Quote from: Canuck21 on November 09, 2017, 07:47:45 PM

Quote from: Iruwen on November 09, 2017, 07:22:02 PM

Quote from: Canuck21 on November 09, 2017, 02:39:26 PM

How the hell can you extend a 7 day ico by 10 days. Give me
a break. Everyone dump this scam coin immediately once it hits the exchange.
Oh sorry guys, we are greedy, and we need 10 more days to raise 4 more million for our lambos.

You do realize they kept the price per token and burned half the tokens, so they effectively reduced the hard cap by 50% right? This is very good for investors.

The new maximum ICO cap is set at $21.375 MM
https://s3-eu-west-1.amazonaws.com/utrust/whitepaper/en/UTRUST-whitepaper-en-2017-11-02.pdf page 26

You do realize they had to do that anyways, and not 500m token but 600m. Last time I checked that was a loss for current investors of 20%.

If they don't reach hardcap they will do what they were going to do today, burning more then 500+M tokens. Anyway they extended ICO and we can do nothing about that, so I'll just move on even if I don't like this. On the bright side, the good news is that they recognized that it was impossible to reach 1B cap and they halved tokens reserved for the team. Thumbs up for doing that