UTRUST

[dimifi]

Every shop that handles payments in btc can easely add UTRUST, I mean why not? If you already accept payments in crypto, meaning you're somehow a crypto enthusiast, better integrate it with a platform offering buyer protection

Yeah for new adopters the scariest part of crypto is that u cant make payment cancels, and funds sended is lost forevor or that people who promised something just disapeared so i think utrust will find unclaimed land for new comers to crypto

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[Islapdonkey]

Every shop that handles payments in btc can easely add UTRUST, I mean why not? If you already accept payments in crypto, meaning you're somehow a crypto enthusiast, better integrate it with a platform offering buyer protection

The platform has to prove it's usefulness, reliability, security etc before any biz will feel comfortable routing their customer's payment info thru the platform. Earning such trust in the crypto space is not an easy feat. That's why i say it will take yrs of proving it's viability before we can start discussing partnerships.

[mico]

UTRUST was reviewed by tokencounci yesterday and rated this
Project idea: 10/10
Token utility: 9/10
Partnership/ real world user 7/10 - (no partnership anounced, yet useful token and idea
overall media buzz 9/10
coomunication chanel and oponness 10/10

TOTAL SCORE 9/10

huge!

thank for share a review website like this. still find some website have ICO review. hacked.com is too expensive

[Heimer]

UTRUST was reviewed by tokencounci yesterday and rated this
Project idea: 10/10
Token utility: 9/10
Partnership/ real world user 7/10 - (no partnership anounced, yet useful token and idea
overall media buzz 9/10
coomunication chanel and oponness 10/10

TOTAL SCORE 9/10

huge!

Nice one, it will bring new investor to this project. I'm glad that many sites make positive reviews of utrust

[ParRus]

UTRUST was reviewed by tokencounci yesterday and rated this
Project idea: 10/10
Token utility: 9/10
Partnership/ real world user 7/10 - (no partnership anounced, yet useful token and idea
overall media buzz 9/10
coomunication chanel and oponness 10/10

TOTAL SCORE 9/10

huge!

Nice one, it will bring new investor to this project. I'm glad that many sites make positive reviews of utrust

I think there will be a good forecast that the project will be successful! based on the fact that such a platform will be very useful for humanity! low commission, transaction speed, and security - project have a great potencial

[sockpuppet1911]

UTRUST was reviewed by tokencounci yesterday and rated this
Project idea: 10/10
Token utility: 9/10
Partnership/ real world user 7/10 - (no partnership anounced, yet useful token and idea
overall media buzz 9/10
coomunication chanel and oponness 10/10

TOTAL SCORE 9/10

huge!

thank for share a review website like this. still find some website have ICO review. hacked.com is too expensive

That shouldn't be hard, by just googling ico reviews there's a ton of results and sites doing that. Some of those ico listing sites do it automatically anyway.

[Islapdonkey]

UTRUST was reviewed by tokencounci yesterday and rated this
Project idea: 10/10
Token utility: 9/10
Partnership/ real world user 7/10 - (no partnership anounced, yet useful token and idea
overall media buzz 9/10
coomunication chanel and oponness 10/10

TOTAL SCORE 9/10

huge!

thank for share a review website like this. still find some website have ICO review. hacked.com is too expensive

That shouldn't be hard, by just googling ico reviews there's a ton of results and sites doing that. Some of those ico listing sites do it automatically anyway.

Exactly, getting a good review from some random site is nothing. I even own one of those ICO review sites. So let's just say their opinions don't mean nothing. A careful and diligent research is the best way to go about ensuring your interest.

[scolary23]

UTRUST was reviewed by tokencounci yesterday and rated this
Project idea: 10/10
Token utility: 9/10
Partnership/ real world user 7/10 - (no partnership anounced, yet useful token and idea
overall media buzz 9/10
coomunication chanel and oponness 10/10

TOTAL SCORE 9/10

huge!

