Establishing Persistent Reputation via the Ethereum Blockchain.
Tru Reputation Protocol, a blockchain protocol that revolutionizes Reputation & Ratings in digital interactions. Our goal is to create a next-generation solution to the problem of trust and reputation that will solve some of the longest standing and most costly problems in digital ecosystems whilst also providing an on-ramp from off-blockchain users to blockchain platforms.
The Tru Reputation Protocol provides a unique and revolutionary solution to Reputation by moving away from Ratings & Reviews towards the selection of easy-to-understand words and phrases when describing an interaction.
Moreover, the Tru Reputation Protocol provides the first digital solution to persisting Reputation between platforms and reward contributors for their feedback creating the first Proof of Reputation network.
The Problem of Reputation in Trust
Forming new relationships for business has been an issue since the dawn of commerce- how do you trust someone with whom you have never had any dealings with before?
This question has led to many attempted solutions, but none have answered the problem. In the ‘real world,' personal recommendation became the de facto means of establishing a trusted reputation. As more people recommended you, your network of trust increased along with your capability to influence or transact with others.
The Web 2.0 has provided solutions that require single-party feedback to centralized platforms that in turn are open to manipulation by fake comments and fake reviews3 , leading to large volumes of information that is biased, useless and only increase confusion.
Furthermore, such solutions work on providing ratings on a subjective, arbitrary scale that while easier to aggregate as an average it decreases the value of the feedback in establishing a reputation.
Moreover, the nature of these systems means that users are generating value but ultimately are not benefiting from content that others find value in, leading to lower participation and poorer quality.
The Tru Reputation Protocol provides a solution to the problem of establishing a single source of truth for Reputation in digital ecosystems by leveraging a patent-pending Tru Feedback Algorithm, the Tru Reputation Protocol acts as the first Proof Of Reputation mechanism that is natural and easy to use: each party in a transaction leaves feedback for each other by selecting or providing Semantic Terms.
The Tru Reputation Protocol allows the establishing and persistence of reputation across digital ecosystemsfrom 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.
All feedback received by the Tru Reputation Network is linked to a transaction ensuring the authenticity of the Reputation for every participant in the Tru Reputation Network.
By requiring that all feedback be linked to a transaction between two or more parties, the Tru Reputation Network ensures that all parties providing Feedback were involved, preventing fake feedback.
By requiring all parties involved in a transaction provide feedback to theTru Reputation Network, it allows both sides to offer their feedback ensuring best behaviour when providing feedback.
The Tru Reputation Protocol allows you persist your Reputation beyond single platforms to all platforms in the Tru Reputation Network
Patent Pending Algorithm
By leveraging the patent pending the Semantic Term Feedback Algorithm, the Tru Reputation Protocol enables Reputation that uses easy to understand, simple feedback that is resistant to bots and fake reviews.
Each party that provides feedback within the Tru Reputation Network receives Tru Reputation Tokens Tru Reputation Tokens are in turn required by 3rd parties wishing to query the Tru Reputation Network ensuring value for your effort.
The Tru Reputation Protocol provides the capability to localise any Reputation to any written language automatically enabling international commerce by removing the barriers of communication.
Tru Reputation Protocol reputation data is transparently immutable and non-repudiable ensuring the highest levels of trust in the feedback within the Tru Reputation Network
Any Tokens not sold during the Pre-sale will be sold during the Crowd Sale.
Tokens will not be transferable until after the Crowd Sale.
|Round||Token Price||Bonus||Min / Max Purchase||Soft Cap||Hard Cap|
Post sale —
04 Jan 10:00 UTC
05 Mar 10:00 UTC
|0.0008 ETH||25%||Min 1 ETH||3,000,000 USD||4,000 ETH|
Start of the Tru Reputation Network Pre-Sale
End of the Tru Reputation Network Pre-Sale
Release 1 of the Tru Reputation Protocol
Start of the Tru Reputation Network Crowd Sale
End of the Tru Reputation Network Crowd Sale
Launch of the Tru Reputation Network on the Ethereum Main Network
Release 2 of the Tru Reputation Protocol
Release 3 of the Tru Reputation Protocol
Release 4 of the Tru Reputation Protocol