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Topic: UTRUST - page 529. (Read 314264 times)

sr. member
Activity: 882
Merit: 277
If i had a dollar for every "had i known"
September 29, 2017, 01:14:33 PM
Every shop that handles payments in btc can easely add UTRUST, I mean why not? If you already accept payments in crypto, meaning you're somehow a crypto enthusiast, better integrate it with a platform offering buyer protection

The platform has to prove it's usefulness, reliability, security etc before any biz will feel comfortable routing their customer's payment info thru the platform. Earning such trust in the crypto space is not an easy feat. That's why i say it will take yrs of proving it's viability before we can start discussing partnerships.

I think years is kinda harsh estimate, were not talking here about ebay or amazon, we are talking about smaller ecommerce sites in the beginning and they are usually not that picky and provide an excellent testing platforms for the start.   

Even if it doesn't take yr for smaller ecommerce sites, it will still take awhile cos Utrust till has to prove that their platform can provide the security/reliability needed to encourage the routing of customers payment details thru it.
full member
Activity: 210
Merit: 100
September 29, 2017, 01:08:05 PM
UTRUST was reviewed by tokencounci yesterday and rated this
Project idea: 10/10
Token utility: 9/10
Partnership/ real world user 7/10 - (no partnership anounced, yet useful token and idea
overall media buzz 9/10
coomunication chanel and oponness 10/10

TOTAL SCORE 9/10

huge!
thank for share a review website like this. still find some website have ICO review. hacked.com is too expensive

That shouldn't be hard, by just googling ico reviews there's a ton of results and sites doing that. Some of those ico listing sites do it automatically anyway.

Exactly, getting a good review from some random site is nothing. I even own one of those ICO review sites. So let's just say their opinions don't mean nothing. A careful and diligent research is the best way to go about ensuring your interest.

Yeah good and own research is always the best, but I think ICO rating sites with some quality have still influence at a lot of ICOs. You have to research the ICO rating sites, to know how good or bad their rating is Cheesy
full member
Activity: 336
Merit: 100
September 29, 2017, 01:07:13 PM
Tell me please about the company's bounty when payments begin and how much you can get for 3 weeks of participation in Twitter, Facebook and YouTube?
In advance thanks for answers!
I wish everyone good luck !!!
And how much can I get for a signed junior member?
full member
Activity: 798
Merit: 115
September 29, 2017, 01:06:03 PM
Every shop that handles payments in btc can easely add UTRUST, I mean why not? If you already accept payments in crypto, meaning you're somehow a crypto enthusiast, better integrate it with a platform offering buyer protection

The platform has to prove it's usefulness, reliability, security etc before any biz will feel comfortable routing their customer's payment info thru the platform. Earning such trust in the crypto space is not an easy feat. That's why i say it will take yrs of proving it's viability before we can start discussing partnerships.

I think years is kinda harsh estimate, were not talking here about ebay or amazon, we are talking about smaller ecommerce sites in the beginning and they are usually not that picky and provide an excellent testing platforms for the start.   
sr. member
Activity: 616
Merit: 263
September 29, 2017, 12:57:19 PM
Hello again sorry that I am a little bit annoying today. But I don't fully understand. WP page 18 last paragraph about refunds? So if buyer will be refunded the fees will go to 2 % it's correct?

The way I read it, there will be an additional fee of 2% on top of any other fees. I think that 2% fee is used to (partly) cover the cost of the UTRUST operator.


So the buyer loses its 2 % even is not his/her foult  Huh

Yep. That is how it is described in the illustration. The buyer pays 2% resolution escalation fee regardless of whose fault it was. I suspect that is because the smart contract is designed like that it takes a portion of the escrowed money. The seller did not put any money in escrow, so there is no money to take a fee from.


It's not really fair towards the buyer but I do understand why Utrust needs to do this. Besides I've read in the Whitepaper that the seller will get some punishment as well. So it's kinda fair.


Well I also can understand that this is somehow needed, but I think there should be a better solution. I mean, why should someone pay for something he has no fault in? That's, in my eyes, the wrong way, even if the seller in this situation will get a negative feedback then.
If thats true, buyers will suffer losses with certainty.
I think it would be better if they get compensation.

Compensation or no payment if it is not their fault. Otherwise I really can't see why they should pay for something they haven't done.

