|
the_donald
|
 |
October 04, 2017, 06:16:23 AM |
|
Is Utrust platform designed to be a payment medium similar to the Paypal system? Also Is this ICO offering a utility token, or is it a security? The video said that Utrust acts as a utility, but American citizens can't participate in the ICO. Can someone provide a little clarity? Thanks!
I though Americans can't participate in all ICO's, not just security ones. as far as I understand it, it is paypal for crypto and the token is utilitarian. |
|
|
|
|
|
|
|
|
The forum was founded in 2009 by Satoshi and Sirius. It replaced a
SourceForge forum.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
ace4549
|
|
October 04, 2017, 06:18:38 AM |
|
Is there any announcements regarding the awaited ico of utrust?
Same here, I also wanted to know what is the current update of the Utrust ICO. Oh and when is the ICO date if some of you may know because I couldn't find it anywhere? I wanted to raise some questions to be cleared out, can this platform allow me to create any business model and in any payment scenario? The platform is designed to be integrated into different kind of merchants, so I think it will fit naturally to your business. However, it would be wise to test the system first before doing any live implementation to assess it according to your needs. Utrust hasn't published the date of the upcoming ICO, they will do so when they are ready, there will be an announcement; I imagine that they will release a beta for testing, but we don't know for sure, that will certainly help the project. GOod customer service support is one of the best ways to cope new clients by referring them to this platform.. Well, is utrust like this one? If Utrust has the capability in doing this then probably utrust would be the best choice for every consumer. And we can conclude that it is consumer friendly. yeah if utrust will have these choices of every consumer then it will impacted great on the team |
|
|
|
|
|
loof99
|
|
October 04, 2017, 06:26:46 AM |
|
Is Utrust platform designed to be a payment medium similar to the Paypal system? Also Is this ICO offering a utility token, or is it a security? The video said that Utrust acts as a utility, but American citizens can't participate in the ICO. Can someone provide a little clarity? Thanks!
I though Americans can't participate in all ICO's, not just security ones. as far as I understand it, it is paypal for crypto and the token is utilitarian. true its because if security but it is impossible to prevent them from joining this kind of ico's project.. |
|
|
|
|
|
achikomimi
|
|
October 04, 2017, 06:35:10 AM |
|
Will UTRUST have separate merchant accounts or are all accounts the same regardless of being a private individual or registered business?
I think UTRUST will have separate accounts with each merchants. This is necessary to separate the performance of each Sellers. |
|
|
|
|
levyashin
Sr. Member
 Offline
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
|
|
October 04, 2017, 06:35:59 AM |
|
Is there any announcements regarding the awaited ico of utrust?
Same here, I also wanted to know what is the current update of the Utrust ICO. Oh and when is the ICO date if some of you may know because I couldn't find it anywhere? Maybe there are some adjustment to be happen with regards to ICO. As far as I know we can wait until Octoner 15. Because there is some changes in total coin capacity and prices. But the community is really waiting for some news regarding this ICO. I thought it would be announced on the 1st. People need to know more and so are the investors  Lets hope they will announce something today! A little bit of pressure never hurts  They said that they will announce it in the first week of October. So there is not too much time left, I hope they hold their promises. By the way, I am an impatient guy and when I hear the first week of something I always think it will be on the first day. So it wasn't  |
|
|
|
|
magisterr
|
|
October 04, 2017, 06:43:49 AM |
|
Is Utrust platform designed to be a payment medium similar to the Paypal system? Also Is this ICO offering a utility token, or is it a security? The video said that Utrust acts as a utility, but American citizens can't participate in the ICO. Can someone provide a little clarity? Thanks!
I though Americans can't participate in all ICO's, not just security ones. as far as I understand it, it is paypal for crypto and the token is utilitarian. hm.. but Utrust its Portuguese company? Right? USA people cant take part in ICO? Also Canadian? May be this is good.. because they will buy late on the exchanges  |
|
|
|
|
|
pynetx
|
|
October 04, 2017, 07:11:22 AM |
|
Is Utrust platform designed to be a payment medium similar to the Paypal system? Also Is this ICO offering a utility token, or is it a security? The video said that Utrust acts as a utility, but American citizens can't participate in the ICO. Can someone provide a little clarity? Thanks!
