UTRUST

[dimifi]

OMG was looking for something like this for some time now! always had problems with fiat deposits and withdrawals will follow this project closely !
P.s nice introduction video

When ICO will be start?
On first page: 21 September
On their site: TBA on the first week of October

So.. When?

I think the presale is on 21 and ico on october

Presale is already finished and yes, ICO will be in Oct, tba in the 1st week of Oct. I was irritated, too, maybe they should update the ANN. It's clarified several times in thread I think, but new people here don't read the whole thread.

Yeah i didnt read whole i just found this and 20+pages are long read

So only 1% fee, which is a lot lower than paypal and others.
Instantanious conversion to fiat for the merchants !
And burning tokens everytime ..
Wow this is something i'd like to install at some business i know.
Is there a early adopter system ?

Burning tokens is marvelous thing for investors it means our investment just grow in time with every transaction made

[kraterion]

Seems like a much needed service for the crypto world. Offering buying protection for consumers is a huge benefit and really sets you apart. Assuming you get your cart integration just right I bet you all will go far.

If it's true that this product is better than paypal and bitpay than it will be huge. My biggest problem with paypal are the high transaction costs.

The project will certainly have low fees, is in the blockchain, Papal isn't, that can reduce the fees they charge you for the protection of funds and transactions, with  utrust we have a Better Paypal, one that is cheaper to use and accept both fiat currencies and cryptocurrencies, best of all, its own token doesn't charge fees, so we have that option, plus the deflationary system is good for the value of the token .

Own token is ERC20, right? How come that it doesn't charge fees? Are they paid by UTRUST itself? If no, enlight me please

[niklasmato]

Seems like a much needed service for the crypto world. Offering buying protection for consumers is a huge benefit and really sets you apart. Assuming you get your cart integration just right I bet you all will go far.

If it's true that this product is better than paypal and bitpay than it will be huge. My biggest problem with paypal are the high transaction costs.

The project will certainly have low fees, is in the blockchain, Papal isn't, that can reduce the fees they charge you for the protection of funds and transactions, with  utrust we have a Better Paypal, one that is cheaper to use and accept both fiat currencies and cryptocurrencies, best of all, its own token doesn't charge fees, so we have that option, plus the deflationary system is good for the value of the token .

Own token is ERC20, right? How come that it doesn't charge fees? Are they paid by UTRUST itself? If no, enlight me please

No the whitepaper does say they charge fees, although very low 1%.
Each time a buyer pays with any cryptocurrency via UTRUST payment platform a small percentage of the transactional fee is removed from the market and destroyed in form of UTRUST token.

[greatteager]

When ICO will be start?
On first page: 21 September
On their site: TBA on the first week of October

So.. When?

Read the official website at least, it says ICO start date to be announced on the first week of October.
Have patience, we'll all have time to buy tokens.

[ParRus]

very necessary project! led by a very experienced manager. they will be a great success
Because it is managed by a great team, I'll closely monitor this topic

[batako]

With utrust, buyers can pay using any crypto coins, and for the sake of fluctuation's protection, sellers can convert it directly to fiat. This concept is so brilliant as most sellers out there wanted stability.

[greatteager]

How long will the transaction take? when I buy goods on the Internet.
This is a very important point, because crypto-currencies have greater volatility.

[Cauchy]

Is there any competitive benchmark with other crypto solutions (not the fiat benchmark)?

[Voltaje]

Seems like a much needed service for the crypto world. Offering buying protection for consumers is a huge benefit and really sets you apart. Assuming you get your cart integration just right I bet you all will go far.

If it's true that this product is better than paypal and bitpay than it will be huge. My biggest problem with paypal are the high transaction costs.

The project will certainly have low fees, is in the blockchain, Papal isn't, that can reduce the fees they charge you for the protection of funds and transactions, with  utrust we have a Better Paypal, one that is cheaper to use and accept both fiat currencies and cryptocurrencies, best of all, its own token doesn't charge fees, so we have that option, plus the deflationary system is good for the value of the token .

