UTRUST: the new payment processor that accepts the main crypotcurrencies
Topic: UTRUST - page 586. (Read 314264 times)
Just finished reading the whitepaper and I must say I really like the idea behind this project. As someone who already got chargebacked once on PayPal I know it needs a solution for this issue. Great that UTRUST can offer one.
yeah ,ba baba la ,you type so many words ,what do you want to say , will you invest Utrust or just want to update your activty? 
I'm a little confused about the dates. I just found out that registered users until yesterday were having a 20% bonus:
https://medium.com/@UTRUST/early-supporter-reward-e9a862208b7f - but I missed that!
I think, especially on Twitter, there are too many information: maybe it's better less tweet with more clear info?
https://medium.com/@UTRUST/early-supporter-reward-e9a862208b7f - but I missed that!
I think, especially on Twitter, there are too many information: maybe it's better less tweet with more clear info?
Why don’t you ask the guys in their slack. They are very good and very active in the slack and social media. They may consider you in their whitelist for the 20% bonus. I saw some people request this and they have approved them. You just have to tell them that you haven’t seen this promotion untle today. I personally think even .065 is still a good price for the token. It will easily reach .1 when it hit the market.
Just finished reading the whitepaper and I must say I really like the idea behind this project. As someone who already got chargebacked once on PayPal I know it needs a solution for this issue. Great that UTRUST can offer one.
Own token is ERC20, right? How come that it doesn't charge fees? Are they paid by UTRUST itself? If no, enlight me please
Yes, it's an ERC-20 token. What do you mean by no fees - when making a purchase with UTRUST tokens?
Don't Erc tokens need some gas to move it? Utrust is using ethereum blockchain so there should be some fee for transactions?
yes sure you need fees/GAS every you make transaction
over 200000 GAS its good can make your tx confrimed
looks good!We need more information about your team as so a big project need a professional development.
https://utrust.io/team
You find all information by visiting the given link this is nice project as the potential of this project is high I also believe this will be next huge thing when this platform will get operational.
Own token is ERC20, right? How come that it doesn't charge fees? Are they paid by UTRUST itself? If no, enlight me please
Yes, it's an ERC-20 token. What do you mean by no fees - when making a purchase with UTRUST tokens?
Don't Erc tokens need some gas to move it? Utrust is using ethereum blockchain so there should be some fee for transactions?
Yeah but for example Paypal also give the option to decide if you want to have the protection (for fees) or if you don't want them (without fees). But the worst part about this is, that if the buyer wants the protection, the seller has to pay for it lol
That can't possibly be right. Do you have a source for that? Why would the buyer buy without protection if the seller pays for it anyway? And why have that choice in the first place?
it would be cool to give people the choise too at UTrust but with the option that buyer, who wants the protection, would be charged. But protection is really a nice thing. I hope they could fill the gab for this problems stated above.
In my opinion the best thing would be to have the protection built-in to the system at a reasonable fee. Presenting the user a choice for buyer protection will add another hurdle to the order process ("Do I want buyer protection? This is taking way too long, I just want to pay.") and it plants a negative thought in the buyer's mind ("So you're saying I could be scammed?")
I understood from WP that the payed amount will be held in escrow for up to several days, depending on the previous performance of the seller. Isn't that a kind of protection for the buyer?
I'm a little confused about the dates. I just found out that registered users until yesterday were having a 20% bonus:
https://medium.com/@UTRUST/early-supporter-reward-e9a862208b7f - but I missed that!
I think, especially on Twitter, there are too many information: maybe it's better less tweet with more clear info?
https://medium.com/@UTRUST/early-supporter-reward-e9a862208b7f - but I missed that!
I think, especially on Twitter, there are too many information: maybe it's better less tweet with more clear info?
the ICO was open for early investors with a big bonus. not sure I like it, but it's their decision.
This platform is something like a guarantor in transactions, as far as I understand. That is, in some ways this is a third party in the decentralized crypto environment. That is the regulator. What is the strength of crypto currency? In unconditional payments. It and refers to cash. But it does not apply to banking operations, where everything can be canceled, protested, arrested. Therefore, governments are trying to limit the turnover of cash in order to fully control the means of the people. Cash is freedom. Crypto currency is freedom. The responsibility for payment lies with the payer. And here it is supposed to return payments, I understood correctly? That is, protection "fool". That is, it is kind of paternalism. Immanuel Kant said paternalism of "the greatest despotism that you can imagine".
And in white paper, I did not find a clear mechanism for resolving disputes. Instead, there is a description of the mechanism of the arbitration court. Can be months to resolve the dispute on the return. So what's the innovation then?
