Trive truth discovered david@trive.news Page 1 Fake news is a - - PowerPoint PPT Presentation

SLIDE 1

Trive

The truth is the truth no matter who speaks it.

david@trive.news truth discovered …

Page 1

™

SLIDE 2

Fake news is a problem

Page 2

SLIDE 3

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

SLIDE 4

Crowds do a better job …

Page 4

SLIDE 5

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.

Page 5

SLIDE 6

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

SLIDE 7

• 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@NorthPoin
• DevMgr@Nielsen
• US Navy
• Bitcoin since 2012

Eric Grill CTO

• Finance@

Northwestern Mutual

• Co-Founder@

PsychHub

• Strategy/Ops@

Optimity

• MBA@Cornell
• Bitcoin since 2015

Rita Golub COO

• Founder@Truth-in-

Media

• CMO@BenSwann
• Bitcoin Since 2014

Sam Eaton CMO

Executive Team

Page 7

SLIDE 8

Tatyana Bragina Thomas Smith Joseph Santaniello Tsolmondorj Natsagdor James M Ray Jennifer Lee Curry Josie Wales Molly Jacobson Jamie Kreft Joyce Mondrus

Operations Team

Page 8

SLIDE 9

Mike Lorrey

• BitGold
• FamilyOffice.VC
• Stokens

David Orban

• Founder Network

Society Ventures

• Faculty and Advisor

Singularity University Matt McKibbin

• Chief

Decentralization@d10 e

• 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

Page 9

SLIDE 10

Page 10

News readers World wide 3 Billion 300 million serviceable 15,000,000 customer at 5% penetration

TAM/SAM/SOM

Monthly Revenue # of sales Price per sale Total 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

SLIDE 11

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

SLIDE 12

10% 10% 50% 30%

ICO Development ICO Road Show Product Development Legal, G&A

Raising $350,000

Page 12

SLIDE 13

Help us kill fake news

Rage, 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.

david@trive.news

Page 13

SLIDE 14

Page 14

• 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

SLIDE 15

Page 15

Trive Dac (Wallet in Tray) Final Research file JSON call for each URL on supported page

Media Clients

CNN/Breitbart/Huff Po Ben Swann/Mike Shapiro

Trive Corp Consumers Other Use/Cases

Truth Consumption Trive Storage Module

Trive Browser Plugin

Curator Viewers/Jury Researchers (1..n) Verifiers (1..n)

Marketplace

• f Stories

Truth Production

SLIDE 16

Page 16

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
• f tokens associated with it

donated by consumers and truth seekers

• Consumers will be able to buy

Trive tokens on exchanges or

• n 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 P

Difference 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 poll Poll 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