If manager lost investors money? than investors also lost? And also, what will be with this manager? He will got negative rating?
If that manager lose all his money you're going to lose your invested money and genesis vision can do nothing about that. The only thing you can do afterwards is to deprecate that manager so that other people will not invest in him But he also lost him trust and rating? Right? So, we must сhoose only trusted managers... It will all go to his trading history and everyone will be able to see, that he lost that much money which would mean that nobody will be probably willing to invest in him anymore. I am just wondering if that manager can easily make a new account and start over? |
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Im a bit curious about their alpha, can the team please do a SOMA walkthrough on the app for us who dont have an Iphone. thanks  We'll have to wait for some feedbacks from iPhones users. Hope there will be enough to really test the application. I dont know why they are waiting with android version. I know they said for now they will present just iOS one but i think they should invest some time to release a version for everyone else also. It will boost the ICO investments for sure. Same here, more people are owning an Android phone. It will be released and I really hope it will be fast because I'm very curious. Is there anyone with an iOS who has tested this? the dev's really need to get on this and have a video presentation up of this alpha. it's good for promoting the project. probably while there is no presentation because it is necessary to recheck everything before launching, to eliminate all bugs and so on. I think this is the right decision But its already the second version of alpha so i would think they already fixed most of the bugs. It doesnt really take much time to take a video of your phone and scroll trough the platform just to give us a sense how the graphic interface looks. |
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This is just surreal, to be able to gather so much money during pre sale, if this trend will continue in ICO, this project will be one of the most successful in the whole year. I can even imagine where could it go from there.
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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. Isn't the whole idea behind this project, that GATcoin creates the tokens for them (writes the smart contract) how the merchant requests or at least advices the merchants step by step at creating their tokens? I'm sure it will go this way otherwise it will become a mess of tokens created by merchants. Very curious how the platform will look and how everything will work. Cant wait to see more of this project! Great work devs Of course it will be like that way. I can't think about all merchants trying to create their tokens with writing the smart contract You cant just expect for merchants to join and make tokens by themselves because the goal of Gatcoin platform is to attract as many as they can. It would be a pretty bad marketing if they wouldnt offer any support because, at least at the beginning, i doubt that merchants will be fighting to join the platform. |
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After an obvious scammer account posted here in this thread, please all of you make sure that you got the correct address ready to send your ETH to when the sale starts soon. Don't give these damn scums a chance to steal your money.
That is another sign never to trust anyone on this forum and always check their website for the right address and even then double check it. Thanks Wapinter for giving us a heads up. |
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As far as I understood if you use UTrust tokens you don't pay merchant fees, only eth network fees (this is normal, you need to spend gas to move your tokens, always)
I understood the same way. It was said by dev, and it is a logical decision. You can't do it free because of ethereum chain needs a fee, so it is a good solution. Thats how you assure circulation of Utrust tokens and make its value grow. Devs had to make their tokens more attractive to use and that is the best way to do it, but like you said, you cant trade with ETH token without network fees. |
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i want to know is there gatcoin issue devices for merchants to create bonus coupon or something like that?
don't think so. a merchants enters into a contract with Gatcoin, and then the team generates the tokens for the merchant. But i think it would be better if there is an app/device, so it will be simpler and easier. Im sure merchants will be able to log on in the app to issue new coupons and bonuses as much as they will want to. Ok, their coin will probably be created by Gatcoin team, but merchants will be managing it themselves. At least this would be the most logical thing to do. |
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is there genesis vision project hire top traders or will hire in future and how much fees for trade genesis or manager will charge and trader connect fund with system?
As far as i understand they wont be hiring anyone. Any user can be a manager as long as he invests some money and is able to convince investors to trust him with their money by providing a successful trading history with profitable investments. |
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i want to know when bot or trader trade with our investment then how much risk involvement? i know napoleonX will do best for us. i just want to know only.
Im also want to know risks... I asked this also, but didnt receive answer... May be someone can tell me? the risks can't be "calculated" as of yet. once everything is ready , testing will need to be done ,which will determine factors such as risk The stats of the bots should quickly be available. After this there rish assessment etc. You know how they say, if you dont take risks, you wont profit, so risk will be always there you could just probably lower it by changing some parameters but it that case the profit will be lower for sure. No one can guarantee you 100% profit without a chance to loose money, if that would be possible everyone would be rich. |
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I am actually nervous since there are just four hours left to pre sale. I never felt like this for any project but with this one i have such a good feeling that i cant wait for it to start. Thanks for the official tutorial on how to participate.
