Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.
by
p_zapplaran
on 14/11/2017, 12:18:29 UTC
you blind people

have you ever reasearched a bit? only 5 minutes into google and chill... compare products!

I've done research on UTrust and found confido ... utrust can't hold a candle to Confido.
First of all utrust basically just let a random person be third party escrow whereas Confido uses a smart contract as escrow. It's also trying to raise over 50 Million in its ICO (now reduced to 25Million)... In Q4 2017. Those UTrust guys are about 6 months too late to the greedy ICOs cap craze. Confido raised 375K.
Oh, and UTrust has a 43% higher fee than Confido.
Finally, the tokens. There's just no point in UTrust tokens. In their whitepaper, they try to say they will be worth something one day because funds collected from UTrust will be used to buyback UTrust tokens from exchanges and burn them, so their value will go up over time...
...Ok, but why hold them in the first place? They want it to eventually be the token you use to transact on their service, as in - they want people to pay using UTrust tokens but we all know thats ridiculous. People want to pay in BTC, ETH, and XMR, not UTrust. Confido gives the tokens value even if no one ever uses them as payment on the platform because you get proportional dividends from the service fee. THATS the future of dApps - where you get passive benefits from holding the tokens.

and let us not forget the scam infos going round about Marc Brühwiler with companies in panama
https://www.beobachter.ch/finanzen/vermogensverwaltung-kapitalfehler-inbegriffen
i'm swiss, i know the story back then... and beobachter.ch is official, go check yourself

hope i opened your eyes.
but a coin has a bit of hype and everbody jumps right in