[ANN] $TRUSD an elestic yet stable digital asset

[TrustUSD]

WEBSITE | WHITEPAPER | TELEGRAM GROUP | TELEGRAM CHANNEL | FACEBOOK | TWITTER | LINKEDIN | MEDIUM

[1714003400]

1714003400

[notblox1]

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This looks like a scam to me and clone copy of TrueUSD token.
Just few guys that wrote a bunch of random words and tweaked words and a logo.

[J.tess]

Great project. looking forward to a alternative in the stable coin market

[iotclassic]

I am really excited about seeing where this project goes soon. I am an active investor on CatEx and this token gives me hope for the future of banking in the cryptocurrency space. Well done team!

[kdangerf]

https://i.imgur.com/VOr0A1p.jpg https://i.imgur.com/gu86sEQ.jpg

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original

https://i.imgur.com/lToHKz9.jpg

https://i.imgur.com/2IOP9U0.jpg

This looks like a scam to me and clone copy of TrueUSD token.
Just few guys that wrote a bunch of random words and tweaked words and a logo.

Hi! I am the Co-Founder and CEO of TrustUSD. We decided on the name TrustUSD because our goal is to build trust between us and the people we serve, and USD for our active price target. It's very unfair to judge something without understanding it first. Our logo isn't a copy of TrueUSD or Tether. Others have expressed the similarities between the logos and we are addressing this. You should take a look at SALT and BAT's logos. They are two totally different projects with somewhat of a similar logo. The point I'm trying to make is that logos mean different things to different people. I hope this helps you understand my point of view in regards to your comment. If you would like to speak to me directly, please feel free to message me on Telegram t.me/kdangerf. Thank you!

[khlandesr19]

its the only stable token which uses a unique strategy. what they called SPARTAN PROTOCOL. the circulating supply is adjusted every 48hrs to raise the price upto 1$.

please take time to check this transaction to the burn address

https://etherscan.io/token/0xDD436a0Dce9244B36599AE7b22f0373b4e33992d?a=0x0000000000000000000000000000000000000000

[mai2x]

#TrustUSD is a great project and has a stablecoin or token. And this will lead to a better future for those who #HOLD.

[juvieabal]

Their unique experiences led them to creating a global independent money protocol that boasts stability and wealth preservation capabilities that people from even the most corruption-prone regions of the world have a chance to hold an investment for their futures.
The project is great new to my ears also the team have goal to make the price go 1$. They are making it buy back all who dump there token. Must buy and hold wait for 1$

[vrh_rmt]

#TrustUSD is a unique project. Its supply is self adjusting to make it equlibrium to a 1$ target price. They do buyback of the token to make price stable and lowering the number of holder thereby preventing prices to dump. Hold #TrustUSD now and you won't regret. I do believe in the sincirity of the team to make this project a success.

[Ging05]

TrustUSD is a stable asset protected against inflation and market volatiltiy while also serving the world’s underbanked.

[barumbado]

#trustusd is a great and unique project.it is showing a lot of potential to be a Stable token.with their unique strategy i believe that this project will go far.

[ryzacute]

#TrustUSD is a great project and the whole team working  so hard just to make sure that the project  will become listed  in other exchange soon.  They also have new update and this is the burn and buyback. Buyback-and-burn programs support the growth and price stability of the token value once listed for secondary trading. And the demand for asset on exchange will be higher.  Buyback-and-burn incentivizes long-term growth investors to HODL the token, which further adds to the price stability of the asset. Surely the investors are waiting for this PROGRESS.

[Einnalem]

CONGRATS TO TRUSD TEAM

Huge pump for the last two days. Its just so awesome. Better fill your bags before this reach $1.   

[devillnj2.1]

congratulation TRUSD for rapid increases this past few days and congratulation again for saturn listing, I believe that other exchanger would love TRUSD to be listed in their respective platform.

[ryzacute]

I did'nt expect that #TrustUSD will grown that fast. Good thing I have Hodl and planning to buy more while the price are still low. This is a good project and I believe sooner #TRUSTD will reach the target price which is $1.

[ryzacute]

Congrats to #TrustUSD team and investors, to all TrustD hodlers. We will  soon reach the target price as all we can see tha rapid huge pump this past few days. We are not wrong that we choose TrustD, because this is realy a good project.

[RainbowBrite]

Congratulations to the TrustUSD Team!!!
This one is going to make it!

This idea is phenomenal, and the people who are backing it up are strong! Only a matter of time before this explodes.

[RobtheWannabeWhale]

https://i.imgur.com/VOr0A1p.jpg https://i.imgur.com/gu86sEQ.jpg

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https://i.imgur.com/lToHKz9.jpg

https://i.imgur.com/2IOP9U0.jpg

This looks like a scam to me and clone copy of TrueUSD token.
Just few guys that wrote a bunch of random words and tweaked words and a logo.

TRUSD is definitely no scam. I own some of the token, have witnessed the coin burns and followed the Etherscan transactions. The team is transparently reducing the supply as intended.

I've spoken to the CEO personally and understand the mechanism behind the project, it's an ingenious idea of a soft peg. Hard peg tokens like Paxos or TUSD are great and all but they rely firmly on a centralised authority. Tether, LOL Tether is the biggest weakness in the entire cryptocurrency space. As a soft pegged coin, DAI is awesome but still relies on the underlying collateralised value of ETH in order to function. TrustUSD requires nothing but a protocol to increase and reduce the supply periodically in order to maintain the peg.

[Lord_Orion]

 Liking the token so far, been following on telegram and they let you know how much of TRUSD was contracted and bought back through there Spartan Protocol. I like the name of that its neat. But what is more awesome is there interest program they are rolling out. For locking down what I have for 4 months I can get .62% I'm glad I was able to get some before that pump recently. If it was a scam then the price would have plummeted back down to nothing by now. Especially after that amount it just went up.

 So that should let you know the Spartan Protocol is working as well as there being several other groups popping up to offer ways to earn TRUSD I know there is a telegram group to win some by being the high score on the games they have. Also know they have a nice telegram to even talk to the Dev Team. Somewhere is a Discord as well. So they are working on getting a nice social media presence. Just a simple search on Facebook lets me know they have a page. Most scam coins don't even talk to the community but this team likes to even get suggestions and if you have idea's that could be of some help you never know you could help this token become even better.

Just recently they even did a banner contest which was cool to see all the people with there own works of art. I look forward to seeing this token take off even more. Its not at its target price of 1$ which by then if you haven't got any to hold for the interest you could be missing out in a year or so. Maybe even sooner if it keeps pumping like it is. So we know its being invested in by someone.

[khlandesr19]

i bought at 12 sats last 2 weeks ago on catex.io

and now, price never gets lower than 200 sats.

i truly believe this will be worth 1$ soon

[charms03]

When i hear about this token (TRUSD) and get to know more about inside their telegram channel, i never hesitate to buy. I believe TRUSD will be worth it to hold. The team behind this project are working hard and they very legit.

