UTRUST - page 461. | Bitcointalksearch.org

xamil

member

Activity: 354

Merit: 11

Quote from: lionheart78 on October 08, 2017, 11:12:47 PM

Quote from: Enjorlas on October 08, 2017, 11:05:24 PM

Do you know how much have been collected so far ? The ICO is too long, too many delays, this is no good

They had private sale that collected around 2m usd and pre-ico that collected around 1.5m USD if I am not mistaken. I think they have collected a total of $3.5m from these two sales.

Thanks for the information. We just wait until the time ICO was end. the project is good and they have many good reason why they extend the date. just more patience and trust.

matjas

full member

Activity: 798

Merit: 115

Quote from: Zontop on October 09, 2017, 04:30:34 AM

This will be main focused thing for ICO round to market about their partners who will integrate this system. This is my guess because pre-ico round showed us great results and now something highly potential will be plus point to be given to investors as reason of making much more in the main round which will also be successful.

As far as I understood, partners will be tackled during the post-ICO. Whitepaper says that 20% of all post-ICO funds will be used for partner engagement - "Developing relationships with non-merchants' entities, such as exchange providers and other strategic partnerships, including possible joint ventures and incentives to drive platform adoption".
Of course, not to forget the already existing partnership with SOMA.

marketone

legendary

Activity: 1302

Merit: 1000

Quote from: toolucky98 on October 09, 2017, 02:45:58 AM

Quote from: Yasemin on October 09, 2017, 02:06:01 AM

Wow. Utrust is described as the Paypal of the digital currency on in this article https://thenextweb.com/guests/blockchain-disrupting-established-payments-platforms/#.tnw_kVrEHvTT

This looks very promising

Even if they said that utrust is the digital currency version of paypal, i think utrust is still better in providing better features and functions.

I think now it is nor the right o decide about the Utrsut because PayPal is serving people from decades. Now we have to wait for Utrust how it can handle the bundle of a transaction to the different parts of the world. We have to wait for final releases of the Utrsut and then we have decided Utrust is much better than Paypal.

johk02

newbie

Activity: 13

Merit: 0

Hi,
What is the difference between Utrust and tenx – and other projects allowing you to use your cryptos to pay.
Tenx have had quite a bad run lately.

jh

jujugoboom

sr. member

Activity: 383

Merit: 250

How much you will raise and what is the hard cap?

redhondaxrm125

full member

Activity: 266

Merit: 100

Quote from: mike0182 on October 09, 2017, 04:00:10 AM

Why did the date of the Ico appointed so late? For a month people can forget about the project ..

Lol. Look man, a project that is as awesome as this cannot be forgotten that easily. Just impossible. Let alone the fact that it just got delayed for a few weeks. The devs know what they are doing. So better not worry about that. Because you are wasting time worrying about such.

ParRus

full member

Activity: 490

Merit: 104

Quote from: the_donald on October 09, 2017, 04:55:03 AM

Quote from: pynetx on October 09, 2017, 04:39:53 AM

Quote from: autolove2 on October 09, 2017, 03:46:18 AM

So, anyone can tell me: which currencies this platform will be accept? I cant find this info

I asked the same question a few days ago but got one answer that all major ones. Not sure which are considered to be major ones.

probably the top 10 currencies on cryptomarketcap. would make sense to use the more popular.

I think all the majority, of those that are on the Poloniex exchange, although we will know for sure after a while, I think UTRUST team - as soon as they will be ready - they will make announcement

the_donald

full member

Activity: 588

Merit: 100

Quote from: pynetx on October 09, 2017, 04:39:53 AM

Quote from: autolove2 on October 09, 2017, 03:46:18 AM

So, anyone can tell me: which currencies this platform will be accept? I cant find this info

I asked the same question a few days ago but got one answer that all major ones. Not sure which are considered to be major ones.

probably the top 10 currencies on cryptomarketcap. would make sense to use the more popular.

Jay2408

full member

Activity: 518

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Quote from: pynetx on October 09, 2017, 04:39:53 AM

Quote from: autolove2 on October 09, 2017, 03:46:18 AM

So, anyone can tell me: which currencies this platform will be accept? I cant find this info

I asked the same question a few days ago but got one answer that all major ones. Not sure which are considered to be major ones.

Here's answer from dev. From a former post I understood that it depends on volume, transaction fee, etc. which currencies will be added.

Quote from: Kakumei on September 28, 2017, 02:48:28 AM

Unconfirmed, but you can expect Bitcoin, Ethereum, Litecoin, Monero and their like. We will start with 10 + URUST.

Nargiza

newbie

Activity: 34

Merit: 0

Quote from: lw75 on October 05, 2017, 03:29:53 AM

Hi all,

After superficially exploring (read-only) crypto in recent months UTRUST seems to finally be a product with tangible real-world value to it. With my interest at peak I spent time reading parts of the whitepaper and it raises questions. For starters:

If both parties do not come to terms in 7 days, the buyer has the option to escalate the claim to a mediator. In this instance, a UTRUST operator joins the chat resolution and serve as mediator and arbitrator with final say on the dispute outcome. Proceeding with an escalation will incur a fee of 2% over the amount in hold if a buyer refund is issued by the UTRUST mediator.

