UTRUST - page 463. | Bitcointalksearch.org

Enjorlas

hero member

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Quote from: dukektm on October 08, 2017, 11:46:09 PM

Quote from: Enjorlas on October 08, 2017, 11:35:09 PM

But nowadays this type of promotion is so big, you never know how many Telegram members are real too, but i guess seeing fake supporters talk about the project can help having real supporters

Well, I agree that is why it is called promotion, they need to bring real supporters to the project. Though I do not think these are fake supporters since they are giving their time and effort to spread news and awareness about UTRUST. Oh well, let us just see how UTRUST will perform on its ICO day.

Except these secret campaigns pay people to talk about the project doing meaningful posts so it's difficult to know which is a true supporter...
Yes we will see, if all these supporters are real, they should reach their hardcap in few days

MarisV

newbie

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Hope this will be succesfull project. couse are intrested in nearest future to contact

Mystic90

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Activity: 154

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Quote from: chichidori on October 08, 2017, 11:41:50 PM

Quote from: pynetx on October 08, 2017, 11:17:40 PM

I never liked paypal due to it's centralized nature. I will be using utrust heavily as I want to spend my cryptos directly rather than converting them into bitcoin and then sell them for FIAT which is very tedious process.

Actually there are already a platform that instantly convert you crypto to USD when making a purchased monaco and centra have already done that, the question is can we use it worldwide? Utrust is aiming to be a payment processor for crypto user, but before we can call it a payment processors it needs a merchant.

And its getting more difficult every day to convince merchants to accept your Token. Would love to know how UTRUST will market themselfs to be accepted by merchants. Is there a specific region you are focussing on first? It seems like that worked for OMG tokens to focus on SE Asia first.

dukektm

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Quote from: Enjorlas on October 08, 2017, 11:35:09 PM

But nowadays this type of promotion is so big, you never know how many Telegram members are real too, but i guess seeing fake supporters talk about the project can help having real supporters

Well, I agree that is why it is called promotion, they need to bring real supporters to the project. Though I do not think these are fake supporters since they are giving their time and effort to spread news and awareness about UTRUST. Oh well, let us just see how UTRUST will perform on its ICO day.

chichidori

legendary

Activity: 1694

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Quote from: pynetx on October 08, 2017, 11:17:40 PM

I never liked paypal due to it's centralized nature. I will be using utrust heavily as I want to spend my cryptos directly rather than converting them into bitcoin and then sell them for FIAT which is very tedious process.

Actually there are already a platform that instantly convert you crypto to USD when making a purchased monaco and centra have already done that, the question is can we use it worldwide? Utrust is aiming to be a payment processor for crypto user, but before we can call it a payment processors it needs a merchant.

studio1one

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BintexFutures

Would like to get a confirmation regarding the ICO start date/month So Is the ICO starting in October '17 or November '17

Mystic90

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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

Enjorlas

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Quote from: dukektm on October 08, 2017, 11:31:46 PM

Quote from: Enjorlas on October 08, 2017, 11:18:21 PM

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.

Not bad, really not bad but this seems to a bit small for an ICO so popular, the number of posts here sounds suspicious, maybe a bit artificial, i heard about groups you can pay to have hundreds of posts in your thread

Does not matter I guess you can join telegram and see their 2000+ member in there 🙂. If you ever read the conversation , FOMO is building up in that groups atmosphere 🙂 And I really like the teams attitude towards members, they are so patient and keep on answering questions even if it was asked several times.

But nowadays this type of promotion is so big, you never know how many Telegram members are real too, but i guess seeing fake supporters talk about the project can help having real supporters

dukektm

hero member

Activity: 690

Merit: 500

Quote from: Enjorlas on October 08, 2017, 11:18:21 PM

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.

Not bad, really not bad but this seems to a bit small for an ICO so popular, the number of posts here sounds suspicious, maybe a bit artificial, i heard about groups you can pay to have hundreds of posts in your thread

Does not matter I guess you can join telegram and see their 2000+ member in there 🙂. If you ever read the conversation , FOMO is building up in that groups atmosphere 🙂 And I really like the teams attitude towards members, they are so patient and keep on answering questions even if it was asked several times.

Enjorlas

hero member

Activity: 788

Merit: 1000

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.

Not bad, really not bad but this seems to a bit small for an ICO so popular, the number of posts here sounds suspicious, maybe a bit artificial, i heard about groups you can pay to have hundreds of posts in your thread

pynetx

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Activity: 798

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Quote from: greatteager on October 08, 2017, 05:55:44 PM

Quote from: the_donald on October 08, 2017, 01:51:56 PM

Quote from: Rigorous on October 08, 2017, 01:40:32 PM

Quote from: xbl1008 on October 08, 2017, 01:26:54 PM

Quote from: Rigorous on October 08, 2017, 01:18:22 PM

Quote from: xbl1008 on October 08, 2017, 01:11:57 PM

what will happen if ever a dispute between the parties involve with the sale of goods for example the buyer cancels the order from the seller? will utrust hold such payment for this kind of scenario that could occur?

On page 18 of the whitepaper it says the buyer has to pay an escalation fee of 2% over the amount in hold if a buyer refund is issued by the UTRUST mediator. Additionally the buyer's rating is downgraded.

wow this is a good feature that utrust had design with its payment platform this will prevent such bogus buyers from tripping the good sellers

Exactly. PayPal has inflicted a world of hurt upon good sellers for years. Here comes UTRUST to turn the tide. And even in case of an escalation fee UTRUST may come out cheaper for buyers than PayPal.

