UTRUST - page 510. | Bitcointalksearch.org

benalexis12

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Activity: 896

Merit: 117

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Quote from: Xenrise on October 02, 2017, 02:45:25 AM

Quote from: FIEX on October 02, 2017, 02:35:09 AM

Quote from: Cauchy on October 02, 2017, 02:06:30 AM

Quote from: pynetx on October 02, 2017, 01:58:40 AM

Quote from: Pajulapoiss on October 02, 2017, 01:23:04 AM

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is.

Monetha and TenX targets different use-cases in thebc ecosystem.

Tenx and UTRUST are completely different, they will not be in competition with eachother.
Monetha and UTRUST can be competitors, I personally found UTRUST better then Monetha, Utrust will use more different crypto's, system design, ...

Cant wait to see this fly over Monetha Wink

Well they could be competitors in terms of their coin. Monetha is a great competitor of utrust in terms of its services and the whole project itself. But tenx is so different from utrust.

Monetha is good but Utrust is way better than those coins mention above. Tenx Pay is a debit card product while Utrust has a platform that you can pay your favorite crypto currencies

Xenrise

sr. member

Activity: 672

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Quote from: FIEX on October 02, 2017, 02:35:09 AM

Quote from: Cauchy on October 02, 2017, 02:06:30 AM

Quote from: pynetx on October 02, 2017, 01:58:40 AM

Quote from: Pajulapoiss on October 02, 2017, 01:23:04 AM

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is.

Monetha and TenX targets different use-cases in thebc ecosystem.

Tenx and UTRUST are completely different, they will not be in competition with eachother.
Monetha and UTRUST can be competitors, I personally found UTRUST better then Monetha, Utrust will use more different crypto's, system design, ...

Cant wait to see this fly over Monetha Wink

Well they could be competitors in terms of their coin. Monetha is a great competitor of utrust in terms of its services and the whole project itself. But tenx is so different from utrust.

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: Cauchy on October 02, 2017, 02:06:30 AM

Quote from: pynetx on October 02, 2017, 01:58:40 AM

Quote from: Pajulapoiss on October 02, 2017, 01:23:04 AM

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is.

Monetha and TenX targets different use-cases in thebc ecosystem.

Tenx and UTRUST are completely different, they will not be in competition with eachother.
Monetha and UTRUST can be competitors, I personally found UTRUST better then Monetha, Utrust will use more different crypto's, system design, ...

Cant wait to see this fly over Monetha Wink

George.kv

newbie

Activity: 50

Merit: 0

Quote from: chichidori on October 02, 2017, 01:05:14 AM

Quote from: the_donald on October 02, 2017, 12:49:55 AM

Quote from: ?? on ??

Quote from: wonderfullife on October 01, 2017, 06:18:41 PM

The idea of making the bridge between the crypro and the currency fiat, will democratize this market of cryptocurrencies and will finish physically concretizing to benefit many people.

100% true! that is the legeng they want to spread into the whole world, this is really an amazing step they did! thanks for the IDEA

the only thing holding back crypto right now is the ability to easily spend it. hopefully utrust will solve that.

If your talking about the whole crypto yes it is, but if we focus only to those that are worthy we can easily buy something if their are a merchant that will accept them, right now the problem is the merchant.

I think merchants will easily accept utrust becouse they will be paid in fiat.

Xenrise

sr. member

Activity: 672

Merit: 251

Quote from: lvsca on October 01, 2017, 11:13:48 PM

Quote from: Xenrise on October 01, 2017, 10:58:03 PM

Quote from: pynetx on October 01, 2017, 10:36:51 PM

Is there any fee utrust will be taking from buyers and merchant?

Any platforms are doing this thing so it is a yes.

after ICO end and this platform launch, some merchant will adopt this platform.

Yes people will adapt in this platform once they knew its importance. And especially when their coin will pump. We can see more people will use this platform.

niklasmato

sr. member

Activity: 616

Merit: 263

Quote from: Pajulapoiss on October 02, 2017, 01:23:04 AM

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

You are correct. Utrust is actually a payment processor platform on which you can pay with crypto. TenX is a payment card with actually just converts crypto on the fly to fiat, so you can pay with fiat (tenX card) in shops.

UTrust is more like PayPal.

benalexis12

full member

Activity: 896

Merit: 117

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Quote from: lvsca on October 01, 2017, 11:13:48 PM

Quote from: Xenrise on October 01, 2017, 10:58:03 PM

Quote from: pynetx on October 01, 2017, 10:36:51 PM

Is there any fee utrust will be taking from buyers and merchant?

Any platforms are doing this thing so it is a yes.

after ICO end and this platform launch, some merchant will adopt this platform.

They will create merchant as soon this platform launch in the market may be in a long-term roadmap. I predict that it will be a good token.

magisterr

sr. member

Activity: 1372

Merit: 259

Quote from: Pajulapoiss on October 02, 2017, 01:23:04 AM

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

No. they have different idea and product. TenX have credut cards (in fact they dont have yet, only Centra have real cards).
Utrust its a platform for crypto-payments.

Cauchy

full member

Activity: 364

Merit: 100

Quote from: pynetx on October 02, 2017, 01:58:40 AM

Quote from: Pajulapoiss on October 02, 2017, 01:23:04 AM

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is.

Monetha and TenX targets different use-cases in thebc ecosystem.

pynetx

sr. member

Activity: 798

Merit: 262

Quote from: Pajulapoiss on October 02, 2017, 01:23:04 AM

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is.

batako

sr. member

Activity: 1022

Merit: 252

Quote from: DanF20 on October 02, 2017, 01:20:31 AM

Quote from: pynetx on October 01, 2017, 10:36:51 PM

Is there any fee utrust will be taking from buyers and merchant?

