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61  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 31, 2017, 03:32:10 PM
Dear Community,

Today we have a sweet surprise for you. An inside look into the UTRUST offices with a sneak peek at the end!







YouTube: https://www.youtube.com/watch?v=MMGlScCfwI4&feature=youtu.be
Telegram: https://t.me/utrustofficial

All the best,

Your UTRUST Team
62  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 31, 2017, 02:49:55 PM
Can US citizens/residents participate in the ICO Huh

Yes as long as they are an accredited investor.
63  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 31, 2017, 02:49:20 PM
I saw an Utrust advertisement on Instagram Story, I was flabbergasted ad I did not expect to see crypto advertisement on Instagram! I think its smart.

Adversiting in Instagram?  Shocked
I hope they cant stop adversiting after ICO  as well Roll Eyes

I think advertisement after ICO is more important. People need to know the use case for it. Finding merchants that accept it will be key, also a good marketing strategy

They don't need advertisement this much after ico. They need good communication and new partners.

So Hypothetical situation:

You go to amazon and buy a book (obviously a crypto one). You get to payment options and you see mastercard - visa- paypal - Bank wire - American express - Utrust

You need to be in crypto to know what utrust is, and I dont think everyone in crypto knows about uTrust. So we still need marketing to explain people what it is, and how easy to use it is

This year a lot of people learned about crypto currency. Many publications, articles on the Internet, information in social networks, Telegram are crowded with crypto-currencies. Even governments of different countries decide how they treat crypto-currencies. Knowledge of crypto-currencies will spread more and more with time. So UTRUST comes to the prepared environment of consumers.

Yeah, i could list like a hundreds of internet payment methods out there, that i've never heard of before seeing them. Cryptocurrencies are one of the top recognizable ones for sure. But i agree, advertisements and how to clips after ICO are important. Obviously they would be not going to be directed to crypto investors but to end users. But if utrust accept fiat, they don't need to explain in detail how it works.

I think the process it will be pretty straightforward, even for non crypto users. the hardest challenge will be reaching the non crypto folk.


You are correct the process is designed to be easy for everyone, even non crypto or non tech savvy users. Once consumers start seeing UTRUST as an option in their favorite websites it will create curiosity and growth. Which will coincidence with more public advertising once we have a strong merchant base.
64  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 31, 2017, 09:43:35 AM
I saw an Utrust advertisement on Instagram Story, I was flabbergasted ad I did not expect to see crypto advertisement on Instagram! I think its smart.

Adversiting in Instagram?  Shocked
I hope they cant stop adversiting after ICO  as well Roll Eyes

I think advertisement after ICO is more important. People need to know the use case for it. Finding merchants that accept it will be key, also a good marketing strategy

We won't advertise much after the ICO, and instead focus on adoption of selected merchants (December 2017), going to conferences to build an audience. You can see a list of confirmed conferences here:
https://medium.com/@UTRUST/utrust-worldwide-%EF%B8%8F-44b50a290934

🚀
65  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 31, 2017, 08:38:48 AM
what is so special here? ether wallet isnt the same?

Hi Ashley! Welcome to UTRUST Smiley

I'd suggest reading one (or all!) of those articles to learn more.


We are building "the PayPal of cryptocurrencies", with buyer protection, escrow and fiat gateway. Regulated in Switzerland.

🚀

I hope this isnt considered spam, but this topic is hitting page 300 today! I have not seen a topic do that before ICO even starts.. Very excited to see how UTrust does with ICO

Indeed! ❤️
66  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 31, 2017, 02:30:54 AM
Any word on the UTRUST sale date? I'm at the edge of my seat?

Utrust token sale will start on November 2nd,2017 at 2PM UTC. i am also so excited about sale and my friends also because we going to part of this promising project.

many people want to be part of this ICO! After ICO they will burn the tokens if not hit hardcap ,so there is little rish for investor.



Yes any unsold tokens from the ICO will be burned.
67  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] UTRUST The future of online payments is here. on: October 31, 2017, 12:01:34 AM
Good morning everyone!
A lot of useful information you write in the branch, many thanks to all for this. Can you please tell us what is the minimum cap for the UTRUST project?
We look forward to ICO, there is not much time left! Many thanks to the developers!
To all who take part in the bounty I wish good luck.
Have a nice day, everyone!


