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Utemis

A B2B Token that Makes Latin America One Country

UTEMIS transform the entire Latin American Continent into a Single Economic Space: 1. Only for B2B transactions (between companies) 2. Economic stability 3. Reputational Blockchain 4. 100% of transactions guaranteed with 100% of a refund 5. The most complete database to find buyers and sellers in the entire Latin American continent With UTEMIS companies can regain new net growth, about time that Latin Americans have the future they deserve.

3.1
5 4 expert ratings
Benchy 3.3
Experts
3.3
2.4
2.4
View rating distribution
Ended
2018-09-16 - 2018-09-23
19 days 17 hours left
2018-09-23 - 2018-10-14
Token
UTS
PreICO Price
1 UTS = 0.01 USD
Price
1 ETH = 40,000 UTS
Bonus
Available
Platform
Accepting
ETH
Minimum investment
0.25 ETH
Soft cap
1,000 ETH
Hard cap
9,000,000 USD
Country
Whitelist/KYC
None
Restricted areas
USA, China
More on ICO
Report

About Utemis

UTEMIS is a Token that creates a Single Economic Space for Business to Business transactions in Latin America. The company is focused at solving the three problems that Latin American companies suffer on a daily basis, for each problem there is a product and a revenue model.

Problem 1: Finding companies to do business with, Latin America is very inefficient, finding customers and suppliers overseas is really challenging.

Problem 2: Trusting people. Once you have found someone, how do you trust that it is a legitimate and honorable company?

Problem 3: Bank transfers. The average commission for a bank transfer in Latin America is 25% (yes… 25%!) there are several political reasons that explains this.

Product 1: A large comprehensive database of all companies in Latin America.

Product 2: UTEMIS Reputational Blockchain, where every transaction conducted is recorded so businesses reputation becomes the driver for bringing in more business

Product 3: An escrow account, so 100% of the times, the money from the buyer is protected until the seller has delivered and the buyer has okayed the order.

Revenue model 1: Advertising, to have a larger shop or to appear in the priority list.

Revenue model 2: A fixed 1% commission fee is applied on all transactions after a certain number of transactions that are free per month.

Revenue model 3: Profitability obtained from managing the escrow account.

Last, UTEMIS has an initial base of loyal investors that have been there since day one. And to whom we will be forever grateful.

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