With this project,selling and buying stuff will be easier.It's 21 century now.Nice one. I'm looking forward for the upcoming ICO.
Correct!. UTRUST aims to address issues that occurs on previous payment platforms for the benefit of its end users.
Topic: UTRUST - page 468. (Read 314264 times)
Correct!. UTRUST aims to address issues that occurs on previous payment platforms for the benefit of its end users.
Waiting forward upcoming ICO. I hope that everything will be ok and law regulations in China will not disturb developing this promising project!
Good luck guys!
Good luck guys!
Ok, so it's now announced that ICO starts on November 2nd at 2PM UTC. But why so much delay? Why the ICO could not start in october?
Due to ISU from china yesterday I think november is the right time to start ICO, because all will return to normal in novemberWhat you mean? Now ETH and BTC have a higher price for this 2 mounth... After hard fork who knows what will be...
I think, they made some parthnership in this time and may be will realese demo?
I dont complain, i prefer a a bit delayed but successful ico instead of a cancelled ico for such a project. even there are many leaks about fork issue and bearish trend for this month. So maybe not so many investor would be able to join it. We can wait a bit more no problem.
As far as I understood if you use UTrust tokens you don't pay merchant fees, only eth network fees (this is normal, you need to spend gas to move your tokens, always)
I understood the same way. It was said by dev, and it is a logical decision. You can't do it free because of ethereum chain needs a fee, so it is a good solution.
Thats how you assure circulation of Utrust tokens and make its value grow. Devs had to make their tokens more attractive to use and that is the best way to do it, but like you said, you cant trade with ETH token without network fees.
very bery excited to join the upcoming ico amd follow this project. have great hopes for it
Anyone want to speculate what their partnership announcements will be? Amazon would be cool.
Who knows? Maybe ebay, alibaba, olx and the rest too will partner with Utrust. It is not just the buyer/seller protection they provide they also give performance-based ratings to sellers which is good for both sellers buyers. The moment buyers see the 5star ratings of sellers, it means trust for the sellers which good for them too. Alibaba would be a great partner for UTRUST considering it is a very big company that can even surpass Amazon and has a wide user base in Asia.
At the moment, these huge companies do not need such payment aggregators, as ULTRUST. So it is doubtful such cooperation in the near future. If ULTRUST shows its convenience for customers, it will reach a mass audience, then undoubtedly they will cooperate. But this can take years. Probably at the best 3-4 years I think.
It is a very possible that UTRUST will have a competitor offering same payment features, but it is very important that UTRUST gathered a large user base first compared to its competitors in order to be the leader in online payment platforms.
Your rough estimation was quite close into reality from 3-4 years. Utrust already know that those competitors are well established already, however, its not a hindrance for them because they're services is much more in lower percentage compare to their competitors to get the
attention of others to avail it.
As far as I understood if you use UTrust tokens you don't pay merchant fees, only eth network fees (this is normal, you need to spend gas to move your tokens, always)
Ok, that is a great idea but people are waiting for the ICO. Did they announce for the ICO when they are going the Start the ICO? I think Utrust tokens will be sold very fastly because it is building a lot of trust in the community.
https://twitter.com/UTRUST_Official/status/916354025502724097
I also hope this project can sold out very fastly as AirToken project recently.
Why ICO was postponed to November 2? Still waiting for a month almost 
they partnered with the soma project, therefore had to reshedule everything and start the ico a little bit later. imo this is great news and will add more new investors into this project.
lets wait and stay patient on this ico
Ok, so it's now announced that ICO starts on November 2nd at 2PM UTC. But why so much delay? Why the ICO could not start in october?
Due to ISU from china yesterday I think november is the right time to start ICO, because all will return to normal in novemberThat was also my first thought: why so late?
