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Revainrating 4 out of 5

The project’s first stablecoin, and the flagship token of the platform is the…

The project’s first stablecoin, and the flagship token of the platform is the TrueUSD (TUSD), which is a stablecoin that is pegged to the U.S. dollar and claims to maintain as 1:1 ratio with the USD. The TrustToken team is betting that the TrueUSD will be the first of many asset-based tokens on the platform

Pros
  • The team behind TrustToken brings a depth of knowledge and experience that is expected to help the project succeed and potentially exceed expectations. In addition to the trio of founders the TrustToken team consists of a full complement of developers and marketing professionals, as well as a solid group of project advisors.
Cons
  • TrustToken is attempting to tokenize real-world asset in a way that is realistic given the current state of money and banking. It offers institutional investors a way to enter the cryptocurrency ecosystem without exposing them to unnecessary and unfamiliar risks. However, the fact is that it still does not work

Revainrating 5 out of 5

impressive

impressive

Pros
  • impressive
Cons
  • impressive

Revainrating 4 out of 5

TrueUSD is a USD-backed ERC20 stablecoin that is fully collateralized, legally…

TrueUSD is a USD-backed ERC20 stablecoin that is fully collateralized, legally protected, and transparently verified by third-party attestations

Pros
  • TUSD maintains stability by remaining asset backed. This gives TrustToken a substantially different target audience when compared to BaseCoin and MakerDAO
Cons
  • It has not yet been generally know and accepted in the blockchain community

Revainrating 5 out of 5

USD is already the industry standard and used as the fiat currency base…

USD is already the industry standard and used as the fiat currency base trading pair. We’re starting with US Dollars - TrueEuro, TrueYen, and stable baskets of tokenized goods (including precious metals and real estate) may be future projects. People will be able to create their own baskets, and markets can decide which baskets are the best stable currencies.

Pros
  • TrueUSD (TUSD) is very stable and has a fixed price. Most of these coins are tied to the price of an electronic currency in a particular fiat currency. The nice thing about coin is its stability. Compared to other currencies such as Basecoin and MakerDAO, which operates on a proprietary basis, TrueUSD is supported by assets. It offers some benefits over other stablecoin including acquisition to anyone who has passed their KYC and Anti-Money Laundering checks.
Cons
  • Every TrueUSD is always fully collateralized by USD, held in a professional trust company’s escrow account. Our publicly audited smart contracts mint TrueUSD when USD clears the escrow accounts and burns TrueUSD when USD is redeemed to ensure a 1:1 parity between the TrueUSD in circulation and USD in the escrow accounts.

Revainrating 4 out of 5

The next logical step in tokenization is other real world assets being…

The next logical step in tokenization is other real world assets being tokenized via smart contracts. This could allow people to own parts of rental properties or copyrights or other income producing assets that allow the holders to collect a part of the income in relation to their token ownership, all managed securely and without costs by smart contracts.

Pros
  • The TrustToken team feels that the TUSD is complimentary to other existing stablecoin projects such as Tether, BaseCoin and MakerDAO. TrustToken is somewhat different from BaseCoin and MakerDAO since they use algorithms to maintain stability, while TUSD maintains stability by remaining asset backed. This gives TrustToken a substantially different target audience.
Cons
  • The team admits that algorithm based solutions are exciting possibilities, but notes that they haven’t been tested or proven in the real-world. The TrustToken team feels that some investors will find added security in a token that is backed by fiat currency sitting in an audited bank account. In the future there should be use cases for both asset based and protocol based stablecoins.

Revainrating 4 out of 5

TrueUsd has definitely come to stay and gain grounds as the only one and truly…

TrueUsd has definitely come to stay and gain grounds as the only one and truly stable coin that can be counted on as against Usdt(tether) that has rumoured to be a walking time bomb due to massive manipulation and lots of shady things going underground

Pros
  • As the name implies, TrueUSD is a fiat gateway or get away for cryptocurrency traders. it's an avenue to stay safe and get a non volatile price cryptocurrency.
Cons
  • It has not yet been generally accepted by the cryptocurrency community as it can only be traded on few exchanges when compared to tether which is more or less a default to all exchanges

Revainrating 4 out of 5

Currently, TrueUSD is backed by the USD. In the future, TrueEuro, TrueYen and…

Currently, TrueUSD is backed by the USD. In the future, TrueEuro, TrueYen and stable baskets of tokenized goods (including precious metals and real estate) may be developed. The plan is for individuals to be able to create their own baskets of tokenized goods, with the market deciding which assets are the best stable currencies. The long-term goal for TrueUSD is to become a stablecoin that the industry can trust.

Pros
  • TrueUSD is a stablecoin that is fully collateralized by the USD dollar, meaning that that each 1 TUSD is redeemable for $1.00 USD. It also offers legal protection and full transparency. The company behind it, TrustToken, allows the development of asset-backed tokens that can be bought and sold around the world. TrueUSD is the first asset token created on the TrustToken platform.
Cons
  • TrueUSD tokens are always backed by the same number of dollars in the escrow account used to collateralize the tokens. Ensuring this 1:1 parity maintains that the tokens are redeemable, which is necessary to maintain each TrueUSD as equal to $1.00.

