Its really interesting to see how bot will work, it’s a complexe algorithm really technical and powerful. I think that the bot behind each daf will be incredible. And we daf will manage liquidity, so if you want to redeem your token you can do it at anytime.
The google alogory are currently being supported by humans who are not employed but paid to check the relevance of the search results. The first time I heard that google has employees to check the relevance of search results, I couldnt believe it. Maybe we ''the non-tech people'' overrate what algorithms can do. But if this project succeeds, we are going to be rich  Algos are there to do day to day task but they are not mature enough to react on a new query. They need to be trained for once. |
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I never liked paypal due to it's centralized nature. I will be using utrust heavily as I want to spend my cryptos directly rather than converting them into bitcoin and then sell them for FIAT which is very tedious process.
Actually there are already a platform that instantly convert you crypto to USD when making a purchased monaco and centra have already done that, the question is can we use it worldwide? Utrust is aiming to be a payment processor for crypto user, but before we can call it a payment processors it needs a merchant. But, both of them support only a handful of the cryptos. I hope utrust will overcome this barrier. |
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How will you convince users to sell their data to anyone? I know most of the companies sell my data but that happens in the background and I don't know about that.
WHy would I sell my data to anyone?
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Yes i think that genesis vision will be one of the ico how will sold out very fast. Just look the pre registration was stoped due to the huge demand. The concept is great and a lot of people wait to enter in the project. Genesis vision will raise a lot and the project will go far.
Based on their PreIco performance I couldn't agree more. They will indeed be sell out in a few hours. |
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Yes Asia is a big market, and gatcoin has great features to become a huge platform in these countries. Then gatcoin will spread in the world, cause if the platform is a sucess in Asia, the development of gatcoin will continue worldwide !
Japan by self even good market for GATCOIN. strong team involve in this project and looking forward Not just Japan. If you look at the trends then India is the biggest market nowadays for any new tech-related project. And if you talk about rewards and discounts then no one will be more excited than Indians.  |
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I still did not hear anything about buyer protection and handling of delieveries.
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how bot is going to react to fake news? that is major issues today
I don't think the bots will react to any news at all lol they will act like they got their input but will not react on specific news or something. I think here humans are needed who will change parameters etc. Well the bot will react to the market and in this way react to the impact of news on the price development of a certain asset, but it won't react directly to a news. in any case, practice will show, but I do not think what bot will be able to react on news - it seems too impracticable task But I think in 10-20 years AI will be able to even react to news although it's a long way until that. Of course, in the future, they will react even to news directly maybe. But that's the future and still some years ahead. At the moment humans are needed to change paramters, if something is happening. Maybe google will build a crypto trade AI someday? lol The day when machine learning and AI will be implemented they will react to everything and that day the bots will be really advanced. |
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what will happen if ever a dispute between the parties involve with the sale of goods for example the buyer cancels the order from the seller? will utrust hold such payment for this kind of scenario that could occur?
On page 18 of the whitepaper it says the buyer has to pay an escalation fee of 2% over the amount in hold if a buyer refund is issued by the UTRUST mediator. Additionally the buyer's rating is downgraded. wow this is a good feature that utrust had design with its payment platform this will prevent such bogus buyers from tripping the good sellers Exactly. PayPal has inflicted a world of hurt upon good sellers for years. Here comes UTRUST to turn the tide. And even in case of an escalation fee UTRUST may come out cheaper for buyers than PayPal. It's why I love competition so much. if one company screws it's customers, there are others that will take them in and treat them right. In a year, PayPal will have to change his terms, otherwise they will lose customers who will join to Utrust. I never liked paypal due to it's centralized nature. I will be using utrust heavily as I want to spend my cryptos directly rather than converting them into bitcoin and then sell them for FIAT which is very tedious process. |
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So, you want to connect users to sell their data to the companies who need it?
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Genesis Vision Stopped Pre-Order Campaign Due To Excessive Demand Damn, that's a very good news. Seems like there's much more buzz about the Genesis Vision in the market. |
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no more reward cards needs to carry around. just need single app on smart phone. cool
Yes, this platform will make things simple Im sure when they tell people about this when they advertise this platform, so many people will be interested. Will they offer a Gatcoin card where the customers will be able to save all their coins or just an smartphone app? I guess smartphone app is good enough. There's no need for a card. An app will be used to send and receive coins. |
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How deliveries will be handled and are there any special requirements to become a seller?
My guess, how you handle deliveries will be agreed between buyer + seller, like at Ebay. And I can't image that there will be special requirements for sellers. If you want sell sth you put it on the platform, thats it. Ebay has many concepts like power sellers, top rated sellers etc. and they use to get special rates from the courier guys. SOMA will have something similar or not? Also, are they doing any partnership with some courier agencies? |
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I love Stéphane Ifrah's three reasoning about bots.
1) Bots don't act with their emotions.
2) Bots have the capacity to analyze larger information.
3) They do these very very quickly.
Thats so true! I'm sure a lot of brokers will be using the bots of NapoleonX for some clients. Easy money for the broker  Still a long way untill the ICO date. Really hope they will keep on giving the community great news the following weeks. Great work team Even I'm planning to use NaPoleonX bots for my day to day trading needs that way I will have more free time to focus on other things. |
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Utrust will work as a bridge between the crypto hodlers and the merchants. The thing which is holding everyone in crypto space is the conversion into FIAT but with utrust it will be very easy.
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Can anyone inform me of the added value of Jaxx? I don't really get the fuss about this.
I think Paypie is a very decent and platform with a great future ahead but I don't understand why this Jaxx is such big news?
I don't think you can compare adding one of the Founders of ETH to your team to being listed on a wallet ? Just my 2 cents.
It's not a big news but, out of 1000 tokens paypie is getting native support from Jaxx which is quite a big news in itself. As Jaxx is widely used it will help getting more eyes on Paypie. |
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Will there be maximum and minimum limit on money to be invested on any trader's tokens?
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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. I know that feel. I also did these kinds of things but, not anymore. It's really necessary to prevent these kinds of things in order to spread to a more wider audience. |
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Jaxx is a well known wallet and paypie integration with it will certainly get more limelight to the paypie.
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How deliveries will be handled and are there any special requirements to become a seller?
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I love Stéphane Ifrah's three reasoning about bots.
1) Bots don't act with their emotions.
2) Bots have the capacity to analyze larger information.
3) They do these very very quickly.
I agree with all of the points. I lost a few times due to panic and fear. |
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