I think they are delaying it because of all that fud from china
And I think they are working on a demo that can be launched right before the ICO and that got some delays (I hope they are building a demo :p)
yes! i hope they build up a demo too. In my opinion delaying dates is not good for credibility at all. BUT a demo which proofes that the project is good would calm down everything and provides motivation to pump the project for maybe a few more big investors
As far as I understood if you use UTrust tokens you don't pay merchant fees, only eth network fees (this is normal, you need to spend gas to move your tokens, always)
Ok, that is a great idea but people are waiting for the ICO. Did they announce for the ICO when they are going the Start the ICO? I think Utrust tokens will be sold very fastly because it is building a lot of trust in the community.
I'm excited to see the mediated chat mode being utilized for the efficient resolution of disputes. I think its a great feature from UTRUST.
If understood correctly the whitepaper explains that in such dispute buyer is going to carry the weight by paying 2% mediation cost to UTRUST. Now imagine a large amount of value involved.. Not a pretty perspective to say the least.
I asked UTRUST what a strange policy they plan on using here but have not received an answer. Also nobody but one responded to my earlier post about it. Did anyone really take it in and have an opinion? Not a biggie to you?
And as their mediator is probably a real person it will be interesting to know what guidelines they follow and over time the reputation of dispute outcomes. Things like human error, benefit of doubt and partiality come to mind. I'm just curious how UTRUST is going to effectively protect buyers and not make money quite literally off their backs. Honestly, I wonder if Paypal had this exact policy implemented where a buyer pays mediation fee, would they be a great deal less popular.
Penny for your thoughts..
As far as I understood if you use UTrust tokens you don't pay merchant fees, only eth network fees (this is normal, you need to spend gas to move your tokens, always)
Ok, that is a great idea but people are waiting for the ICO. Did they announce for the ICO when they are going the Start the ICO? I think Utrust tokens will be sold very fastly because it is building a lot of trust in the community.
Yes they already announced the starting date both here in this thread and on their website! ICO will beginn on Nov 2nd at 2PM UTC.
As far as I understood if you use UTrust tokens you don't pay merchant fees, only eth network fees (this is normal, you need to spend gas to move your tokens, always)
I understood the same way. It was said by dev, and it is a logical decision. You can't do it free because of ethereum chain needs a fee, so it is a good solution.
This project is promising, for example paypal charges us 3-5% more whenever you pay.. Utrust will have lower fees. That is already an advantage another thing that got my attention is many cryptos are accepted, btc and eth and as they said your favorite coin, lol.
Kudos to the team! looking forward to this project.
Kudos to the team! looking forward to this project.
I Think it has Real projects, Real value, and great investment This is the tokens that will grow in the Future. Proven by solid investors .
They provide the seller and buyer with low exchange fees when using advanced analytics, which connects to several crypto currency exchange providers. Services such as PayPal and bitpay provide an extremely high domestic exchange rate.
Good luck to all!
The project is large and has many useful features.Good luck to all!
this is incredible and has a great chance of success in the future.
thanks for your information.
They provide the seller and buyer with low exchange fees when using advanced analytics, which connects to several crypto currency exchange providers. Services such as PayPal and bitpay provide an extremely high domestic exchange rate.
Good luck to all!
Good luck to all!
Why ICO was postponed to November 2? Still waiting for a month almost
It was not postponed, it was scheduled. The Utrust team had made an announcement about changing the date and ICO structure way back month ago. They believe that if they will follow the old system, whales will definitely snatch the early stage ICO and leave the normal investors with the last stage of ICO(whales getting the cheaper token and normal investors the higher priced one). Aside from that announcing it a month before the ICO will enable investors to gather fund before the set date.
Which whales you mean? On pre-sale or ICO? They ll have fixed price during ICO - 0.065$ per token.
Hello!
Unlike traditional payment systems that most of the times delay the approval of payments due to high risk of fraud, and require submission of countless documents, we approve payments immediately and make the process hassle-free for both parties (buyer & seller).
All good day and good luck!
Unlike traditional payment systems that most of the times delay the approval of payments due to high risk of fraud, and require submission of countless documents, we approve payments immediately and make the process hassle-free for both parties (buyer & seller).
All good day and good luck!
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