Revainrating 5 out of 5

TrueUSD is a USD-backed ERC20 stablecoin that is fully collateralized, legally…

TrueUSD is a USD-backed ERC20 stablecoin that is fully collateralized, legally protected, and transparently verified by third-party attestations. TrueUSD uses multiple escrow accounts to reduce counterparty risk, and to provide token-holders with legal protections against misappropriation. TrueUSD is the first asset token built on the TrustToken platform.

Pros
  • It's the world's first legally backed stable coin. TrueUSD token is developed on the etherium platform (ERC20 token) which already has alot of support. It has a well experienced and supportive team. It boast of a very large investors and partners.
Cons
  • Since it is issued in erc20 blockchain so some time there maybe show transaction error so be careful before transferring. We need take care of it when there is less traffic then we should do transaction as our transaction process fast. Also there is only a group they should create more groups in local languages

Revainrating 4 out of 5

TrustToken is a relatively new platform that was created with the vision of…

TrustToken is a relatively new platform that was created with the vision of making tokenized assets available. These are cryptocurrencies that are also known as “stablecoins” because their price tends to remain more stable since they are pegged to real-world assets.

Pros
  • TrueUSD is a USD-backed ERC20 stablecoin that is fully collateralized, legally protected, and transparently verified by third-party attestations. The TrueUSD token will use multiple escrow accounts to reduce counterparty risk as well as giving holders legal protections against theft.
Cons
  • TrueUSD is also facing headwinds due to its similarity to Tether, but it can possibly overcome those with its laser focus on institutional investors. That may eventually lead to specialized tools that Tether won’t possess.

Revainrating 5 out of 5

TrueUSD provides its token holders regular attestations of escrowed balances…

TrueUSD provides its token holders regular attestations of escrowed balances, full collateral, and also the legal protection against misappropriating underlying USD. The team believes that TrueUSD will be able to come up with the stable trading instrument for the traders of cryptocurrency that has been long-awaited. This will allow the businesses and consumers to use the digital currency as a medium of an exchange.

Pros
  • At this time it is very difficult to find a safe investment, but I see that trueUSD is supported by USD and guaranteed fully legally, blockchain has been successfully adopted into the trueusd system and it makes trueusd have high transparency.
Cons
  • TrueCoin is a stablecoin aimed at providing a more transparent replacement for Tether and its USDT digital token. However, I do not know if it can do that, does it have problems like Tether. And not much information about the company

Revainrating 5 out of 5

This is a great platform because of the complexities of cryptocurrencies, this…

This is a great platform because of the complexities of cryptocurrencies, this platform is like simplifying and projecting the real value of your crypto based on US Dollars.

Pros
  • This is a brilliant idea for me knowing that there are so many cryptocurrencies you can trade, but this idea or platform gives the value of your cryptocurrency (if it is available for a certain exchange) really exact to the US Dollars.
Cons
  • There are no cons for this platform.

Revainrating 4 out of 5

At present, the TrueUSD (TUSD) is backed by the American dollar. In the years…

At present, the TrueUSD (TUSD) is backed by the American dollar. In the years to come, there is scope for other like TrueEuro as well as TrueYen and a host of stable tokenized goods such as but not limited to precious metals and real estate to be developed.

Pros
  • TrueUSD uses multiple escrow accounts to reduce counterparty risk and to provide token-holders with legal protections against misappropriation. It is also the first asset token built on the TrustToken platform-which is a platform to create asset-backed tokens that you can easily buy and sell around the world
Cons
  • TRUESD age limits. Not everyone can buy and use easily. TrueSD's growth problem has many problems and has not been resolved thoroughly. This has had a great impact on its growth rate in the face of fierce competition with other projects today.

Revainrating 5 out of 5

I love stablecoins

I love stablecoins

Pros
  • TrueUSD is a stablecoin, or a cryptocurrency with a fixed price. Most of them peg, or attach, the price of the cryptocurrency to a fiat currency such as the dollar. This is in contrast to most cryptocurrencies which are known for their price volatility. Currently, TrueUSD is backed by the USD. In the future, True Euro, TruYen and stable baskets of tokenized goods (including precious metals and real estate) may be developed. The plan is for individuals to be able to create their own baskets of tokenized goods, with the market deciding which assets are the best stable currencies.
Cons
  • Has no cons, best for trading

Revainrating 4 out of 5

TrueUSD is an ERC20 token that uses several escrow accounts in order to…

TrueUSD is an ERC20 token that uses several escrow accounts in order to protect its holders from counterparty risk and misappropriation. It is listed on several cryptocurrency exchanges — Binance, Bittresx, Upbit, HitBTC, Bitso, and Cryptopia to mention a few.

