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Author Topic: UTRUST  (Read 313893 times)
Iruwen
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September 26, 2017, 08:28:03 PM
 #1341

I found this on medium: "After careful consideration, we will no longer offer 7 rounds with different pricing levels. Instead, we will only offer 1 investment round at a fixed price of $0.065 per UTRUST token." So there are no early bird discounts? would be nice to have some incentive for early supporters.
Early birds invested on 08/28  Wink
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Rigorous
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September 26, 2017, 08:28:56 PM
 #1342

In the future, this is possible if the project will prove its platform and the capitalization of the project will grow to $ 1 billion.
I believe in the project.

PayPal started with a $70 million IPO in 1998 and as of 2017 has a market cap of $61 billion. That is something to look forward to Wink
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September 26, 2017, 08:30:16 PM
 #1343

Well every project which succeed attract some people trying to spread some fud.

Well, i don't want to bash other projects, but if you have been watching Monetha announcement, you'll understand why they are angry at the new competition.

I took a look quickly, what's the problem ? That the current price is under the ICO price ?

Usually this is because of bounty hunters, they got monetha for free, then they just dump the price, sometimes I wish there are not bounties at all, but they are important for the marketing XD, or perhaps they should distribute the tokens 1 month after they distributed to investors, that will prevent dumping at the beginning, but that is just me, the other option I saw some other projects, is to pay with eth or BTC to the bounty program, so the token itself is not affected Cheesy, Dimcoin did this with their facebook and twitter campaign.
That will also not help. It would only postphone the dump.

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September 26, 2017, 08:50:45 PM
 #1344

Well every project which succeed attract some people trying to spread some fud.

Well, i don't want to bash other projects, but if you have been watching Monetha announcement, you'll understand why they are angry at the new competition.

I took a look quickly, what's the problem ? That the current price is under the ICO price ?

Usually this is because of bounty hunters, they got monetha for free, then they just dump the price, sometimes I wish there are not bounties at all, but they are important for the marketing XD, or perhaps they should distribute the tokens 1 month after they distributed to investors, that will prevent dumping at the beginning, but that is just me, the other option I saw some other projects, is to pay with eth or BTC to the bounty program, so the token itself is not affected Cheesy, Dimcoin did this with their facebook and twitter campaign.

Well, I don't know if Utrust bounties were big or not.

I hope there is a big trust in the project and there will be no dump.
Korsakopf
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September 26, 2017, 08:53:29 PM
 #1345

According to the UTRUST whitepaper 12% of the funds will be allocated to legal and regulation. Does that include global banking licenses?

When we take a look at PayPal, their status differs per region. In Europe PayPal is legally regulated as a bank, in the US it is a money transmitter. This subject is not trivial.

https://en.wikipedia.org/wiki/PayPal#Regulation

Good question. Operating globally means dealing with a lot of different laws which can cost a lot of money. Will there be focus on specific regions on the start?
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September 26, 2017, 08:54:09 PM
 #1346

Well every project which succeed attract some people trying to spread some fud.

Well, i don't want to bash other projects, but if you have been watching Monetha announcement, you'll understand why they are angry at the new competition.

I took a look quickly, what's the problem ? That the current price is under the ICO price ?

Usually this is because of bounty hunters, they got monetha for free, then they just dump the price, sometimes I wish there are not bounties at all, but they are important for the marketing XD, or perhaps they should distribute the tokens 1 month after they distributed to investors, that will prevent dumping at the beginning, but that is just me, the other option I saw some other projects, is to pay with eth or BTC to the bounty program, so the token itself is not affected Cheesy, Dimcoin did this with their facebook and twitter campaign.
That will also not help. It would only postphone the dump.
It's a problem that bounties lower the price, you can invite them to hold coins for a month for additional bonuses, this is a partial solution to the problem.
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September 26, 2017, 09:01:59 PM
 #1347

I took a look quickly, what's the problem ? That the current price is under the ICO price ?

