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Author Topic: UTRUST  (Read 314573 times)
sockpuppet1911
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October 02, 2017, 08:49:28 AM
 #2141

The idea of ​​making the bridge between the crypro and the currency fiat, will democratize this market of cryptocurrencies and will finish physically concretizing to benefit many people.
100% true! that is the legeng they want to spread into the whole world, this is really an amazing step they did! thanks for the IDEA

the only thing holding back crypto right now is the ability to easily spend it. hopefully utrust will solve that.
If your talking about the whole crypto yes it is, but if we focus only to those that are worthy we can easily buy something if their are a merchant that will accept them, right now the problem is the merchant.
I think merchants will easily accept utrust becouse they will be paid in fiat.
Yes, this could be very helpful for a wide adoption of shops. Most companies are not interesting in Bitcoin or crypto in general as a payment method, because it's so volatile.

That's what my local retailers keep telling me. And they don't want the hassle of learning new things. Sigh... connecting factor on dead companies seems to be lack of adaption to new things...
Xenrise
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October 02, 2017, 09:40:44 AM
 #2142

I never heard about Monetha, did their ICO had some success ?
Well this question is out of the blue.  Roll Eyes. But yes they succeed on their ico. 30 minutes sold out I think Cheesy
benalexis12
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October 02, 2017, 09:48:23 AM
 #2143

The idea of making the bridge between the crypro and the currency fiat, will democratize this market of cryptocurrencies and will finish physically concretizing to benefit many people.
100% true! that is the legeng they want to spread into the whole world, this is really an amazing step they did! thanks for the IDEA

the only thing holding back crypto right now is the ability to easily spend it. hopefully utrust will solve that.
If your talking about the whole crypto yes it is, but if we focus only to those that are worthy we can easily buy something if their are a merchant that will accept them, right now the problem is the merchant.
I think merchants will easily accept utrust becouse they will be paid in fiat.
Yes, this could be very helpful for a wide adoption of shops. Most companies are not interesting in Bitcoin or crypto in general as a payment method, because it's so volatile.

Yes if the cryptocurrency will go wild for the nxt 2-3 years.. most of the companies will adopt bitcoin easily and the payment method they will use Utrust platform.

levyashin
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October 02, 2017, 09:49:29 AM
 #2144

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
 So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is.

Monetha and TenX targets different use-cases in thebc ecosystem.

Tenx and UTRUST are completely different, they will not be in competition with eachother.
Monetha and UTRUST can be competitors, I personally found UTRUST better then Monetha, Utrust will use more different crypto's, system design, ...

Cant wait to see this fly over Monetha Wink
Well they could be competitors in terms of their coin. Monetha is a great competitor of utrust in terms of its services and the whole project itself. But tenx is so different from utrust.

Well Monetha is a great competitor for UTrust, but if UTrust manage to handle the platform like they want to with the fee model etc. they will outstand over Monetha in nearly every aspect.

Exactly like that. Utrust is more promising and because of that, it is getting some attacks from monetha investors.

Actually, if they are so worried about utrust, they should just sell their tokens and participate the ico of utrust.

George.kv
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October 02, 2017, 10:15:15 AM
 #2145

Any idea about the ico date?
DanF20
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October 02, 2017, 10:16:58 AM
 #2146

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
 So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is.

Monetha and TenX targets different use-cases in thebc ecosystem.

Tenx and UTRUST are completely different, they will not be in competition with eachother.
Monetha and UTRUST can be competitors, I personally found UTRUST better then Monetha, Utrust will use more different crypto's, system design, ...

Cant wait to see this fly over Monetha Wink
Well they could be competitors in terms of their coin. Monetha is a great competitor of utrust in terms of its services and the whole project itself. But tenx is so different from utrust.

Do you have complete details sir to compared those platforms to utrust so that we can more appreciate the differences btween the three platforms, utrust, monetha and tenx?
mbtc31
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October 02, 2017, 10:20:24 AM
 #2147

Any idea about the ico date?

Let us wait this week because most probably it should be started since oct 1 base on the roadmap.
ubercool
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October 02, 2017, 10:30:21 AM
 #2148

I never heard about Monetha, did their ICO had some success ?
Well this question is out of the blue.  Roll Eyes. But yes they succeed on their ico. 30 minutes sold out I think Cheesy

Because it was unique and now it got competition and Utrust will beat it, In any field competition is very important and hopefully Utrust is strong enough to take a stand.
cantdecide
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October 02, 2017, 10:55:34 AM
 #2149

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
 So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is.

