UTRUST

[stormcleric]

I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.

I think that goes without saying, if you're planning to have payments in crypto and fiat.

Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about.

I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency

Most people in the world use fiat. If you want to compete with other payment systems you need to target them first, and then introduce your coin/token system with advantages.
Naturally they have to. Fiat-money is "real" money, so they have to comply any government money related laws after that.

It makes no sense to add fiat. The cryptocurrency world has an anonymity as a main feature and many other perks and with fiat added it's just not possible.

Why should they add a fiat payment option in the first place? There are enough, well established alternatives for paying fiat with fiat already.

I'm not saying they should (they shouldn't, for that matter). I totally agree with you, we shouldn't mix these two worlds.

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[magisterr]

ico was conducted in several stages? before there was a start date ico the beginning of October, and now it's November

No, they had only pre-sale and private sale. Now they announced date of ICO - November 2.
Also, they will have only one round of ICO with fixed price: 0,065$ per token.

[jonnytracker]

I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.

I think that goes without saying, if you're planning to have payments in crypto and fiat.

Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about.

I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency

Naturally they have to. Fiat-money is "real" money, so they have to comply any government money related laws after that.

so they will start asking for KYC and legal documents ?

[mabell943]

I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.

I think that goes without saying, if you're planning to have payments in crypto and fiat.

Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about.

I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency

Naturally they have to. Fiat-money is "real" money, so they have to comply any government money related laws after that.

It makes no sense to add fiat. The cryptocurrency world has an anonymity as a main feature and many other perks and with fiat added it's just not possible.

Why should they add a fiat payment option in the first place? There are enough, well established alternatives for paying fiat with fiat already.

Hey guys,by the way what is Fiat?is it a money on hand?or cash on hand?

[s31joemhar]

There are still plenty of time before ICO and anything can happen during that time. Hopefully people do not get tired of having to wait in that time period.

Yes sir that's right even though it takes a lot of time for the launching date of ICO however utrust will not leave us hopeless because it is a very great project. I pray that people will not get tired for this.

[Rigorous]

Hey guys,by the way what is Fiat?is it a money on hand?or cash on hand?

Fiat money is a currency created by a government to be used as payment. The fiat currency has no value in itself compared to say gold. Like dollars that are printed on paper, or worse, only existing in a bank's computer.

[Xoce6patxopxe]

untrustworthy is a very necessary project for the modern market of crypto-currency, I want to participate in this ico

[levyashin]

I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.

I think that goes without saying, if you're planning to have payments in crypto and fiat.

Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about.

I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency

Naturally they have to. Fiat-money is "real" money, so they have to comply any government money related laws after that.

so they will start asking for KYC and legal documents ?

I am not sure about that.

If you think about paypal they don't ask for documents, as long as you don't want to withdraw your money. If you want to withdraw it, they ask for it.

I never think they are asking for some legal purposes, they just want to make withdraw harder. If they need it for legal purposes they should have ask for depositing also.

[Trela]

The utrust coin can be exchanged for purchase or kept for long term and what is good is what will take value in time if this project keeps the same serious throughout its history.

i think it's better to keep it in  long term as long as you have no good reason to buy things that you don't need. And yes, the value will increase.

yes this is definitely a  long term investment imo, integration and adoption will not happen overnight and they need more and more platform to use this payment system

That's true. Look at how long it took Paypal to get a huge market cap. The good thing is that technology is moving faster and faster, so UTRUST could become the size of paypal in a much shorter time.

utrust isquite nice imo but comparing it with the value of paypal is pretty early dont you think so?

I'm only saying that it won't take as long to reach the size of paypal due to the speed of which technolog is advancing. I'm not saying next month Remember that paypal started in 1998! It took them quite some time to grow until the company they are now. If Utrust can deliver what they are saying they can advance much more rapidly then paypal in the day

Hmm... a large project can not grow in a short time, even Utrust want to pass over PayPal, I think few years or a decade is needed to complete this target. Of course I do not care Utrust needs a lot of times or a little of times to complete their roadmap, I only hope it can keeps its value stable after crowdsale.

[Xenrise]

There are still plenty of time before ICO and anything can happen during that time. Hopefully people do not get tired of having to wait in that time period.

If people sees that the project is good and has the highest possibility in pumping then they will learn to wait on this project. And I will not wonder if their coin will be sold out.

[batako]

There are still plenty of time before ICO and anything can happen during that time. Hopefully people do not get tired of having to wait in that time period.

If people sees that the project is good and has the highest possibility in pumping then they will learn to wait on this project. And I will not wonder if their coin will be sold out.

Many people are impatient when they have to wait a long time. Their minds could be swayed during the waiting period. But for some others, this gives enough time to make judgments while raising money to invest.

