UTRUST - page 578. | Bitcointalksearch.org

Korsakopf

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Quote from: Trrrt on September 22, 2017, 03:59:35 PM

Its really great for people who invest in the pre ico. They smelll a very good project here. But I think its really worth it to participate in the ico, we will all have another chance to join the project. UTRUST is really a project with awesome possibility , personnaly I wont miss it !

This is something i watch for when investing in ICO's. If big investors have invested, there must be a reason. They didn't get all that money by making bad investments, so the must have a nose for it.

ParRus

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Activity: 490

Merit: 104

Quote from: Elkmar on September 22, 2017, 04:29:06 PM

Quote from: Rigorous on September 22, 2017, 04:02:38 PM

Quote from: Voltaje on September 22, 2017, 01:52:45 PM

Quote from: Elkmar on September 22, 2017, 12:44:10 PM

Good to know the tokens don't have any dividend.

The influence on the price of Bittrex is too important in comparison to the dividends that token can offer.

Well, yeah, the amount of utrust won't give many dividends unless you have a HUGE amount, so that is what I think the reason they didn't go that route, it wouldn't get the token much value, it is better to increase its value with scarcity, burning tokens is a better solution, plus it will give the token an open door to some exchanges like Bitrrex.

This is the first time I hear about dividends in cryptocoins. I know what a dividend is from traditional stocks but what does it mean for cryptocurrencies? And what does it have to do with UTrust?

Well, a lot of ICOs were about dividends, I don't remember much about those project. I think that something called ICONOMi was an example.

I think that those ICO were the problem which bring the USA ICO ban, because those token could be considerate as securitues

bittrex is not only one exchange, they raised the bar too high - now there to receive an invitation to bittrex is not so easy, I certainly believe in the success of the project, and I know they will eventually be there - but team must throw off the importance around this issue, and develop the project - do their work, then everything will be fine

greatteager

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Activity: 420

Merit: 250

I think this project can bring down the Monetha project, because it is better in terms of security and protection of buyers and sellers.
We draw conclusions.

Elkmar

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Activity: 294

Merit: 100

Quote from: Rigorous on September 22, 2017, 04:02:38 PM

Quote from: Voltaje on September 22, 2017, 01:52:45 PM

Quote from: Elkmar on September 22, 2017, 12:44:10 PM

Good to know the tokens don't have any dividend.

The influence on the price of Bittrex is too important in comparison to the dividends that token can offer.

Well, yeah, the amount of utrust won't give many dividends unless you have a HUGE amount, so that is what I think the reason they didn't go that route, it wouldn't get the token much value, it is better to increase its value with scarcity, burning tokens is a better solution, plus it will give the token an open door to some exchanges like Bitrrex.

This is the first time I hear about dividends in cryptocoins. I know what a dividend is from traditional stocks but what does it mean for cryptocurrencies? And what does it have to do with UTrust?

Well, a lot of ICOs were about dividends, I don't remember much about those project. I think that something called ICONOMi was an example.

I think that those ICO were the problem which bring the USA ICO ban, because those token could be considerate as securitues

rejosh

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Activity: 322

Merit: 250

Quote from: Trrrt on September 22, 2017, 03:59:35 PM

Its really great for people who invest in the pre ico. They smelll a very good project here. But I think its really worth it to participate in the ico, we will all have another chance to join the project. UTRUST is really a project with awesome possibility , personnaly I wont miss it !

I have invested reasonably big amount in the pre ico but I can promise you that I am not a coin flipper. I won’t dump this coins for $ 0.1 after the ICO. I believe in the project from day one that’s the reason I have invested in pre-ico. The earliest I will sell part of my coin is next year end. Infect I have read about both monetha and utrust white paper for at least 5 times. I have invested in both projects. But I felt from the white paper utrest was far superior idea compare to monetha. Utrust is only got 1% fee, accept ETH, ECR 20 and BTC, and the main think buyer protection for all physical and virtual goods. Monetha was sold in 18 minutes so you can guess how fast utrust will be gone.

