The truth is the truth no matter who speaks it. · The truth is the truth no matter who speaks it....

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Trive The truth is the truth no matter who speaks it. [email protected] truth discovered … Page 1

Transcript of The truth is the truth no matter who speaks it. · The truth is the truth no matter who speaks it....

Page 1: The truth is the truth no matter who speaks it. · The truth is the truth no matter who speaks it. david@trive.news ... •Cofounder@D10e •Campaign manager@McAfee Wiley Mathews

Trive

The truth is the truth no

matter who speaks it.

[email protected]

truth discovered …

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Page 2: The truth is the truth no matter who speaks it. · The truth is the truth no matter who speaks it. david@trive.news ... •Cofounder@D10e •Campaign manager@McAfee Wiley Mathews

Fake news is a serious problem

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Page 3: The truth is the truth no matter who speaks it. · The truth is the truth no matter who speaks it. david@trive.news ... •Cofounder@D10e •Campaign manager@McAfee Wiley Mathews

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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Page 4: The truth is the truth no matter who speaks it. · The truth is the truth no matter who speaks it. david@trive.news ... •Cofounder@D10e •Campaign manager@McAfee Wiley Mathews

Crowds do a better job …

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Page 5: The truth is the truth no matter who speaks it. · The truth is the truth no matter who speaks it. david@trive.news ... •Cofounder@D10e •Campaign manager@McAfee Wiley Mathews

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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Page 6: The truth is the truth no matter who speaks it. · The truth is the truth no matter who speaks it. david@trive.news ... •Cofounder@D10e •Campaign manager@McAfee Wiley Mathews

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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Page 7: The truth is the truth no matter who speaks it. · The truth is the truth no matter who speaks it. david@trive.news ... •Cofounder@D10e •Campaign manager@McAfee Wiley Mathews

•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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Page 8: The truth is the truth no matter who speaks it. · The truth is the truth no matter who speaks it. david@trive.news ... •Cofounder@D10e •Campaign manager@McAfee Wiley Mathews

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

Page 10: The truth is the truth no matter who speaks it. · The truth is the truth no matter who speaks it. david@trive.news ... •Cofounder@D10e •Campaign manager@McAfee Wiley Mathews

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

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Page 11: The truth is the truth no matter who speaks it. · The truth is the truth no matter who speaks it. david@trive.news ... •Cofounder@D10e •Campaign manager@McAfee Wiley Mathews

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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Page 12: The truth is the truth no matter who speaks it. · The truth is the truth no matter who speaks it. david@trive.news ... •Cofounder@D10e •Campaign manager@McAfee Wiley Mathews

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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

Page 15: The truth is the truth no matter who speaks it. · The truth is the truth no matter who speaks it. david@trive.news ... •Cofounder@D10e •Campaign manager@McAfee Wiley Mathews

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.

[email protected] 15