[vrh_rmt]

I'm amazed by the way the team handle the project. I invested when the price is still at 15sats and currently at 230 sats now. I believe in team $TrustUSD goal of reaching the price to $1. with the help of the community the target price is achievable. I'll continue to support the project coz I believe in the objective of $TRUSD. Hopefully, the incentives program is successful to gain the trust of other investors and the target price is easy to achieve if more investors enter into this project. Wish us all luck and Happy holiday!!!

[barumbado]

Its so fortunate for me to be able to know this project.its a great investment.i know this project will be a success in no time.so hold on and invest.

[Lord_Orion]

Its kind of a no brainer. If someone said here have this its worth less than a penny, but in a little while it will be worth 100x more than it is now. I'd take that item put it in a safe and wait. Thats what the interest incentive is like, if you are lucky enough to get any now while its still reasonable. With just 2,000 TRUSD you can get interest just for holding on to it. Plus 2,000 tokens is cheap right now, its like less than 50$ investment and if you don't chicken out and sell your TRUSD can be worth at least 1$ each, making that 50$ turn into $2,000 and earn monthly interest on top of that.

Say you invested and got 2k tokens, if they are in your private wallet you get interest just for keeping them off exchange. Then each month you get more trusd deposited into your private wallet, several months of interest just building up. Then when its at target levels and stable you sell and make a mint. Not a bad way to make a nice profit. For the cost of a Video game you can invest and in a little while be able to buy a lot more than one video game.

Get in now while the price is still low enough for the little man to be able to get a piece of the pie. How many people hate that they could have gotten on the Bitcoin wagon when it was around 100$ a coin. Don't miss out again.

[jossiel]

I thought that this was the ANN of the True USD (TUSD) because looking at it for the very first time it made me think it was. The ticker looks the same and it can really mislead people. And the most post of the people here are coming from nowhere and obviously there is something.

I think everyone should read what notblox1 said on the first page.

[RainbowBrite]

You can have doubts, or you can do your research and actually understand how things work. Just because the original logo was similar means nothing. It has been changed recently, to curb confusion, FYI!!  Also, as for the ticker symbol, this is why it's important to pay attention to to what you type in, and what you are reading. TRUSD is different from anything else out there!!

Edit: spelling

[Lord_Orion]

https://i.imgur.com/VOr0A1p.jpg https://i.imgur.com/gu86sEQ.jpg

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original

https://i.imgur.com/lToHKz9.jpg

https://i.imgur.com/2IOP9U0.jpg

This looks like a scam to me and clone copy of TrueUSD token.
Just few guys that wrote a bunch of random words and tweaked words and a logo.

Well its true things look similar, but the good thing is that you pointing that out helps them more than you think. All new projects get a few things wrong at the start. Thats why you have upgrades and updates to the various coins and tokens out there. So thanks for letting them know that. Which im pretty certain they didn't know looked similar to Those other tokens. But from what I can see so far and from the information in the telegram channel they are working on updating the logo to something more unique. Its nice to be able to communicate with the Dev's behind the token which is nice change of pace seeing how you can't do that with Bitcoin. Heck a lot of people would love to just have a talk with Satoshi him or her self. But unlike Bitcoin you can do that with TRUSD devs. Heck good luck even trying to talk to anyone who  has made a token or coin without having to pay for a seminar or meeting.

[Einnalem]

This is definitely one project not to be missed. From 11 sats now on 200 up! Thats a huge change! Amazing isn't it? The team are doing a great job! Keep it up TrustUSD Team! Lets get this to $1!

[juvieabal]

Keep it up team trustUSD your harwork worth it.
This project have a great future  buy now hold in your erc20 wallet and earn interast. This is awesome 😍😍
Buy and hold wait till 1$ each😍😍😍
Good luck everyone.

[Dordunu Christian]

One of the best projects I have seen so far.. I have never regretted purchasing their token .. Go go moon TRUSD.

[hendra147]

[]https://i.imgur.com/VOr0A1p.jpg[/img] []https://i.imgur.com/gu86sEQ.jpg[/img]
vs

original

][]https://i.imgur.com/lToHKz9.jpg[/img]

[]https://i.imgur.com/2IOP9U0.jpg[/img]
This looks like a scam to me and clone copy of TrueUSD token.
Just few guys that wrote a bunch of random words and tweaked words and a logo.

Hi! I am the Co-Founder and CEO of TrustUSD. We decided on the name TrustUSD because our goal is to build trust between us and the people we serve, and USD for our active price target. It's very unfair to judge something without understanding it first. Our logo isn't a copy of TrueUSD or Tether. Others have expressed the similarities between the logos and we are addressing this. You should take a look at SALT and BAT's logos. They are two totally different projects with somewhat of a similar logo. The point I'm trying to make is that logos mean different things to different people. I hope this helps you understand my point of view in regards to your comment. If you would like to speak to me directly, please feel free to message me on Telegram t.me/kdangerf. Thank you!

new coin
same spirit as last stable coin
same feature as other stable coin
ICO
no backed by "real money" like other stalecoin
im never hear the team in bitcoin ecosystem  << (maybe fake team )

and the main feature is : "its just erc20"

[RobtheWannabeWhale]

new coin
same spirit as last stable coin
same feature as other stable coin
ICO
no backed by "real money" like other stalecoin
im never hear the team in bitcoin ecosystem  << (maybe fake team )

and the main feature is : "its just erc20"

I mean literally everything you're saying is untrue... why come just to troll and FUD? If you have genuine questions or concerns about the project then express your opinion by all means, but you've just come here spouting nonsense?

[RainbowBrite]

new coin
same spirit as last stable coin
same feature as other stable coin
ICO
no backed by "real money" like other stalecoin
im never hear the team in bitcoin ecosystem  << (maybe fake team )

and the main feature is : "its just erc20"

I mean literally everything you're saying is untrue... why come just to troll and FUD? If you have genuine questions or concerns about the project then express your opinion by all means, but you've just come here spouting nonsense?

Spreading FUD doesn't usually get paid per post, eh? Maybe you should DYOR and actually engage with the devs and then perhaps you will understand why SO MANY of us are actually behind this project!! ♥️

No stable coin has ever started out being stable, there are always wild swings in the beginning.  If I didn't truly believe in this, I could quietly take my profit and run, but I haven't. I have stayed to see what happens!

[Lord_Orion]

[]https://i.imgur.com/VOr0A1p.jpg[/img] []https://i.imgur.com/gu86sEQ.jpg[/img]
vs

original

][]https://i.imgur.com/lToHKz9.jpg[/img]

[]https://i.imgur.com/2IOP9U0.jpg[/img]
This looks like a scam to me and clone copy of TrueUSD token.
Just few guys that wrote a bunch of random words and tweaked words and a logo.