Rigorous

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Activity: 574

Merit: 115

Quote from: kraterion on September 22, 2017, 04:13:55 PM

Quote from: Rigorous on September 22, 2017, 04:02:38 PM

Quote from: Voltaje on September 22, 2017, 01:52:45 PM

Quote from: Elkmar on September 22, 2017, 12:44:10 PM

Good to know the tokens don't have any dividend.

The influence on the price of Bittrex is too important in comparison to the dividends that token can offer.

Well, yeah, the amount of utrust won't give many dividends unless you have a HUGE amount, so that is what I think the reason they didn't go that route, it wouldn't get the token much value, it is better to increase its value with scarcity, burning tokens is a better solution, plus it will give the token an open door to some exchanges like Bitrrex.

This is the first time I hear about dividends in cryptocoins. I know what a dividend is from traditional stocks but what does it mean for cryptocurrencies? And what does it have to do with UTrust?

There are no dividends in UTrust. The definition of dividends in crypto I think is, a company obtain profits for its investments and share those profits with token holders (for example I have a friend with a good amount of Taas, Taas gives dividends quarterly, he received 30 ETH after four months of initial Taas' investment). Don't know if I exaplained it well but it should give the general idea Tongue

Did he receive ETH or tokens worth ETH? Because some ICOs pretend to give dividends but in reality dilute the supply by creating more tokens. https://steemit.com/money/@fintekneeks/what-cryptocurrencies-pay-a-dividend

According to the community manager Kakumei, UTrust has deflation through the burning of coins. So maybe the words deflation and dividend were mixed up. Or, in a way it could be regarded a special kind of divided, a reinvestment dividend.

kraterion

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Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

Quote from: Rigorous on September 22, 2017, 04:02:38 PM

Quote from: Voltaje on September 22, 2017, 01:52:45 PM

Quote from: Elkmar on September 22, 2017, 12:44:10 PM

Good to know the tokens don't have any dividend.

The influence on the price of Bittrex is too important in comparison to the dividends that token can offer.

Well, yeah, the amount of utrust won't give many dividends unless you have a HUGE amount, so that is what I think the reason they didn't go that route, it wouldn't get the token much value, it is better to increase its value with scarcity, burning tokens is a better solution, plus it will give the token an open door to some exchanges like Bitrrex.

This is the first time I hear about dividends in cryptocoins. I know what a dividend is from traditional stocks but what does it mean for cryptocurrencies? And what does it have to do with UTrust?

There are no dividends in UTrust. The definition of dividends in crypto I think is, a company obtain profits for its investments and share those profits with token holders (for example I have a friend with a good amount of Taas, Taas gives dividends quarterly, he received 30 ETH after four months of initial Taas' investment). Don't know if I exaplained it well but it should give the general idea Tongue

rejosh

sr. member

Activity: 322

Merit: 250

Quote from: magisterr on September 22, 2017, 03:58:33 PM

rejosh

oh.. they changed crowdsale rules and I'm a little confused...
In which case investors will have a 20% bonus?

Mate please check this announcement. They were offering 20% bonus to all early supporter who are registered before 20the sept. I am assuming you are little late now.

https://bitcointalk.org/index.php?topic=2078433.420

ParRus

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Activity: 490

Merit: 104

Quote from: Elkmar on September 22, 2017, 03:45:18 PM

Quote from: Drokzid on September 22, 2017, 01:02:48 PM

Quote from: magisterr on September 22, 2017, 10:58:30 AM

Quote from: pynetx on September 21, 2017, 12:24:15 AM

Quote from: magisterr on September 20, 2017, 11:36:35 PM

They raised full amount on pre-ico? (as in the announcement - 1.5 mln usd). For which period they raised this amount?
And when ll be start ICO? Can anyone give me exact date?

Not full amount but, the 15% which was reserved for the Private Investors and Pre-ICO.
The exact date is not yet finalized but it is expected to start in the first week of October.

No, no. I seen this. On 1-st page:
100 mln tokens for private investors (sold)
50 mln - Pre-ICO (sold)

So, they sold all this tokens or only part of them?

