TrustToken is a platform to create asset-backed tokens that you can easily buy and sell around the world. For example, gold to gold tokens or dollar to dollar tokens.
TrueUSD is a USD-backed ERC20 stablecoin that is fully collateralized, legally protected, and transparently verified by third-party attestations. TrueUSD uses multiple escrow accounts to reduce counterparty risk, and to provide token-holders with legal protections against misappropriation. TrueUSD is the first asset token built on the TrustToken platform.
Complete the SmartTrust, start developing TrustProtocol for auditing and insurance.
Establish partnerships with banks and exchanges, continue to develop TrustProtocol, and do a pre-sale fundraising round for the TrustToken Platform on which TrueUSD is built.
Support wire transfer purchases/redemptions.
Deploy TrueUSD smart contract, begin capitalization of the TrueUSD accounts.
Launch the alpha version of TrueUSD for traders and organizations.
List TrueUSD on exchanges.
2018 and beyond
Launch the beta and 1.0 versions of TrueUSD for general access.
Develop more stablecoin products such as TrueEuro, TrueGold, and baskets of tokenized commodities, to provide more trustworthy options for cryptocurrencies backed by real-world assets.