over, no further tokens will be created.

Token holders will be entitled to 20% of Moya’s profit annually, based on how many tokens each holder owns. Money will be made via Moya’s Tier 1 capacity they seek to obtain, which they will then resell at competitive rates for homeowners, businesses, governments, and schools

Proceeds from the sales will be used to purchase the ACE submarine cable, necessary to get materials into Africa.

Moya Networks is looking to launch the service sometime in Q2 of 2018, with internet capacity and network testing to occur in the 1st half of 2018.

Website: https://moyanetworks.com/
Whitepaper: https://app.box.com/s/gojspns4vru0jtmf9oicnsm61uvbzwlr
Bitcointalk: https://bitcointalk.org/index.php?topic=2235512.new#new
Social: https://www.youtube.com/channel/UCNqa5s0VWK_21Jd8X3YUh1A
Other: https://token-sale.moyanetworks.com/
Learn more about MoyaNetworks athttps://moyanetworks.com/

Media Contact
Contact Name: Carrington Phillips
Contact Email: cfp@moyanetworks.com
Location: South Africa

Moya Networks is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

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Link: Moya Network to Bring Internet to the Next Billion People

UTRUST Blockchain Payments Platform Raises Profile in Global Conferences, Targets 2.5 Billion Unbanked

Bitcoin Press Release: UTRUST will embark on a global awareness campaign that will see the company participating in major blockchain conferences across three continents. UTRUST’s blockchain-based platform will launch through an ICO on November 2nd 2017 (2pm UTC), as it works to bridge cryptocurrency payments with 2.5 billion unbanked people and merchants.

October 20, 2017, Zug, Switzerland: It is estimated that 2.5 billion people still do not have access to the global financial system. Their digital inclusion is predicted to boost the GDP of emerging economies by $3.7 trillion by 2025, buoyed by some 95 million jobs created as a result of blockchain revolution in unbanked countries. UTRUST seeks to capitalize on the boom of developed markets while leveraging the potential of emerging ones.

In view of this, UTRUST will commence on an awareness campaign that hopes to advocate for its innovative platform and raise its profile as a pioneer in blockchain solutions for the unbanked. So far, it has confirmed its participation in a series of nine key blockchain conferences scheduled to take place over the remainder of the year:

Blockchain Economic Forum 2017 – October 31 to November 1, New York, USA
Web Summit 2017 – November 6 to 9, Lisbon, Portugal
Blockchain & Cryptocurrency Conference– November 11, Tokyo, Japan
Switzerland Wealth Innovation Tour
– November 15, Zug, Switzerland
Blockchain Summit – November 22, Zug, Switzerland
Blockchain Summit London Olympia
– November 28, London, UK
Blockshow Asia – November 29 and 30, Singapore
Cryptocurrency World Expo – December 1 and 2, Warsaw, Poland

UTRUST believes these conferences are opportunities to strike up new, relevant partnerships in the areas of cryptocurrency development and financial technology, harmonizing multiple efforts to bring blockchain’s disruptive technology to digital payments and emerging markets.

Recognizing the global trends of cryptocurrency regulation and pre-empting the impending need for a standardized KYC/AML for regulated exchanges, UTRUST remains committed to fulfilling all necessary requirements that would result in a solution that is legally compliant and future-proof.

UTRUST continues to make progress on legal recognition and legitimization in Switzerland, following its initial step of getting incorporation as a GmbH (Swiss equivalent of a limited liability company). An announcement will be made in the near future regarding the first steps of UTRUST’s AML/KYC onboarding.

About UTRUST

UTRUST is the world’s first cryptocurrency payments platform to implement consumer protections on a mass scale. The company is building a global PayPal–like payments platform with extensive cryptocurrency support.

UTRUST’s end goal is to provide all the benefits of fast, secure, convenient, and inexpensive cryptocurrency transactions, in tandem with the world’s first cryptocurrency payment protections, which consumers need to fully embrace blockchain technology en masse.

With 2.5 billion unbanked people in Emerging Markets yet to benefit from financial inclusion, UTRUST is also planning to build the bridge to enable the unbanked worldwide to access the mainstream global financial system.

UTRUST ICO and Tokens

UTRUST’s public ICO will be held on November 2nd. The company will use the collected funds to establish key industry partnerships and to develop the world’s first PayPal-like cryptocurrency payments platform. The ERC20 compatible tokens are created over the Ethereum protocol, and can be used as a means of payment on UTRUST’s payment gateway along with other cryptocurrencies.

UTRUST’s token can be used for making zero fee payments to the thousands of merchants accepting any cryptocurrency via UTRUST, and be traded against other currencies on supported exchange platforms.

