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1  Local / Alt Coins (India) / Re: Trestor Discussion - Scam? on: September 04, 2016, 09:04:25 AM
So, Trestor is a very different project. My parents, are a big fan of Trestor because across the city there are many places where you can pay via Trests and all these places will give you a 20% discount if you pay via trest.
 
Also, they live in Sector 43 where trestor cleaned garbage and created an organic farm.

https://youtu.be/evQCciUJ4LQ

Honestly, I cannot connect the dots as to why a blockchain startup would create organic farm. There are many unanswered questions which we should get answers of, maybe Trestor should answer them in this thread.

What I am certain of is they are not a scam and they should do a better job at explaining their business model to bitcoin community in India.
2  Local / Alt Coins (India) / Re: Trestor Discussion - Scam? on: September 04, 2016, 08:52:03 AM
Okay, so my friend met Saurabh Soni and other team members at Trestor Office in Chandigarh. The total number of people at that time in the office were around 15 - 17. There were 3 girls. They had a 3D Printer, not that it matters, it was a nice office setup. Nothing overly great. He could not meet Kunal as he was in Mumbai to meet investors. Apparently they are in the process of raising capital. They had one visitor from IIIT, New Delhi. Trestor is in talks with IIIT and some IITs to run their node and contribute to their network source code. Saurabh mentioned most of the stuff is on their website, I found the following link:

https://trestor.org/source

They are using a Ripple/Stellar like consensus mechanism. Trest is at 1 Rupee because as of right now Trestor is custodian of most of the Trests, Saurabh was clear that the price would begin to fluctuate, and markets will decide the price as more and more trests are out in the market.
3  Local / Alt Coins (India) / Re: Trestor Discussion on: August 07, 2016, 01:36:58 PM
My friend visited their office, took some pics and talked to their team. I asked my parents to download the app and use 'trests' at trestor merchants in Chandigarh. The overall feedback is good. Will share details tomorrow. My Sundays are working, Mondays are off.
4  Local / Alt Coins (India) / Re: Trestor Discussion on: May 24, 2016, 09:23:24 AM
I've asked one of my friend who also works in Chandigarh IT park area to visit Trestor's office address given on their website. LinkedIn search shows that 37 people work for them, some of them are part time. My friend told me that Chandigarh IT Park is hub of best IT companies in Chandigarh.

Read this article: http://digitalcreed.in/?p=3122

They are trying to increase the acceptance of their tokens via making people grow organic food or sharing content therefore growing the community, that explains why they spent money in Sector 43.

Trestor will definitely fail because the amount of money they are spending on community can never be recovered by hoping that people will accept trest. Good deeds does not mean good business. Nice try though.
5  Local / Alt Coins (India) / Re: Trestor Discussion on: May 24, 2016, 07:56:13 AM
@manav1112

If you are visiting them then please ask them my questions, also talk to their tech team, how good they are and who funds them. Where and how big is their office, click some pics if you can and share it with us.
6  Local / Alt Coins (India) / Re: Trestor Discussion on: May 24, 2016, 07:41:17 AM
Hello,

I visit bitcointalk forum every now and then, but this thread made me create an account so that I can post. My parents live in Sector 43 Chandigarh. Trestor has made some smart organic farm there, they have also made a media sharing wifi network in that community.

My question to Trestor is that you should first decide if you want to get into smart city business or cryptocurrency business. Why would you spend so much money giving free wifi and organic food to a community, who pays for BITS engineers, who is funding as I don't know of any VC funding Trestor. 

Why create a recyclable waste collector and water dispenser, are you in getting into Waste management business now.

Reference: http://www.thehindubusinessline.com/news/clean-drinking-water-from-a-hitech-waste-bin/article8447548.ece

None of this makes any sense whatsoever.
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