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Topic: UTRUST - page 518. (Read 314264 times)

full member
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
October 01, 2017, 06:26:37 AM
Yeah maybe one day we'll be grateful to UTrust because it will let us spend those cryptos that are basically only used for speculative purposes. I'm wondering if they're gonna add XVG (Verge) and NAV which are two superb coins but afaik are not accepted by any merchants

There are a lot of good coins that Utrust hopefully will add in the future. But I expect them to only allow BTC and ETH in the beginning. Oh and the UTRUST token off course.

Not sure about this. I could imagen that they already will implement some more, maybe up to 4 or 5 different optional coins for the payments. There was no official statement regarding this, right? But in the whitepaper they at least talked about more coins, as I remember.

Yes, that's what I understood that there will be first around 4-5 different coins. Now and then they will add another coin which according to dev will be dependent on volume, transaction fee, community demand, etc.
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
October 01, 2017, 06:23:28 AM
I will reserve arabic translation , if you needed

It's not the tread for this.

You need to go bounty thread and also I'm not sure they will give translation job to a newbie. But you can try of course.
newbie
Activity: 14
Merit: 0
October 01, 2017, 06:17:41 AM
I will reserve arabic translation , if you needed
full member
Activity: 336
Merit: 112
October 01, 2017, 06:12:39 AM
Yeah maybe one day we'll be grateful to UTrust because it will let us spend those cryptos that are basically only used for speculative purposes. I'm wondering if they're gonna add XVG (Verge) and NAV which are two superb coins but afaik are not accepted by any merchants

There are a lot of good coins that Utrust hopefully will add in the future. But I expect them to only allow BTC and ETH in the beginning. Oh and the UTRUST token off course.

Not sure about this. I could imagen that they already will implement some more, maybe up to 4 or 5 different optional coins for the payments. There was no official statement regarding this, right? But in the whitepaper they at least talked about more coins, as I remember.
sr. member
Activity: 476
Merit: 250
October 01, 2017, 06:00:25 AM
any official announcement for utrust which exchange list? i think this project is successful now. i hear everyone keep eyes on this project and talking about utrust. i am so excited about UTRUST.
sr. member
Activity: 994
Merit: 278
October 01, 2017, 05:32:20 AM
they only need 3 day to get 3,5 million$. Cheesy 45 million $ under 30 day is an easy target for this project

That depends the structure of bonuses given on the Ico time frame. If they are using a large chunk of that 3,5 million to marketing, we could see 45M in no time.
sr. member
Activity: 616
Merit: 263
October 01, 2017, 05:28:26 AM
Yeah maybe one day we'll be grateful to UTrust because it will let us spend those cryptos that are basically only used for speculative purposes. I'm wondering if they're gonna add XVG (Verge) and NAV which are two superb coins but afaik are not accepted by any merchants

There are a lot of good coins that Utrust hopefully will add in the future. But I expect them to only allow BTC and ETH in the beginning. Oh and the UTRUST token off course.
sr. member
Activity: 1022
Merit: 256
October 01, 2017, 05:21:10 AM

Crypto market seems like returning back to its normal mode now. Although $45 million is indeed a big amount and a difficult task, a greener and a more healthy trend crypto market can help.
sr. member
Activity: 1372
Merit: 259
October 01, 2017, 05:14:25 AM
I seen, that part of raised money will be for future parthnerships. Its right decision I think.

Quote
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.

Parthneships with big project and servise very important for development product  Roll Eyes
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
October 01, 2017, 05:08:28 AM
Yeah maybe one day we'll be grateful to UTrust because it will let us spend those cryptos that are basically only used for speculative purposes. I'm wondering if they're gonna add XVG (Verge) and NAV which are two superb coins but afaik are not accepted by any merchants
sr. member
Activity: 594
Merit: 253
October 01, 2017, 05:03:49 AM
they only need 3 day to get 3,5 million$. Cheesy 45 million $ under 30 day is an easy target for this project

It's encouraging to have raised 3,5 mill $ in 3 days, but 45 mill is going to be a hell of a lot more difficult. Hopefully they'll succeed, cause this has some real potential.
The potential for UTRUST payment platform being utilized as the de facto standard by merchants is very huge as it offers multi crypto currency and multi fiat feature, coupled with its buyer & seller protection mechanism.  This I think, will be the driving force for a successful ICO and $45 million target is not impossible.

The same reason I think UTRUST will become successful. The project is really helpful in the real world scenario. Unlike so many projects out there that are like doing something out of their whimsical visions and ideals, UTRUST is trying to make use of the existence of so many cryptos that we have right now.
hero member
Activity: 924
Merit: 520
October 01, 2017, 04:52:20 AM
they only need 3 day to get 3,5 million$. Cheesy 45 million $ under 30 day is an easy target for this project

It's encouraging to have raised 3,5 mill $ in 3 days, but 45 mill is going to be a hell of a lot more difficult. Hopefully they'll succeed, cause this has some real potential.
The potential for UTRUST payment platform being utilized as the de facto standard by merchants is very huge as it offers multi crypto currency and multi fiat feature, coupled with its buyer & seller protection mechanism.  This I think, will be the driving force for a successful ICO and $45 million target is not impossible.
sr. member
Activity: 1022
Merit: 252
October 01, 2017, 04:40:26 AM
What did you raised so far ? When is the ICO?
I believe there were $3.5m already reaised during the pre-ico. And the ICO is to be announced this week. Just wait.