Pros
  • All team members are based in the USA and educated at notable American universities such as Stanford, UC Berkeley, Carnegie Mellon University, Yale, University of San Fran, University of California, Northwestern University, University of Texas at Austin, Grinnel College, University of Pennsylvania, and Arizona State University.
Cons
  • I cannot say much about TrustToken’s use case because there is no Whitepaper nor Deck which explains how it works. Since there is no published Roadmap, I have no idea how this project will progress. For those who are interested in bite sized information about the team members, you’d have to take a deep dive into each of their LinkedIn accounts.

Revainrating 5 out of 5

Overall I think this is good, trueusd uses the blockchain platform, data…

Overall I think this is good, trueusd uses the blockchain platform, data processing is also very fast, their security is also very high, this is a project that has officially adopted blockchain with the law, so their level is higher.

Pros
  • At this time it is very difficult to find a safe investment, but I see that trueUSD is supported by USD and guaranteed fully legally, blockchain has been successfully adopted into the trueusd system and it makes trueusd have high transparency.
Cons
  • Their platform is a little difficult

Revainrating 4 out of 5

TrueUSD is a USD-backed ERC20 stablecoin that is fully collateralized, legally…

TrueUSD is a USD-backed ERC20 stablecoin that is fully collateralized, legally protected, and transparently verified by third-party attestations. TrueUSD uses multiple escrow accounts to reduce counterparty risk, and to provide token-holders with legal protections against misappropriation. TrueUSD is the first asset token built on the TrustToken platform.

Pros
  • Cryptocurrency traders want a trustworthy stablecoin to hedge against volatility, and enter crypto markets without immediate exposure to BTC/ETH.
Cons
  • TrueUSD tokens you now hold are effectively certificates that can be redeemed for fiat USD. To redeem them, you send TrueUSD tokens back to the TrustToken, which activates a smart contract that will burn the amount of tokens you wish to exchange. TrustToken then notifies the bank holding the corresponding amount of USD in escrow, and they wire the USD directly to your bank account so i fell inconvenience

Revainrating 5 out of 5

overall this is very interesting, they really care about customers, withdrawal…

overall this is very interesting, they really care about customers, withdrawal in huobi is also very fast, HT is also very good because of trading support in huobi, Huobi token already has a large market, it is a successful and good project to invest

Pros
  • secure investment with the trueUSD platform supported by USD and fully legally guaranteed, they use the blockchain basis for transactions, and that is high transparency.
Cons
  • they must improve marketing

Revainrating 5 out of 5

TrustToken takes a realistic look at the state of cryptocurrency versus…

TrustToken takes a realistic look at the state of cryptocurrency versus traditional banking, offering institutional investors a pathway to crypto investing without the associated risk.

Pros
  • TrueUSD has been created with a few use cases in mind including simple financial services, trading, and online commerce. Although a very diverse infrastructure can be built around the TUSD token and other upcoming TrueCoins, the potentially strongest use case is as a replacement or alternati
Cons
  • TrueCoin also has a unique legal framework that allows users to exchange USD directly with a custodial account – so TrueCoin never touches the funds

Revainrating 3 out of 5

TrueUSD provides its token holders regular attestations of escrowed balances…

TrueUSD provides its token holders regular attestations of escrowed balances, full collateral, and also the legal protection against misappropriating underlying USD. The team believes that TrueUSD will be able to come up with the stable trading instrument for the traders of cryptocurrency that has been long-awaited. This will allow the businesses and consumers to use the digital currency as a medium of an exchange.

Pros
  • TrueUSD utilizes multiple escrow accounts to reduce counterparty risk, and to provide cardholders with legal protection against expropriation. TrueUSD is the first property token built on the TrustToken platform.
Cons
  • TrueUSD doesn't capture funds that are acquired with a degree of transparency. Lack of stability and transparency are few things in doubt

Revainrating 5 out of 5

True USD has been created with a few use cases in mind including simple…

True USD has been created with a few use cases in mind including simple financial services, trading, and online commerce. Although a very diverse infrastructure can be built around the TUSD token and other upcoming TrueCoins, the potentially strongest use case is as a replacement or alternative to USD on cryptocurrency exchanges

Pros
  • TrueUSD is a stablecoin, or a cryptocurrency with a fixed price. Most of them peg, or attach, the price of the cryptocurrency to a fiat currency such as the dollar. This is in contrast to most cryptocurrencies which are known for their price volatility. Currently, TrueUSD is backed by the USD. In the future, True Euro, TruYen and stable baskets of tokenized goods (including precious metals and real estate) may be developed. The plan is for individuals to be able to create their own baskets of tokenized goods, with the market deciding which assets are the best stable currencies.
Cons
  • TrueCoin is a stablecoin aimed at providing a more transparent replacement for Tether and its USDT digital token. However, I do not know if it can do that, does it have problems like Tether. And not much information about the company