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kraterion
Full Member
 
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Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
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October 27, 2017, 06:23:17 PM |
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It's 850Mil Token project, for me ICO prices those days look very expensive/overpriced calculated to profit creators not owners. I remember, investing 200$ in 2015 in NAV coin could bring you 70K profit in 2017 on peak, what I mean is Total Token supply of NAV was 61Mil and it took 3 years to reach 2$. For 200$ you could buy approx. 33K coins, that you could easy sell for 1$ = 33.000 $ now uTrust cost 0.065c and you need around 250.000 at least to have profit = 16.250$ this is just example how hard became to invest in crypto since cold calculated ISO took pace instead coins.
I strongly agree with you but here supply will decrease overtime because Utrust team will buy tokens from market and burn them, using a percentage of the platform's fees
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levyashin
Sr. Member
  
Offline
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
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October 27, 2017, 06:51:54 PM |
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It's 850Mil Token project, for me ICO prices those days look very expensive/overpriced calculated to profit creators not owners. I remember, investing 200$ in 2015 in NAV coin could bring you 70K profit in 2017 on peak, what I mean is Total Token supply of NAV was 61Mil and it took 3 years to reach 2$. For 200$ you could buy approx. 33K coins, that you could easy sell for 1$ = 33.000 $ now uTrust cost 0.065c and you need around 250.000 at least to have profit = 16.250$ this is just example how hard became to invest in crypto since cold calculated ISO took pace instead coins.
I strongly agree with you but here supply will decrease overtime because Utrust team will buy tokens from market and burn them, using a percentage of the platform's fees It is %90 percent in 20 years actually. They will burn %90 of the tokens in 20 years. It's a very long-term but a good vision. At least they won't burn them all 19 years later, they will burn each year 50 million of it. First-year even market cap comes %5 negative your token price will be same.
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StarSLight
Member

Offline
Activity: 322
Merit: 40
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October 27, 2017, 07:03:36 PM |
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This project has the most discussions, not one company I have yet seen so many reviews and various issues. It's nice to realize that the project is interested in such a number of people, so it will be successful 
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Kakumei (OP)
Full Member
 
