They dont have ready product, they will sell only idea. Will tokens able only after 12 month?
More than 50% work on the platform is completed including core accounting framework and POC for the Single Ledger. Able what? |
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UTRUST i hear will not charge too much like other but i want to know how much will charge utrust if i will spend 1000$ with UTRUST payment method to buy somethin online shopping. what will be fees due to me?
no one can tell you that right now, because it doesn't just depend on Utrust. there are other fees that have to paid to the merchant and any third parties involved. "The buyer will be shown a description of the total amount to be paid, including a 1% commission and exchange conversion fees (from the crypto amount to the fiat amount). The description is transparent and updated every 2 minutes. " So 1000$ = 10$ fees. Payment with UTRUST token = zero exchange fee. |
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I dont like the idea to stop a presale!
If transactions are stuck in the blockchain, so be it. If the transaction will go to Genesis Vision after the pre-sale was sold out, they just get there funds back and they can try again during the ICO.
What about the ICO will it be stopped if there is a big backlog? No! So why do it for a presale?
Can you explain ? I don't really understand what happened. I think they just stopped selling option tokes not because transaction got stucked but because if they sell an excessive amount of option tokens they will sell too many GVT with presale bonus, screwing up who want to only join the ICO. "Genesis Vision team launched a special option program for ICO participation. This way the company gave the participants’ a guarantee to acquire GVT tokens at a specific price during the core ICO. Options also give some additional bonuses for tokens amount, and can allow early supporters to book their tokens in advance at a price they consider fair." Ah ok, I had misunderstood everything. Weird to not have any hard cap for the presale. Indeed. Why no hard cap? Why wasnt there a smart contract were let say: 20% of the tokens are for presale with a bonus of ...%. When all tokens are sold, just say sold out! This would be much beter to see a pre-sale that is sold out then a pre-sale that is cancelled. Anyway, glad there is so much interest in this project! I missed presale so crowdsale will be for me and everyone else  At least it makes for an attention grabbing headline on CoinTelegraph. Although the fact it says "paid press release" above the article dampens its impact a little. Every review and article is a good press. This will bring great attention to this ico And cointelegraph is a very popular site, many people will see the article. |
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I asked a question while back but I do not think it was answered.
Has anyone found what benefits token buyers get out of holding the tokens?
The worth of the tokens will decrease if more people use this. Although I don't think this is planned as an investment so you don't need to get additional bonuses out of holding the tokens. "While Soma enables the use of multiple cryptographic currencies on its platform - There is a strong support for the use of SCT as a payment since it is incentivized by removing transaction costs from the transactions made in SCT." Maybe essentially this is a utility token and not an invesment token, so they wont give you any special benefit for holding the tokens. Wait what? Then why would people want to participate in the ICO at all? Is Soma some kind of philanthropic project? To be able to answer that question I think we first need to know what exactly Soma's business model is. Has anyone found a description of it? Wait what? you dont want bonus? you dont want cheap price? But still i didnt give an absolute answer before, there was a "maybe" word. |
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Actually, I wonder if it is possible at all to attach custom rules and conditions to the Merchant Tokens? If so, what would that interface look like? Don't tell me retailers have to write a smart contract in Solidity or similar language.
If that's actually needed, I think they will need to code the contract for the merchant. Providing an example contract or a contract creation tool would also be options that would help avoid that being a problem. It will be better if the GATCOIN team facilitate them with friendly interface. If not, it will be like they created their own project / works independently (looking for someone who understand these things first or taking time to learn it first) or this platform is only suitable for merchants who understand crypto. |
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I believe that if utrust gets mass adoption, it can bring more people to crypto world. With that effect, it can make a good bump for all cryptocurrencies.
True, UTrust could be one of the projects, or maybe THE project, which will open the crypto world for masses. Maybe it takes some time, but there is a lot of potential here. It will help adopt cryptocurrency thanks to the link with fiat currency, and what will attract customers is the transaction fees and speed of each transaction, so when cryptocurrencies are mainstream utrust will be on top of all the other projects, mostly the ones that do not offer protection of funds, so yeah, investing is a no-brainer  . I agree, thats the basics that people needs, low transaction fees and a smooth transaction. Utrust must be competitive enough from those existing methods not just an idea alone but in real action. Yes but it must also be easy to handle. I think one of the main problems why crypto isn't as popular as it could be is the problem with all this stuff around. You need to save your priv. keys, make backups of your wallet, encrypt it, check every transaction double and three times, so that you send your coins to the right address etc etc. The average user don't want this and is afraid of it. Well , you also have to take care of several things if you want to open an account at bank, save your pin code, even put some money as capital. Its not really different. |
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Which risk here by trading bots? can anyone explaine me?