Hi! I am the Co-Founder and CEO of TrustUSD. We decided on the name TrustUSD because our goal is to build trust between us and the people we serve, and USD for our active price target. It's very unfair to judge something without understanding it first. Our logo isn't a copy of TrueUSD or Tether. Others have expressed the similarities between the logos and we are addressing this. You should take a look at SALT and BAT's logos. They are two totally different projects with somewhat of a similar logo. The point I'm trying to make is that logos mean different things to different people. I hope this helps you understand my point of view in regards to your comment. If you would like to speak to me directly, please feel free to message me on Telegram t.me/kdangerf. Thank you!

new coin
same spirit as last stable coin
same feature as other stable coin
ICO
no backed by "real money" like other stalecoin
im never hear the team in bitcoin ecosystem  << (maybe fake team )

and the main feature is : "its just erc20"

You do know that most other "stable coins" are also backed by big banks right? Thats why they are "stable" it has the backing of a centralized banking system. The difference between this token and those is its not backed by big banks. Banks which are for-profit companies. That make money by charging interest on loans, collecting account fees and reinvesting all that money to earn more profit. Where as TRUSD is like a Credit Union, Credit unions, on the other hand, are not-for-profit institutions. Technically, credit unions are owned by their account holders, known as members. Any profit earned by a credit union is either invested back into the organization or paid out to members as a dividend.

So to be so simplistic and spout not the same as others is a good thing, cause they aim to be a Stable Token held by the people and for the people rather than exploit the people and the money they hold. So, how about you talk with some intelligence and not some little kid in the crawl space of there aunty and uncles house.

[Lord_Orion]

TRUSD is looking good, might be a nice time to try to buy in. Don't think it will be getting any lower than it is already, unless someone just sells a ton of tokens out of no where. Don't know how much longer these prices will be here, I know I'm going to load up a little more and get a few more thousand for when the price is at 1$. Hopefully it wont take a year

[RainbowBrite]

Every morning I wake up, I have a nicer surprise than when I went to bed!! TRUSD is meeting and exceeding expectations every single day!!!! I've already 100x my investment, GET IN OR GET LEFT BEHIND!!!

[Lord_Orion]

Every morning I wake up, I have a nicer surprise than when I went to bed!! TRUSD is meeting and exceeding expectations every single day!!!! I've already 100x my investment, GET IN OR GET LEFT BEHIND!!!

Yeah that is nice, I was lucky to get in when it was lower under 10 sats. So I'm happy with my investment. Just have to wait for more people to get interested in this. Hopefully before it reaches it target. By then it would be to late.

[geometrystellar]

Odds are that the vast majority of us have encountered a dreary team more frequently than we've encountered an extraordinary one. The fitting response is straightforward. It is hard to discover groups that can possibly open genuine human potential, which TRUSD manifests. Those characteristics which comprises of hard work, solid sentiment of obligation, structure/clarity and responsibility. This project is genuinely exceptional. It began from the most reduced ground-- to nearly 5 cents, as of writing. The objective target for this project is $1. Thanks to the team of TRUSD for all of your hard work. Keep it up

[Einnalem]

TrustUSD is soaring high! Here we come $1  

TrustUSD now listed on Coinpaprika ❤️

[Lord_Orion]

TrustUSD is soaring high! Here we come $1  

TrustUSD now listed on Coinpaprika ❤️

Thats great news, I know they are working on getting on another exchange here soon as well. Good to hear that the project is ever growing.

[RainbowBrite]

Busting through that $1mil  Market Cap Value was AMAZING now on to our next goal!! If we can keep rolling through these milestones, we can accomplish ANYTHING!!!♥️🍀

[geometrystellar]

Arriving at incredible statures! Have recently noticed that TRUSD is listed on Coinpaprika, and soon will be listed on another exchange. TRUSD is unquestionably reaching more and move on a daily basis. There could be no better team with these advancements set in! Keep up the astounding work!

[Lord_Orion]

Coinkeeper  is voting on TRUSD https://coinkeeper.io/vote-58 head that way and check out the new exchange that will  be hosting TRUSD. Glad to see it growing and gaining more followers and support.

[geometrystellar]

TRUSD will be listed on Coinkeeper which launches on January 30, 2020. Glad to see the continued growth of the community and solidarity behind the project.

[Lord_Orion]

TRUSD will be listed on Coinkeeper which launches on January 30, 2020. Glad to see the continued growth of the community and solidarity behind the project.

Thats good, So by the end of this month there  will be a new exchange to get in on. I checked out the website, seems that this new exchange even has competitions and a few other things. Hopefully It will have better reliability unlike CatEX which got DDOSed recently and since then its just been getting worst.

[nutildah]

WARNING: SCAM PROJECT

This is a scam project that has plagiarized several elements of TrueUSD (TUSD) and USDCoin (USDC).

In addition, large parts of its white paper have been plagiarized from other sources. For example,

From the TrustUSD white paper:

To maintain price parity, algorithm-backed stable coins attempt to control their money supply
through monetary policy. They do this by expanding and contracting the available supply of coins on the
market. For example, if the price of a stable coin is too high, the stable coin protocol’s algorithm will
mint new units and introduce them into the market — increasing the supply until price parity. If the
price is too low, the algorithm will contract the supply until the price target is met.

From an article on thebitcoinpub written a year prior:

To maintain price parity, algorithm-backed stablecoins attempt to control their money supply through monetary policy. They do this by expanding and contracting the available supply of coins on the market. For example, if the price of a stablecoin is too high, the stablecoin protocol’s algorithm will mint new units and introduce them into the market — increasing the supply until price parity. If the price is too low, the algorithm will buy up the stablecoin on the market by selling bonds at a discount.

Its word-for-word plagiarism.

There are no details provided about how this project tends to increase the value of its tokens, just promises of "because it will go up in value." The team of newb shills constantly talking about how great this project is in such a cheesy fashion is also a dead giveaway of its non-authenticity.

This project is definitely a scam.

[tmfp]

Crossposting a couple of relevant observations regarding this "TrustUSD stablecoin" thing: the first shows plagiarism, the second shows links to another scam

"TrustUSD" (sic) appears to be a complete rip off of the late and unlamented Base/Basis nonsense stablecoin scheme, shorn of details of how the removal of the "bond" support* proposed there would be replaced, presumably by a unicorn smart contract.
*think how security offering attitudes have changed in the 2 1/2 years since.

That pile of unnecessarily complex garbage thinking, "bullshit baffles brains" was shilled by John Taylor of Taylor Rule fame, and a nearly Head of the Fed if Trump had had his way.
I note that the Dangermouse character behind this Trust (lol) thing likes to pose on Twitter in his MAGA hat.

Just a couple of examples of completely coincidental   similarities which abound between the $132,000,000 failure 2017/18 "Basis" scheme and the destined to fail 2020 "TrustUSD" copycat scheme.

For example, to start off, 1 TrustUSD token is established to target $1 USD. TrustUSD could potentially
even eclipse the dollar and be updated to peg to a consumer price index (CPI), similar to how central
banks hit inflation targets today. The TrustUSD protocol accomplishes this by algorithmically adjusting
the supply of TrustUSD tokens in response to changes in, for example, the TrustUSD exchange
rate. This implements a monetary policy similar to that is also executed by central banks around the
world, except we operate as a decentralized, protocol-enforced algorithm, without the need for direct
human judgment as opposed to traditional banking algorithms.

