UTRUST

[FIEX]

I've read the white paper. The bi-monthly rebalancing and core mechanics seem really promising. Then I got to the atom bomb that says Im not allowed because I'm in the U.S.

Heartbreaking.

I almost want to back the ICO anyway, but it would really hurt to lose 2k like that when I was properly warned ahead of time.

Indeed US citizens are not allowed to take part of this ICO.
It's a shame! A lot of great ICO's would get a lot more funds if US was allowed.

But I always wondered: what if you do buy tokens as US citizen? What cant you do?

[1714866673]

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[1714866673]

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[1714866673]

1714866673

[Rigorous]

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

[Korsakopf]

Utrust has to make sure to have a good customers support since this is a problem for may platforms these days. They will have to have a short response time to solve all users problems  and keep up with fixing bugs.

I think a lot of things can be automated, like when a customer isn't satisfied with a product. But for some things i do agree there will need to be customer support, and there is nothing more devastating to a reputation then bad customer service.

[ParRus]

I've read the white paper. The bi-monthly rebalancing and core mechanics seem really promising. Then I got to the atom bomb that says Im not allowed because I'm in the U.S.

Heartbreaking.

I almost want to back the ICO anyway, but it would really hurt to lose 2k like that when I was properly warned ahead of time.

Indeed US citizens are not allowed to take part of this ICO.
It's a shame! A lot of great ICO's would get a lot more funds if US was allowed.

But I always wondered: what if you do buy tokens as US citizen? What cant you do?

I'm thinking, but what prevents residents of the USA using VPN for example? 
because this ban is essentially just a formal one, and programmatically it is unlikely to be banned at least for now

[Mystic dream]

hello i follow this campaign already three weeks, hopefully this project can grow and can compete in world,
thank you

[Elkmar]

Utrust has to make sure to have a good customers support since this is a problem for may platforms these days. They will have to have a short response time to solve all users problems  and keep up with fixing bugs.

Weel, with the funds they got, they have no excuses to not have a good one.

[candymonkey]

Another huge plus is a low commission for the seller, only at 1%, and compared to PayPal at least 2.9%, and sometimes more than 5%.
There are also advantages that a large number of crypto-currencies are accepted, such as Bitcoin, Ethereum, Litecoin, Dash and so on ...
Have a nice day, everyone!!!

[marcus1986]

I've read the white paper. The bi-monthly rebalancing and core mechanics seem really promising. Then I got to the atom bomb that says Im not allowed because I'm in the U.S.

Heartbreaking.

I almost want to back the ICO anyway, but it would really hurt to lose 2k like that when I was properly warned ahead of time.

Indeed US citizens are not allowed to take part of this ICO.
It's a shame! A lot of great ICO's would get a lot more funds if US was allowed.

But I always wondered: what if you do buy tokens as US citizen? What cant you do?

I'm thinking, but what prevents residents of the USA using VPN for example? 
because this ban is essentially just a formal one, and programmatically it is unlikely to be banned at least for now

In my opinion, nothing can prevent from using VPN by these people. But its decision was made by devs and their ICO means their rules.

[haxllega]

Nothing wrong if they try to compare this to paypal or any other online payments, every platform/project/etc. is influenced by other other project and made them better. I think Utrust will be able to compete and be better platform for online gateway and payments.

Even if Paypal would adopt crypto payments, they would have to drop their fees in order to convince customers to use their platform and not Utrust.

it's true that Paypal has an advantage as being an established brand, but if they take their sweet time to enter the crypto market, they'll find that that advantage goes away real quick in favor of Utrust.

I agree, though Paypal has been in the industry for some time now but venturing into cryptocurrency is another story. The had to adjust to it because of course using cryptocurrencies usually has lesser fees compared to the more established Paypal. I t could be a friendly competition and UTRUST can maybe learn something from Paypal and vice versa.