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Im a bit curious about their alpha, can the team please do a SOMA walkthrough on the app for us who dont have an Iphone. thanks We'll have to wait for some feedbacks from iPhones users. Hope there will be enough to really test the application. I dont know why they are waiting with android version. I know they said for now they will present just iOS one but i think they should invest some time to release a version for everyone else also. It will boost the ICO investments for sure. |
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In the future i can see UTRUST as the PAYPAL of cryptocurrency. This is revolutionary and solve the volatility of the coin which merchant feared when accepting cryptocurrency as payments. But with this UTRUST platform that problem is solve. Kudos on this product I'll definitely invest on this TOKEN. This will be big I can see PAYPAL of cryptocurrency in the making! That burning of coins is absolutely fantastic this will drive the UTRUST token price higher.
yes i agree UTRUST will have many supporters, i see it will be a phenomenal project that would attract many investors like the major coins.. It wont have as fast adoption as Paypal, but sooner or later, when bitcoin and other cryptocurrency get more worlds attention, im sure it will become one of the leading payment platforms. So far the team has been great, im just waiting for some alpha presentation and after that it can go just upwards. |
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a thing that should really be mentioned in here is that its really cool in which high frequency devs respond to questions out of the community.... thombs up for that
all good dev's should do this. it sends a message to the community that they're reliable and they can count on the project succeeding. Too much teams seems to forget it. With a strong community, you make some users want to build supports for the market, without it there is no supports and a coin can dump pretty fast. yep, you have to have users and investors that have faith in the projects. this prevents large scale dumps and decreases of value. God communication between devs and community is the key to good successful project and it has been proven in the past. They are doing a good job so far and it is starting to pay off. |
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We were thinking about soft cap, unsold tokens etc. And they stopped pre-order due excessive demand Haha yes, that's one of a hell thing  They, will probably not have problems to reach any soft cap  great news is, it will easy to sold out token without pre-sale and ICO will end with succesful, right? Its a wet dream for every developer I knew this project had a bright future, but i didnt expect the demand will be so big even before the pre sale. |
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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. |
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The utrust platform protects consumers by holding the amount paid by the purchaser until the end of the transaction and validating the platform's mediator, thus protecting the interests of the purchasers, and they are then safe to perform their purchases online that will open the online market to still many people currently reluctant.
That is great. Accompanied with lower transaction fees it will be a breakthrough. I'll be following and see what happens. Protection is one of the main concerns of the buyer and that is one of the biggest advantage of utrust after the buyer gets its product that is the time wherein they can give the full payment. This are actually two advantages that we are missing now in current payment platform, if you add that you will be able to use multiple currencies, you get the most advanced online payment system. I really hope they manage to make some big partnership as soon as possible. |
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You guys gonna sleep at all tonight? I cant imagine how huge tomorrow will be for you since you are probably giving all of yourself for the last moths in this project.
Will you have a gathering for the opening of pre sale?
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hi everyone, we released our new Alpha today, you will be able to request the iOS Alpha via our website ( https://soma.co/) . Existing users can just upgrade it directly in TestFlight. Thank you for your support! Thats great news, even thou i dont own a Apple device, ill try to borrow it and give you some feedback about new version. Its good that you are trying hard to keep you ICO active and things like this will help it a lot. |
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Imagine lots of shops issuing these tokens, the public will start using them because they get discounts and benefits for holding them
Maybe I am getting sidetracked, but could it happen that some less morally inclined personnel might embezzle a portion of those tokens that are as you say obviously valuable? I'm actually glad you brought this up the open nature of a blockchain based rewards system actually lowers the chance of an individual within a merchants company committing fraud, as every interaction is trackable and verifiable, unlike a traditional database system that is more easily manipulated. In my country when a merchant makes a good campaign, personnel embezzles all of them and you can't apply it. It is a disgrace. And reading that it can prevent with gatcoin is marvelous. I hope one day you will be in my country too. Thats a strange system you have. Usually employees cant take part in different campaigns and promotions. But since the goal of Gatcoin is also a diversity of merchant coins and their circulation, i think there wont be any problems like that. |
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Genesis Vision Stopped Pre-Order Campaign Due To Excessive Demand Man i didnt know this can happen but apparently everything is possible. I guess the traffic during ICOs is so big, that the demand for options was that huge. So from now on there is no garante you will receive a bonus if you are not among the option holders. |
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