User:Bryantsymph/sandbox/Trive

Trive

Founded	2017
Founder	David Mondrus
Headquarters	New York City, New York, US
Key people	David Mondrus (CEO) Murray Barnetson (CFO) Rita Golub (COO) Eric Grill (CTO) Sam Eaton (CMO)
Website	trive.news

Trive is an American social science consensus engine that researches and clarifies facts through Human Swarmed crowd wisdom. Trive incentivize people who research news stories through cryptocurrency with their own coin, Trive Coin.

Trive is set to have its Initial Coin Offering (ICO) on November 2017. As of October 2017, they are at the Pre-ICO phase.

Background

During the 2016 United States Presidential Elections, #FakeNews entered the popular narrative. The competing disinformation interests consisting of United States, Russian News and other media sources, new social media outlets like Breitbart and Huffington Post, and the abject failure of mass-media polling to predict the outcome of the 2016 United States general election demonstrated that the current news process is broken. From the situation, Trive was founded to establish a platform that determines the “truth” in most scenarios. For the system to work, Trive created the "wisdom of crowds" process to quickly perform analysis on news stories.

Process

To enforce system behavior and to prevent users from “gaming” the process, Trive ensures that all participants are pseudonymous, that witnesses are assigned randomly, and that no one can participate in the same game in more than one role. Trive has 5 types of “players”. Each “player” is a pseudonanymous wallet with an attached reputation score with no personal information collected.

Players

• Consumers - player who consumes the news and send stories of interest to the marketplace for Curators to find and research;
• Curators - bids on stories and publish lists of article claims with an incentive to maximize profit, reduce research costs and deliver quality;
• Researchers - are players who are incentivized to find and document convincing true data quickly and efficiently;
• Verifiers - verifies the supporting evidence collected by the Researchers above, and are rewarded if/when the Researcher’s err;
• Witnesses - reviews research and participate in the truth scoring process, earning a small fee and enjoying the truth discovery process.

Each of these roles have a set of incentives that maximizes the search for the truth and minimizes gaming.

Wisdom of the Crowds

The “wisdom of crowds” is the collective opinion of a group rather than that of an individual. A collective's aggregated answers to questions, such as spatial reasoning, has generally been found to be often better than answers given by a single individual.

In the case of Trive, Human Swarming is the specific methodology followed. Designed as an optimized method for unleashing the “wisdom of crowds”, this approach implements real-time feedback loops around synchronous groups of users, with the goal of achieving more accurate insights from fewer numbers of users. Human Swarming (sometimes referred to as Social Swarming) is modeled after biological processes in birds, fish, and insects; and is enabled among networked users by using mediating software such as the Unanimous A.I. collective intelligence platfrom.

Nash Equilibrium

Trive seeks to establish a Nash Equilibrium among game participants such that only by acting within game boundaries are the participants rewarded for their output. Another objective is to create antagonistic relationships between some participants to create a series of “checks and balances” to reduce system gaming.

Further reading

• Wales, Josie (September 27, 2017). "CRYPTO START-UP TRIVE TO COMBAT FAKE NEWS USING BLOCKCHAIN TECH, CRYPTOCURRENCY". The Daily Sheeple. Retrieved 5 October 2017.

External Link

• Trive – official site