What is UTRUST
UTRUST ICO Starts Today! For the first time in cryptocurrency history, users will be able to join the first ever blockchain-powered payment platform with a built-in escrow and dispute resolution service! The UTK token will allow project supporters to use the platform with no fees! The ingenious platform has brought investors to the table already and UTRUST has completely sold out the private investor and pre-ICO sales, raising $3.5 mln.
"UTRUST is the first cryptocurrency payment solution in the world that provides buyers with a purchase protection mechanism. The next-gen version of PayPal is blockchain-based and designed to make online payments safer, faster and cheaper.’’
UTRUST, the first-of-its-kind Blockchain based payment platform, intends to bring the best parts of PayPal-type services and the best parts of the cryptocurrency world together into a single, seamless platform
Although the use of disruptive technologies like DAOs or decentralized escrows is an interesting idea, these are simply not ready for mainstream use. The UTRUST platform will focus instead on bringing its vision to life with a business-oriented model. As so, part of the profits generated by the platform is kept by the UTRUST company and used to further advance and market the platform.