[Trrrt]

I think that the growth of utrust will be fast, online payment platform need time to develop but i think that utrust will profit of the growth of the crypto world. Huge benefit to make and a big possiblevalue for utrust.

[Ombc]

Its Nice to see that the fees are quite low compared to other payment systems.
Also i like the idea of sending payments immediately and with Multiple Crypto Currencies

I have already bought in pre ico and follow this project for some time
Lets hope this is the future 

[Partizant]

UTRUST is happy to announce their Create Local Community Bounty.  10% (or a total of 3M UTRUST Token if ICO sold out)  of Specific Bounty is allocated to this campaign.  Utrust will reward each person that will Create a Local Community in their country.


Bounty Name:  Utrust Local Community

Description: a bounty for those who create groups in their local language for UTRUST project in telegram, or in their local based social sites and chatting services. and bring members to the groups and share project information regularly.

Fund allocation:  10% of Specific Bounty Fund (3M Utrust token if ICO sold out)

Requirement:

Create a Local Community
1 Country = 1 Local Community/Group
Member: Unlimited

Stake:

1000 Stake For Creation
additional 5 Stake  for 1 member added

Rule, Terms, and Condition

1.   1 Local Community per country, you can coordinate with other members that is within your country to boost your group.
2.   First come first serve basis, in case there are two participants within the same country, the first one among the qualified group of that country will be accepted.
3.   The group must contain Links of WhitePaper (Locally translated Whitepaper link can be used) Main Ann Thread,  Local Ann Group, Utrust Social, Media Accounts,  Telegram Group, and Slack Group (Must be Pinned).
4.   The group must be regularly updated with news, articles, and Developers announcements and update.
5.   Accepted Entry will automatically gain 1000 stake and an additional 5 stake for every member added to the group.
6.   Inactive group ( no updates or Utrust related activity) will receive only 30% of the bounty or worst, disqualified.
7.   No change of Ethereum address
8.   Payment will be made at the end of ICO together with other bounties.
9.  Owner and Manager have the right to modify or add rules. (This also include structure of payment)

Register your Utrust Local Community here:
https://goo.gl/forms/QXTMMnJkdSmVPYM92

If you accepted, you will receive a PM!

Hi,

Is it possible to check which languages are already occupied? Any spreadsheet? Any links to accepted channels?

[Islapdonkey]

There are still plenty of time before ICO and anything can happen during that time. Hopefully people do not get tired of having to wait in that time period.

If people sees that the project is good and has the highest possibility in pumping then they will learn to wait on this project. And I will not wonder if their coin will be sold out.

Many people are impatient when they have to wait a long time. Their minds could be swayed during the waiting period. But for some others, this gives enough time to make judgments while raising money to invest.

you should always have as much time as possible to decide on an investment. This are hard earned money here, not play money we talking about.

[ParRus]

Its Nice to see that the fees are quite low compared to other payment systems.
Also i like the idea of sending payments immediately and with Multiple Crypto Currencies

I have already bought in pre ico and follow this project for some time
Lets hope this is the future 

ou were lucky, I did not have time to buy in pre sale.. but I will be ready on November 2
I can not miss the opportunity to buy at the good price UTRUST tokens - future of online payments

[magisterr]

Partizant

mate, you must ask this in bounty thread in bounty manager, This is ANN thread. ANd we dont know

[Sozialtourist]

There are still plenty of time before ICO and anything can happen during that time. Hopefully people do not get tired of having to wait in that time period.

If people sees that the project is good and has the highest possibility in pumping then they will learn to wait on this project. And I will not wonder if their coin will be sold out.

Many people are impatient when they have to wait a long time. Their minds could be swayed during the waiting period. But for some others, this gives enough time to make judgments while raising money to invest.

you should always have as much time as possible to decide on an investment. This are hard earned money here, not play money we talking about.

Exactly. So this seemingly long time till the 2nd of November can also be a chance. You have enough time to inform yourself about the project on different sources and in this way can make a well thought decision whether to invest or not.

[xbl1008]

Its Nice to see that the fees are quite low compared to other payment systems.
Also i like the idea of sending payments immediately and with Multiple Crypto Currencies

I have already bought in pre ico and follow this project for some time
Lets hope this is the future 

ou were lucky, I did not have time to buy in pre sale.. but I will be ready on November 2
I can not miss the opportunity to buy at the good price UTRUST tokens - future of online payments

Im also encouraging my friends to ready their bitcoins on november 2 so they can invest in it early don't miss the opportunity to have such a great coin

[xamil]

There are still plenty of time before ICO and anything can happen during that time. Hopefully people do not get tired of having to wait in that time period.

It is less than a month, so we just need to be patience and think that we are waiting of the big event that change the other side of our life. just always bear in mind that this project is for the sake of ours. so no reason to get tired of waiting the end of this project.