Utemis(UTS)-Decentralized Ecosystem for Ecommerce Platform

Have you knwn a blockchian system for ecommerce platform? This is about it. There is a major reason why the UTEMIS digital coin was created. For one, restrictions on access to capital, devaluation, inflation, and problems with the economic policies are just some of them. For instance, the policies favor banks charging high fees to their customers. In South America, there is a constant conflict between financial system regulators and the interests of the general population and all. The developers of UTEMIS want to create a decentralized crypt coin to solve these problems in South America. These developers believe that if companies both small and medium-sized have the opportunity to create their future, they will create a vibrant, efficient, and fair economic zone. UTEMIS is intended to function like a B2b platform that is geared towards decentralization and the reputation of each merchant. Its main focus will be in South America, and it will be powered by the UTEMIS crypto coin. This token will help to protect the merchant from the vagaries of arbitrary intervention by the local authorities. UTEMIS is being modeled on Chinese e-commerce giants where there is a major emphasis on your reputation. This reason, the UTEMIS crypto coin is needed to complement the potential of transforming Latin America as a single economic space. All the proceeds of the ICO will be invested into the development of the technology platform and to hire a sales force to help the growth in Brazil, Colombia, and Mexico. Later on, it will expand into the rest of South America. The benefits of the platform will be threefold. Firstly, you will be able to access suppliers from all over South America. Secondly, you will save on about 99% of current transaction costs and payments. Thirdly, you will be protected at all times from fraud.
Fund Raising
UTEMIS expects to generate about $650 million by the end of 2018 from various revenue streams around the token and the platform. For those who take part in the token sale, only that which is purchased in the ICO will be liquid. They also have a reward program where participants are rewarded in various ways. Other benefits would include a possible the windfall from an IPO if another e-commerce company were to decide to acquire UTEMIS. Besides that, there is the potential that the crypto-coin token could grow in value, which you can trade on various exchanges. Utemis is looking to change the way businesses operate in Latin America in a very similar way to Alibaba.com did to China. Similar to the point that the business model will be following that of Alibaba.com and other online giants that have come out of China in recent years. With an experienced team that not only is familar with working in Latin America with associations with government and business entities in the various countries. As well as track records of businesses that have been created previously. The guys behind Utemis have decided to go with the BlockChain rather than venture capitalists which is a traditional route. The reason being is that with an ICO not only is there more control kept by Utemis which will keep it on track. But also the belief in the project means that they would rather look for people to be part of it as a long-term growth venture than simply looking to cash in. There has been an approach already to buy Utemis before it even launched which is why we get to today’s topic of the upcoming fire sale. As the ICO was delayed upon request while a company reviewed the business plan and put together an offer for purchase of Utemis. However the deadline is almost upon us and the team behind Utemis have drawn a line in the sand for the 8th of January to begin the sale. Adding to that they also want to launch with a bang especially for those investors that have patiently waited for access to buy tokens. As such the date has been set and for a very short period you will be able to buy in with a 40% discount. An even more important factor in this beyond normal ICO’s is that there is still companies interested in buying the project. If you review the Whitepaper as a Token holder you will benefit from any sale that occurs but ultimately you will become part of the Utemis project.
The Token
There is a powerful reason for creating the UTEMIS cryptocurrency token; the restrictions of access to capital, inflation, economic policies, how banks benefit disproportionately from their customers, and how citizens live in Latin America have demonstrated that there are important conflicts of interest between the regulators of the Latin American fiat currencies and the general interests of the population. UTEMIS 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 using exactly the same business model than the leading Chinese e-commerce giants with a strong emphasis on reputation. The UTEMIS cryptocurrency is transforming the entire Latin American continent 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 grow in Mexico, Brazil and Colombia and all.
Latin America's Decentralized B2B Blockchain Has Major Potential
South America today, most people have had their accounts frozen. They are only allowed to make small withdrawals in local currency that is quite devalued. Besides that, the government often imposes arbitrary financial controls that make it hard for citizens to thrive. A good example of this is Venezuela where people are purchasing Bitcoin and using it for trade to avoid the fiat currency of their country. While this is one of the extreme cases, there is a need for citizens to protect themselves all across South America. This is holding people back from achieving economic freedom and realizing their dreams.
Now Its ICO Time
The first ICO will start on January 25 and will be followed the later by a second one on February 8, 2018. It will have a hard cap of 58,000 ETH and a soft cap of 10,000 ETH.

Official Links for More Details,
Website : https://www.utemis.com
Whitepaper : https://www.utemis.com/White_Paper_Utemis.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=2918419.0
Telegram channel : https://t.me/joinchat/EKWKsRBgoQZzPLRDs9kA2g
Facebook : https://www.facebook.com/utemiskrypto/
Twitter : https://twitter.com/UTEMISUTS

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