[ANN][PRESALE][TRU] TRU REPUTATION NETWORK: Decentralized Proof Of Reputation

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Company Update:

We're pleased to announce that two new hires have joined our team, they are:

Elizabeth Silva, Project Engineer

Michael Conway, Project Engineer

More news coming soon!

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Explainer video now added. Check it out at the top to get a quick explanation of what the Tru Reputation Network is, and how it's going to change the world.

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We've had the Semantic Terms Feedback Patent provisionally valued- and the news is pretty awesome, so I wanted to share it in a quick update.

Before I give the value, a bit of context: Patent valuations have a few methods for calculating the value over the patents lifetime as they provide 20 years of monopoly on the system in use (and the way the patent is constructed, essentially bars anyone from using a system of feedback derived from the more natural semantic language methodology given the claims made and the system design). In our case, we've used the income-based method for valuation (Discounted Cash Flow)- and that leads to a range.

So, the valuation range is: $180 Million USD to $320 Million USD based on current market opportunity as value over the course of its lifetime. Again this is provisional, and was calculated as we talk to several VCs, but I wanted to share it given it's wide ranging effect.

I've certainly had worse news on a Saturday morning.

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Want to see the Tru Reputation Protocol in action?

This is how easy to use the feedback system is (taken from Trubador's implementation):



And that feedback provides this easy and powerful capability for searching based on reputation: