the truth is the truth no matter who speaks it. · the truth is the truth no matter who speaks it....
TRANSCRIPT
Fake news is a serious problem
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But not a new problem
There is no such a thing in America as an independent press, unless it is out in country
towns. ... There is not one of you who dares to express an honest opinion. If you
expressed it, you would know beforehand that it would never appear in print. … The
business of a New York journalist is to distort the truth, to lie outright, to pervert, to vilify,
.... You know this, and I know it … Our time, our talents, our lives, our possibilities, are all
the property of other men. We are intellectual prostitutes.” -- John Swinson (1829-1901)
Scottish-American journalist, newspaper publisher, and orator, made at the "Journalists'
Gathering" in the rooms of the Twilight Club in the Mills Building, New York City, on April
12, 1883
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Crowds do a better job …
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But it’s not that simple …. (of course)
• 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.
• 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.
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Trive is the solution
• Nash Equilibrium game to incentivize primary research into news articles.
• Source crowds to do primary research on news stories.
• Pay them with Trive Coin for research, verification and curation.
• Hash/Stash results to permanently store all research, analysis and data.
• Monetize for $1/month using a browser plugin.
• Checks and Balances to ensure research quality.
• Anonymous wallets with reputation score with random selection. No Bias.
• Scoring of accuracy, bias and coordination over time to ensure no collusion.
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•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
•Bitcoin since 2013
Murray Barnetson
CFO
•CEO@CoinOutlet
•PM@NorthPoint
•DevMgr@Nielsen
•US Navy
•Bitcoin since 2012
Eric Grill
CTO
•Founder@Truth-in-Media
•CMO@BenSwann
•Bitcoin Since 2014
Sam Eaton
CMO
Executive Team
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Mike Lorrey
•BitGold
•FamilyOffice.VC
•Stokens
David Orban
•Founder Network Society Ventures
•Faculty and Advisor Singularity University
Matt McKibbin
•Chief Decentralization@d10e
•Advisor to Humaniq
Keith Ng
•CEO Gametize
•#7 ranked Gametization expert worldwide
Tiffany Madison
•Dir Investor Relations@MGT
•Cofounder@D10e
•Campaign manager@McAfee
Wiley Mathews
•MD@Blis
•Founder @ InAppMedia
•USMobileDir @ OMD
Advisors
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News readers
World wide 3 Billion
300 million serviceable
15,000,000 customer at
5% penetration
TAM/SAM/SOM
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
Hash/Stash Yes No No No
CrowdSourced Yes Yes No No
Decentralized Yes No No No
Bounties Yes No No No
UnBiased Yes Maybe? Partly No
Page 10
Token Sale & Equity Investment Overview
Private PreSale Public PreSale Public Sale Tranche 1 Public Sale Tranche 2
Ongoing Oct 16 – Nov 15 Nov 15 – 30 Dec 1 – 15
50% Discount 30% Discount 20% Discount 0% Discount
$0.075 / TRV $0.10 / TRV $0.125 / TRV $0.15 / TRV
Min $10,000 Max $10,000 Max $10,000 Max $10,000
Equity investment
opportunity
Total Coin Created 1,000,000,000 TRV
Coins being sold 250,000,000 TRV
Minimum Goal $1,000,000 USD
Max Goal $25,000,000 USD
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• 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 coin by
participating in the
flagging of innacuries
• Positive reputation events
when contributing to the
process
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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
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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
Help us kill fake newsRage, Rage against the dying of the light.
“I have sworn upon the
altar of God, eternal
hostility against every
form of tyranny over
the mind of man.
“Thomas Jefferson
The NY Times apologized TWICE in the last election.