Topic: UTRUST - page 572. (Read 314264 times)

Woa Kakumei you're well informed about China, so you think exchanges shutdowns is just a political move ?
What do you think about miners? A good chunk of btc mining power is based in China, how can they close them? By bombing wharehouses  ? Joking but this can be an issue

you mean 29th September right? August has passed for a while now.

will be opening a pre-ICO of $1.5 MM on 28th August 2017, intended to observe community interest in our project. After the round closure, and if it matches our expectations, we will be targeting an ICO starting on October 2017 (specific date TBD), in order to obtain a total financial leverage of $49 MM.

Seems like you are well informed.

I did not know everything about China ICO ban before learning about it in this thread.

That's very interesting to know !

Can you tell me can I participate in the bounty of the signature? Also I want to know when will be the ISO, someone can tell me that?

more security and privacy on transactions and wallets is always welcome,i hope utrust will implement this characteristics very well...

Good evening everybody!

It's Kakumei again, the official community manager / support.

I'm back to answer many of your questions. With 8 new pages we are positively overwhelmed by all the feedback and questions you have for us. Thank you so very much, everybody!

Now, off to your questions...

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Yes, until the 20th of September we offered a 20% Early Supporter Reward for contributions up to $10,000. So while this was interesting to individual investors, we limited it to affect big buyers / whales. We really want to support individual supporters and long-term holders.


We do not want to bring down Monetha. The space is big enough for multiple payment providers. Think PayPal, Stripe, Braintree and more. But we do think we will have the most advanced platform of it's kind. Accepting multiple cryptocurrencies (even non ERC-20 based ones) and buyer protecting - we think this is huge in the space!


Thank you very much FIEX, same here!


A unique buyer protecting mechanism, blockchain rated incentives for sellers, easy to implement SDKs for developers and a fiat gateway are among my personal favourites!


I'm afraid I do not fully understand your question. You are right about 0% fees if you pay with UTRUST tokens. You can think of this the same way as if you were to pay with your PayPal balance, which is usually free.


Currently not on the roadmap, but definitely something we would be looking into long-term if the demand is there. Match made in heaven!


I'm sorry if I missed your question previously. Not quite sure where you read 2% dilution every year as that is not correct. It's more like an "up to 5%" every year. However, there is no minimum of tokens we will burn, only a maximum. We will keep this variable to support our system to the fullest, but keeping a strong incentives to hold the tokens for our investors.




We are absolutely not worried about China, mainly because there are some misconceptions flying around. Let me clarify somet things here:

• China did not and is extremely unlikely to ban Bitcoin.
• China did not ban ICOs per se, instead it banned the funding of Chinese projects through ICOs, which means that they can still participate in projects from abroad, such as UTRUST.
• China did order local companies to issue refunds. They cannot and will not try to regulate ICOs outside of their regulations.
• Our Chinese community (on WeChat) is alive and well, growing daily and very interested. Check it out if you speak the language!

I hope this clarifies the situation regarding China.


You need a vast amount of (very cheap) tokens for a project like UTRUST to succeed. It's much easier for users to deal with something like paying 1,000 UKT for something than 0.000123 UTK. Just like IOTA has billlions of coins to allow for microtransactions, we will have many tokens to allow people to understand it better.



We are actually way ahead of schedule and our roadmap is very conservative to assure we can definitely deliver on time. Nuno, our CEO, however confirmed that we are very likely to deliver ahead of schedule. So this is great! 👍


We think that sooner or later there will be no way of not accepting cryptocurrencies. Awareness gets greater every day and some countries such as Japan, Russia and (soon) Australia even accept Bitcoin as an official currency. The train has no break, so to say! 🚂  🚀


This is correct, yes!


This is very well explained in our Whitepaper.


Excellent question! This heavily depends on where and how we are getting regulated. We will release more information along the way (likely ahead of the ICO).


We will likely do this by volume, costs of sending and user demand. We are very community focused!


This was indeed answered a few days ago, and again above. Not in the plans right now but definitely looks like a good match for the future.



Personally, I think this news is quite weak. Amazon has denied allegations like this several times in the past and from a regulatory standpoint this is extremely unlikely for the time being. But if this is true, it would be amazing for everybody in the space, including UTRUST. A lot more merchants would understand that cryptocurrencies are here to stay, making UTRUST an even more attractive choice for investors and end-users alike.


We will announce the date in the first week of October. Stay tuned!

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As always, I hope I could answer all of your questions.

Thank you so very much for all your positive feedback and for the support and trust you have given UTRUST so far.

Let's do this, everybody! 🚀

If this is going to happen wouldn't it be kind of bad for UTrust? Because if you can pay with BTC on Amazon why would you need UTrust when you wanna pay with Bitcoin.

Nevertheless it would be a huge breakthrough for the crypto scene when a giant like Amazon accepts Bitcoin as a payment method.

i think this is time to invest more as we can. this chance will not come again guys. this project price will be high in anytime. i can't imagine.  very promising and reputed Utrust project.

This project is almost well done guys...
Come on even the project nd road mp fail theres such revenue already..
That 50% above gIn on token lrice is just a big enough u
Your cash already doubled.. And the risd up of token value from 0.65 cents is big count too.. Just wait nd see..

                     I agree. One of the most important  factors that can affect projects was about good communication with the team. It would also affect the team if they had a bad costumer service, and we cannot neglect the fact that people will have inquiries about the project so the faster response also has the advantage. It also shows that the devs are serious about this project, and they assigned someone  for the inquiries in specific thread or page.

Yes of course, even the advantages of Utrust is more than just fees.
And also they have their own tokens, hopefully the token will have a very good value.

my thought is this token is not become fully sold.
short ICO time (only one week in the whole ico)
The price of ICO change (from tier to fix rate)
Bad timing. (There's a lot of FUD this past few week so it will affect the market movement.)

Paypay could lower their fees but they are such a big player on the market, they wont do it. I really hope Utrust can spread around platforms and forces Paypay to lower its fees.

Better safe then sorry, this is an important project, they better be 100% functional on ICO or people will lose faith in this pretty fast

Actually, thanks to the blockchain, utrust can charge lower fees than Paypal, paypal can't lower their fees if they are not in the blockchain, so for now, utrus wins, though there are other services that charge lower fees than paypal, like pajeer and okPay, they even accept BTC and Etereum.

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well the services you mentioned don't do direct conversion to fiat to protect sellers from volatility and don't have buyer protection...they are useless..utrust takes everything to a superior level..paypal has contracts with major banks so they can't just turn to blockchain and they have the credit card fraud dilema..I have invested in a couple of icos and always made money..utrust is the one that I feel that has so much potential..I'm going big

Anyway it's win-win situation for consumers. With ridiculous commissions and fees from Paypal Utrust will easily acquire many of paypal clients.

Actually, thanks to the blockchain, utrust can charge lower fees than Paypal, paypal can't lower their fees if they are not in the blockchain, so for now, utrus wins, though there are other services that charge lower fees than paypal, like pajeer and okPay, they even accept BTC and Etereum.

I don't know the reason for postponement, but dev announced this yesterday.

Announcement will be on 1st week of next month (october)
Whats your thought bout the time graph of that 700 million tokes?? How long will it last?