In mid-January 2024, Bitcoin impulse broke through the 48 thousand level, although, as expected, it soon dropped to $37 thousand. However, the expectations of the entire crypto community for a new bull run are justified...
Each bull run had its new tokens, which grew significantly more than Bitcoin. Which altcoins will be relevant? What problems will be solved at this bull run that will determine the best investment option?
The breakthrough of 2023 is generative AI. Everyone has already heard about ChatGPT. However, few people yet realize the scale of the threats that will arise from the use of AI in everyday life. The volume of fakes on the Internet will increase by an order of magnitude, and this process has already begun.
It becomes very easy and cheap to create a fake website, image, audio, and video. Every day new fakes or phishing scams await you on the Internet, and the general culture of checking information sources is still at its lowest point.
AI is also shaping a new economy, new connections are needed, and new business relationships need to be established more and more quickly. In addition, the growth of global financial problems and restrictions, inflation, “cancel culture” and the arbitrariness of digital monopolistic platforms also give rise to a rapidly growing demand for new partners and new business schemes. How to choose partners, how to build conceptual relationships, and with whom is it better to negotiate? Who can and cannot be trusted? What can you trust and what should you never trust? Audio can already be faked on the fly, and video content also suffers the same fate.
We need a new approach to interaction via the Internet. And not just an approach, but a new technical solution that will form a new network culture of information verification and new norms that will be in use on any continent, in any business interaction.
TNS introduces the concept of Proof of Involvement into the crypto world (in addition to the well-known Proof Of Work and Proof Of Stake), which will allow you to assess the integrity of the participants in the interaction. TNS services will allow you to assess who you are dealing with online, which in the future will form cultural norms of behavior in the environment of digital economic interaction.
The True Connect token ($TRUE) will be used for:
• Purchasing names at auction at app.trustname.org
• Sending to name$ in the contract
• Output with name$ in the contract
• Functions in ecosystem projects
Trust is formed by linking various reliable information and services to the name belonging to the subject of interaction. Through this, TNS creates the contours of the future digital crypto-economy - an economy of global independent connections based on unfalsifiable reputation and information in the global digital space. In particular, TNS will become an effective tool for the formation of virtual corporations and digital interaction within such structures. TNS will take crowdfunding to a whole new level and will allow you to create networks of organizations with similar interests in the world of cryptocurrencies, as well as an effective direct marketing tool.
The TNS project implies explosive growth of the audience. This is about the long term and creating mechanics that will serve the world for many decades. This is the use of proven Web3 technologies to provide fault-tolerant services. It's about continuous improvement and developing a better user experience.
Trust in TNS name rights management is ensured by the openness of the digital contracts of the ETH network. The principle of indivisibility of digital security is observed instead of ensuring the security of some participants at the expense of the security of other participants.
A name can only be obtained through a contract auction, it is generated once and can be transferred and sold an infinite number of times. A name cannot be taken away, burned, or deleted; it cannot be blocked and cannot be reduced in rights over other names. The name is unique and cannot be repeated.
Names consist of lowercase Latin letters and numbers ranging from 2 to 22 characters in length. To identify a name according to the TNS standard, the ending “$” is used, for example, “name$”. This name can store $TRUE tokens as well as third-party digital assets. Records of this are contained in the name smart contract.
The $TRUE token is intended to be used as a medium of exchange in the TNS digital name ecosystem, including as a means of payment for the initial sale of names.
Regarding the token's value, the team's first strategic goal is to get it into the top 30 of CoinMarketCap with a market capitalization of over $2 billion.
After the sale of 2.5 million names, work will be deployed on its blockchain, where the generated TNS namespace will be used both for addressing network resources associated with names and for direct addressing of documents and digital objects.
TrustSpace
