What is BITRUST?

BITRUST is an affordable,decentralized,easy to usepeer-to-peer (P2P) cryptocurrency insurance marketplace that is based on Ethereum,a blockchain-leveraging smart-contract technology.The objective of BITRUST is to be affordable for retail digital currency investors with an average monthly trading volume of between $100 and $100,000.

Why market need BITRUST? The market need BITRUST platform becuase of this three needed reasons (1)need for secure and easy-to-use insurance solutions for cryptocurrency investors (2)need for an affordable solution for regular cryptocurrency enthusiasts(3)solve the real issue of altcoin volatility.

BITRUST aims to promote the even greater involvement of blockchain technology in our daily lives by reducing the risks associated with investments in cryptocurrency and by allowing new and existing projects to flourish for the benefit of the entire system.BITRUST,believe that this will lower barriers to entry for new investors, scale up the amounts invested by current market participants, and increase the liquidity of altcoins.

Why BITRUST Run an ICO?

BITRUST team has decided to run ICO instead of traditional ways to raise funds,BECAUSE they are firm believers in blockchain technology and its decentralized nature which allows a completely trustless interaction between parties also they are developing platform which is designed primarily for retail investors and everyday cryptocurrency users that will help significantly hedge risks associated with volatility on the cryptocurrency market.BITRUST team will use funds raised through ICO of BTF tokens to develop the platform.

People behind BITRUST project.

BITRUST platform is a product of BTF Project Limited established under English law with the headquarters in London with their 5 founders who are true enthusiast of cryptocurrency and its underlying blockchain technology and already invested the first batch of their money to bring BITRUST to life.The engineering team consists of highly skilled developers who all have worked on various products they are professionals in cryptocurrency, insurance opera-tions and compliance,** blockchain and peer-to-peer technologies**, artificial intel- ligence, internet marketing and economics, politics and public relations.

Meet the TEAM

Alex’s core expertise is in derivative functionalities and hedging strategies used in various forms of insurance against asset depreciation. He has a degree in Finance with distinction from a top tier Canadian University and a Master’s degree in Finance from Cass Business School in London, UK. While working at KPMG Canada, Alex gained extensive knowledge of valuations and financial risk management.With the strong belief that cryptocurrencies are the wave of the future, he joined BITRUST as CEO in 2017, aiming to integrate his business and financial knowledge into the expanding crypto industry.

CTO
Segey has built his career in IT, working as an IT specialist, developer, and manager, coordinating the work of international teams. Sergey also has experience working for one of the largest banks in Europe an experience that afforded him a closer insight into the financial world and its ever-changing nature. Sergey joined the BITRUST team in 2017 to join the journey to helping others feel more comfortable in the world of cryptocurrencies, making it more transparent and safe.

CFO
Elina has a long record of accomplishment in various banking sectors. Following her BA degree in Business Administration from the School of Business and Finance she has spent the last 12 years gaining comprehensive knowledge and experience at leading Nordic corporate bank SEB. Throughout her career Elina has performed business reviews, value chain analysis and cash management for large international corporate customers and multi-billion businesses. She has gained a thorough understanding of customers from different industries and various cultural backgrounds.

While following the latest trends in banking and finance, Elina has long been a supporter of blockchain technology and its products. She was proud to join the BITRUST project as CFO in 2017 as she believes that the distributed ledger technology will revolutionize the finance and banking industries.

Head of Product Development

Mikhail is an IT Professional with a solid track record within the reinsurance and banking industry. He has a Master’s degree in Computer Science and Engineering from Riga Technical University. Over the last 5 years he has led the development and engineering activities for core business applications of Fortune Global 500 companies. Mikhail is actively engaged in product requirement elicitation, solution design, product development & delivery (applying practices from Agile methodology and Scrum framework) as well as production operations.

Mikhail has a passion for Blockchain technology and joined BITRSUT as Head of Product Development. In this position, he will be responsible for setting up a product development team and eventually launching BITRUST platform.

Head of Software Development

Alexey Vinar graduated from the Novosibirsk State Technical University with a degree in Software Development. His career began as a producer at one of the leading digital agencies in Russia, where he gained experience of working with well-established global companies such as IKEA, GoPro, Discovery Channel, Burton and others. In 2017 Alexey joined the BITRUST team as the Head of Development.

