Hi! What are the benefits for investors? Any dividends or coins buyback?
Hi fineles_ceo,
How will this strategic value coupling work? Each time a buyer pays with any cryptocurrency via UTRUST payment platform a percentage of the transactional fee is used to buyback UTRUST token and remove them from the market. The removed tokens will be destroyed. This will reduce the amount of UTRUST token supply further driving demand, the adoption of the platform and the value for investors. The higher the volume of transactions in the UTRUST platform, the higher the potential market value of the token. Since a percentage of the transaction fee is removed from the pool in each market transaction, the more UTRUST platform is used (with any crypto), the further the price of UTRUST appreciates, a built-in adjustment that acts as our self-correcting mechanism. If an investor decides to hold UTRUST token for the long run, though it will be subjected to exchange market fluctuations, there is a protective layer that links it to a sustainable financial platform. This so called intrinsic deflationary engine makes UTRUST not only the safest payment platform, but a great token for investment and store of value.
The amount of UTRUST tokens is projected to be reduced from the initial 1 billion to a minimum cap of 100 million, at a rate no faster than 50 million a year. This dynamic adjustment of the fee burn rate will be managed by the UTRUST platform analytics engine with the goal of balancing token supply and demand while encouraging transaction growth.
Let us know if you have any further questions and we will be more than happy to reply.
All the best,
The UTRUST Team
with this statement of the utrust team i know they will do their best to their extent that they want the utrust token will increase its value. burning supply means that increasing of value of the remaining coins in the market. for example you have 50 million tokens each token price is 1$. so you have 50 million$ dollar in total. so if you burn half of the 50 million tokens. you get 25million tokens. and he price value of each token will increase its value because you will distribute the 50million dollars$ to the 25million tokens. each tokens become 2$? correct me if im wrong? thanks in advance for the reply.
The benefits of the investors in utrust is the buyback if the transaction is not completed the investments will surely be refunded
I have a question regarding to burning coins everytime as it used as fee. So as the number of transactions increase, number of tokens in the market will decrease as far as I understand. Then lets say I'm a merchant and using Utrust, I put a price of 1000 Utrust coin (65$) to my product but it is not sold for a month and in this month, a lot of tokens are burned and now each token worths 7,5 cents. In this case do I have to update my product price manually or does Utrust manage that? Same goes when I'm buyer, as I buyer do I have to buy Utrust coin first in order to make a trade with the markets that uses Utrust platform or does it convert my dollars automatically when I make trade?
One more thing, I saw amazon's picture within your possible app interface in your white paper but couldn't find anything regarding to amazon. Have you made any agreement with them or it is just an example to show where it can be used? If it is just an example, have you got permission from amazon to promote your product by using amazon logo in your white paper?
I really would like to get answers so that I can understand properly and make an investment to this project.
Thank you for your future answer.