Well the risk is bad coded bot which would bring bad results, or a mass adoption of which would bring bad results, or the incapacity of the bot to react in time to particular important news. They will really have to focus on bug hunting to eliminate all mistakes in the code before the full release. No one wants to loose money because of a bug in the code. I would still be careful in the beginning and double check every parameter. The big risk in my mind is if some smart traders know how the bot work and manipulate the pattern. They will take money from those lazy people who leave their bots working alone. So changing strategies (DAFs) is needed, and also development which will happen for sure. I don't think that it's easy to track how a bot works, it takes a lot of time and the bot changes the tactics of trade. Yes of course, it will not be easy if there will always be changes or developments. I was just talking about how bull trap came up and also bear trap to trigger stop loses. |
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pre-sale is open tomorrow?
good luck your project. it will be success
9 Hours left, you can go to their website : https://www.paypie.com/ to see the countdown. |
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I dont like the idea to stop a presale!
If transactions are stuck in the blockchain, so be it. If the transaction will go to Genesis Vision after the pre-sale was sold out, they just get there funds back and they can try again during the ICO.
What about the ICO will it be stopped if there is a big backlog? No! So why do it for a presale?
Can you explain ? I don't really understand what happened. I think they just stopped selling option tokes not because transaction got stucked but because if they sell an excessive amount of option tokens they will sell too many GVT with presale bonus, screwing up who want to only join the ICO. "Genesis Vision team launched a special option program for ICO participation. This way the company gave the participants’ a guarantee to acquire GVT tokens at a specific price during the core ICO. Options also give some additional bonuses for tokens amount, and can allow early supporters to book their tokens in advance at a price they consider fair." Ah ok, I had misunderstood everything. Weird to not have any hard cap for the presale. Indeed. Why no hard cap? Why wasnt there a smart contract were let say: 20% of the tokens are for presale with a bonus of ...%. When all tokens are sold, just say sold out! This would be much beter to see a pre-sale that is sold out then a pre-sale that is cancelled. Anyway, glad there is so much interest in this project! I missed presale so crowdsale will be for me and everyone else At least it makes for an attention grabbing headline on CoinTelegraph. Although the fact it says "paid press release" above the article dampens its impact a little. What do you mean? genesis vision has an article on cointelegraph? Edited : oh its on 2 pages before. |
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What will happen with unclaimed DAT tokens? Will they burned or will Datum use them for developing or community building?
29% of minted DAT tokens will be held in a reserve by the Datum Genesis Ltd. for community initiatives, user growth, business development, academic research, and future market expansion. I think unsold tokens will go to this reserve. Cant see anything about tokens being burned. That 29 percent is the amount they have planned, it wont be so good if it is changed again. I think the best decision is to burn the unsold tokens, it will benefit both investor and Datum Genesis Ltd. |
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I dont like the idea to stop a presale!
If transactions are stuck in the blockchain, so be it. If the transaction will go to Genesis Vision after the pre-sale was sold out, they just get there funds back and they can try again during the ICO.
What about the ICO will it be stopped if there is a big backlog? No! So why do it for a presale?
Can you explain ? I don't really understand what happened. I think they just stopped selling option tokes not because transaction got stucked but because if they sell an excessive amount of option tokens they will sell too many GVT with presale bonus, screwing up who want to only join the ICO. "Genesis Vision team launched a special option program for ICO participation. This way the company gave the participants’ a guarantee to acquire GVT tokens at a specific price during the core ICO. Options also give some additional bonuses for tokens amount, and can allow early supporters to book their tokens in advance at a price they consider fair." Ah ok, I had misunderstood everything. Weird to not have any hard cap for the presale. Indeed. Why no hard cap? Why wasnt there a smart contract were let say: 20% of the tokens are for presale with a bonus of ...%. When all tokens are sold, just say sold out! This would be much beter to see a pre-sale that is sold out then a pre-sale that is cancelled. Anyway, glad there is so much interest in this project! I missed presale so crowdsale will be for me and everyone else How long has the pre-sale been running? |
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I agree with Heimer, as long as the product is high quality.
