bitcoin-shark
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October 30, 2017, 11:59:21 AM |
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i think utrust can kick paypal from the throne, within some years. i am really glad that elon musk sold paypal and did not try to implement cryptocurrencies ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) yah! big mistake! but good for us if he did that we would not get the chance to be the part of the utrust community now yes they do a very big mistake without implementation of cryptocurrencies paypal don t have any chance to compete with utrust ,so they soon loose supremacy in online payments...
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coinstalker23
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October 30, 2017, 12:01:54 PM |
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Cruchcrypto's review did raise some concerns, especially this part: $3.5 million was raised during previous rounds at heavy discounts ($2 million at $0.02 per token and $1.5 million at $0.03 per token). Those participants have experienced a long lock-up period due to the delay of ICO from September 2017 to November 2017, which may cause these participants to dump their tokens below ICO price of $0.065.
The concern is based on how will their ico perform? If they can sell all that means 3.5 m $ can't dictate the market. Even they just dump all still price can't crash. But if they can raise 10 m $ and less yes it will become concerning. You are right sir. The partnership between SOMA project and UTRUST project are very good tandem. And for me using soma of utrust in terms of having a safety transactions are good idea.
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Mystic90
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October 30, 2017, 12:05:03 PM |
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Datum day 1 seems to be a huge succes, i wonder what uTrust day 1 will look like. It could do better then datum with the marketing they did
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rejosh
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October 30, 2017, 12:11:55 PM |
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We fully believe in this project and that it fills a big gap in this market. There is no commercial use for cryptocurrencies without a 3rd party service mediator such as UTRUST. Traditional online payment systems... This idea itself is enough explanation. A coin without a use case and circulation is a dead coin
The launching of ico in the utrust project is nearly approaching. We only have three more days left. The long wait is over for us and for the investors. This launch will be surely become a success. I can’t wait for two more days so excited. I hope it won’t be sold before I make my purchase
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Jay2408
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October 30, 2017, 12:16:22 PM |
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i think utrust can kick paypal from the throne, within some years. i am really glad that elon musk sold paypal and did not try to implement cryptocurrencies ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) yah! big mistake! but good for us if he did that we would not get the chance to be the part of the utrust community now yes they do a very big mistake without implementation of cryptocurrencies paypal don t have any chance to compete with utrust ,so they soon loose supremacy in online payments... Sooner or later paypal certainly will implement cryptos but then hopefully Utrust will have already a long-standing reputation as THE payment platform for cryptocurrencies.
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sockpuppet1911
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October 30, 2017, 12:18:21 PM |
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We must enter our owm data in crowdsale or it is not necessary?
Yes, they are doing KYC "Know our customer" Like most of the exchanges and icos should be doing now for the legal reasons. On KYC you need to send the proof that they'll request.
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Mystic90
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October 30, 2017, 12:33:05 PM |
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We fully believe in this project and that it fills a big gap in this market. There is no commercial use for cryptocurrencies without a 3rd party service mediator such as UTRUST. Traditional online payment systems... This idea itself is enough explanation. A coin without a use case and circulation is a dead coin
The launching of ico in the utrust project is nearly approaching. We only have three more days left. The long wait is over for us and for the investors. This launch will be surely become a success. I can’t wait for two more days so excited. I hope it won’t be sold before I make my purchase Was there any pre sale with big discounts and is there a whitelist to reg for the ICO? Pretty interested how much was sold in pre sale, and if they have a whitelist how many people are on there
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Kakumei (OP)
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UTRUST Community Manager
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October 30, 2017, 12:44:48 PM |
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We fully believe in this project and that it fills a big gap in this market. There is no commercial use for cryptocurrencies without a 3rd party service mediator such as UTRUST. Traditional online payment systems... This idea itself is enough explanation. A coin without a use case and circulation is a dead coin
The launching of ico in the utrust project is nearly approaching. We only have three more days left. The long wait is over for us and for the investors. This launch will be surely become a success. I can’t wait for two more days so excited. I hope it won’t be sold before I make my purchase Was there any pre sale with big discounts and is there a whitelist to reg for the ICO? Pretty interested how much was sold in pre sale, and if they have a whitelist how many people are on there There was a pre-sale that was $0.03 per UTK which we only sold $3.5M worth of tokens and aim to raise a total $49M in total during ICO. The market cap will barely be affected by this at all, even if everybody would dump at the same time. This is different for other ICOs, but we rejected offers from big buying groups asking for discounts and expect our price to be very stable once it hits the market. There isn't a whitelist but the is a KYC which is mandatory in order to withdraw your funds after participating in the ICO.
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sarahlaggui
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October 30, 2017, 12:52:55 PM |
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Joined airdrop#2 thanks to all, I'm so excited for more projects here great working, I hope so reserving for Filipino Translation if needed thank you. And godbless
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Trrrt
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October 30, 2017, 12:56:27 PM |
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The pre sale was a sucess, but I think the ico will be better, a lot of hype around Utrust. The community Is really supportive and we are a lot with the intention to invest. So much potential for Utrust, investors like that and see that !
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lobat999
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October 30, 2017, 01:09:49 PM |
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Reading more about UTRUST, in particular about the dispute resolution: Traditional solutions such as PayPal have a lengthy waiting period of transaction resolutions while they gather evidence on both sides independently (taking up to several months), making it a slow and painful process. We provide both a self-mediated 2-party resolution mode, and an advanced 3-party resolution dispute mechanism, enabling both parties to chat in real time, guided by one of our resolution mediators. We make it quick and easy to sort conflicts. This does sound like a good idea, but in reality we don't really know if it will work or what. Was there already somebody doing it with good or better result than PayPal? If you could answer this would be appreciated. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) There isn't anyone doing buyer protection like UTRUST which is what really separates us from other payment platforms. The reason why we will have a 3-party resolution dispute mechanism is because they are experts in these situations dedicated into doing this, therefore saving time. Also merchants will build trust rating over time and be able to complete transactions faster. I think UTRUST's payment protection mechanism works like an escrow which gives enough security for both the buyers and sellers alike.
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cantdecide
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October 30, 2017, 01:12:59 PM |
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Lots of movement in Youtube lately. Utrust videos are great for explaining the project to the community and deserve a watch.
And they are videos! I mean, videos! You know, videos... Ok kidding. But I love to see videos going around. You can watch them while doing other stuff and just listen to what there is said. Wish other projects would also use youtube more often as an information channel.
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Piggy
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October 30, 2017, 01:19:03 PM |
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We must enter our owm data in crowdsale or it is not necessary?
Yes, they are doing KYC "Know our customer" Like most of the exchanges and icos should be doing now for the legal reasons. On KYC you need to send the proof that they'll request. The fact they ask personal information since they will be KYC complaiant it may look as a hassle but in reality show the committment of the company to follow the lagislation. Same thing goes for the AML. In fact it seems this in the future will be a necessary thing to do for everyone, as exchanges are also moving toward listing KYC/AML compliant tokens only. Good to see UTRUST is on top of things, let's see in a few days when the ico start what kind of investments we will see arriving.
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hendri05
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October 30, 2017, 01:24:54 PM |
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I believe UTRUST will successfully, UTRUST for future of online payments its more secure wait until launch UTRUST ICO and i will allot money to invest in this ICO
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Kakumei (OP)
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UTRUST Community Manager
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October 30, 2017, 01:49:18 PM |
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We must enter our owm data in crowdsale or it is not necessary?
Yes, they are doing KYC "Know our customer" Like most of the exchanges and icos should be doing now for the legal reasons. On KYC you need to send the proof that they'll request. The fact they ask personal information since they will be KYC complaiant it may look as a hassle but in reality show the committment of the company to follow the lagislation. Same thing goes for the AML. In fact it seems this in the future will be a necessary thing to do for everyone, as exchanges are also moving toward listing KYC/AML compliant tokens only. Good to see UTRUST is on top of things, let's see in a few days when the ico start what kind of investments we will see arriving. Exactly we are taking all legal precautions in order to be a legitimate business starting now and into the future. Any ICO that isn't following KYC is at a huge risk of fraud.
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jukKas
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October 30, 2017, 01:50:36 PM |
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I would also love to hear devs statement about this. Interesting and well written analysis
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Bitcoin
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coinstalker23
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October 30, 2017, 01:56:56 PM |
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Congratulations to the utrust project from being listed in the ico chaser. Im very sure that this success will bring more investors to this kind of platform. Being listed in the ico chaser will bring also an good impact to the utrust.
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Jay2408
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October 30, 2017, 02:18:05 PM |
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I would also love to hear devs statement about this. Interesting and well written analysis Actually, dev already responded to this a couple of days ago. well the marketing is really topnotch, but when i read review like these:
i start to feel very uncomfortable about utrust T_T"
Well that's interesting and well written. We'll see what Utrust will do keep the value of its token high. well unfortunately seems to be true... just checked the ppl and really most of them are working for that marketing design company subvisual... utrust seems to be a side project by a couple of workers from there. @devs we need a statement... This is, unfortunately, a very common misconception. Subvisual (where I am writing you from right now!) is a successful online web design and development company founded in 2012. It has had clients like AT&T, Airtel, Betfair and others. A while ago we incorporated a new company (UTRUST Switzerland GmbH) and allocated a big share our staff to work full-time on UTRUST, a project that the entire team is very excited about. Over time, we have allocated more and more staff (mainly designers and developers) to UTRUST and plan to hire more dedicated staff after the ICO was successfully funded. Our main engineering office will remain in Portugal though, we want to be as financially responsible as possible with the funds that our community provided to us. Living costs in Zug (Switzerland) are more than 300% higher than in Braga (Portugal). You can verify these costs here. I hope this clarifies this situation, but if not, please don't hesitate again.
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SEELE^^01
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October 30, 2017, 02:39:51 PM |
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and it was good that they have responded very fast. seems like there is a lot fud going on in the internet against utrust and ppl trying to miscredit utrust during the ico.
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sockpuppet1911
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October 30, 2017, 02:46:05 PM |
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I would also love to hear devs statement about this. Interesting and well written analysis That cryptobriefing guy seems to be too emotional when it comes to scoring, why didn't he just accept the call? Why does he think what he can make the devs to do the interview on specific way? Having a skype call is way more trustworthy way to have a dialog then on some telegram channel. Many would have taken that as a good sign. But not this guy, this guy had his feelings hurt.
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