Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.
by
Korsakopf
on 29/10/2017, 13:58:56 UTC
In here there is another article, more like a review i found quite interesting to read, its quite a detailed analysis and comparison between UTRUST and other similar systems https://smarticoinvestor.com/utrust-ico/ 

If you dont have time to read it or you are too lazy to do it here is a shor recap:

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. I had a really great interview with Nuno, he was very, very open about the project and answered all of my questions. I think the project actually has merit because of it’s applicability in the space. While I may wish that the token would have more use, its not a traditional ecosystem to have a token. I’m extremely interested to see how their token sale goes and will probably be taking part.

I wonder what he want's more for token use then the current state? I mean as UTrust is a payment platform and you can minimize your fees with it, what else would make sense for the token?
People got crazy on dividends tokens lately when TaaS showed the first dividend and Coss give dividends every sunday. Maybe he wanted dividends for Utrust but there's no reason for that

Well dividends are nice, but nothing which would be useful here as the transaction fees are really low and there will be not so much money generated. I think dividends is something more for exchanges or so.

While Utrust doesn't have dividends, they do burn tokens. Looking at some other crypto that burn tokens it doesn't always seem to have a direct effect of a price increase. But Utrust does the token burn more gradually instead of in bulk like FUN or BNB. So it will have a positive effect on the price.