Usually this is because of bounty hunters, they got monetha for free, then they just dump the price, sometimes I wish there are not bounties at all, but they are important for the marketing XD, or perhaps they should distribute the tokens 1 month after they distributed to investors, that will prevent dumping at the beginning, but that is just me, the other option I saw some other projects, is to pay with eth or BTC to the bounty program, so the token itself is not affected Cheesy, Dimcoin did this with their facebook and twitter campaign.
That will also not help. It would only postphone the dump.
It's a problem that bounties lower the price, you can invite them to hold coins for a month for additional bonuses, this is a partial solution to the problem.

Bounty hunters are needed Smiley
Aventus didnt had a crazy dump after bounties were distributed. It was almost a month after the ICO they were distributed, so the tokens were already good on exchanges with a large demand. Then when bounty hunters dump the tokens there is a great buy wall Smiley
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September 26, 2017, 09:04:22 PM
 #1348

some say they dont know if utrust is a good choice but i see the potential Smiley waiting for a time i can contribute because in this week i decided to join this ico i like community surounding it Smiley
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September 26, 2017, 09:12:08 PM
 #1349

Invest or not invest - that´s the question here  Wink Maybe better invest after launch on exchanges? What´s your opinion?
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September 26, 2017, 09:14:33 PM
 #1350

what i really like is the fluctuation protection for sellers. getting krypto and change it into fiat to save the value for the time you get it.
time to read the whitepaper Smiley
UTRUST’s main strength is its consumer protection program. A centralized escrow system is employed to ensure that the funds are kept safe until the buyer receives his item or service. Once the transaction is complete, the funds will be sent. In case of a dispute, the Utrsut dispute resolution team will take action.
as the whitepaper said the transaction will be complete as a payment u trust will be on the middle to ensure the safeness of the buyer and the seller at once but not the item itself! amazon and other platform will still provide those security for the seller!
I hope that one day Amazon, Ebay and other major online shops will start accepting Utrust! Thanks to that investors will have nice profits from participating in ICO  Wink
In the future, this is possible if the project will prove its platform and the capitalization of the project will grow to $ 1 billion.
I believe in the project.
This would be like hitting the jackpot. I'm certain big platforms will offer crypto payments sooner or later its just the question which one will make it till the end. I hope Utrust can become the leading horse.

greatteager
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September 26, 2017, 09:18:10 PM
 #1351

Invest or not invest - that´s the question here  Wink Maybe better invest after launch on exchanges? What´s your opinion?
The big chance is that the coin when entering the exchange will already be traded much more than the price of ICO, so people are in a hurry to buy tokens at ICO and pre-sale at a discount. And you can buy on the exchange after issuing coins for bounty.
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September 26, 2017, 09:18:26 PM
 #1352

Buying online now is a trend. Using crypto currency through Utrust it is fast reliable, secure , low transaction fees and giving us low risk of credit card fraud. So we can rest assured that we wont be scammed until the delivery of what we buy because utrust has buyer protection program and once the item are delivered the payment can only be sent to the merchant. In utrust any low value cryptocurrency or token is immediately converted into fiat so it can protect its value in market volatility then Utrust will act as a mediator holding the currency before sending it to the merchant. So the sellers wont be afraid selling their product in crypto.
It's more useful when seller sell products for fiat and you can buy with cryptos, that's the beauty of a system like this. Not every seller will sell for crypto I think but maybe eventually will happen what you said

Yeah it really will be useful for the seller to use Utrust so they can even sell their items without fearing the the cryptocurrency because of its nature of market volatility. Even if the buyer use the crypto for his/her payment it wont affect the seller because it will be automatically converted into fiat.
PS92
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September 26, 2017, 09:36:25 PM
 #1353

According to the UTRUST whitepaper 12% of the funds will be allocated to legal and regulation. Does that include global banking licenses?

