Topic: UTRUST - page 397. (Read 314264 times)
After the fork it will be a good time for ico, people will invest more in altcoin and ico, and Utrust has a great hype these day, and the project deserve it with that kind of potential it’s normal that people want to enter in the project. I’m impatient to start to use the Utrust paltform.
https://utrustofficial.typeform.com/to/YMCzvS there are official survey from UTRUST if you US citizen and interested in ICO. I just saw on twitter so posting here so more community can participate from USA
It's strange how the price goes with Monetha, they really got dumped!
Is it because everyone knows that UTRUST will be a much stronger platform or because of the forks now?
I like UTRUST and I'm sure they will have a great working platform, I just found it strange how Monetha is evolving.
Really hope the price of UTRUST will be more stable in this market.
Is it because everyone knows that UTRUST will be a much stronger platform or because of the forks now?
I like UTRUST and I'm sure they will have a great working platform, I just found it strange how Monetha is evolving.
Really hope the price of UTRUST will be more stable in this market.
Even though I don't know Monetha I guess the reason for the dump isn't only because it gets a competitor with UTrust but more likely the upcoming BTC fork. A lot of alts dropped over the last days.
Yes, the best time is right now. After full confirmation that the fork is successful, you can expect a continued rise to new highs.
It's strange how the price goes with Monetha, they really got dumped!
Is it because everyone knows that UTRUST will be a much stronger platform or because of the forks now?
I like UTRUST and I'm sure they will have a great working platform, I just found it strange how Monetha is evolving.
Really hope the price of UTRUST will be more stable in this market.
Is it because everyone knows that UTRUST will be a much stronger platform or because of the forks now?
I like UTRUST and I'm sure they will have a great working platform, I just found it strange how Monetha is evolving.
Really hope the price of UTRUST will be more stable in this market.
Even though I don't know Monetha I guess the reason for the dump isn't only because it gets a competitor with UTrust but more likely the upcoming BTC fork. A lot of alts dropped over the last days.
they got some notes tho, like the technology and the idea is great but yet their TOKEN I can't see a major benefit of it?? why do I need this TOKEN? forget about the technology, another thing is 1 Billion is kinda lot ~
Because transactions using the UTRUST token will be converted internally and will benefit of zero exchange fee within the UTRUST platform. Also UTRUST token supply will decrease overtime because a perntage of transaction fees will be used to buy the token on exchanges (an these tokens will be burned)
yeah right , but they have a limit, only 50 million tokens burned per year so there's a limit on it, and I don't like that limit, cuz if there wasn't a limit and it would like immediately become super popular
perhaps burn every month and not based on the 1% to give to investors more value for what they put in bcuz they will earn a lot anyway with that platform
look at Paypal they earn alot, well this company will certainly will earn alot if it goes big just by the fees.
I wonder how the system will function when most of the tokens are burned. Will they release new tokens from another smart contract?
With all the regulation news surrounding Bitcoin recently and governments cracking down on crypto, does UTRUST have any idea how to deal with tax on payments?
For example, depending on the location, transactions between customers and businesses are subject to value added tax or sales tax.
For example, depending on the location, transactions between customers and businesses are subject to value added tax or sales tax.
The seller will receive payments in fiat money. I think the taxation will be in the usual way. If he received in the crypto currency, then there would be difficulties.
With all the regulation news surrounding Bitcoin recently and governments cracking down on crypto, does UTRUST have any idea how to deal with tax on payments?
For example, depending on the location, transactions between customers and businesses are subject to value added tax or sales tax.
For example, depending on the location, transactions between customers and businesses are subject to value added tax or sales tax.
It's strange how the price goes with Monetha, they really got dumped!
Is it because everyone knows that UTRUST will be a much stronger platform or because of the forks now?
I like UTRUST and I'm sure they will have a great working platform, I just found it strange how Monetha is evolving.
Really hope the price of UTRUST will be more stable in this market.
Is it because everyone knows that UTRUST will be a much stronger platform or because of the forks now?
I like UTRUST and I'm sure they will have a great working platform, I just found it strange how Monetha is evolving.
Really hope the price of UTRUST will be more stable in this market.
Even though I don't know Monetha I guess the reason for the dump isn't only because it gets a competitor with UTrust but more likely the upcoming BTC fork. A lot of alts dropped over the last days.
they got some notes tho, like the technology and the idea is great but yet their TOKEN I can't see a major benefit of it?? why do I need this TOKEN? forget about the technology, another thing is 1 Billion is kinda lot ~
Because transactions using the UTRUST token will be converted internally and will benefit of zero exchange fee within the UTRUST platform. Also UTRUST token supply will decrease overtime because a perntage of transaction fees will be used to buy the token on exchanges (an these tokens will be burned)
yeah right , but they have a limit, only 50 million tokens burned per year so there's a limit on it, and I don't like that limit, cuz if there wasn't a limit and it would like immediately become super popular
perhaps burn every month and not based on the 1% to give to investors more value for what they put in bcuz they will earn a lot anyway with that platform
look at Paypal they earn alot, well this company will certainly will earn alot if it goes big just by the fees.
