Website: https://bitrust.co

Simple & Easy to Use Cryptocurrency Insurance Platform

BITRUST is a decentralized, easy to use, peer-2-peer cryptocurrency insurance platform based on Ethereum blockchain leveraging smart-contract technology

BITRUST objective is to serve retail digital currency investors with an average monthly trading volume of between $100 and $100,000

How it works

BITRUST is peer-to-peer insurance platform for cryptocurrency enthusiasts like John and Takeshi, which helps to protect your cryptocurrency value from sudden market drops

Main features

Decentralized

The foundation of BITRUST cryptocurrency insurance platform is a decentralised exchange and transaction clearing system which eliminates possible fraud and single-point-of-failure risks and prevents the system from external regulation.

Anonymous

BITRUST does not ask you for any personal data because we believe that your opportunity to manage your own assets and trade should not be affected by who you are.

Intuitive and easy to use UI

The user interface of BITRUST cryptocurrency insurance platform is one of the simplest and user-friendly you've ever seen in the cryptoworld. It was our priority from the start to make our product as easy and as intuitive as possible for our users. We are inspired by the best mobile banking applications and services, so that you feel familiar working with BITRUST platform.

Top notch security

The smart contract technology based on Ethereum blockchain, which is the foundation of BITRUST cryptocurrency insurance platform, ensures that all your data will be secured and nobody will be able to cheat and take over your assets.

Token pricing model

Roadmap

BITRUST team will use funds raised through ICO of BTF tokens to develop the platform. Our aim is to provide a risk mitigation solution for cryptocurrency enthusiasts, according to a development timeline below. The product development timeline might not be final and is subject to change depending on the feedback we receive from developer’s team.

• 31.05.2018. Listing BTF token on Exchanges

Our target is to list on HitBTC and Bittrex first and continue working towards listing on top exchanges such as YoBit, Liqu, LiteBit and others

• 31.07.2018. Recruitment of BITRUST team

To rent a bigger office space and recruit a team of top notch blockchain developers, web developers, test engineers as well as operations and support staff

• 30.09.2018. Minimum Viable Product

Develop a minimum viable product to demonstrate interface and some features of BITRUST platform, collect feedback from cryptocurrency community for further improvement

• 30.11.2018. Beta Version of BITRUST platform

Develop a fully-functional early version of the platform that contains most of the major features of BITRUST platform

• 30.12.2018. Growing BITRUST support team

We will establish a separate support office in London and begin growing our team of marketing & business development

• 01.2019. Fully operational BITRUST platform launch

Develop a fully functioning BITRUST platform

• ONGOING. BITRUST hedge funds partnership and business development

We will form strategic partnerships with hedge funds in order to further promote BITRUST platform

Crowdsale details

To finance the development and support of the BITRUST platform, a limited-supply sale of BTFs will be performed. The tokens will be created by BTF Project Limited, a UK-incorporated company. During the token sale, the accepted currency will be ETH, BTC and LTC. BTFs that are not acquired during the token sale will be burned automatically by the smart contract.

Pre-ICO

1. BITRUST pre-ICO phase will last for 30 (thirty) days.
2. A maximum of 20,000,000 BTF tokens, equivalent to 1,000 ETH, will be available during the pre-ICO phase.
3. Pre-ICO participants will receive a bonus of 100% on every investment.
4. During the pre-ICO phase, there is no minimum buy of BTF tokens.
5. The pre-ICO phase will start on 2nd March 2018 and continue until 31st of March 2018.

ICO

1. The BITRUST ICO phase will last for 60 (sixty) days, if a soft cap is not reached sooner.
2. The token creation will be soft capped upon receipt of ETH equivalent to EUR 6m, fixed at 6,000 ETH.
3. If the soft cap is reached before the end of the planned token creation period, additional contributions will be accepted for a period of 240 hours.
4. The token creation will have a hard cap of 12,000 ETH. Upon achieving this cap, token creation will stop and no further contributions will be accepted.
5. The ICO phase will start on 2nd of April, 2018 and continue until 31st of May, 2018, or until other smart contract conditions are triggered.

BITRUST token pricing model

Participants willing to support the development of the BITRUST platform will be able to purchase BITRUST tokens at the following rates:

1. Pre-ICO price: 1 ETH = 20,000 BTF (100% bonus).
2. 1st ICO installment until ETH 1000 milestone is reached: 1 ETH = 13,000 BTF (30% bonus).
3. 2nd ICO installment until ETH 3,000 milestone is reached: 1 ETH = BTF 12,000 (20% bonus). 36 Crowdsale structure www.bitrust.co.uk
4. 3rd ICO installment until ETH 6,000 milestone is reached: 1 ETH = BTF 11,000 (10% bonus).
5. After the soft cap is reached, the BTF sale continues at the standard rate of 10,000 BTF per 1 ETH for an additional 240 hours or until the hard cap is reached.

Token allocation

The tokens will be allocated among participants in the ICO, the BITRUST founding
team, advisors, and members of the bounty program.

1. The maximum number of tokens created will be BTF 250,000,000.
2. The number of tokens available during the token sale will be BTF 150,000,000.
3. 60% of all tokens issued will be allocated to ICO participants.
4. 15% of tokens issued will be allocated to the BITRUST team and will be automatically locked for 24 months by smart contract.
5. 15% of tokens issued will be allocated to members of the bounty campaign, advisors, and towards ICO campaign costs.
6. 10% of all tokens will be automatically locked for 24 months by smart contract as a reserve for further development in the BITRUST platform or Secondary Coin Offering.

Links:
Website: https://bitrust.co
Whitepaper: https://bitrust.co.uk/files/whitepaper.pdf
Telegram: https://t.me/joinchat/B2YGhUXOs8y1EPxV4q_zzw
Linkedin: https://www.linkedin.com/company/27135925/
Medium: https://medium.com/@bitrust
Facebook: https://www.facebook.com/BITRUST-150162739077561/
Twitter: https://twitter.com/BTF_PROJECT
Reddit: https://www.reddit.com/user/BITRUST/
Youtube: https://www.youtube.com/channel/UC85RIHfrk5tnAwA5c8Sez3A

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Bountyhive username: criptobitco
bountyhive.io/r/criptobitco