Bitcoin Forum>Alternate cryptocurrencies>Announcements (Altcoins)>Tokens (Altcoins)
Pages:
Author

Topic: UTRUST - page 531. (Read 314264 times)

PagSure
member
Activity: 81
Merit: 10
Re: UTRUST
September 29, 2017, 07:20:51 AM
#1715
Quote from: Kakumei on September 29, 2017, 06:34:21 AM
Quote from: the_donald on September 29, 2017, 06:32:37 AM
Quote from: ?? on ??
Quote from: viljy on September 29, 2017, 05:51:39 AM
Quote from: Kakumei on September 29, 2017, 05:34:24 AM

I clarified this now and the soft cap is just $10 million of which we already raised $3.5 million.


The first-hand information is about $ 3.5 million. Well, the result is very good.
another 6.5 million, will take only an hour or less when the final ico starts. this is not a joke! i am telling it now after 2 successful ico i can tell!

you really can't tell in this market. but the pre-sale was a complete success from what I can see.

Indeed, the pre-sale sold out in just under 90 minutes. 🔥

Wow I did not know that the presale sold out that quickly all I know that its was fast but wasn't expecting that fast. Oh well ICO will surely sold out that fast too I think. I am very excited alread Cheesy
matjas
full member
Activity: 798
Merit: 115
Re: UTRUST
September 29, 2017, 07:14:58 AM
#1714

Quote from: ?? on ??
Quote from: viljy on September 29, 2017, 05:51:39 AM
Quote from: Kakumei on September 29, 2017, 05:34:24 AM

I clarified this now and the soft cap is just $10 million of which we already raised $3.5 million.


The first-hand information is about $ 3.5 million. Well, the result is very good.
another 6.5 million, will take only an hour or less when the final ico starts. this is not a joke! i am telling it now after 2 successful ico i can tell!

I wouldnt go that far since we can all see that right now ICOs are not raising that much money as few moths ago, but i agree that they will break soft cap during their ICO.
tiger5056
hero member
Activity: 686
Merit: 500
Re: UTRUST
September 29, 2017, 07:01:09 AM
#1713
there are many fraud in current financial system, UTRUST will help reduce that. Blockchain is innovation of our life time.
mbtc31
newbie
Activity: 56
Merit: 0
Re: UTRUST
September 29, 2017, 06:54:52 AM
#1712
Quote from: s31joemhar on September 28, 2017, 11:18:47 AM
Will the society adapt the UTRUST platform?
Will this be the next contender of paypal?


The UTRUST platform features its own ERC20 token based on the Ethereum blockchain. Experienced observers may ask themselves why this platform needs a token at all, given that the model above even seems complete without it. This is the kind of question that will keep you safe in the current token sale frenzy.
Kakumei
full member
Activity: 210
Merit: 100
UTRUST Community Manager
Re: UTRUST
September 29, 2017, 06:34:21 AM
#1711
Quote from: the_donald on September 29, 2017, 06:32:37 AM
Quote from: ?? on ??
Quote from: viljy on September 29, 2017, 05:51:39 AM
Quote from: Kakumei on September 29, 2017, 05:34:24 AM

I clarified this now and the soft cap is just $10 million of which we already raised $3.5 million.


The first-hand information is about $ 3.5 million. Well, the result is very good.
another 6.5 million, will take only an hour or less when the final ico starts. this is not a joke! i am telling it now after 2 successful ico i can tell!

you really can't tell in this market. but the pre-sale was a complete success from what I can see.

Indeed, the pre-sale sold out in just under 90 minutes. 🔥
the_donald
full member
Activity: 588
Merit: 100
Re: UTRUST
September 29, 2017, 06:32:37 AM
#1710
Quote from: ?? on ??
Quote from: viljy on September 29, 2017, 05:51:39 AM
Quote from: Kakumei on September 29, 2017, 05:34:24 AM

I clarified this now and the soft cap is just $10 million of which we already raised $3.5 million.


The first-hand information is about $ 3.5 million. Well, the result is very good.
another 6.5 million, will take only an hour or less when the final ico starts. this is not a joke! i am telling it now after 2 successful ico i can tell!

you really can't tell in this market. but the pre-sale was a complete success from what I can see.
inoes
sr. member
Activity: 1316
Merit: 254
United Crowd
Re: UTRUST
September 29, 2017, 06:30:49 AM
#1709
Quote from: Chikitita2004 on September 29, 2017, 06:24:29 AM
Quote from: ?? on ??
Quote from: ?? on ??
Quote from: greatteager on September 28, 2017, 05:22:22 PM
Quote from: viljy on September 28, 2017, 12:53:06 PM
Quote from: Chikitita2004 on September 28, 2017, 10:24:43 AM
Quote from: greatteager on September 27, 2017, 03:52:37 PM
Quote from: lobat999 on September 27, 2017, 03:44:12 PM
Quote from: Chikitita2004 on September 27, 2017, 03:18:02 PM
Quote from: sockpuppet1911 on September 27, 2017, 02:29:25 PM
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.
It's too early to talk about partners, first you need to finalize and launch the platform. On the partnership so far nothing is said. It will be better to announce the partnership when the coin will be on exchanges.
Early or late, these are part of the big picture everyone speculate on the future of this project. Anyway, partnership with these big companies will be the future hope of Utrust for total success. We want it to happen and we want  these companies' hearts to be won by Utrust.

