TREOS is an entire ecosystem, and a social business with a civilised proposal for change. What TREOS is bringing to the table is a complete cultural change, a complete financial change, a whole new suite of tokens, and a whole new economy built by the people, for the people, rather than for the banking systems. Born in Australia and getting its’ wings in Malta, TREOS seeks to be one of the first MFSA (Malta Financial Services Authority) regulated companies since the introduction of the VFA Act in 2018 by the Government of Malta in obtaining their Class IV Exchange License.
It all started with founder Daniel, who with a passion for blockchain wanted to make something life-changing for everyone, regardless of the size of their wallets or where they are from. What the TREOS ecosystem brings is an ability for merchants and consumers to transact in a transparent, stable and practical way, solidifying the ethos of the EOS Community that is growing with it.
The idea to create tokens anchored to grams of gold had everything to do with stability and even more to do with setting precedence. TRO (TREOS Origin) is the perfect initial fuel token to use as the fuel, being anchored to the value of 1g of gold. When a vendor lists an item, they can rest assured that the payment they are receiving has not fluctuated in value as previously witnessed in the past when merchants except volatile tokens. An initial time period was spent testing on Ethereum and TRO was to be a modified ERC-20 Token with its own inflation algorithm and UBI distribution system, but there was still a need for better tech, scalability and governance within the token contracts. EOS was an easy choice for the team as it had all the scalability and governance needs TREOS would require along with free transactions for users. It also gave the team the freedom to develop and test new smart contract concepts knowing the contracts themselves can be paused, amended or replaced until they were perfected.
Utility and Ease of Use
The TREOS platform at https://treos.io/ is a Web 2.0 online marketplace that gives buyers and sellers the opportunity to become a part of the cryptocurrency revolution. It functions as a proof-of-concept for our fully decentralised Web 3.0 version of the platform that is under development. It gives all parties – including affiliates, bounty hunters, business owners, cryptocurrency users, advertisers, and partners – a simple, easy, secure avenue to access the new economy using features such as merchant stores, a Wish List, a Fuel Store, and
TREOS Virtual Financial Asset (TVFA) wallets that offer UBI and are whale-proof. In Phase 1 of operations, the marketplace includes generous affiliate and bounty programs to provide incentives for engagement and promotion of the TREOS Ecosystem. With the planned addition of Scatter and other EOS UAL signature providers such as Lynx into the shopping cart, EOS fans and users will be able to seamlessly interact and transact with TREOS.
The implementation of future tokens, such as TREOS Energy (TRE) the fuel for their main, decentralised Web 3.0 platform, and TREOS Fusion (TREOS), a future token to adjust market cap and inflation, are instrumental in achieving mass adoption. Linking all the moving parts together is TREOS Spirit (TRS), a share-like token that pays dividend-like payments from business activities and assists in governance within the TREOS ecosystem.
A true team of decentralists
The TREOS ecosystem has its own established community and planned dedicated DAC, that will be encoded in smart contracts on the blockchain and is governed by its own constitution. This is made possible by utilising the EOS blockchain and is a revolutionary way of bringing a community together as a cooperative, enacting the EOS principles of decentralisation and good governance, including openness, transparency and integrity, performance orientation, and effective collaboration.
The Team is made up of everyday people from over 20 different countries whom are avid decentralists that see a real need for change and social evolution. Their desire to be a part of something bigger than themselves is a testament to the passion and commitment put into this project that is providing a true solution to a global need.
Future phases include a MFSA approved VFA ICO (TRE), TREOS branded ATMs, POS networks, remittance services and possibly reaching into virtual decentralands and gamification integrations. It’s parent development company Blockshape (Australia) will also be seeking to become an EOS Block Producer, citing the overwhelming need to support the community, other regional or local producers and enable rapid evolution of the EOS blockchain itself. Millions of TREOS users means millions of votes that can be used to strengthen the economy and support social good projects that it’s DAC is required to fulfil.
On August 1st, TREOS is starting their coveted Token Conversion Event where holders of GCR can convert their coins 1:1 for TRO (anchored to the price of 1g of gold, currently $45USD ¥320) that is used as the initial fuel for the Phase I Marketplace. The idea of TRO and its deployment in a not-for-profit TCE was formulated to provide GCR token holders with the opportunity to participate in the Conversion Event which would, in turn, allow them the ability to access the TREOS ecosystem. After the 60-day Token Conversion Event concludes, any TRO tokens remaining will be designated to be distributed via Giveaway or the Bounty Program to the TREOS community through remunerations and rewards. GCR used for the conversion will be put into numerous public cold storage wallets that have their private keys destroyed.
TREOS is rolling out this global event and wants you to join in! Visit treos.io to register to be a user of the TREOS marketplace and check out their latest medium article for more information.
TREOS Social Channels
● https://www.facebook.com/TREOSOfficial ● https://discord.gg/YjbknX
● https://www.instagram.com/treosofficial ● https://www.reddit.com/r/TREOSOfficial
Disclaimer. EOSwriter does not endorse any content or product on this page. While we aim at providing you with all the important information we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.