Trusted token data for the Web3 ecosystem
Join the TruSet community and earn rewards by creating accurate token data for Web3.
We’re running a Token Data Beta to test-drive our platform and help the community work together, earn rewards, and establish a foundational dataset for Web3. Beta community members will participate in staged competitions and have a chance to earn shares of over $20,000 worth of prizes. The prize pool for the first competition (Dec 6 – Dec 20) is 47.266... ETH (stored in a Trustology secure account), which will be distributed to the Beta participants who accumulate a net positive amount of TRU tokens during the competition period.
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Beta participants earn TRU tokens by publishing new content or validating others’ token data proposals.
Beta community members will participate in staged competitions. The prize pool for the first competition will be 47.266 ETH, which will be distributed to Beta participants who have earned the most TRU tokens.
Work with the community to publish, validate, and consume accurate reference data for the ecosystem’s top token projects.
December 6th – December 20th
The primary objective of TruSet's first Beta competition is to review (approve or reject) token data proposals. Participants can also author and publish token data proposals that can be voted on by others. Participants will earn TRU tokens if their proposals are validated or if they vote on other proposals correctly – meaning they vote with the majority of voters to approve accurate data and reject inaccurate data.
Participants will be funded with 200 TRU tokens when they join the competition to use for deposits needed for reviewing and authoring data proposals.
How to earn TRU tokens
Beta participants can earn TRU tokens by both voting on and authoring token data proposals. Voting on a token data proposal requires a 2 TRU deposit. The earning potential is a portion of a 10 TRU reward pool, shared by winning voters. Voters receive rewards if their vote is with the majority consensus of voters, in either approving or rejecting a proposal. Authoring and publishing a token data proposal requires a 10 TRU deposit, with the potential to earn a 10 TRU reward. Rewards are paid out if the proposal is approved by a consensus of voters.
Prize pools and payout
The rewards will be disbursed from a pool of $5,000 and sent directly to participants' MetaMask accounts after the competition. The prize pool will be divided according to participants’ TRU balances at the end of the competition (view our secure Trustology account to see the prize pool account on-chain).
View the TruSet Token Beta Webinar