[ANN] [TRST] WeTrust - For the People, By the People!

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I think less 1 month price rise to $0.6-$0.8

[stupid_seb]

I think less 1 month price rise to $0.6-$0.8

x2 when the beta is released.
x5 to x10 end of the year. Market cap is very low (sub30M) and the potential of this coin is around $300M to $400M based on the arket they are tackling.

It's in the whitepaper: trusted lending circles are huge in India, China, Latam and even the USA:

The global ROSCA  and informal banking industry is responsible for money flows over 10% of GDP in many countries, despite significant handling/transaction costs. An estimated >$500B flow through Trusted Lending Circle type groups each year.
In addition, social capital powered Trusted Lending Circles have potential compete in consumer loans, where the US market represents over $3.2 Trillion in outstanding consumer credit.
Globally, the P2P Lending market is growing rapidly and has a market size of over $70B/ year. Finally, WeTrust plans to deliver insurance services built on the Trusted Lending Circles, which can be seen as the foundation for a mutual insurance framework. The insurance industry generated over $1.1 Trillion in premiums in the United States in 2015.

They are speaking with big names in the ROSCA world at the moment.
$70Billion per year is huge.
If wetrust gets 0.1% of this market (1/1000 lending circle... nothing assuming the partnerships they are making).
Then, they can tackle a $70Million market PER YEAR just for trusted lending circles (ROSCA).

Generally you work on a Price on Earning ratio of 10 in the stock markets (10years revenues). Let's be conservative for cryptos and take 4 years
--> $280M market capitalization

Add the insurance premiums...with a couple partnerships (live CIVIC did recently, the fintech and insurancetech is prome to partner with the cryptos),

and we have a Billion dollar project. (x50 vs today)

[scambust]

and we have a Billion dollar project. (x50 vs today)

It will take years since this type of financial product takes years to develop. But it would be better if you buy at basement prices, even ground floor or 1st floor prices.

[yingfeng]

Interesting to see the next 40 days both from the price and the future of the company perspective. This has been one of the most stable companies which really pissed the day traders but for HODLers this company didn't dissapoint and finally it is time to see if the long term holders will get anything out of it or not!

The price will definitely increase, when there is a big event ahead usually the whales will start to accumulate.
WeTrust or TRST tokens has never gone down so hard, it slowly got down due to the price increase of bitcoin but this big news
will make TRST not gonna depend on the price of bitcoin.

Do not depend on Bitcoin is a very difficult task. While the alt is not working. But I very much hope that this will happen with the development of the project.

[stupid_seb]

and we have a Billion dollar project. (x50 vs today)

It will take years since this type of financial product takes years to develop. But it would be better if you buy at basement prices, even ground floor or 1st floor prices.

It takes years to get into the market, but ROSCAs are massive already. They just need the right partnerships.
At 1st, it's going to be with Latam rosca groups, then hopefully some insurances will kick in in a second time.
By end of the year we can seriously imagine a x5 jump. $30M is ridiculous for this company, who has a working product.


TRST is to lending what Bitcoin is to money: an alternative without 3rd parties, where the rules are clear from scratch.

[Anarchy101]

Do we have an estimated month for the release of the BETA version of the dApp or is it still unknown?

Thanks

[rajatjain]

Do we have an estimated month for the release of the BETA version of the dApp or is it still unknown?

Thanks

Before this month's end and the first version will come out late in december. So good things ahead from now on! Hope to see some crucial partnerships from the new year in some countries where this product will really help the people with the lending and borrowing. Certainly a better version than relying on chit funds

[Natalim]

Do we have an estimated month for the release of the BETA version of the dApp or is it still unknown?

Thanks

Before this month's end and the first version will come out late in december. So good things ahead from now on! Hope to see some crucial partnerships from the new year in some countries where this product will really help the people with the lending and borrowing. Certainly a better version than relying on chit funds

We do not have to wait for a longer time because this will happen based on their road map.
Time to celebrate now if you have bought already as I am very sure WeTrust will end with a good year, maybe there is a chance we can break the all time high since volume can easily grow in bittrex.

[tonnynguyen]

This is big news about the beta release in this month. It means that in next few days remaining of this month big updates are being given. For me it is sufficient to know beta is going to be open for public or closed white-listed group. This shows end of December as planned is going to be big big event maker for Trst holders.

<=== i belive you . This coin is good.

[tehMoonwalker]

I think less 1 month price rise to $0.6-$0.8

x2 when the beta is released.
x5 to x10 end of the year. Market cap is very low (sub30M) and the potential of this coin is around $300M to $400M based on the arket they are tackling.

It's in the whitepaper: trusted lending circles are huge in India, China, Latam and even the USA:

The global ROSCA  and informal banking industry is responsible for money flows over 10% of GDP in many countries, despite significant handling/transaction costs. An estimated >$500B flow through Trusted Lending Circle type groups each year.
In addition, social capital powered Trusted Lending Circles have potential compete in consumer loans, where the US market represents over $3.2 Trillion in outstanding consumer credit.
Globally, the P2P Lending market is growing rapidly and has a market size of over $70B/ year. Finally, WeTrust plans to deliver insurance services built on the Trusted Lending Circles, which can be seen as the foundation for a mutual insurance framework. The insurance industry generated over $1.1 Trillion in premiums in the United States in 2015.