Good day pal, i think this project does not need a minimum cap anymore because it has collected quite a huge amount already due to the decision of the devs to postpone the ICO which has contributed a lot in the project because it was on the extension days that this project got even more noticed and managed to pull in a oretty good amount of investors.
I agree, UTRUST can easily collect hard cap-
dynamics of the popularity of the project is constantly growing, I think investors can buy all the tokens on the first day, 3 days left to start ICO

For me they dont need to get the hard cap Smiley
After ICO they will burn the tokens so less tokens in supply the greater the value Smiley

I think everyone want to be part of this ICO!
This will be huge

Yes, there is no need that the ICO gets sold out completely as long as unsold tokens are burned. But every dollar UTrust can raise more, can help to develop the platform faster and get more merchants to implement UTrust.

Exactly and we doing our best to surpass community's expectations on bringing the platform to market.
68  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 30, 2017, 06:49:01 PM
Hi. Is there a minimum contribution for the ICO? About how much?

0.2 ETH or 0.02 BTC 🚀
69  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 30, 2017, 06:30:29 PM
Quote
I'm sorry for the delay but we recently released information that U.S. citizens and U.S. residents can participate, albeit with restrictions. First and foremost, only accredited investors will be able to take part. If you have any more questions I'd suggest writing legal@utrust.io as they are dealing with U.S. investors.

What does this mean: "accredited investors"? How they can get accreditation?

All the required information you can find here:
https://en.wikipedia.org/wiki/Accredited_investor#United_States
70  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 30, 2017, 05:44:29 PM
Dear Community,

The pre ico sold out is a good sign .. maybe it's safe to invest now  Grin
If it's going to be sold out, I'm expecting many weak hands like I saw in previous ICOs or price go down till Q2 next year. I'm planning to buy when price's going to be cheap
It's sad that most previous projects are sold after they go to exchanges lower than the ICO price was. Let's hope UTRUST will not be the same.

We actually have solid reason to believe that this is not going to be the case for our tokens. Most big ICOs sell at large discounts to buyer groups. These discounts are often as high as 80% of retail value. We vehemently refused to do this and rejected all inquiries of this kind! Further, U.S. investors have a vesting period of 12 months, during which they cannot withdraw (and therefore not sell) their tokens either. Moreover, the 10% we hold are only released at 2% every year (over 5 years). And finally, we are still considering a vesting period for private investors, that could reduce the amount that could immediately be dumped for minor profit to just a handful of millions max, including the bounties.

So you may see while we are very confident in our price development. However, we will not speculate about the price or make any promises.

I've been a member of hacked.com for a year now and I always follow there advice and they never disappointed me!
When I saw this review on hacked.com:
https://hacked.com/ico-analysis-utrust/

It confirmed the feeling I was having about this project! I already supported it and after this review I was convienced this will be the next big thing out there!
Cant wait for the ICO!

Great work team

Thank you so much for sharing this again. We were also very happy to read it!

It hasn't officially started the ICO yet, and there are nearly 300 pages of replies,
UTRUST is  too hot

Lol, i can't keep up with it, people are speculating, and speculating is fun if you can see all the huge possibilities this has. And i for one wan't to keep up with all the speculation and news so i can tell how much i am gonna invest

Our community is just the best! ❤️
71  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 30, 2017, 03:45:47 PM
What are the chances that fees will go up after successful mass adoption? Did you talk about that already or you are not considering it.
Some ICOs already shown that economy is getting better so we can expect a great month.

There are no plans to increase fees we have a very strong competitive advantage by keeping it low and tend to stay that way.
72  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] UTRUST The future of online payments is here. on: October 30, 2017, 03:27:51 PM
I do not think this question was answered yet:

Going by the whitepaper, UTRUST's escrow hold period is solely dependent on the merchants performance history and varies between 0 to 21 days.

If this is a trusted merchant with a high-performance rating, the funds will be released almost immediately.

Physical goods ordered online and transported through a carrier are never received immediately by the buyer. However, for a trusted merchant the money is not put into the escrow hold or a very short one. Thus, there is a period of time where the transaction is still in process but not protected by escrow.

Escrow.com requires online tracking and does not release the money until the carrier says it is delivered.

