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Author Topic: UTRUST  (Read 313889 times)
magisterr
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October 02, 2017, 12:37:25 PM
 #2161

I think UTRUST is in good place to become the most used platform in crypto world. PayPal is a huge platform for regular payment but not for the crypto lover, and I think UTRUST has great argument to take this place. A very bankable project with a lot of application.

Im agree. May be they can became as alternative to paypal in crypto world.  Roll Eyes
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October 02, 2017, 12:39:38 PM
 #2162

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

Usually it works this way. Buyer purchases your item, then files a chargeback against the credit card company. The money you got from that buyer is then taken out of your PayPal account.

Oh yeah, I have heard of that. It is a big problem for merchants selling digital goods, especially those without DRM. The buyer can do a chargeback after copying the data.

It is even worse when stolen credit cards are involved. For example, the game publisher TinyBuild claims that people bought their games in their webshop with stolen credit cards who then performed chargebacks and resold the keys on the grey market G2A. Then the story gets a bit fuzzy. I think TinyBuild could revoke the keys, but the end-users bought them in good faith on G2A, so that could backfire.

https://www.kotaku.com.au/2016/06/g2a-fires-back-at-developer-gives-them-three-days-to-provide-suspicious-keys/


I had also a first hand experience with that. Sold some digital goods from a game, buyer pays with a stolen credit card. Money got chargebacked. Case closed and nothing I could do about it. Lost only around $100 but it still bothers me. Since then I started to sell for BTC and got involved in the cryptoworld and here I am  Grin

So everything turned to an good end. Wink I hope UTRUST will be a good competitor to force paypal to take care of their customers more.

loof99
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October 02, 2017, 12:46:01 PM
 #2163

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

Usually it works this way. Buyer purchases your item, then files a chargeback against the credit card company. The money you got from that buyer is then taken out of your PayPal account.

Oh yeah, I have heard of that. It is a big problem for merchants selling digital goods, especially those without DRM. The buyer can do a chargeback after copying the data.

It is even worse when stolen credit cards are involved. For example, the game publisher TinyBuild claims that people bought their games in their webshop with stolen credit cards who then performed chargebacks and resold the keys on the grey market G2A. Then the story gets a bit fuzzy. I think TinyBuild could revoke the keys, but the end-users bought them in good faith on G2A, so that could backfire.

https://www.kotaku.com.au/2016/06/g2a-fires-back-at-developer-gives-them-three-days-to-provide-suspicious-keys/


I had also a first hand experience with that. Sold some digital goods from a game, buyer pays with a stolen credit card. Money got chargebacked. Case closed and nothing I could do about it. Lost only around $100 but it still bothers me. Since then I started to sell for BTC and got involved in the cryptoworld and here I am  Grin

So everything turned to an good end. Wink I hope UTRUST will be a good competitor to force paypal to take care of their customers more.
yes but how can we know that it will really contend to paypal?are ther fees in sending and buying token?
ace4549
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October 02, 2017, 12:50:07 PM
 #2164

Why everyone should participate in this ICO?what it will bring on our daily lives?
liyoungjae
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October 02, 2017, 12:50:54 PM
 #2165

is now entering october. but the party has not yet decided the date to be held ici. we are always waiting for further news from dev
loof99
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October 02, 2017, 12:52:16 PM
 #2166

is now entering october. but the party has not yet decided the date to be held ici. we are always waiting for further news from dev
are we safe to use this platform?can we be 100% secured?how can we know that this is the best ICO from the rest?
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October 02, 2017, 12:54:36 PM
 #2167

is now entering october. but the party has not yet decided the date to be held ici. we are always waiting for further news from dev
im very curious about the updates of devs since they posted that picture in office being busy..hahaha
toolucky98
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October 02, 2017, 12:58:03 PM
 #2168

Why everyone should participate in this ICO?what it will bring on our daily lives?
is now entering october. but the party has not yet decided the date to be held ici. we are always waiting for further news from dev
are we safe to use this platform?can we be 100% secured?how can we know that this is the best ICO from the rest?
Do your own due diligence !! Read the first page or the whitepaper
And then you can ask more specific questions later.
jukKas
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October 02, 2017, 01:06:58 PM
 #2169

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
 So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is.