It would be nice if someone of uTrust can clarify this issue. I think this is certainly not a showstopper although there should be some more info.
I personally think that the buyer should not be penalised if it's not his fault. If the fault lies with the seller, then the seller should be penalised. If it's the buyer who is doing something wrong, then yes I totally agree that the 2% should be coming from the buyer.
full member
Activity: 336
Merit: 100
September 29, 2017, 12:56:14 PM
Hello!
This project is very promising, for today probably one of the best! I wish UTRUST good luck and a successful ICO!
I recommend to all investors
this project!
Thank you all for your answers! Good luck!!!
full member
Activity: 560
Merit: 121
September 29, 2017, 12:55:26 PM
Every shop that handles payments in btc can easely add UTRUST, I mean why not? If you already accept payments in crypto, meaning you're somehow a crypto enthusiast, better integrate it with a platform offering buyer protection

The platform has to prove it's usefulness, reliability, security etc before any biz will feel comfortable routing their customer's payment info thru the platform. Earning such trust in the crypto space is not an easy feat. That's why i say it will take yrs of proving it's viability before we can start discussing partnerships.
Yes you are right but, now is more modern and fast than few years ago. A lot of things could happen in a short period of time. Rumors like word of mouth, testimonies from client to client, sharing of experiences by business men to businessmen, news and socials medias and advertisements made through different networks will make a fast development and will make Utrust popular so fast if indeed clients both comsumer and seller are satisfied woth the service Utrust provide.   
full member
Activity: 588
Merit: 100
September 29, 2017, 12:44:37 PM
UTRUST was reviewed by tokencounci yesterday and rated this
Project idea: 10/10
Token utility: 9/10
Partnership/ real world user 7/10 - (no partnership anounced, yet useful token and idea
overall media buzz 9/10
coomunication chanel and oponness 10/10

TOTAL SCORE 9/10

huge!
thank for share a review website like this. still find some website have ICO review. hacked.com is too expensive

That shouldn't be hard, by just googling ico reviews there's a ton of results and sites doing that. Some of those ico listing sites do it automatically anyway.

Exactly, getting a good review from some random site is nothing. I even own one of those ICO review sites. So let's just say their opinions don't mean nothing. A careful and diligent research is the best way to go about ensuring your interest.

This right here. Review site's are a dime a dozen, plenty of blogs as well. You still need to do research for all your investments.
sr. member
Activity: 854
Merit: 257
Proof-of-Stake Blockchain Network
September 29, 2017, 12:43:54 PM
UTRUST was reviewed by tokencounci yesterday and rated this
Project idea: 10/10
Token utility: 9/10
Partnership/ real world user 7/10 - (no partnership anounced, yet useful token and idea
overall media buzz 9/10
coomunication chanel and oponness 10/10

TOTAL SCORE 9/10

huge!
50 million dollars will be marketcap at that time, I'm sure that number will be translucent. UTRUST can really be a payment in the future.
1 billion supply is the right step if we want to make currency
sr. member
Activity: 882
Merit: 277
If i had a dollar for every "had i known"
September 29, 2017, 12:41:07 PM
UTRUST was reviewed by tokencounci yesterday and rated this
Project idea: 10/10
Token utility: 9/10
Partnership/ real world user 7/10 - (no partnership anounced, yet useful token and idea
overall media buzz 9/10
coomunication chanel and oponness 10/10

TOTAL SCORE 9/10

huge!
thank for share a review website like this. still find some website have ICO review. hacked.com is too expensive

That shouldn't be hard, by just googling ico reviews there's a ton of results and sites doing that. Some of those ico listing sites do it automatically anyway.

Exactly, getting a good review from some random site is nothing. I even own one of those ICO review sites. So let's just say their opinions don't mean nothing. A careful and diligent research is the best way to go about ensuring your interest.
sr. member
Activity: 994
Merit: 278
September 29, 2017, 12:37:09 PM
UTRUST was reviewed by tokencounci yesterday and rated this
Project idea: 10/10
Token utility: 9/10
Partnership/ real world user 7/10 - (no partnership anounced, yet useful token and idea
overall media buzz 9/10
coomunication chanel and oponness 10/10

TOTAL SCORE 9/10

huge!
thank for share a review website like this. still find some website have ICO review. hacked.com is too expensive

That shouldn't be hard, by just googling ico reviews there's a ton of results and sites doing that. Some of those ico listing sites do it automatically anyway.
full member
Activity: 490
Merit: 104
September 29, 2017, 12:34:05 PM
UTRUST was reviewed by tokencounci yesterday and rated this
Project idea: 10/10
Token utility: 9/10
Partnership/ real world user 7/10 - (no partnership anounced, yet useful token and idea
overall media buzz 9/10
coomunication chanel and oponness 10/10

TOTAL SCORE 9/10

huge!
Nice one, it will bring new investor to this project. I'm glad that many sites make positive reviews of utrust
I think there will be a good forecast that the project will be successful! based on the fact that such a platform will be very useful for humanity! low commission, transaction speed, and security - project have a great potencial
sr. member
Activity: 518
Merit: 250
September 29, 2017, 12:23:14 PM
UTRUST was reviewed by tokencounci yesterday and rated this
Project idea: 10/10
Token utility: 9/10
Partnership/ real world user 7/10 - (no partnership anounced, yet useful token and idea
overall media buzz 9/10
coomunication chanel and oponness 10/10

