Utemis ICO (UTS)

The Only Decentralized B2B E-Commerce


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.

Business services Cryptocurrency Investment Platform
3.4

by expert rating and reviews


3.9
ICO PROFILE
3.6
TEAM
3.0
VISION
2.4
PRODUCT
Ended
Token UTS
Platform Ethereum
Price 1 ETH = 1,500,000 UTS
Country Andorra
ICO Start Date 01 Mar 2018
ICO End Date 30 Apr 2018

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:

  1. Find new clients and suppliers in the entire Latin American continent and evaluate them by their reputation;
  2. Save up to 99% of the current costs of doing transactions and payments and;
  3. 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:

  1. Advertising;
  2. Per transaction fees and;
  3. 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.

Team

Higinio Guillamon Duch member of Utemis ICO
Higinio Guillamon Duch
Advisory Board
Nicolas De Narvaez member of Utemis ICO
Nicolas De Narvaez
Advisory Board
Jaime Pascual member of Utemis ICO
Jaime Pascual
Advisory Board
Juan Pablo Vazquez Sampere member of Utemis ICO
Juan Pablo Vazquez Sampere
UTEMIS Founding Team
Daniel Ortiz Uribe member of Utemis ICO
Daniel Ortiz Uribe
UTEMIS Founding Team
Pablo Uribe Villa member of Utemis ICO
Pablo Uribe Villa
Country Manager - Colombia
Tony Codina member of Utemis ICO
Tony Codina
Core Technology Team
Francisco Denia member of Utemis ICO
Francisco Denia
Core Technology Team

Milestones

  • 1

    2017

    The idea of a UTEMIS ecosystem was born. We researched what licenses, programmers, legal requirements, and financial and IT engineers would have to be acquired to create the UTEMIS Ecosystem. A 10-year business plan was created for the ecosystem.
    PRE-ICO December 15 2017, we will launch our UTEMIS token in the ICO market.

  • 2

    2018

    January 8, 2018: ICO FIRST PERIOD
    January 25, 2018: ICO SECOND PERIOD
    UTEMIS will immediately start creating the UTEMIS ecosystem as soon as there are enough funds. Likewise, as soon as there are funds UTEMIS will start hiring the sales team. UTEMIS will launch in May 2018.

  • 3

    2019

    Goals: First 5,000 companies trading in the UTEMIS platform. Valuation of the UTEMIS crypto currency US $10 = 1 UTEMIS

Financial

Token Sale Info
Token UTS
Token Type ERC20
Platform Ethereum
Price in ICO 1 ETH = 1,500,000 UTS
Tokens for Sale 200000000000
Investment info
Accepting ETH
Soft cap 5,000 ETH
Hard cap None

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