[ANN] [TRST] WeTrust - For the People, By the People! - page 61.

Anarchy101

legendary

Activity: 1316

Merit: 1004

Quote from: rajatjain on November 23, 2017, 12:49:07 AM

Quote from: Anarchy101 on November 23, 2017, 12:33:05 AM

Do we have an estimated month for the release of the BETA version of the dApp or is it still unknown?

Thanks

Before this month's end and the first version will come out late in december. So good things ahead from now on! Hope to see some crucial partnerships from the new year in some countries where this product will really help the people with the lending and borrowing. Certainly a better version than relying on chit funds

Damn it's not that far now right now TRST is a sleeping giant once the first version is released it will be good time for us early investors.

yingfeng

sr. member

Activity: 910

Merit: 263

Quote from: tehMoonwalker on November 23, 2017, 05:16:13 AM

Quote from: stupid_seb on November 22, 2017, 12:30:30 PM

Quote from: template on November 22, 2017, 09:56:14 AM

I think less 1 month price rise to $0.6-$0.8

x2 when the beta is released.
x5 to x10 end of the year. Market cap is very low (sub30M) and the potential of this coin is around $300M to $400M based on the arket they are tackling.

It's in the whitepaper: trusted lending circles are huge in India, China, Latam and even the USA:

Quote

The global ROSCA and informal banking industry is responsible for money flows over 10% of GDP in many countries, despite significant handling/transaction costs. An estimated >$500B flow through Trusted Lending Circle type groups each year.
In addition, social capital powered Trusted Lending Circles have potential compete in consumer loans, where the US market represents over $3.2 Trillion in outstanding consumer credit.
Globally, the P2P Lending market is growing rapidly and has a market size of over $70B/ year. Finally, WeTrust plans to deliver insurance services built on the Trusted Lending Circles, which can be seen as the foundation for a mutual insurance framework. The insurance industry generated over $1.1 Trillion in premiums in the United States in 2015.

They are speaking with big names in the ROSCA world at the moment.
$70Billion per year is huge.
If wetrust gets 0.1% of this market (1/1000 lending circle... nothing assuming the partnerships they are making).
Then, they can tackle a $70Million market PER YEAR just for trusted lending circles (ROSCA).

Generally you work on a Price on Earning ratio of 10 in the stock markets (10years revenues). Let's be conservative for cryptos and take 4 years
--> $280M market capitalization

Add the insurance premiums...with a couple partnerships (live CIVIC did recently, the fintech and insurancetech is prome to partner with the cryptos),

and we have a Billion dollar project. (x50 vs today)

i agree, beautiful explaination ! trst one of the most underrated projects out there!

I agree. You just need to keep the TRST tokens in your portfolio. In the future, TRST investors will be very happy. I bought some more coins. Although the bulk of the volume I bought in the summer.

Xandan

hero member

Activity: 1106

Merit: 504

I take it other way because the sooner the beta version is available the earlier we can expect full version of platform. Beta will be final testing phase and after months testing this phase should be shorter too. Things seems on track and as planned by the end of this year to be ready.

zhongzy

sr. member

Activity: 546

Merit: 250

Quote from: tonnynguyen on November 23, 2017, 02:32:07 AM

This is big news about the beta release in this month. It means that in next few days remaining of this month big updates are being given. For me it is sufficient to know beta is going to be open for public or closed white-listed group. This shows end of December as planned is going to be big big event maker for Trst holders.

<=== i belive you . This coin is good.

i am always waitting for good news from team ,just not fews days remain this month ,hope don't be disappointed

tehMoonwalker

sr. member

Activity: 392

Merit: 250

Quote from: stupid_seb on November 22, 2017, 12:30:30 PM

Quote from: template on November 22, 2017, 09:56:14 AM

I think less 1 month price rise to $0.6-$0.8

x2 when the beta is released.
x5 to x10 end of the year. Market cap is very low (sub30M) and the potential of this coin is around $300M to $400M based on the arket they are tackling.

