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Author Topic: UTRUST  (Read 313895 times)
Sozialtourist
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October 04, 2017, 07:53:47 PM
 #2521

I still didnt find out if you will be able to use also old fashioned fiat when using Utrust for payments or they are strictly focused on cryptocurrencies? This would make it a perfect payment platform.

I don't think UTrust can be competitive when they would offer paying directly with fiat. There are just too many working solutions out there and everyone is already used to them.
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boltz
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October 04, 2017, 07:56:02 PM
 #2522

Damn , I came here on the 1st day of the project and now here he is at page 135 . Good job team , I've read the latest news , keep this up.

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kraterion
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October 04, 2017, 07:57:01 PM
 #2523

I still didnt find out if you will be able to use also old fashioned fiat when using Utrust for payments or they are strictly focused on cryptocurrencies? This would make it a perfect payment platform.

It doesn't make much sense to me pay with fiat trough UTrust! Or else what's the point of using it? With fiat I'll use PayPal and with cryptos UTrust

▀▀█▄▄    [websitewhitepaper]  ❒  ATHERO  ❒  .Internet 3.0 solution    ▄▄█▀▀
  A revolutionary decentralized digital economy 
▄▄█▀▀    Twitter  ◽  Facebook  ◽  Telegram  ◽  Youtube  ◽  Github   ▀▀█▄▄
Heimer
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October 04, 2017, 08:00:04 PM
 #2524

Just read about partnership between UTrust and Soma, my friend google says that it's a decentralized community market (?), can someone give me an in depth explanation of it?
It's some kind of decentralized hybrid of Ebay and Facebook with Instagram layout and functions. Soma can help to popularize Utrust as a payment provider  Grin

i think soma token will be available in Utrust  platform. those token can be usable or exchangeable in Utrust platform i just thinking but correct answer Dev can give u or wait for official news.

It will most likely be that you can choose UTrust as an payment option when you bought something on the SOMA market.

yeah this is what I think as well. regardless it's great that these 2 projects decided to cooperate. it will increase the value of both tokens at the same time.
They will be advertising each other, kinda like a symbiotic organism. Especially Utrust can benefit on this because if Soma will be succesfull more companies will be adopting Utrust payments. If Soma bankrupt, price of Utrust tokens will remain the same
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October 04, 2017, 08:13:39 PM
 #2525

this is first week in october but ICO Utrust still not start yet, what new about this project maybe i miss some news

No, mate, you didnt miss. Still no date. but first week not finished yet. So, wait  Wink

let us wait for the announcement, maybe they will announce it in the coming days. we know that the team behind this is great, i know they will not disappoint us about this.

Perhaps the announcement with SOMA is what caused the ICO to move up a bit. Already having a platform adopt UTRUST is very nice, even if it is just a place to proof it's effectiveness, other merchants are more likely to adopt a proven product.
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October 04, 2017, 08:25:50 PM
 #2526

Just read about partnership between UTrust and Soma, my friend google says that it's a decentralized community market (?), can someone give me an in depth explanation of it?
It's some kind of decentralized hybrid of Ebay and Facebook with Instagram layout and functions. Soma can help to popularize Utrust as a payment provider  Grin
it's great that they have cooperated and become partners - promissing start
I like both of these projects! and most likely I will invest in them in my funds

It's good to see that there is more and more cooperation between crypto projects, that's how a true crypto environment will be created, and that will accelerate the integration of cryptos in "the real world".
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October 04, 2017, 08:32:29 PM
 #2527

I still didnt find out if you will be able to use also old fashioned fiat when using Utrust for payments or they are strictly focused on cryptocurrencies? This would make it a perfect payment platform.

It doesn't make much sense to me pay with fiat trough UTrust! Or else what's the point of using it? With fiat I'll use PayPal and with cryptos UTrust

I don't understand why would it be bad for offering both options? Why leave fiat just for paypal? If this will go mainstream, paypal will accept cryptocurrencies as well and then people turn in their side because they are offering both options. I would rather see that Utrust didn't hand them that opportunity.
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October 04, 2017, 08:46:17 PM
 #2528

I still didnt find out if you will be able to use also old fashioned fiat when using Utrust for payments or they are strictly focused on cryptocurrencies? This would make it a perfect payment platform.

It doesn't make much sense to me pay with fiat trough UTrust! Or else what's the point of using it? With fiat I'll use PayPal and with cryptos UTrust

I don't understand why would it be bad for offering both options? Why leave fiat just for paypal? If this will go mainstream, paypal will accept cryptocurrencies as well and then people turn in their side because they are offering both options. I would rather see that Utrust didn't hand them that opportunity.

IF one day PayPal will add cryptos, it will add only 2-3 major cryptos trough a third party like coinbase or bitpay or gocoin. You will use it or you will use a platform where you can use a wide variety of crypto currencies?

▀▀█▄▄    [websitewhitepaper]  ❒  ATHERO  ❒  .Internet 3.0 solution    ▄▄█▀▀
  A revolutionary decentralized digital economy 
▄▄█▀▀    Twitter  ◽  Facebook  ◽  Telegram  ◽  Youtube  ◽  Github   ▀▀█▄▄
Chikitita2004
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October 04, 2017, 08:58:05 PM
 #2529

I still didnt find out if you will be able to use also old fashioned fiat when using Utrust for payments or they are strictly focused on cryptocurrencies? This would make it a perfect payment platform.

