The truth is the truth no matter who speaks it. Trive ™ truth discovered … david@trive.news Page 1
Fake news is a problem Page 2
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 Page 3
Crowds do a better job … Page 4
But it’s not that simple …. (of course) it isn't defining its own questions, In some cases crowds … are smarter • • the quality of an answer can be than the smartest people in them. • valuated by a simple result (such as a The three conditions for a group to be • single numeric value), and intelligent are diversity , the information system which informs independence & decentralization. • the collective is filtered by a quality The best decisions are a product of • control mechanism that relies on disagreement and contest. individuals to a high degree. no need to chase the expert. • Page 5
Trive™ is the solution Nash Equilibrium game to incentivize primary research into news articles. • Checks and Balances to ensure research quality • Trive™ Coin bounties for research, verification and curation • Anonymous wallets with reputation score with random selection. No Bias. • Hash/Stash to permanently store all primary research, analysis and data collection • Scoring of accuracy and bias over time to ensure no collusion • Ongoing economic priming via Trive™ Coin • Think Reddit/StackOverflow/PolitiFact/4Chan • Page 6
Executive Team David Mondrus Murray Barnetson Eric Grill Rita Golub Sam Eaton CEO CFO CTO COO CMO • CEO @ OMP • CryptoCFO@Twitter • CEO@CoinOutlet • Finance@ • Founder@Truth-in- Northwestern Mutual Media • CTO @ Bigstar • CPA@Ernst&Young • PM@NorthPoin • Co-Founder@ • CMO@BenSwann • Sr.Consultant@IBM • CEO@Prue Leith • DevMgr@Nielsen PsychHub • Bitcoin Since 2014 • Columbia MBA • CFO@X-Plor Group • US Navy • Strategy/Ops@ • Bitcoin since 2013 • Bitcoin since 2013 • Bitcoin since 2012 Optimity • MBA@Cornell • Bitcoin since 2015 Page 7
Operations Team Joseph Tsolmondorj Tatyana Bragina Thomas Smith James M Ray Santaniello Natsagdor Jennifer Lee Josie Wales Molly Jacobson Jamie Kreft Joyce Mondrus Curry Page 8
Advisors Mike Lorrey David Orban Matt McKibbin Keith Ng Tiffany Madison Wiley Mathews • BitGold • Chief • CEO Gametize • Dir Investor • MD@Blis • Founder Network Decentralization@d10 Relations@MGT • FamilyOffice.VC • #7 ranked • Founder @ Society Ventures e Gametization expert • Cofounder@D10e InAppMedia • Stokens • Faculty and Advisor • Advisor to Humaniq worldwide • Campaign • USMobileDir @ OMD Singularity University manager@McAfee Page 9
TAM/SAM/SOM News Monthly Revenue readers Price per World wide 3 # of sales Total sale Billion Browser Plugin 15000000 $1 $ 15,000,000 300 million serviceable Custom Hired 150 $25,000 $ 3,750,000 Research Priority Licensing 1 $1,000,000 $ 1,000,000 15,000,000 (annual) customer at 5% penetration Total $19,750,000 Page 10
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 11
Raising $350,000 10% ICO Development ICO Road Show 30% 10% Product Development Legal, G&A 50% Page 12
Help us kill fake news Rage, Rage against the dying of the light. “I have sworn upon the The NY Times apologized TWICE in the last election. altar of God, eternal hostility against every form of tyranny over the mind of man. “Thomas Jefferson david@trive.news Page 13
Browser Plugin • User choice: • True vs False Scores, • story visible Story gets darker as • the lie is stronger Story doesn’t appear • at all $1/month • • Can earn Trive coin by participating in the flagging of fake news Positive reputation events • when contributing to the process Page 14
Truth Truth Consumption Production Media Clients Consumers CNN/Breitbart/Huff Po Ben Swann/Mike Shapiro Other Use/Cases Trive Browser Plugin Trive Corp Trive Dac (Wallet in Tray) Marketplace of Stories Curator Verifiers (1..n) JSON call for Researchers each URL on (1..n) supported Viewers/Jury page Trive Final Research file Storage Module Page 15
Trive Co. Trive DAC Consumption Production • Bids on a story for with a price of V and a max of P Difference between V and P – C is her profit Trive Engine • If she wins the bid, she • Publishes a the claims sheet, a list of article claims Submits a new story Bids on a story • opens the case by staking the expected # of tokens to be spent based on the to the marketplace number of claims (n) Consumer • starts the timer Curator • Consumes Trive.news via Research Step 1 Stories Marketplace browser plugin Claims • Plugin is owned, managed and # distributed by Trive Co. • Contains a list of stories to be • Monthly subscription cost of # f(#) # researched submitted by $1/m paid to Trive Co. allocates # clients. a # of coins at market preferred # • Each story will have a number Researchers pricing. of tokens associated with it (1..n) • Plugin intercepts URL’s on donated by consumers and supported pages and changes truth seekers If a Verifier wants to the opacity. Less visible for • Consumers will be able to buy challenge a researchers negative, more visible for Trive tokens on exchanges or claim, e.g. it’s false , they positive. Review Step 2 on the marketplace from Trive can create their own • Stories are unique on URL - rebuttal reserch and submit Co. directly via BTC or FIAT. Anchors • Marketplace will be seeded by to a jury as an exception. # • Can submit stories to the # Trive Co. at first as a market # f(#) # marketplace with 0...n tokens. maker # • Tokens accumulate from all • Stories that are assigned but Verifiers # participants Exception (1..n) not completed within the • Greater # of tokens creates Score assigned time burn the tokens greater incentive for curators to donated + tokens staked pick up the story. # • Top 10 token submitters (by # size of donation) when the Jury (Curator & story is picked up get approval Verifiers Acceptance Step 3 10 witness) (1..n) rights. Approval is 1 wallet=1vote no matter how # many tokens # f(#) # # Consumers One of the narratives is # (1..10) selected via a time sensitive poll Poll results are bundled with the package Page 16
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