Tru Reputation Network ICO (TRU)

Where your Reputation works for you.


The Tru Reputation Network is the first decentralized Proof of Reputation solution. Backed by patent-pending and revolutionary feedback algorithms that eliminate synthetic feedback- a problem estimated to affect over $320 Billion/14% of E-Commerce sales each year, the Tru Reputation Network seeks to radically change how feedback is conducted in digital interactions. By moving to a system of Semantics away from long-form reviews or sliding scale ratings, the Tru Reputation Network increases ease of use and quality of reputation data whilst simultaneously eliminating automated 'crowdturfing'. The Tru Reputation Network is underpinned by the Tru Reputation Protocol which is currently being used in a private beta by Trubador (https://trubador.com)- and is servicing over 16,000 users a month. The Tru Reputation Network Pre-Sale is a public token sale of Tru Reputation Token- the unit of economic activity underpinning the Tru Reputation Network. These tokens are required by platforms to search the Tru Reputation Network and are awarded to those who provide feedback to the Tru Reputation Network. These utility tokens are being priced at a 25% bonus vs the launch price and the sale is open to anyone, with only those purchasing more than 20 ETH being subjected to KYC assessment (1 ETH = 1250 TRU).

Internet Platform Smart Contract Software
3.2

by expert rating and reviews


3.8
ICO PROFILE
3.0
TEAM
3.0
VISION
2.8
PRODUCT
TBD
Token TRU
Platform Ethereum
Price 1 ETH = 1125 TRU
Country UK

About Tru Reputation Network

The Tru Reputation Network is the first Proof of Reputation solution- a solution that will revolutionise how Reputation, Ratings and Feedback and conducted in digital context. By leveraging the Tru Reputation Protocol it provides the 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 it creates a system that is natural and easy to use: each party in a transaction leaves feedback for each other by selecting or providing Semantic Terms like 'Professional', 'Friendly' or 'Value for Money'.

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.

Team

Matthew Murphy member of Tru Reputation Network ICO
Matthew Murphy
Darron Antill member of Tru Reputation Network ICO
Darron Antill
Richard Martindale member of Tru Reputation Network ICO
Richard Martindale
Ian Bray member of Tru Reputation Network ICO
Ian Bray
Managing Director
Patrick Stewart Bray member of Tru Reputation Network ICO
Patrick Stewart Bray
Chairman
Caroline Draper member of Tru Reputation Network ICO
Caroline Draper
Marketing Director
Liz Silva member of Tru Reputation Network ICO
Liz Silva
Project Engineer
Michael Conway member of Tru Reputation Network ICO
Michael Conway
Project Engineer

Milestones

  • 1

    June 2015 - Tru Ltd Founded

    Tru Ltd was founded in June 2015 to focus on delivering solutions to some of the most intractable problems affecting the current generation of Web 2.0 platforms and developing their successors for the Web3.

  • 2

    December 2016 - Semantic Terms Feedback Patent Filed

    Patent PCT/GB2016/054063 is filed by Tru Ltd after 18 months of research & development to deliver the next-generation of feedback & reputation systems for digital contexts. Patent is filed with the USPTO, EPO and WIPO: https://www.google.com/patents/WO2017115085A1?cl=en

  • 3

    June 2017 - Private Beta of Trubador begins in New York & London

    A 12 month private beta of Trubador is launched using a private release of the Tru Reputation Protocol to selected businesses and users in New York City, NY, USA and London, UK

  • 4

    December 2017 - Milestone in Feedback

    Trubador, leveraging the Tru Reputation Protocol achieves over 16,000 Monthly Active Users. With over 300,000 transactions handled, over 1.1 million items of feedback and 0 'synthetic' or fake reviews.

  • 5

    4th January 2018 - Tru Reputation Network Pre-Sale Starts

    Tru Ltd emerges from stealth to launch it's Pre-Sale for the Tru Reputation Network to take the Semantic Terms Feedback Algorithm and the Tru Reputation Protocol to the wider world.

  • 6

    5th March 2018 - Tru Reputation Network Pre-Sale Finishes

    On the 5th March 2018 the Tru Reputation Network Pre-Sale will complete.

  • 7

    May 2018 - Release #1 of the Tru Reputation Protocol

    Release #1 of the Tru Reputation Protocol will be released in May 2018, establishing a public testnet where the Tru Reputation Network can be experienced ahead of the public launch.

  • 8

    June-July 2018 - CrowdSale

    A wider Crowd Sale of the Tru Reputation Network will begin by the end of June 2018 and last for 30 days. Offering a 12.5% bonus vs public release pricing, this marks the final event where Tru Reputation Tokens can be purchased ahead of release.

  • 9

    August 2018 - Public launch of the Tru Reputation Network

    The Tru Reputation Network will publicly launch in August 2018, enabling the exchange of Tru Reputation Tokens and access to data on the Tru Reputation Network. All data from Trubador will be within the Tru Reputation Network and this will mark the Global Availability of the Trubador platform.

  • 10

    December 2018 - Release #2 of the Tru Reputation Protocol

    The second public release of the Tru Reputation Protocol will be released by December 2018. Check the White Paper for more details.

  • 11

    June 2019 - Release #3 of the Tru Reputation Protocol

    The third public release of the Tru Reputation Protocol will be released by June 2019. Check the White Paper for more details.

  • 12

    December 2019 - Release #4 of the Tru Reputation Protocol

    The fourth public release of the Tru Reputation Protocol will be released by June 2019.

    - v1.0 release of the Machine Learning Library
    - Beta release of the Tru Reputation Analytics Service

    Check the White Paper for more details.

Financial

Token Sale Info
Token TRU
Token Type ERC20
Platform Ethereum
Price in ICO 1 ETH = 1125 TRU
Tokens for Sale 32000000
Investment info
Accepting ETH
Distributed in ICO 50%
Soft cap $3,000,000
Hard cap 4,000 ETH

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