50 million dollars will be marketcap at that time, I'm sure that number will be translucent. UTRUST can really be a payment in the future.
1 billion supply is the right step if we want to make currency

[the_donald]

UTRUST was reviewed by tokencounci yesterday and rated this
Project idea: 10/10
Token utility: 9/10
Partnership/ real world user 7/10 - (no partnership anounced, yet useful token and idea
overall media buzz 9/10
coomunication chanel and oponness 10/10

TOTAL SCORE 9/10

huge!

thank for share a review website like this. still find some website have ICO review. hacked.com is too expensive

That shouldn't be hard, by just googling ico reviews there's a ton of results and sites doing that. Some of those ico listing sites do it automatically anyway.

Exactly, getting a good review from some random site is nothing. I even own one of those ICO review sites. So let's just say their opinions don't mean nothing. A careful and diligent research is the best way to go about ensuring your interest.

This right here. Review site's are a dime a dozen, plenty of blogs as well. You still need to do research for all your investments.

[Chikitita2004]

Every shop that handles payments in btc can easely add UTRUST, I mean why not? If you already accept payments in crypto, meaning you're somehow a crypto enthusiast, better integrate it with a platform offering buyer protection

The platform has to prove it's usefulness, reliability, security etc before any biz will feel comfortable routing their customer's payment info thru the platform. Earning such trust in the crypto space is not an easy feat. That's why i say it will take yrs of proving it's viability before we can start discussing partnerships.

Yes you are right but, now is more modern and fast than few years ago. A lot of things could happen in a short period of time. Rumors like word of mouth, testimonies from client to client, sharing of experiences by business men to businessmen, news and socials medias and advertisements made through different networks will make a fast development and will make Utrust popular so fast if indeed clients both comsumer and seller are satisfied woth the service Utrust provide.   

[Grishanya1234]

Hello!
This project is very promising, for today probably one of the best! I wish UTRUST good luck and a successful ICO!
I recommend to all investors
this project!
Thank you all for your answers! Good luck!!!

[niklasmato]

Hello again sorry that I am a little bit annoying today. But I don't fully understand. WP page 18 last paragraph about refunds? So if buyer will be refunded the fees will go to 2 % it's correct?

The way I read it, there will be an additional fee of 2% on top of any other fees. I think that 2% fee is used to (partly) cover the cost of the UTRUST operator.

So the buyer loses its 2 % even is not his/her foult 

Yep. That is how it is described in the illustration. The buyer pays 2% resolution escalation fee regardless of whose fault it was. I suspect that is because the smart contract is designed like that it takes a portion of the escrowed money. The seller did not put any money in escrow, so there is no money to take a fee from.

It's not really fair towards the buyer but I do understand why Utrust needs to do this. Besides I've read in the Whitepaper that the seller will get some punishment as well. So it's kinda fair.

Well I also can understand that this is somehow needed, but I think there should be a better solution. I mean, why should someone pay for something he has no fault in? That's, in my eyes, the wrong way, even if the seller in this situation will get a negative feedback then.

If thats true, buyers will suffer losses with certainty.
I think it would be better if they get compensation.

Compensation or no payment if it is not their fault. Otherwise I really can't see why they should pay for something they haven't done.

It would be nice if someone of uTrust can clarify this issue. I think this is certainly not a showstopper although there should be some more info.
I personally think that the buyer should not be penalised if it's not his fault. If the fault lies with the seller, then the seller should be penalised. If it's the buyer who is doing something wrong, then yes I totally agree that the 2% should be coming from the buyer.

[matjas]

Every shop that handles payments in btc can easely add UTRUST, I mean why not? If you already accept payments in crypto, meaning you're somehow a crypto enthusiast, better integrate it with a platform offering buyer protection

The platform has to prove it's usefulness, reliability, security etc before any biz will feel comfortable routing their customer's payment info thru the platform. Earning such trust in the crypto space is not an easy feat. That's why i say it will take yrs of proving it's viability before we can start discussing partnerships.

I think years is kinda harsh estimate, were not talking here about ebay or amazon, we are talking about smaller ecommerce sites in the beginning and they are usually not that picky and provide an excellent testing platforms for the start.   

[Grishanya1234]

Tell me please about the company's bounty when payments begin and how much you can get for 3 weeks of participation in Twitter, Facebook and YouTube?
In advance thanks for answers!
I wish everyone good luck !!!
And how much can I get for a signed junior member?