It's in the whitepaper: trusted lending circles are huge in India, China, Latam and even the USA:

Quote

The global ROSCA and informal banking industry is responsible for money flows over 10% of GDP in many countries, despite significant handling/transaction costs. An estimated >$500B flow through Trusted Lending Circle type groups each year.
In addition, social capital powered Trusted Lending Circles have potential compete in consumer loans, where the US market represents over $3.2 Trillion in outstanding consumer credit.
Globally, the P2P Lending market is growing rapidly and has a market size of over $70B/ year. Finally, WeTrust plans to deliver insurance services built on the Trusted Lending Circles, which can be seen as the foundation for a mutual insurance framework. The insurance industry generated over $1.1 Trillion in premiums in the United States in 2015.

They are speaking with big names in the ROSCA world at the moment.
$70Billion per year is huge.
If wetrust gets 0.1% of this market (1/1000 lending circle... nothing assuming the partnerships they are making).
Then, they can tackle a $70Million market PER YEAR just for trusted lending circles (ROSCA).

Generally you work on a Price on Earning ratio of 10 in the stock markets (10years revenues). Let's be conservative for cryptos and take 4 years
--> $280M market capitalization

Add the insurance premiums...with a couple partnerships (live CIVIC did recently, the fintech and insurancetech is prome to partner with the cryptos),

and we have a Billion dollar project. (x50 vs today)

i agree, beautiful explaination ! trst one of the most underrated projects out there!

tonnynguyen

hero member

Activity: 658

Merit: 500

This is big news about the beta release in this month. It means that in next few days remaining of this month big updates are being given. For me it is sufficient to know beta is going to be open for public or closed white-listed group. This shows end of December as planned is going to be big big event maker for Trst holders.

<=== i belive you . This coin is good.

Natalim

hero member

Activity: 3094

Merit: 606

BTC to the MOON in 2019

Quote from: rajatjain on November 23, 2017, 12:49:07 AM

Quote from: Anarchy101 on November 23, 2017, 12:33:05 AM

Do we have an estimated month for the release of the BETA version of the dApp or is it still unknown?

Thanks

Before this month's end and the first version will come out late in december. So good things ahead from now on! Hope to see some crucial partnerships from the new year in some countries where this product will really help the people with the lending and borrowing. Certainly a better version than relying on chit funds

We do not have to wait for a longer time because this will happen based on their road map.
Time to celebrate now if you have bought already as I am very sure WeTrust will end with a good year, maybe there is a chance we can break the all time high since volume can easily grow in bittrex.

rajatjain

member

Activity: 210

Merit: 16

Decentralize $15-Trillion Global Trade Industry

Quote from: Anarchy101 on November 23, 2017, 12:33:05 AM

Do we have an estimated month for the release of the BETA version of the dApp or is it still unknown?

Thanks

Before this month's end and the first version will come out late in december. So good things ahead from now on! Hope to see some crucial partnerships from the new year in some countries where this product will really help the people with the lending and borrowing. Certainly a better version than relying on chit funds

Anarchy101

legendary

Activity: 1316

Merit: 1004

Do we have an estimated month for the release of the BETA version of the dApp or is it still unknown?

Thanks

stupid_seb

full member

Activity: 336

Merit: 101

Quote from: scambust on November 22, 2017, 03:00:31 PM

Quote from: stupid_seb on November 22, 2017, 12:30:30 PM

and we have a Billion dollar project. (x50 vs today)

It will take years since this type of financial product takes years to develop. But it would be better if you buy at basement prices, even ground floor or 1st floor prices.

It takes years to get into the market, but ROSCAs are massive already. They just need the right partnerships.
At 1st, it's going to be with Latam rosca groups, then hopefully some insurances will kick in in a second time.
By end of the year we can seriously imagine a x5 jump. $30M is ridiculous for this company, who has a working product.

TRST is to lending what Bitcoin is to money: an alternative without 3rd parties, where the rules are clear from scratch.

yingfeng

sr. member

Activity: 910

Merit: 263

Quote from: Maslate on November 22, 2017, 12:03:52 AM

Quote from: rajatjain on November 21, 2017, 11:09:08 PM

Interesting to see the next 40 days both from the price and the future of the company perspective. This has been one of the most stable companies which really pissed the day traders but for HODLers this company didn't dissapoint and finally it is time to see if the long term holders will get anything out of it or not!

The price will definitely increase, when there is a big event ahead usually the whales will start to accumulate.
WeTrust or TRST tokens has never gone down so hard, it slowly got down due to the price increase of bitcoin but this big news
will make TRST not gonna depend on the price of bitcoin.

Do not depend on Bitcoin is a very difficult task. While the alt is not working. But I very much hope that this will happen with the development of the project.

scambust

legendary

Activity: 1652

Merit: 1007

Quote from: stupid_seb on November 22, 2017, 12:30:30 PM

and we have a Billion dollar project. (x50 vs today)

It will take years since this type of financial product takes years to develop. But it would be better if you buy at basement prices, even ground floor or 1st floor prices.

stupid_seb

full member

Activity: 336

Merit: 101

Quote from: template on November 22, 2017, 09:56:14 AM

I think less 1 month price rise to $0.6-$0.8

x2 when the beta is released.
x5 to x10 end of the year. Market cap is very low (sub30M) and the potential of this coin is around $300M to $400M based on the arket they are tackling.

It's in the whitepaper: trusted lending circles are huge in India, China, Latam and even the USA:

Quote

The global ROSCA and informal banking industry is responsible for money flows over 10% of GDP in many countries, despite significant handling/transaction costs. An estimated >$500B flow through Trusted Lending Circle type groups each year.
In addition, social capital powered Trusted Lending Circles have potential compete in consumer loans, where the US market represents over $3.2 Trillion in outstanding consumer credit.
Globally, the P2P Lending market is growing rapidly and has a market size of over $70B/ year. Finally, WeTrust plans to deliver insurance services built on the Trusted Lending Circles, which can be seen as the foundation for a mutual insurance framework. The insurance industry generated over $1.1 Trillion in premiums in the United States in 2015.

They are speaking with big names in the ROSCA world at the moment.
$70Billion per year is huge.
If wetrust gets 0.1% of this market (1/1000 lending circle... nothing assuming the partnerships they are making).
Then, they can tackle a $70Million market PER YEAR just for trusted lending circles (ROSCA).

Generally you work on a Price on Earning ratio of 10 in the stock markets (10years revenues). Let's be conservative for cryptos and take 4 years
--> $280M market capitalization

Add the insurance premiums...with a couple partnerships (live CIVIC did recently, the fintech and insurancetech is prome to partner with the cryptos),

and we have a Billion dollar project. (x50 vs today)

template

hero member

Activity: 1085

Merit: 500

I think less 1 month price rise to $0.6-$0.8

NrX

sr. member

Activity: 770

Merit: 254

Market is pretty much active and live you can check Bittrex to get some statistics. My opinion is increase in value isn't problem only matter of time as soon as beta version is released no one will have enough time to scoop up his cup. People will jump when price will be on the rise again.

Maslate

hero member

Activity: 2954

Merit: 672

Message @Hhampuz if you are looking for a CM!

Quote from: rajatjain on November 21, 2017, 11:09:08 PM

Interesting to see the next 40 days both from the price and the future of the company perspective. This has been one of the most stable companies which really pissed the day traders but for HODLers this company didn't dissapoint and finally it is time to see if the long term holders will get anything out of it or not!

The price will definitely increase, when there is a big event ahead usually the whales will start to accumulate.
WeTrust or TRST tokens has never gone down so hard, it slowly got down due to the price increase of bitcoin but this big news
will make TRST not gonna depend on the price of bitcoin.

rajatjain

member

Activity: 210

Merit: 16

Decentralize $15-Trillion Global Trade Industry

Interesting to see the next 40 days both from the price and the future of the company perspective. This has been one of the most stable companies which really pissed the day traders but for HODLers this company didn't dissapoint and finally it is time to see if the long term holders will get anything out of it or not!

yingfeng

sr. member

Activity: 910

Merit: 263

Great news about the beta. Perhaps soon investors will be very pleased. I keep TRST in the portfolio since spring. The insurance market is huge, I hope the company will develop very much.

pumz

sr. member

Activity: 826

Merit: 250

This is big news about the beta release in this month. It means that in next few days remaining of this month big updates are being given. For me it is sufficient to know beta is going to be open for public or closed white-listed group. This shows end of December as planned is going to be big big event maker for Trst holders.

anirgu

legendary

Activity: 1148

Merit: 1000

Quote from: MaGNeT on November 20, 2017, 02:55:21 PM

https://twitter.com/bradiclenz/status/932676311310462976

Public beta after thanksgiving

Nice update, So the beta is planned to be in Nov, wonder whether it will be for all or only selected individuals.

Topic: [ANN] [TRST] WeTrust - For the People, By the People! - page 61. (Read 275522 times)