UTRUST - page 337. | Bitcointalksearch.org

Kakumei

full member

Activity: 210

Merit: 100

UTRUST Community Manager

Quote from: Piggy on October 30, 2017, 08:19:03 AM

Quote from: sockpuppet1911 on October 30, 2017, 07:18:21 AM

Quote from: magisterr on October 29, 2017, 10:21:39 PM

We must enter our owm data in crowdsale or it is not necessary?

Yes, they are doing KYC "Know our customer" Like most of the exchanges and icos should be doing now for the legal reasons. On KYC you need to send the proof that they'll request.

The fact they ask personal information since they will be KYC complaiant it may look as a hassle but in reality show the committment of the company to follow the lagislation.
Same thing goes for the AML.
In fact it seems this in the future will be a necessary thing to do for everyone, as exchanges are also moving toward listing KYC/AML compliant tokens only.

Good to see UTRUST is on top of things, let's see in a few days when the ico start what kind of investments we will see arriving.

Exactly we are taking all legal precautions in order to be a legitimate business starting now and into the future. Any ICO that isn't following KYC is at a huge risk of fraud.

hendri05

full member

Activity: 197

Merit: 100

I believe UTRUST will successfully, UTRUST for future of online payments its more secure
wait until launch UTRUST ICO and i will allot money to invest in this ICO

Piggy

hero member

Activity: 784

Merit: 1416

Quote from: sockpuppet1911 on October 30, 2017, 07:18:21 AM

Quote from: magisterr on October 29, 2017, 10:21:39 PM

We must enter our owm data in crowdsale or it is not necessary?

Yes, they are doing KYC "Know our customer" Like most of the exchanges and icos should be doing now for the legal reasons. On KYC you need to send the proof that they'll request.

The fact they ask personal information since they will be KYC complaiant it may look as a hassle but in reality show the committment of the company to follow the lagislation.
Same thing goes for the AML.
In fact it seems this in the future will be a necessary thing to do for everyone, as exchanges are also moving toward listing KYC/AML compliant tokens only.

Good to see UTRUST is on top of things, let's see in a few days when the ico start what kind of investments we will see arriving.

cantdecide

full member

Activity: 336

Merit: 112

Quote from: stormcleric on October 30, 2017, 06:59:04 AM

Lots of movement in Youtube lately. Utrust videos are great for explaining the project to the community and deserve a watch.

And they are videos! I mean, videos! You know, videos... Ok kidding. But I love to see videos going around. You can watch them while doing other stuff and just listen to what there is said. Wish other projects would also use youtube more often as an information channel.

lobat999

sr. member

Activity: 1078

Merit: 310

Quote from: Kakumei on October 30, 2017, 06:44:01 AM

Quote from: Piggy on October 30, 2017, 06:06:13 AM

Reading more about UTRUST, in particular about the dispute resolution:

Traditional solutions such as PayPal have a lengthy waiting period of transaction resolutions while they gather evidence on both sides
independently (taking up to several months), making it a slow and painful process. We provide both a self-mediated 2-party resolution mode, and an advanced 3-party resolution dispute mechanism, enabling both parties to chat in real time, guided by one of our resolution
mediators. We make it quick and easy to sort conflicts.

This does sound like a good idea, but in reality we don't really know if it will work or what.
Was there already somebody doing it with good or better result than PayPal? If you could answer this would be appreciated. Cheesy

There isn't anyone doing buyer protection like UTRUST which is what really separates us from other payment platforms. The reason why we will have a 3-party resolution dispute mechanism is because they are experts in these situations dedicated into doing this, therefore saving time. Also merchants will build trust rating over time and be able to complete transactions faster.

I think UTRUST's payment protection mechanism works like an escrow which gives enough security for both the buyers and sellers alike.

Trrrt

full member

Activity: 448

Merit: 107

The pre sale was a sucess, but I think the ico will be better, a lot of hype around Utrust. The community Is really supportive and we are a lot with the intention to invest. So much potential for Utrust, investors like that and see that !

sarahlaggui

newbie

Activity: 3

Merit: 0

Joined airdrop#2 thanks to all, I'm so excited for more projects here great working, I hope so reserving for Filipino Translation if needed thank you. And godbless

Kakumei

full member

Activity: 210

Merit: 100

UTRUST Community Manager

Quote from: Mystic90 on October 30, 2017, 07:33:05 AM

Quote from: rejosh on October 30, 2017, 07:11:55 AM

Quote from: svendoto23 on October 30, 2017, 06:44:28 AM

Quote from: jonnytracker on October 27, 2017, 11:01:29 PM

We fully believe in this project and that it fills a big gap in this market. There is no commercial use for cryptocurrencies without a 3rd party service mediator such as UTRUST. Traditional online payment systems... This idea itself is enough explanation. A coin without a use case and circulation is a dead coin

The launching of ico in the utrust project is nearly approaching. We only have three more days left. The long wait is over for us and for the investors. This launch will be surely become a success.