Does UTRUST also plan such a system or is it going to stick with the plan outlined in the whitepaper?


If I am not mistaken I answered this a few pages ago. Initially, we are not planning implement any tracking services for these goods, but you can rest assured that a threshold is going to be big enough for those merchants to really have a solid history before it becomes available to them. By implication, this will mean that only sellers with a lot of trust will be able to to ever get there, and with this trust, they deserve the benefit of receiving funds almost immediately due to their reputation!
73  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 30, 2017, 01:49:18 PM
We must enter our owm data in crowdsale or it is not necessary?

Yes, they are doing KYC "Know our customer" Like most of the exchanges and icos should be doing now for the legal reasons. On KYC you need to send the proof that they'll request.

The fact they ask personal information since they will be KYC complaiant it may look as a hassle but in reality show the committment of the company to follow the lagislation.
Same thing goes for the AML.
In fact it seems this in the future will be a necessary thing to do for everyone, as exchanges are also moving toward listing KYC/AML compliant tokens only.

Good to see UTRUST is on top of things, let's see in a few days when the ico start what kind of investments we will see arriving.

Exactly we are taking all legal precautions in order to be a legitimate business starting now and into the future. Any ICO that isn't following KYC is at a huge risk of fraud.
74  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 30, 2017, 12:44:48 PM
We fully believe in this project and that it fills a big gap in this market. There is no commercial use for cryptocurrencies without a 3rd party service mediator such as UTRUST. Traditional online payment systems... This idea itself is enough explanation. A coin without a use case and circulation is a dead coin

The launching of ico in the utrust project is nearly approaching. We only have three more days left. The long wait is over for us and for the investors. This launch will be surely become a success.

I can’t wait for two more days so excited. I hope it won’t be sold before I make my purchase

Was there any pre sale with big discounts and is there a whitelist to reg for the ICO?
Pretty interested how much was sold in pre sale, and if they have a whitelist how many people are on there


There was a pre-sale that was $0.03 per UTK which we only sold $3.5M worth of tokens and aim to raise a total $49M in total during ICO. The market cap will barely be affected by this at all, even if everybody would dump at the same time. This is different for other ICOs, but we rejected offers from big buying groups asking for discounts and expect our price to be very stable once it hits the market.
There isn't a whitelist but the is a KYC which is mandatory in order to withdraw your funds after participating in the ICO.
75  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 30, 2017, 11:44:01 AM
Reading more about UTRUST, in particular about the dispute resolution:

Traditional solutions such as PayPal have a lengthy waiting period of transaction resolutions while they gather evidence on both sides
independently (taking up to several months), making it a slow and painful process. We provide both a self-mediated 2-party resolution mode, and an advanced 3-party resolution dispute mechanism, enabling both parties to chat in real time, guided by one of our resolution
mediators. We make it quick and easy to sort conflicts.

This does sound like a good idea, but in reality we don't really know if it will work or what.
Was there already somebody doing it with good or better result than PayPal? If you could answer this would be appreciated.  Cheesy

There isn't anyone doing buyer protection like UTRUST which is what really separates us from other payment platforms. The reason why we will have a 3-party resolution dispute mechanism is because they are experts in these situations dedicated into doing this, therefore saving time. Also merchants will build trust rating over time and be able to complete transactions faster.
76  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 30, 2017, 10:35:16 AM
I think UTRUST will be the future payments in 2018 ii will affordable to to use UTRUST tranfering money to one another and for low cost,We will charge us only for flat 1% fee   payments. Other services such as PayPal charge a flat minimum rate of 2.9%, but can go above 5% after all “hidden fees” are accounted for.  thats why much better to use UTRUST payment.

It's sure that I'll speculate a lot on Utrust in 2018, could be a really good investments, even more while trading daily on it.
theres no doubt boutthe investment in utrust are great , but i agree 2018 is the start to jump up with utrusst ! this project will put in history of crypto currency!

Damn, I just keeps on getting deeper and deeper on my research to Utrust, and all that I'm thinking right now is, I want this coin to succeed! Not only because I'm invested to it. But man, if they are able to pull this thing off, being the paypal of cryptocurrencies. I think it is the beginning of a super mass adoption and beginning of the decline of fiat.