For example, to start off, 1 Basis can be pegged to always trade for 1 USD. In the future,
Basis could potentially even eclipse the dollar and be updated to peg to a consumer
price index (CPI) or basket of goods, similar to how central banks hit inflation targets
today. The Basis protocol accomplishes this by algorithmically adjusting the supply
of Basis tokens in response to changes in, for example, the Basis-USD exchange rate.
This implements a monetary policy similar to that executed by central banks around
the world, except it operates as a decentralized, protocol-enforced algorithm, without
the need for direct human judgment.. 

Measuring Exchange Rates with Oracle Systems
Since the price of TrustUSD in the markets is exogenous to the blockchain, the system must rely on a
decentralized or centralized price oracle to estimate the true exchange rate. There are multiple ways
oracle systems can be implemented into TrustUSD:
• Trusted Feed. This method is the simplest method that allows a source to upload real world
exchange rates from large trustworthy exchanges to a smart contract.
• Decentralized Delegation Feed. This method isn't 100% decentralized, but it allows holders
of TrustUSD tokens to vote on a select number of price-feed uploaders. This method also can
prevent price manipulation by allowing token holders to vote out users with bad intentions.

Measuring the Exchange Rate
First, we explain how the Basis blockchain obtains the Basis-USD exchange rate. Since
this information is external to the blockchain, the Basis protocol must implement
what is known as an oracle system, i.e., a system that uploads outside information to
a blockchain. This can be implemented in several ways:
• Trusted feed. The simplest approach is to have a single feed that uploads
the real-world exchange rate to the blockchain, say from Coinbase, Kraken, or
another large exchange. This is obviously a point of centralization, but it bears
mentioning nonetheless.
• Delegated decentralized feed. A semi-decentralized approach is to select a
small group of feed uploaders by vote from holders of Basis... If any bad actor is consistently identified as trying to corrupt the
feed, they can be voted out of the system by coin-holders ..

Ad nauseum..

One thing about this MAYA crap that mildly interested me was the role of The Crypto Analyst in their pretty basic PR approach.
Apart from various prnewswire type press releases, Dahlke never used much in the way of third party shilling for his scam (apart from clumsy occasional alt accounts), except for the You Tube channel of The Crypto Analyst.
There's nothing special about the other vids released there, pretty basic and inaccurate pseudo TA droned out like on many other worthless channels, but what TCA did also do was continually shill any U.K. Financial scheme going, MAPR, MAYA, DFS etc.
It had minimal views and zero value, but I wondered where it fitted into the overall narrative.

"The Crypto Analyst" is Brendan Viehman a know nothing kid who claims, like all know nothing kids, to be

an experienced blockchain and cryptocurrency consultant that has worked with the field since 2011 where I began my journey. 

.
From looking at him, in 2011 he would have been about nine.
Anyway, nothing special, just another chancer in a crypto world full of them, but....

So, what is a short description of Maya Preferred?
Let's go with
"A pretend stablecoin listed on Saturn and Catex: minimal, low quality trading and no reason to exist other than P&D."

Now let's look at Viehman's Linkedin again

I have worked with numerous companies and projects such as TrustUSD (TRUSD) Maya Preferred 223 (MAPR), Digital Fantasy Sports (DFS)

TrustUSD?
So, what is a short description of TrustUSD?
"A pretend stablecoin listed on Saturn and Catex: minimal, low quality trading and no reason to exist other than P&D."

TBC...

[kdangerf]

Hi, my name is Kalen Dangerfield. I'm the Co-founder and CEO of United Trust, the company operating TrustUSD. I'd like to go into the detail about our project, TrustUSD. I will have to start by saying, TrustUSD is NO SCAM. We have been very transparent with our practice, and you would know this if you took the time to join our lines of social media. Regarding the whitepaper, I will admit that I handled it the wrong way. We actually hired a group out of Singapore to create the whitepaper and your findings are news to us as well. Prior to seeing your comment, I had never read any of those tokens' whitepapers so the group that wrote our whitepaper will be dealt with accordingly. Our business model isn't currently being practiced anywhere, so to say it is plagiarized is simply false. We differ from the major stable assets by taking a decentralized approach to stablecoins as we know it. The mistake I made was telling the group to use popular stable asset whitepapers as references to find ways to explain details. I never would have signed off on a plagiarized whitepaper by any means. You mentioned an article from thebitcoinpub? I’ve never heard of that article. By your logic, all stablecoins are copying each other because they use the same business models, correct? You’re being extremely unfair with that claim. To my knowledge, we are only project with this business model that’s also actively trading on exchanges. Our business model is working and people see the value in it. I’d also like to address your claims about “paid shill accounts.” Those are real people who see the value in TRUSD, and it’s absurd for you to suggest that it’s all made up. I have better ways to spend my time then pretending to fool people. This token was designed to be a viable stable asset for people residing in underbanked regions of the world. I receive messages all the time from investors who are happy with the job that I am doing and their vision for the future of this project. I made a mistake and I am here addressing your concerns because they are certainly valid. Guilty people would flee. I am not. I’m here because I care about the people we serve and the people we will serve. I’d love to discuss this further with you on Telegram @kdangerf. I would hate for you to have a bad idea of who we are because of a whitepaper mistake. Many projects have the same problems. In the world of cryptocurrencies, it’s easy for words to sound similar unintentionally as well. I’m pleased to inform you that the necessary changes are being made. We are undergoing considerable growth as well. Users are currently participating in our interest incentive program which allows you to earn interest for holding tokens for 30, 60, 90, or 120 days. It’s really great. Especially since we are still in the beginning stages. There are more opportunities similar to that planned with more growth that we still receive because some people will see the ability for us to learn and grow.  The point I keep stressing is that I genuinely care about the people we serve and our investors who have been supporting us wholeheartedly. As far as discussing Brendan, that is personal slander and should not be tolerated on this website. He’s a very smart individual and offers great insight. Your claims are based on what exactly? None of us are perfect. The main thing that we’re doing here is righting our wrongs which is very important. As I mentioned before, I’d love to talk to you one-on-one and address any questions you might have. It’s not healthy to spread the FUD on here. This site is already extremely toxic for new projects, so why play into it? All we can do now is learn from our mistakes and be the best group of people we can be representing this project. I hope this response clears things up for you and anyone else with similar concerns.

[nutildah]

Oh brother. Do you have a fear of making new paragraphs or what?

Our business model isn't currently being practiced anywhere, so to say it is plagiarized is simply false. We differ from the major stable assets by taking a decentralized approach to stablecoins as we know it. The mistake I made was telling the group to use popular stable asset whitepapers as references to find ways to explain details.

If you differ from major stable assets why would you use their white papers to explain details of your project? Its not just the white paper, it was also your coin logo (recently changed), and name. You didn't know there was another Ethereum stablecoin called TrueUSD? Why make something that sounds so similar in name -- and then use a logo remarkably similar to theirs??

