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Topic: UTRUST - page 489. (Read 314264 times)

full member
Activity: 154
Merit: 100
October 04, 2017, 11:35:02 PM
Congratulations on the collaboration with the SOMA project. It's always good if two projects can benefit from each other and help each other grow. I assume you
have figured this out and found the right match in each other !
sr. member
Activity: 798
Merit: 262
October 04, 2017, 11:27:19 PM
PayPal gives security to the users, that's why its so popular. But so does UTRUST.

What gives Utrust the advantage is that its CRYPTO. And as we can all agree in this forum, a working solution in crypto, is better than any other working solution, in fiat.  Grin

Paypal actually still charges a lot for international transfers, a bit less than direct credit, debit card transactions. Since crypto is global, this is another point where utrust will beat paypal, with their 1% fees.

Yes, right now lack of an easy way to spend the crypto is holding back many crypto holders. utrust can remove this limitation and open new doors of possibilities.
sr. member
Activity: 554
Merit: 251
October 04, 2017, 11:14:13 PM
PayPal gives security to the users, that's why its so popular. But so does UTRUST.

What gives Utrust the advantage is that its CRYPTO. And as we can all agree in this forum, a working solution in crypto, is better than any other working solution, in fiat.  Grin

Paypal actually still charges a lot for international transfers, a bit less than direct credit, debit card transactions. Since crypto is global, this is another point where utrust will beat paypal, with their 1% fees.
sr. member
Activity: 1022
Merit: 256
October 04, 2017, 11:05:50 PM
I still didnt find out if you will be able to use also old fashioned fiat when using Utrust for payments or they are strictly focused on cryptocurrencies? This would make it a perfect payment platform.

It doesn't make much sense to me pay with fiat trough UTrust! Or else what's the point of using it? With fiat I'll use PayPal and with cryptos UTrust

I don't understand why would it be bad for offering both options? Why leave fiat just for paypal? If this will go mainstream, paypal will accept cryptocurrencies as well and then people turn in their side because they are offering both options. I would rather see that Utrust didn't hand them that opportunity.

IF one day PayPal will add cryptos, it will add only 2-3 major cryptos trough a third party like coinbase or bitpay or gocoin. You will use it or you will use a platform where you can use a wide variety of crypto currencies?

Im not sure. paypal very old and conservative and bad payment. Paypal even not working in my country. Im waiting for this  from 2008.. but nothing results.. (I can only send paypal from my credit card, but I cant accept paypal). So world need more innovative and nice payment.

I agree, I also have a lot of problems with paypal before that caused me avoid using it till now. Hoping this project will succeed more like bitpay to have better options.

Paypal is reversible that makes it prone to fraud on a p2p transaction. We will be expecting UTrust to enforce cheaper fees and having more alternative coins like Monero for anonymity, Digibi for faster transactions.  
sr. member
Activity: 594
Merit: 253
October 04, 2017, 11:04:03 PM
When will the Token sale end? How much is the price for one Token?

Could you at least do a little bit of research on your own and don't rely on others providing you the information?

ICO hasn't even started and you already wanna know when it will end .... Start date will be announced on the first week of October and the price of one token is 0.065 USD, To gather these information it took about 10 seconds, checking their official website: https://utrust.io/ico
Cheesy hot headed buddy. You seemed to be impatient but you still provided infos and almost answered his question though. Well, this event is keeping us to be excited.   

Inquiries are always encouraged from potential investors and visitors of this thread. It won't take a minute to politely respond to these. For me, I would be too willing to inform them of whatever details I know in line of UTRUST project. Who knows, this guy asking about the schedule is willing to set aside some 10 ETH for the ICO of UTRUST?  Wink
sr. member
Activity: 1484
Merit: 277
October 04, 2017, 10:46:43 PM
I still didnt find out if you will be able to use also old fashioned fiat when using Utrust for payments or they are strictly focused on cryptocurrencies? This would make it a perfect payment platform.