You and us both!

As stated earlier, we will onboard a few selected merchants and then scale up our platform!
77  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 30, 2017, 09:07:41 AM
Dear community,

Only 3 days now and we are all exceptionally excited for our ICO on 02 November 2017 at 2PM UTC.

We are sorry for the delay in answers on BitcoinTalk, naturally, we are all very busy preparing for the big day to make sure everything goes smoothly.

Once again we would like to thank you all on BitcoinTalk, Telegram, Slack and everywhere else for your support in recent weeks. We are all feel so blessed and appreciate you all very much. Our community is very important to us and therefore I will take time now to go through the last 10 pages and provide some feedback this morning.



So, they will have offices both in Switzerland and in Portugal?

Indeed, offices in both. Our engineers will remain in Portugal since the cost of living, office rental etc are significantly cheaper. You can compare the costs between Braga and Zug here. It literally says: "You would need around 6,481.19€ (7,509.54Fr.) in Zug to maintain the same standard of life that you can have with 2,000.00€ in Braga.", making life in Switzerland more than 3 times more expensive than in Braga!

Our investment funds provided by our community is important to us and we want to spend it wisely. Saving more than 300% every month for a team that has over 20 employees is a lot of money saved in the long-run!

I was reading this article
https://medium.com/@cointrackr/utrust-8e814a2dbedb

Here is some of the most intresting parts:

UTRUST also plans on being a crypto-to-fiat gateway. Through the platform users will be able to transfer crypto into their UTRUST wallets in any of the supported currencies to convert it to fiat before withdrawing into their local bank accounts. While this may not sound like a big deal, it is indeed a major factor in the evaluation since this will be among the first companies — regulated in Switzerland — that is allowed to do just that, making it future proof and very valuable. Swiss banks support both, SWIFT and SEPA, which means bank transfers should be available worldwide.

UTRUST charges a fee of 1% on every payment. Up to 20% of this fee (so up to 0.2% of every payment made with non-UTRUST tokens) is being used to buy back tokens from partnering exchanges at market-rate and send them to an address that nobody owns, making them virtually untouchable, even for UTRUST.

There are also a lot of info in general about the team and the project, matters that were openly discussed in here too.

Thank you so much for sharing this!

Two weeks ahead of its ICO on November 2nd 2017 (2pm UTC), cryptocurrency payments solution UTRUST has confirmed participation in key blockchain conferences across Europe, North America and Asia. These represent ongoing efforts to raise awareness and build new partnerships as part of UTRUST’s bid to be the world’s leading digital and blockchain payment platform.

https://news.bitcoin.com/pr-utrust-attending-blockchain-conferences-in-europe-asia-and-north-america-ahead-of-november-2nd-ico/

Awesome news indeed and not the only one. We have several conferences scheduled around the world and overall a very solid post-ICO plan. Loads of conferences and other intentions to spread awareness. Plus, we are going to onboard the first merchants by the end of December 2017!

Because this is what we were waiting for to securely spend our crypto currencies on merchants' website. I really hope they suceed because right now there's no buyer protection when you buy things with btc etc...

This is indeed our primary goal. UTRUST will make the industry better as a whole.

Yes, there are no dividends when holding UTrust tokens but with the constant burning of tokens for the next 18 years, there should be an increase in the value of the tokens you hold.

We do not believe in dividends and they are also very hard to do from a legal perspective. Projects that do them right now are very likely not to be compliant.

UTRUST will definitely give  more value to major cryptocurrencies that it will integrate into its platform. This will be  a win win situation for both the token and other cryptos it adapts.

Exactly! It will be good for the entire industry. Giving cryptocurrency a proper adoption tool, they may soon be worth a lot more!

So can US citizens officially take part of Utrust ICO or it hasnt been resolved yet? I would be good if you address this before November 2nd. We all know how much this would mean for initial budget.

I'm sorry for the delay but we recently released information that U.S. citizens and U.S. residents can participate, albeit with restrictions. First and foremost, only accredited investors will be able to take part. If you have any more questions I'd suggest writing legal@utrust.io as they are dealing with U.S. investors.

Is it true that seller ratings make shorter escrow times? Is not this bad for the customer???
I read it theere https://coinanalysis.io/utrust/

This won't necessarily affect users at all, but give further incentives to merchants to "be good".

