Bitrust: Simple & Easy to Use Cryptocurrency Insurance Platform Review

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.

Why participate in BITRUST token sale
BITRUST offers a simple, affordable, secure and easy-to-use risk mitigation solution for cryptocurrency enthusiasts around the world

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.

Milestones

Token pricing model

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 urther 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).
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 capis 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.

TEAM

Advisors

Website: https://bitrust.co.uk/
Telegram: https://t.me/joinchat/B2YGhUXOs8y1EPxV4q_zzw
Twitter: https://twitter.com/BTF_PROJECT
Facebook: https://www.facebook.com/BITRUST-150162739077561/
Reddit: https://www.reddit.com/user/BITRUST/
Medium: https://medium.com/@bitrust
Youtube: https://www.youtube.com/channel/UC85RIHfrk5tnAwA5c8Sez3A