Manifesto TRUE REPUTATION
  • Initial Coin Offering (ICO) is a mutual and most democratic way for the team and investors to make their new future expressed in a startup a reality. This future is eager to be different from those models that are imposed by traditional rigid financial and legal ones of centralized systems and communities.

  • The new future causes old social conflicts between ICO participants, which are proposed to be resolved by introducing an element of public risk into the ICO process: the team risks its own funds, demonstrating its fighting and strong-willed qualities in the competition proposed by a third party. The competition is offline in the presence of the community of investors, advisors, media, etc., and it is managed by a smart contract. The method will guarantee the absence of fraudulent intentions of the teams, providing their projects with a new reputation marker and a chance to win.

ICO is a phenomenon
crowdfunding of ideas, which emerged as an alternative to traditional, expensive and inaccessible to most people on the planet ways to implement their ideas or participate in the birth and life of ideas
ICO is a mutual goal
1 - obtaining the terms of financing of ideas,
2 - providing the funds for ideas
3 - mutual risks and responsibilities but without supervision and encumbrance
ICO is risk and chance
some members put at stake reputation, the second ones money and it's a question what is more expensive but the chances are given to all. There are no other meanings, goals and risks in the ICO.
Accusations against ICO
In defense of ICO
Accusations against ICO
  • They raise money for their empty papers -White Papers
  • They got real money instead of their unsecured tokens
  • They are not controlled by the competent authorities
  • They are not responsible for their promises
  • Many investors have already been deceived: everyone knows that 90% of ICO is scam and lie!
  • They can do it endlessly and not to be punished
  • They should be punished by regulations and impute subordination to us!
In defense of ICO
  • There are as many wrong things in ICO as we measure
  • Each ICO is initially both scam and truth at the same time
  • And only the future will show what kind it was now and what would become
  • This future is not predetermined
  • Teams create the future depending on their emotional intelligence + mind
  • The investors are making the same: they create the future depending on their emotional intelligence and mind
  • Both have the right to make mistakes. Life calls to answer
HOW THE TOURNAMENTS TRUE REPUTATION ARE BEING HOLD?
1
Startup teams take part in various tournaments
in disciplines other than hackathons for developers, conferences and presentations for CEOs
2
To participate, the team is required to make a registration fee (BUY IN),
BUY IN is determined by the rules of the tournament (regulations), and it is significantly less than the marketing costs of the teams
3
BUY IN players form the contract balance of the tournament
Contributions are accepted in accordance with the rules of the tournament (regultions)
4
BUY IN players are governed by a smart tournament contract.
Smart contract is publicly available
5
Paid PRIZE exceeds BUY IN more than tenfold
The winner is only one team of all
6
Participating teams, regardless of the results of their performance at the tournament,
get TRUE REPUTATION marker and its weight
7
The weight of the marker varies by the invited community (experts, investors, media)
Depending on the behavior of the team at the tournament, the will to win, the results and the impression
8
The weight of the project marker gained in this way is fixed,
the team gets a preference in the tournaments and its project receives advices from the community, targeted advertising and reputation
WHAT WILL THE PARTICIPANTS, GUESTS, OPPONENTS GET
  • All startups of participating teams
  • Team which is a winner of the tournament
  • Investors and accelerators
  • Media and rating companies
  • Startup opponents and competitors
  • Visitors
The startups of all teams participating in the tournament will receive a True Reputation marker. This marker means the highest degree of recognition among the blockchain community as well among experts and investors: a team that puts its will to win at stake and guarantees a bet with its money is a true fighter having a true reputation. And its business (startups) can not not disputed by anyone.

gets the Prize in accordance with the rules of the tournament, and its project receives the highest rank of the TRUE REPUTATION marker.

In addition to the attention of the community, investments and proposals, the tournament champion receives the right to offer the place and discipline of the next tournament from the organizers (the decision is made by consensus of the community, see rules), as well as to be entilted for reward at the next tournament

promising team (and not only one!) which confirmed the presence of will to win and commitment, plus a potentially profitable project (projects) with the assigned marker TRUE REPUTATION
an excellent newsworthy information, a lot of content to it, new persons and trends of the blockchain industry, a new type of crowdfunding for the idea in a form of risky self-finance. And drive for their customers.

visual and live demonstration of the honesty of the teams and the opportunity to revise some opinions about a particular project

And some opponents or competitors may have to accept a challenge to the tournament from those whom they opposed (it´s not prohibited by the rules of the tournament : the opponent will also receive a TRUE REPUTATION marker)

they will get pleasure of the game and communicating with teams in an informal atmosphere, adrenaline and probably new ideas or comprehension of new meanings
WHAT IS THE WEIGHT OF A TRUE REPUTATION MARKER
1
Marker TRO
The rank of True Reputation, the weight One: the TRO for the project team which took part in the tournament, but did not win
2
Marker TRH
Rank True Reputation, weight Higher: TRH for the project, whose team won the tournament
3
Marker TRZ
The rank of True Reputation, the weight is Zero: the TRZ for the project team which is being publicly summoned to a tournament by some contender refused to take participation
4
Marker dynamics
For teams repeatedly participating in tournaments: TRO (one tournament), TRO2 (two-time), TRH2 (two-time), TRZ2
ATTENTION! BUY-IN are accepted until 00:00:00 June 4, 2019 Moscow time
The beginning of the game June 4, 2019 at 17:00 Moscow time
MAKE UP YOUR MIND AND WIN!
TAKE PART IN THE TOURNAMENT! PROVE YOUR TRUE REPUTATION!
Before the game left:
04.06.2019 17:00
Acceptance of BUY-IN terminated
PLACE OF THE TOURNAMENT