Trive: Crytocurrency Program Crushing Fake News
Trive is global, decentralized network that uses the wisdom of crowds to analyze news stories and discover truth.
The Problem
Decisions based on bad information are bad decisions. Verifying information takes more time than most people can spare. Media revenue models monetize attention regardless of truth content, and there is no accountability loop for poor quality media. Trust in online media is low.
The Solution
Trive is a social science consensus engine that researches and clarifies information through “Human Swarmed crowd wisdom.” Drawing on game theory, Trive incentivizes people to do primary research into news stories by compensates them with its own crypto currency, and stores the results securely on the BlockChain. The less truth a story contains, the more difficult it becomes to access, punishing publishers that disseminate fake news and rewarding those that stay honest.
Stage of Development
- Early Stage
- Established Prototype
- Scaling
- Other
Organization to Receive Funds
Trive
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