TOTAL SCORE 9/10

huge!
Nice one, it will bring new investor to this project. I'm glad that many sites make positive reviews of utrust
full member
Activity: 172
Merit: 100
Decentralized Ascending Auctions on Blockchain
September 29, 2017, 11:50:50 AM
UTRUST was reviewed by tokencounci yesterday and rated this
Project idea: 10/10
Token utility: 9/10
Partnership/ real world user 7/10 - (no partnership anounced, yet useful token and idea
overall media buzz 9/10
coomunication chanel and oponness 10/10

TOTAL SCORE 9/10

huge!
thank for share a review website like this. still find some website have ICO review. hacked.com is too expensive
sr. member
Activity: 882
Merit: 277
If i had a dollar for every "had i known"
September 29, 2017, 11:41:35 AM
Every shop that handles payments in btc can easely add UTRUST, I mean why not? If you already accept payments in crypto, meaning you're somehow a crypto enthusiast, better integrate it with a platform offering buyer protection

The platform has to prove it's usefulness, reliability, security etc before any biz will feel comfortable routing their customer's payment info thru the platform. Earning such trust in the crypto space is not an easy feat. That's why i say it will take yrs of proving it's viability before we can start discussing partnerships.
full member
Activity: 168
Merit: 100
September 29, 2017, 11:32:37 AM
Every shop that handles payments in btc can easely add UTRUST, I mean why not? If you already accept payments in crypto, meaning you're somehow a crypto enthusiast, better integrate it with a platform offering buyer protection
Yeah for new adopters the scariest part of crypto is that u cant make payment cancels, and funds sended is lost forevor or that people who promised something just disapeared so i think utrust will find unclaimed land for new comers to crypto Smiley
full member
Activity: 560
Merit: 121
September 29, 2017, 11:29:12 AM
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.

Oh man, i forgot Alibaba completely, even though i just ordered something from there. That indeed would be a golden partnership for Utrust. But isn't that a Chinese company? China and cryptocurrencies don't mix well these days.

Well it is still a lot of time till the first platform test API for merchants in Q2 2018. I am sure they are already in contact with different online stores to implement their payment option. The bigger these partners will be, the more success UTrust will have. The examples you mentioned with ebay. Amazon or Alibaba would be huge but I think the system has to be approved by some smaller shops at first before it get's adopted by these big companies.
Start with some small shop still better than work with large company like Amazon and Alibaba.
For sure buddy. In every beginning one has to start with small small trial and error experiments until they come up with something bigger and take the lead.

Ok guys lets come back down to reality. No one is partnering with alibaba, ebay, disney or whomever else you can pull of the air yet. the main thing is producing a working platform and after several yrs of proving their viability. maybe  one of the aforementioned co might mention their name in one of the corporate meetings
I was thinking, or maybe i am just too imaginative on this. What if the same developers Utrust have  develop also online markets like these giant companies (ebay, amazon, alibaba etc.) to be their own partnering market? Not too bad to think about such if the mind and intelligence of these developers behind Utrust will also put their hands into developing another project like i mentioned.  Smiley Just an imagination. Who knows.
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
September 29, 2017, 11:27:11 AM
Every shop that handles payments in btc can easely add UTRUST, I mean why not? If you already accept payments in crypto, meaning you're somehow a crypto enthusiast, better integrate it with a platform offering buyer protection
full member
Activity: 490
Merit: 100
September 29, 2017, 11:22:50 AM
the 2% fee should not be payed when the trade not complete!

Maybe it is better to reserve funds in a Refund Fee Fund for paying the 2% escalation fees when the seller was at fault. The Refund Fee Fund could be funded with the part of all sellers' fees that would otherwise be burned.
Thats a good solution.
And i have an opinion too.
The seller must deposit some funds to ensure that mistakes will not occur (when he registers on utrust platform), and if there continues to be mistakes from the seller then the deposit money will be exhausted (maybe 1% for a fair price), and if it is exhausted then he can not sell as long as he did not re-deposit. And if the seller never makes a mistake at all, he can get the deposit back if they dont sell again.
Also the buyer should not be able to create an account easily , so he wont re-create an account when his previous account's rating is bad.
full member
Activity: 364
Merit: 100
September 29, 2017, 11:15:48 AM
there are many fraud in current financial system, UTRUST will help reduce that. Blockchain is innovation of our life time.
ie
It surely hit high and  will be a new thing in the trading industries because of innovative feature. A solution to dipute, fast transaction and an easy conversion of currency.
this is not a new thing, before it was there,
we look forward in the development of this project hopefully in accordance with the plan in their roadmap and get enough funds in the development of their applications to develop transactions more quickly
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