TrueFeedBack AMA Recap

TrueFeedBack AMA Recap

CryptoDiffer team

Hello, everyone!😁

We are glad to meet here 

Ali Osman CIBIKDIKEN, CEO of TFB

CEO of TFB, Ali Osman CIBIKDIKEN

Hello to everyone. Thank you for your kind invitation to AMA. It is a great pleasure for us to be here.

CryptoDiffer team

Q1: Can you introduce yourself to our community ?

CEO of TFB, Ali Osman CIBIKDIKEN

My name is Ali Osman. I am the CEO of the Truefeedback. I also have been working at the university as an assistant professor in the Computer Engineering Department. In 2008, I graduated with a Ph.D. degree in Applied Mathematics. I have started to work on blockhain  in 2013. One of my mater’s student thesis was about Voting System on the blockchain. My research fields are big data analytics, machine learning and cloud computing.

CryptoDiffer team

Q2: Can you briefly tell us what is TFB in 3-5 sentences?

CEO of TFB, Ali Osman CIBIKDIKEN

Truefeedback (TFB) is a blockchain-based data collection and analytics platform. In the TFB application, users stay anonymous and they earn TFB tokens for data. Our users can earn when shared their data in joining surveys, performing tasks, evaluating events, watching ads, reading news and playing games. We have released new version BLACKSTAR in November 2020. Now we have about 27000 users.

If we want to explain in one sentence about Truefeedback:” Your data, your reward!”

With your permission, I would like to show you how to work one of our features here?

For example, we want to evaluate this AMA event, and give reward to participants. Now our guests can download TFB Mobile App from Android Play Store here:

https://play.google.com/store/apps/details?id=com.trueefeedbackchain.bountypoll

It is an important point here, I will ask only 3 questions. But I will have about the profile of the user. User’s age, gender, location, education level, job etc. And our users will be ANONYMOUS due to blockchain technology. Because the participant’s reward is TFB token.

CryptoDiffer team

Q3: Let`s now talk about the milestones you have achieved so far and about your upcoming plans

CEO of TFB, Ali Osman CIBIKDIKEN

We announced our roadmap on March 15, 2020. According to our roadmap we planned to prepare new website in 2020 Q2. And we completed and published it. Our plan was to release Mobile App New Version in 2020 Q3. We released it. Now BLACKSTAR is live on Android Play Store. We are waiting the approvement on iOS too. In 2020 Q4, we will publish Beta Version of Data Analytics Platform. It will have some features: designing user data modelling to get more efficient and value-added survey anlaysis, improved data analysis user interface, visual reports, basic analysis, profile analysis, market analysis etc.

As you know, we are dangerous due to Covid pandemic. Despite this, we will do our best to achieve our goals in our 2021 Roadmap. Our important aim in 2021 will be efforts to store and analyze on the blockchain network. In addition, our mobile app will have a wallet feature and enable our users to transfer their TFBs easily. Our third goal will be to able to collect data and analyze on our platform without a middleman.

Our strategy has two phases to implement the blockchain technology to store and analyze data:

In the first step, we will save the data on the blockchain network as a hash value. Because we must show to companies that really the survey has been completed by users. The users must be sure that company will pay the reward for the survey or task. We think to design a module that provides this process automatically. Both parties will work independently of us. So smart contracts are very nice solution for this problem.

And in the second phase, we will try to enable that companies can query the data on the blockchain network. We have to choose a platform to develop blockchain part of our project. We performed some works ont platforms such as AVA, Ethereum, Tezos, Stellar and Hyperledger. This is really challenge process.

As Truefeedback, we aim to establish  a safe, transparent, anonymous ecosystem among those who want and share the data.

CryptoDiffer team

Awesome, a lot of updates to come out!

Thank you for great answers!

I think it is time to start community questions round!

Cryptodiffer Community

What plans do you have in your roadmap for 2021, give us more details on your new token economy for 2021

CEO of TFB, Ali Osman CIBIKDIKEN

We did a process for new token economy yesterday and about 3.5 billion tokens were burned. With the new blockchain network, we will issue another token and it will have bridge feature with TFB tokens on Ethereum network.