Perhaps do you know the exact prices in ETH, USD and BTC for which UTRUST tokens have been sold in pre-ICO and during the initial private funding phase?

Wow, I did not know about those private investors.

Those investments were massive from the start !

Well yeah I see investors have taken up this project seriously! promising start
it's because UTRUST has a good idea - in demand on the market and excellent team!

Rigorous

full member

Activity: 574

Merit: 115

Quote from: Voltaje on September 22, 2017, 01:52:45 PM

Quote from: Elkmar on September 22, 2017, 12:44:10 PM

Good to know the tokens don't have any dividend.

The influence on the price of Bittrex is too important in comparison to the dividends that token can offer.

Well, yeah, the amount of utrust won't give many dividends unless you have a HUGE amount, so that is what I think the reason they didn't go that route, it wouldn't get the token much value, it is better to increase its value with scarcity, burning tokens is a better solution, plus it will give the token an open door to some exchanges like Bitrrex.

This is the first time I hear about dividends in cryptocoins. I know what a dividend is from traditional stocks but what does it mean for cryptocurrencies? And what does it have to do with UTrust?

cantdecide

full member

Activity: 336

Merit: 112

Quote from: Sozialtourist on September 22, 2017, 11:11:25 AM

Quote from: cantdecide on September 22, 2017, 09:49:49 AM

Quote from: Sozialtourist on September 22, 2017, 06:47:42 AM

Quote from: cantdecide on September 22, 2017, 06:15:46 AM

Quote from: Sozialtourist on September 22, 2017, 04:02:26 AM

I still got a question regarding the 1% fee for the buyer and I am still not sure how the convertion of cryptocurrency to fiat works in detail.

If I understand correctly these 1% fee includes, besides a commission for UTrust, the fee that is necessary to convert from crypto to fiat on an exchange. So what happens if I buy something very cheap, maybe only worth $! or something like that and I want to pay with Bitcoin. In this case the 1 % of such a tiny amount won't be enough to convert it to fiat, right?

Isn't this a general problem as long as cryptos got transaction fees? UTrust always has to send the crypto currency from its Escrow to the exchange partner in order to get it converted. Who pays for these transactions? Because as I stated above I guess the 1% fee wont be enough to cover that.

Well that's an interesting question, but the 1% don't implement the normal transaction fees if I get the answer of the dev right.

Quote from: Kakumei on September 21, 2017, 02:24:34 AM

Quote from: cantdecide on September 20, 2017, 01:58:41 PM

But if you see it real, you still have more fees in addition to the 1% or? Buyer and seller need to deal also with transaction costs of the crypto, or do I see it wrong?

You would likely be correct. I will clarify this for you and post it here in the next update, but the network fee is probably still to be paid by the users themselves. Given that this will become cheaper and cheaper (IOTA is free, Litecoin will soon be too, etc), this should only add insignificant overhead.

Yeah, I understand it the same way.
But as long as there are huge transaction fees (or network fees) that add up on top of the 1% fee I could understand everyone who wants to stick to traditional payment options instead of UTrust. Unforunately that's something UTrust can't do very much about for now, besides adding the option to pay with the tx-fee-free cryptos like IOTA.

I am not so aware of the IOTA structure, as I got afraid of the claiming process, so I haven't hold me up to date. How do they compensate the tx-fee-free structure?

I am not an expert on IOTA either but as I understand there is no blockchain anymore but a so called Tangle. In order to make a transaction you have to validate two other transactions by a simple PoW.

I see, thank you. But that will be no option for coins like bitcoin etc, where miners want to get their share. So noone is getting anything at IOTA, right?

Trrrt

full member

Activity: 448

Merit: 107

Its really great for people who invest in the pre ico. They smelll a very good project here. But I think its really worth it to participate in the ico, we will all have another chance to join the project. UTRUST is really a project with awesome possibility , personnaly I wont miss it !

magisterr

sr. member

Activity: 1372

Merit: 259

rejosh

oh.. they changed crowdsale rules and I'm a little confused...
In which case investors will have a 20% bonus?

