UTRUST - page 532. | Bitcointalksearch.org

cxrealdcx

member

Activity: 70

Merit: 10

Quote from: matjas on September 29, 2017, 02:40:28 AM

Quote from: Risktaker31 on September 29, 2017, 02:25:40 AM

Quote from: Trrrt on September 28, 2017, 05:52:10 PM

Yes if a compagnies or a site will accept UTRUST as a payment solution the value of the project will skyrocket. And remember taht UTRUST has great argument to get accepted by a lot of site. I really have big hope for the future !

It really does have a big potential ! It'll be a solution to the cryptocurrency trading with its fast converstion cryptocurrency to fiat. So that the seller wont be afraid selling his/her product through cryptocurrnecy because when the payment was done Utrust will convert the crypto into fiat so that the seller get it as fiat.

We all sense the potential in Utrust and if any e-commerce platform integrates it, it will add value to their site so i dont see a reason why they wouldnt do it. They just need a little push by Utrust marketing team.

But exactly this should happen faster in my opinion!!

mike0182

full member

Activity: 420

Merit: 136

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?

Soft cap - implies the minimum raised funds for launch project. I think that $3,5 million which the project has collected at an early stage, it will be quite enough, but I did not find the exact information on the site, so I answered the person to his question.

Quote from: bitjet on September 28, 2017, 11:12:23 PM

3.5 million on presale is good. but anyone knows softcap and hardcap of this project. can't find anything say about this in FAQ

xx63245613

sr. member

Activity: 443

Merit: 250

So many similar themes of the currency of payment, what is the special place UTTRUST

matjas

full member

Activity: 798

Merit: 115

Quote from: Risktaker31 on September 29, 2017, 02:25:40 AM

Quote from: Trrrt on September 28, 2017, 05:52:10 PM

Yes if a compagnies or a site will accept UTRUST as a payment solution the value of the project will skyrocket. And remember taht UTRUST has great argument to get accepted by a lot of site. I really have big hope for the future !

It really does have a big potential ! It'll be a solution to the cryptocurrency trading with its fast converstion cryptocurrency to fiat. So that the seller wont be afraid selling his/her product through cryptocurrnecy because when the payment was done Utrust will convert the crypto into fiat so that the seller get it as fiat.

We all sense the potential in Utrust and if any e-commerce platform integrates it, it will add value to their site so i dont see a reason why they wouldnt do it. They just need a little push by Utrust marketing team.

Risktaker31

full member

Activity: 420

Merit: 134

Quote from: Trrrt on September 28, 2017, 05:52:10 PM

Yes if a compagnies or a site will accept UTRUST as a payment solution the value of the project will skyrocket. And remember taht UTRUST has great argument to get accepted by a lot of site. I really have big hope for the future !

It really does have a big potential ! It'll be a solution to the cryptocurrency trading with its fast converstion cryptocurrency to fiat. So that the seller wont be afraid selling his/her product through cryptocurrnecy because when the payment was done Utrust will convert the crypto into fiat so that the seller get it as fiat.

cxrealdcx

member

Activity: 70

Merit: 10

Quote from: FIEX on September 29, 2017, 02:03:37 AM

Quote from: ?? on ??

Quote from: x86Daddy on September 28, 2017, 08:07:39 PM

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

really? 3.5 million for just presale. very good start for this project. Cheesy

I will wait next waves

if you missed the sales before you should wait for the first week of October and they will announce the crowdsale sooon but be sure to be on and participate on first hours, even they will release 700millions token that day it is not sure if it will last for a day! iit might be sold out with an out.

Presale went great! Really good for the project and it means investors trust this project.
Very curious how the crowdsale will go and I'm sure it will be great.

This project will be so much better then the competition Wink

Tezos $206 million, Bancor $153 million

If you compare Utrust with them, of course it went great. The 50 million are not that big of a deal

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: ?? on ??

Quote from: x86Daddy on September 28, 2017, 08:07:39 PM

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

really? 3.5 million for just presale. very good start for this project. Cheesy

I will wait next waves

if you missed the sales before you should wait for the first week of October and they will announce the crowdsale sooon but be sure to be on and participate on first hours, even they will release 700millions token that day it is not sure if it will last for a day! iit might be sold out with an out.

Presale went great! Really good for the project and it means investors trust this project.
Very curious how the crowdsale will go and I'm sure it will be great.

This project will be so much better then the competition Wink

pynetx

sr. member

Activity: 798

Merit: 262

Quote from: Voltaje on September 28, 2017, 11:26:15 PM

Quote from: pynetx on September 28, 2017, 11:01:19 PM

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

Yes, at a time when utrust was not even known to masses. Guess what will; happen when ICO happen and word is already out.

I think Utrust was known during pre-sale, or at least I think so, a saw some news and ads from utrust during its pre-ico, but if that is not the case, then utrust needs more attention, it already had a successful pre-sale, now lets see how successful the ICO is, its a project that needs to succeed, we need utrust platform in the crypto world.

Maybe to some that's why people invested in it Wink

I was saying like not known to masses like other big projects. I didn't know it that time.

Makka

sr. member

Activity: 594

Merit: 253

Quote from: Korsakopf on September 26, 2017, 03:53:29 PM

Quote from: Rigorous on September 26, 2017, 02:37:47 PM

According to the UTRUST whitepaper 12% of the funds will be allocated to legal and regulation. Does that include global banking licenses?