Cryptodiffer Community

Q1. 30% of total supply is allocated to Team, advisors, Development, how do you assure us that you won’t dump the token on us? Are team tokens locked, If yes, for how long?

Q2. As we know that Data is highly germane in carrying out researches for companies, academies or institutions. So how does TrueFeedBack guarantees that the collected data is provided by real persons? How do you prevent bot or robot from interacting with the platform?

CEO of TFB, Ali Osman CIBIKDIKEN

A1. We will announce the new token economy in 2021. The distributions you mentioned will be rearranged.

A2. Our users are real people on mobile phones. Therefore, opening fake accounts is prevented. In addition, we only receive email information. Because we send a reminder email when they forget their username and password.

Cryptodiffer Community

What killer features #TrueFeedBack has that are ahead of the competition and how does intend to open up the technology to the community and to researchers so it can be continuously improved on ?

CEO of TFB, Ali Osman CIBIKDIKEN

In obtaining the correct data, it is very important that the data source is a real person and that the identity remains anonymous.

TrueFeedBack uses the cryptocurrency approach while rewarding users using blockchain technology.

In addition, the application ensures participation in a way that is not open to abuse by real person. TrueFeedBack is designed to enable users to earn more by expanding the field of data collection.

It provides a platform that analyzed data generated in the use of each feature such as survey, tasks, ads, games, news.

Cryptodiffer Community

As a blockchain based data collection and analysis company, how can users benefit from using the True Feedback platform for data analysis?

CEO of TFB, Ali Osman CIBIKDIKEN

It is very important question. Because anonymity is the most important feature in our application.

As a TrueFeedBack platform, we don’t collect any information about users’ identity.

We distribute the incentives with TFB token. Users can participate in applications and earn rewards easily. And they are still anonymous.

When they completed any survey, the result is added to our users’ profile. We can obtained valued data from this profile data. Our aim is to serve it for companies. After storing the result on the blockchain network, companies can easily check whether users are responding or not.

Cryptodiffer Community

In 2021 you will work to expand your community and have people from different countries support you and become part of it?

CEO of TFB, Ali Osman CIBIKDIKEN

We are currently a project with users in 67 different countries. In fact, most of our users were once from Indonesia. We aim to grow rapidly globally with our new marketing strategies. That’s why we are here 😅

Cryptodiffer Community

To be able to develop in the long term, what do you need to do to stabilize the human resource framework and retain its members, what will the TrueFeedBackchain leadership do to control this issue?

CEO of TFB, Ali Osman CIBIKDIKEN

Our developer team consists of expert software developers. We also receive support within the framework of academic consultancy. Truefeedback is also a project where academic studies turn into real life. We carry our experience in big data analysis to this project.

Cryptodiffer Community

How can we analyze the data we participate with the TrueFeedBack application and can we make money from our data?

CEO of TFB, Ali Osman CIBIKDIKEN

TrueFeedBack creates a data-driven ecosystem that can be transformed into a cryptocurrency economy, where users and investors can profit with the help of blockchain technology. Data is an inevitably increasing value today. TFB collects and analyzes correct data from users and gives the results. In the process of data collection, the user earns TB tokens as a reward. Data is new oil and we can use this value together on our platform.

Cryptodiffer Community

TFB coin is a large Turkish project, but at the moment it does not have much success in the international arena. How will you make strategic moves in the future and how will you introduce this coin to people and will TFB be listed on larger exchanges like Binance or Kukoin?

CEO of TFB, Ali Osman CIBIKDIKEN

Especially in a period when decentralized exchanges are popular, a large exchange may not be needed much in the future. However, our work on major exchanges continues. Unfortunately, it is not possible to give a name at the moment.

Cryptodiffer Community

Can you explain how users can earn TFB revenues by using truefeedback platform? How is the flow of your token through the ecosystem?

CEO of TFB, Ali Osman CIBIKDIKEN

We aim to be a bridge between real world and the crypto world. There are many difficulties in collecting data in the real world. Our goal is incorporate concepts such as anonymity, rewarding and sharing economy into our products by using blockchain technology.

