Current TrueFeedBackChain (TFB) guide: What is a TFB coin? Comprehensive fundamental analysis

TrueFeedBackChain (TFB coin); It is a blockchain supported platform where companies, institutions, academics and/or other interested parties can create survey and bounty programs.

TrueFeedBackChain (TFB coin) What is it?

In addition, companies or brands will be able to find secret customers “anywhere” and organize treasure hunt-like events on the TrueFeedBack (TFB coin) platform.

<

Users can participate in these surveys and bounty apps and get incentives for participation. Moreover, by remaining anonymous.
The most important thing that distinguishes TrueFeedBack from SurveyMonkey and Google Survey or other bounty apps is “users anonymity”.

What Makes TrueFeedBack Different?

As I mentioned above, users’ privacy is at the forefront. The project does not require any identification information.

In return for participation in surveys or bounty programs, the deserved incentives are sent as TFB tokens quickly (I don’t know how fast, they claim that way) .

The project’s App is also available. However, the existing app demo will be available on October 10 (or earlier) with the added bounty application, new interface and new features.

Whitepaper

18-page Whitepaper updated in June 2019. That’s good.

After a brief introduction to surveys in the content, the two main problems in today’s survey practices, anonymity and incentives, are discussed.. Then, the solution thatTrueFeedBack has brought to existing problems by using blockchain technology is explained.. TrueFeedBack’s token economy and Roadmap were also disclosed and the Whitepaper was completed. I found it very clear.

The advantages and disadvantages of survey types are tabulated in the whitepaper.. I share it for those who are interested:

After this table, the approach of the project is explained. Let me talk about some of these.

TrueFeedBack which problem does it solve

Anonymity is important because people revealing their identity;

1. For example, if they support the opposition in the upcoming elections, they may not want to be exposed.
2. Let’s say a survey about the courses they took, they may not be able to express their opinions easily.
In fact, this is the essence; Anonymity is essential for expressing your thoughts easily and fearlessly.

In physical surveys, the participant is there in person, their face is known.. Even if there is no one helping him, the presence of the person conducting the survey can be a pressure factor on the respondent.

-The number of the participant, and therefore the identification of the participant, can also pose a problem in the surveys conducted over the phone. will give; however, there are no rewards/incentives in these, either.
-It is not easy for survey organizers to find participants. Unless incentives are given, motivation for participation cannot be provided.. Let’s say the incentive was given, if there is no anonymity, this time the answers may not reflect the truth.

You can say, “But they want our e-mail”. First of all, you do not have to give an e-mail showing your identity information.

The reason for the e-mail is:
a) Proof that you are not a bot,
b) It will be used for communication.
c ) To prevent user grievances in cases like forgot password etc.
(By the way, your e-mail is not shared with anyone)

TrueFeedBack platform, when creating a survey, the person or institution that organizes the survey decides on the reward and maximum number of participants per participant. forcing to give. Participants who see the prize in advance can decide whether to participate in the survey or not.. The company conducting the survey, on the other hand, can download the results in a detailed format that they can import into programs such as SPSS, etc., thanks to the special reporting module.

How to prevent duplicate accounts?

1. Thanks to the newly developed application, only one account can be registered from a device, and device ID information is combined with the registered information.. Even if the application is deleted, reinstalled or even formatted, since the device ID does not change, when the application is installed and when the application is requested to be registered again, it will be registered with the following email from this device, please login.

2. Limiting the minimum withdrawal amount (This is a psychological way of solving the problem). In this way, money withdrawal from the system will be prevented after each completed survey.. Multiple questionnaires will need to be filled to reach the minimum amount. At the same time, the transfer becomes more affordable after a certain token so that the earned fee does not go as gas money.

What is TrueFeedBackChain (TFB Coin)? (Second Part)

TFB Coin Bounty Program

The goals in the Bounty Program consist of tasks that need to be accomplished in real life. Every step to be taken by the person or institutions that started the program, for example; what kind of photo or video to take, how much detail is requested, location etc.. will identify it and send it to TFB’s bounty system. Participants defined as “bounty hunters” will be able to see missions in locations close to them. The company that makes the related reward program will be able to see the results of the mission in a confidential manner.

TFB Coin Feedback Program

TFB will partner with crypto payment platforms and provide feedback services to companies.

After each payment made to a company and payment platform that is a customer of TFB, payers will receive a pop-up feedback survey where they can evaluate their experience with their purchase or service received.

Academic Studies

Surveys have an important place in academic research. Social sciences, statistics, and many other fields of study use surveys during academic research.. As someone who knows how difficult a process it is to conduct an academic survey, I must say that it is difficult to find volunteers and it can be expensive depending on where and with whom it will be done.. Finding a budget for this is also not easy.
TFB coin has stated that it will fund such surveys to ease the burden of academics.. This is a really great decision.. Of course, you need to learn about the purchase conditions of the fund.

Click the title of the second chapter for the continuation of the article.

CLICK HERE for my book Cryptocurrency and Fundamental Analysis.

How did the value of Ethereum increase 5 times in a month?

Leave a Comment