Elkmar

full member

Activity: 294

Merit: 100

Quote from: Drokzid on September 22, 2017, 01:02:48 PM

Quote from: magisterr on September 22, 2017, 10:58:30 AM

Quote from: pynetx on September 21, 2017, 12:24:15 AM

Quote from: magisterr on September 20, 2017, 11:36:35 PM

They raised full amount on pre-ico? (as in the announcement - 1.5 mln usd). For which period they raised this amount?
And when ll be start ICO? Can anyone give me exact date?

Not full amount but, the 15% which was reserved for the Private Investors and Pre-ICO.
The exact date is not yet finalized but it is expected to start in the first week of October.

No, no. I seen this. On 1-st page:
100 mln tokens for private investors (sold)
50 mln - Pre-ICO (sold)

So, they sold all this tokens or only part of them?

Perhaps do you know the exact prices in ETH, USD and BTC for which UTRUST tokens have been sold in pre-ICO and during the initial private funding phase?

Wow, I did not know about those private investors.

Those investments were massive from the start !

rejosh

sr. member

Activity: 322

Merit: 250

Quote from: haxllega on September 22, 2017, 02:29:17 PM

Quote from: Sozialtourist on September 22, 2017, 01:17:49 PM

Quote from: Drokzid on September 22, 2017, 01:02:48 PM

Quote from: magisterr on September 22, 2017, 10:58:30 AM

Quote from: pynetx on September 21, 2017, 12:24:15 AM

Quote from: magisterr on September 20, 2017, 11:36:35 PM

They raised full amount on pre-ico? (as in the announcement - 1.5 mln usd). For which period they raised this amount?
And when ll be start ICO? Can anyone give me exact date?

Not full amount but, the 15% which was reserved for the Private Investors and Pre-ICO.
The exact date is not yet finalized but it is expected to start in the first week of October.

No, no. I seen this. On 1-st page:
100 mln tokens for private investors (sold)
50 mln - Pre-ICO (sold)

So, they sold all this tokens or only part of them?

Perhaps do you know the exact prices in ETH, USD and BTC for which UTRUST tokens have been sold in pre-ICO and during the initial private funding phase?

Token price for the private round was $0.02, for the pre-sale round it was $0.03 and for the ICO it will be $0.065.

Oh that was really big bonus the ones who invested early will make a high profit. I think this bonus was maybe even a little bit too high but who knows maybe it helped at the start to increase awareness.

I am a pre ico investor we took the risk of investing in this project when it was in the early development. The price was only .03 at that point but our eth will be locked in the project for 2 months. And if you are investing in the ICO with the 20% bonus the price is only .052 which is actually still very good. The private sale (.02) was only for utrust partners they are not going to flip the coins when it hit the market so you can’t take that 100milin coins in consideration. I have paid a reasonably good amount in gas price to get in quicker. The pre ico was sold very fast.

Korsakopf

full member

Activity: 210

Merit: 105

I've asked this before here and maybe i missed an answer in the mean time, but i would really like to know what preliminary work/networking is being done right now to ensure adoption by sellers once the ICO is done.

matjas

full member

Activity: 798

Merit: 115

Quote from: haxllega on September 22, 2017, 02:29:17 PM

Quote from: Sozialtourist on September 22, 2017, 01:17:49 PM

Quote from: Drokzid on September 22, 2017, 01:02:48 PM

Quote from: magisterr on September 22, 2017, 10:58:30 AM

Quote from: pynetx on September 21, 2017, 12:24:15 AM

Quote from: magisterr on September 20, 2017, 11:36:35 PM

They raised full amount on pre-ico? (as in the announcement - 1.5 mln usd). For which period they raised this amount?
And when ll be start ICO? Can anyone give me exact date?

Not full amount but, the 15% which was reserved for the Private Investors and Pre-ICO.
The exact date is not yet finalized but it is expected to start in the first week of October.

No, no. I seen this. On 1-st page:
100 mln tokens for private investors (sold)
50 mln - Pre-ICO (sold)
So, they sold all this tokens or only part of them?

Perhaps do you know the exact prices in ETH, USD and BTC for which UTRUST tokens have been sold in pre-ICO and during the initial private funding phase?

