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Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.
scam icos don't ask you nothing..they just accept your money and run...utrust ico is the most legally rigorous ico I have seen ever, they ask a bunch of documents and only 70 countries can participate with and participants have to do kyc and aml...also they have a bunch of legal firms as partner as you can see on the home page..they are not messing around when it comes to legalities and thats why I love it even more
Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.
Does anyone have a link to utrust's smart contract code? I couldn't find it on their website.
Good question
Nothing in here. https://github.com/utrustdev
I cannot believe no one brought this lack of smart contract source code up in the past 330 pages. Including myself
It is interesting then how the tokens were added to the exchanges if there is no smart contract ...
they have it and they announced exchanges. they don't need to have it on github and opensourse it
Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.
For anyone who missed these article before :
1- https://medium.com/@cointrackr/utrust-8e814a2dbedb (There are some comparisons with other projects)
2- https://hacked.com/ico-analysis-utrust/ (ICO analysis, there is a comparison table with paypal and bitpay)
3- https://smarticoinvestor.com/utrust-ico/ (Utrust payment system, how it works and some explanations about utrust token)
Get more information about this project.
1- https://medium.com/@cointrackr/utrust-8e814a2dbedb (There are some comparisons with other projects)
2- https://hacked.com/ico-analysis-utrust/ (ICO analysis, there is a comparison table with paypal and bitpay)
3- https://smarticoinvestor.com/utrust-ico/ (Utrust payment system, how it works and some explanations about utrust token)
Get more information about this project.
Well these are good articles, I would call them overview. Although one of them describes in some detail how the UTRUST payment system will work. I'm wondering how the ICO will go. Quite a lot of hype around the project, will it affect the popularity? Now in connection with the upcoming BTC fork is not a very good time to sell tokens.
This articles cover major aspects of utrust. They are detailed and well structured.
Hacked gave 1/10 to worldcore and 7/10 to utrust..they rarely give more than a 5 in major icos..smarticoinvestor is on my reading list and they are quite methodic in their reviews
Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.
https://hacked.com/ico-analysis-utrust/ check this analysis out for UTRUST by third party. interesting
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
Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.
Hi all,
After superficially exploring (read-only) crypto in recent months UTRUST seems to finally be a product with tangible real-world value to it. With my interest at peak I spent time reading parts of the whitepaper and it raises questions. For starters:
If both parties do not come to terms in 7 days, the buyer has the option to escalate the claim to a mediator. In this instance, a UTRUST operator joins the chat resolution and serve as mediator and arbitrator with final say on the dispute outcome. Proceeding with an escalation will incur a fee of 2% over the amount in hold if a buyer refund is issued by the UTRUST mediator.
What I understand is that the buyer is penalized even if innocent. Is it my level of English or intelligence?
After superficially exploring (read-only) crypto in recent months UTRUST seems to finally be a product with tangible real-world value to it. With my interest at peak I spent time reading parts of the whitepaper and it raises questions. For starters:
If both parties do not come to terms in 7 days, the buyer has the option to escalate the claim to a mediator. In this instance, a UTRUST operator joins the chat resolution and serve as mediator and arbitrator with final say on the dispute outcome. Proceeding with an escalation will incur a fee of 2% over the amount in hold if a buyer refund is issued by the UTRUST mediator.
What I understand is that the buyer is penalized even if innocent. Is it my level of English or intelligence?
It is customary to take payment for arbitration. If the parties can not agree on their own, let them bear the costs of third party participation. Also it will prevent a huge avalanche of such proceedings, which otherwise will overwhelm UTRUST with extra work. However, this system is not ideal, as I wrote earlier here, there is no absolute protection from scammers. Therefore it is unrealistic to expect from UTRUST full protection against fraud. But what they can foresee, they will do.
I see it like an insurance for your car..In this case you only pay the insurance if your car is stolen..Its a very smart model and this way they can keep the fees for all the transactions really low..
paypal askes 3,5% plus other fees most likely because they ask this insurance fee to everyone that pays..you just pay the insurance, period! regardless if your car is stolen or not..
Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.
In my eyes, the brief of Mr Nuno Correia means nothing, who is this guy?
Everybody can say this.
Quote
An early cryptocurrency investor, deeply involved in crypto markets and community since early 2011 and successfully co-founded several B2C ventures.
Everybody can say this.
He is probably a normal guy that saw a problem and had a good idea to solve it.
He always answers on telegram and slack and he really knows what he is talking about in a lot of detail. That gives me the confidence I need. If you want a team with zero developers and no software engineers but with celebrities or a CEO that has linkedin full of crap and can't answer simple questions the community has this project is not for you.
