Tresaro

TRESARO REVIEW

  • TRESARO’s blockchain will offer passive income perks by allowing token holders to earn and donate even more TRE by running a node.
  • A marketplace where people buy and sell clutter, while helping charities and crowdfunding initiatives
  • Most people are inherently altruistic. They really want to support crowd funding initiatives and donate to charities, but they never get around to doing it. TRESARO creates a whole new way of supporting charities by making it much easier and profitable for everyone. Now there’s no excuse to keep holding on to your clutter!

 

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IDEA:

  • The world’s first blockchain-based marketplace platform that combines three sectors: e-commerce, crowdfunding, and charity.
  • People can now buy and sell clutter with the option of donating TRE to their favorite charity. TRESARO will provide a trust rating to every charity and crowdfunding initiative, even to each user, based on their previous behavior on the platform.

PROTOTYPE PRODUCT:

ADVISORS:

  • They are looking for advisors who are passionate about the project and will work with them full time for the project. These advisors are rare to find. Currently they are managing quite well by themselves. Their team has lot of experience and some of them are advisors in other projects.

WHITEPAPER HIGHLIGHTS:

Tresaro – the decentralized marketplace for charity donations and crowdfunding with optional arbitration system

Functional structure; economic and fair play incentivization

  • The Tresaro model resolves (and requires) the following list of functional network participants:
  • SELLER – Peer wishing to exchange goods (including clutter) for tokens or wishing to directly donate goods for a cause.
  • BUYER – Peer wishing to possess particular goods (including clutter) in exchange for agreed token value. The same peer may donate arbitrary amount of tokens to a cause on top of the received goods’ cost;
  • CROWDFUNDING – Peer looking to raise funds for a personal or undisclosed cause. If the peer has passed KYC it becomes a licensed crowdfunding;
  • CHARITY – Peer looking to raise funds for a charitable organization;
  • ARBITER – Peer servicing the arbitrage polls as a voter. Arbitrage polls are Tresaro’s mechanism for mediating disputes between peers. To register as ARBITER, a peer must have at least 16 successful consecutive trades and rating above 32 points and to pass the KYC identification process;
  • CARRIER – Peer servicing the shipping of the physical goods. Any locally-licensed carriers or entities with rating above 100 points, that have also passed KYC, could apply for CARRIER function;
  • SERVER – Peer servicing distributed KV storage for Tresaro functional metadata – transactional, user-related, market place-related, etc. KYC is required;
  • KYC NODE – Peer servicing know your-client (KYC) identification
  • The following comparative table clarifies the incentivizations of any of the peer types, while norming the incentives by the ‘critical mass’ criterion.
  • There is an implicit incentive that corresponds to any peer type – the rating. Ratings stimulate fair play between peers. Lower rated peers have a lesser chance of remaining as active in their related functional performance on the marketplace. Various types of ratings are achieved by function-dependent, automatic or user feedback.
  • To incentivize the peer identification, KYC-processed peers are considered licensed. The licensed status imposes higher limits on the performed functional constraints.
  • For example, a SELLER with a higher trading rating has a better chance of populating her items on the network than SELLERs with lower rating. Or an ARBITER with lower arbitration rating has less chance to be selected to participate in an arbitration poll than an ARBITER with higher arbitration rating
  • Architecture

To address most of its decentralized economy-induced challenges, Tresaro is utilizing a private SWARM network:

 

TRE SWARM Servicing Protocol (TRE-SWARM)

This protocol governs the storage, accessing, interactions and processing of the functional nodes metadata. A list of resolved metadata structures and their related functional nodes follows:

  • (ALL NODES) – Transaction metadata;
  • (ALL NODES) – Functional Rating metadata;
  • (BUYER, SELLER) – Order metadata;
  • (SELLER) – Item List metadata;
  • (CARRIER) – Shipping and Delivery metadata;
  • (ARBITER) – Arbitration metadata;
  • (CHARITY, CROWDFUNDING) – Funding metadata;
  • (CHARITY, CROWDFUNDING) – Presentation metadata;
  • (SERVER) – Marketplace content metadata;
  • (SERVER) – Functional peers metadata;
  • (KYC NODE) – Licensing metadata;

 

TRE Smart Contract Set (TRE-SCS)

  • The TRE Smart Contract Protocol Suite is based on SWARM Swap, Swear & Swindle and it’s derived Courtroom protocol, alongside Solidity Blind Auction and Standard Marketplace contracts.

Tresaro Orders 

  • Tresaro plans to support the following Order types:
    • ITEM – Physical goods, requiring shipping and other human interactions;
  • ASSET – Digital goods, allowing immediate property transfer;
  • SERVICE – Physical service, requiring human performance, paid at once;
  • SERVER – Digital service, paid at once;
  • SUBSCRIPTION – SERVICE, requiring recurrent payments;
  • SUPPORT – SERVER, requiring recurrent payments;
  • BROADCAST – SWARM internal, used for allocation of bandwidth and storage.

 

HYPE:

  • 4k Telegram members, 3k followers on Facebook and 3.7k Twitter followers.
  • 6 ratings on ICO bench.

 

Long Term:

  • Build the platform, acquire users and make the world a better place by allowing people to donate more.
  • Deployment of Tresaro marketplace Alpha and Deployment of Tresaro marketplace in Q1 and Q4 2019 respectively.

Experts Review:

  • The team seems too localised, with a few connections in Linkedin, with poor (or missing) crowdfunding/charity/e-commerce experience. So looks like no experience at what they are aiming to do. Pure IT guys. Too sad. Their whitepaper underlines this conclusion. Just a technical information, with no marketing or business planning numbers- Igor Karev (ico advisor and investor)
  • I like the idea of the business and can see it making a difference to the various groups in the chain and could get some traction. Have downgraded team who I do think have the relevant tech skills and background to get this done as the founders are getting 25% of tokens so tokens worth about 8,000 ETH at the hard cap which I think is excessive. I could not find any lock in details as well so risk of a dump by team and token buyers being left under water. The founders also get the benefit of undilutive funding so taking 25% of tokens seems high. Paul Mears (ICO investor, cryto trader and ex angel investor)

 

TOKEN METRICS:

Token TRE
Pre – Sale Price 1 TRE = 0.00007 ETH
Price in ICO 1 TRE = 0.0001 ETH
Country Bulgaria
Platform Ethereum
Website https://tresaro.com/
Whitelist/KYC KYC & Whitelist
Restricted Areas USA
Pre-Sale 10th Aug, 2018- 10th Oct, 2018
Public- Sale 15th Oct 2018 – 01st Jan 2019
Tokens for Sale: 325,000,000 TRE (65%)
Soft Cap 5,000 ETH
Hard Cap 25,000 ETH
Total Token Supply 500 million (500,000,000 TRE)
Token Supply Breakdown 65% Sale
10% Reserve
25% Founders
Bonus 30% Bonus on Pre-ICO

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