Additionally, the company that produced TrueUSD is called "TrustToken". You've basically ripped off TrueUSD in at least 4 different ways. The main difference is TrueUSD is regulated and backed by actual dollars whereas yours is unregulated and backed by nothing.

I never would have signed off on a plagiarized whitepaper by any means.

K, well, you did. You should have checked it for plagiarism. That's on you. It even says "written by Kalen Dangerfield" on the first page.

By your logic, all stablecoins are copying each other because they use the same business models, correct?

No, not correct. Most of the major stablecoins have different ways of arriving at what they do. Your coin is neither stable nor is it backed by anything, which indeed makes it unique in the field of stablecoins, yet the wording of your white paper still borrows heavily from those of pre-existing stablecoins.

I've taken a look at the smart contract for your token and it was made using an extremely simplistic ERC20 token generator. Therefore, the ability of your token to do what you say it does is 100% dependent on your word that you are going to do it. There's nothing advanced or interesting going on under the hood here -- its just another Ethereum token that was generated in 5 minutes.

I have better ways to spend my time then pretending to fool people.

We don't think that you do.

Many projects have the same problems. In the world of cryptocurrencies, it’s easy for words to sound similar unintentionally as well. I’m pleased to inform you that the necessary changes are being made. We are undergoing considerable growth as well.

The problem is that we've heard these excuses a million times before.

This site is already extremely toxic for new projects, so why play into it?

This site is like that for a reason: all scams fail and 95%+ of sincere projects also fail. Our combined experience tells us there's just no way that investing in this token is a good idea (I feel like I can safely speak for at least tmfp here) and we are here to point out the reasons why.

[Lord_Orion]

Hi, my name is Kalen Dangerfield. I'm the Co-founder and CEO of United Trust, the company operating TrustUSD. I'd like to go into the detail about our project, TrustUSD. I will have to start by saying, TrustUSD is NO SCAM. We have been very transparent with our practice, and you would know this if you took the time to join our lines of social media. Regarding the whitepaper, I will admit that I handled it the wrong way. We actually hired a group out of Singapore to create the whitepaper and your findings are news to us as well. Prior to seeing your comment, I had never read any of those tokens' whitepapers so the group that wrote our whitepaper will be dealt with accordingly. Our business model isn't currently being practiced anywhere, so to say it is plagiarized is simply false. We differ from the major stable assets by taking a decentralized approach to stablecoins as we know it. The mistake I made was telling the group to use popular stable asset whitepapers as references to find ways to explain details. I never would have signed off on a plagiarized whitepaper by any means. You mentioned an article from thebitcoinpub? I’ve never heard of that article. By your logic, all stablecoins are copying each other because they use the same business models, correct? You’re being extremely unfair with that claim. To my knowledge, we are only project with this business model that’s also actively trading on exchanges. Our business model is working and people see the value in it. I’d also like to address your claims about “paid shill accounts.” Those are real people who see the value in TRUSD, and it’s absurd for you to suggest that it’s all made up. I have better ways to spend my time then pretending to fool people. This token was designed to be a viable stable asset for people residing in underbanked regions of the world. I receive messages all the time from investors who are happy with the job that I am doing and their vision for the future of this project. I made a mistake and I am here addressing your concerns because they are certainly valid. Guilty people would flee. I am not. I’m here because I care about the people we serve and the people we will serve. I’d love to discuss this further with you on Telegram @kdangerf. I would hate for you to have a bad idea of who we are because of a whitepaper mistake. Many projects have the same problems. In the world of cryptocurrencies, it’s easy for words to sound similar unintentionally as well. I’m pleased to inform you that the necessary changes are being made. We are undergoing considerable growth as well. Users are currently participating in our interest incentive program which allows you to earn interest for holding tokens for 30, 60, 90, or 120 days. It’s really great. Especially since we are still in the beginning stages. There are more opportunities similar to that planned with more growth that we still receive because some people will see the ability for us to learn and grow.  The point I keep stressing is that I genuinely care about the people we serve and our investors who have been supporting us wholeheartedly. As far as discussing Brendan, that is personal slander and should not be tolerated on this website. He’s a very smart individual and offers great insight. Your claims are based on what exactly? None of us are perfect. The main thing that we’re doing here is righting our wrongs which is very important. As I mentioned before, I’d love to talk to you one-on-one and address any questions you might have. It’s not healthy to spread the FUD on here. This site is already extremely toxic for new projects, so why play into it? All we can do now is learn from our mistakes and be the best group of people we can be representing this project. I hope this response clears things up for you and anyone else with similar concerns.

Thanks for taking the time to respond her, your paragraph is kinda hard to read to be honest. I get what you mean and you made a mistake, unfortunately that mistake was pretty big, but if you say your working to fix it then I'll hold my judgment until I see this fix.

Hopefully you have learned a lesson and not hire people to do  something that important and if you do proof read and make sure the people are qualified.

[notblox1]

I made a mistake ...

What about 'mistake' of hiring this suckpuppets to comment and create fake conversation??!

Are Lord_Orion, geometrystellar, RainbowBrite, Einnalem, Dordunu Christian, RobtheWannabeWhale and others also from Singapore?

What about 'logo mistake'?

This site is already extremely toxic for new projects

 

[RobtheWannabeWhale]

What about 'mistake' of hiring this suckpuppets to comment and create fake conversation??!

Are Lord_Orion, geometrystellar, RainbowBrite, Einnalem, Dordunu Christian, RobtheWannabeWhale and others also from Singapore?

Sorry to disappoint but I'm from the UK. And Kalen hasn't paid me a penny. The project requested on Telegram that get on Bitcointalk and make a comment on the thread, so that's what I did. I've never had another reason to be on here, hence the new account.

Why don't you actual join the Telegram group and engage the people you're calling suckpuppets rather than just throwing out accusations on an internet forum?

[notblox1]

Sorry to disappoint but I'm from the UK. And Kalen hasn't paid me a penny. The project requested on Telegram that get on Bitcointalk and make a comment on the thread, so that's what I did. I've never had another reason to be on here, hence the new account.

Why don't you actual join the Telegram group and engage the people you're calling suckpuppets rather than just throwing out accusations on an internet forum?

On the contrary, you make me very happy to reveal how they are using all people to bump this topic.

Telegram is perfect place for scammers, and last time I checked bitcointalk forum was also on internet, not only in UK or Singapore

I’d also like to address your claims about “paid shill accounts.” Those are real people who see the value in TRUSD, and it’s absurd for you to suggest that it’s all made up. I have better ways to spend my time then pretending to fool people.

The project requested on Telegram that get on Bitcointalk and make a comment on the thread

 

[RainbowBrite]

I made a mistake ...

What about 'mistake' of hiring this suckpuppets to comment and create fake conversation??!

Are Lord_Orion, geometrystellar, RainbowBrite, Einnalem, Dordunu Christian, RobtheWannabeWhale and others also from Singapore?

What about 'logo mistake'?

