[ANN] [TRST] WeTrust - For the People, By the People!

[Ano]

I agree. The reason many investors bought TRST during the ICO is because they believe the TRST token will be an integral part of the WeTrust system. If you take out the utility of TRST, you're just scamming the investors. It will be clear it's a moneygrab and may I remind you the US SEC knows this. Make it useful or face refunds, enforced by the SEC.

I bought this token because of Vitalik he is in advisory board but this turned into horrible experience for me. Till now there is no good demand for this token and it is still moving with same poor support and it is hard to predict what future will bring?

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[Japinat]

I agree. The reason many investors bought TRST during the ICO is because they believe the TRST token will be an integral part of the WeTrust system. If you take out the utility of TRST, you're just scamming the investors. It will be clear it's a moneygrab and may I remind you the US SEC knows this. Make it useful or face refunds, enforced by the SEC.

I bought this token because of Vitalik he is in advisory board but this turned into horrible experience for me. Till now there is no good demand for this token and it is still moving with same poor support and it is hard to predict what future will bring?

We got hyped, that time most coins are really doing well but this coin is the less performer of the coins I've invested.
During the bull run, I didn't get a satisfaction with holding this, and until the time the bull is gone price continued to went down.

It will be hard for this to recover I believe.

[cryptospreader]

so Liqui has been closed, one of two exchanges the token you made worthless was traded on, are you going to do something about that?

I also feel that this token is of no use now.Some exchanges have excluded it, indicating that it has not developed very well.It seems that the team has given up on it.

We have not given up on the token , our main goal is to get use case for the token and then bring more liquidity to it.

Our team is still working and I can assure you we have not given up on this project.

[andersen1111]

so Liqui has been closed, one of two exchanges the token you made worthless was traded on, are you going to do something about that?

I also feel that this token is of no use now.Some exchanges have excluded it, indicating that it has not developed very well.It seems that the team has given up on it.

We have not given up on the token , our main goal is to get use case for the token and then bring more liquidity to it.

Our team is still working and I can assure you we have not given up on this project.

Thank you so much for continuing to work. We believe in you and in the project. The fact that you work hard can be clearly seen on the githab.

[Laskoo]

so Liqui has been closed, one of two exchanges the token you made worthless was traded on, are you going to do something about that?

I also feel that this token is of no use now.Some exchanges have excluded it, indicating that it has not developed very well.It seems that the team has given up on it.

We have not given up on the token , our main goal is to get use case for the token and then bring more liquidity to it.

Our team is still working and I can assure you we have not given up on this project.

Thank you so much for continuing to work. We believe in you and in the project. The fact that you work hard can be clearly seen on the githab.

I agree with you. We as investors/buyers do appreciate that someone from inside the project is keeping us posted about the development of the project.

`our main goal is to get use case for the token` this is the best thing to do in order to grow the value of TRST tokens. Hope you'll be succesful! Keep up!

[dzarmush]

Although the team is trying to make it look like they're working on something it's most likely that it is just another scam ICO. Just slow exit one. We've summed up some facts about their fraud, if you could share it with news websites such as Coindesk and journalists start asking questions the team will eventually decide to spend some money on development and make TRST usable in their products which would cause its price growth. We've got Telegram group everyone is welcome to join https://t.me/joinchat/F0J7uxYM8w3KC04sVMq_gg


Here are some facts:
• They raised $5M in ETH and in addition reserved 10% of the TRST tokens to themselves. At the peak of the bubble their crypto stash from the ICO would've been worth around $70M. At today's prices they should have at least $10M left.
• Despite that they say they are experiencing financial difficulties.
• The team refuses to show financial details to TRST investors.

As for the development:
• The only "product" they made is a web page, directory of charities, and a donate button for each of them: https://spring.wetrust.io
• TRST token functionality has still not been developed.
• More of that TRST token itself never meant to have any functionality inside the product although during ICO they called it fuel, but since it is not ever consumed, using the term "fuel" to describe the token was incredibly misleading.
• The team did not follow their roadmap released in 2018 https://blog.wetrust.io/the-road-ahead-for-wetrust-f53e8ca898df
• Around ICO time they had some dispute with one of the founders, Ron Merom, with whom they still have a lawsuit until this day. No further details are known.
• They ban users in their Telegram group for asking inconvenient questions.
• Their updates are so vague and corporate speak is in almost every message about their "mission for financial inclusion" etc etc. But no actual details or development plans.