Token price for the private round was $0.02, for the pre-sale round it was $0.03 and for the ICO it will be $0.065.

Oh that was really big bonus the ones who invested early will make a high profit. I think this bonus was maybe even a little bit too high but who knows maybe it helped at the start to increase awareness.

Theoretically they wont be in a profit until this coin goes to exchange and somebody will be willing to pay 0.065$ for it. But lets hope this will happen after ICO and will go even higher after.

the_donald

full member

Activity: 588

Merit: 100

Quote from: Kakumei on September 22, 2017, 02:28:46 PM

Quote from: magisterr on September 22, 2017, 02:20:29 PM

Kakumei

Thank you for answer.
What buyer protection you ll have? Roll Eyes

Anytime! This is actually very well explained in the Whitepaper so I'd suggest you read the part that describes this. In a nutshell it is a moderated escrow service.

Quote from: dave111223 on September 22, 2017, 01:54:39 PM

How much has been collected as of now ?

2 million from private investors @ 2 cents
1.5 million from the pre-ICO @ 3 cents

that's not bad. will you guys work on the project even if you don't achieve the cap?

Heimer

sr. member

Activity: 518

Merit: 250

Quote from: haxllega on September 22, 2017, 02:29:17 PM

Quote from: Sozialtourist on September 22, 2017, 01:17:49 PM

Quote from: Drokzid on September 22, 2017, 01:02:48 PM

Quote from: magisterr on September 22, 2017, 10:58:30 AM

Quote from: pynetx on September 21, 2017, 12:24:15 AM

Quote from: magisterr on September 20, 2017, 11:36:35 PM

They raised full amount on pre-ico? (as in the announcement - 1.5 mln usd). For which period they raised this amount?
And when ll be start ICO? Can anyone give me exact date?

Not full amount but, the 15% which was reserved for the Private Investors and Pre-ICO.
The exact date is not yet finalized but it is expected to start in the first week of October.

No, no. I seen this. On 1-st page:
100 mln tokens for private investors (sold)
50 mln - Pre-ICO (sold)

So, they sold all this tokens or only part of them?

Perhaps do you know the exact prices in ETH, USD and BTC for which UTRUST tokens have been sold in pre-ICO and during the initial private funding phase?

Token price for the private round was $0.02, for the pre-sale round it was $0.03 and for the ICO it will be $0.065.

Oh that was really big bonus the ones who invested early will make a high profit. I think this bonus was maybe even a little bit too high but who knows maybe it helped at the start to increase awareness.

Many ico have that high bonuses because it's allow them for bigger marketing campaign and covering administrative costs. It's a standard procedure that early adopters benefit the most

haxllega

full member

Activity: 392

Merit: 100

Quote from: Sozialtourist on September 22, 2017, 01:17:49 PM

Quote from: Drokzid on September 22, 2017, 01:02:48 PM

Quote from: magisterr on September 22, 2017, 10:58:30 AM

Quote from: pynetx on September 21, 2017, 12:24:15 AM

Quote from: magisterr on September 20, 2017, 11:36:35 PM

They raised full amount on pre-ico? (as in the announcement - 1.5 mln usd). For which period they raised this amount?
And when ll be start ICO? Can anyone give me exact date?

Not full amount but, the 15% which was reserved for the Private Investors and Pre-ICO.
The exact date is not yet finalized but it is expected to start in the first week of October.

No, no. I seen this. On 1-st page:
100 mln tokens for private investors (sold)
50 mln - Pre-ICO (sold)

So, they sold all this tokens or only part of them?

Perhaps do you know the exact prices in ETH, USD and BTC for which UTRUST tokens have been sold in pre-ICO and during the initial private funding phase?

Token price for the private round was $0.02, for the pre-sale round it was $0.03 and for the ICO it will be $0.065.

Oh that was really big bonus the ones who invested early will make a high profit. I think this bonus was maybe even a little bit too high but who knows maybe it helped at the start to increase awareness.

Topic: UTRUST - page 578. (Read 314264 times)