I though Americans can't participate in all ICO's, not just security ones. as far as I understand it, it is paypal for crypto and the token is utilitarian. hm.. but Utrust its Portuguese company? Right? USA people cant take part in ICO? Also Canadian? May be this is good.. because they will buy late on the exchanges Canada has no restrictions over participating in ICO. They are even promoting them. |
|
|
|
|
mbtc31
Newbie
Offline
Activity: 56
Merit: 0
|
|
October 04, 2017, 07:13:03 AM |
|
I am back, and Im amazed because I leave the thread for just a few days with almost 20 pages only and now here it comes.
Very active discussions here and a lot of good topics as a sign of good outcomes of this project. So what are the latest news about utrust for today?
|
|
|
|
|
|
loof99
|
|
October 04, 2017, 07:14:07 AM |
|
Is Utrust platform designed to be a payment medium similar to the Paypal system? Also Is this ICO offering a utility token, or is it a security? The video said that Utrust acts as a utility, but American citizens can't participate in the ICO. Can someone provide a little clarity? Thanks!
I though Americans can't participate in all ICO's, not just security ones. as far as I understand it, it is paypal for crypto and the token is utilitarian. hm.. but Utrust its Portuguese company? Right? USA people cant take part in ICO? Also Canadian? May be this is good.. because they will buy late on the exchanges haha,yeah..but they do find a way to connect and participate..we are in a free world with full of intelligent people haha they will always find a way.. |
|
|
|
|
Yasemin
Full Member
Offline
Activity: 224
Merit: 100
Become Part of the Mining Family
|
|
October 04, 2017, 07:17:13 AM |
|
Im excited about the zero exchange fee for the utrust token. If this gets big, than people will prefer using the token over other currencies...
|
|
|
|
|
toolucky98
|
|
October 04, 2017, 07:17:59 AM |
|
If UTRUST have a performance-based rating for sellers, Does this also may apply to buyers for the protection of sellers. To avoid bogus buyers.
I bet  how else u can chose true buyer and not a scammer ? ;/ still it adds new problems .. never thinked about this small detail until now, so it would be nice if someone more knowledgeable about utrust buy-sell mechanics can enlighten us I dint find about this any info in whitepaper. But you are right. Rating system would be nice. May be dev will make this? Hmm, you can find information about this in whitepaper if you read it carefully. The UTRUST Payment Platform (Whitepaper page 13-16) There is no way for buyer to be a scammer, because the payment system will begin when the buyer pays. You can look at the payment system's picture on the whitepaper. |
|
|
|
|
|
Mystic90
|
|
October 04, 2017, 07:18:49 AM |
|
Is Utrust platform designed to be a payment medium similar to the Paypal system? Also Is this ICO offering a utility token, or is it a security? The video said that Utrust acts as a utility, but American citizens can't participate in the ICO. Can someone provide a little clarity? Thanks!
I though Americans can't participate in all ICO's, not just security ones. as far as I understand it, it is paypal for crypto and the token is utilitarian. hm.. but Utrust its Portuguese company? Right? USA people cant take part in ICO? Also Canadian? May be this is good.. because they will buy late on the exchanges haha,yeah..but they do find a way to connect and participate..we are in a free world with full of intelligent people haha they will always find a way.. I would not recommend to invest if the country you are citizin in restricts you from it. If you make a profit you will have a hard time getting the money, and you dont want to explain your illegal profits to the tax gov of the usa |
|
|
|
|
|
ace4549
|
|
October 04, 2017, 07:18:56 AM |
|
Is Utrust platform designed to be a payment medium similar to the Paypal system? Also Is this ICO offering a utility token, or is it a security? The video said that Utrust acts as a utility, but American citizens can't participate in the ICO. Can someone provide a little clarity? Thanks!
I though Americans can't participate in all ICO's, not just security ones. as far as I understand it, it is paypal for crypto and the token is utilitarian. hm.. but Utrust its Portuguese company? Right? USA people cant take part in ICO? Also Canadian? May be this is good.. because they will buy late on the exchanges Canada has no restrictions over participating in ICO. They are even promoting them. proxies can help them either in joining ico's hahaha |
|
|
|
|
|
evilgreed
|
|
October 04, 2017, 07:33:28 AM |
|
Im excited about the zero exchange fee for the utrust token. If this gets big, than people will prefer using the token over other currencies...
