Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.
by
levyashin
on 27/10/2017, 18:51:54 UTC
It's 850Mil Token project, for me ICO prices those days look very expensive/overpriced calculated to profit creators not owners. I remember, investing 200$ in 2015 in NAV coin could bring you 70K profit in 2017 on peak, what I mean is Total Token supply of NAV was 61Mil and it took 3 years to reach 2$. For 200$ you could buy approx. 33K coins, that you could easy sell for 1$ = 33.000 $
now uTrust cost 0.065c and you need around 250.000 at least to have profit = 16.250$ this is just example how hard became to invest in crypto since cold calculated ISO took pace instead coins.

I strongly agree with you but here supply will decrease overtime because Utrust team will buy tokens from market and burn them, using a percentage of the platform's fees

It is %90 percent in 20 years actually. They will burn %90 of the tokens in 20 years. It's a very long-term but a good vision. At least they won't burn them all 19 years later, they will burn each year 50 million of it. First-year even market cap comes %5 negative your token price will be same.