They are speaking with big names in the ROSCA world at the moment.
$70Billion per year is huge.
If wetrust gets 0.1% of this market (1/1000 lending circle... nothing assuming the partnerships they are making).
Then, they can tackle a $70Million market PER YEAR just for trusted lending circles (ROSCA).

Generally you work on a Price on Earning ratio of 10 in the stock markets (10years revenues). Let's be conservative for cryptos and take 4 years
--> $280M market capitalization

Add the insurance premiums...with a couple partnerships (live CIVIC did recently, the fintech and insurancetech is prome to partner with the cryptos),

and we have a Billion dollar project. (x50 vs today)

i agree, beautiful explaination ! trst one of the most underrated projects out there!

[zhongzy]

This is big news about the beta release in this month. It means that in next few days remaining of this month big updates are being given. For me it is sufficient to know beta is going to be open for public or closed white-listed group. This shows end of December as planned is going to be big big event maker for Trst holders.

<=== i belive you . This coin is good.

i am always waitting for good news from team ,just not fews days remain this month ,hope don't be disappointed

[Xandan]

I take it other way because the sooner the beta version is available the earlier we can expect full version of platform. Beta will be final testing phase and after months testing this phase should be shorter too. Things seems on track and as planned by the end of this year to be ready.

[yingfeng]

I think less 1 month price rise to $0.6-$0.8

x2 when the beta is released.
x5 to x10 end of the year. Market cap is very low (sub30M) and the potential of this coin is around $300M to $400M based on the arket they are tackling.

It's in the whitepaper: trusted lending circles are huge in India, China, Latam and even the USA:

The global ROSCA  and informal banking industry is responsible for money flows over 10% of GDP in many countries, despite significant handling/transaction costs. An estimated >$500B flow through Trusted Lending Circle type groups each year.
In addition, social capital powered Trusted Lending Circles have potential compete in consumer loans, where the US market represents over $3.2 Trillion in outstanding consumer credit.
Globally, the P2P Lending market is growing rapidly and has a market size of over $70B/ year. Finally, WeTrust plans to deliver insurance services built on the Trusted Lending Circles, which can be seen as the foundation for a mutual insurance framework. The insurance industry generated over $1.1 Trillion in premiums in the United States in 2015.

They are speaking with big names in the ROSCA world at the moment.
$70Billion per year is huge.
If wetrust gets 0.1% of this market (1/1000 lending circle... nothing assuming the partnerships they are making).
Then, they can tackle a $70Million market PER YEAR just for trusted lending circles (ROSCA).

Generally you work on a Price on Earning ratio of 10 in the stock markets (10years revenues). Let's be conservative for cryptos and take 4 years
--> $280M market capitalization

Add the insurance premiums...with a couple partnerships (live CIVIC did recently, the fintech and insurancetech is prome to partner with the cryptos),

and we have a Billion dollar project. (x50 vs today)

i agree, beautiful explaination ! trst one of the most underrated projects out there!

I agree. You just need to keep the TRST tokens in your portfolio. In the future, TRST investors will be very happy. I bought some more coins. Although the bulk of the volume I bought in the summer.

[Anarchy101]

Do we have an estimated month for the release of the BETA version of the dApp or is it still unknown?

Thanks

Before this month's end and the first version will come out late in december. So good things ahead from now on! Hope to see some crucial partnerships from the new year in some countries where this product will really help the people with the lending and borrowing. Certainly a better version than relying on chit funds

Damn it's not that far now right now TRST is a sleeping giant once the first version is released it will be good time for us early investors.

[BitMaver]

WeTrust Community Update — November 23, 2017 | A special Thanksgiving edition of the WeTrust community update!
Read more: https://blog.wetrust.io/wetrust-community-update-november-23-2017-eca990d157be.

[nelson4lov]

Great news about the beta. Perhaps soon investors will be very pleased. I keep TRST in the portfolio since spring. The insurance market is huge, I hope the company will develop very much.

I wish I could say the same for myself. Sold TRST at the peak. Looking to buy back. The team raised only $5M and has been consistent with updates which is one of the reasons why this project is still up and running ~ Communication. Kudos to the team

[scambust]

Great news about the beta. Perhaps soon investors will be very pleased. I keep TRST in the portfolio since spring. The insurance market is huge, I hope the company will develop very much.

I wish I could say the same for myself. Sold TRST at the peak. Looking to buy back. The team raised only $5M and has been consistent with updates which is one of the reasons why this project is still up and running ~ Communication. Kudos to the team

Yeah, Wetrust is one of those tokens that are slow cooking and have lesser traders in positions during this zero hype period.

[Anarchy101]

WeTrust Community Update — November 23, 2017 | A special Thanksgiving edition of the WeTrust community update!
Read more: https://blog.wetrust.io/wetrust-community-update-november-23-2017-eca990d157be.

How will you guys select supporters for the BETA testing? Is there some form to be filled for applying for the position?

[jtalk]

Market is showing huge buying interest in trst today. That is the reason this another session took push the price at above 4500 satoshi again. These small increase will transform into quick rise with updates. That is very good analyze about the possibility of increase in price with fully functional platform's availability. WeTrust should be among billions dollars markets.

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Good investment for 2018 fill my bag