coinz101
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Activity: 15
Merit: 0
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October 30, 2017, 02:52:40 PM |
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Well these are good articles, I would call them overview. Although one of them describes in some detail how the UTRUST payment system will work. I'm wondering how the ICO will go. Quite a lot of hype around the project, will it affect the popularity? Now in connection with the upcoming BTC fork is not a very good time to sell tokens. This articles cover major aspects of utrust. They are detailed and well structured. Hacked gave 1/10 to worldcore and 7/10 to utrust..they rarely give more than a 5 in major icos..smarticoinvestor is on my reading list and they are quite methodic in their reviews
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Sozialtourist
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October 30, 2017, 03:05:15 PM |
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Well these are good articles, I would call them overview. Although one of them describes in some detail how the UTRUST payment system will work. I'm wondering how the ICO will go. Quite a lot of hype around the project, will it affect the popularity? Now in connection with the upcoming BTC fork is not a very good time to sell tokens. This articles cover major aspects of utrust. They are detailed and well structured. Hacked gave 1/10 to worldcore and 7/10 to utrust..they rarely give more than a 5 in major icos..smarticoinvestor is on my reading list and they are quite methodic in their reviews Thanks again for sharing these articles. It's always nice to get new input about UTrust before the ICO starts.
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Rigorous
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October 30, 2017, 03:11:44 PM |
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I do not think this question was answered yet:
Going by the whitepaper, UTRUST's escrow hold period is solely dependent on the merchants performance history and varies between 0 to 21 days.
If this is a trusted merchant with a high-performance rating, the funds will be released almost immediately.
Physical goods ordered online and transported through a carrier are never received immediately by the buyer. However, for a trusted merchant the money is not put into the escrow hold or a very short one. Thus, there is a period of time where the transaction is still in process but not protected by escrow.
Escrow.com requires online tracking and does not release the money until the carrier says it is delivered.
Does UTRUST also plan such a system or is it going to stick with the plan outlined in the whitepaper?
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jonnytracker
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October 30, 2017, 03:12:15 PM |
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The pre ico sold out is a good sign .. maybe it's safe to invest now
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svendoto23
Member
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Activity: 218
Merit: 10
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October 30, 2017, 03:19:07 PM |
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Great project , nice idea This is really indeed a very nice project. A project in which we can have a secure accounts and safety transactions with one another that would be great idea. This will be surely a success.
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siddartha1492
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October 30, 2017, 03:19:12 PM |
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Wow, this project seems very popular. So finally we can get rid of Paypal forever. The interesting part of this payment system is that it will convert crypto funds in fiat. That will surely attract non-crypto users. Looking forward to how it evolves. Sadly so many good ICOs in November, and so limited funds........
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Sozialtourist
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October 30, 2017, 03:21:51 PM |
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Wow, this project seems very popular. So finally we can get rid of Paypal forever. The interesting part of this payment system is that it will convert crypto funds in fiat. That will surely attract non-crypto users. Looking forward to how it evolves. Sadly so many good ICOs in November, and so limited funds........
Yes, that's so great with UTrust. Even when a seller/merchant doesn't want to accept cryptocurrencies he can still offer all buyers, who have cryptos to pay him with UTrust and he will get his fiat money as usual.
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Kakumei (OP)
Full Member
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Activity: 210
Merit: 100
UTRUST Community Manager
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October 30, 2017, 03:27:51 PM |
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I do not think this question was answered yet:
Going by the whitepaper, UTRUST's escrow hold period is solely dependent on the merchants performance history and varies between 0 to 21 days.
If this is a trusted merchant with a high-performance rating, the funds will be released almost immediately.
Physical goods ordered online and transported through a carrier are never received immediately by the buyer. However, for a trusted merchant the money is not put into the escrow hold or a very short one. Thus, there is a period of time where the transaction is still in process but not protected by escrow.
Escrow.com requires online tracking and does not release the money until the carrier says it is delivered.
Does UTRUST also plan such a system or is it going to stick with the plan outlined in the whitepaper?
If I am not mistaken I answered this a few pages ago. Initially, we are not planning implement any tracking services for these goods, but you can rest assured that a threshold is going to be big enough for those merchants to really have a solid history before it becomes available to them. By implication, this will mean that only sellers with a lot of trust will be able to to ever get there, and with this trust, they deserve the benefit of receiving funds almost immediately due to their reputation!
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mike0182
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October 30, 2017, 03:34:17 PM |
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The pre ico sold out is a good sign .. maybe it's safe to invest now Well, at the expense of safe investment, I would not hurry to draw conclusions. Now is not a simple time for ICO projects, it is already difficult to show good growth from the very beginning, but if the project is really worthwhile it will necessarily pay off after a while
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matjas
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October 30, 2017, 03:37:21 PM |
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What are the chances that fees will go up after successful mass adoption? Did you talk about that already or you are not considering it. Some ICOs already shown that economy is getting better so we can expect a great month.
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areschen
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October 30, 2017, 03:41:47 PM |
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It hasn't officially started the ICO yet, and there are nearly 300 pages of replies, UTRUST is too hot
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Kakumei (OP)
Full Member
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Activity: 210
Merit: 100
UTRUST Community Manager
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October 30, 2017, 03:45:47 PM |
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What are the chances that fees will go up after successful mass adoption? Did you talk about that already or you are not considering it. Some ICOs already shown that economy is getting better so we can expect a great month.
There are no plans to increase fees we have a very strong competitive advantage by keeping it low and tend to stay that way.
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svendoto23
Member
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Activity: 218
Merit: 10
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October 30, 2017, 04:01:19 PM |
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UTRUST'S concept is very viable in terms of platform development. I care less who will implement it as long as its done successfully. I agree with you sir/mam utrust project will be successful because of the protection that is stated in their features. And this is very important ko the investors. The security of their accounts.
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coinstalker23
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October 30, 2017, 04:02:14 PM |
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the project is predicted to be finished quickly with maximum sales. very interesting, while I will always see the development of this project
The utrust project will surely be sold out. Because there are lots of investors wjo wants to be part of this one of a kind project that has a so cool features and platforms.
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levyashin
Sr. Member
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Activity: 980
Merit: 276
$CYBERCASH METAVERSE
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October 30, 2017, 04:28:30 PM |
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the project is predicted to be finished quickly with maximum sales. very interesting, while I will always see the development of this project
The utrust project will surely be sold out. Because there are lots of investors wjo wants to be part of this one of a kind project that has a so cool features and platforms. The market is always unpredictable, you can never be sure about sold out. But they have a great project with every reason to be sold out. We will see in three days.
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Rigorous
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October 30, 2017, 04:36:35 PM |
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Initially, we are not planning implement any tracking services for these goods, but you can rest assured that a threshold is going to be big enough for those merchants to really have a solid history before it becomes available to them. By implication, this will mean that only sellers with a lot of trust will be able to to ever get there, and with this trust, they deserve the benefit of receiving funds almost immediately due to their reputation!
Thanks for answer. I can live with that if the seller is big enough that any complaints would harm their business. One could say their reputation takes over the function of escrow. For example Amazon, they handle complaints excellently.
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kraterion
Full Member
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Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
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October 30, 2017, 04:42:38 PM |
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The pre ico sold out is a good sign .. maybe it's safe to invest now If it's going to be sold out, I'm expecting many weak hands like I saw in previous ICOs or price go down till Q2 next year. I'm planning to buy when price's going to be cheap
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telegdyd
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October 30, 2017, 04:50:42 PM |
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and ico will last up to what number? until December 2?
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mike0182
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October 30, 2017, 05:01:02 PM |
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and ico will last up to what number? until December 2?
No, it will only go 7 days or until all the tokens are sold, so hurry up sir!
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Elkmar
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October 30, 2017, 05:05:45 PM |
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I think UTRUST will be the future payments in 2018 ii will affordable to to use UTRUST tranfering money to one another and for low cost,We will charge us only for flat 1% fee payments. Other services such as PayPal charge a flat minimum rate of 2.9%, but can go above 5% after all “hidden fees” are accounted for. thats why much better to use UTRUST payment.
It's sure that I'll speculate a lot on Utrust in 2018, could be a really good investments, even more while trading daily on it. theres no doubt boutthe investment in utrust are great , but i agree 2018 is the start to jump up with utrusst ! this project will put in history of crypto currency! 2018 could be a great year for altcoin, with the end of bitcoins fork and people getting back on alts.
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