UTRUST will allocate a certain portion of the revenues to buyback and destroy the tokens in circulation. Being a deflationary currency by design, the demand for UTRUST tokens will increase with time, which combined with buyback should lead to appreciation in its market value.

To learn more about UTRUST’s ICO please go to: https://utrust.io/ico

The Team

UTRUST is backed by a highly experienced team from various sectors including corporate management, startups, payments, cryptocurrency development, law, finance, and computer science. Some of the prominent members of the team include:

Nuno Correia, CEO

Nuno Correia is an early cryptocurrency investor who has been involved in the cryptomarkets since the beginning of 2011. Having founded multiple B2C businesses in the past, Correia has a background in Law and Marketing, and his passion lies in transforming the future of digital payments.

Filipe Castro, CIO

Filipe Castro holds a business degree from MSENG and is passionate about disruptive technologies. He has experience developing electronic payment systems and other software solutions during the early days of his career. Castro is engaged in business development and strategic development of new ventures.

Artur Goulão, CTO

Artur Goulão comes with previous experience in the payments industry. He has previously donned the role of a CTO in one of leading digital payment platform and is currently serving as the Head of Development at a Swiss-based Cybersecurity company. With a background in computer science from IST and MIT, Goulão is well-acquainted with both classical and blockchain smart contract based approach.

Roberto Machado, CPO

Founder and Product Manager at several startups prior to UTRUST, he has been leading different teams to build highly-reliable software products, with a focus on the end user experience. Previously, he has worked together with major international companies such as AT&T, Betfair, Airtel, and Uphold, being responsible for the vision outline, goals and product strategy of solutions used by millions of users.

Other significant team members include Luis Ferreira as Head of Engineering; Laura Esteves as Head of Operations; Joao Ferreira as Head of Design; Nick Olender as Head of Sales and Partnerships; and Francisco Baila as Product Designer. UTRUST has a team of software engineers like Miguel Palhas, Gabriel Poca, Ronaldo Sousa, Fernando Mendes, Bruno Azevedo, Pedro Costa, and Joao Justo.

UTRUST’s diverse advisory team includes Francisco Maia, Francisco Cruz, Joao Paulo, Sergio Viana, Marc Howland, David Dryan, Daniel Pierce and Sascha Benz.

 Learn more about UTRUST: https://utrust.io
Read the UTRUST Whitepaper: https://s3-eu-west-1.amazonaws.com/utrust/UTRUST-whitepaper-v1.0.1.pdf
Visit UTRUST on bitcointalk: https://bitcointalk.org/index.php?topic=2078433.0
Learn more about UTRUST’s ICO: https://utrust.io/ico
Follow UTRUST on Twitter: https://twitter.com/UTRUST_Official
Join UTRUST on Facebook: https://www.facebook.com/utrust.io/
Join the UTRUST Slack conversation: https://utrust-official.slack.com/
Join UTRUST on Telegram at: https://t.me/utrustofficial
Read UTRUST’s posts on Medium: https://medium.com/@UTRUST

Media Contact

Contact Name: Nuno Correia, UTRUST CEO
Contact Email: nuno@utrust.io
Contact Phone: +41 22 518 70 77
Location: Zug, Switzerland

Watch UTRUST‘s new video here:

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Financial Solutions Startup Etherecash Announces ICO To Change The Way We Lend, Send and Spend

Bitcoin Press Release: Financial Solutions startup Etherecash has announced its blockchain-backed financial platform. Etherecash Pre-ICO set to launch October 25th, 2017.

Oct 25, 2017, – Financial services startup Ethercash has proudly announced its Pre-ICO Campaign, which will raise funds to develop its blockchain-backed financial platform. The Ethercash platform aims to revolutionise three core functions of finance to bring greater transparency and security in the way we lend, send and spend. The Etherecash platform will allow its users to leverage their cryptocurrency holdings to acquire fiat currency loans without the need for credit history, through the application of lawyer-backed smart contracts. The Etherecash Pre-ICO campaign will run from October 25th, 2017 until November 7th, 2017 and ICO campaign will begin November 15th, 2017 and finish on  December 19th, 2017.

In the modern world there are over 2.5 billion unbanked people, with no access to basic financial services resulting in exclusion. In addition, current financial systems tend to be rigid with complex lengthy systems and often unfair criteria that prevent us from getting a loan. Etherecash’s mission is to solve this problem by offering these individuals the chance to acquire fiat currency loans, based on the strength of their cryptocurrency portfolio. Etherecash aims to totally disrupt the financial services industry by introducing its decentralized, transparent lending platform, which is driven by safe, lawyer-backer smart contracts.