But if you are scammers yourself, this will be the best joke. Then who will return the payments for the ICO? There is nobody! This is a joke of course.
And in white paper, I did not find a clear mechanism for resolving disputes. Instead, there is a description of the mechanism of the arbitration court. Can be months to resolve the dispute on the return. So what's the innovation then?
But if you are scammers yourself, this will be the best joke. Then who will return the payments for the ICO? There is nobody! This is a joke of course.
Yeah but for example Paypal also give the option to decide if you want to have the protection (for fees) or if you don't want them (without fees). But the worst part about this is, that if the buyer wants the protection, the seller has to pay for it lol
That can't possibly be right. Do you have a source for that? Why would the buyer buy without protection if the seller pays for it anyway? And why have that choice in the first place?
it would be cool to give people the choise too at UTrust but with the option that buyer, who wants the protection, would be charged. But protection is really a nice thing. I hope they could fill the gab for this problems stated above.
In my opinion the best thing would be to have the protection built-in to the system at a reasonable fee. Presenting the user a choice for buyer protection will add another hurdle to the order process ("Do I want buyer protection? This is taking way too long, I just want to pay.") and it plants a negative thought in the buyer's mind ("So you're saying I could be scammed?")
I've read about developers whose software is being bought with stolen credit cards. The buyer gets the software for free, but the kicker is when the payment processor finds out the card is stolen, it charges the software developer! So the developer doesn't only have his software stolen, which will then probably end up on the internet as a free download, but the developer also has to pay the credit card company on top of it.
Can Utrust solve that problem?
Can Utrust solve that problem?
I'm honestly not quite sure this applies here since credit cards have chargebacks and crypto does not. UTRUST will not protect users from fraudulent activities on their side, but only from fraudulent sellers. If you lose your private keys, this is still your responsibility.
It's exactly the chargeback mechanism that hurts sellers that have their software pirated with stolen credit cards. You're saying paying with crypto will protect the sellers, so exposure to chargeback risk is covered, but buyers prefer the buyer protection from credit cards and Paypal. If Utrust can bridge that gap, that would be positive for both parties.
Yeah but for example Paypal also give the option to decide if you want to have the protection (for fees) or if you don't want them (without fees). But the worst part about this is, that if the buyer wants the protection, the seller has to pay for it lol it would be cool to give people the choise too at UTrust but with the option that buyer, who wants the protection, would be charged. But protection is really a nice thing. I hope they could fill the gab for this problems stated above.
I've read about developers whose software is being bought with stolen credit cards. The buyer gets the software for free, but the kicker is when the payment processor finds out the card is stolen, it charges the software developer! So the developer doesn't only have his software stolen, which will then probably end up on the internet as a free download, but the developer also has to pay the credit card company on top of it.
Can Utrust solve that problem?
Can Utrust solve that problem?
I'm honestly not quite sure this applies here since credit cards have chargebacks and crypto does not. UTRUST will not protect users from fraudulent activities on their side, but only from fraudulent sellers. If you lose your private keys, this is still your responsibility.
It's exactly the chargeback mechanism that hurts sellers that have their software pirated with stolen credit cards. You're saying paying with crypto will protect the sellers, so exposure to chargeback risk is covered, but buyers prefer the buyer protection from credit cards and Paypal. If Utrust can bridge that gap, that would be positive for both parties.
looks good!We need more information about your team as so a big project need a professional development.
I'm a little confused about the dates. I just found out that registered users until yesterday were having a 20% bonus:
https://medium.com/@UTRUST/early-supporter-reward-e9a862208b7f - but I missed that!
I think, especially on Twitter, there are too many information: maybe it's better less tweet with more clear info?
https://medium.com/@UTRUST/early-supporter-reward-e9a862208b7f - but I missed that!
I think, especially on Twitter, there are too many information: maybe it's better less tweet with more clear info?
Its really nice that 15% of token are already bought by big investors. UTRUST team now have some funds to start to build the project and promotion. And it show to the market that there is big investors in the project, its another prooof of the serious of the project.
If big investors are involved, then I should be involved too
Bright project! 
Maybe it's been asked before, but is there already a demo version available?
No there's not any demo as of now. Maybe in future perhaps next year.
What's the status of the coin at the moment? Is it in the trading platform or in the chips?
It was sold out in pre-ico, now we are waiting for ico phase. Ico's date is not clear yet, they will announce it at 1st week of october. So if you interested like us, wait for it
What's the status of the coin at the moment? Is it in the trading platform or in the chips?
Maybe it's been asked before, but is there already a demo version available?
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