Understanding the TrueCoin Economy

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The TrueCoin ecosystem is a dual marketplace for data. Brands, agencies, organizations, and any institution or business, small and large, can deploy a True Survey to gain insight and understanding from their community in a new, exciting, and cost-efficient way.

Companies and organizations can launch surveys for telephone participation or for completion via any Amazon Alexa-powered device*. Surveys launched to the Amazon Alexa community are done so as incentivized surveys.

True Surveys are launched on a pay-as-you-go basis. Payments are executed with a conversion to TrueCoin.

The in-platform conversion rate for TrueCoin is a minimum of $1.00 = 1 TrueCoin. Users have the option of linking a TrueCoin supporting wallet to their True Reply account. They can then acquire their TrueCoin off-platform and use it for payment.

Through any Amazon Alexa-powered device, people can answer surveys and earn money. It’s super easy. Earnings can then be cashed out to fiat via PayPal or cashed out to TrueCoin and sent to a supporting wallet** with zero fees.

The TrueCoin Economy is designed around the idea that people have the opportunity to capitalize on their experiences, ideas, and knowledge and allowing any company or institution to tap into this knowledge.

Whether you need to know how your community feels about your fresh produce or you are a brand seeking to launch your next great shoe, True Reply and the TrueCoin Economy is the future of voice-based data collection and its available now.

*As of end of 2017, there were reportedly +36 million homes in the United States with a Amazon Alexa. Considered by most the fastest growing smart home device in the market. That number is expected to more then double by 2020

** True Reply does not presently provide a wallet for holding TrueCoin and relies on ERC20-supporting third-party wallets like MyEtherWallet.com and MetaMask