CEO, Jacky Thanh explains the core focus of Etherecash is

To bridge the gap between those with access to finance and those without, eliminating borders, intermediaries and prejudices.”

The financial solutions platform processes three core functions to revolutionise how we transact. Through the implementation of its lawyer-backed ethereum smart contracts, Etherecash can provide its users with a more secure and affordable way for individuals from all backgrounds to have access to flexible loans and competitive terms that meets their needs.

The Etheresash platform offers the user a global peer-to-peer cryptocurrency-lending platform which lenders and borrowers can connect with one another to conveniently exchange fiat currency for profits. Those taking out a loan have the freedom to choose all the factors surrounding the loan, such as the type of loan, duration, and amount.

Both lenders and borrowers can select mutually beneficial terms when creating the contractual agreement, which is later secured by the professional lawyer-backed smart contracts.

The platform benefits all users but is certainly most beneficial to borrowers holding cryptocurrency, who would otherwise find it difficult to acquire a loan through the traditional sources. All loans are border free and borrowers are not judged on any additional criteria, other than the value of their cryptocurrency holdings.

Etherecash is a great option for crypto-enthusiasts to gain safe, secure fiat currency loans, based on their cryptocurrency holdings. For most of us Cryptocurrency is a high risk, yet high-return investment of sorts, and for this reason, most holders of cryptocurrencies do not want to be forced to liquidate their holding for day to day expenses or when they need a short term loan.

Although it is becoming easier to spend cryptocurrency, most options still include the task of converting altcoins into bitcoin which is then usually sold online. Ethercash tackles the problem of remittance with the introduction of its multi-cryptocurrency debit card. The multi-crypto debit card offers fast, global payments with a low, streamlined fee structure. The card works as any standard debit card would, with a full application for online purchases and ATM withdrawals.

Etherecash comes from a highly experienced team of blockchain experts, with over 50 years experience between them. Together they have designed an ecosystem that has the potential to offer a better future for billions of people across the globe. The lawyer-backed smart contracts and blockchain technology provide total security, transparency, affordability, and convenience for the users of the multi-currency lending platform. From the billions of unbanked individuals to cryptocurrency lenders, to the everyday user, Etherecash offers financial solutions, and a better tomorrow.

Meet the team

Etherecash CEO Jacky Thanh

Etherecash CEO and Founder of Pro-Life Global, has over 20 years of experience in US Stock exchange and over 18 years of experience in export and import. As the Head of Chinese Organisation trade, he currently runs PROLIFE GLOBAL, which is a multi billion business helping cure more than 108 worldwide illnesses.

COO Miguel Aguirre

Former CEO and COO of many global scale operations, Miguel Aguirre has over 18 years of international experience managing multicultural teams in the United States, Spain, India and Brazil. With a background in engineering, a passion for innovation and a proven history to deliver global scale projects.

Etherecash ICO Campaign

Etherecash will create a total of 360 million tokens (ECH), 144 million of which, will be available throughout the course of the ICO campaign. The Etherecash ICO Campaign will be broken up into a Pre-ICO and a main ICO. The Pre-ICO will run from October 25th, 2017 at 2.30pm (GMT+2), until November 7th, 2017, and the main ICO will run from November 15th, 2017 to December 19th, 2017. The ICO campaign will have a soft cap target of $15 million (35 million tokens) and a hard cap of $100 million.

Pre-ICO Bonus

October 25th – 25%
October 26th to 31st – 22%
November 1st to 7th – 20%

Main ICO Bonus

15th November – 15%
Week One – 12%
Week Two – 10%
Week Three – 5%
Week Four – 3%
Week Five – 0%

About Etherecash

Etherecash is a three prong financial platform enabling peer to peer lending, global money transfer and a crypto debit card, which allows it’s users to maximise the potential of their assets and leverage cryptocurrency to secure fiat loans. The platform uses lawyer-backed smart contracts and blockchain technology to offer full transparency and security for its users. The Etherecash platform is a complete ecosystem to bring speed, security and reliability in the way we lend, send and spend.

 
Etherecash Official websitehttp://etherecash.io
Youtube Video by Etherecash COO Miguel Seoanehttps://www.youtube.com/watch?v=urqek6AUzdM&feature=youtu.be
Find on Facebookhttps://www.facebook.com/Etherecash-1875597305787865/
Follow on Twitterhttps://twitter.com/Etherecash1
Google plushttps://plus.google.com/u/1/105307012881383936970
YouTube Video: https://www.youtube.com/watch?v=dUP9B2UhTUg

Etherecash is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

About Bitcoin PR Buzz 

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech startups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

 

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