Hi @bitbrain, I read the WP, still not convinced UTK tokens can accrue any value long term, the buy back mechanism might help but ts terms are quite vague.
And there is this:
The planned UTRUST platform first needs to be analyzed by the Swiss Regulator (FINMA3). The UTRUST platform will only then be operational if and when its status is clarified by FINMA and FINMA has granted either a no-action letter or a license.
Therefore,the above described function of the UTK as a means of payment on the 3FINMA -Swiss Financial Market Supervisory Authority-https://www.finma.ch/en/
21UTRUST platform will at the earliest be activated from the moment of clarified regulatory status onwards.
Hi @bitbrain, I read the WP, still not convinced UTK tokens can accrue any value long term, the buy back mechanism might help but ts terms are quite vague.
And there is this:
Has the project communicated about it?