Plus some kind of good marketing strategy and activities
Attracting companies to participate is success
Well, I was thinking, for the moment it's not about the product itself, most of the bugs ICOs don't have viables products for the moment. SO yeah, like you said the marketing and communication strategy will do most part of the job  There are so many sectors that can be improved with partnership. It would be very nice if they could find the suitable one. |
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I asked a question while back but I do not think it was answered.
Has anyone found what benefits token buyers get out of holding the tokens?
The worth of the tokens will decrease if more people use this. Although I don't think this is planned as an investment so you don't need to get additional bonuses out of holding the tokens. "While Soma enables the use of multiple cryptographic currencies on its platform - There is a strong support for the use of SCT as a payment since it is incentivized by removing transaction costs from the transactions made in SCT." Maybe essentially this is a utility token and not an invesment token, so they wont give you any special benefit for holding the tokens. |
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Devs handle the communication very nicely, it’s very important, investors enjoy an active team, and people who support the project are glad to see that the devs are here to answer question and keep them informed about the project. Gatcoin have great argument to build a solid platform for reward program, im impatient to see the first big partner !
Active devs and supporting community are key ingredients for successful ICO! Looking forward to be able to use Gatcoin tokens  Yes, from what i see, they are the most active so far. And after GATCOIN launched their platform, the community within the platform will be the key to success. Don't forget partnerships with retailers. But at first, we need a working app. Of course, they have made a partnership with SK Planet Japan. |
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Why there is a very big gap between the soft cap and the hard cap?
Soft cap 5,000 ETH
Hard cap 153,000 ETH
More than 30x.
the soft cap needed to be reached in order to develop and advertise the coin a little more leading up to the ICO. The hard cap doesn't need to be reached, they're just aiming for that amount as a best case scenario. From that 153,000 ETH hard cap, i think it means this project has a very big potential and so many developments they have planned to do with more and more raised amount. |
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I dont like the idea to stop a presale!
If transactions are stuck in the blockchain, so be it. If the transaction will go to Genesis Vision after the pre-sale was sold out, they just get there funds back and they can try again during the ICO.
What about the ICO will it be stopped if there is a big backlog? No! So why do it for a presale?
Can you explain ? I don't really understand what happened. I think they just stopped selling option tokes not because transaction got stucked but because if they sell an excessive amount of option tokens they will sell too many GVT with presale bonus, screwing up who want to only join the ICO. "Genesis Vision team launched a special option program for ICO participation. This way the company gave the participants’ a guarantee to acquire GVT tokens at a specific price during the core ICO. Options also give some additional bonuses for tokens amount, and can allow early supporters to book their tokens in advance at a price they consider fair." Yes, big bonuses with excessive amounts on pre-sale will make ico investors think twice to invest in ICO. The raised money on ICO will be much less than Pre-sale raised money, like some projects i've seen before. |
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just wondering if i should request the alpha for ios - anybody don that so far?
i have, the new version came out today! How is it working? give us some infos please I haven't applied yet, but I am thinking about it  There is just the IOS alpha that is available for the moment ? yep, that's what people are saying , but haven't seen anyone giving feedback on it. Quite limited, android is way more used. Yep, android has significantly bigger user base than iOS, especially outside of US territory. I'm hoping that they will release android version soon Yep, android users are much more than iphone users in my country. Everyone knows how bad the iphone development has been recently. |
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Devs handle the communication very nicely, it’s very important, investors enjoy an active team, and people who support the project are glad to see that the devs are here to answer question and keep them informed about the project. Gatcoin have great argument to build a solid platform for reward program, im impatient to see the first big partner !
Active devs and supporting community are key ingredients for successful ICO! Looking forward to be able to use Gatcoin tokens Yes, from what i see, they are the most active so far. And after GATCOIN launched their platform, the community within the platform will be the key to success. |
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Which risk here by trading bots? can anyone explaine me?
Well the risk is bad coded bot which would bring bad results, or a mass adoption of which would bring bad results, or the incapacity of the bot to react in time to particular important news. They will really have to focus on bug hunting to eliminate all mistakes in the code before the full release. No one wants to loose money because of a bug in the code. I would still be careful in the beginning and double check every parameter. The big risk in my mind is if some smart traders know how the bot work and manipulate the pattern. They will take money from those lazy people who leave their bots working alone. So changing strategies (DAFs) is needed, and also development which will happen for sure. |
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Will UTRUST sell the collected ETH funds for fiat or will development and other investments be payed in ETH?
My opinion : FIAT. Even bitcoin is still not accepted as a currency everywhere, what can ETH do? (for now). |
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