This site is already extremely toxic for new projects

 

Sorry to burst your bubble, but I'm from the US. Not a "suckpuppet" as you wish to nickname me. Nor is any of the conversation I am creating fake. I didn't have a good reason, prior to now, to get on this toxic mess of a site, that is heavily biased. I am here now though. If you wish to speak more about this, we do have an official discord where I can be found under the same name. If you can speak to me as an actual adult and without childish insults that is.

[RobtheWannabeWhale]

Sorry to disappoint but I'm from the UK. And Kalen hasn't paid me a penny. The project requested on Telegram that get on Bitcointalk and make a comment on the thread, so that's what I did. I've never had another reason to be on here, hence the new account.

Why don't you actual join the Telegram group and engage the people you're calling suckpuppets rather than just throwing out accusations on an internet forum?

On the contrary, you make me very happy to reveal how they are using all people to bump this topic.

Telegram is perfect place for scammers, and last time I checked bitcointalk forum was also on internet, not only in UK or Singapore

I’d also like to address your claims about “paid shill accounts.” Those are real people who see the value in TRUSD, and it’s absurd for you to suggest that it’s all made up. I have better ways to spend my time then pretending to fool people.

The project requested on Telegram that get on Bitcointalk and make a comment on the thread

 

Glad I make you happy.

It's quite confusing to me that you think people are supposed to find a thread on a token they're invested in if they aren't directed towards the thread? I commented to give my opinion on the project so far, not to 'bump the thread'. This is still very early days and many of your concerns raised were valid and gave Kalen an opportunity to address them. Some, like the logo, had already been addressed prior to you bringing it up. Others, like the whitepaper issue, were news to me also and I'm glad you brought it up. This also is being addressed.

Telegram is certainly a place where scams can be found, as can nearly every single other online platform. But that's where a community exists where the members you're calling out as 'paid shills' are present. Why not talk to us as people, rather than fabricate something which is plainly untrue?

I don't expect you to suddenly flip your opinion and become an avid investor. But accusing people and being scams and scammers without even interacting with them on platforms where they are routinely present is very disingenuous and unfair. along with tmfp you've done some good research and I applaud you for your efforts, mostly because this level of critique is vital to make the project stronger. But on the other hand, slandering and making unsubstantiated claims about people should never be accepted, which is exactly what you have done.

[tmfp]

Hi, my name is Kalen Dangerfield. I'm the Co-founder and CEO of United Trust, the company operating TrustUSD.
<snip> walloftext <snip>

TRUSD is an American made and regulated company fully transparent and registered to the US government.  

This "United Trust Co(mpany)" exists exactly where, outside of your imagination?
Will there be an actual physical door for the SEC to kick down when they get round to closing you down for a no brainer security offering violation?

What is a White Paper?

A) A white paper is an authoritative report or guide that informs readers concisely about a complex issue and presents the issuing body's philosophy on the matter.
or maybe
B) A white paper is a document which includes an outline of a problem that the project is looking to solve, the solution to that problem as well as a detailed description of their product, its architecture and its interaction with users.
Nah, too much hard work. Also involves actually having an original concept.
Settle for this
C) A bunch of plagiarized words, nailed together for a few bucks by someone on the other side of the world, that you can't even be bothered to read properly before you put your name to it.

Why don't you actual join the Telegram group and engage the people you're calling suckpuppets rather than just throwing out accusations on an internet forum?

Why would anyone want to "engage" with a P&D circlejerk, whose main topic of conversation is how to game Coinkeeper's voting and how anyone who doesn't go Rahrahrah is a 'Hater' spreading FUD?
Where this is seen as insightful?

Just keep holding, buying when possible, and most importantly spreading the word. If every investor gets two more people to invest, then this thing goes viral and the process is easy

slandering and making unsubstantiated claims about people should never be accepted, which is exactly what you have done.

Presumably the repetition of the "slander" accusation is with reference to my relatively mild words about "The Crypto Analyst" (sic)?
Facts maybe unpalatable, but they're not slander.


Re: Description of this forum by use of the "toxic" ad hominem buzzword: crypto is toxic right now with the amount of scams being pulled, you're just shooting the messenger. Usual scammer MO.

[notblox1]

Sorry to burst your bubble...
I didn't have a good reason, prior to now, to get on this toxic mess of a site, that is heavily biased.

Don't feel sorry mr. no-suckpuppet RainbowBrite
It is interesting that you use exact same TOXIC word as your wonderboy trusd creator.
You can be even from Mars if you want.
Nobody will ever trust you or your trusd project

This site is already extremely toxic for new projects

Glad I make you happy.

We are both happy.

I am interesting to know how you all found out about trusd?
It looks like you all fall from Mars, and never heard about Bitcointalk forum before.
Mars is not 'toxic' ?

[RobtheWannabeWhale]

Sorry to burst your bubble...
I didn't have a good reason, prior to now, to get on this toxic mess of a site, that is heavily biased.

Don't feel sorry mr. no-suckpuppet RainbowBrite
It is interesting that you use exact same TOXIC word as your wonderboy trusd creator.
You can be even from Mars if you want.
Nobody will ever trust you or your trusd project

This site is already extremely toxic for new projects

Glad I make you happy.

We are both happy.

I am interesting to know how you all found out about trusd?
It looks like you all fall from Mars, and never heard about Bitcointalk forum before.
Mars is not 'toxic' ?

Yes, I've heard of Bitcointalk before now. But never had a reason before to sign up and post. I got out of having flame wars on internet message boards around 2004-05 and I don't intend on starting now. Your responses are getting more and more erratic and inflammatory as you go along.

[notblox1]

@RobtheWannabeWhale
Very good.
I was starting to get worried that we are maybe under attack of aliens from Mars.

I don't see anything erratic, inflammmatory and toxic here, except plagiarized trusd whitepaper, logo and marsians posting.

I am glad that 'revolutionary' trusd copy/paste made you join bitcointalk forum  

[Antoni4EVA1984]

Congratulations to the TrustUSD Team!!!
This one is going to make it!

This idea is phenomenal, and the people who are backing it up are strong! Only a matter of time before this explodes.

This person is part of the MAPR scam Amy the Admin going by this new name. She is everywhere scamming people.

[solosequenosenada]

WARNING: SCAM PROJECT

This is a scam project that has plagiarized several elements of TrueUSD (TUSD) and USDCoin (USDC).

In addition, large parts of its white paper have been plagiarized from other sources. For example,

From the TrustUSD white paper:

To maintain price parity, algorithm-backed stable coins attempt to control their money supply
through monetary policy. They do this by expanding and contracting the available supply of coins on the
market. For example, if the price of a stable coin is too high, the stable coin protocol’s algorithm will
mint new units and introduce them into the market — increasing the supply until price parity. If the
price is too low, the algorithm will contract the supply until the price target is met.

From an article on thebitcoinpub written a year prior:

To maintain price parity, algorithm-backed stablecoins attempt to control their money supply through monetary policy. They do this by expanding and contracting the available supply of coins on the market. For example, if the price of a stablecoin is too high, the stablecoin protocol’s algorithm will mint new units and introduce them into the market — increasing the supply until price parity. If the price is too low, the algorithm will buy up the stablecoin on the market by selling bonds at a discount.

