Trias— Telegram AMA — April 20
On Tuesday, April 20, we had the pleasure to welcome to our Telegram chat:
Eric, CEO.
We asked him questions about the development of TRIAS.
Some sentences have been slightly edited for readability but the meaning has been conserved.
Summary
Trias is a Full-stack decentralized trusted cloud infrastructure and ecosystem for all-scale, general-purpose, and enterprise-ready applications.
Trias has developed a set of common privacy protection protocols based on its own innovative Trusted Execution Environment (TEE) and Zero-Knowledge proof scheme, which can support heterogeneous blockchain to achieve privacy protection functions.
Trias is not a separate privacy token, but as an underlying infrastructure, which can be combined with other public chains and protocols to provide privacy functions for existing assets of different chains such as BTC, ETH, Polkadot and realize the protection of users’ privacy on different chains.
Trias will launch the NFT mining project on Dego, named as “ land of the lost”. Land of the Lost is a mysterious and dinosaur-dominated land, whose borders are intertwined, so anyone who traveling in one direction will end up in an endless cycle.
Introduction
Q — Ayeley Commodore-Mensah from GAINS: Tell us a bit about you. What did you do before crypto and did you have any other previous venture in crypto?
A — Eric from TRIAS: Hello Gains community. Really happy to be here with you ❤️
Let me introduce myself first.
I used to work in the Internet industry, mainly responsible for market-related work. In 2016, I came into contact with blockchain by chance and fell in love with it, so I quit my original job. And I joined the Trias team in 2018 and became Trias CMO in recent personnel changes. In the future, I will be responsible for the marketing and operation of Trias. I hope you can give us more support.
About TRIAS
Q — Ayeley Commodore-Mensah from GAINS: Absolutely. What is Trias about in a few simple sentences?
A — Eric from TRIAS: TRIAS means Trustworthy and Reliable Intelligent Autonomous Systems.
Trias is a Full-stack decentralized trusted cloud infrastructure and ecosystem for all-scale, general-purpose, and enterprise-ready applications. With a fine and delicate design, a talented and solid team with a top-notch academic and industrial background, a complex of enterprise products and solutions, and a sophisticated and sustainable token economy, Trias is fueling industrial clients’ innovation globally.
Trias aims to solve the core ‘Trust Issues’.
Q — Twitter user @Mehmedizeko132: The Trusted Execution Environment (TEE technology) provides privacy support to users on the blockchain. What kind of privacy is being referred to in this context and why did Trias take it as the core privacy computing technology?
A — Eric from TRIAS: Trias has developed a set of common privacy protection protocols based on its own innovative Trusted Execution Environment (TEE) and Zero-Knowledge proof scheme, which can support heterogeneous blockchain to achieve privacy protection functions.
Trias focuses on anonymous payments, private transactions, privacy contracts, decentralized identity authentication, etc.
Trias is not a separate privacy token, but as an underlying infrastructure, which can be combined with other public chains and protocols to provide privacy functions for existing assets of different chains such as BTC, ETH, or Polkadot and realize the protection of users’ privacy on different chains. This is what we’ve been talking about as a layer -1 trusted infrastructure.
The core solution TEE and Zero-Knowledge proof of Trias are mainly for trading privacy scenarios, so Trias can seamlessly integrate the trading privacy involved in projects such as decentralized exchanges, mortgage lending, mining derivatives, etc. in the DEFI ecosystem.
Q — Telegram user Amina Peter: Your token was formerly known as $TRY before you issued a new token now called $TRIAS. Can you tell me some achievements recorded by your project as a result of the $TRIAS issuance?
A — Eric from TRIAS: Yeah. Many people are confused about our old and new tokens. Let me make an explanation:
To adapt to the development trend of the current encryption market, we decided to adjust the economic model of the TRY token to better enable Trias ecology.
Trias issued a new token, named “TRIAS”, instead of a TRY token. The smart contract address of the token also has been changed, and the total supply has been reduced to be 10 million.
Q — Telegram user The Curious 👀: I was very struck by your comment that Trias could solve many of Ethereum’s current problems. Is this really possible? How could you do it? Have you proposed your help to them?
A — Eric from TRIAS: Yeah. Let me give you an example.
As for the privacy protection of blockchain, many people have a misconception that blockchain can better protect users’ privacy because of its anonymity. The reality is that user information on the blockchain is easier to track without proper methods and tools.
Your transaction details are open for everyone actually. As long as I get your wallet address, I can get all your transfer information.
Trias can protect personal privacy by encrypting transaction information. And for more info, you can check our whitepaper and articles.
Token
Q — Ayeley Commodore-Mensah from GAINS: What is the token use case and how does it capture the value of the ecosystem you’re building?
A — Eric from TRIAS: Trias has developed a hybrid staking model that would help to expand in the enterprise blockchain market and build a strong community. Trias has two parallel staking systems that would fulfill the needs of enterprises and individuals.
— The Franchise-franchisee Model: This model incentivizes franchisors and franchisees to create an enterprise-grade product ecosystem and token appreciation.