It doesn't make much sense to me pay with fiat trough UTrust! Or else what's the point of using it? With fiat I'll use PayPal and with cryptos UTrust

I don't understand why would it be bad for offering both options? Why leave fiat just for paypal? If this will go mainstream, paypal will accept cryptocurrencies as well and then people turn in their side because they are offering both options. I would rather see that Utrust didn't hand them that opportunity.

IF one day PayPal will add cryptos, it will add only 2-3 major cryptos trough a third party like coinbase or bitpay or gocoin. You will use it or you will use a platform where you can use a wide variety of crypto currencies?

Im not sure. paypal very old and conservative and bad payment. Paypal even not working in my country. Im waiting for this  from 2008.. but nothing results.. (I can only send paypal from my credit card, but I cant accept paypal). So world need more innovative and nice payment.

I agree, I also have a lot of problems with paypal before that caused me avoid using it till now. Hoping this project will succeed more like bitpay to have better options.
sr. member
Activity: 1372
Merit: 259
October 04, 2017, 10:36:20 PM
I still didnt find out if you will be able to use also old fashioned fiat when using Utrust for payments or they are strictly focused on cryptocurrencies? This would make it a perfect payment platform.

It doesn't make much sense to me pay with fiat trough UTrust! Or else what's the point of using it? With fiat I'll use PayPal and with cryptos UTrust

I don't understand why would it be bad for offering both options? Why leave fiat just for paypal? If this will go mainstream, paypal will accept cryptocurrencies as well and then people turn in their side because they are offering both options. I would rather see that Utrust didn't hand them that opportunity.

IF one day PayPal will add cryptos, it will add only 2-3 major cryptos trough a third party like coinbase or bitpay or gocoin. You will use it or you will use a platform where you can use a wide variety of crypto currencies?

Im not sure. paypal very old and conservative and bad payment. Paypal even not working in my country. Im waiting for this  from 2008.. but nothing results.. (I can only send paypal from my credit card, but I cant accept paypal). So world need more innovative and nice payment.
full member
Activity: 686
Merit: 100
October 04, 2017, 08:35:47 PM
Is there any announcement regarding the date of the said ICO? Still waiting for their announcement, and will invest some amount to this project . It's first week of october and almost end of the week. Hoping to hear from the dev and team soon. Good luck
sr. member
Activity: 420
Merit: 250
October 04, 2017, 08:24:45 PM
After the end of ICO, the first news will be in the second quarter of 2018? if you look at the road map it will be Platform Test API for Merchants.

I hope there will be news going around from time to time, so that we don't need to wait for Q2 2018 for the next step. Some progress, maybe in video form or something would be cool from time to time.

I agree, but I'm pretty sure there will be news or updates from time to time once ICO ends. We should check also the updates from their social media accounts or even on telegram so we would be aware what is going on with the project right after. I'm really excited for this project, can;t wait for their beta testing as well.
full member
Activity: 336
Merit: 112
October 04, 2017, 06:55:02 PM
After the end of ICO, the first news will be in the second quarter of 2018? if you look at the road map it will be Platform Test API for Merchants.

I hope there will be news going around from time to time, so that we don't need to wait for Q2 2018 for the next step. Some progress, maybe in video form or something would be cool from time to time.
member
Activity: 159
Merit: 10
October 04, 2017, 06:09:03 PM
After the end of ICO, the first news will be in the second quarter of 2018? if you look at the road map it will be Platform Test API for Merchants.
that means hodl in my opinion will probably moon in the second quarter of 2018, maybe some cheap tokens after ico Smiley
sr. member
Activity: 420
Merit: 250
October 04, 2017, 05:52:07 PM
After the end of ICO, the first news will be in the second quarter of 2018? if you look at the road map it will be Platform Test API for Merchants.
full member
Activity: 490
Merit: 104
October 04, 2017, 05:48:24 PM
when actual platform for UTRUST going to be release?
I'm also excited regarding the release of this platform. I can see many possibilities in this project. But for now, we need to support their ico for their project as a whole.
I agree, for the team, the main thing is to consistently perform their actions and concentrate on a specific task.
now UTRUST need to attract more investors and successfully complete ICO , apparently the team will cope with this task
sr. member
Activity: 672
Merit: 251
October 04, 2017, 05:40:24 PM
when actual platform for UTRUST going to be release?
I'm also excited regarding the release of this platform. I can see many possibilities in this project. But for now, we need to support their ico for their project as a whole.
sr. member
Activity: 420
Merit: 250
October 04, 2017, 05:16:41 PM
when actual platform for UTRUST going to be release?

