TruSet Beta Comp 10 Results and Comp 11 Kick Off

TruSet Beta Competition 10 completed on Thursday 5/2/19. Competition 11 kicked off the same day and will run until Thursday 5/16/19.

Our community delivered a record amount of work. With our new reward model of 1 TRU = $1USD, our community actually exceeded our cap, earning 3528 TRU tokens during the competition. As a result, we will pay out the cap of $3,000 worth of ETH (18.637 ETH at an exchange rate of $160.93 per ETH)

We are now up to 188 tokens with validated data on TruSet. Of those 188, 183 tokens have 5 or 6 validated sections. On Thursday 2-May, we added 12 more tokens for community publication and validation, which will bring our validated coverage to 200 tokens shortly.

Our community is getting better at publishing, with a significantly higher percentage of proposals being validated and accepted by our community, To preserve the incentives for high quality publishing, accurate validation, and eliminate opportunities to game the process, we have adjusted the TRU reward levels - see below for details.

Check out our data on the TruSet dApp. No onboarding required to view validated data.

Beta Sections Chart Week 21.png

Join our Slack and Telegram to talk to the TruSet team and hear from the Beta community!

Competition 10 Results

As of the close of Comp 10 at May 2 at 10am EST.

Comp 10 Results.png

Competition 11 Rules

Comp 11 will run fromMay 2 - May 16. Comp 11 will also pay out rewards as 1 TRU = $1 USD.

Reward levels for publishing and validating have been changed for Comp 11 to reflect the increasing accuracy of published proposals and to preserve the incentives for high quality publishing, accurate validation, and eliminate opportunities to game the process

Prizes will be calculated in USD, but paid out in ETH, based on the ETH-USD exchange rate at 10am eastern time the day the competition closes. Comp 11 rewards will be capped at $3,000.

Comp 11 Staking.png

If you would like to sign up for out Beta and earn ETH prizes click here.
If you're having any trouble onboarding or have other questions, please email us at support@truset.com.

William Janensch