His department is engaged in developing smart contracts and web services for the BITRUST platform. Alexey is convinced that there are no impossible tasks when it comes to software development and any idea, no matter how crazy it may sound at first, can be materialized. To run BITRUST, he personally recruited an entire team of talented developers.

Include with the other TEAM

• Oleg Lupikov Head of R&D,
• Arthur Lots Head of Operations,
• Leon Leschinsky Head of Strategy,
• Arthur Kavinsky Head of Business Development ,
• Aleksandr Karev Head of Marketing,
• Denis Radchenko Head of Recruitment Strategy and HR,
• Igor Goldshmidt Head of QA,

ALSO their 4 Advisors

• Nikos Yerolemou,
• John Mun,
• Ivan Bazhutin view
• other team and advisors details here at BITRUST TEAM and last but not less the very own Tudor Stomff.

Advisor
Tudor has worked as a a front-end developer, both for a leading web development company from Germany and as a freelancer, having previously studied electrical engineering. Besides this, he speaks 4 languages and is always eager to learn about new technologies.After entering the blockchain space he helped cofound Bountyhive.io — the largest bounty platform for ICOs, where he now serves as CEO.

To date, Tudor has collaborated with more than 40 different ICOs, which have collectively raised over 300.000 ETH as well as more than 200.000 supporters.In 2018 he joined BITRUST as an Advisor to offer his expertise in marketing and funding a successful ICO.

BITRUST Milestones

31.05.2018 Listing BTF token on Exchanges

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

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

01.2019 Fully operational BITRUST platform launch

Develop a fully functioning BITRUST platform

30.12.2018 Growing BITRUST support team

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

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

ONGOING BITRUST hedge funds partnership and business development

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

Crowdsale details

The BITRUST tokens will be created by BTF Project Limited, a UK-incorporated company.During the token sale, the accepted cur-rency will beETH, BTC and LTC. BTFs that are not acquired during the token sale will be burned automatically by the smart contract.

PRE-ICO

• BITRUST pre-ICO phase will last for 30 (thirty) days.
• A maximum of 0,000,000 BTF tokens, equivalent to 1,000 ETH,will be available during the pre-ICO phase.
• Pre-ICO participants will receive a bonus of 100%on every investment.
• During the pre-ICO phase, there is no minimum buy of BTF tokens.
• The pre-ICO phase will start on ```2nd March 2018and continue until31st of March 2018``.

ICO

• The BITRUST ICO phase will last for 60 (sixty) days, if a soft cap is not reached sooner.
• The token creation will be soft capped upon receipt of ETH equivalent to EUR 6m, fixed at 6,000 ETH.
• 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.
• 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.
• The ICO phase will start on 2nd of April, 2018 and continue until 31s tof May, 2018, or until other smart contract conditions are triggered.

BITRUST Token pricing model

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 rateof 10,000 BTF per 1 ETH for an additional 240 hours or until the hard cap is reached.

Token allocation

• The maximum number of tokens created will be BTF 250,000,000.
• The number of tokens available during thetoken sale will be BTF 150,000,000.
• 60% of all tokens issued will be allocated to ICO participants.
• 15% of tokens issued will be allocated to the BITRUST team and will beautomatically locked for 24 months by smart contract.
• 15% of tokens issued will be allocated to members of the bountycampaign, advisors, and towards ICO campaign costs.
• 10% of all tokens will be automatically locked for 24 months by smartcontract as a reserve for further development in the BITRUST platformor Secondary Coin Offering

I will recommended to watch this YouTube Vedio to undertsand the whole statedBITRUSTplatform. For further information about BITRUST ICO visit https://bitrust.co.uk/ for Crowdsale.View the other important informations details here at White Paper .

For the BITRUST Bounty Campaign, in order to participate sign up here at Bountyhive.io also all is required to join BITRUST community to follow their TWITTER / join on their TELEGRAM / subscribe on YOUTUBE and like their FACEBOOK page.BITRUST is Simple & Easy to Use Cryptocurrency Insurance Platform.