One thing that makes a huge diference for me is a CEO that replies to all technical questions that are made in detail.
If you talk with him you will understand what I'm saying.
Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.
More than a 100pages, the hype is insane right now
ICO date is going to be announced tomorrow
ICO date is going to be announced tomorrow
They will announce it in the first week of October not tomorrow.
Re: [ANN] [ICO] MONETHA - Decentralised reputation with built-in payments
Then another question:
Is that Nuno message real or not?
Of course its FAKE. Do you think a Nuno as CEO would post this kind of garbage on the official channel of utrust? That screenshot is FAKE and its simple to prove for someone that uses slack on daily basis. On slack it should say ----Today---- above the message and not -----Monday 25 September----- since the screenshot was 'taken'(FAKE) at 12pm from today. 100% fake propaganda. now they are spreading fud about utrust and don't even know how to do a fake image. pump/dump groups targeted monetha today
ps: if you follow utrust daily as I do you will understand that they don't care about monetha and they even said multiple times its a decent project. everyone is concerned about what is the best project instead of realizing they are totally different.
Re: [ANN] [ICO] MONETHA - Decentralised reputation with built-in payments
UTRUST part of the FUD --> Many users report the CEO advising members to spread fud against Monetha, user captured screenshot below
https://i.imgur.com/DdHaRaT.png
https://i.imgur.com/DdHaRaT.png
that screenshot is FAKE and its simple to prove it for someone that uses slack on daily basis. On slack it should say ----Today---- above the message and not -----Monday 25 September----- since the screenshot was 'taken'(FAKE) at 12pm from today. now they are spreading fud about utrust and don't even know how to do a fake image. pump/dump groups targeted monetha today
Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.
Actually, thanks to the blockchain, utrust can charge lower fees than Paypal, paypal can't lower their fees if they are not in the blockchain, so for now, utrus wins, though there are other services that charge lower fees than paypal, like pajeer and okPay, they even accept BTC and Etereum.
[/quote]
well the services you mentioned don't do direct conversion to fiat to protect sellers from volatility and don't have buyer protection...they are useless..utrust takes everything to a superior level..paypal has contracts with major banks so they can't just turn to blockchain and they have the credit card fraud dilema..I have invested in a couple of icos and always made money..utrust is the one that I feel that has so much potential..I'm going big
Re: [ANN] [ICO] MONETHA - Decentralised reputation with built-in payments
So many people asking so here you go. My personal review of Monetha vs UTRUST:
The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background
Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary
Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%
Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesnt exist. Can be easily used by merchants and private sellers alike.
Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.
Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.
-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.
If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.
The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background
Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary
Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%
Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesnt exist. Can be easily used by merchants and private sellers alike.
Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.
Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.
-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.
If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.
Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.
So many people asking so here you go. My personal review of Monetha vs UTRUST:
The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background
Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary
Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%
Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesnt exist. Can be easily used by merchants and private sellers alike.
Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.
Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.
-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.
If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.
The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background
Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary
Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%
Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesnt exist. Can be easily used by merchants and private sellers alike.
Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.
Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.
-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.
If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.
Re: [ANN] [ICO] MONETHA - Decentralised reputation with built-in payments
So many people asking so here you go. My personal review of Monetha vs UTRUST
https://www.monetha.io
https://www.utrust.io
The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background
Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary
Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%
Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesnt exist. Can be easily used by merchants and private sellers alike.
Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.
Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.
-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.
If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.
https://www.monetha.io
https://www.utrust.io
The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background
Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary
Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%
Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesnt exist. Can be easily used by merchants and private sellers alike.
Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.
Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.
-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.
If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.
It's your first post with this handle and btw named the people that asked for you bias view. Quoting so you can't later changed/edit your post.
I'm not new. I read and I see. Now I wrote. And I probably do more money than you sleeping.
Re: [ANN] [ICO] MONETHA - Decentralised reputation with built-in payments
So many people asking so here you go. My personal review of Monetha vs UTRUST
https://www.monetha.io
https://www.utrust.io
The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background
Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary
Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%
Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesnt exist. Can be easily used by merchants and private sellers alike.
Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.
Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.
-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.
If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.
https://www.monetha.io
https://www.utrust.io
The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background
Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary
Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%
Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesnt exist. Can be easily used by merchants and private sellers alike.
Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.
Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.
-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.
If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.
Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.
So many people asking so here you go. My personal review of Monetha vs UTRUST:
The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background
Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary
Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%
Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesnt exist. Can be easily used by merchants and private sellers alike.
Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.
Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.
-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.
If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.
The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background
Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary
Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%
Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesnt exist. Can be easily used by merchants and private sellers alike.
Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.
Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.
-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.
If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.