UTRUST

[Elkmar]

UTRUST, the world’s first cryptocurrency payments platform to implement consumer protections on a mass scale,has announced the dates for its global tour to promote awareness of its digital and crypto payments platform.

The announcement comes off the heel of the company's incorporation as a limited liability company in Switzerland and is the next step in its progress towards full regulatory compliance within the Swiss government. 

https://coinidol.com/utrust-blockchain-conference-ahead-of-november-ico/

that's a lot of events compressed in a 5-week timeline! i wonder how the Long Finance – Digital Currencies Trade Fair in London went. a follow-up report would be interesting and will lead to more interest in the next events.

Well, good that they invest a lot in marketing. That's the most important part to attract consumers.

[alphashotgun]

I was trying to find out it this ICO has an individual cap, couldn't find some yet. If you do know what's this ICO's cap please let me know

based on UTRUST website , it has a token supply of 1 Billion and a maximum crowdsale cap of 49M USD.
i hope that helps.

at least it helped me

[windreamteam]

A portion of the transaction costs is burned which further reduces the number of token ustrust and allows their value to grow in addition to their production limitation.

[tiger5056]

A portion of the transaction costs is burned which further reduces the number of token ustrust and allows their value to grow in addition to their production limitation.

so as UTRUST price goes high, do we pay more cost per gas?

[SEELE^^01]

A portion of the transaction costs is burned which further reduces the number of token ustrust and allows their value to grow in addition to their production limitation.

so as UTRUST price goes high, do we pay more cost per gas?

i think the fee (not gas!) will be regulated to the utrust token price in general, daily or weekly probably. but this is something only the devs can answer correct.

[belechau]

A portion of the transaction costs is burned which further reduces the number of token ustrust and allows their value to grow in addition to their production limitation.

so as UTRUST price goes high, do we pay more cost per gas?

i think the fee (not gas!) will be regulated to the utrust token price in general, daily or weekly probably. but this is something only the devs can answer correct.

I still have some doubts related to this internal rate of transactions, I'm not sure how it will contribute to Utrust's growth with each negotiation, but we have an excellent support and clarification team, I know it will be clear, I would like to congratulate you for the excellent work on Youtube, really very well clarified and enlightening

[SEELE^^01]

A portion of the transaction costs is burned which further reduces the number of token ustrust and allows their value to grow in addition to their production limitation.

so as UTRUST price goes high, do we pay more cost per gas?

i think the fee (not gas!) will be regulated to the utrust token price in general, daily or weekly probably. but this is something only the devs can answer correct.

I still have some doubts related to this internal rate of transactions, I'm not sure how it will contribute to Utrust's growth with each negotiation, but we have an excellent support and clarification team, I know it will be clear, I would like to congratulate you for the excellent work on Youtube, really very well clarified and enlightening

but the transaction fee must be aligned with the rise of the utrust token surely. would be pretty funny otherwise. you make a transaction, some of the fee gets burned, the token rises even more and at some point it will the fee will be worth more than the token Oo?

[matjas]

You are right here. As good as UTrust maybe become, as long as the advertisement isn't enough it will not get a base outsite of the crypto world, and that would be not enough to be in competition with Paypal.

Good point. But aren't we trying to bring the outside in and combine it with crypto into one grand unified blockchain crazy world? That's a simplified view of how I am seeing the future.

Well you can see it like bringing in the outside or bring out the inside, but in the end crypto needs to get to the masses. That's the point, otherwise even a great project like UTrust will have no chance out there. The userbase is the important part for something like this, so I hope, after the launch of UTrust they will make enough advertisment to widen the userbase fast.

The thing is, Utrust wont need that much advertisements than other crypto projects because people will see the payment option on their favorite shopping sites and wont even need to know the project from before to start using it.

[Mystic90]

Ive read conflicting messages about the partnership with PayPal by Stellar lumens, unsure if it is fake news or not

those are fakes like the amazon partnering stellar stuff too. then only real one is IBM partnership so far with stellar.

There is a group I guess for stellar which are trying to pump the price. IBM deal was real but probably didn't enough for them.

I don't think Paypal will be on crypto in short term at least it won't be there before utrust.

Stellar has a pretty big marketcap for a pump and dump play, why not try some other smaller coin like chaincoin it can use a new pump

[Yasemin]

The thing is, Utrust wont need that much advertisements than other crypto projects because people will see the payment option on their favorite shopping sites and wont even need to know the project from before to start using it.

That would only work if retailers would accept Utrust on their platform. I dont see that happening in the near future. Utrust will be targeting consumers first.

[levyashin]

A portion of the transaction costs is burned which further reduces the number of token ustrust and allows their value to grow in addition to their production limitation.

so as UTRUST price goes high, do we pay more cost per gas?

i think the fee (not gas!) will be regulated to the utrust token price in general, daily or weekly probably. but this is something only the devs can answer correct.

Devs can answer correct but your answer is the logical thing to do and probably it will be like that.

[wonderfullife]

Ustrust will help tradional players make the modern and easy transition for their current models to the digitization of currency.

[cantdecide]

You are right here. As good as UTrust maybe become, as long as the advertisement isn't enough it will not get a base outsite of the crypto world, and that would be not enough to be in competition with Paypal.

Good point. But aren't we trying to bring the outside in and combine it with crypto into one grand unified blockchain crazy world? That's a simplified view of how I am seeing the future.

Well you can see it like bringing in the outside or bring out the inside, but in the end crypto needs to get to the masses. That's the point, otherwise even a great project like UTrust will have no chance out there. The userbase is the important part for something like this, so I hope, after the launch of UTrust they will make enough advertisment to widen the userbase fast.

The thing is, Utrust wont need that much advertisements than other crypto projects because people will see the payment option on their favorite shopping sites and wont even need to know the project from before to start using it.

Sure but first I think UTrust must grow to get accepted into other shopping sites, also people need to get to know about UTrust otherwise they probably just stick to the alrady known payment options, because crypto is still something which is connected with crypto nerd stuff and black markets etc in the mind of most people who are not using it, if they know about crypto.

[Mystic90]

You are right here. As good as UTrust maybe become, as long as the advertisement isn't enough it will not get a base outsite of the crypto world, and that would be not enough to be in competition with Paypal.

Good point. But aren't we trying to bring the outside in and combine it with crypto into one grand unified blockchain crazy world? That's a simplified view of how I am seeing the future.

Well you can see it like bringing in the outside or bring out the inside, but in the end crypto needs to get to the masses. That's the point, otherwise even a great project like UTrust will have no chance out there. The userbase is the important part for something like this, so I hope, after the launch of UTrust they will make enough advertisment to widen the userbase fast.

The thing is, Utrust wont need that much advertisements than other crypto projects because people will see the payment option on their favorite shopping sites and wont even need to know the project from before to start using it.

They will need to market it to merchants to get accepted by them. get merchants is the biggest bottle neck for crypto at the moment, however the good thing about uTrust is that they take out the volatility risk of crypto
for the merchants, so it will be a much easier sell for them.

[FIEX]

it was posted few pages, anyway its quite cool they are participating in these events, there are good chances to meet the right people and get you product placed on the right spot

It a great promotional tool as well. people see Utrust getting around and that increases confidence in the project.

Going to events is very important for new ICO's.
The more invents the more investors you can get. Usually a lot of investors with a lot of money are there to look for the best ICO.

UTRUST is one of those great ICO's!
Cant wait to see them go!

[Ganerch]

UTRUST is a game changing when it comes to payment system that's why it's gaining amazing feedback from the people around cryptocurrency. For sure Utrust ICO will rise as it enter the market because the people believe in this project.  

[alphashotgun]

what recently came up my mind: would a partnership with jaxx be benefitial?

[cxrealdcx]

News about Utrust on cointelegraph. They have a good adversiting 

https://cointelegraph.com/news/imagine-paypal-juiced-by-blockchain-steroids

There, the article even says that UTRUST is superior to Paypal. It's probably premature to say so.

Imho. UTRUST is definitely superior to Paypal because it has great features that Paypal doesnt have.

I agree with you, UTRUST has some unique features compared to Paypal but so far these are only ideas. UTRUST still has to prove itself and it's still a long time until platform release.

We all need to keep in mind that the ICO's we are investing in, are actually just business plans. Some of them have a demo but most of them have almost nothing but a website, a Whitepaper and some promises.
Utrust has a very nice business plan and they seem to advance but they are nowhere production ready yet.
I do still believe in the concept so that is that.

As you said, investing in ICOs is always risky, a bit like gambling. There are projects, that won't hold their promises and others, where you wish you would have invested more money when you look back. I hope Utrust can be the latter but you never know.

If it wouldn´t be like that everyone would invest in the same companies and than it also wouldn´t be that good.
So, come on...

[kraterion]

The thing is, Utrust wont need that much advertisements than other crypto projects because people will see the payment option on their favorite shopping sites and wont even need to know the project from before to start using it.

That would only work if retailers would accept Utrust on their platform. I dont see that happening in the near future. Utrust will be targeting consumers first.

Utrust is meant to be integrated in shops (and first release will be API for merchants) or else why are we discussing it? Or else why it would need buyer protection?

[Cauchy]

Only a week left until ICO, will be interesting to follow the progress of the sale given the massive amount of interests sparked in this thread.