It's strange how the price goes with Monetha, they really got dumped!
Is it because everyone knows that UTRUST will be a much stronger platform or because of the forks now?
I like UTRUST and I'm sure they will have a great working platform, I just found it strange how Monetha is evolving.
Really hope the price of UTRUST will be more stable in this market.
Is it because everyone knows that UTRUST will be a much stronger platform or because of the forks now?
I like UTRUST and I'm sure they will have a great working platform, I just found it strange how Monetha is evolving.
Really hope the price of UTRUST will be more stable in this market.
Even though I don't know Monetha I guess the reason for the dump isn't only because it gets a competitor with UTrust but more likely the upcoming BTC fork. A lot of alts dropped over the last days.
they got some notes tho, like the technology and the idea is great but yet their TOKEN I can't see a major benefit of it?? why do I need this TOKEN? forget about the technology, another thing is 1 Billion is kinda lot ~
Because transactions using the UTRUST token will be converted internally and will benefit of zero exchange fee within the UTRUST platform. Also UTRUST token supply will decrease overtime because a perntage of transaction fees will be used to buy the token on exchanges (an these tokens will be burned)
Yes the comparaison with PayPal is accurate, but Utrust is not a copy of paypal, Utrust has a lot of features, and especially, Utrust will profit of the crypto market. Crypto users are more and more each days, and Utrust will be the major online payment platform for us.
You are right sir, maybe others compare utrust in paypal because of some similarities of both projects but there are some features that the utrust have and paypal dont have. 
I'm a fan of the commitment I see here. Let's see where it takes us 
I can see the success for the utrust project. I am also a fan of this platform i was amazed by the charaxteristics of utrust
Really a very busy Segment due to all the noise made by the revolutionary and exciting ICO, but this is also given to the great interest of investors at that time, there is a great investment in advertising and a great space conquered. It pays to be together when Utrust comes to fruition
This is what investors are searching for. A very busy and a noisy community where there are a lots of supporters of this project. Lots of interest was given to this project as we know that this platform will be the very first in the crypto world.
honestly dear it is not the very first one on the market
there is already monetha project.here a little comparison between utrust and monetha, i posted earlier and imo, everyone should pin this
Quote
The Monetha Team: - Small and not even a single software engineer
The UTRUST Team: - Large and with a highly technical background
Monetha Whitepaper: - Confusing and hard to understand if this is something really needed
UTRUST Whitepaper: - Very clear to understand the model just by glancing at the paper summary
Monetha fees for seller: - 1.5%
UTRUST fees for seller: - 1%
Monetha Concept: - Simplistic view and solves no intrinsic problem.
UTRUST Concept: - Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesn’t exist. Can be easily used by merchants and private sellers alike.
Monetha accepts: - Just ETH.
UTRUST accepts: - All major cryptocurrencies.
Monetha adoption by merchants: - Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants: - Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.
Monetha adoption by buyers: - Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers: - Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.
If you pay with Monetha and a vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.
they got some notes tho, like the technology and the idea is great but yet their TOKEN I can't see a major benefit of it?? why do I need this TOKEN? forget about the technology, another thing is 1 Billion is kinda lot ~
It's strange how the price goes with Monetha, they really got dumped!
Is it because everyone knows that UTRUST will be a much stronger platform or because of the forks now?
I like UTRUST and I'm sure they will have a great working platform, I just found it strange how Monetha is evolving.
Really hope the price of UTRUST will be more stable in this market.
Is it because everyone knows that UTRUST will be a much stronger platform or because of the forks now?
I like UTRUST and I'm sure they will have a great working platform, I just found it strange how Monetha is evolving.
Really hope the price of UTRUST will be more stable in this market.
Even though I don't know Monetha I guess the reason for the dump isn't only because it gets a competitor with UTrust but more likely the upcoming BTC fork. A lot of alts dropped over the last days.
Really a very busy Segment due to all the noise made by the revolutionary and exciting ICO, but this is also given to the great interest of investors at that time, there is a great investment in advertising and a great space conquered. It pays to be together when Utrust comes to fruition
This is what investors are searching for. A very busy and a noisy community where there are a lots of supporters of this project. Lots of interest was given to this project as we know that this platform will be the very first in the crypto world.
honestly dear it is not the very first one on the market
there is already monetha project.here a little comparison between utrust and monetha, i posted earlier and imo, everyone should pin this
Quote
The Monetha Team: - Small and not even a single software engineer
The UTRUST Team: - Large and with a highly technical background
Monetha Whitepaper: - Confusing and hard to understand if this is something really needed
UTRUST Whitepaper: - Very clear to understand the model just by glancing at the paper summary
Monetha fees for seller: - 1.5%
UTRUST fees for seller: - 1%
Monetha Concept: - Simplistic view and solves no intrinsic problem.
