<aside> 🎉 We finally have a Whitepaper! Here it goes: https://trood.com/trst/whitepaper Join the Community to contribute and to launch your TRST!

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TRST is a great opportunity to launch and scale a business project, empowered by Web3 technologies and breakthrough protocols for funding, business promotion, and team motivation

<aside> ✳️ If you need a general explanation on tokens, please refer to https://www.coinbase.com/learn/crypto-basics/what-is-a-token and https://smithandcrown.com/glossary/revenue-sharing-token/ before diving into here

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Trood Revenue Share Token (TRST) is a family of tokens for tech product launch and scaling, enabling Web3 for traditional business. TRST tokens allow product creators to quickly attract funding and motivate team members while letting token holders get a revenue share of TRST-powered projects. An important part of TRST model is that it is not considered as a security crypto asset and so can be used by businesses in almost any jurisdictions.

<aside> 👽 Dear Human! We encourage you to join our Community and participate in Trood Token Engineering and Trood DAO establishment. Please feel free to comment any part of the document, or fork it and send us your version. Anyways, please join us via Discord or TokenHunt or email. If you need assistance in order to understand what is it and how it works, please reach us out the same way and we’ll be happy to tell you anything in person!

You might also wish seeing this video tutorial on TRST:

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https://youtu.be/U-u_Dn02w04

Token Overview

Growing an ecosystem for tech product launch and scaling, we’ve been dealing a lot with typical product creators problems, which we solve with TRST. Non-tech teams often face the very same problems, which might also be solved by this technology.

The first public version of TRST is now being worked out within the Community. We encourage everyone to participate.

The first verson of TRST:

<aside> 💁‍♀️ An example of using TRST

  1. Alice wants to launch her fashion brand. She needs some money and a designing partner. She understands she might attract customers and investors to the brand, but first she needs to wrap up her concept, create some prototypes and collect enough pre-orders to show that her ideas make noise
  2. Alice decides to gather $10k for a quick start before she raises from professional investors and build up a full team. On TRST platform, Alice use TRST Contract Builder to issue 10.000 TRST-based ALICE_RST, setting up the following options in :
  3. Alice gets a link by which anyone can participate in her project buying some tokens
  4. As Alice reaches enough amount of money to start, she can move forward! She gets a wallet to which she will send money to buyback tokens fulfilling her promises as the project matures
  5. Alice can also apply to TokenHunt.club meta accelerator, to get buyback insurance for her tokens in order her project faces some difficulties, and to get additional marketing and fundraising boost
  6. As Alice’s project matures, she can create more sophisticated TRST token and offer a token upgrade exchange, or fully buyback all the tokens she issued on the first step and create a new offer, for example Community NFT tokens with her designs as collectible items

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General concepts of TRST usage can be found in Trood Web3 Doctrine