What I understand is that the buyer is penalized even if innocent. Is it my level of English or intelligence?

Hi, i asked it too. So the moderator will follow and decide who is wrong. Incorrect side will be penalized and other get pay back 100%

pynetx

sr. member

Activity: 798

Merit: 262

Quote from: autolove2 on October 09, 2017, 03:46:18 AM

So, anyone can tell me: which currencies this platform will be accept? I cant find this info

I asked the same question a few days ago but got one answer that all major ones. Not sure which are considered to be major ones.

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: jukKas on October 09, 2017, 04:27:15 AM

Quote from: Piggy on October 09, 2017, 02:41:02 AM

great idea this project, is there a list i can see somewhere with partner are planning to use the system?

I would also like to know this. Is there any confirmed partners allready?

Also would love to know how I can implement Utrust with webshops like Woocommerce? Is it easy like a plugin, or what's needed?'

Thanks!

They have a partnership with SOMA.
This will be a great platform, they are also working on there ICO and platform.

This will be great if they will work together.

Zontop

sr. member

Activity: 854

Merit: 256

This will be main focused thing for ICO round to market about their partners who will integrate this system. This is my guess because pre-ico round showed us great results and now something highly potential will be plus point to be given to investors as reason of making much more in the main round which will also be successful.

jukKas

full member

Activity: 364

Merit: 100

Quote from: Piggy on October 09, 2017, 02:41:02 AM

great idea this project, is there a list i can see somewhere with partner are planning to use the system?

I would also like to know this. Is there any confirmed partners allready?

Also would love to know how I can implement Utrust with webshops like Woocommerce? Is it easy like a plugin, or what's needed?'

Thanks!

mike0182

full member

Activity: 420

Merit: 136

Quote from: 2012 on October 09, 2017, 04:04:51 AM

Quote from: mike0182 on October 09, 2017, 04:00:10 AM

Why did the date of the Ico appointed so late? For a month people can forget about the project ..

Nobody will forget about this promising project look over the result of pre-ICO why do you think like this. The team will make with more better strategy to launch main ICO round. I think this is good decision to arrange the stuff in due time.

Perhaps you are right, but for this they will have to spend a lot of money on marketing..

mike0182

full member

Activity: 420

Merit: 136

Quote from: autolove2 on October 09, 2017, 03:46:18 AM

So, anyone can tell me: which currencies this platform will be accept? I cant find this info

in their whitepaper the following is said:

Quote

When the buyer selects UTRUST as a payment
method, we can choose to use funds from any
of his existing cryptocurrency wallets as
source of funds (e.g.: Bitcoin, Ethereum
address), or use his UTRUST funds. If he/she
has not created an account with us at this
stage, he/she can do so now or just proceed
and pay.

Quote

The buyer completes the transaction and the
amount is sent to UTRUST. Our UTRUST
system converts the cryptocurrency amount to fiat and holds it in escrow until
its released to the seller. The specific duration of this hold period will vary
depending on the merchant performance history

2012

legendary

Activity: 1526

Merit: 1003

Quote from: mike0182 on October 09, 2017, 04:00:10 AM

Why did the date of the Ico appointed so late? For a month people can forget about the project ..

Nobody will forget about this promising project look over the result of pre-ICO why do you think like this. The team will make with more better strategy to launch main ICO round. I think this is good decision to arrange the stuff in due time.

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: Mystic90 on October 08, 2017, 11:36:19 PM

Quote from: Trrrt on October 08, 2017, 06:56:44 PM

Yes UTRUST has great argument to take a big part of the online payment market. PayPal has nothing to counter the potential of utrust. The project will revolutionate the online payment market with his platform.

I think its a mistake to see Paypal as the main competitor that UTRUST will put out of the market. Paypal has a marketcap of 79 Billion, there is no way any project will just kick them aside. They have money, brand name, marketing, a HUGE team of people who can work to improve Paypal every day.
In the early days of Bitcoin people were saying it would replace the USD or Dollar, that is a myth.

However if Utrust can find its own place, in a space where there is demand and no supply yet (like an easy way to perform crypto payments) it can grow from there! Lets say some people prefer to pay with crypto
over fiat. Then if Utrust can take away 1% of the transactions that paypal does, it would be a HUGE win for Utrust

I agree, in the beginning UTrust can't just appear and replace PayPal instantly. But the more crypto currencies find a wider acceptance in the public, the more shares in the market can UTrust get. On the other hand the more UTrust is offered as a payment option, the more people will hear about cryptos and think about paying with them.

alphashotgun

full member

Activity: 154

Merit: 100

Quote from: mike0182 on October 09, 2017, 04:00:10 AM

Why did the date of the Ico appointed so late? For a month people can forget about the project ..

there where rumours about a demo version that might be the reason

mike0182

full member

Activity: 420

Merit: 136

Why did the date of the Ico appointed so late? For a month people can forget about the project ..

Topic: UTRUST - page 461. (Read 314264 times)