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.
Well, why 3-4 years, in 2019 there will already be major partners, the main thing is that they don't start to make their platforms.

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.
they already knew that and ready for it .. actually they already have those competitors and they are not first in the business ! but they are the only one with this great project plan and security ! offering a low percent process and large community at start, not a reckless move but magnificent we will see this project occupying most of the payments online around the world
Competitions are healthy. Without competitors projects will not grow. They are the contributing factor for the growth and success of the project. But in order to stand out among the rest, one must have a very unique feature that the rest do not possess. Utrust has this unique feature and because of this its success is sure.

agreed with that , it's not a rumor because we've seen how when they do pre-sale and private investors round they managed to sell all of the utrust tokens with great impressions.

can not wait for a day where we can start taking profits Smiley
Chikitita2004
full member
Activity: 560
Merit: 121
Re: UTRUST
September 29, 2017, 06:24:29 AM
#1708
Quote from: ?? on ??
Quote from: ?? on ??
Quote from: greatteager on September 28, 2017, 05:22:22 PM
Quote from: viljy on September 28, 2017, 12:53:06 PM
Quote from: Chikitita2004 on September 28, 2017, 10:24:43 AM
Quote from: greatteager on September 27, 2017, 03:52:37 PM
Quote from: lobat999 on September 27, 2017, 03:44:12 PM
Quote from: Chikitita2004 on September 27, 2017, 03:18:02 PM
Quote from: sockpuppet1911 on September 27, 2017, 02:29:25 PM
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.
It's too early to talk about partners, first you need to finalize and launch the platform. On the partnership so far nothing is said. It will be better to announce the partnership when the coin will be on exchanges.
Early or late, these are part of the big picture everyone speculate on the future of this project. Anyway, partnership with these big companies will be the future hope of Utrust for total success. We want it to happen and we want  these companies' hearts to be won by Utrust.

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.
Well, why 3-4 years, in 2019 there will already be major partners, the main thing is that they don't start to make their platforms.

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.
they already knew that and ready for it .. actually they already have those competitors and they are not first in the business ! but they are the only one with this great project plan and security ! offering a low percent process and large community at start, not a reckless move but magnificent we will see this project occupying most of the payments online around the world
Competitions are healthy. Without competitors projects will not grow. They are the contributing factor for the growth and success of the project. But in order to stand out among the rest, one must have a very unique feature that the rest do not possess. Utrust has this unique feature and because of this its success is sure.
levyashin
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
Re: UTRUST
September 29, 2017, 06:09:00 AM
#1707
Quote from: Jay2408 on September 29, 2017, 06:02:47 AM
Quote from: ?? on ??
Quote from: viljy on September 29, 2017, 05:51:39 AM
Quote from: Kakumei on September 29, 2017, 05:34:24 AM

I clarified this now and the soft cap is just $10 million of which we already raised $3.5 million.


The first-hand information is about $ 3.5 million. Well, the result is very good.
another 6.5 million, will take only an hour or less when the final ico starts. this is not a joke! i am telling it now after 2 successful ico i can tell!

I'm not sure if it will be reached that fast. But anyway, further 6.5m $ (and more, of course) shouldn't be a problem to reach.

It will or it won't reach that fast. It's not that important. The important thing is %35 of the soft cap is already achieved with limited time and limited supply. So it won't be a problem to reach the soft cap and more.
cantdecide
full member
Activity: 336
Merit: 112
Re: UTRUST
September 29, 2017, 06:07:38 AM
#1706
Quote from: niklasmato on September 29, 2017, 03:17:43 AM
Quote from: Rigorous on September 28, 2017, 05:18:41 PM
Quote from: Nargiza on September 28, 2017, 04:41:01 PM
Quote from: Rigorous on September 28, 2017, 03:52:40 PM
Quote from: Nargiza on September 28, 2017, 03:49:17 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.
Jay2408
full member
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
Re: UTRUST
September 29, 2017, 06:02:47 AM
#1705
Quote from: ?? on ??
Quote from: viljy on September 29, 2017, 05:51:39 AM
Quote from: Kakumei on September 29, 2017, 05:34:24 AM

I clarified this now and the soft cap is just $10 million of which we already raised $3.5 million.


The first-hand information is about $ 3.5 million. Well, the result is very good.
another 6.5 million, will take only an hour or less when the final ico starts. this is not a joke! i am telling it now after 2 successful ico i can tell!

I'm not sure if it will be reached that fast. But anyway, further 6.5m $ (and more, of course) shouldn't be a problem to reach.
viljy
hero member
Activity: 1736
Merit: 857
Re: UTRUST
September 29, 2017, 05:51:39 AM
#1704
Quote from: Kakumei on September 29, 2017, 05:34:24 AM

I clarified this now and the soft cap is just $10 million of which we already raised $3.5 million.


The first-hand information is about $ 3.5 million. Well, the result is very good.
Kakumei
full member
Activity: 210
Merit: 100
UTRUST Community Manager
Re: UTRUST
September 29, 2017, 05:34:24 AM
#1703
Quote from: levyashin on September 29, 2017, 01:39:14 AM
Quote from: Kakumei on September 29, 2017, 01:06:06 AM
Quote from: mike0182 on September 29, 2017, 12:33:41 AM
Their website says: MAXIMUM CROWDSALE CAP 49M USD but but about softcap I find it difficult to answer...

What is your definition of a soft cap?




It's the minimum funding to make the project run. In a bad case, it doesn't get to 49m USD, what is the minimum requirement for utrust.

And it's something I like to know too.



I clarified this now and the soft cap is just $10 million of which we already raised $3.5 million.

Quote from: viljy on September 29, 2017, 05:32:35 AM
Quote from: Xenrise on September 28, 2017, 07:08:21 PM
Utrust already raised 3.5 million on its presale. That's a good news Smiley

I could not find where this information came from. Can you show the link?

It's all on our official homepage, if you scroll down here:

https://utrust.io/ico

Hope this helps!
viljy
hero member
Activity: 1736
Merit: 857
Re: UTRUST
September 29, 2017, 05:32:35 AM
#1702
Quote from: Xenrise on September 28, 2017, 07:08:21 PM
Utrust already raised 3.5 million on its presale. That's a good news Smiley

I could not find where this information came from. Can you show the link?
batako
sr. member
Activity: 1022
Merit: 252
Re: UTRUST
September 29, 2017, 05:03:47 AM
#1701
Quote from: niklasmato on September 29, 2017, 03:17:43 AM
Quote from: Rigorous on September 28, 2017, 05:18:41 PM
Quote from: Nargiza on September 28, 2017, 04:41:01 PM
Quote from: Rigorous on September 28, 2017, 03:52:40 PM
Quote from: Nargiza on September 28, 2017, 03:49:17 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.


Such condition will occur only if both, buyer and seller, didn't come to terms in 7 days. It will rarely happen since there are some path to take before such punishment happened.
levyashin
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
Re: UTRUST
September 29, 2017, 04:50:27 AM
#1700
Quote from: Trrrt on September 29, 2017, 04:34:29 AM
Very cool to have a live video, very instructive.  I think video is a nice way to communicate wit the community, and Utrust team seems to be very good in communication. And its really important cause if utrust is adopted by a lot of people, the value will skyrocket so high !

Yes, I always read whitepapers but most people just look for easier content. And watching video is the easiest way to get what a project is really about.

I am looking forward to seeing new videos of the utrust team.

cxrealdcx
member
Activity: 70
Merit: 10
Re: UTRUST
September 29, 2017, 04:39:04 AM
#1699
Quote from: ?? on ??
check out the latest videos in youtube to keep updated with the project,
https://www.youtube.com/channel/UCJGArTMLKNJwO9r2E6TN9pQ
success is in our door Cheesy

haha i not expected something like this
Trrrt
full member
Activity: 448
Merit: 107
Re: UTRUST
September 29, 2017, 04:34:29 AM
#1698
Very cool to have a live video, very instructive.  I think video is a nice way to communicate wit the community, and Utrust team seems to be very good in communication. And its really important cause if utrust is adopted by a lot of people, the value will skyrocket so high !
Sozialtourist
full member
Activity: 686
Merit: 101
Re: UTRUST
September 29, 2017, 04:00:40 AM
#1697
Quote from: niklasmato on September 29, 2017, 03:17:43 AM
Quote from: Rigorous on September 28, 2017, 05:18:41 PM
Quote from: Nargiza on September 28, 2017, 04:41:01 PM
Quote from: Rigorous on September 28, 2017, 03:52:40 PM
Quote from: Nargiza on September 28, 2017, 03:49:17 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.


Yes, as I understand it the sellers rating will be downgraded so that next time the money will be hold longer in the escrow before he/she gets it.
niklasmato
sr. member
Activity: 616
Merit: 263
Re: UTRUST
September 29, 2017, 03:17:43 AM
#1696
Quote from: Rigorous on September 28, 2017, 05:18:41 PM
Quote from: Nargiza on September 28, 2017, 04:41:01 PM
Quote from: Rigorous on September 28, 2017, 03:52:40 PM
Quote from: Nargiza on September 28, 2017, 03:49:17 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.
Pages:
Bitcoin Forum>Alternate cryptocurrencies>Announcements (Altcoins)>Tokens (Altcoins)
Jump to: