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Author Topic: UTRUST  (Read 313895 times)
the_donald
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September 24, 2017, 06:34:05 PM
 #1021

is this project similar with snap up ICO. I remember snap up is focus on online payment too

What? No, UTrust is a payment method with escrow that could be implemented on every online store, while SnapUp is a platform where you can win ~80% discounts on hot products like high-end smartphones based on your activity.

correct, wanted to say that as well.even though there are lots of similar ICO's, let's not confuse between them.

mike0182
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September 24, 2017, 06:36:25 PM
 #1022

What do managers say about exchanges for which this project will be released? I would like to see it on bittrex and poloniex..

Voltaje
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September 24, 2017, 06:51:12 PM
 #1023

What do managers say about exchanges for which this project will be released? I would like to see it on bittrex and poloniex..

Every coin wants to be on bit or polo, and most of the big ones go there, so utrust can easily go there too, but at the end, being in exchanges doesn't make the project a success, is the interest in the project that will make it rise.
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September 24, 2017, 06:58:34 PM
 #1024

So I read that there will be protection against chargebacks for the seller. I also read that there will be consumer protection plans in place as well. UTRUST guarantees to cover any payments made via UTRUST. I'm guessing that you will be covering the consimer's cost in the form of UTRUST tokens? I don't see any other way to cover both sides of the deal without going bankrupt. So far this project seems like a functional cleaned up version of what PayPal should have been.

Not for sale.........
Why, how much you got?
Sozialtourist
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September 24, 2017, 07:01:51 PM
 #1025

Is there already an announcement from the team if they are in contact with some online shops to implement the UTrust payment option or is still too early to ask this?
sockpuppet1911
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September 24, 2017, 07:15:16 PM
 #1026

What do managers say about exchanges for which this project will be released? I would like to see it on bittrex and poloniex..

Every coin wants to be on bit or polo, and most of the big ones go there, so utrust can easily go there too, but at the end, being in exchanges doesn't make the project a success, is the interest in the project that will make it rise.

True, but i would bet that UTRUST is going get into bittrex, not sure about poloniex, because their coin adding policy is a mystery to me.  Then again, i would prefer bittrex, because i don't trust poloniex anymore.
Rigorous
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September 24, 2017, 07:16:13 PM
 #1027

So I read that there will be protection against chargebacks for the seller. I also read that there will be consumer protection plans in place as well. UTRUST guarantees to cover any payments made via UTRUST. I'm guessing that you will be covering the consimer's cost in the form of UTRUST tokens? I don't see any other way to cover both sides of the deal without going bankrupt. So far this project seems like a functional cleaned up version of what PayPal should have been.

They don't cover everything. Unlike credit cards, if a UTrust consumer loses his account due to weak password management or phishing for example, that is not covered. It is the consumers' responsibility to keep their wallets safe.

UTRUST will not protect users from fraudulent activities on their side, but only from fraudulent sellers. If you lose your private keys, this is still your responsibility.
ParRus
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September 24, 2017, 07:38:08 PM
 #1028

What do managers say about exchanges for which this project will be released? I would like to see it on bittrex and poloniex..

Every coin wants to be on bit or polo, and most of the big ones go there, so utrust can easily go there too, but at the end, being in exchanges doesn't make the project a success, is the interest in the project that will make it rise.

True, but i would bet that UTRUST is going get into bittrex, not sure about poloniex, because their coin adding policy is a mystery to me.  Then again, i would prefer bittrex, because i don't trust poloniex anymore.
currently if Bittrex wants to take add some crypto-currency, one of conditions - is don't to announce of this
haxllega
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September 24, 2017, 07:53:50 PM
 #1029

What do managers say about exchanges for which this project will be released? I would like to see it on bittrex and poloniex..
Big exchanges are not needed at the start of a project. Give them some time first on a smaller exchange and of volume raises bigger exchanges come from alone.

sockpuppet1911
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September 24, 2017, 08:04:48 PM
 #1030

What do managers say about exchanges for which this project will be released? I would like to see it on bittrex and poloniex..
Big exchanges are not needed at the start of a project. Give them some time first on a smaller exchange and of volume raises bigger exchanges come from alone.

That's a good point, and is good for smaller exchanges volume when they are used as a stepping stone to bigger ones, more people will join to trade with a hope that they are findin new low volume tokens early, before they are added to bigger sites.
Frank37
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September 24, 2017, 08:07:14 PM
 #1031

What do managers say about exchanges for which this project will be released? I would like to see it on bittrex and poloniex..

Every coin wants to be on bit or polo, and most of the big ones go there, so utrust can easily go there too, but at the end, being in exchanges doesn't make the project a success, is the interest in the project that will make it rise.