It's why I love competition so much. if one company screws it's customers, there are others that will take them in and treat them right.

In a year, PayPal will have to change his terms, otherwise they will lose customers who will join to Utrust.

I never liked paypal due to it's centralized nature. I will be using utrust heavily as I want to spend my cryptos directly rather than converting them into bitcoin and then sell them for FIAT which is very tedious process.

lionheart78

legendary

Activity: 2954

Merit: 1153

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.

dukektm

hero member

Activity: 690

Merit: 500

Quote from: lionheart78 on October 08, 2017, 10:46:31 PM

Anyway was reading the chat in slack and I found this, stated by Nuno last Aug. 28

Quote

nuno [4:50 PM]
@U6V4LK4NS @igorshumilo1991 If you compare UTRUST tokens with the majority of tokens for example Bitcoin increases in supply UTRUST tokens decreases. UTRUST tokens have their own platform and can be spent there and exchanged with zero fee. In essence we are confident that if compered with other tokens ours has a platform and business model behind it that will protect its value

This is the beauty of UTRUST and a huge difference from paypal. Utrust token number is decreasing meaning, your UTRUST holdings will increase in price value, even beats Bitcoin fixed supply.

Having no fee in the platform is a great way to save money. Just look how much we can save if we use Utrust platform and buy items with Utrust token

Enjorlas

hero member

Activity: 788

Merit: 1000

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

lionheart78

legendary

Activity: 2954

Merit: 1153

Anyway was reading the chat in slack and I found this, stated by Nuno last Aug. 28

Quote

nuno [4:50 PM]
@U6V4LK4NS @igorshumilo1991 If you compare UTRUST tokens with the majority of tokens for example Bitcoin increases in supply UTRUST tokens decreases. UTRUST tokens have their own platform and can be spent there and exchanged with zero fee. In essence we are confident that if compered with other tokens ours has a platform and business model behind it that will protect its value

This is the beauty of UTRUST and a huge difference from paypal. Utrust token number is decreasing meaning, your UTRUST holdings will increase in price value, even beats Bitcoin fixed supply.

toolucky98

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Activity: 490

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Quote from: rchstr on October 08, 2017, 07:50:23 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 paypal and UTrust is just the same the only difference is Utrust is using the technology of blockchain which is very much ahead on what paypal uses.

It isnt only about that, utrust provide some benefit that paypal doesnt have, and of them is lower fee.

lionheart78

legendary

Activity: 2954

Merit: 1153

Quote from: rchstr on October 08, 2017, 07:50:23 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 paypal and UTrust is just the same the only difference is Utrust is using the technology of blockchain which is very much ahead on what paypal uses.

There is a huge difference between paypal and UTRUST. Paypal does not offer protection to seller, all they have is just buyer protection and they chargedback once the client complain making the seller lose the sales. While Utrust since they are using cryptocurrency assure the seller that they got the payment since cryptocurrency transaction have no charge back the seller. Besides, UTRUST balance the protection between seller and buyer with its system.

windreamteam

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Utrust is based in Switzerland, a country that makes dream and sends dream, platform to aim to create an api of payment on paypal for payments in cryptocurrency !! This will allow sellers to reach the cryptocurrency holders.

magisterr

sr. member

Activity: 1372

Merit: 259

Fixed fees - its a good for customers. Ecpesially this is very provitable for small transaction (like 5 or 10$)

Quote

Low fees - We provide lower fees than other ecommerce platforms for sellers - 1% of the transaction amount. Connection to multiple exchange providers and smart analytics ensures the lowest possible exchange fees for the buyer sending the payment

xamil

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Quote from: greatteager on October 08, 2017, 05:55:44 PM

Quote from: the_donald on October 08, 2017, 01:51:56 PM

Quote from: Rigorous on October 08, 2017, 01:40:32 PM

Quote from: xbl1008 on October 08, 2017, 01:26:54 PM

Quote from: Rigorous on October 08, 2017, 01:18:22 PM

Quote from: xbl1008 on October 08, 2017, 01:11:57 PM

what will happen if ever a dispute between the parties involve with the sale of goods for example the buyer cancels the order from the seller? will utrust hold such payment for this kind of scenario that could occur?

On page 18 of the whitepaper it says the buyer has to pay an escalation fee of 2% over the amount in hold if a buyer refund is issued by the UTRUST mediator. Additionally the buyer's rating is downgraded.

wow this is a good feature that utrust had design with its payment platform this will prevent such bogus buyers from tripping the good sellers

Exactly. PayPal has inflicted a world of hurt upon good sellers for years. Here comes UTRUST to turn the tide. And even in case of an escalation fee UTRUST may come out cheaper for buyers than PayPal.

It's why I love competition so much. if one company screws it's customers, there are others that will take them in and treat them right.

In a year, PayPal will have to change his terms, otherwise they will lose customers who will join to Utrust.

Yes, i think so.Because there are lot of advantages of utrust than paypal. Good cotumers find a good quality of where they invest.And the utrust have lots of good quality than paypal. One of the thing that investors want is the security that utrust can give to them.

Topic: UTRUST - page 463. (Read 314264 times)