[Altcoinster]

UTRUST was reviewed by tokencounci yesterday and rated this
Project idea: 10/10
Token utility: 9/10
Partnership/ real world user 7/10 - (no partnership anounced, yet useful token and idea
overall media buzz 9/10
coomunication chanel and oponness 10/10

TOTAL SCORE 9/10

huge!

thank for share a review website like this. still find some website have ICO review. hacked.com is too expensive

That shouldn't be hard, by just googling ico reviews there's a ton of results and sites doing that. Some of those ico listing sites do it automatically anyway.

Exactly, getting a good review from some random site is nothing. I even own one of those ICO review sites. So let's just say their opinions don't mean nothing. A careful and diligent research is the best way to go about ensuring your interest.

Yeah good and own research is always the best, but I think ICO rating sites with some quality have still influence at a lot of ICOs. You have to research the ICO rating sites, to know how good or bad their rating is

[Islapdonkey]

Every shop that handles payments in btc can easely add UTRUST, I mean why not? If you already accept payments in crypto, meaning you're somehow a crypto enthusiast, better integrate it with a platform offering buyer protection

The platform has to prove it's usefulness, reliability, security etc before any biz will feel comfortable routing their customer's payment info thru the platform. Earning such trust in the crypto space is not an easy feat. That's why i say it will take yrs of proving it's viability before we can start discussing partnerships.

I think years is kinda harsh estimate, were not talking here about ebay or amazon, we are talking about smaller ecommerce sites in the beginning and they are usually not that picky and provide an excellent testing platforms for the start.   

Even if it doesn't take yr for smaller ecommerce sites, it will still take awhile cos Utrust till has to prove that their platform can provide the security/reliability needed to encourage the routing of customers payment details thru it.

[Nargiza]

Their website says: MAXIMUM CROWDSALE CAP 49M USD but but about softcap I find it difficult to answer...

What is your definition of a soft cap?

Hello again sorry that I am a little bit annoying today. But I don't fully understand. WP page 18 last paragraph about refunds? So if buyer will be refunded the fees will go to 2 % it's correct?

Thanks in advance

So the buyer loses its 2 % even is not his/her foult 

Only if a mediator is needed. If e.g. the seller admits they made a mistake you will receive 100% of your funds back (in fiat). Should the case require a mediator, there will be an additional 2% (on top of the 1%) that will be deducted from the refund (in fiat).

3.5 million raised during the pre-sale and aiming for 45 million more during the token sale? Those are high numbers but those kind of results are happening on almost a daily basis now. Money is flying around here like it's going out of style!

All of our funds are actually already allocated and having a large team (including 15 engineers) costs real money, particularly if you are planning on paying them for several years to get your product out of the door.

Have these questions regarding the banking licenses been answered? I think they were buried beneath the red color posts a few days ago.

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?

This is a very interesting question and we will release more information on this within the next week as well. It is probably going to be more than 12%, I can tell you that. I can leave you with the knowledge that our legal team in Switzerland is very high profile and knows what is required to give UTRUST the legal foundations required. 👍

Hi, thank you for update

[Grishanya1234]

A huge plus of the UTRUST platform is complete security and of course a small commission!
I hope that fraud will not find a place on UTRUST, thank you so much for this!
I wish good luck to all participants!
Thank you all for all the answers !!!

[kraterion]

Hello!
This project is very promising, for today probably one of the best! I wish UTRUST good luck and a successful ICO!
I recommend to all investors
this project!
Thank you all for your answers! Good luck!!!

I'm not a UTrust dev but I can tell you this, maybe you have to post that on Bounty thread ? https://bitcointalk.org/index.php?topic=2078526.0

Regarding ICO reviews website, I also think they're almost useless, people look at the concept, the team behind it etc...all by themselves

[Grishanya1234]

As for me, UTRUST is really a revolutionary platform, because the security of this platform guarantees complete security for its users, as well as for buyers and sellers.
A low commission in contrast to Paypal, and this is just one example, and there are a lot of them!
So I wish the UTRUST Team good luck!