why should i choose confido and not utrust?
i've done my research and know a few points
but what's your opinion? tell me
From BECAUSEYOUDBEINJAIL in a reddit thread....
I've done research on both and UTrust can't hold a candle to Confido. First of all they basically just let a random person be third party escrow whereas Confido uses a smart contract as escrow. Its 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.