An open cryptocurrency crowd investment platform
ZERO commissions ZERO Fees
A smarter way to invest
Talk to us and get instant event notifications on Telegram. Our Telegram channel is "TrovaNet"
Each member must register the public address of an ERC20 compatible wallet for storing TROVA coins. MyEtherWallet, for example, supports ERC20 tokens. Members are notified when and how much (based on how each member has set their allocation fractions and investement limits) they should send to a TrovaNet Ethereum pooling wallet. To participate in an investment round members Investment funds are sent by each member from a members own Ethereum (ETH) wallet to the investment pools Ethereum wallet. Each investment pool has exactly 1 Ethernet wallet. This is securely maintained on the platform and used to exchange funds to native coin formats required for ICO token purchasing, Staking or Altcoin purchases. Members define the percent of funds in their Ethereum wallets that are to be used for ICO, Staking and Altcoin investing. Members are provided with the TrovaNet pool public wallet key that is used to flash pool investments. The TrovaNet platform will calculate the recommended amounts each member should transfer into each investing pool based on crowd voting results. Members are free to join the pools or just watch and do nothing. The crowd votes are also used to determine when to get in and out of each investment. There may be pool limits for certain ICOs. There are also lock-up periods on ICOs where invested funds are not transferable out of the ICO contract until certain conditions are met. Each ICO stipulates these conditions and these will be published well before voting on a particular ICO takes place. All investments made from the investment pools are published for each member to view and record. Funds are transferred back to each members Ethereum wallet when a member requests their fraction of the pool be returned or when the crowd votes to exit a coin. Note incremental entry and exit to/from a altcoin investment is supported with no penalty. In the event that an ICO is cancelled or not successful funds will be returned to the pool wallets and refunded to each participant. Funds are pooled for 24 hours before the investment milestone.
Transparency and how pooling works
TrovaNet TROVA coins are standard Ethereum ERC20 coins. Members can create their own Ethereum token compatible wallets to store TRV coins or they can use the MyEtherWallet created for each members account. TROVA coins are used to track each members voting records. TROVA coins are used to reward for members when their votes result in the best returns. Members that direct platform pooled investments with the best returns accumulate more TROVA coins which creates a positive investment feedback loop. Members can also vote (virtual investing) and be rewarded with TROVA coins without actually investing in the associated ICO or altcoin investment. There is a cap to the number of TROVA coins that can be used by a member to vote for one event to ensure that a small number of investors with large amounts of TROVA coins do not overwhelm all other votes. TROVA coins are also awarded to members that contribute to analysis of each investment.
Knowledge building and virtual investment mode
For a period of time TrovaNet will run only in virtual investment mode to allow time for members investment acumen and the overall member TROVA token pareto to mature. This will ensure that actual investments will be more influenced by members with superior investment acumen. This mode will be made available to all members to allow members to gauge how the collective decision making process is performing. The virtual mode feature will be supported to allow new members to test the system and as a way for members to gain credibility without investing. Members can make their voting record public for other members to see. Members are free to copy other members who they agree with.
As knowledge accumulates on the platform we believe that the TROVA coin voting record will provide a powerful rating system for crytpo currencies, tokens, altcoins and blockchain startup companies. Ratings, member commentary and due diligence discoveries will provide a powerful guard against SCAM coins and organizations. This reduces the investment risk for members and is a source of valuable data that other organizations can rely on for guidance. TROVA coin voting transactions and investment returns will be used to create an accountable immutable and rating system for both members and the entities the crowd chooses to or not to invest in.
Crypto currency and ICO ratings
Clarity on what TrovaNet is NOT
TrovaNet is not a Bank, Day Trading Service, Currency Exchange, Clearning House, Stock trading, IPO investment service or Lending platform.