I don't think preico happened yet. Last time I checked it was for presale and private investors.

Pre-ICO has happened a month ago:
28th August
Pre-ICO | 50,000,000 (5%) | Sold out | $1,500,000

Date for ICO will be announced soon.
Very curious how the crowdsale will be going. Great work team!


Pre ICO is the same term as pre sale. There are a lot of terms we use in ICO and sometimes it make us unable to distinguish it. Btw, I wish the crowdsale will happen this week.
sr. member
Activity: 935
Merit: 257
HAIL THE KING!
October 01, 2017, 04:26:15 AM
Good morning everyone!
Tell me please when payments for the bounty start?
And what course will UTRUST have?
Just do not understand anything, everywhere different information, what to do?
Thank you all for your answers!
Have a nice day
You should ask that in the official bounty thread: https://bitcointalksearch.org/topic/bounty-utrust-token-the-future-of-online-payments-is-here-2078526

Just have a look at the whitepaper to understand their business model: https://s3-eu-west-1.amazonaws.com/utrust/UTRUST-whitepaper-v1.0.1.pdf
sr. member
Activity: 616
Merit: 263
October 01, 2017, 04:21:03 AM
I have another question regarding the mediators. Will the mediator be someone from Utrust or an external party? I expect that there will be a lot of complaints when the platform grows expantionally and you might need to have multiple mediators to handle this load.
full member
Activity: 392
Merit: 100
October 01, 2017, 03:57:00 AM
Nothing wrong if they try to compare this to paypal or any other online payments, every platform/project/etc. is influenced by other other project and made them better. I think Utrust will be able to compete and be better platform for online gateway and payments.

Even if Paypal would adopt crypto payments, they would have to drop their fees in order to convince customers to use their platform and not Utrust.


it's true that Paypal has an advantage as being an established brand, but if they take their sweet time to enter the crypto market, they'll find that that advantage goes away real quick in favor of Utrust.

I agree, though Paypal has been in the industry for some time now but venturing into cryptocurrency is another story. The had to adjust to it because of course using cryptocurrencies usually has lesser fees compared to the more established Paypal. I t could be a friendly competition and UTRUST can maybe learn something from Paypal and vice versa.

Online retailers can add PayPal along with UTrust, if one day PayPal will add cryptos, not only they will have high fees because they'll to use a third party, I think they'll add only major currencies (Bitcoin, Litecoin, and Dogecoin with GoCoin, Bitcoin, Litecoin, Ether with Coinbase)

Well if UTrust starts before PayPal integrate crypto payments, and build up already enough customers, their should be no problem for UTrust at all. I more likely see a problem for Paypal then to get a step into crypto.

And even if paypal enters into the kryptomarket, their should be enough room for both of them, like many telephone-companies, movie-companies, coinexchanges,  VISA, AMEX and so on can coexist, I am sure.

Right, and there are lots of reasons why myself am looking for alternatives to paypal, for example, they have frozen accounts a lot.
Yes, that is the main problem with Paypal. They freeze accounts of political incorrect people and establish government interfaces. Payment should be decentralized!
I also know some YouTubers who experienced this freezes some time ago.
legendary
Activity: 1694
Merit: 1003
October 01, 2017, 03:21:44 AM
Dear Community,

Just to let you know, I will be traveling for the next few days but will go through all previous pages and answer all your questions commencing Tuesday the 3rd of October.

Thank you for all of your continuous support!

🚀
we understand it good luck on your travel if its business related, the pre-sale investment got a good outcome 3.5 mil, hope the main ICO will perform better.
sr. member
Activity: 630
Merit: 276
October 01, 2017, 03:17:09 AM
What did you raised so far ? When is the ICO?
I believe there were $3.5m already reaised during the pre-ico. And the ICO is to be announced this week. Just wait.

I don't think preico happened yet. Last time I checked it was for presale and private investors.

Pre-ICO has happened a month ago:
28th August
Pre-ICO | 50,000,000 (5%) | Sold out | $1,500,000

Date for ICO will be announced soon.
Very curious how the crowdsale will be going. Great work team!
full member
Activity: 210
Merit: 100
UTRUST Community Manager
October 01, 2017, 03:08:28 AM
Dear Community,

Just to let you know, I will be traveling for the next few days but will go through all previous pages and answer all your questions commencing Tuesday the 3rd of October.

Thank you for all of your continuous support!

🚀
sr. member
Activity: 594
Merit: 253
October 01, 2017, 02:49:46 AM
What did you raised so far ? When is the ICO?

there is not yet official announcement for ICO. keep visit Utrust website or come here also or join telegram for know updates.

The ICO date is yet to be announced in this week and hopefully they give enough time for all the investors to hold up their Ethereum. Utrust is gaining good buzz and the project may get good investment in the early phase.

Has the team communicated the reason of the delay? One would assume legal issues as is common these days but it might as well be other (good) news. Looking forward to the announcement of sale.

In their announcement on their medium they said they are postponing their ICO due to regulatory and legal advice. They also changed the ICO structure in the interests of clarity and fairness to their investors.

Better safe than sorry. We have to consider that legalities in projects are very important and that failure to iron every detail out might expose the entire project and the effort it entails to risks that may prove to be fatal to the project. This is well-taken. No worries. The announcement schedule is first week of October. There is still enough time left.
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