Monetha and TenX targets different use-cases in thebc ecosystem.

Tenx and UTRUST are completely different, they will not be in competition with eachother.
Monetha and UTRUST can be competitors, I personally found UTRUST better then Monetha, Utrust will use more different crypto's, system design, ...

Cant wait to see this fly over Monetha Wink
Well they could be competitors in terms of their coin. Monetha is a great competitor of utrust in terms of its services and the whole project itself. But tenx is so different from utrust.

Do you have complete details sir to compared those platforms to utrust so that we can more appreciate the differences btween the three platforms, utrust, monetha and tenx?

I would love to see the comparison as well. To me UTrust seems to be like BitPay that offers services to merchants and merchant can accept payments as bitcoin but can get fiat itself. But via UTrust merchants can not only accept bitcoins but some other virtual currencies as well. Not sure if this gonna be huge success, but will be following this closely, though.

Bitcoin
diskodasa
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October 02, 2017, 01:10:36 PM
 #2170

Why everyone should participate in this ICO?what it will bring on our daily lives?
is now entering october. but the party has not yet decided the date to be held ici. we are always waiting for further news from dev
are we safe to use this platform?can we be 100% secured?how can we know that this is the best ICO from the rest?
Do your own due diligence !! Read the first page or the whitepaper
And then you can ask more specific questions later.
they are to lazy to research by themself. :/ to ur guy. you only need read whitepaper and check dev profile, many thing then ask these question.

Heimer
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October 02, 2017, 01:17:05 PM
 #2171

I never heard about Monetha, did their ICO had some success ?
Well this question is out of the blue.  Roll Eyes. But yes they succeed on their ico. 30 minutes sold out I think Cheesy
Monetha succeeded their ICO but it's been three month ago and there wasn't any news since then. I think that Utrust will outpace Monetha and it will became superior payment processor  Cool
ace4549
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October 02, 2017, 01:22:59 PM
 #2172

Why everyone should participate in this ICO?what it will bring on our daily lives?
is now entering october. but the party has not yet decided the date to be held ici. we are always waiting for further news from dev
are we safe to use this platform?can we be 100% secured?how can we know that this is the best ICO from the rest?
Do your own due diligence !! Read the first page or the whitepaper
And then you can ask more specific questions later.
they are to lazy to research by themself. :/ to ur guy. you only need read whitepaper and check dev profile, many thing then ask these question.
i have checked it out and its very safe hahahaha
nemey
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October 02, 2017, 01:36:59 PM
 #2173

is now entering october. but the party has not yet decided the date to be held ici. we are always waiting for further news from dev
dev are out of his country and be back by october 3 2017 so expect some news after he got back ! he will announce after that !
Hopefully there's actually some good news for the continuation of this project. I'll be waiting when ico goes tomorrow., very interesting to see sales on this project.

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the_donald
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October 02, 2017, 01:39:52 PM
 #2174

is now entering october. but the party has not yet decided the date to be held ici. we are always waiting for further news from dev
dev are out of his country and be back by october 3 2017 so expect some news after he got back ! he will announce after that !
Hopefully there's actually some good news for the continuation of this project. I'll be waiting when ico goes tomorrow., very interesting to see sales on this project.

You can't rush this type of thing. they need to plan the ICO out, not just put out a date and that's it. there's promotional stuff behind the scenes that needs done.

robomed
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October 02, 2017, 01:48:15 PM
 #2175

Waiting for more news about the project.
Grishanya1234
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October 02, 2017, 01:59:21 PM
 #2176

Hello everyone, dear friends!
Please tell me to what number you need posts to write, if I wear the signature of UTRUST?
And in what numbers do they begin paying, and then there is nothing to understand ...
In advance thanks for answers!
I wish everyone good luck!
toolucky98
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October 02, 2017, 02:06:58 PM
 #2177

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
 So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is.