For anyone who missed these article before :

1- https://medium.com/@cointrackr/utrust-8e814a2dbedb (There are some comparisons with other projects)
2- https://hacked.com/ico-analysis-utrust/ (ICO analysis, there is a comparison table with paypal and bitpay)
3- https://smarticoinvestor.com/utrust-ico/ (Utrust payment system, how it works and some explanations about utrust token)

Get more information about this project.

All very good articles. Thank you so much for sharing them here!

Private sale is 0.02 usd, but ICO for 0.065 usd? You are too greedy and make ICO investors bagholders. General projects have less bonus rate, but you have too much discount.

This is a common misconception. We only sold $3.5M worth of tokens and aim to raise a total $49M in total. The market cap will barely be affected by this at all, even if everybody would dump at the same time. This is different for other ICOs, but we rejected offers from big buying groups asking for discounts and expect our price to be very stable once it hits the market.

We mean it when we say that community the community is important to us and we do want to protect our investors.

I want buy it but.. how to? I'm a newbie. Anyone can help me also with a tutorial link?

Thanks

Hi and welcome to the cryptocurrency investment industry! Smiley

We recommend reading some of the articles quotes above plus our investment guide here:
https://s3-eu-west-1.amazonaws.com/utrust/utrust-guide-invest.pdf

Another article: https://thenextweb.com/money/2017/10/25/adding-buyer-protection-cryptocurrencies-finally-take-mainstream/

The title is very catchy: ''Adding buyer protection to cryptocurrencies could finally take them mainstream''

They are represented very well in the media. I can not imagine that there are still people left in the cryptoworld that didnt hear about Utrust.

We certainly hope so. Thank you so much!



This is it for now, if you have any further questions please don't hesitate to post here, or contact us via:

Telegram: https://t.me/utrustofficial
Email: support@utrust.io

Best Regards,
Your UTRUST Team
78  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 28, 2017, 11:52:23 AM
The article is very good!
https://smarticoinvestor.com/utrust-ico/
Easy to read, nice balance of emotions and facts)

But I still have a question about. How could you expect the same from this team as from Monetha were?

Here is no prototype as well,  we know nothing about the core and time of processing. So how could we compare btc transactions with UTrust trasaction in time if we don't know the time of UTrust?

Monetha is a very different team. At UTRUST, we have an established team of 15 engineers and a handful of product designers. Our MVP was in work, but due to regulations that we need to comply to we unfortunately had to push it back to implement KYC which also needs to be ready for the 02 November.

Transaction time of UTRUST tokens will be the same as any other Ethereum token (including Ether) and depend on your Gwei and Gas Limit.

Finally, our plan is to actually onboard the first selected merchants on late December this year, just under 2 months after the ICO!

Hope this helps!
79  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 28, 2017, 11:38:39 AM
I just find, that Utrust company registered in Switzerland? I think in Portugal (because devs from Portugal)  Roll Eyes

We are incorporated in Switzerland for legal reasons. Switzerland has been exceptionally welcoming to blockchain projects!

it's not easy to beat paypal. let's hope utrust becomes a household name.

Same here 👏


I do agree that Switzerland is open for cryptocurrencies but isnt it also have harsh rules for ICOs.?

The thing is, UTRUST is always being 100% compliant. Other ICOs which I won't mention here already have problems with this. Some of them may run into legal issues in the future, others have problems being accepted by any major exchanges. UTRUST is not about the ICO (yet, it is a vital part!). We are establishing a legal framework that will set out the base for a bright future and years to come.

Our entire team believes firmly in what we are building now and these goals can only be achieved if you do it the right way from the ground up.

Yes, this indeed puts some hurdles into our way in regards to excluding some investors, but in the end we want to be here for the next generation ("Web 3.0") which, in our opinion, is build with blockchain technology! 👏
80  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 28, 2017, 11:26:25 AM
I just find, that Utrust company registered in Switzerland? I think in Portugal (because devs from Portugal)  Roll Eyes

We are incorporated in Switzerland for legal reasons. Switzerland has been exceptionally welcoming to blockchain projects!

it's not easy to beat paypal. let's hope utrust becomes a household name.

Same here 👏
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