Introducing Trust Exchange: Revolutionizing Business Information Sharing on the Hive Blockchain
I'm excited to introduce you to an innovative project that's been launched in the Web2 world and is coming to HIVE: Trust Exchange (www.trustexchange.com). Founded in 2015 by Ed Sullivan (aka @baltai), this groundbreaking platform is bridging the gap between traditional business information and the new world of crowdsourcing through their “contribute to earn” model. You may not know Ed directly, but he serves on the Board of Splinterlands.
Peer-to-Peer Business Information
Trust Exchange is a peer-to-peer business information exchange designed to solve key problems in compliance across various industries such as banking, pharma, public safety, and green construction. With over 40,000 users, Trust Exchange has already attracted the attention of several banks, green energy companies, and local governments who are now utilizing the platform.
The project's "Contribute to Earn" model allows users to earn tokens by contributing or validating data on the platform. This model not only encourages user participation but also fosters a strong sense of community and collaboration.
THIS IS WHERE YOU FIT IN!
Where you come in
Trust Exchange has a need for people to get into the platform and help describe and verify information that’s part of Trust Exchange. Is there a location where a company reports it to be? Do they sell a certain good or service? If you can verify that businesses are doing what they say they’re doing there is a reward for you so that other people that are interested in the product or service have trust that companies do what they say they do.
As Trust Exchange expands its reach to the HIVE blockchain community, it aims to further democratize access to reliable business information and streamline the compliance process. This powerful combination of cutting-edge technology and forward-thinking business solutions has the potential to revolutionize the way we share and validate business data.
Introducing the Founder Series NFT’s:
Trust Exchange is launching the Founder Series of Contributor Certificates to jump start the network and will serve as the foundation for the Contribute to Earn ecosystem. Founder Series Contributor Certificates are NFTs minted through the Hive-Engine decentralized smart contract platform that give YOU the owner an ability to participate on this network. Founding participants will establish the network and create the framework of rules and policies for the platform moving forward. Founder Contributors will receive the following benefits:
80% Discount for the first 10% of the supply purchased in each class
12 full months of rewards after launch
Perpetual Founder’s Bonus of 5% on daily rewards for all subsequent periods (rewards will expire after one year on each subsequent series)
The Trust Exchange fungible TREX Token Pre-Sale Allocation
Hard limit on the number of certificates minted for each series
The Founder Series will include four levels of participation certificates: Enterprise, Gold, Silver, and Bronze.
Are you intrigued? Here's how you can get involved:
Visit https://whitepaper.trustexchange.com/ to learn more about the project and its impact on various industries.
Head here to purchase your Founder Series NFT’s: https://collaborate.trustexchange.com/ and start stacking rewards
Join the discord: https://discord.gg/J8kxZhCdUJ
Let's help get this project off the ground!
Trust Exchange is poised to make a significant impact on the way businesses manage and share information, and you have the opportunity to be a part of this exciting journey. Don't miss out on this chance to join the Trust Exchange community, participate in the Founder Series, and contribute to the future of business information exchange!
Disclaimer- Ed's my friend and business partner. I don't own any of these tokens at this point in my life and don't have a financial interest in this project. Happy to share a Hive project with the world and let folks know that a great businessman is coming to Hive.
Ed's done multiple business exists for many millions of dollars and knows how to grow businesses into amazing companies. Good luck out there, and hopefully you can earn some crypto while you're out there helping business information get vetted into the world.
This looks like an interesting idea. Having skimmed through the Whitepaper, I've ended up with far more questions than answers !
I think the key ones relate to;
I think the key is going to be ensuring that the data is more accurate than that held by traditional ratings agencies, which means data creators need to be selected for quality rather than just who feels like paying for an NFT.
On a side note, I think it's sad that every project has to have it's own token. If projects that are aimed to attract non-Hive customers all agreed to use HIVE or HBD it might help build momentum for wider adoption. Rather than customers buying whatever token has been issued exclusively by a single project (or paying with fiat), it would be good if fiat payment would automatically create them a HIVE wallet at the same time as they were sent an automated email or link promoting all the other things their new HIVE tokens give them access to.
We have excellent advisors. We have a team page on https://www.trustexchange.com but we also have excellent advisors and counsel.
Thanks for your reply - that fills in a piece of the jigsaw, and boosts my confidence significantly. Thank you ! 😀
Just bought a silver :)
Welcome to the team! Make sure to join the discord
Yep, I'm on there as black Eye Butterfly :)
Hey there,
I'm thrilled to have stumbled upon Trust Exchange! It's refreshing to see a project like this that aims to bridge the gap between traditional business information and the power of crowdsourcing. The "Contribute to Earn" model is innovative and fosters community and collaboration, which I genuinely appreciate.
Trust Exchange can revolutionise how we share and validate business data, particularly in industries like banking, pharma, public safety, and green construction. The platform has garnered attention from major players in these fields.
I'm especially intrigued by the Founder Series of Contributor Certificates. The benefits they offer, such as discounts, rewards, and the perpetual founder's bonus, make it an enticing opportunity. I'll explore how I can get involved and contribute to the future of business information exchange.
Thank you for sharing this informative post and introducing Trust Exchange to us @aggroed. I look forward to seeing the project flourish on the HIVE blockchain and positively impacting various industries.
Best regards,
We would love to have you involved. Join our discord linked above and let's chat. We currently have 40k subscribers in our web2 app and our plan is to build a core group on Hive and then grow, convert and recruit.
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That sounds pretty cool, I’ll have to see if there’s anything locally for me yet but I’ll keep this in mind as the world gets more and more decentralized. Good opportunities in doing this type of stuff!
Where are you located? We're working with several large firms, banks, marketing companies and insurance companies that are global and interested in data internationally. (we're based in USA...for now)
it sounds a good business idea, however, couldn't find any incentives to sign up or start off at all
Hey...and thanks for your comment. The incentives are baked into the pre-sale. This is a series of "Founder" tokens which will be of limited number and earn daily airdop rewards for the life of the project. Additionally, the 80% discount is still active for the first 10% of each founder tier.
FWIW, https://www.zscaler.com/platform/zero-trust-exchange
says that Trust Exchange™ is trademarked.
Interesting...
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You have done an incredible job supporting HIVE. The only thing left is to promote it internationally, perhaps through a TV commercial. We are already exploring this option in the Philippines, and we are searching for individuals who can create a compelling 30-second video presentation to air on TV. We will pay for their time if they produce quality work.
I've worked with freelancers who create short videos before. A few tips from my experience:
Also, what are the costs associated with broadcasting the commercials and how do you plan to raise funds for this?
If the video presentation for the commercial is to be smooth and successful, we also need the help of everyone at HIVE.
Even after reading this and the website, I'm not entirely sure what the usecase is. Will this be like a business listing (what we used to call yellow pages)? And how much are the tokens and nft's?
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Sort of...each business would have a "profile" similar to a facebook profile with a timeline. The events on the Trust Exchange timeline are customizable but might include things like: an audit, address verification, proof of insurance or an inspection of some sort. For example, out bank clients require their vendors to complete a complex questionnaire once per year. In our system the event might be the questionnaire.
Additionally, we're in discussions with a prospect who wants to send the verifiers to specialized training and then ask them to validate information. In this case, it's the price of gasoline in the UK but it could also be things like agriculture, public safety, roads etc.
Right now we're offering the "Founders Edition" NFT's which currently have an 80% discount and have a lifetime "bonus" on daily rewards. Subsequent certifications (NFT's) will expire annually. https://collaborate.trustexchange.com
It sounds like this is going to help a lot of people. Do NFT holders have to be verifiers to benefit / collect rewards?
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