Offline
Activity: 210
Merit: 100
UTRUST Community Manager
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October 27, 2017, 07:04:48 PM |
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It's 850Mil Token project, for me ICO prices those days look very expensive/overpriced calculated to profit creators not owners. I remember, investing 200$ in 2015 in NAV coin could bring you 70K profit in 2017 on peak, what I mean is Total Token supply of NAV was 61Mil and it took 3 years to reach 2$. For 200$ you could buy approx. 33K coins, that you could easy sell for 1$ = 33.000 $ now uTrust cost 0.065c and you need around 250.000 at least to have profit = 16.250$ this is just example how hard became to invest in crypto since cold calculated ISO took pace instead coins.
I strongly agree with you but here supply will decrease overtime because Utrust team will buy tokens from market and burn them, using a percentage of the platform's fees It is %90 percent in 20 years actually. They will burn %90 of the tokens in 20 years. It's a very long-term but a good vision. At least they won't burn them all 19 years later, they will burn each year 50 million of it. First-year even market cap comes %5 negative your token price will be same. We will burn a MAX of 50 million each year. So the fastest possible time it can reach the min cap of 100 million is about 18 years. It could take longer
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Trrrt
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October 27, 2017, 07:11:43 PM |
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T’es so much visibility for Utrust, a lot of people discuss everywhere about the project, so much articles and reviews, it’s really a good sign for the Utrust ico.
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Sozialtourist
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October 27, 2017, 08:26:48 PM |
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That is correct! We are aiming to have some merchants implement UTRUST by the end of the year to slowly scale up our platform. You already have arragements wih some merchants? I understand correctly? Its a big merchants?  As far as I know the beta platform won't be released next year. So it would be doubtful to have already big merchants onboard. We are actually onboarding the first merchants in the end of December 2018! Ahead of schedule! What do you mean with onboarding the first merchants? Will they have a working platform to pay on their sites with UTrust at the end of next year? I thought the first platform test for merchants is already planned for Q2 2018.
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niklasmato
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October 27, 2017, 08:48:55 PM |
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Just read the review of https://smarticoinvestor.com/I was pretty excited for Monetha, but UTrust appears to have solved a lot of the issues which I didn’t even realize they had at their core. Pretty good review 
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FIEX
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October 27, 2017, 09:04:27 PM |
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Just read the review of https://smarticoinvestor.com/I was pretty excited for Monetha, but UTrust appears to have solved a lot of the issues which I didn’t even realize they had at their core. Pretty good review  I was also a fan of Monetha, but after a good research about UTRUST they really convienced me. I already sold my Monetha when it was being dumped so everything is ready to join UTRUST  This platform will be so much more! Cant wait!
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Affchain
Newbie
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Activity: 84
Merit: 0
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October 27, 2017, 09:32:41 PM |
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As UTRUST marches forward with their gigantic marketing campaign, I am becoming more and more jazzed about this project's future. I just hope that have been putting as much work into the development of their platform as they have their exposure. This will be huge if they have.
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belechau
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October 27, 2017, 09:36:03 PM |
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Just read the review of https://smarticoinvestor.com/I was pretty excited for Monetha, but UTrust appears to have solved a lot of the issues which I didn’t even realize they had at their core. Pretty good review  I was also a fan of Monetha, but after a good research about UTRUST they really convienced me. I already sold my Monetha when it was being dumped so everything is ready to join UTRUST  This platform will be so much more! Cant wait! I look forward to the realization of Utrust, an open space to thrive and really many loopholes and gaps left by competing flaws, I initially thought Utrust was complementing, but now I see that it is reinventing the segment and scaring its competitors by the solidity. Congratulations to the Team
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Affchain
Newbie
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Activity: 84
Merit: 0
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October 27, 2017, 09:54:16 PM |
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I look forward to the realization of Utrust, an open space to thrive and really many loopholes and gaps left by competing flaws, I initially thought Utrust was complementing, but now I see that it is reinventing the segment and scaring its competitors by the solidity. Congratulations to the Team Absolutely! I believe I said a while back that I would stop comparing UTRUST to PayPal because it wasn't doing them any justice. They are definitely reinventing the wheel here but making it more efficient and most importantly, safe. Or so they say. As with all of these ICOs they still have to prove themselves with actual product.
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toolucky98
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October 27, 2017, 10:12:48 PM |
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Can any one estimate when will UTRUST get into the exchange? Can't wait it to be there and make a huge impact! Investing in this ICO is worth it!!!
The ICO hasnt event started yet sir, be patient 
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lobat999
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October 27, 2017, 10:23:56 PM |
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this project is awesome , It' s like the global version Alipay . but look at the roadmap , the iOS and Android native APP will luanch on Q4 2018, I think the progress is very slow . It looks slow maybe but it's better to give long date to false promises. If they announce Q4 2018 and deliver it on time investors would be thankful. Yeah. The platform needs enough time for testing in order to eliminate major issues which might be encountered during the roll out phase.
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viljy
Legendary
Offline
Activity: 2338
Merit: 1706
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October 27, 2017, 11:49:50 PM |
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It's 850Mil Token project, for me ICO prices those days look very expensive/overpriced calculated to profit creators not owners. I remember, investing 200$ in 2015 in NAV coin could bring you 70K profit in 2017 on peak, what I mean is Total Token supply of NAV was 61Mil and it took 3 years to reach 2$. For 200$ you could buy approx. 33K coins, that you could easy sell for 1$ = 33.000 $ now uTrust cost 0.065c and you need around 250.000 at least to have profit = 16.250$ this is just example how hard became to invest in crypto since cold calculated ISO took pace instead coins.
I strongly agree with you but here supply will decrease overtime because Utrust team will buy tokens from market and burn them, using a percentage of the platform's fees It is %90 percent in 20 years actually. They will burn %90 of the tokens in 20 years. It's a very long-term but a good vision. At least they won't burn them all 19 years later, they will burn each year 50 million of it. First-year even market cap comes %5 negative your token price will be same. We will burn a MAX of 50 million each year. So the fastest possible time it can reach the min cap of 100 million is about 18 years. It could take longer It's good that the tokens will be burned. This deflation will support the price of the tokens. Well, in the process of project development it is possible that the price of tokens will also increase. This will depend on the work of the developers.
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coinz101
Newbie
Offline
Activity: 15
Merit: 0
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October 28, 2017, 12:00:27 AM |
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I'm a subscriber of hacked and they are far the best ones analyzing icos as they are imparcial..they gave the highest score that I have seen last months to utrust..they really love the project and have solid views
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magisterr
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October 28, 2017, 12:36:20 AM |
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That is correct! We are aiming to have some merchants implement UTRUST by the end of the year to slowly scale up our platform. You already have arragements wih some merchants? I understand correctly? Its a big merchants?  As far as I know the beta platform won't be released next year. So it would be doubtful to have already big merchants onboard. We are actually onboarding the first merchants in the end of December 2018! Ahead of schedule! What do you mean with onboarding the first merchants? Will they have a working platform to pay on their sites with UTrust at the end of next year? I thought the first platform test for merchants is already planned for Q2 2018. I think this is a mistake, its mean in December 2017 may be.
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WFBuckley
Newbie
Offline
Activity: 20
Merit: 0
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October 28, 2017, 12:41:27 AM |
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I'm a subscriber of hacked and they are far the best ones analyzing icos as they are imparcial..they gave the highest score that I have seen last months to utrust..they really love the project and have solid views What is their track record when it comes to ICOs and crypto recommendations in general? Have they recommended anything that has performed really well? I'm interested in reading their analyses but I'd just like to know whether they are worth subscribing to.
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Rigorous
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October 28, 2017, 01:15:38 AM |
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The whitepaper states that the platform converts cryptocurrency into fiat and holds it in escrow until it is released to the seller. However, no information on the escrow feature is provided. -1
Hey, I am not the only one who noticed there are no details about the implementation of UTrust's escrow in the whitepaper. And it is their main feature. Only a -1 for that is generous in my opinion.
I'm happy to answer any questions, just let me know what exactly are interested in! 🎓 That is the thing. I do not want to have to ask. I would have liked the whitepaper to cover the escrow in more detail. I am talking about the technique, the various situations and limitations, the different types of escrow and protocols, and the liabilities and guarantees. If UTrust showed that they have at least thought about those aspects, they would have earned MyTrust.
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