Monetha and TenX targets different use-cases in thebc ecosystem.

Tenx and UTRUST are completely different, they will not be in competition with eachother.
Monetha and UTRUST can be competitors, I personally found UTRUST better then Monetha, Utrust will use more different crypto's, system design, ...

Cant wait to see this fly over Monetha Wink
Well they could be competitors in terms of their coin. Monetha is a great competitor of utrust in terms of its services and the whole project itself. But tenx is so different from utrust.

Well Monetha is a great competitor for UTrust, but if UTrust manage to handle the platform like they want to with the fee model etc. they will outstand over Monetha in nearly every aspect.

Exactly like that. Utrust is more promising and because of that, it is getting some attacks from monetha investors.

Actually, if they are so worried about utrust, they should just sell their tokens and participate the ico of utrust.

You know, like people don't want to sell what they have because then they have to admit that they made a not so good investment in the end. But could imagen that some are coming over to UTrust or even invest in both.

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Sozialtourist
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October 02, 2017, 11:04:07 AM
 #2150

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
 So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

There's monetha but they seem very limited with multiple cryptocurrency support. Also, they doesn't seems very active with development and all as utrust is.

Monetha and TenX targets different use-cases in thebc ecosystem.

Tenx and UTRUST are completely different, they will not be in competition with eachother.
Monetha and UTRUST can be competitors, I personally found UTRUST better then Monetha, Utrust will use more different crypto's, system design, ...

Cant wait to see this fly over Monetha Wink
Well they could be competitors in terms of their coin. Monetha is a great competitor of utrust in terms of its services and the whole project itself. But tenx is so different from utrust.

Well Monetha is a great competitor for UTrust, but if UTrust manage to handle the platform like they want to with the fee model etc. they will outstand over Monetha in nearly every aspect.

Exactly like that. Utrust is more promising and because of that, it is getting some attacks from monetha investors.

Actually, if they are so worried about utrust, they should just sell their tokens and participate the ico of utrust.

You know, like people don't want to sell what they have because then they have to admit that they made a not so good investment in the end. But could imagen that some are coming over to UTrust or even invest in both.

Well I could understand that investors of Monetha want to hold their tokens. The ICO was sold out super fast and the price is just a bit higher now than at the ICO. It would make more sense for them to diversify and invest in UTrust, too.
achikomimi
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October 02, 2017, 11:18:45 AM
 #2151

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
 So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

Monetha is one that I know with direct competition. And infairness Monetha has also good platform. But I prefer UTRUST because it accepts multi cryptocurrencies and with lower transaction fees.
eneyardi
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October 02, 2017, 11:20:59 AM
 #2152

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
 So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

Monetha is one that I know with direct competition. And infairness Monetha has also good platform. But I prefer UTRUST because it accepts multi cryptocurrencies and with lower transaction fees.

I also follow these two projects, but anyway I would like to know what is your competitive advantage comparing to Monetha  Huh
imtiazmahmood
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October 02, 2017, 11:34:48 AM
 #2153

Interesting project.

So comparing utrust and tenx. Tenx payments would be to spend crypto in real, physical shops, but Utrust would be used only for online payments?
 So they are not directly competing with each other?

Also I can't believe anyone hasn't already done a project like this Cheesy

Or is there any direct competition?

Monetha is one that I know with direct competition. And infairness Monetha has also good platform. But I prefer UTRUST because it accepts multi cryptocurrencies and with lower transaction fees.

yes i agree with you thoughts. i am also fan of Utrust project. this project also charge low fees more then others projects. i think this is revolution project. here too many people asking and investing i am the one also invested in this project and now i am excited about launch.
ace4549
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October 02, 2017, 11:37:04 AM
 #2154

The idea of ​​making the bridge between the crypro and the currency fiat, will democratize this market of cryptocurrencies and will finish physically concretizing to benefit many people.
yes that is very true, this creates no barrier to any cryptocurrency once this will be done and out on the market
viljy
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October 02, 2017, 11:37:15 AM
 #2155

I never heard about Monetha, did their ICO had some success ?
Well this question is out of the blue.  Roll Eyes. But yes they succeed on their ico. 30 minutes sold out I think Cheesy

Because it was unique and now it got competition and Utrust will beat it, In any field competition is very important and hopefully Utrust is strong enough to take a stand.