unfortunately, as far as i know, this is going to be announced by the developement team yet.

i am excited too, ico should start now to get some tokens ahead Smiley

The team hasn't announced a beta testing of the platform yet, when that happens there will be an announcement, most likely in their website, so be patient, it takes time to develop a platform, especially for this kind of online wallet.
If you've joined the slack and liked their facebook page, you'll be showered with notifications on their updates. News about Utrust are everywhere in the internet. You'll not be late.  Smiley
I agree with you, you also need to go to the official site, it will be truthful information.
the best way is telegram, there is always a lot of fresh information - as well as it is more reliable
On the official site the most reliable information, in the telegram can write clones, in Slack, too many scammers.
full member
Activity: 490
Merit: 104
October 04, 2017, 04:55:22 PM
when actual platform for UTRUST going to be release?

unfortunately, as far as i know, this is going to be announced by the developement team yet.

i am excited too, ico should start now to get some tokens ahead Smiley

The team hasn't announced a beta testing of the platform yet, when that happens there will be an announcement, most likely in their website, so be patient, it takes time to develop a platform, especially for this kind of online wallet.
If you've joined the slack and liked their facebook page, you'll be showered with notifications on their updates. News about Utrust are everywhere in the internet. You'll not be late.  Smiley
I agree with you, you also need to go to the official site, it will be truthful information.
the best way is telegram, there is always a lot of fresh information - as well as it is more reliable
sr. member
Activity: 420
Merit: 250
October 04, 2017, 04:50:28 PM
when actual platform for UTRUST going to be release?

unfortunately, as far as i know, this is going to be announced by the developement team yet.

i am excited too, ico should start now to get some tokens ahead Smiley

The team hasn't announced a beta testing of the platform yet, when that happens there will be an announcement, most likely in their website, so be patient, it takes time to develop a platform, especially for this kind of online wallet.
If you've joined the slack and liked their facebook page, you'll be showered with notifications on their updates. News about Utrust are everywhere in the internet. You'll not be late.  Smiley
I agree with you, you also need to go to the official site, it will be truthful information.
full member
Activity: 560
Merit: 121
October 04, 2017, 04:40:23 PM
when actual platform for UTRUST going to be release?

unfortunately, as far as i know, this is going to be announced by the developement team yet.

i am excited too, ico should start now to get some tokens ahead Smiley

The team hasn't announced a beta testing of the platform yet, when that happens there will be an announcement, most likely in their website, so be patient, it takes time to develop a platform, especially for this kind of online wallet.
If you've joined the slack and liked their facebook page, you'll be showered with notifications on their updates. News about Utrust are everywhere in the internet. You'll not be late.  Smiley
full member
Activity: 560
Merit: 121
October 04, 2017, 04:33:30 PM
Will UTRUST have separate merchant accounts or are all accounts the same regardless of being a private individual or registered business?

I think UTRUST will have separate accounts with each merchants. This is necessary to separate the performance of each Sellers.

Most banks ask quite high monthly fees for a merchant account subscription in addition to transaction fees. I wonder if they do that because they have to recoup whatever costs are involved with that merchant account, or just because they can.

UTRUST on the other hand boast a flat 1% fee on received payments. No mention of a separate merchant account fee. But we also don't know if the feature set would suitable and legally acceptable to replace the banks' merchant accounts. Would be nice if someone from UTRUST could comment on this.
I also think each merchant will have a separate account, they will be giving a trust ratings to each merchant so how are they going to do it if not of separate account. I also wonder  from where are they going to take the compensation they will make to the buyers incase of fraud.
full member
Activity: 448
Merit: 107
October 04, 2017, 04:31:09 PM
The ico is near, the announcement of the ico will be done in the following days. I’m really impatient to see all details about it, i will be very fast to be sure to have UTRUST token in time !
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