“truth discovery network” - trive · “truth discovery network” [email protected] truth...

Trive

“Truth Discovery Network”

[email protected]

truth discovered …

™

“We solve the “someone is wrong on the internet” problem.

Scalable, Unbiased, Transparent, Crowd Sourced.”

Fake news is a serious problem for consumers and media

ConsumersActing on wrong information has real costs.

Information verification requires more time and attention than most can afford.

Media revenue models monetize attention without a provable correlation to truth.

There is NO accountability loop for poor media quality.

“Fake News” and information challenges all age groups, across every demographic.

Media

Trust and income are at all time lows and dropping.

Perception of bias and lack of transparency reduces trust and income.

Newsroom Verification costs are high.

Trive solves problems for Consumers

Spending time and resources appraising news and information for truth value.

Media monetization of time and attention without regard to quality of product!

Reliance on media models antithetical to a changing environment.

Low media trust.

Need to trust in a centralized third party.

Trive Solves:

Trive solves problems for Media

Trive Solves This!

Higher Income –

Truth Hive Engine increases trust.

Higher Consumer Trust equals Higher Revenue.

Cost Effective –

Pay as you go Source Verification.

Fractional variable costs.

NO fixed overhead.

Improved Reputation Through –

Eliminated perception of bias

Total Transparency

A Global decentralized truth discovery engine

Crowd sourced, swarm driven, “Truth Hive” resultant information system.

Deriving revenue from media consumption and production.

Exponentially scalable, decentralized, transparent, non-biased by design.

Game engine based on Nash Equilibrium and antagonistic incentives.

Using checks and balances to ensure quality with TriveCoin rewards and counterincentives

Anonymously collusion proof, with wallets tied to reputation scores that nullify manipulation.

Preserving ALL data as original content, hashed and stashed, in the blockchain, forever…

Serving both Industry and Consumer Needs. Win/Win/Win.

Trive Is

- Creation Verification Distribution Collation Curation Aggregation Preservation -

•CEO @ OMP

•CTO @ Bigstar

•Sr.Consultant@IBM

•Columbia MBA

•Bitcoin since 2013

David Mondrus

CEO

•CryptoCFO@Twitter

•CPA@Ernst&Young

•CEO@Prue Leith

•CFO@X-Plor Group


Murray Barnetson

CFO

•CEO@CoinOutlet

•PM@NorthPoint

•DevMgr@Nielsen

•US Navy


Eric Grill

CTO

•Founder@

•ValdezHeliCamps.com

•Bitcoin Since 2014

Matt White

COO

Executive Team

David Orban

•Founder Network Society Ventures

•Faculty and Advisor Singularity University

Matt McKibbin

•Chief of Decentralization @d10e

•Advisor to Humaniq

Keith Ng

•CEO Gametize

•#7 ranked Gametizationexpert worldwide

Jeffrey Tucker

• managing partner Vellum Capital

• founder Liberty.me

• policy adviser Heartland Institute

• advisor to Factom

• Five time author.

Wiley Mathews

•MD@Blis

•Founder @ InAppMedia

•USMobileDir @ OMD

Advisors

http://netsoc.vc/

https://su.org/

http://vellum.capital/

https://liberty.me/

https://www.heartland.org/index.html

https://www.factom.com/

News readers

World wide 3 Billion

300 million serviceable

15,000,000 customer at

5% penetration

Market – Total, Serviceable, Obtainable

Monthly Revenue

# of salesPrice per

saleTotal

Browser Plugin 15000000 $1 $ 15,000,000

Custom Hired Research

150 $25,000 $ 3,750,000

Priority Licensing (annual)

1 $1,000,000 $ 1,000,000

Total $19,750,000

Competition

Trive WikiTribune Politifact Snopes

Scalable Yes Yes No No

Transparent Yes No No No

Hash/Stash Yes No No No

Crowd Sourced Yes Yes No No

Decentralized Yes No No No

Bounties Yes No No No

Unbiased Yes Maybe? Partly No

Investment Opportunity

• SAFT Round

• Raising $1m on a $5m pre money valuation

• First 100K of investment gets tokens on a 10:1 basis

• Next 400K of investment gets tokens on a 5:1 basis

• Last 500K of investment gets tokens on a 2:1 basis

• Equity investors get token pre-sale rights at a 50% discount of final retail price