When we take a look at PayPal, their status differs per region. In Europe PayPal is legally regulated as a bank, in the US it is a money transmitter. This subject is not trivial.

https://en.wikipedia.org/wiki/PayPal#Regulation

Great question, would like to hear the answer to this one as well

Voltaje
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September 26, 2017, 09:38:25 PM
 #1354

Invest or not invest - that´s the question here  Wink Maybe better invest after launch on exchanges? What´s your opinion?
The big chance is that the coin when entering the exchange will already be traded much more than the price of ICO, so people are in a hurry to buy tokens at ICO and pre-sale at a discount. And you can buy on the exchange after issuing coins for bounty.

Investing now is like buying the token at the cheapest price you could possibly hope to get, after ICO, in exchange you will have more profits, and then you could just buy more tokens in exchanges and sell again to even get more profits, so it's in your best interest to buy them now and be patient when the token is in an exchange Cheesy.
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September 26, 2017, 09:38:33 PM
 #1355

Invest or not invest - that´s the question here  Wink Maybe better invest after launch on exchanges? What´s your opinion?
The big chance is that the coin when entering the exchange will already be traded much more than the price of ICO, so people are in a hurry to buy tokens at ICO and pre-sale at a discount. And you can buy on the exchange after issuing coins for bounty.
Yep, there will be probably some dumping of bounties and then price will be cheaper but bear in mind that it still can be higher than ICO price
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September 26, 2017, 09:53:27 PM
 #1356

Just ignore the haters!
Do not quote or reply on there comment. Every ICO has there haters and mostly they have invested in a similar ICO and that price jumped under ICO price Wink.

This project is solid and will be great when the platform is released!
Keep it up team.
Haters are needed for growth. They produce challenges and makes the other more determined and eager in succeeding. Thanks to those haters buy the way. This project is not sleeping though, you can see it everywhere in social medias. People's trust are still unshaken since they support good.

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September 26, 2017, 09:55:17 PM
 #1357

I found this on medium: "After careful consideration, we will no longer offer 7 rounds with different pricing levels. Instead, we will only offer 1 investment round at a fixed price of $0.065 per UTRUST token." So there are no early bird discounts? would be nice to have some incentive for early supporters.

This will also help deter ICO PND cos with certain individual will try to get in on the first round due to the bonuses and dump hard soon as it hits the exchange.

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bitsurfer2014
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September 26, 2017, 10:26:41 PM
 #1358

what i really like is the fluctuation protection for sellers. getting krypto and change it into fiat to save the value for the time you get it.

time to read the whitepaper Smiley


UTRUST’s main strength is its consumer protection program. A centralized escrow system is employed to ensure that the funds are kept safe until the buyer receives his item or service. Once the transaction is complete, the funds will be sent. In case of a dispute, the Utrsut dispute resolution team will take action.
as the whitepaper said the transaction will be complete as a payment u trust will be on the middle to ensure the safeness of the buyer and the seller at once but not the item itself! amazon and other platform will still provide those security for the seller!
I hope that one day Amazon, Ebay and other major online shops will start accepting Utrust! Thanks to that investors will have nice profits from participating in ICO  Wink

It is very possible considering UTRUST offers several innovations not present in todays payment platforms. I think they will consider adapting UTRUST.IMHO
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September 26, 2017, 10:28:31 PM
 #1359

I found this on medium: "After careful consideration, we will no longer offer 7 rounds with different pricing levels. Instead, we will only offer 1 investment round at a fixed price of $0.065 per UTRUST token." So there are no early bird discounts? would be nice to have some incentive for early supporters.

This will also help deter ICO PND cos with certain individual will try to get in on the first round due to the bonuses and dump hard soon as it hits the exchange.
and this is right decision - this will eliminate speculation,
UTRUST have purpose - exclusion of speculation, and a trust relationship between buyer and seller
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September 26, 2017, 10:43:42 PM
 #1360

Im impatient to see the sale of UTRUST start, i think the fact that they decided to fix the price per Utrust at 0.065$ is really a good idea instead of different rounds. So even late people can enter at the same price during all the ico.
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