UTRUST Concept: - Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesn’t exist. Can be easily used by merchants and private sellers alike.
Monetha accepts: - Just ETH.
UTRUST accepts: - All major cryptocurrencies.
Monetha adoption by merchants: - Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants: - Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.
Monetha adoption by buyers: - Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers: - Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.
If you pay with Monetha and a vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.
https://www.youtube.com/watch?v=dE5j709dm_g
please, someone, watch this video of this guy and compare it with UTRUST ICO, I'm kinda newbie, but I think the guy in this video made really good points , and gave a Great sensible advice
he said an interesting line and I quote: "Don't just invest in tech but in people and leader"
so plz could you see the video and tell us what do you think?
thanx aloot
please, someone, watch this video of this guy and compare it with UTRUST ICO, I'm kinda newbie, but I think the guy in this video made really good points , and gave a Great sensible advice
he said an interesting line and I quote: "Don't just invest in tech but in people and leader"
so plz could you see the video and tell us what do you think?
thanx aloot
Really a very busy Segment due to all the noise made by the revolutionary and exciting ICO, but this is also given to the great interest of investors at that time, there is a great investment in advertising and a great space conquered. It pays to be together when Utrust comes to fruition
This is what investors are searching for. A very busy and a noisy community where there are a lots of supporters of this project. Lots of interest was given to this project as we know that this platform will be the very first in the crypto world.
honestly dear it is not the very first one on the market
there is already monetha project.here a little comparison between utrust and monetha, i posted earlier and imo, everyone should pin this
Quote
The Monetha Team: - Small and not even a single software engineer
The UTRUST Team: - Large and with a highly technical background
Monetha Whitepaper: - Confusing and hard to understand if this is something really needed
UTRUST Whitepaper: - Very clear to understand the model just by glancing at the paper summary
Monetha fees for seller: - 1.5%
UTRUST fees for seller: - 1%
Monetha Concept: - Simplistic view and solves no intrinsic problem.
UTRUST Concept: - Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesn’t exist. Can be easily used by merchants and private sellers alike.
Monetha accepts: - Just ETH.
UTRUST accepts: - All major cryptocurrencies.
Monetha adoption by merchants: - Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants: - Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.
Monetha adoption by buyers: - Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers: - Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.
If you pay with Monetha and a vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.
Quote
They will remove unfair trading system and fees as far as the consumer/buyer protection and welfare is concerned.
No. they will have fees. But fees will be less, than in other services (only 1%)
and whith utrust tokens there are zero fees i guess
Lets just hope the fees are not as high compared to others.
They are not as high. As mentioned 1% for other currencies and zero fees for the UTrust tokens.
This is the reason why this is a long hold project for me.
I think 1% is high because some are just charging a decimal percent for the transaction fee. well It will depend on the dev on how they will use the transaction fee.
The transaction fees already included in that 1%, utrust is giving the final fee in total, the conversion fees are in a different amount of course, except for utrust, which there is not conversion fee, this is way better than paypal and other online wallets.
Project's process seems good. Online payment subject is always problem with cheaters. And I think if they can build strong substructure, they attrack attention of bankers.
Cheaters, drug dealers, money laundering, it happens with fiat currencies, why is it weird when it happens with bitcoin and other crypto currencies? I hope the development of Utrust will help to win peoples trust in cryptocurrencies even more
UTrust when meet with huge success will be an important contribution to crypto and blockchain. Crypto people needs to do something because fraud is increasing and making crypto its safe haven.
I'm mostly interested for the fact that you can directly spend your crypto. that's the main feature for me.
for me its definitely the low fees what im interested in. And directly spending crypto has ofcourse very high importance
UTRUST has several unique points, like low fees, payment with some of the major crytocurrencies + buyer protection which makes it attractive to a lot of people, no matter which feature they like most.
UTRUST combined with cryptocurrencies is a huge deal, every crypto has its own supporters and users, UTRUST is like bringing all the cryptocurrencies in one world.
I don't think they will accept all ALTS, probably only the top 10 to begin with.
But there is definitely a big market available.
Now let's convince all our peers to buy crypto and spend it via UTRUST
The top ten to begin with... probably not. I believe we'll be lucky to use BTC and maybe ETH at first. Implementing other alts is time and support consuming and not very profitable given their rather small markets compared to other currencies.
But didn't they already confirm that they want to support around 10 cryptos + UTrust token at the beginning? I thought I read it some time ago in this thread.
I also have'nt read that yet. Devs are working hard and preparing for the ICO lets just wait for their furthur announcement about the supported tokens.
I found you the post where Kakumei said that there will probably around 10 cryptos supported:
Utrust will support some specific cryptocurrencies or all of them will work?
Unconfirmed, but you can expect Bitcoin, Ethereum, Litecoin, Monero and their like. We will start with 10 + URUST.
NICE ICO
yes this great project and ICO will be complete task very fast. if you see community of this threat really progressively going on moon.
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