xamil
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Activity: 354
Merit: 11
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October 09, 2017, 10:39:48 AM |
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Why did the date of the Ico appointed so late? For a month people can forget about the project ..
People do not forget it as long as we all know that the project delayed is for it's better result. They know what they are doing and they look for the good effect for the buyers and sellers. utrust become more popular than others. |
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borisesbit
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Activity: 9
Merit: 0
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October 09, 2017, 10:41:18 AM |
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The project is awesome. The partnership with SOMA is nice thing
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Piggy
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October 09, 2017, 10:54:22 AM |
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The task that they are taking on is not trivial, going against Paypall and all. But using directly crypto currencies to pay is really what many people have been waiting for since Bitcoin appeared. It's starting to happening now but, this project could bring it at mainstream level hopefully.
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Affchain
Newbie
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Activity: 84
Merit: 0
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October 09, 2017, 11:24:38 AM |
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The task that they are taking on is not trivial, going against Paypall and all. But using directly crypto currencies to pay is really what many people have been waiting for since Bitcoin appeared. It's starting to happening now but, this project could bring it at mainstream level hopefully.
If you think about it, paying with crypto has been around for as long as they have been slapping a Visa logo on Crypto pay cards and Bitpay cards. I finally ordered my Bitpay card two weeks ago. This is a good project and I see it maybe getting picked up by some major online retailers, but this is not new and mass adoption is going to take more than one company. Good news though. Mass adoption and crypto on the mainstream are happening now. It is going to take all the major industries to start using Blockchain tech. Coming soon. |
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cantdecide
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October 09, 2017, 11:31:01 AM |
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The task that they are taking on is not trivial, going against Paypall and all. But using directly crypto currencies to pay is really what many people have been waiting for since Bitcoin appeared. It's starting to happening now but, this project could bring it at mainstream level hopefully.
Sure, it's an David VS. Goliath, but with a big enough user base from the crypto world they can win this and be at least at the same level as Paypal. This could be the break through for crypto payment. |
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Emdppablo
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October 09, 2017, 11:37:41 AM |
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But nowadays this type of promotion is so big, you never know how many Telegram members are real too, but i guess seeing fake supporters talk about the project can help having real supporters
Well, I agree that is why it is called promotion, they need to bring real supporters to the project. Though I do not think these are fake supporters since they are giving their time and effort to spread news and awareness about UTRUST. Oh well, let us just see how UTRUST will perform on its ICO day. Except these secret campaigns pay people to talk about the project doing meaningful posts so it's difficult to know which is a true supporter... Yes we will see, if all these supporters are real, they should reach their hardcap in few days I agree actually they had not started their ICO yet, it will be on Nov. 2 and they only need 7 days for it. I hope small investors can get in since I read that some private group chat of whales are coming in to this ICO sales. Which whale telegram group is that? How did you get in? I am not sure if its good for the token if whales come in, they are more likely to dump and manipulate the token price I have been around UTRUST telegram and some person talked about some group of big investors getting interested to hop in to this project, though I do not know if it is the whale group but well I hope a large number of small investors can be able to participate to this project. It would be a waste if whales can just manipulate this beautiful project. I don't know this will happen or not. But icos are very unpredictable. I can't blame them if they put an investor before it. After a failed ico, no-one would want to invest you. Lol this is not a failed ICO, actually their private sale and pre-ico were sold out in just a couple of hour. I believe this is one hot project, and legit one too since they are into implementing KYC and AML to follow the law. UTRUST will be among the first one to open an era of cleaner ICO, I guess MYST is another one that implemented KYC. I don’t know why some people thinks that this is a failed ico. If you miss the other crypto train this is the next big thing when mass people adopt cryptocurrrency utrust will be the middle man platform for payment. patronizing this Platform will definitely give you fortune in the long term! |
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Sozialtourist
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October 09, 2017, 11:43:55 AM |
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There was an announcement on slack that the team will be at the ICO Event London on the 11th October this week ( https://icoeventuk.com/en). So If any of you are in London, you can meet them there. Hopefully they will make a summary of their appearance for all of us who can't go to London in person. |
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imutlinda
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October 09, 2017, 11:51:33 AM |
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The task that they are taking on is not trivial, going against Paypall and all. But using directly crypto currencies to pay is really what many people have been waiting for since Bitcoin appeared. It's starting to happening now but, this project could bring it at mainstream level hopefully.
Sure, it's an David VS. Goliath, but with a big enough user base from the crypto world they can win this and be at least at the same level as Paypal. This could be the break through for crypto payment. I also think the same about it's Equivalent paypal and hope can exceed from paypal. Although it's a complicated task if it should be higher than paypal But I'm sure they will try as far as possible |
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cantdecide
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October 09, 2017, 12:12:29 PM |
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The task that they are taking on is not trivial, going against Paypall and all. But using directly crypto currencies to pay is really what many people have been waiting for since Bitcoin appeared. It's starting to happening now but, this project could bring it at mainstream level hopefully.
Sure, it's an David VS. Goliath, but with a big enough user base from the crypto world they can win this and be at least at the same level as Paypal. This could be the break through for crypto payment. I also think the same about it's Equivalent paypal and hope can exceed from paypal. Although it's a complicated task if it should be higher than paypal But I'm sure they will try as far as possible I don't see the need to be all the time the best and maybe the only one on the market. Competition is the best for every company to get not lazy. If UTrust will have success Paypal will probably work hard on getting better, also will UTrust then to get better. That's what I want to see  |
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Rigorous
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October 09, 2017, 12:19:51 PM |
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Hi all,
After superficially exploring (read-only) crypto in recent months UTRUST seems to finally be a product with tangible real-world value to it. With my interest at peak I spent time reading parts of the whitepaper and it raises questions. For starters:
If both parties do not come to terms in 7 days, the buyer has the option to escalate the claim to a mediator. In this instance, a UTRUST operator joins the chat resolution and serve as mediator and arbitrator with final say on the dispute outcome. Proceeding with an escalation will incur a fee of 2% over the amount in hold if a buyer refund is issued by the UTRUST mediator.
What I understand is that the buyer is penalized even if innocent. Is it my level of English or intelligence?
Hi, i asked it too. So the moderator will follow and decide who is wrong. Incorrect side will be penalized and other get pay back 100% The seller will also be penalized by getting a lower rating, which means funds will be held in escrow for longer. This topic has been discussed before and I speculated they did this way is because the mediator still has to be paid for services and the only party having money in the dispute is the buyer. My suggestion is to reserve a portion of the seller fees to pay the escalation fees in case of buyer refunds instead. |
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Trrrt
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October 09, 2017, 01:29:29 PM |
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I also think that UTRUST can grow enough to become a big platform. For exemple Paypie is enormous but not crypto friendly, so UTRUST have the features to take a lot of business, I think that utrust can easily become a huge paltform too.
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jonnytracker
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October 09, 2017, 01:29:45 PM |
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The project is awesome. The partnership with SOMA is nice thing
the partnership is great but both are in ico right ? why cant they just merge the team and launch as one product |
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Elkmar
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October 09, 2017, 01:59:10 PM |
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The project is awesome. The partnership with SOMA is nice thing
the partnership is great but both are in ico right ? why cant they just merge the team and launch as one product It would limit the potential of the ICO. I think it's good that every project keep its independency. |
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sockpuppet1911
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October 09, 2017, 02:01:54 PM |
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I also think that UTRUST can grow enough to become a big platform. For exemple Paypie is enormous but not crypto friendly, so UTRUST have the features to take a lot of business, I think that utrust can easily become a huge paltform too.
For sure, there is not yet any noteworthy competitors that i am aware of, even though there is a demand of this kind of service. |
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Emdppablo
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October 09, 2017, 02:06:24 PM |
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The project is awesome. The partnership with SOMA is nice thing
the partnership is great but both are in ico right ? why cant they just merge the team and launch as one product Because the other one has different direction and they merge on particular area. having two team separately is better than one since they will focus on their craft and bear a good fruit on their partnership |
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viljy
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October 09, 2017, 02:37:41 PM |
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The project is awesome. The partnership with SOMA is nice thing
the partnership is great but both are in ico right ? why cant they just merge the team and launch as one product Because SOMA is just one of the customers for UTRUST. The payment system UTRUST will be used by many other users. In turn, SOMA can not be limited to only one payment system within its social network, and use others. |
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Mystic90
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October 09, 2017, 02:45:17 PM |
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But nowadays this type of promotion is so big, you never know how many Telegram members are real too, but i guess seeing fake supporters talk about the project can help having real supporters
Well, I agree that is why it is called promotion, they need to bring real supporters to the project. Though I do not think these are fake supporters since they are giving their time and effort to spread news and awareness about UTRUST. Oh well, let us just see how UTRUST will perform on its ICO day. Except these secret campaigns pay people to talk about the project doing meaningful posts so it's difficult to know which is a true supporter... Yes we will see, if all these supporters are real, they should reach their hardcap in few days I agree actually they had not started their ICO yet, it will be on Nov. 2 and they only need 7 days for it. I hope small investors can get in since I read that some private group chat of whales are coming in to this ICO sales. Which whale telegram group is that? How did you get in? I am not sure if its good for the token if whales come in, they are more likely to dump and manipulate the token price I have been around UTRUST telegram and some person talked about some group of big investors getting interested to hop in to this project, though I do not know if it is the whale group but well I hope a large number of small investors can be able to participate to this project. It would be a waste if whales can just manipulate this beautiful project. I've read that they are starting to sell to some bigger parties with a bonus of 20%, haven't read anything about a big whale club though. I like this, cause it makes sure the project gets a decent amount of investors/money in early. My question is, HOW DO I GET IN THIS GROUP!  |
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Celebrity
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October 09, 2017, 02:46:37 PM |
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I don't know if Utrust can compete with Monetha in the market, but if it can, the future of it will be very rich for sure!
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benalexis12
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October 09, 2017, 02:57:22 PM |
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The project is awesome. The partnership with SOMA is nice thing
the partnership is great but both are in ico right ? why cant they just merge the team and launch as one product Because the other one has different direction and they merge on particular area. having two team separately is better than one since they will focus on their craft and bear a good fruit on their partnership Totally Agree, hope this partnersip will last. A great developer and great platform this is indeed the best ICO so far. |
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SEELE^^01
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October 09, 2017, 03:05:47 PM |
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I don't know if Utrust can compete with Monetha in the market, but if it can, the future of it will be very rich for sure!
i think they must have to compete and have comparision to monetha project as well, but in fact, this project runs flawlessly atm and with partnering with soma, yes i think too, that this will be a bright future for utrust |
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