The beginning of the token launch was in the year of 2017 during a compliant ICO on Nov. 2, of that special year for us.

The token was launched as an ERC-20 token on the Ethereum blockchain, with a total supply of 500 million UTK tokens.

In the year 2022 on Jan. 11. Utrust announced the good news, that the company was acquired by Elrond network (now MultiversX).

That same year the UTK 2.0 token was launched. This token was the ESDT variant that was active on the MultiversX network.

With a convenient and easy-to-use Bridge landing page, UTK token holders could bridge their old tokens for the new ESDT variant.

With the token having more utilities and the benefits of the MultiversX blockchain.

It was pretty much clear that this was the favorite token variant among holders.

Both chains Erc-20 & ESDT are supported still to this day.