True Network

Building the Reputation Layer of the Internet. dApps want users to stay, but they don’t make them feel valued. True Network helps achieve it easily by enabling dApps to build user reputation system.

  • 1,150 Raised
  • 335 Views
  • 4 Judges

Categories

  • Web3 Tooling

Gallery

Description

Problem: dApps are lacking user retention…

dApps struggle to retain users because they don’t reward their power-users, as they don’t have any mechanism to do so. In web2, there are books written like “Hooked” that talks about identifying users & giving rewards as they grow.

Ideal Solution:

Reputation systems present an opportunity for platforms to recognize—and thus incentivize—participants’ high-quality contributions, including content creation, moderation, community building, and gameplay. This is crucial to the growth and sustainability of any web3 project. 


Introducing True Network:

True Network is a substrate-based chain that enables dApps to attest work done by their users on-chain & write reputation algorithm in minutes using languages like Typescript via it’s SDK. It provides the security from Polkadot & custom pallets for attestations & reputation models.

True Network is the on-chain reputation protocol for dApps.


Objectives:

  • Enabling dApps to give on-chain attestations easily
  • Supporting typescript (compiled to wasm) to build a points algorithm on top of the attestations
  • Gaming projects to use on-chain reputation via True Network for XPs
  • Enabling under-collateral lending by staking user reputation to as a secondary asset
  • Building an open protocol for writing a reputation algorithm that lives on True Network and uses the shared database of on-chain attesations

Key Features:

  • True Network Node (built using Substrate / Polkadot SDK) that supports 3 pallets:
  • Issuers: for dApps to register
  • Credentials: for storing schemas & attestations on-chain
  • Algorithms: for storing & running typescript-compiled wasm files of reputation algorithms to produce a reputation score
  • CLI enables anyone dApp or web2 to issue on-chain attestation with it’s in-built wallet.
  • Supports shared schemas between multiple dApps promoting permssionless development
  • Typescript SDK powers the faster and easier development for dApps, they can attest using the Schema Class & write the reputation algorithm is typescript that gets converted to wasm & deployed on-chain.

For Testing:

Other Important Links:


Attachments