Yes only 1% fee compared to other platform that collecting 1.5% fee. Still more cheaper from utrust.

That's cool! And they said the conversion fee is low when buyers wanted to use other cryptocurrencies when dealing with utrust system. This system is so promising so it deserves to get more attentions from investors.

mbtc31

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Activity: 56

Merit: 0

Quote from: ?? on ??

Quote from: wonderfullife on October 01, 2017, 06:18:41 PM

The idea of making the bridge between the crypro and the currency fiat, will democratize this market of cryptocurrencies and will finish physically concretizing to benefit many people.

100% true! that is the legeng they want to spread into the whole world, this is really an amazing step they did! thanks for the IDEA

Welcome to digital world. And this is a proof that we are living now in a digital world, all transcations are made thru digital. Imagine you can use token or cryptocurrencies aside from fiat curtency to avail the services or products that we need? Amazing...

levyashin

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Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: ?? on ??

Quote from: wonderfullife on October 01, 2017, 06:18:41 PM

The idea of making the bridge between the crypro and the currency fiat, will democratize this market of cryptocurrencies and will finish physically concretizing to benefit many people.

100% true! that is the legeng they want to spread into the whole world, this is really an amazing step they did! thanks for the IDEA

I heard somewhere that people have heard something about blockchain ratio to population %2.

If utrust can be a success it will push this number higher by itself. Not sure about the thing i heard but regardless of ratio, it will push it up.

Pajulapoiss

sr. member

Activity: 554

Merit: 251

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

DanF20

jr. member

Activity: 52

Merit: 4

Quote from: pynetx on October 01, 2017, 10:36:51 PM

Is there any fee utrust will be taking from buyers and merchant?

Yes only 1% fee compared to other platform that collecting 1.5% fee. Still more cheaper from utrust.

chichidori

legendary

Activity: 1694

Merit: 1003

Quote from: the_donald on October 02, 2017, 12:49:55 AM

Quote from: ?? on ??

Quote from: wonderfullife on October 01, 2017, 06:18:41 PM

The idea of making the bridge between the crypro and the currency fiat, will democratize this market of cryptocurrencies and will finish physically concretizing to benefit many people.

100% true! that is the legeng they want to spread into the whole world, this is really an amazing step they did! thanks for the IDEA

the only thing holding back crypto right now is the ability to easily spend it. hopefully utrust will solve that.

If your talking about the whole crypto yes it is, but if we focus only to those that are worthy we can easily buy something if their are a merchant that will accept them, right now the problem is the merchant.

the_donald

full member

Activity: 588

Merit: 100

Quote from: ?? on ??

Quote from: wonderfullife on October 01, 2017, 06:18:41 PM

The idea of making the bridge between the crypro and the currency fiat, will democratize this market of cryptocurrencies and will finish physically concretizing to benefit many people.

100% true! that is the legeng they want to spread into the whole world, this is really an amazing step they did! thanks for the IDEA

the only thing holding back crypto right now is the ability to easily spend it. hopefully utrust will solve that.

Voltaje

sr. member

Activity: 350

Merit: 250

Quote from: pynetx on October 02, 2017, 12:39:50 AM

Quote from: jets567 on October 01, 2017, 10:42:07 PM

Quote from: pynetx on October 01, 2017, 10:36:51 PM

Is there any fee utrust will be taking from buyers and merchant?

I believe there is, Coz with the mechanics of exchanges and payment platform that how the system works in order for them to gain profits form the transaction. But as the summary of the project states, they have most likely lower fees that the existing competitors.

If there's fee then what's the fee structure?
Did they mention it anywhere?

I believe is in the whitepaper, they won't charge fees for the conversion of any coin to utrust token, but they will charge for other tokens, if you want to know more, I recommend to read the whitepaper, that will tell you a lot about the project.

pynetx

sr. member

Activity: 798

Merit: 262

Quote from: jets567 on October 01, 2017, 10:42:07 PM

Quote from: pynetx on October 01, 2017, 10:36:51 PM

Is there any fee utrust will be taking from buyers and merchant?

I believe there is, Coz with the mechanics of exchanges and payment platform that how the system works in order for them to gain profits form the transaction. But as the summary of the project states, they have most likely lower fees that the existing competitors.

If there's fee then what's the fee structure?
Did they mention it anywhere?

imtiazmahmood

sr. member

Activity: 476

Merit: 250

Quote from: Makka on October 01, 2017, 11:38:28 PM

Quote from: lvsca on October 01, 2017, 11:13:48 PM

Quote from: Xenrise on October 01, 2017, 10:58:03 PM

Quote from: pynetx on October 01, 2017, 10:36:51 PM

Is there any fee utrust will be taking from buyers and merchant?

Any platforms are doing this thing so it is a yes.

after ICO end and this platform launch, some merchant will adopt this platform.

The taste of the pudding is in the eating. The eating in terms of UTRUST implementation is during the partnership stage. There will be much interest at this stage. Even the value of UTRUST will be largely affected by this. We will see which e-commerce platforms and companies they will engage in.

i think after ICO project team will work on platform for complete work then after they will complete then merchant will join Utrust. project duration already mention on whitepaper i think. each and every project have duration time. but UTrust is the one project that grow up price during complete project. this is great opportunity.

Topic: UTRUST - page 510. (Read 314264 times)