UTRUST

[Kakumei]

Isn't bitcoin enough for online payment? Why many yransaction coin when there are limitless possibility on blockchain

Hi Kunlejoe0,

We accept all major cryptocurrencies including Bitcoin. The main difference between UTRUST and other crypto payment processors is that we are the first and only to provide buyer protection.

All the best,
The UTRUST Team

Ok! Some services like Paypal right?

Hi Kunlejoe0,

Yes we provide buyer protection as PayPal and this is why everyone has and uses PayPal as you know. UTRUST is blockchain based and this brings huge advantages if compared with traditional payment solutions.

UTRUST vs PAYPAL vs BITPAY:
https://utrust.io/how-it-works

All the best,
The UTRUST Team

[Kakumei]

Looks like Monetha is your biggest rival at the moment. Concept and all look alike. Seems like you guys will get a head start on the ICO by a few days. What makes you guys different or the same? & why invest on Utrust & not on Monetha. Thanks

i have the same questions. Additionally at Monetha there is a profit sharing concept for token holders. I see that UTRUST doesn't offer any profit sharing like Monetha 

Hi magiccarpett,

Our token is backed up by the UTRUST platform. That means that regardless the markets you can use it to pay in our platform and it brings the unique benefit of zero exchange fee. It has as well a strategic value coupling mechanism that will drive its value up as transactions occur. (This is the most important future of UTRUST token). The more transactions occur the more the value goes up. For detailed explanation please see page 20 of our whitepaper. The UTRUST business model is safe for holders as they will see the value go up regardless the profitability of the company in the first years.

All the best,
The UTRUST Team

[pimyemsim]

in monetha you can just pay only with ethereum..and you can give negative feedback or positive feedback but if seller does't sent you what you pay for you lose the money...utrust you can pay with all coins and they protect the payment you make and you get the money back if seller tries to scam you..its feedback versus protection so they are different

[first.down]

Could you explain  more detail on "strategic value coupling mechanism"?

[Kakumei]

Could you explain  more detail on "strategic value coupling mechanism"?

Hi first.down,


The token

You can use the UTRUST token in the platform, spending it in merchant that
supports UTRUST or private buyer/seller transactions, you can sell the coin in the
exchange, privately, or just hold for future use. The key difference to all other tokens
is that it has a business model behind it. A payment system that enables you to use
the coin and spend it independently and a system that grows in synergy with the
coin. Moreover, using the UTRUST token on the payment platform will have its
additional benefits to further stimulate its growth.

Value and Strategy

How will this strategic value coupling work? Each time a buyer pays with any
cryptocurrency via UTRUST payment platform a percentage of the transactional
fee is used to buyback UTRUST token and remove them from the market. The
removed tokens will be destroyed. This will reduce the amount of UTRUST token
supply further driving demand, the adoption of the platform and the value for
investors. The higher the volume of transactions in the UTRUST platform, the higher
the potential market value of the token. Since a percentage of the transaction fee
is removed from the pool in each market transaction, the more UTRUST platform is
used (with any crypto), the further the price of UTRUST appreciates, a built-in
adjustment that acts as our self-correcting mechanism. If an investor decides to
hold UTRUST token for the long run, though it will be subjected to exchange market
fluctuations, there is a protective layer that links it to a sustainable financial
platform. This so called intrinsic deflationary engine makes UTRUST not only the
safest payment platform, but a great token for investment and store of value.

The amount of UTRUST tokens is projected to be reduced from the initial 1 billion to
a minimum cap of 100 million, at a rate no faster than 50 million a year. This
dynamic adjustment of the fee burn rate will be managed by the UTRUST platform
analytics engine with the goal of balancing token supply and demand while
encouraging transaction growth.


All the best,
The UTRUST Team

[first.down]

I prefer Utrust token to have share of profit than buy back

[duyduc256]

Wow this happens very fast. ICO has not started yet but they have started very well. I am sure this project will be the most successful project at the moment and hope it can help investors make a profit.

[africa34]

hi dev , Let me reserve arabic translation of the whitepaper PM me plz.

[Kakumei]

I prefer Utrust token to have share of profit than buy back

Hi first.down,

The main issue with profit  sharing is that companies take some years to reach profitability. If you invest in other tokens that share profits you will have to wait years before they are profitable therefor you will not get the expected return any soon. And even if they are profitable the distributed amount by token holders is insignificantly small as usually there are hundreds of millions of token in the pool. That being said we are confident that the buy back model is a much more profitable for cryptocurrency investors in the short and long run.

All the best,
The UTRUST Team

[ICOCO.info]

Utrust is listed : http://icoco.info/icoutrust.html

[josepchu]

How can I buy PRE-ICO token?

Thanks and Regards,

[poiseulle]

come to check how the pre-ico is going, like what percentage of the target has been reached. is there a website like to view this information? I may want to introduce some of my friends to join

[Kakumei]

How can I buy PRE-ICO token?

Thanks and Regards,

Hi josepchu,

Thank you for showing your interest. You will be able to register and buy on Monday 28th 4pm GMT.
For now you can subscribe with your email to stay up to date.

All the best,
The UTRUST Team

[Kakumei]

come to check how the pre-ico is going, like what percentage of the target has been reached. is there a website like to view this information? I may want to introduce some of my friends to join

Hi poiseulle,

Thank you for the message. The PRE-ICO starts on Monday 28th at 4pm GMT.
You will be able to see how it is going on UTRUST webpage once it starts.

All the best,
The UTRUST Team

[Taya Afi]

Hello. When is the coin going to the exchange?

[Kakumei]

Hello. When is the coin going to the exchange?

Hi Taya,

The UTRUST token will be issued to participants 3 days after the ICO closes. We are already in contact with major exchangers and we will disclose soon updates regarding this topic.

All the best,
The UTRUST Team

[ICOmagazine]

We see UTRUST company seriously want to fix this problems. “UTRUST is a payment platform that empowers buyers providing a groundbreaking purchase protection mechanism. We set such a special method to convert virtual currency into fiat currency instantly,” UTRUST’s CEO, Nuno Correria told us via Telegram (23/08).

Read more https://icomagazine.com/utrust-payment-system-no-volatilty/

[scolary23]

What percentage of bonuses will we get if we invest in pre-ICO, and what is the minimum amount to invest?

[cwestmac]

What percentage of bonuses will we get if we invest in pre-ICO, and what is the minimum amount to invest?

Hi,

I'm not sure what the minimum amount to invest is, but the bonus you'll get is the ability to purchase the tokens at a cost of only $0.03USD.  The price goes up after the pre-ICO, and with each subsequent phase.  To compare, see this link: https://utrust.io/ico

[Partizant]

What percentage of bonuses will we get if we invest in pre-ICO, and what is the minimum amount to invest?

Hi,

I'm not sure what the minimum amount to invest is, but the bonus you'll get is the ability to purchase the tokens at a cost of only $0.03USD.  The price goes up after the pre-ICO, and with each subsequent phase.  To compare, see this link: https://utrust.io/ico

For pre-ICO minimum investment set is 0.2 ETH / 0.02 BTC.