It doesn't make much sense to me pay with fiat trough UTrust! Or else what's the point of using it? With fiat I'll use PayPal and with cryptos UTrust

I don't understand why would it be bad for offering both options? Why leave fiat just for paypal? If this will go mainstream, paypal will accept cryptocurrencies as well and then people turn in their side because they are offering both options. I would rather see that Utrust didn't hand them that opportunity.
But utrust's advantage from paypal is that it does not only accept cryptos as payment but it also offers a more secure and reliable services to both seller and buyer. They even guarantee to pay back the loss of buyers incase of fraud in the part of the seller.

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Sozialtourist
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October 04, 2017, 09:01:45 PM
 #2530

When will the Token sale end? How much is the price for one Token?

Could you at least do a little bit of research on your own and don't rely on others providing you the information?

ICO hasn't even started and you already wanna know when it will end .... Start date will be announced on the first week of October and the price of one token is 0.065 USD, To gather these information it took about 10 seconds, checking their official website: https://utrust.io/ico
tiger5056
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October 04, 2017, 09:04:53 PM
 #2531

when actual platform for UTRUST going to be release?

FIEX
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October 04, 2017, 09:07:04 PM
 #2532

I still didnt find out if you will be able to use also old fashioned fiat when using Utrust for payments or they are strictly focused on cryptocurrencies? This would make it a perfect payment platform.

It doesn't make much sense to me pay with fiat trough UTrust! Or else what's the point of using it? With fiat I'll use PayPal and with cryptos UTrust

I don't understand why would it be bad for offering both options? Why leave fiat just for paypal? If this will go mainstream, paypal will accept cryptocurrencies as well and then people turn in their side because they are offering both options. I would rather see that Utrust didn't hand them that opportunity.

I have the same opinion.
Why only crypto's? UTRUST can easily use a fiat gateway for payments with fiat.

I would use both! Much beter to find partner for this.
Really cant wait to see UTRUST in action Smiley
s4mp1nt0
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October 04, 2017, 09:12:35 PM
 #2533

Hi, First week of october is about to end.
when they will announce the start of ico? I'm a bit excited because i want to invest it this token.

Chikitita2004
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October 04, 2017, 09:16:05 PM
 #2534

When will the Token sale end? How much is the price for one Token?

Could you at least do a little bit of research on your own and don't rely on others providing you the information?

ICO hasn't even started and you already wanna know when it will end .... Start date will be announced on the first week of October and the price of one token is 0.065 USD, To gather these information it took about 10 seconds, checking their official website: https://utrust.io/ico
Cheesy hot headed buddy. You seemed to be impatient but you still provided infos and almost answered his question though. Well, this event is keeping us to be excited.   

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October 04, 2017, 09:16:33 PM
 #2535

Will UTRUST have separate merchant accounts or are all accounts the same regardless of being a private individual or registered business?

I think UTRUST will have separate accounts with each merchants. This is necessary to separate the performance of each Sellers.

Most banks ask quite high monthly fees for a merchant account subscription in addition to transaction fees. I wonder if they do that because they have to recoup whatever costs are involved with that merchant account, or just because they can.

UTRUST on the other hand boast a flat 1% fee on received payments. No mention of a separate merchant account fee. But we also don't know if the feature set would suitable and legally acceptable to replace the banks' merchant accounts. Would be nice if someone from UTRUST could comment on this.
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October 04, 2017, 09:17:41 PM
 #2536

when actual platform for UTRUST going to be release?

unfortunately, as far as i know, this is going to be announced by the developement team yet.

i am excited too, ico should start now to get some tokens ahead Smiley
Voltaje
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October 04, 2017, 09:24:07 PM
 #2537

when actual platform for UTRUST going to be release?

unfortunately, as far as i know, this is going to be announced by the developement team yet.

i am excited too, ico should start now to get some tokens ahead Smiley

The team hasn't announced a beta testing of the platform yet, when that happens there will be an announcement, most likely in their website, so be patient, it takes time to develop a platform, especially for this kind of online wallet.
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October 04, 2017, 09:31:09 PM
 #2538

The ico is near, the announcement of the ico will be done in the following days. I’m really impatient to see all details about it, i will be very fast to be sure to have UTRUST token in time !
Chikitita2004
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October 04, 2017, 09:33:30 PM
 #2539

Will UTRUST have separate merchant accounts or are all accounts the same regardless of being a private individual or registered business?

I think UTRUST will have separate accounts with each merchants. This is necessary to separate the performance of each Sellers.

Most banks ask quite high monthly fees for a merchant account subscription in addition to transaction fees. I wonder if they do that because they have to recoup whatever costs are involved with that merchant account, or just because they can.

UTRUST on the other hand boast a flat 1% fee on received payments. No mention of a separate merchant account fee. But we also don't know if the feature set would suitable and legally acceptable to replace the banks' merchant accounts. Would be nice if someone from UTRUST could comment on this.
I also think each merchant will have a separate account, they will be giving a trust ratings to each merchant so how are they going to do it if not of separate account. I also wonder  from where are they going to take the compensation they will make to the buyers incase of fraud.

☉☉☉ ARTCOIN.AI ☉☉☉ ▐| BLOCKCHAIN ART GALLERY SYSTEM |▌
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Chikitita2004
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October 04, 2017, 09:40:23 PM
 #2540

when actual platform for UTRUST going to be release?

unfortunately, as far as i know, this is going to be announced by the developement team yet.

i am excited too, ico should start now to get some tokens ahead Smiley

The team hasn't announced a beta testing of the platform yet, when that happens there will be an announcement, most likely in their website, so be patient, it takes time to develop a platform, especially for this kind of online wallet.
If you've joined the slack and liked their facebook page, you'll be showered with notifications on their updates. News about Utrust are everywhere in the internet. You'll not be late.  Smiley

☉☉☉ ARTCOIN.AI ☉☉☉ ▐| BLOCKCHAIN ART GALLERY SYSTEM |▌
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