[Laskoo]

Although the team is trying to make it look like they're working on something it's most likely that it is just another scam ICO. Just slow exit one. We've summed up some facts about their fraud, if you could share it with news websites such as Coindesk and journalists start asking questions the team will eventually decide to spend some money on development and make TRST usable in their products which would cause its price growth. We've got Telegram group everyone is welcome to join https://t.me/joinchat/F0J7uxYM8w3KC04sVMq_gg


Here are some facts:
• They raised $5M in ETH and in addition reserved 10% of the TRST tokens to themselves. At the peak of the bubble their crypto stash from the ICO would've been worth around $70M. At today's prices they should have at least $10M left.
• Despite that they say they are experiencing financial difficulties.
• The team refuses to show financial details to TRST investors.

As for the development:
• The only "product" they made is a web page, directory of charities, and a donate button for each of them: https://spring.wetrust.io
• TRST token functionality has still not been developed.
• More of that TRST token itself never meant to have any functionality inside the product although during ICO they called it fuel, but since it is not ever consumed, using the term "fuel" to describe the token was incredibly misleading.
• The team did not follow their roadmap released in 2018 https://blog.wetrust.io/the-road-ahead-for-wetrust-f53e8ca898df
• Around ICO time they had some dispute with one of the founders, Ron Merom, with whom they still have a lawsuit until this day. No further details are known.
• They ban users in their Telegram group for asking inconvenient questions.
• Their updates are so vague and corporate speak is in almost every message about their "mission for financial inclusion" etc etc. But no actual details or development plans.

Thanks for the detailed fact that you exposed up there!

I have to agree with you on some facts, indeed they raised a lot of money and they should cash out some back in the days, if they experience financial issues in this bear market is their fault as they didn't know how to manage the funds raised in their ICO.

Anyway even if they have held the funds raised, as you said, they should have enough funds to continue the development of their product/s. This is not an excuse.

Regarding the roadmap targets, I don't care about it too much, many projects out there miss their deadlines too often so I won't have many expectations (regarding deadlines) from any roadmap out there.

About the dispute between founders, I didn't know, but this is a bad thing for the project, looking at Tezos for example.

In conclusion I would give them the "not guilty" verdict until they will prove something else, slow exit scam, as you called it.

P.S. I don't take their side, but I don't like to hit a man down. Time will always tell...

[dzarmush]

Well, they've got millions of dollars and the only thing they did in two years is a lousy web page: https://spring.wetrust.io
It's a one day job for a modest specialist.

They don't have any new roadmap instead of the one they abandoned and no clear intentions of making TRST token valuable within any upcoming products. Unless they do it TRST price stay at zero forever. Which basically would mean they took ICO money and didn't give to investors anything in return except useless tokens.

I'd very much like their scam become public and they start developing products and making TRST token meaningful. Since they are not anonymous it might actually work. They can't just hide with the money because of probable lawsuit. They'd have to cut the bullshit with their "TRST is not an investment" and do something to push it to new exchanges and make it worth something.

[dzarmush]

It looks like they've also made TLC https://tlc.wetrust.io but I can't find any info about it except for an old youtube presentation of the idea. If they did achieve something where's all the fuzz around it, marketing and stuff? Why TRST token isn't a vital part of the product?

[iamcryptoman]

It looks like they've also made TLC https://tlc.wetrust.io but I can't find any info about it except for an old youtube presentation of the idea. If they did achieve something where's all the fuzz around it, marketing and stuff? Why TRST token isn't a vital part of the product?

The TLC wasn't gaining as much attraction as we all hoped. Possibly in the future once crypto is more adopted the TLC will become used more. They decided to build Spring instead. I think Spring has way more potential to become adopted in the current crypto space compared to the TLC. I think it was the right move to switch focus to Spring and spend money on that instead. Do you really think they're scamming out? In all honesty, I think they're 100% focused on building. I mean compare their Github to others. They have a lot of development going on daily. If it was a scam, their github wouldn't be active.