True, but i would bet that UTRUST is going get into bittrex, not sure about poloniex, because their coin adding policy is a mystery to me.  Then again, i would prefer bittrex, because i don't trust poloniex anymore.
currently if Bittrex wants to take add some crypto-currency, one of conditions - is don't to announce of this
And bittrex also has its pittfalls, since some time they have very bad requirements.
You can deposit 10 BTC, thats easy.
But if you want to withdraw them, you have to give them your phonenumber for verification.
Without giving them your number you can't get back your money, thats really bad.

 
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Chikitita2004
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September 24, 2017, 08:07:31 PM
 #1032

Hi!! Is UTRUST payment platform is on the use now? Is it on actual use already or still on the way? I perceive this one will beat all the the current payment platform that are on going because of it's unique difference that other platform is lacking. The third party authenticator or mediator if ever there will be a dispute between the buyer and the seller. I've read they are going to provide a chat between the buyer, seller and the mediator to settle a dispute which very good.

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jukKas
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September 24, 2017, 08:25:33 PM
 #1033

This concept is promising, but it seems to be another centralized marketplace with buyer protection, but with crypto currencies as payment option.

Is it possible to implement UTRUST platform to other webshops/marketplaces as well?

Bitcoin
Korsakopf
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September 24, 2017, 08:32:24 PM
 #1034

Is there already an announcement from the team if they are in contact with some online shops to implement the UTrust payment option or is still too early to ask this?

I would also like to know this. Even if the product works flawlessly, it will need to be used by online shops or other sellers. No usage of the token means no burning of tokens either  Cheesy
Sozialtourist
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September 24, 2017, 08:34:49 PM
 #1035

This concept is promising, but it seems to be another centralized marketplace with buyer protection, but with crypto currencies as payment option.

Is it possible to implement UTRUST platform to other webshops/marketplaces as well?


It's not another marketplace. UTrust is payment option where the buyer can choose to pay with all the major crypto currencies or UTrust tokens.
Elkmar
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September 24, 2017, 09:05:25 PM
 #1036

Hi!! Is UTRUST payment platform is on the use now? Is it on actual use already or still on the way? I perceive this one will beat all the the current payment platform that are on going because of it's unique difference that other platform is lacking. The third party authenticator or mediator if ever there will be a dispute between the buyer and the seller. I've read they are going to provide a chat between the buyer, seller and the mediator to settle a dispute which very good.

Hello, no it's not already in use, there is the roadmap in the fir post if you want to check what they plan to do.
Drokzid
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September 24, 2017, 09:10:25 PM
 #1037

This thread is growing very fast. I'm looking forward to the start of the ICO. I think it has the potential to overcome paypal.
Stop thinking too big man. Bitcoin market cap overtook Paypal market cap some weeks ago. But we will not see UTRUST market cap overtaking Bitcoin market cap. You should stay realistic.

BTC IS KING!
greatteager
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September 24, 2017, 09:11:44 PM
 #1038

I guess this project many of which stay tuned. with so much of the participant's bounty that will promote this project, may be really promising. a good project ideas make the key to success. I will see how this project will be successful...

Youre definitely right, actually during 1st and 2nd rounds of token sale they sold out in just 90mins. Imagine that kind of support from investors and the community want the schedule ahead of time. The eagernes for all supporters to get into final stage of this project. No one can imagine that there is a kind of project like this which is more better than paypal and bitpay.

I am so much intrested in this project but I am really worried that this will be sold in few minutes. I forgot to register for bonus so the chance of making good profit is less. Wish I knew about this earlier.
yes, really the excitement at the start of sales will be great. I think in 5 minutes to half an hour everything is sold out.
Do not miss the sale of tokens.
Risktaker31
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September 24, 2017, 09:13:44 PM
 #1039

Hi!! Is UTRUST payment platform is on the use now? Is it on actual use already or still on the way? I perceive this one will beat all the the current payment platform that are on going because of it's unique difference that other platform is lacking. The third party authenticator or mediator if ever there will be a dispute between the buyer and the seller. I've read they are going to provide a chat between the buyer, seller and the mediator to settle a dispute which very good.

I think Utrust is still under development till now before they launch it globally. Yeah it seems Utrust is too good cause you can actually chat the seller if you are a buyer an easy way to have a deal. Easy transaction and no delays cause you can talk to the seller directly using Utrust.
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September 24, 2017, 09:18:16 PM
 #1040

Is there already an announcement from the team if they are in contact with some online shops to implement the UTrust payment option or is still too early to ask this?

I would also like to know this. Even if the product works flawlessly, it will need to be used by online shops or other sellers. No usage of the token means no burning of tokens either  Cheesy

Based on their roadmap the platform test for api in merchants to integrate and test with merchant checkout mechanism to be start  as early as 2nd quarter of year 2018.
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