Its word-for-word plagiarism.

There are no details provided about how this project tends to increase the value of its tokens, just promises of "because it will go up in value." The team of newb shills constantly talking about how great this project is in such a cheesy fashion is also a dead giveaway of its non-authenticity.

This project is definitely a scam.

Don't trust, verify.

[tippytoes]

@RobtheWannabeWhale
Very good.
I was starting to get worried that we are maybe under attack of aliens from Mars.

I don't see anything erratic, inflammmatory and toxic here, except plagiarized trusd whitepaper, logo and marsians posting.

I am glad that 'revolutionary' trusd copy/paste made you join bitcointalk forum  

With the negative trust of the OP and the continuous support of its solid followers of this project, we will know few months from now who will gain from this project and how long they can survive. Can they survive for at least one or couple of years? And by the way, the title thread needs to be edited, "elestic" or should be elastic?

[tmfp]

For some no doubt highly strategic reason (or maybe not), the college kids decided it would be a good idea to list this crap on Bitsten, an Indonesian shitexchange so obscure that even CMC won't list it amongst their 300 odd garbage.
This has had a couple of effects: an ETH pair CG listing with another kiss of death "low liquidity" rating, but also bursting the Telescam TrustUSD circlejerk bubble by forcing the pumpers into the real world, well the Bitsten group anyway, to justify its listing.
That didn't go too well....
PROTIP for Robtheetcetc: If your P&D shittoken has got a plagiarized and irrelevant White Paper like TrustUSD has, then maybe it's not the best idea to tell people haterzz to go and read it if you want to convince them you're legit.
And market manipulation isn't "organic".
Nor are 9 minute wash trades..




What else is new?
Brendan Viehman ("Marketing Specialist" at United Trust Co. a.k.a. "The Crypto Analyst" our motto: Shilling Scam Stablecoins is our Speciality! ) has been doing some washing too, of his Linkedin profile.
Gone is any reference to the MAYA/MAPR/DFS/U.K.Financial scam that he shilled for months on You Tube

I have worked with numerous companies and projects such as TrustUSD (TRUSD) Maya Preferred 223 (MAPR), Digital Fantasy Sports (DFS)

I have worked with numerous companies and projects such as TrustUSD (TRUSD), Hyped on Crypto (HOC), and several others

And his "Crypto Journey" has been shortened by a year from a 2011 start to 2012. Much more believable. 

And we mustn't forget RainbowBrite Amy, the Admin from the MAYA Telescam Group, and one more little white lie, naughty naughty Amy... 

I didn't have a good reason, prior to now, to get on this toxic mess of a site, that is heavily biased. I am here now though.

I've honestly only been trading crypto for a few months and,  I've been fairly lucky!
ETH:0xECC5f6E886AfbA3CE3599013BF0e7DbaB1dA266B

Some portfolio ya got there Amy!

[Antoni4EVA1984]

Some portfolio ya got there Amy!

I've honestly only been trading crypto for a few months and,  I've been fairly lucky!
ETH:0xECC5f6E886AfbA3CE3599013BF0e7DbaB1dA266B

These are Amy's wallets too, there is signs of Maya Coin being sold off with her other bags of shitcoins, these are the wallets she funnels other coins into showing from transactions from the wallet you posted above.

https://etherscan.io/address/0x3d83e749238ef28d361d1260f64c982a29f140a7#tokentxns
https://etherscan.io/address/0xe74d015d0ef90f19d2f41a599b411e7f6fc4536f#tokentxns
https://etherscan.io/tokenholdings?a=0x85fc884fd2858bb3da9550defdbd2bb4c0ee7157

She could be reported easy to the authorities as we know her real name and location.

Edit: Amy was also the Admin for Bags Token tmfp and she left there to join Maya as they paid her more but the reason she told Bags Token she was leaving is that she had to have brain surgery (This is a true story bud) She constantly lies and supports scams for a little money without remorse for anyone.

[Antoni4EVA1984]

Looks like Amy has changed her username once again to not be found, what a scum bag she is............. Anyways here is her new Telegram username @RainbowBrite5153

[tmfp]

Elastic, yes.
Stable, no.
Asset, lolol.

Apparently, this is a bull flag... 

The reason people are dumping is simple... they're reading this chat, watching you all scared and they know they'll be able to get you to panic sell and get filled lower... 

Just as well that they're all

professional investors

then.....

Anyhow, good to see the lemonade stall boss Kalen has been so hard at work for the last four days, it's almost as if he's disappeared.

[Antoni4EVA1984]

[Antoni4EVA1984]

The reason people are dumping is simple... they're reading this chat, watching you all scared and they know they'll be able to get you to panic sell and get filled lower...  

This has to be the most used phrase in Crypto scams on Telegram

Looks like Supreme Admin of Maya Preferred shilling this TrustUSD Amy Edgell AKA RainbowBrite, Aedgell61364 or what ever name she is going by now here has emptied one of her bag holdings of TrustUSD 2 days ago lol nice to see she dumps a project she SO believes in and then dis-regards all the other poor people getting scammed as long as she makes a buck. This woman is some peace of work. No good afterlife for her I can guarantee that.

From here
https://etherscan.io/address/0x3d83e749238ef28d361d1260f64c982a29f140a7#tokentxns

To here & then Catex to dump
https://etherscan.io/address/0xe74d015d0ef90f19d2f41a599b411e7f6fc4536f#tokentxns

Naughty Naughty Amy. You can not hide your scammy actions from me.

[Crytonex]

I hope to see trustusd get listed on more exchanges so as to enable it pump

[Antoni4EVA1984]

I hope to see trustusd get listed on more exchanges so as to enable it pump

Behave it is a scam, it would be a dollar already if it was real.

[tmfp]

Helping out with an update here, in the absence of any corporate information.

I haven't checked the rest of the WP, reportedly there are more copy/pasted content from other sources. I think there is no need to give more evidence, above is more than enough.

Indeed.
Apparently Kalen Dangerfield (the CEO of the non existent United Trust co, "the American made and regulated, fully transparent and registered to the US government company" that operates TrustUSD) has run off with the proceeds of his nice little Pump and Dump is taking extended time out from communicating with his sect-like Telegram followers, in order to write a 'Brand New White Paper'.
Maybe he's bought some text spinner software.

Just a quick update on this "stablcoin's" progress.
No "Supply Adjustment" information for a month.
No new whitepaper. (Still haggling on MechTurk?)
The price is languishing around 10 sats and Dangerfield's absence (nearly a month) has been explained by the death of his grandmother.
He is too grief sticken to update or post anything for his dwindling band of bagholders, but strong enough to retweet MAGA crap on his Twitter feed.
He's left our MAYA pumping YouTube "analyst" in charge of the depressed TG group, who has established that it couldn't possibly be an exit scam because bagholders still have 40% of the worthless token issue. I suppose that makes sense to somebody.
Brings to mind the old poker quote

"If you can't see who the sucker is, then it's you."

[NixonsGhost]

Hello!