Own token is ERC20, right? How come that it doesn't charge fees? Are they paid by UTRUST itself? If no, enlight me please

They don't charge the conversion, another patform charge you a fee for converting one cryptocurrency for another, so they will discount you the fee for conversion PLUS the fee for the transaction of the blockchain involved, but with utrust token, being in the same blockchain, they won't charge you for converting one currency or cryptocurrency into Utrust Token, they will only charge you the transaction fee, make the difference, one thins is a blockchain network transaction fee, and another is CONVERSION fee, SO using Utrust token inside utrust platform, is like just simply having an ether address, where you pay gas as much as you normally do,

[greatteager]

It is a pity that I saw the project late and did't have time to participate in the pre ICO.
UTRUST Payment Platform gathers $1.5 Million in less than 90 Minutes, gears up for ICO. The cryptoshpere needs a safe environment and a trust relationship between buyer and seller in order to make virtual money practical and to take it to the next level of adoption.
With this project, the Crypto currency will make a big step in the development.

[Heimer]

It is a pity that I saw the project late and did't have time to participate in the pre ICO.
UTRUST Payment Platform gathers $1.5 Million in less than 90 Minutes, gears up for ICO. The cryptoshpere needs a safe environment and a trust relationship between buyer and seller in order to make virtual money practical and to take it to the next level of adoption.
With this project, the Crypto currency will make a big step in the development.

Even if you missed pre ico it's still very good time for investing. In a few years price of this token will be much greater than today!

[dimifi]

It is a pity that I saw the project late and did't have time to participate in the pre ICO.
UTRUST Payment Platform gathers $1.5 Million in less than 90 Minutes, gears up for ICO. The cryptoshpere needs a safe environment and a trust relationship between buyer and seller in order to make virtual money practical and to take it to the next level of adoption.
With this project, the Crypto currency will make a big step in the development.

Even if you missed pre ico it's still very good time for investing. In a few years price of this token will be much greater than today!

It will be much greater in few months projects like these who fix real issues and fill the gaps usualy are very profitable

It is a pity that I saw the project late and did't have time to participate in the pre ICO.
UTRUST Payment Platform gathers $1.5 Million in less than 90 Minutes, gears up for ICO. The cryptoshpere needs a safe environment and a trust relationship between buyer and seller in order to make virtual money practical and to take it to the next level of adoption.
With this project, the Crypto currency will make a big step in the development.

I fear that ico will be finished in another 90mins and we have small chances to get in with normal gas amount ;/

is there any whitelist or something?

[PS92]

Wow, this seems like a great product. Definitely gonna read up on it!

[ParRus]

How long will the transaction take? when I buy goods on the Internet.
This is a very important point, because crypto-currencies have greater volatility.

I think in blockchain technology - it will be a short time, I do not know exactly, maybe dev will say - I think so, and most importantly - everything will be reliable and anonymous!

[PS92]

It is a pity that I saw the project late and did't have time to participate in the pre ICO.
UTRUST Payment Platform gathers $1.5 Million in less than 90 Minutes, gears up for ICO. The cryptoshpere needs a safe environment and a trust relationship between buyer and seller in order to make virtual money practical and to take it to the next level of adoption.
With this project, the Crypto currency will make a big step in the development.

Even if you missed pre ico it's still very good time for investing. In a few years price of this token will be much greater than today!

It will be much greater in few months projects like these who fix real issues and fill the gaps usualy are very profitable

It is a pity that I saw the project late and did't have time to participate in the pre ICO.
UTRUST Payment Platform gathers $1.5 Million in less than 90 Minutes, gears up for ICO. The cryptoshpere needs a safe environment and a trust relationship between buyer and seller in order to make virtual money practical and to take it to the next level of adoption.
With this project, the Crypto currency will make a big step in the development.

I fear that ico will be finished in another 90mins and we have small chances to get in with normal gas amount ;/

is there any whitelist or something?

Maybe they can cap the gas price.

[bbcolex]

I know some coin offfer but i like the idea of "Receives in fiat currency and can withdraw to a bank account, keep it in wallet or convert it to other cryptocurrency" and Funds are immediately converted to fiat currency in order to protect the seller from market volatility. I hope this will be implemented well and supported by different market. Can't wait to hold some

[ann2230]

What is gas?

[lvsca]

is UTRUST will accept credit card such as Centra in the future as payment methode?

I'm sure they will in the future, but now there's no mention of it that I could find.

if they want to compete with paypal, they just add credit card as payment in the future.

[PS92]

What is gas?

On the Ethereum network you have to pay "gas" for every transaction/interaction with the blockchain you make. This makes it too expensive for a malicious actor to flood the network with useless transactions.

[belechau]

Charming whitepaper, it makes us imagine a project that will really solve the current problems with payments, and will provide once and for all this integration that will surely leverage Crypto even more, this is not only a project, it is the beginning of an evolution and a gigantic progress. I wish good luck to the Dev's and Congratulations on the initiative. Following