• No lockup

Supporting Documentation TOC

• Engine• Crowds do a better a job

• It’s not that simple

• Trive Engine

• Trive Flow Chart

• How it Works – Trive Application for Consumers

• Statistics• Trust Itself is Changing

• Media Distrust is Top 3 Concern for Consumers

• All Demographics See Fake News as a Problem

• Confused Consumers Seek Trust in 3rd Parties

• Trust in Media is at an All Time Low

Crowds do a better job …

But it’s not that simple …. (of course)

• A crowd is smarter when:

• it isn't defining its own questions,

• the quality of an answer can be

valuated by a simple result (such as a

single numeric value), and

• the information system which informs

the collective is filtered by a quality

control mechanism that relies on

individuals to a high degree.

• In some cases crowds … are smarter

than the smartest people in them.

• The three conditions for a group to

be intelligent are diversity,

independence & decentralization.

• The best decisions are a product of

disagreement and contest.

• no need to chase the expert.

Submits a new story to the marketplace

Consumer

Stories Marketplace

Contains a list of stories to be researched submitted by clients.

Each story will have a number of tokens associated with it donated by consumers and truth seekers

Consumers will be able to buy Trive tokens on exchanges or on the marketplace from Trive Co. directly via BTC or FIAT.

Marketplace will be seeded by Trive Co. at first as a market maker

Stories that are assigned but not completed within the assigned time burn the tokens donated + tokens staked

Bids on a story for with a price of V and a max of PDifference between V and P – C is her profit

If she wins the bid, she Publishes a the claims sheet, a list of article claims opens the case by staking the expected # of tokens to be spent based on the

number of claims (n) starts the timer

Bids on a story

Curator

#Score

Research

Researchers (1..n)

Review

If a Verifier wants to challenge a researchers claim, e.g. it’s false, they

can create their own rebuttal reserch and submit

to a jury as an exception.

Acceptance

One of the narratives is selected via a time

sensitive pollPoll results are bundled

with the package

Consumers(1..10)

#f(#)

#

#

#

#

Verifiers(1..n)

#f(#)

#

#

#

#

Trive Engine

Step 1

Step 2

Step 3

Consumes Trive.news via browser plugin

Plugin is owned, managed and distributed by Trive Co.

Monthly subscription cost of $1/m paid to Trive Co. allocates a # of coins at market preferred pricing.

Plugin intercepts URL’s on supported pages and changes the opacity. Less visible for negative, more visible for positive.

Stories are unique on URL - Anchors

Can submit stories to the marketplace with 0...n tokens.

Tokens accumulate from all participants

Greater # of tokens creates greater incentive for curators to pick up the story.

Top 10 token submitters (by size of donation) when the story is picked up get approval rights. Approval is 1 wallet=1vote no matter how many tokens

Consumption Production

Exception

#

#

Verifiers(1..n)

Jury(Curator &10 witness)

#f(#)

#

#

#

#

Claims

Trive Co. Trive DAC

Trive Dac(Wallet in Tray)

Final Research file

JSON call for each URL on supported

page

Media ClientsCNN/Breitbart/Huff Po

Ben Swann/Mike Shapiro

Trive Corp

Consumers

Other Use/Cases

Truth Consumption

TriveStorageModule

Trive Browser Plugin

Curator

Viewers/Jury

Researchers (1..n)

Verifiers(1..n)

Marketplace of Stories

Truth Production

How it Works - Trive Application for Consumers

• Browser Plugin

• User choice:

• True vs False Scores, story visible

• Story gets darker as the falsehood is

stronger

• Story doesn’t appear at all

• $1/month

• Can earn Trive tokens by participating in the

flagging of inaccuracies

• Positive reputation events when participating in

the process

Trust Itself is Changing

http://www.pewinternet.org/2017/08/10/the-fate-of-online-trust-in-the-next-decade/http://fortune.com/2016/09/15/trust-in-media/

Media Distrust is Top 3 Concern for Consumers

All Demographics See Fake News as a Problem

Frustrated Consumers Seek Trust in 3rd Parties

84% are

confused

Trust in Media at an All Time Low

“truth discovery network” - trive · “truth discovery network” [email protected] truth...

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