— The Staking Auction Model: This model allocates values generated from the Franchise-franchisee model operations to the token holders. These two models encourage more enterprise products to be developed and sold. The more the economy grows, the more the utility and values of the token. In this way, the ecosystem, the participants, and the token holders get benefited.
For more information about the economic model, pls check.
Q — Twitter user @OnePlus1578: Are you planning to burn or buy back any tokens from the market in the future? Do you have such programs?
A — Eric from TRIAS: Yes. If you follow our announcement channels, you will know that we will launch a decentralized crowdfunding platform, named Trias Grant. It can be seen as a token burn mechanism.
Trias Grant aims to create a decentralized, transparent, fair, and efficient grant mechanism, to empower new projects and foster fast growth of the entire blockchain industry.
To select and fund more high-quality projects, the previously quarterly-held Trias Hackathon Competition will be organized all year around. Project winners of the competition will have the opportunity to start a grant to raise their initial funds.
And all users, holding TRIAS, can participate fairly in every grant.
The main operation mechanism of Trias Grant is staking TRIAS to get the initial tokens of new projects. And after the grant, the staked TRIAS token will be burned.
Competitive Advantage
Q — Ayeley Commodore-Mensah from GAINS: What sets Trias apart from the competition?
A — Eric from TRIAS: This can be seen from several aspects. I would like to talk into 2 main aspects.
First of all, from the technical side, Trias has a Unique trusted mechanism, remote authentication between nodes, continuous trusted state, and efficient consensus. These important points make Trias competitive。
You can check here for more Trias technical info:
And from the team side, if you checked our website(trias.one), you will know Trias has a really strong team and advisors.
The core members of the team graduated from Oxford, London School of Economics, Peking University, Tsinghua University, and other top universities; served in China Aerospace, Royal Bank of Canada, Intel, Oracle, Alibaba with strong technical strength and rich working experience.
Partnerships
Q — Twitter user @VNur7238: What are the main targets, partnerships that are trying to achieve shortly? And do you already have collaborative connections with strategic partners in the crypto world?
A — Eric from TRIAS: Yes. We have just reached a strategic partnership with Dego. The two sides will carry out in-depth cooperation in the field of “DeFi + NFT”.
Through this cooperation, Trias will provide better security and privacy services of cross-chain, transaction, and auction scenarios of DEGO NFT. The two sides will jointly explore the combination and collaboration of DeFi and NFT to create NFT products with more practical value.
Here’s news that our own community doesn’t know yet. Trias NFT mining will come soon on DEGO platform. And the total mining pool is 28,000 TRIAS.
Q — Telegram user Al Bianco: It strikes me that Trias came to a partnership with DEGO, and they combined “DeFi + NFT”. Can you tell us more about this and the 3 dinosaur NFTs that Trias released, is there still a chance to buy them? This is incredible. Will you have more projects and plans with associations to follow the production and sales of NFT?
A — Eric from TRIAS: Okay. Let me show you more fresh info.
Trias will launch the NFT mining project on Dego, named as “ land of the lost”.
Land of the Lost is a mysterious and dinosaur-dominated land, whose borders are intertwined, so anyone who traveling in one direction will end up in an endless cycle. The only way out is to compound metals extracted from a particular mine to form a special weapon to disentangle the twisted world.
For more info, please follow our channels😂
Finances
Q — Ayeley Commodore-Mensahfrom GAINS: Did you raise funds for your project so far? If so, how did you handle them? Are you planning to do any future raises?
A — Eric from TRIAS: In fact, we raised money at the beginning and got investment from NGC and other institutions.
And now we have finished the preparation of the IDO on DODO. For the specific date, please join our community to follow our official announcement.
Business Development
Q — Ayeley Commodore-Mensah from GAINS: What stage is the project at? And what should we look forward to in the coming months?
A — Eric from TRIAS: Last year we released two of the three layers of Trias, the MagCarta application layer and the Leviatom-1 layer. The MagCarta application layer, released earlier this year, released its economic white paper and launched lock-up auctions and franchisees-franchisor mode.
More importantly, with the application layer coming online, We released the TriasForce, a Decentralized — SaaS (DSaaS) that ensures the trustworthiness of the physicist software. The Trias Force now has 3 products, TriasForce Auditing, TriasForce Security, and TriasForce ERP, providing blockchain-based services to clients over different industries.
And we will update MagCarta’s economic model. At the same time, more development progress will be on board.
We will publish every progress on our weekly report. Pls, pay attention to our channels.
Q — Telegram user Foodguru: Eric any BSC news?
A — Eric from TRIAS: It seems that many people are very concerned about the topic of BSC. I’m sure that Trias will be launched on BSC very soon. Please wait patiently and pay attention to our official announcement.
Q — Telegram user Michele Deandra: What’s your plan to maximize the power of the community to make the TRIAS project stronger and bigger?
A — Eric from TRIAS: YES. Community is really important. Now our community is growing up quickly. Next, we will prepare some events and programs to make our community stronger. And also we will release some rights to the community and let the community play an important role in the development of Trias.
It was a pleasure having you in our group today, Eric and taking the time to answer all our questions. — Ayeley Commodore-Mensah GAINS
Thanks to all you guys. Pls join our community to follow the latest news about Trias —Eric from Trias
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