Cryptodiffer Community

How to guarantee that the data shared by users is real and true? Some people often lie or provide misleading data or that simply does not correspond to the reality of said person, how do you avoid this unprofessional or malicious behavior?

CEO of TFB, Ali Osman CIBIKDIKEN

We are trying to obtain the correct data by crosschecking user data with advanced database and analysis technologies. Users who share incorrect data cannot receive rewards from the system. Of course, we are also working on artificial intelligence algorithms to automate this. Processing big data is a very challenging process for any company.

Cryptodiffer Community

The TrueFeedBack project uses the Ethereum infrastructure as far as I can get. Will there be a move to a different blockchain or mainnet in the future? Or will you continue with Ethereum?

CEO of TFB, Ali Osman CIBIKDIKEN

We will soon transition to a blockchain network where we will both save the data and reward it. We will announce this at the beginning of 2021. The tokens in the network we will choose will be exchanged (bridge feature) with our tokens in the Ethereum network.

Cryptodiffer Community

Your operating model is similar to those of companies collecting and analyzing data through data from surveys. So why did you decide to Blockchainize this field? Is it any different from the models of still-running traditional companies?

CEO of TFB, Ali Osman CIBIKDIKEN

Data is very important today for companies, academic studies and researches. TFB guarantees that the collected data is given by real persons for the research party and presents the results by analyzing them.

In real world, Google, Surveymonkey can be competitors as a data platform.

But we haven’t seen any project that does exactly the same thing as us in the crypto world.

In our all process, the users are anoymous, those who have research can not obtain personal data.

Cryptodiffer Community

Concerning Truefeedback app, I would like to know if there’s age limit as regards those that can use the app? Also, what kind of surveys can we solve in other to earn TFB tokens? Is it educational or sport or music or politics?

CEO of TFB, Ali Osman CIBIKDIKEN

You can participate in the surveys published on our application, as well as publish your own surveys. These surveys can be on any subject as long as it complies with the terms of the contract.

Cryptodiffer Community

Do you consider TFB community feedback and requests for application?

CEO of TFB, Ali Osman CIBIKDIKEN

We always take into account the suggestions of our community in all our work. Their contribution to the development and testing processes of our application is very good. I would like to thank our community once again for their support.

Cryptodiffer Community

How does TrueFeedBack convert previous user data into profit in different areas? How do TFB holders benefit?

CEO of TFB, Ali Osman CIBIKDIKEN

We will also implement a staking program with our new version. Thus, we will ensure that our investors earn more. Staking program will be applied in 2 different ways for TFB holders in app and TFB holders in their wallet.

Cryptodiffer Community

According to the True Feed Back roadmap, by the end of this year you were hoping to enable data analysis tools for SaaS model clients. Specifically, in which areas is the SaaS model used and what benefits would your services bring to these clients?

CEO of TFB, Ali Osman CIBIKDIKEN

TrueFeedBack can provide companies with a 360-degree view of consumer-related characteristics and behaviours and transform this data into custom target segments in an optimized manner. Companies can create, segment, and scale custom audiences to power omnichannel marketing campaigns that drive consumer engagement and acquisition.

They can easily make a survey they want to do about a product with classifications such as a certain age, gender, income status etc. There may be some delay due to Covid. But we continue our work hardly.

Cryptodiffer Community

I want to analysing for TRUEFEEDBACK platform,

How can I enroll, and

What sort of information can I start analysing and working on    ?

CEO of TFB, Ali Osman CIBIKDIKEN

When our platform goes live, you will be able to collect and analyze your data using TFB tokens. You will need to purchase these TFBs within the ecosystem. Here, the TFB investor will get his share of the profit arising from this sale.

CEO of TFB, Ali Osman CIBIKDIKEN

By the way, there are lot of good questions. But I guess we have limited time. You can ask anything directly to me anytime.

Cryptodiffer TEAM

Thank you for you answers, it was an insighfull session

Thank you everyone who participated, great questions as always!

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