I am the new admin for TRUSD’s telegram, Golden.I just wanted to introduce myself and say to all of you, your concerns are have been heard and I will try and touch on each of them.

First and foremost I have noticed a lot of talk about Maya Coin on this thread. I have no affiliation with Maya Coin and the terrible things they have done to a lot people and some of my friends who were sucked into that scam. The way that Maya handled themselves is a disgrace to crypto.

Now, Amy / Rainbowbright or whoever she is now. Is not a part of this coins team and never was. If she chose to ride TRUSD’s coat tails then she did and she got her sats and is gone now. 🤷‍♂️ So let’s leave that subject in the dark alley it should be. Between the parties involved. TRUSD can not stop people from buying selling it’s coins.

Brendan the YouTuber I feel bad for. He has been blasted over and over and sometimes you just pick a bad egg. I know I have. But, these days you just can’t win. Brendan bought into Maya and then wanted to spread the word, he just didn’t know it was toxic and would eventually turn on him. I know if he could go back in time and tell his past self to stay away from Maya he would. When Keland has to step away Brendan was given control of the telegram to keep the peace, but he never asked for the responsibility of running the group nor had the time.

This is were I come in. I contacted Kalend I asked for the Admin role. Since I received the title I have been hard at work picking up the crumbs and trying to give the community what they deserve! I’ll get that after we touch base on Keland’s absence.


Yes, Keland has been away, but he did stop in to post his reasons and a little up date to the community..

“ Hello TrustUSD Community,

I am writing to you as I’m boarding my plane, but I’d like to give you all a much-needed update in regards to the previous months. I will start by saying I am so sorry for my abrupt tardiness. I want you all to know it wasn’t intentional. Throughout my life, I honestly had never really had to deal with a person really important in my life pass away. It really took a toll on me mentally, physically, and emotionally. I am writing this to you as if I’m writing the journal, so it’s sincerely from the heart. What I failed to consider was the fact that I have a committed and dedicated support group right here, but at the time I wasn’t thinking clearly. I love this project with all of my heart. I spent a lot of time, effort, and money to put my vision to work, and this is simply a bump in a long, winding road. Also, if you didn’t know, I relocated to a new city, so once the tornadoes hit my home state, I had to fly back home immediately because their house was completely destroyed. For me, it felt like one bad thing after another happened, and it just hit me really hard. I am giving admin title to Gold Rebellion so he can handle the Telegram aspect, while we work behind the scenes to get back on track. In May, we will have a $35,000 investment to use for healthy support numbers which will be great. I am en-route to the Virgin Islands for a mission trip, so my reception will be bad, but I’ll try to come in from there! I hope all of you are staying safe from the problems we face in the world.

Please know of my prayers and the prayers of thousands of people for you,

Kalen Dangerfield”

We all react to things different and sometimes we need time away to get better. But, when you are the leader with a few team member’s it’s hard. This all could of been handled better. But, when your in crisis mode. You just need to get out. So for the time being. I am pushing forward, and he will return in May.  

The 48hour Burns were a nice gesture. But ultimately they were doing nothing. They were actually hurting TRUSD.
By burning the unused supply we were:

1. Burning our marketing funds (airdrops, competitions)
2. Burning dev funds (bounty programs)
3. Burning our future investment capital. (listing on bigger and better exchanges)

One of the main problems was market manipulation to get the coin to reach its’s maximum burn potential. It was was obvious. Even Kalend doing buy backs everyday, placed as support, was being dumped into buy these Satoshi scalpers.

The second thing I would to like address is the monthly interest plans. Last month’s did not go out. I was not a part of the project then. But, I would like to express my apologies on this matter. I can also not make up for that lost interest at this time when Kalend returns he can touch base on this.

Moving forward the interest plans will be moving to Catex’s passive income plan. This will make everything more fluid and take human error out of the equation.

I urge you to read the article called Burntrest A RobinHood Initiative it can be found here:   https://link.medium.com/ZpyWTXInA5

This article goes deeper into burns, buy backs, & how we will handle interest plans in the future. There are also a few other articles there to catch you up to speed.

What have I been doing?

I’m sure you all noticed the twitter account was suspended. We pissed off Twitter and they won’t give it back🤦‍♂️ So we have a new one @TRSTUSD follow along to stay up to date.

I integrated CCtip bot to help reach further audiences on twitter

I have added an invitee/inviter airdrop. Dirst join our telegram then invite friends. When your friend joins type grab and you both split 1 TRUSD. So start inviting!

I have added a tipbot in our Telegram room. Stay active to receive some rain!

I have started a liquidity pool on Uniswapdex.com you can add to it now. Which you can earn a % of each 3% transaction fee depending on the amount of the pool you control.  Just search TRUSD on uniswapdex.com to get started.

I listed TRUSD on Bamboorelay.com

More Exchanges are coming! Just give me some time💪

I also have something really cool for us that I have been working on with the Verisafe team. But it’s not quite ready to be discussed.

I will be writing a lite paper for TRUSD in all my free time. Which will show the direction and loose roadmap so we can put they old white paper to bed 6ft underground.

I will start adding updates to this thread as well. I don’t often use bitcointalk so if you have a real concern please dm me on telegram!

I will do my very best to keep this a solid project with a positive vibe! Just stay with me and let’s work as a team to be unbanked and successful.

Cheers & happy trading,
Golden

[tmfp]

Keland....Kalend....Keland.....

Kalen is your absentee boss's name. K-A-L-E-N.

That's Kalen Dangerfield who, despite family bereavement and tornadoes forcing him to grief-strickenly abandon his shit token after its pump and dump, still managed, throughout all adversity, to find time to regularly tweet his MAGA shit

2,800 people worldwide have been killed from the coronavirus..
0 people in America have been killed from the coronavirus.
In other news, socialism has killed 100 million people in the last 100 years.
 

Of course, extreme politics and successful crypto currencies are not mutually exclusive, I mean look, for example, at Roger Ver.....

Hello!
<snip> litany of bullshit excuses and justifications <snip>

Cutting to the chase, it's quite simple.
TRUSTUSD is the shittiest of shitcoins.
It has no function.
It has no value.
It has no reason to exist.*

*apart from one last pump for the Golden bagholders.

[NixonsGhost]

Oh man. What a silly mistake that was. Yes, you know how to spell better then me and my spell check. Being locked inside with family and working makes it hard to focus sometimes. But, details are in the pudding. Thanks for keeping me straight on the spelling.  K A L E N, there. I think I got it this time. I actually called him Karen once lol.  We’ll just call him K for now. But, joking aside. I’m going to do my damndest to change your mind! Just keep watching. I’m working on a lot of things and as they start to fall in place I hope it all comes to light.

Our place in the ecosystem of crypto hasn’t yet been solidified and like so many coins before us they were all shit coins before they were good coins. There’s always hiccups along the road. This week I am going to put together a light paper and you can trash it😊 Then I will fix what you circle as garbage. In fact I would love to give you the opportunity to work with me? What are you looking for in a crypto? What game changing thing would you do?
Cheers mate!
Love the banter.
Golden.