[ANN][PRESALE][TRU] TRU REPUTATION NETWORK: Decentralized Proof Of Reputation 🚀

[Pivooooo]

The Tru Reputation Protocol allows you to establish and persists your reputation across digital ecosystems - from Web 2.0 platforms to Web3 distributed platforms- by interlinking transactions to the participants and enabling feedback on those transactions. Moreover, the Tru Reputation Protocol establishes an economic model around Reputation by rewarding contributions and charging for consumption ensuring all parties involved in the transaction are incentivised for providing feedback whilst ensuring value is derived from those who consume the reputation data from the Tru Reputation Network. You get paid to contribute, those wanting to read the data pay for it. Reputation. Redefined. Do you work only with blockchain Ethereum?

[logosobscura]

Do you work only with blockchain Ethereum?

Hi- no, we work with pretty much any platform both on and off the chain. We're using Ethereum for the token economy, and for linking the encrypted data in IPFS to transactions (using Ethereum as a blockchain was intended- as a distributed ledger). In future could we migrate off Ethereum to another chain for that? Sure- we could move to EOS, etc- and the system would remain the same. Ethereum is just the validation engine, with the Oracle Service acting as the broker between any and all transactions and IPFS as the secure data store.

[vanish9]

Hey- so we actually think the post-CrowdSale price is pretty undervalued, and that's intentional to allow the market to grow rapidly. We've got an serviceable obtainable market of 3.6 Billion Transactions a Year, we've got a platform already on board that is targeting 500K users per month by the mid-2019 (Trubador), and we are actively talking to other platforms to have them onboard on day 1. Right now- we're looking at 50,000 users active on day 1, with a potential to grow that very rapidly and the network effects of the platform making it easier to platforms to on-board.

FYI, we've been working to the basis that 1000 TRU equals around 1,000 reviews- and based on the number of reviews people perform per year on average and the price paid by platforms for that data, that puts the price per 1,000 in the $4.00-$5.00 range initially and may well end up much higher depending on the quality/value of the data to the market.

Cool. Another question- what is the vesting period for the team?

[logosobscura]

Cool. Another question- what is the vesting period for the team?

3 years with a 1 year cliff, then 12.5% each quarter after that- that's is from the point of the award, and from existing Team & Founders that will be the end of the Crowd Sale + 14 days before the vesting clock starts counting down.

[vanish9]

And the advisors vest after the Crowd Sale right?

[logosobscura]

And the advisors vest after the Crowd Sale right?

14 days after the Crowd Sale. Pretty standard that Advisors don't have a full vesting period, but they also cannot transfer tokens before anyone else.

[Tokek_Belang]

hi dev this si t baguis with your solisi Tru Network Reputation is the first decentralization Proof of Reputation Platform



By utilizing the patent-pending algorithm, Tru Reputation Network eliminates the problem of fake reviews and feedback, and improves
balance of economic feedback - those who provide feedback, Platforms who wish to use the information, pay for its use.

[marineboss]

This is great news Ian, and thanks for sharing the updates on Tru Ltd ICO progress and the scores it achieved. It's definitely positive news to share. Do you need this shared on the Korean forum at all by any chance?

Good luck with the ICO, I hope you guys get the attention and crowdfunding target you deserve.

[logosobscura]

This is great news Ian, and thanks for sharing the updates on Tru Ltd ICO progress and the scores it achieved. It's definitely positive news to share. Do you need this shared on the Korean forum at all by any chance?

Good luck with the ICO, I hope you guys get the attention and crowdfunding target you deserve.

Thank you, and yeah, absolutely, sharing this in Korean forum would be great.

[logosobscura]

We've had the Semantic Terms Feedback Patent provisionally valued- and the news is pretty awesome, so I wanted to share it in a quick update.

Before I give the value, a bit of context: Patent valuations have a few methods for calculating the value over the patents lifetime as they provide 20 years of monopoly on the system in use (and the way the patent is constructed, essentially bars anyone from using a system of feedback derived from the more natural semantic language methodology given the claims made and the system design). In our case, we've used the income-based method for valuation (Discounted Cash Flow)- and that leads to a range.

So, the valuation range is: $180 Million USD to $320 Million USD based on current market opportunity as value over the course of its lifetime. Again this is provisional, and was calculated as we talk to several VCs, but I wanted to share it given it's wide ranging effect.

I've certainly had worse news on a Saturday morning.

[kianenko76]

Week: 04.02-10.02

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[logosobscura]

Want to see the Tru Reputation Protocol in action?

This is how easy to use the feedback system is (taken from Trubador's implementation):



And that feedback provides this easy and powerful capability for searching based on reputation:

Longer GIF Showing Searching Using Semantic Terms

[logosobscura]

Hello Tru Reputation Network team,

I’ll be happy to see you on Skatt listing platform!
You will be able to register for free and show your project to the world.
Information about our platform on BitcoinTalk.

Good luck with your ICO guys!

Thanks - good luck with Skatt.

[logosobscura]

For our Korean visitors, there is now a Korean Announcement thread/한국어 ANN 스레드

[robynmario]

This is my first great campaign. I like the idea and the professionalism from TRU. I am watching the growth of TRU's pre-sale process. I will continue to work hard and be responsible for my signature.
Thank you and good luck.
My position is 22 in spreadsheet.

[logosobscura]

Updates:

Video: The Tru Reputation Network Explained

New Blog: The State of Reputation, Part 2

Blog: The Tru Reputation Protocol In Action

Blog: The State of Reputation, Part 1

Updated Listing: We have been added to ICOBench and scored 4.8/5.0!

Listing: We have been added as a Curated Listing to Smith & Crown!

Listing: We have been added to CoinSchedule

Listing: We have been added to TrackICO and scored 5/5!

Listing: We have been added to FoundICO and scored a 9.6/10!

Listing: We have been added to ZLoadr

Listing: We have been added to ICOHolder.

Listing: We have been added to Coinhills!


Company Update:

We're pleased to announce that two new hires have joined our team, they are:

Elizabeth Silva, Project Engineer

Michael Conway, Project Engineer

More news coming soon!

[trofim21]

I want to express my opinion), why the company will be successful. It started back in 2015, and it shows that the project is under development for a long time, and the team with experience, as well as the fact that the potential in the chain of blocks is a very necessary thing, I wish you success, we "Look , how you will move and, possibly, even buy your coins)

[icohunter1024]

Hi everybody! How much is the presale volume? And when is this project start Public sale Token?

[Ciidoctor]

Arabic Translation Reservation
Username:ciidoctor
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Wallet:
0x46b0B1Dab0C335792fAEc2614974b05f3cd65197
Email ciidoctor@gmail.com

[JainaVsUther]

What happened to this project?