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Utemis

Ended
Ended: Jan 25, 2018

The UTEMIS cryptocurrency is transforming the entire Latin American continent into a single economic space: Conduct business in the entire Latin American continent as if it were one country, find new clients and suppliers and evaluate them by their reputation Save 99% of the current costs of conducting transactions and payments, no bureaucracy or waste of time and instant payment. Same as Chinese e-commerce giants, your purchases are 100% protected with UTEMIS escrow account, if something happens you get 100% of your money back. Trust and reputation are the fuel that drives business growth. By decentralizing their reputation on the Ethereum Blockchain, businesses that are honest will thrive, and those that are not will find themselves driven out from the system. And for the first time ever 100% of this outcome depends on them.

Bringing Latin American Businesses To The Blockchain Decentralizing And Giving Global Access To Small And Medium Sized Businesses

The Only Decentralized B2B E-Commerce

A reputation token for small businesses in Latin America.

Decentralised B2B e-commerce to transform the Latin American continent into one market

The UTEMIS cryptocurrency is transforming the entire Latin American continent into a single economic space: Conduct business in the entire Latin American continent as if it were one country, find new clients and suppliers and evaluate them by their reputation Save 99% of the current costs of conducting transactions and payments, no bureaucracy or waste of time and instant payment. Same as Chinese e-commerce giants, your purchases are 100% protected with UTEMIS escrow account, if something happens you get 100% of your money back. Trust and reputation are the fuel that drives business growth. By decentralizing their reputation on the Ethereum Blockchain, businesses that are honest will thrive, and those that are not will find themselves driven out from the system. And for the first time ever 100% of this outcome depends on them

Website

utemis.com

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ICO Details

Ticker Symbol:
UTS
Platform
Ethereum (ERC20)
Accepts:
ETH
Soft Cap:
22,500 ETH
Hard Cap:
132,500 ETH
Country:
Andorra
Total supply
200,000,000,000 UTS

Public Crowdsale

Ended
Date Sale:
Jan 8, 2018 — Jan 25, 2018 @ 17 days

ICO Overview

About Utemis There is a powerful reason for creating the UTEMIS cryptocurrency token; the restrictions on access to capital, inflation, devaluations, dysfunctional economic policies, unreasonably favored banks charging inordinate fees to their customers. The lives of ordinary citizens are daily witnesses of the important conflicts of interest between the regulators of Latin American fiat currencies and the general interests of the population. UTEMIS Limited Liability Corporation will introduce a cryptographic utility token, named UTEMIS (UTS), to decentralize companies’ reputation in Latin America. We believe that if small and mid-sized businesses in Latin America have, for the first time ever, the chance to co-create their future, they will create the most economically vibrant, resilient, efficient and fair economic zone in the world. UTEMIS is a B2B platform geared to building trust by stressing and decentralizing merchant reputation, transaction assurance and trading efficiency. It is focused in Latin America and it is integral with the UTEMIS token, this being essential to protect merchants from the vagaries and arbitrariness of local governmental interventions. In this, UTEMIS follows the proven business model of the leading Chinese e-commerce giants with a strong emphasis on reputation. For the reason given, the UTEMIS cryptocurrency is a necessary complement with the potential of transforming the entire Latin American region into a single economic space. UTEMIS ICO proceeds will be invested in speeding up the development of the technological platform and in hiring a massive salesforce to spark growth in Mexico, Brazil and Colombia. UTEMIS Value Proposition for merchant customers is threefold: Find new clients and suppliers in the entire Latin American continent and evaluate them by their reputation; Save up to 99% of the current costs of doing transactions and payments and; Keeping our customers protected at all times against fraud (using an escrow account). UTEMIS expects revenues of $650 million (US Dollars) by the end of 2018 by monetizing this Value Proposition with three types of income: Advertising; Per transaction fees and; Fees from managing the escrow account. For participants in the token: only the amount purchased in the ICO will be liquid. In addition, UTEMIS has a unique ‘VIP Participants Program’ that rewards early participants with a special reward policy (similar to a ‘dividend policy’). It also includes an attractive benefits package in case of doing an IPO (an Initial Public Offering in a stock exchange) or in case UTEMIS were to be acquired by a major e-commerce corporation – in addition, of course, to any increase in value of the UTEMIS cryptocurrency token.

The UTEMIS cryptocurrency is transforming the entire Latin American continent into a single economic space: Conduct business in the entire Latin American continent as if it were one country, find new clients and suppliers and evaluate them by their reputation Save 99% of the current costs of conducting transactions and payments, no bureaucracy or waste of time and instant payment. Same as Chinese e-commerce giants, your purchases are 100% protected with UTEMIS escrow account, if something happens you get 100% of your money back. Trust and reputation are the fuel that drives business growth. By decentralizing their reputation on the Ethereum Blockchain, businesses that are honest will thrive, and those that are not will find themselves driven out from the system. And for the first time ever 100% of this outcome depends on them.

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Team

Pablo Uribe Villa
Country Manager - Colombia
Francisco Denia
Core Technology Team
Luis Tinajero Michel
Country Manager - Mexico
Daniel Ortiz Uribe
UTEMIS Founding Team
Juan Pablo Vazquez S...
UTEMIS Founding Team
Juan Pablo Vazquez Sampere
UTEMIS Founding Team
Walfredo Dantas
Country Manager - Brasil
Tony Codina
Core Technology Team

Advisors

Jaime Pascual
Advisory Board
Higinio Guillamon Du...
Advisory Board
Higinio Guillamon Duch
Advisory Board
Nicolas De Narvaez
Advisory Board

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