Anyways they just released Blockform which is geared towards helping developers: https://bitcoinexchangeguide.com/wetrust-launches-new-blockform-tool-to-allow-deploying-and-managing-ethereum-eth-nodes/

As for TRST uses, it's in development: https://github.com/WeTrustPlatform

Once it's ready to go, I'd imagine you still wouldn't be happy. Just my thoughts.

[andersen1111]

It looks like they've also made TLC https://tlc.wetrust.io but I can't find any info about it except for an old youtube presentation of the idea. If they did achieve something where's all the fuzz around it, marketing and stuff? Why TRST token isn't a vital part of the product?

The TLC wasn't gaining as much attraction as we all hoped. Possibly in the future once crypto is more adopted the TLC will become used more. They decided to build Spring instead. I think Spring has way more potential to become adopted in the current crypto space compared to the TLC. I think it was the right move to switch focus to Spring and spend money on that instead. Do you really think they're scamming out? In all honesty, I think they're 100% focused on building. I mean compare their Github to others. They have a lot of development going on daily. If it was a scam, their github wouldn't be active.

Anyways they just released Blockform which is geared towards helping developers: https://bitcoinexchangeguide.com/wetrust-launches-new-blockform-tool-to-allow-deploying-and-managing-ethereum-eth-nodes/

As for TRST uses, it's in development: https://github.com/WeTrustPlatform

Once it's ready to go, I'd imagine you still wouldn't be happy. Just my thoughts.

soon the project will launch the tcr it will be another big thing that the team will do. we wish good luck to the team and success in your work

[cryptospreader]

It looks like they've also made TLC https://tlc.wetrust.io but I can't find any info about it except for an old youtube presentation of the idea. If they did achieve something where's all the fuzz around it, marketing and stuff? Why TRST token isn't a vital part of the product?

The TLC wasn't gaining as much attraction as we all hoped. Possibly in the future once crypto is more adopted the TLC will become used more. They decided to build Spring instead. I think Spring has way more potential to become adopted in the current crypto space compared to the TLC. I think it was the right move to switch focus to Spring and spend money on that instead. Do you really think they're scamming out? In all honesty, I think they're 100% focused on building. I mean compare their Github to others. They have a lot of development going on daily. If it was a scam, their github wouldn't be active.

Anyways they just released Blockform which is geared towards helping developers: https://bitcoinexchangeguide.com/wetrust-launches-new-blockform-tool-to-allow-deploying-and-managing-ethereum-eth-nodes/

As for TRST uses, it's in development: https://github.com/WeTrustPlatform

Once it's ready to go, I'd imagine you still wouldn't be happy. Just my thoughts.

soon the project will launch the tcr it will be another big thing that the team will do. we wish good luck to the team and success in your work

Thank you!

[mikol55]

Can the TRST team answer to the allegations in the medium article criticizing you?

[To the point]

I follow there telegram, and I have to say that Eli is a prick. Patrick is a long way up his own dirt box. There intention was to fuck over everybody. As for the other two wankers, george ang Ndlov . Fuck them.

Lots of stealing going in there I'm  lead to believe from a former employee that I'm friends with.

Sorry guys we all got fucked.

[To the point]

Can the TRST team answer to the allegations in the medium article criticizing you?

Excellent article, I will forward to marketwatch.

[dzarmush]

You, damn scammers. TLC, Spring or TCR shouldn't even be able to work without TRST token! That is the only way to make it worth something.

[khalidxpert]

is this a masternode coin ?

[Laskoo]

is this a masternode coin ?

No is not, since TRST is an ERC20 token. But..

The team is working on a staking mechanism to allow TRST token holders to participate in Spring they said in here: https://bitcointalk.org/index.php?topic=1773367.msg49247129#msg49247129

[Japinat]

is this a masternode coin ?

No is not, since TRST is an ERC20 token. But..

The team is working on a staking mechanism to allow TRST token holders to participate in Spring they said in here: https://bitcointalk.org/index.php?topic=1773367.msg49247129#msg49247129

This could be a great progress as if they will not choose to change, they cannot expect a growth.
It has lost its value a lot, and what we are seeing now in the market is not that accurate as it's lost its liquidity also.

[PuraPuraBego]

Can the TRST team answer to the allegations in the medium article criticizing you?

Excellent article, I will forward to marketwatch.

Excellent article! So you are supporting the criticise? I do not think you are supporting the project which we can see base on your this post.