Monetha and TenX targets different use-cases in thebc ecosystem.

Tenx and UTRUST are completely different, they will not be in competition with eachother.
Monetha and UTRUST can be competitors, I personally found UTRUST better then Monetha, Utrust will use more different crypto's, system design, ...

Cant wait to see this fly over Monetha Wink
Well they could be competitors in terms of their coin. Monetha is a great competitor of utrust in terms of its services and the whole project itself. But tenx is so different from utrust.

Do you have complete details sir to compared those platforms to utrust so that we can more appreciate the differences btween the three platforms, utrust, monetha and tenx?

I would love to see the comparison as well. To me UTrust seems to be like BitPay that offers services to merchants and merchant can accept payments as bitcoin but can get fiat itself. But via UTrust merchants can not only accept bitcoins but some other virtual currencies as well. Not sure if this gonna be huge success, but will be following this closely, though.
I saw the comparison on a few pages before, but only between utrust and monetha.
TenX is a different kind of project.
I will summon it again

I found this comparison between monetha and uTrust from previous conversation, I hope it will provide you enougj ingormation to answer your questions.

So many people asking so here you go. My personal review of Monetha vs UTRUST:

The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background

Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary

Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%

Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesn’t exist. Can be easily used by merchants and private sellers alike.

Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.

Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.

-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.

If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.
imtiazmahmood
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October 02, 2017, 02:09:42 PM
 #2178

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
 So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is.

Monetha and TenX targets different use-cases in thebc ecosystem.

Tenx and UTRUST are completely different, they will not be in competition with eachother.
Monetha and UTRUST can be competitors, I personally found UTRUST better then Monetha, Utrust will use more different crypto's, system design, ...

Cant wait to see this fly over Monetha Wink
Well they could be competitors in terms of their coin. Monetha is a great competitor of utrust in terms of its services and the whole project itself. But tenx is so different from utrust.

Do you have complete details sir to compared those platforms to utrust so that we can more appreciate the differences btween the three platforms, utrust, monetha and tenx?

I would love to see the comparison as well. To me UTrust seems to be like BitPay that offers services to merchants and merchant can accept payments as bitcoin but can get fiat itself. But via UTrust merchants can not only accept bitcoins but some other virtual currencies as well. Not sure if this gonna be huge success, but will be following this closely, though.
I saw the comparison on a few pages before.
I will summon it again

I found this comparison between monetha and uTrust from previous conversation, I hope it will provide you enougj ingormation to answer your questions.

So many people asking so here you go. My personal review of Monetha vs UTRUST:

The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background

Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary

Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%

Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesn’t exist. Can be easily used by merchants and private sellers alike.

Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.

Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.

-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.

If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.
that is great i think this is best for people use payment with Utrust. if see the name is Utrust this means trusted for users.
Jay2408
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October 02, 2017, 02:10:19 PM
 #2179

Hello everyone, dear friends!
Please tell me to what number you need posts to write, if I wear the signature of UTRUST?
And in what numbers do they begin paying, and then there is nothing to understand ...
In advance thanks for answers!
I wish everyone good luck!


You better ask this in their bounty thread respectively everything is probably set out in their rules there.


https://bitcointalk.org/index.php?topic=2078526.0

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bitsurfer2014
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October 02, 2017, 02:18:06 PM
 #2180

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
 So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

Monetha is one that I know with direct competition. And infairness Monetha has also good platform. But I prefer UTRUST because it accepts multi cryptocurrencies and with lower transaction fees.

That multi currency feature of UTRUST will serve as a catalyst for its first time users to ultimately embrace UTRUST's multi feature platform.
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