Online retailers can add PayPal along with UTrust, if one day PayPal will add cryptos, not only they will have high fees because they'll to use a third party, I think they'll add only major currencies (Bitcoin, Litecoin, and Dogecoin with GoCoin, Bitcoin, Litecoin, Ether with Coinbase)

Well if UTrust starts before PayPal integrate crypto payments, and build up already enough customers, their should be no problem for UTrust at all. I more likely see a problem for Paypal then to get a step into crypto.

And even if paypal enters into the kryptomarket, their should be enough room for both of them, like many telephone-companies, movie-companies, coinexchanges,  VISA, AMEX and so on can coexist, I am sure.

Right, and there are lots of reasons why myself am looking for alternatives to paypal, for example, they have frozen accounts a lot.

Yes, that is the main problem with Paypal. They freeze accounts of political incorrect people and establish government interfaces. Payment should be decentralized!

I also know some YouTubers who experienced this freezes some time ago.

yes,i also experienced it..i have some hard timw with paypal back then.. I hope this platform will not be like paypals service..

Did you also do political content which interferes with the mainstream? Somethimes it feels like being in a dictatorship in my country.

[Sozialtourist]

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

Usually it works this way. Buyer purchases your item, then files a chargeback against the credit card company. The money you got from that buyer is then taken out of your PayPal account.

[teamcryptonator]

It's october first and the ICO of Utrust coming. All the best for the Dev and it's team for the success of this project, Project really is really promising if implemented in time with high security for it's users and friendly interface for using different crypto to pay , low fees and it'll be better against paypal since it said it will not cater charge back that mostly sellers encounter in paypal. Really hoping for the success of this project and can't wait to participate in ICO  

Exactly, paypal (which is their biggest competitor) have got ridiculously high fees and requires too much hassle to set it up. Utrust can make it so much easier and faster

you are right paypal is no match with utrust,paypal have very high fee,risk of chargeback strange requests of documents on big transactions,so i think utrust will become number one in the  field of fast transactions...

Exactly, Paypal is too complicated and too regulated. As far as I know they even can hold your payment if they want to.

Yes based on my experience they freeze my account for no reason. freezing my account for $100?? that's the problem of Paypal. so i want a new platform that will give me satisfaction. well in fact UTRUST is the one i'm looking for.

That is the problem and bad point of Paypal services, if we can find other payment method can solve those problems, I think Utrust really one of project promising to does that. Although Bitcoin or other cryptocurrencies also can do that, but the security for user can not compare to PayPal, we usually need have Escrow when create deal.

[Heimer]

I've read the white paper. The bi-monthly rebalancing and core mechanics seem really promising. Then I got to the atom bomb that says Im not allowed because I'm in the U.S.

Heartbreaking.

I almost want to back the ICO anyway, but it would really hurt to lose 2k like that when I was properly warned ahead of time.

Indeed US citizens are not allowed to take part of this ICO.
It's a shame! A lot of great ICO's would get a lot more funds if US was allowed.

But I always wondered: what if you do buy tokens as US citizen? What cant you do?

I'm thinking, but what prevents residents of the USA using VPN for example? 
because this ban is essentially just a formal one, and programmatically it is unlikely to be banned at least for now

In my opinion, nothing can prevent from using VPN by these people. But its decision was made by devs and their ICO means their rules.

This is good news - more people will be able to invest in UTrust. Blockchain is decentralized so government can't block investing or spending your ETH/BTC

[Zocadas]

Yes, UTRUST could eleminate the problems of PayPal payments, so that it could as additional effect enlarge the acceptance of cryptocurrency payments. Wish you great success with your project.

[Rigorous]

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

Usually it works this way. Buyer purchases your item, then files a chargeback against the credit card company. The money you got from that buyer is then taken out of your PayPal account.

Oh yeah, I have heard of that. It is a big problem for merchants selling digital goods, especially those without DRM. The buyer can do a chargeback after copying the data.

