 | WeTrust (TRST)ICO A decentralized collaborative savings and insurance platform. It is eliminating the need of a “trusted third party”, which allows for lower fees, improved incentive structures and a greater amount of capital to reside among the participants IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenTechnical details
Will be powered by smart contracts and blockchain technology.
What is WeTrust
- Will allow users to form and manage their own digital Rotating and Saving Credit Association platform (ROSCAs) on the Ethereum blockchain - Will reward users for recruiting new members, managing ROSCAs, or performing other services on the WeTrust platform (70% of fees are distributed back to users) - Decentralized: enables elimination of reliance on payment processors, reduces costs associated with fees and bureaucracy, and protects against fraud - Autonomous: transactions provided by Smart contracts - Frictionless: system designed the way that customers do not even know they are running on blockchain technology (Mobile App) - Lower fee: 0.1 to 5% transaction fee - Users will be incentivized to use their real world identities
DetailsPublic sales: Feb 28, 2017 - Apr 13, 2017Raised: 4,978,366 USD LegalRegistration country: United States | Token infoTicker: TRSTToken price in USD: 1 TRST = 0.063 USD Accepted currencies: BTC Token distribution: 100 Million Trustcoins (TRST) will be issued once the crowdsale is concluded. Of the 100 Million Trustcoins: - 80 Million Trustcoins will be sold to the token sale participants - 10 Million Trustcoins will be kept for the founding team - 8 Million Trustcoins will be used to future expenses, marketing, additional team members - 2 Million Trustcoins will be used for token sale bounties A minimum threshold: 1,500 BTC. Max cap: 12,000 BTC. |
WeTrust Roadmap
Whitepaper published
Website launched
ROSCA MVP with basic functions
Intermediate ROSCA (additional tokens, dashboard)
Advanced ROSCA and Credit Profile
Project team
Social media
