Here is a new but insightful review of Utrust that raises a number of concerns about the project that I think are well worth taking into account before investing in the ICO:
https://crushcrypto.com/analysis-of-utrust/?awt_l=GNUg5&awt_m=hUWLWOaJ1r561PI We've seen a lot of hype in this project (justified or not, I'm still unsure), but I've had some stellar and less than stellar experiences with ICOs in recent times, and what I've learnt is that it always helps to stay rational.
What do you guys think about the concerns raised in the above article?
Thank you for the link, I really appreciate sharing of these reviews!
I think the article makes some interesting points. I don't read any evaluation of the team members, it looks like they don't have the same concerns as other reviewers about the team. About this market being competitive, I do agree. They claim the online payments market is large with huge potential. If UTRUST can be successful, they have the potential to process billions of dollar of transactions a year.
Their conclusion is that (from what I understand) on the short term, the price of the tokens will probably drop so you wont make a huge profit and they are neutral about long term holding.
Thank you for the link! The concerns raised in this article are pretty serious, indeed.
About the milestones of the project, in the article it says that the platform test with merchants gonna happen in the Q2 2018, but I heard that they're planning to test the platform in the beginning of 2018. Do you guys know smth about it? I'd prefer the platform to be tested as soon as possible...