It is even worse when stolen credit cards are involved. For example, the game publisher TinyBuild claims that people bought their games in their webshop with stolen credit cards who then performed chargebacks and resold the keys on the grey market G2A. Then the story gets a bit fuzzy. I think TinyBuild could revoke the keys, but the end-users bought them in good faith on G2A, so that could backfire.

https://www.kotaku.com.au/2016/06/g2a-fires-back-at-developer-gives-them-three-days-to-provide-suspicious-keys/

[Sozialtourist]

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

Usually it works this way. Buyer purchases your item, then files a chargeback against the credit card company. The money you got from that buyer is then taken out of your PayPal account.

Oh yeah, I have heard of that. It is a big problem for merchants selling digital goods, especially those without DRM. The buyer can do a chargeback after copying the data.

It is even worse when stolen credit cards are involved. For example, the game publisher TinyBuild claims that people bought their games in their webshop with stolen credit cards who then performed chargebacks and resold the keys on the grey market G2A. Then the story gets a bit fuzzy. I think TinyBuild could revoke the keys, but the end-users bought them in good faith on G2A, so that could backfire.

https://www.kotaku.com.au/2016/06/g2a-fires-back-at-developer-gives-them-three-days-to-provide-suspicious-keys/

I had also a first hand experience with that. Sold some digital goods from a game, buyer pays with a stolen credit card. Money got chargebacked. Case closed and nothing I could do about it. Lost only around $100 but it still bothers me. Since then I started to sell for BTC and got involved in the cryptoworld and here I am 

[greatteager]

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

Usually it works this way. Buyer purchases your item, then files a chargeback against the credit card company. The money you got from that buyer is then taken out of your PayPal account.

Oh yeah, I have heard of that. It is a big problem for merchants selling digital goods, especially those without DRM. The buyer can do a chargeback after copying the data.

It is even worse when stolen credit cards are involved. For example, the game publisher TinyBuild claims that people bought their games in their webshop with stolen credit cards who then performed chargebacks and resold the keys on the grey market G2A. Then the story gets a bit fuzzy. I think TinyBuild could revoke the keys, but the end-users bought them in good faith on G2A, so that could backfire.

https://www.kotaku.com.au/2016/06/g2a-fires-back-at-developer-gives-them-three-days-to-provide-suspicious-keys/

I had also a first hand experience with that. Sold some digital goods from a game, buyer pays with a stolen credit card. Money got chargebacked. Case closed and nothing I could do about it. Lost only around $100 but it still bothers me. Since then I started to sell for BTC and got involved in the cryptoworld and here I am 

With this approach, PayPal will not be in demand. There is a new era of crypto-currency, who will not go to the blockchain that will die out like a dinosaur

[DanF20]

Yes, UTRUST could eleminate the problems of PayPal payments, so that it could as additional effect enlarge the acceptance of cryptocurrency payments. Wish you great success with your project.

Yes sir, i saw the whitepaper and its ao amazing that uTrust is better than paypal that serve as common online money transfer for everyone. If utrust is better than paypal then it means that this is the best system that we have in the future for our online payment transactions.

[Drokzid]

where do you post announce

If you want to receive the latest UTRUST news you should follow this ANN thread, on Twitter or join their Slack Channel for announcements.

[FIEX]

Yes, UTRUST could eleminate the problems of PayPal payments, so that it could as additional effect enlarge the acceptance of cryptocurrency payments. Wish you great success with your project.

Yes sir, i saw the whitepaper and its ao amazing that uTrust is better than paypal that serve as common online money transfer for everyone. If utrust is better than paypal then it means that this is the best system that we have in the future for our online payment transactions.

You are right about that DanF20
UTRUST will be the future of online payment, it will just take some time. This is a great project with a healty future. Cant wait for taking part in the crowdsale. Great work team!

[Heimer]

Yes, UTRUST could eleminate the problems of PayPal payments, so that it could as additional effect enlarge the acceptance of cryptocurrency payments. Wish you great success with your project.

I'm really hoping that someday Utrust will replace Paypal. This maybe 2 years from now or 10 years but it's totally possible