![]() | WeTrust (TRST) |
A decentralized collaborative savings and insurance platform. It is eliminating the need of a “trusted third party”, which allows for lower fees, improved incentive structures and a greater amount of capital to reside among the participants
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What is WeTrust
- Will allow users to form and manage their own digital Rotating and Saving Credit Association platform (ROSCAs) on the Ethereum blockchain - Will reward users for recruiting new members, managing ROSCAs, or performing other services on the WeTrust platform (70% of fees are distributed back to users) - Decentralized: enables elimination of reliance on payment processors, reduces costs associated with fees and bureaucracy, and protects against fraud - Autonomous: transactions provided by Smart contracts - Frictionless: system designed the way that customers do not even know they are running on blockchain technology (Mobile App) - Lower fee: 0.1 to 5% transaction fee - Users will be incentivized to use their real world identities
WeTrust Roadmap
Whitepaper published
Website launched
ROSCA MVP with basic functions
Intermediate ROSCA (additional tokens, dashboard)
Advanced ROSCA and Credit Profile
Token Sale Dates
ICO
Funding Details
Token distribution
100 Million Trustcoins (TRST) will be issued once the crowdsale is concluded. Of the 100 Million Trustcoins: - 80 Million Trustcoins will be sold to the token sale participants - 10 Million Trustcoins will be kept for the founding team - 8 Million Trustcoins will be used to future expenses, marketing, additional team members - 2 Million Trustcoins will be used for token sale bounties A minimum threshold: 1,500 BTC. Max cap: 12,000 BTC.
Token Price and Payment Options
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