I can’t wait for two more days so excited. I hope it won’t be sold before I make my purchase

Was there any pre sale with big discounts and is there a whitelist to reg for the ICO?
Pretty interested how much was sold in pre sale, and if they have a whitelist how many people are on there

There was a pre-sale that was $0.03 per UTK which we only sold $3.5M worth of tokens and aim to raise a total $49M in total during ICO. The market cap will barely be affected by this at all, even if everybody would dump at the same time. This is different for other ICOs, but we rejected offers from big buying groups asking for discounts and expect our price to be very stable once it hits the market.
There isn't a whitelist but the is a KYC which is mandatory in order to withdraw your funds after participating in the ICO.

Mystic90

full member

Activity: 154

Merit: 100

Quote from: rejosh on October 30, 2017, 07:11:55 AM

Quote from: svendoto23 on October 30, 2017, 06:44:28 AM

Quote from: jonnytracker on October 27, 2017, 11:01:29 PM

We fully believe in this project and that it fills a big gap in this market. There is no commercial use for cryptocurrencies without a 3rd party service mediator such as UTRUST. Traditional online payment systems... This idea itself is enough explanation. A coin without a use case and circulation is a dead coin

The launching of ico in the utrust project is nearly approaching. We only have three more days left. The long wait is over for us and for the investors. This launch will be surely become a success.

I can’t wait for two more days so excited. I hope it won’t be sold before I make my purchase

Was there any pre sale with big discounts and is there a whitelist to reg for the ICO?
Pretty interested how much was sold in pre sale, and if they have a whitelist how many people are on there

sockpuppet1911

sr. member

Activity: 994

Merit: 278

Quote from: magisterr on October 29, 2017, 10:21:39 PM

We must enter our owm data in crowdsale or it is not necessary?

Yes, they are doing KYC "Know our customer" Like most of the exchanges and icos should be doing now for the legal reasons. On KYC you need to send the proof that they'll request.

Jay2408

full member

Activity: 518

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Quote from: bitcoin-shark on October 30, 2017, 06:59:21 AM

Quote from: alphashotgun on October 28, 2017, 06:16:09 AM

Quote from: SEELE^^01 on October 28, 2017, 05:09:31 AM

i think utrust can kick paypal from the throne, within some years. i am really glad that elon musk sold paypal and did not try to implement cryptocurrencies

yah! big mistake! but good for us if he did that we would not get the chance to be the part of the utrust community now

yes they do a very big mistake without implementation of cryptocurrencies paypal don t have any chance to compete with utrust ,so they soon loose supremacy in online payments...

Sooner or later paypal certainly will implement cryptos but then hopefully Utrust will have already a long-standing reputation as THE payment platform for cryptocurrencies.

rejosh

sr. member

Activity: 322

Merit: 250

Quote from: svendoto23 on October 30, 2017, 06:44:28 AM

Quote from: jonnytracker on October 27, 2017, 11:01:29 PM

We fully believe in this project and that it fills a big gap in this market. There is no commercial use for cryptocurrencies without a 3rd party service mediator such as UTRUST. Traditional online payment systems... This idea itself is enough explanation. A coin without a use case and circulation is a dead coin

The launching of ico in the utrust project is nearly approaching. We only have three more days left. The long wait is over for us and for the investors. This launch will be surely become a success.

I can’t wait for two more days so excited. I hope it won’t be sold before I make my purchase

Mystic90

full member

Activity: 154

Merit: 100

Datum day 1 seems to be a huge succes, i wonder what uTrust day 1 will look like. It could do better then datum with the marketing they did

coinstalker23

full member

Activity: 310

Merit: 114

Quote from: levyashin on October 27, 2017, 07:26:30 AM

Quote from: seek4dream on October 27, 2017, 07:22:24 AM

Cruchcrypto's review did raise some concerns, especially this part:
$3.5 million was raised during previous rounds at heavy discounts ($2 million at $0.02 per token and $1.5 million at $0.03 per token). Those participants have experienced a long lock-up period due to the delay of ICO from September 2017 to November 2017, which may cause these participants to dump their tokens below ICO price of $0.065.

The concern is based on how will their ico perform?

If they can sell all that means 3.5 m $ can't dictate the market. Even they just dump all still price can't crash.

