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ICO «Trive»

⭐ Data Analytics

Ended
5.00 ( 1 votes )
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«Trive» ICO Links:

ICO «Trive» Listed:

November 11, 2017 ● AMP Version link

Community Member:

ICOLINK

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ICO Description

Trive™ is a Nash Equilibrium Global Consensus engine that researches and clarifies Truth through Human Swarmed crowd wisdom using blockchain based rewards and verification mechanisms. Using crowdsourced research, game theory and cryptocurrencies it will enable people all over the world to research, verify and score the truth of almost any piece of knowledge. We implement this by using game theory, blockchain and cryptocurrency to incent rational behavior.

The resulting effort is hashed/stashed to the blockchain via a smart contract to ensure the sanctity of the Truth Hive (Trive™) process.

Trive™ solves the problem of fake news for our users for $1 a month. Trive™ is a social science consensus engine that researches and clarifies facts through Human Swarmed crowd wisdom. We incent people to do primary research into news stories, compensate them with our own coin, Trive Coin, and hash/stash the results on the Block-Chain.

Trive™ creates a Nash Equilibrium incentive structure for the research into news story claims. An antaganistic relationship between researcher and verifier creates a checks/balances process that reinforces research quality.

Trive™ creates a feedback loop to media companies who monetize your attention. By reducing their revenue when they aren’t honest, we can send a strong signal that “The truth is the truth no matter who speaks it”. Our mission is to eradicate fake news worldwide through alternative feedback mechanisms, incentivizing media to tell the truth. We also anticipate many traditional media fact-checking functions can be done faster and more efficiently using Trive™.

ICO Details

ICO «Trive» ICO Start: November 16, 2017

ICO «Trive» ICO Finish: December 15, 2017

ICO «Trive» Symbol: TRV

ICO «Trive» Platform: Ethereum

ICO Rating

Idea
5.00
ICO Advisors
5.00
ICO Team
5.00
ICO Website
5.00
Whitepaper
5.00