WeTrust Rank 1125
$0.006089
WeTrust Rank 1125
Website Reddit Twitter
92,147,500 TRST

WeTrust
WeTrust
TRST

WeTrust Price
$0.01

WeTrust 24h Vol
$284

WeTrust Market Cap
$561,122

24h Vol
0 BTC
1 H
-0.03 %
24 H
-3.4 %
7 d
-6.33 %
Today WeTrust price in US dollars is currently 0.0061 USD, and if converted to Bitcoin is 0.00000066 BTC. A total of 61 coin's are currently circulating in the Market. WeTrust prices are currently experiencing a change of -3.4 %, check all cryptocurrency. Over the past 24 hours 0.000 M US dollars WeTrust has been traded on Crypto Exchanges. Get WeTrust's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
WeTrust
Symbol
TRST
Algorithm
ETH Token
BTC Price
0.00000066 BTC
BTC Market
61 BTC
BTC 24h Vol
0 BTC
Total Coins Mined
92,147,500 TRST
1h
-0.03 %
24h
-3.4 %
7d
-6.33 %
Twitter
Facebook
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Description

Description


WeTrust is a collaborative lending and insurance platform built on the blockchain created as an alternative to traditional finance and provide community based form of credit scores, insurance, and banking. The first product being built at WeTrust is a Rotating Savings and Credit Association (ROSCA) platform running on a decentralized blockchain, Ethereum. WeTrust ROSCA allows users to save and issue credit as a group, at self-determined and fair interest rates.

TrustCoin is an Ethereum-based token that is used to fuel operations within the WeTrust services, like its ROSCA platform and future products.

ICO Details

ICO Details


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Trustcoin (TRST) tokens are the currency for services performed by WeTrust as well as other service providers in the WeTrust ecosystem. The coin is a reward to any actor that facilitates trust and is paid by any actor that uses the Trust Network. Collateral used in any transaction will also be in the form of Trustcoin. The value of Trustcoin is derived from usage of the platform. There will be a total of 100 million tokens created, and there is no inflation. 1,791 participants raised a total of 80,092 ETH 1,048 BTC which was worth approximately $4,662,000 when the ICO ended on April 12, 2017.

Of the 100 million issued tokens, the distribution will look like this:

2 million to bounties, 8 million to future contingency, 10 million to founders, 80 million to funders.

Bonus structure:

1st Day 30%, 1st Week 25%, 2nd Week 20%, 3rd Week 15%, 4th Week 10%, 5th Week 5%, 6th Week 0%

Roadmap

 

ICO Status Finished
Token Supply 100000000
Start Date 2017-03-02
End Date 2017-04-12
Fund Raised (BTC) 80,092 ETH; 1,048 BTC
Fund Raised (USD) 4662000
Start Price (USD) 0.0582
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction U.S.A
Legal Advisers N/A
Blog https://blog.wetrust.io/?gi=e7eb90ff7f0c
White Paper https://github.com/WeTrustPlatform/documents/blob/master/WeTrustWhitePaper.pdf

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