But if they can raise 10 m $ and less yes it will become concerning.

You are right sir. The partnership between SOMA project and UTRUST project are very good tandem. And for me using soma of utrust in terms of having a safety transactions are good idea.

bitcoin-shark

hero member

Activity: 2968

Merit: 605

Quote from: alphashotgun on October 28, 2017, 06:16:09 AM

Quote from: SEELE^^01 on October 28, 2017, 05:09:31 AM

i think utrust can kick paypal from the throne, within some years. i am really glad that elon musk sold paypal and did not try to implement cryptocurrencies

yah! big mistake! but good for us if he did that we would not get the chance to be the part of the utrust community now

yes they do a very big mistake without implementation of cryptocurrencies paypal don t have any chance to compete with utrust ,so they soon loose supremacy in online payments...

stormcleric

sr. member

Activity: 308

Merit: 250

Lots of movement in Youtube lately. Utrust videos are great for explaining the project to the community and deserve a watch.

cantdecide

full member

Activity: 336

Merit: 112

Quote from: Kakumei on October 30, 2017, 05:35:16 AM

Quote from: ?? on ??

Quote from: Elkmar on October 30, 2017, 04:35:56 AM

Quote from: kaspersky15 on October 30, 2017, 12:36:50 AM

I think UTRUST will be the future payments in 2018 ii will affordable to to use UTRUST tranfering money to one another and for low cost,We will charge us only for flat 1% fee payments. Other services such as PayPal charge a flat minimum rate of 2.9%, but can go above 5% after all “hidden fees” are accounted for. thats why much better to use UTRUST payment.

It's sure that I'll speculate a lot on Utrust in 2018, could be a really good investments, even more while trading daily on it.

theres no doubt boutthe investment in utrust are great , but i agree 2018 is the start to jump up with utrusst ! this project will put in history of crypto currency!

Quote from: gliridian on October 30, 2017, 05:16:01 AM

Damn, I just keeps on getting deeper and deeper on my research to Utrust, and all that I'm thinking right now is, I want this coin to succeed! Not only because I'm invested to it. But man, if they are able to pull this thing off, being the paypal of cryptocurrencies. I think it is the beginning of a super mass adoption and beginning of the decline of fiat.

You and us both!

As stated earlier, we will onboard a few selected merchants and then scale up our platform!

Sounds like a really good plan. I really appreciate that you guys don't try to go big from start but grow with time. I could imagen that a lot of people would try to start on a big scale from start and fail hard then.

svendoto23

member

Activity: 218

Merit: 10

Quote from: FIEX on October 27, 2017, 06:36:27 AM

Cant wait to see this platform used with some merchant by the end of this year.
Also like all the videos on Youtube about Utrust! I'm sure each day there are new users coming to this community who havent heard about the project, videos like the one of UTRUST on Youtube help to understand the project.

Great work you guys are doing!

You are right sir the video that is posted in youtube was very interesting because the video explains the features and also the platforms ot the utrust project in a simple way.
I really hope that this project will reach the hard cap.

svendoto23

member

Activity: 218

Merit: 10

Quote from: jonnytracker on October 27, 2017, 11:01:29 PM

We fully believe in this project and that it fills a big gap in this market. There is no commercial use for cryptocurrencies without a 3rd party service mediator such as UTRUST. Traditional online payment systems... This idea itself is enough explanation. A coin without a use case and circulation is a dead coin

The launching of ico in the utrust project is nearly approaching. We only have three more days left. The long wait is over for us and for the investors. This launch will be surely become a success.

Kakumei

full member

Activity: 210

Merit: 100

UTRUST Community Manager

Quote from: Piggy on October 30, 2017, 06:06:13 AM

Reading more about UTRUST, in particular about the dispute resolution:

Traditional solutions such as PayPal have a lengthy waiting period of transaction resolutions while they gather evidence on both sides
independently (taking up to several months), making it a slow and painful process. We provide both a self-mediated 2-party resolution mode, and an advanced 3-party resolution dispute mechanism, enabling both parties to chat in real time, guided by one of our resolution
mediators. We make it quick and easy to sort conflicts.

This does sound like a good idea, but in reality we don't really know if it will work or what.
Was there already somebody doing it with good or better result than PayPal? If you could answer this would be appreciated. Cheesy

There isn't anyone doing buyer protection like UTRUST which is what really separates us from other payment platforms. The reason why we will have a 3-party resolution dispute mechanism is because they are experts in these situations dedicated into doing this, therefore saving time. Also merchants will build trust rating over time and be able to complete transactions faster.

Topic: UTRUST - page 337. (Read 314264 times)