This would also attract more people to use the service or the token, or much more likely it will attract more investors to put some amount into it, or even use it for future purposes. People will really prefer secured, faster and no fee transactions compared to high fees, slow and unsecured ones. |
|
|
|
|
toolucky98
|
|
October 04, 2017, 07:35:49 AM |
|
Is Utrust platform designed to be a payment medium similar to the Paypal system? Also Is this ICO offering a utility token, or is it a security? The video said that Utrust acts as a utility, but American citizens can't participate in the ICO. Can someone provide a little clarity? Thanks!
I though Americans can't participate in all ICO's, not just security ones. as far as I understand it, it is paypal for crypto and the token is utilitarian. hm.. but Utrust its Portuguese company? Right? USA people cant take part in ICO? Also Canadian? May be this is good.. because they will buy late on the exchanges haha,yeah..but they do find a way to connect and participate..we are in a free world with full of intelligent people haha they will always find a way.. I would not recommend to invest if the country you are citizin in restricts you from it. If you make a profit you will have a hard time getting the money, and you dont want to explain your illegal profits to the tax gov of the usa It would be better if you buy the token/coin later on the exchange. Violating USA regulations isnt good at all, especially if you get caught. |
|
|
|
|
|
loof99
|
|
October 04, 2017, 07:42:51 AM |
|
Im excited about the zero exchange fee for the utrust token. If this gets big, than people will prefer using the token over other currencies...
This would also attract more people to use the service or the token, or much more likely it will attract more investors to put some amount into it, or even use it for future purposes. People will really prefer secured, faster and no fee transactions compared to high fees, slow and unsecured ones. this would be a great help for businesses online like online selling stuffs..with cashless transactions |
|
|
|
|
|
ace4549
|
|
October 04, 2017, 07:48:05 AM |
|
If UTRUST have a performance-based rating for sellers, Does this also may apply to buyers for the protection of sellers. To avoid bogus buyers.
I bet how else u can chose true buyer and not a scammer ? ;/ still it adds new problems .. never thinked about this small detail until now, so it would be nice if someone more knowledgeable about utrust buy-sell mechanics can enlighten us I dint find about this any info in whitepaper. But you are right. Rating system would be nice. May be dev will make this? Hmm, you can find information about this in whitepaper if you read it carefully. The UTRUST Payment Platform (Whitepaper page 13-16) There is no way for buyer to be a scammer, because the payment system will begin when the buyer pays. You can look at the payment system's picture on the whitepaper. i read some post about what if the platform will have technical errors?internet and server problems? |
|
|
|
|
|
altfinance
|
|
October 04, 2017, 07:53:44 AM |
|
Is Utrust platform designed to be a payment medium similar to the Paypal system? Also Is this ICO offering a utility token, or is it a security? The video said that Utrust acts as a utility, but American citizens can't participate in the ICO. Can someone provide a little clarity? Thanks!
I though Americans can't participate in all ICO's, not just security ones. as far as I understand it, it is paypal for crypto and the token is utilitarian. hm.. but Utrust its Portuguese company? Right? USA people cant take part in ICO? Also Canadian? May be this is good.. because they will buy late on the exchanges haha,yeah..but they do find a way to connect and participate..we are in a free world with full of intelligent people haha they will always find a way.. I would not recommend to invest if the country you are citizin in restricts you from it. If you make a profit you will have a hard time getting the money, and you dont want to explain your illegal profits to the tax gov of the usa It would be better if you buy the token/coin later on the exchange. Violating USA regulations isnt good at all, especially if you get caught. Will the ICO contain a disclaimer that Americans are prohibited from participating? Safeguarding UTRUST from litigation must be considered. |
|
|
|
|
ubercool
|
|
October 04, 2017, 08:26:37 AM |
|
Im excited about the zero exchange fee for the utrust token. If this gets big, than people will prefer using the token over other currencies...
That would be the promo feature of Utrust and another great pro point for most of the cryptocurrencies. Will be buying some soon when the ICO starts. |
|
|
|
|
|
Risktaker31
|
|
October 04, 2017, 08:55:27 AM |
|
Im excited about the zero exchange fee for the utrust token. If this gets big, than people will prefer using the token over other currencies...
Yeah its good for the buyer and seller. buyer gets no fee then the seller can get their payment in fiat. its a winwin. Utrust will be the next biggest online payment platform in the near future. |
|
|
|
|
|
