UTRUST

[foolishorient]

merchant form "call for merchants" is closed. I think they already have enough for testing.

what do you mean by this?

actually i saw someone still. looking for the form to. sign up and asking on telegram. but it is already closed. there are other payment platforms but no merchant is interested. You dont imagine. merchants need utk, its real.

[jptrust]

Hi guys, holder here. If you are in from ico, no reason to do anything unless cash is needed. Currently there is lack of value in crypto for consumers. utrust is providing this which is truly helpful for mass adoption + there is huge value for businesses as of chargebacks. Very solid. Just my 2 cents.

I wanted to ask how are utrust tokens used inside the platform? When you connect your wallet you should first convert crypto to UTK tokens to have available balance for shopping or does it happen automatically so that it will pick the amount from one of your wallets and converts to UTK and then to fiat?

Also, utrust seeing increased usage, isn't there demand increasing for UTK within the platform? If there is 1 million $ payments through utrust on ecommerce, utrust volume would be 1 mil?

What happens when utrust converts tokens to fiat for the merchant. Do the tokens go back into circulation?

My apologies if it's explain within the whitepaper.

Thanks and keep waiting. We have been only on the market for some days.

[DoctorTussin]

Hi guys, holder here. If you are in from ico, no reason to do anything unless cash is needed. Currently there is lack of value in crypto for consumers. utrust is providing this which is truly helpful for mass adoption + there is huge value for businesses as of chargebacks. Very solid. Just my 2 cents.

I wanted to ask how are utrust tokens used inside the platform? When you connect your wallet you should first convert crypto to UTK tokens to have available balance for shopping or does it happen automatically so that it will pick the amount from one of your wallets and converts to UTK and then to fiat?

Also, utrust seeing increased usage, isn't there demand increasing for UTK within the platform? If there is 1 million $ payments through utrust on ecommerce, utrust volume would be 1 mil?

What happens when utrust converts tokens to fiat for the merchant. Do the tokens go back into circulation?

My apologies if it's explain within the whitepaper.

Thanks and keep waiting. We have been only on the market for some days.

"Each time a buyer pays with any cryptocurrency via the UTRUST payment platform a percentage of the
transactional fee will be used to buyback UTK and to remove them from the market.
The removed tokens will be burned. This will reduce the amount of UTK supply
further driving demand, the adoption of the platform and the value for contributors.
The amount of UTK was projected to be reduced from the initial 1 billion to a
minimum cap of 100 million, at a rate no faster than 50 million a year. Considering
that the total amount of tokens was reduced upon the extension of the ICO, this
reduction will be prorated.

The higher the volume of transactions in the UTRUST platform, the higher the
potential market value of the token. A percentage of the transaction fee will be
removed from the pool in each market transaction, and the more the UTRUST
platform is used (with any supported crypto-currency), the further the supply of
UTK will decrease, a built-in adjustment that acts as our self-stabilization
mechanism. "

[Oren4000]

Predicted that the price below $ 0.5 will not go down, but for 1-1.5 hours the price went down well, and then returned up. But it's okay if you look at the market now.

Looks like your predicition is holding so far.  Price went briefly to $0.38 but quickly rose back up. yeah, this downtrend in the market sure are affecting almost all coins and tokens.

[koutsdekis]

 

ALERT! ALERT! HUOBI TO LIST UTK:

https://i.redditmedia.com/xWSR3gsOwfoUbqovetyzyw1NjXguwuxuXuJ4RwXCYkk.jpg?w=354&s=b92873f0b407b1a0ac971a997364951f

Source: https://www.huobi.pro/zh-cn/notice_detail/?id=876
Asset info: https://www.huobipro.com/zh-cn/assetintro/#utk

Biggest chinese crypto exchange. Well boys, we've really outdone ourselves

[aceat64]

Is anyone else having problems with communication from Utrust? I'm still waiting for my ICO tokens but it's been radio silence since new year. In the dashboard it says my tokens have been successfully sent but my wallet (transaction hash is an error) never received it.

[miha]

Is anyone else having problems with communication from Utrust? I'm still waiting for my ICO tokens but it's been radio silence since new year. In the dashboard it says my tokens have been successfully sent but my wallet (transaction hash is an error) never received it.

Did you pass KYC?

[R2D2 (2.0)]

I can not pass KYUS because there is no international passport but only national. What can I do to get my tokens.

[miha]

I can not pass KYUS because there is no international passport but only national. What can I do to get my tokens.

you can use drive license  i think.

[mybtcasset]

Is anyone else having problems with communication from Utrust? I'm still waiting for my ICO tokens but it's been radio silence since new year. In the dashboard it says my tokens have been successfully sent but my wallet (transaction hash is an error) never received it.

Maybe because you didn't pass the KYC documents, not only a few people are facing the same situation and Utrust also think once because many people don't have the passport for the verification. They need to give another form for verification procedure.

[doudou1110]

At least their statement about kyc and token listing stopped the fud in the thread. I hope they will really do what they announced. I want to see my tokens worth on 29th.

Hello, I can see this project was very hot on this forum and we can see many members wearing this avatar everywhere, I just want to know if it is Too late to join in the ICO? Thank you.

Yes, it is too late to join ico. But i don't think there is more people is wearing avatar or signature?

By the way, it will be on market in two days so you can't buy from exchanges.

Thank you for answering my question. I did some research on this forum, I think it is promising, it will be listed on okex.com, right? I will buy some there if the price is not very high.

[numanoid]

At least their statement about kyc and token listing stopped the fud in the thread. I hope they will really do what they announced. I want to see my tokens worth on 29th.

Hello, I can see this project was very hot on this forum and we can see many members wearing this avatar everywhere, I just want to know if it is Too late to join in the ICO? Thank you.

Yes, it is too late to join ico. But i don't think there is more people is wearing avatar or signature?

By the way, it will be on market in two days so you can't buy from exchanges.

Thank you for answering my question. I did some research on this forum, I think it is promising, it will be listed on okex.com, right? I will buy some there if the price is not very high.

It's not it will be listed kn okex but it already listed on there (also kucoin and ether*shit*delta).

Congrats to everyone who have bought UTK on yesterday or below than $0.5, you already profited 45% today

[brokens]

For now on the price UTRUST token : https://coinmarketcap.com/currencies/utrust/ $0.615350 USD, buy this token now because the price still low.
it's time to change life for the better of this ICO. maybe i think this UTRUST will be $1 in February.  a bright future exists on this project. 

[DynamQ]

For now on the price UTRUST token : https://coinmarketcap.com/currencies/utrust/ $0.615350 USD, buy this token now because the price still low.
it's time to change life for the better of this ICO. maybe i think this UTRUST will be $1 in February.  a bright future exists on this project. 

the price now is really delicious, but I still will wait a little more time. it seems to me that when the tokens are distributed to hunters for the bounty the price may be lower than now...

[sge99]

For now on the price UTRUST token : https://coinmarketcap.com/currencies/utrust/ $0.615350 USD, buy this token now because the price still low.
it's time to change life for the better of this ICO. maybe i think this UTRUST will be $1 in February.  a bright future exists on this project. 

the price now is really delicious, but I still will wait a little more time. it seems to me that when the tokens are distributed to hunters for the bounty the price may be lower than now...

You're probably right, the price might dip again after bounty distribution. If so, I'll buy some more, bought already a good amount yesterday.

[lennox_dan]

For now on the price UTRUST token : https://coinmarketcap.com/currencies/utrust/ $0.615350 USD, buy this token now because the price still low.
it's time to change life for the better of this ICO. maybe i think this UTRUST will be $1 in February.  a bright future exists on this project. 

Thanks for the update and opinion, I wish the best for the project too.

[RonMank]

What happen with the telegram channel? They changed their telegram channel?

[Pastrana044]

When will be distribution tokens for Bounty members?

[Partizant]

When will be distribution tokens for Bounty members?

[jptrust]

Hi guys, holder here. If you are in from ico, no reason to do anything unless cash is needed. Currently there is lack of value in crypto for consumers. utrust is providing this which is truly helpful for mass adoption + there is huge value for businesses as of chargebacks. Very solid. Just my 2 cents.

I wanted to ask how are utrust tokens used inside the platform? When you connect your wallet you should first convert crypto to UTK tokens to have available balance for shopping or does it happen automatically so that it will pick the amount from one of your wallets and converts to UTK and then to fiat?

Also, utrust seeing increased usage, isn't there demand increasing for UTK within the platform? If there is 1 million $ payments through utrust on ecommerce, utrust volume would be 1 mil?

What happens when utrust converts tokens to fiat for the merchant. Do the tokens go back into circulation?

My apologies if it's explain within the whitepaper.

Thanks and keep waiting. We have been only on the market for some days.

"Each time a buyer pays with any cryptocurrency via the UTRUST payment platform a percentage of the
transactional fee will be used to buyback UTK and to remove them from the market.
The removed tokens will be burned. This will reduce the amount of UTK supply
further driving demand, the adoption of the platform and the value for contributors.
The amount of UTK was projected to be reduced from the initial 1 billion to a
minimum cap of 100 million, at a rate no faster than 50 million a year. Considering
that the total amount of tokens was reduced upon the extension of the ICO, this
reduction will be prorated.

The higher the volume of transactions in the UTRUST platform, the higher the
potential market value of the token. A percentage of the transaction fee will be
removed from the pool in each market transaction, and the more the UTRUST
platform is used (with any supported crypto-currency), the further the supply of
UTK will decrease, a built-in adjustment that acts as our self-stabilization
mechanism. "

Thank you for pointing this out. Real value product, early investors trust it and get price higher, product updates and launches will drive it further and for the cherry on the top the usage of the product drives demand further.