Quote from: SpacemanOne on February 08, 2017, 11:36:21 PM

Why don't you answer any questions about the TRST token economic basis?

Quote from: housebtc on February 04, 2017, 05:27:51 AM

I read your Whitepaper yesterday, what I can understand from it is that you want to create a platform where a group of people can come together a create a ROSCA (saving scheme is my part of the world). I don't understand how your token will increase in value also the issue of trust, how is this going to be enforced, I have BTC on BTCjam.com that has not been refunded because the borrower run away with the borrowed money

Quote from: AWildKeccakAppears on February 05, 2017, 12:24:22 AM

I'm trying to understand the economics behind the TRST coin and why one should invest early. So I assume that each ROSCO unit will be putting funds into the contract that's somehow denominated by crypto. How does activity of a ROSCO affect the price of TRST? I'm assuming they're not required to buy and hold ROSCO to use the app, but there's some user friendly way to transfer funds in a local currency to whatever is managed by the app. Is TRST then being bought from the market at market rates? If some kind of pegged token is used, is that bypassing the TRST token altogether?

Why is TRST token attractive for crowdsale participants?

What profit sources exist for the TRST token holders?

@SpacemanOne: Apologies - I think they might've slipped by. It's been hectic. I hope you understand.

Q: Why is TRST token attractive for crowdsale participants?
There will only be 100M Trustcoins (TRST) in existence and no more will be created after the crowdsale. The coin will be essential for our trusted lending circles (aka, ROSCAs) to function (as all fees will be quoted in terms of Trustcoin). Future features that will be developed out from the trusted lending circles will also require Trustcoins as their "fuel"/ collateral. Does this help? Let me know if you have any questions - we're currently working on a nicely written blog post that goes into high detail about our coin to help the general audience.

Q: What profit sources exist for the TRST token holders?
Under advice from our lawyers, I cannot comment on how TRST tokens are a "profit source". That is for you to decide. However, I can provide you a piece I wrote on "crowdsale analysis".

https://docs.google.com/document/d/1bslchS9qtCQBzQvX2mV2yr18PppLXr7saT6x73-uMTk/edit?usp=sharing