When we take a look at PayPal, their status differs per region. In Europe PayPal is legally regulated as a bank, in the US it is a money transmitter. This subject is not trivial.

https://en.wikipedia.org/wiki/PayPal#Regulation

Good question. Operating globally means dealing with a lot of different laws which can cost a lot of money. Will there be focus on specific regions on the start?

Indeed, this concern is not a simple matter. When it comes to the legal side of the project, it should be treated with utmost importance because it might cause the entire project to get banned in a certain country. UTRUST legal team better be ready for this because legalities are foundations of any project. I believe they are well-equipped with what is needed though.

magisterr

sr. member

Activity: 1372

Merit: 259

Quote

What is your definition of a soft cap?

Soft cap - this is the minimum raised funds for launch project.
But I think, you already raised this funds on Pre-Ico? Roll Eyes

levyashin

sr. member

Activity: 980

Merit: 276

$CYBERCASH METAVERSE

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.

Kakumei

full member

Activity: 210

Merit: 100

UTRUST Community Manager

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?

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?

Thanks in advance

Quote from: Nargiza on September 28, 2017, 04:41:01 PM

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

Only if a mediator is needed. If e.g. the seller admits they made a mistake you will receive 100% of your funds back (in fiat). Should the case require a mediator, there will be an additional 2% (on top of the 1%) that will be deducted from the refund (in fiat).

Quote from: Affchain on September 28, 2017, 06:35:14 PM

3.5 million raised during the pre-sale and aiming for 45 million more during the token sale? Those are high numbers but those kind of results are happening on almost a daily basis now. Money is flying around here like it's going out of style!

All of our funds are actually already allocated and having a large team (including 15 engineers) costs real money, particularly if you are planning on paying them for several years to get your product out of the door.

Quote from: Rigorous on September 28, 2017, 04:08:29 PM

Have these questions regarding the banking licenses been answered? I think they were buried beneath the red color posts a few days ago.

Quote from: Korsakopf on September 26, 2017, 03:53:29 PM

Quote from: Rigorous on September 26, 2017, 02:37:47 PM

According to the UTRUST whitepaper 12% of the funds will be allocated to legal and regulation. Does that include global banking licenses?

When we take a look at PayPal, their status differs per region. In Europe PayPal is legally regulated as a bank, in the US it is a money transmitter. This subject is not trivial.

https://en.wikipedia.org/wiki/PayPal#Regulation

Good question. Operating globally means dealing with a lot of different laws which can cost a lot of money. Will there be focus on specific regions on the start?

This is a very interesting question and we will release more information on this within the next week as well. It is probably going to be more than 12%, I can tell you that. I can leave you with the knowledge that our legal team in Switzerland is very high profile and knows what is required to give UTRUST the legal foundations required. 👍

Buerra

legendary

Activity: 980

Merit: 1000

Quote from: ?? on ??

Quote from: Buerra on September 23, 2017, 10:25:18 AM

I think there is too many coins name under trust. And it makes misunderstanding I was thinking this is the trust which is on bittrex as TRST.

Do you mean wetrust? I dont know if theres a connection but names.. But this is different platform

There is already 2 trust coins at bittrex. Trust and trst. couple months ago by mistaken I bought trust instead of trst. This one will be 3rd trust if team will achieved to list on bittrex

mike0182

full member

Activity: 420

Merit: 136

Quote from: bitjet on September 28, 2017, 11:12:23 PM

Quote from: pynetx on September 28, 2017, 11:01:19 PM

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

Yes, at a time when utrust was not even known to masses. Guess what will; happen when ICO happen and word is already out.

3.5 million on presale is good. but anyone knows softcap and hardcap of this project. can't find anything say about this in FAQ

Their website says: MAXIMUM CROWDSALE CAP 49M USD but but about softcap I find it difficult to answer...

bitsurfer2014

hero member

Activity: 924

Merit: 520

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

That huge amount of $3.5 million only shows that the investors definitely trust their money to UTRUST ability to succeed.

chichidori

legendary

Activity: 1694

Merit: 1003

Quote from: pynetx on September 28, 2017, 11:01:19 PM

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

Yes, at a time when utrust was not even known to masses. Guess what will; happen when ICO happen and word is already out.

The word is already out and it is showing on the investment, ICO are now having a hard time selling their token to the masses, now that the major player such as china is out of the picture.

the_donald

full member

Activity: 588

Merit: 100

Quote from: Voltaje on September 28, 2017, 11:26:15 PM

Quote from: pynetx on September 28, 2017, 11:01:19 PM

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

Yes, at a time when utrust was not even known to masses. Guess what will; happen when ICO happen and word is already out.

I think Utrust was known during pre-sale, or at least I think so, a saw some news and ads from utrust during its pre-ico, but if that is not the case, then utrust needs more attention, it already had a successful pre-sale, now lets see how successful the ICO is, its a project that needs to succeed, we need utrust platform in the crypto world.

It certainly looks like this project is on track to be a success. Hopefully they'll reach their expected amount and this project can moon out of the gate.

Voltaje

sr. member

Activity: 350

Merit: 250

Quote from: pynetx on September 28, 2017, 11:01:19 PM

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

Yes, at a time when utrust was not even known to masses. Guess what will; happen when ICO happen and word is already out.

I think Utrust was known during pre-sale, or at least I think so, a saw some news and ads from utrust during its pre-ico, but if that is not the case, then utrust needs more attention, it already had a successful pre-sale, now lets see how successful the ICO is, its a project that needs to succeed, we need utrust platform in the crypto world.

bitjet

hero member

Activity: 696

Merit: 500