Yes, it is important that there is competition in the sphere of interests. If there is a monopolist, it reduces the quality of its services. When UTRUST competes, the quality of service will increase in both systems.


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Xenrise
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October 02, 2017, 11:51:53 AM
 #2156

I never heard about Monetha, did their ICO had some success ?
Well this question is out of the blue.  Roll Eyes. But yes they succeed on their ico. 30 minutes sold out I think Cheesy

Because it was unique and now it got competition and Utrust will beat it, In any field competition is very important and hopefully Utrust is strong enough to take a stand.

Yes, it is important that there is competition in the sphere of interests. If there is a monopolist, it reduces the quality of its services. When UTRUST competes, the quality of service will increase in both systems.
I really like that idea of competitiveness of both projects. Well by that I can see that there would be a competition between UTRUST, Monetha and Paypal when they'll start hcollecting btc as payment and transaction.
Trrrt
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October 02, 2017, 12:05:56 PM
 #2157

I think UTRUST is in good place to become the most used platform in crypto world. PayPal is a huge platform for regular payment but not for the crypto lover, and I think UTRUST has great argument to take this place. A very bankable project with a lot of application.
magisterr
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October 02, 2017, 12:37:25 PM
 #2158

I think UTRUST is in good place to become the most used platform in crypto world. PayPal is a huge platform for regular payment but not for the crypto lover, and I think UTRUST has great argument to take this place. A very bankable project with a lot of application.

Im agree. May be they can became as alternative to paypal in crypto world.  Roll Eyes
haxllega
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October 02, 2017, 12:39:38 PM
 #2159

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

Usually it works this way. Buyer purchases your item, then files a chargeback against the credit card company. The money you got from that buyer is then taken out of your PayPal account.

Oh yeah, I have heard of that. It is a big problem for merchants selling digital goods, especially those without DRM. The buyer can do a chargeback after copying the data.

It is even worse when stolen credit cards are involved. For example, the game publisher TinyBuild claims that people bought their games in their webshop with stolen credit cards who then performed chargebacks and resold the keys on the grey market G2A. Then the story gets a bit fuzzy. I think TinyBuild could revoke the keys, but the end-users bought them in good faith on G2A, so that could backfire.

https://www.kotaku.com.au/2016/06/g2a-fires-back-at-developer-gives-them-three-days-to-provide-suspicious-keys/


I had also a first hand experience with that. Sold some digital goods from a game, buyer pays with a stolen credit card. Money got chargebacked. Case closed and nothing I could do about it. Lost only around $100 but it still bothers me. Since then I started to sell for BTC and got involved in the cryptoworld and here I am  Grin

So everything turned to an good end. Wink I hope UTRUST will be a good competitor to force paypal to take care of their customers more.

loof99
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October 02, 2017, 12:46:01 PM
 #2160

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

Usually it works this way. Buyer purchases your item, then files a chargeback against the credit card company. The money you got from that buyer is then taken out of your PayPal account.

Oh yeah, I have heard of that. It is a big problem for merchants selling digital goods, especially those without DRM. The buyer can do a chargeback after copying the data.

It is even worse when stolen credit cards are involved. For example, the game publisher TinyBuild claims that people bought their games in their webshop with stolen credit cards who then performed chargebacks and resold the keys on the grey market G2A. Then the story gets a bit fuzzy. I think TinyBuild could revoke the keys, but the end-users bought them in good faith on G2A, so that could backfire.

https://www.kotaku.com.au/2016/06/g2a-fires-back-at-developer-gives-them-three-days-to-provide-suspicious-keys/


I had also a first hand experience with that. Sold some digital goods from a game, buyer pays with a stolen credit card. Money got chargebacked. Case closed and nothing I could do about it. Lost only around $100 but it still bothers me. Since then I started to sell for BTC and got involved in the cryptoworld and here I am  Grin

So everything turned to an good end. Wink I hope UTRUST will be a good competitor to force paypal to take care of their customers more.
yes but how can we know that it will really contend to paypal?are ther fees in sending and buying token?
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