UTRUST, a payment system that has been dubbed a decentralized PayPal, is defying expectations with the launch of its ICO. In the first day of its initiation, the project was able to reach its soft cap target after reaching $10 million in total funds raised.
The milestone was reached on the first day of the ICOs launch, following a successful pre-ICO period where token sales were sold after only 90 minutes. Furthermore, the digital payments platform is set to reach another milestone of raising $49 million in financial leverage.
The ICO has likely benefited from contributions from US-based investors one of a only a few ICOs of its kind allowing limited participation from US citizens a possible explanation for its success given certain legal hoops Americans are forced to jump through.
https://www.coinspeaker.com/2017/11/11/cryptocurrency-payment-system-utrust-reaches-milestone-first-day-ico/