There is a powerful reason for creating the UTEMIS cryptocurrency token; the restrictions on access to capital, inflation, devaluations, dysfunctional economic policies, unreasonably favored banks charging inordinate fees to their customers. The lives of ordinary citizens are daily witnesses of the important conflicts of interest between the regulators of Latin American fiat currencies and the general interests of the population. UTEMIS Limited 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 a B2B platform geared to building trust by stressing and decentralizing merchant reputation, transaction assurance and trading efficiency. It is focused in Latin America and it is integral with the UTEMIS token, this being essential to protect merchants from the vagaries and arbitrariness of local governmental interventions. In this, UTEMIS follows the proven business model of the leading Chinese e-commerce giants with a strong emphasis on reputation. For the reason given, the UTEMIS cryptocurrency is a necessary complement with the potential of transforming the entire Latin American region 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 spark growth in Mexico, Brazil and Colombia. UTEMIS Value Proposition for merchant customers is threefold:Find new clients and suppliers in the entire Latin American continent and evaluate them by their reputation; Save up to 99% of the current costs of doing transactions and payments and; Keeping our customers protected at all times against fraud (using an escrow account).
UTEMIS expects revenues of $650 million (US Dollars) by the end of 2018 by monetizing this Value Proposition with three types of income:Advertising; Per transaction fees and; Fees from managing the escrow account.
For participants in the token: only the amount purchased in the ICO will be liquid. In addition, UTEMIS has a unique ‘VIP Participants Program’ that rewards early participants with a special reward policy (similar to a ‘dividend policy’). It also includes an attractive benefits package in case of doing an IPO (an Initial Public Offering in a stock exchange) or in case UTEMIS were to be acquired by a major e-commerce corporation – in addition, of course, to any increase in value of the UTEMIS cryptocurrency token.
Large e-commerce giants needed massive economic spaces to become the powerhouses that they are today. For instance, in the U.S. there is one single currency, one inflation, one economic, policy, etc. – same as in China. Latin America has 26 different countries, each with its own economic policy, inflation, currency and many other differences. UTEMIS represents a new application for a cryptocurrency: it creates a single economic space. UTEMIS is only for business to business (B2B) companies, and it helps companies regain new net growth by conducting the following activities: 1. A large and complete database of companies in Latin America, so every company can find customers and suppliers in the entire Latin American continent. 2. UTEMIS Reputational Blockchain: where each transaction is recorded so businesses can manage their own reputation and, by honoring their word, increase their sales and margins. 3. 100% protection of your money. UTEMIS proprietary escrow account protects 100% of transactions 100% of the time. If something happens you always get 100% of your money back. UTEMIS has a strong revenue model and an initial base of loyal investors that have been there since day one. And to whom we will be forever grateful.
The idea of a UTEMIS ecosystem was born. We researched what licenses, programmers, legal requirements, and financial and IT engineers would have to be acquired to create the UTEMIS Ecosystem. A 10-year business plan was created for the ecosystem. PRE-ICO December 15 2017, we will launch our UTEMIS token in the ICO market.
Sign first customers in Colombia, Brazil and Mexico Present first customers in the UTEMIS web site List of customers that have signed for the alpha release of the UTEMIS Platform Interview headhunting agencies in Colombia for selection of sales personnel
Pre- ICO Period starts February 15th Interview headhunting agencies in Mexico for selection of sales personnel Interview headhunting agencies in Brazil for selection of sales personnel Preparation of the alpha version of the UTEMIS Platform Private conference with customers in Mexico, Brazil and Colombia Co-creation process with customers to find the main functionalities of the initial e-commerce platform Design the main functionalities of the UTEMIS Store for Companies ICO Second Period ends April 30th
Pre- ICO Period ends March 1st ICO First Period starts March 1st Launch the of UTEMIS Platform Alpha version with selected group of customers Debugging the UTEMIS Platform Alpha version Identifying missing functionalities in the UTEMIS Platform Alpha version Selection of the two headhunting agencies for Colombia Selection of the two headhunting agencies for Brazil Selection of the two headhunting agencies for Mexico
ICO First Period ends April 1st ICO Second Period starts April 1st Interview the first 100 sales personnel for Colombia Interview the first 100 sales personnel for Mexico Interview the first 100 sales personnel for Brazil Reach saturation with all the functionalities in the Alpha version Design the UTEMIS Platform Beta version Test the escrow account and its capacity limits Create the advertising platform Design the main functionalities of the UTEMIS Store for Companies ICO Second Period ends April 30th
Hire the first 100 sales personnel for Colombia Hire the first 100 sales personnel for Mexico Hire the first 100 sales personnel for Brazil Interview 100 sales personnel more for Colombia Interview 100 sales personnel more for Mexico Interview 100 sales personnel more for Brazil Launch the Beta Version Reach the customer number 100 The UTEMIS Token starts trading in one Exchange
Debug the Beta version and check for reliability Preparation of the main UTEMIS Platform Hire 300 sales personnel more for Brazil, Colombia and Mexico Create the Treasury department for arbitrage of the UTEMIS Token Negotiate with one port in Colombia to accept UTEMIS Negotiate with one port in Brazil to accept UTEMIS Negotiate with one port in Mexico to accept UTEMIS
Prepare UTEMIS for high speed scaling Finish debugging the Beta version of the UTEMIS Platform Hire 300 sales personnel more for Brazil, Colombia and Mexico Reach the customer number 10,000
August 2018 to December 2018
Legal compliance Marketing boost UTEMIS Hire VP sales B2B LATAM Customer service call center Hire 100 telemarketers
2019 HIGH GROWTH SCALE UP
Start operations in Chile, Argentina and the rest of countries in Latin America
2020 United States of America
Start operations in the USA with all the companies that conduct business with Latin American companies