Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Trust Recruit and our guest was . The AMA took place on the 9th of March.<\/p>\n\n\n\n
The AMA session was divided into 3 parts with a total crypto reward pool of $500<\/p>\n\n\n\n
In this AMA Recap, we will try to summarise the most interesting points for you.<\/p>\n\n\n\n
Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Greetings, dear Satoshi Club community! We are pleased to\nannounce AMA with Trust Recruit.<\/p>\n\n\n\n Today our guests are\n@lila_b_trustrecruit @yaanurag<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Hello everyone! We’re back with our second AMA for today!<\/p>\n\n\n\n Let us welcome our guests here! <\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Hello and welcome to Satoshi Club, guys!<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n A few minutes of patience before we start<\/p>\n\n\n\n Lila Benhammou<\/strong><\/p>\n\n\n\n Hello all, thanks for having us<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Nice to see you here, in Satoshi Club!<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Nice to e-meet you <\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n How are you doing today?<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n Hiya! Pleasure to be here. Thanks for having us. <\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Welcome to Satoshi club<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Great! Welcome too!<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Let’s start with the introduction to warm up.<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n Thanks so much!<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Let’s start! Introduce yourself please. How did you get to\nbe involved in crypto & Trust Recruit<\/p>\n\n\n\n Lila Benhammou<\/strong><\/p>\n\n\n\n Sure,<\/p>\n\n\n\n I am Lila the CEO of Trustrecruit, I’ve been in the business\nfor 20 years working for big companies before deciding to create my own. I am\npassionated by people and technology and have a strong background in AI\/ML. I\ndid my EMBA in KELLOGG Northwestern in Chicago and get back to Paris where I\nlive since 2015, I decide to jump into new services that makes sense to people\nand naturally come to meet Anurag who is a guru in blockchain to create\nTrustrecruit together with a strong focus on creating values to\nJobseekers\/freelancers and employers thanks to Blockchain, AI and DeFi.<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Wow! Great background<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n C’est formidable, Lila! Great experience!<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n My name is Anurag, and I’m the Chief Business Development\nOfficer (CBDO) for TrustRecruit. In this role, I look after fundraising,\nstrategic partnerships, growth, and marketing.<\/p>\n\n\n\n I’m also the Co-Founder & CEO of PrimaFelicitas, a\nBleeding-edge end-to-end Blockchain Technology Solutions Development Company\nthat is based in San Francisco, London, and New Delhi. The company started in\n2013 and since 2016 we have been building Blockchain-based products only. To date,\nwe have created most products people associate with Blockchain – Exchanges\n(Centralized & Decentralized), Wallets, Payment Gateways,\nInsurance-on-Blockchain, Supply Chain-on-Blockchain, Healthcare-on-Blockchain.\nThe last 15-16 months have been, quite understandably, spent on developing\nseveral DeFi and NFT projects. And, out of that labour of love, TrustRecruit\nwas born. <\/p>\n\n\n\n Over the years, I have been a part of the development of\nseveral Blockchain projects. Not only development, but I have also led projects\npost-development when they started doing business such as heading a Crypto\nExchange, after having developed and launched it. I sit on the Advisory Boards\nof several Blockchain companies and have enabled them in going Public. I\nconsult on implementing emerging technologies such as AI, Blockchain, IoT, and\nam a regular Keynote speaker at Global Technology Conferences. <\/p>\n\n\n\n Overall, I have 20 years of experience and have led Global\nOrganizations. I hold an Engineering degree from the Indian Institute of Technology\n(IIT) and a Master’s in Business from Stanford University (GSB).<\/p>\n\n\n\n On the topic of how I got involved with Crypto, well before\n2015, Bitcoin and Blockchain were the same things to me. I was in San Francisco\nin 2015, and at that time, I kept hearing Blockchain ad nauseam. After three\nweeks of listening to the word Blockchain and appearing dumb, I was just fed up\nand decided to find out for myself what Blockchain was. So, I set aside one\nevening to read about you. That evening was rather too long – a 3-month long\nrabbit hole. Post the 3-month deep-dive, I was ready to plunge into the world\nof Blockchain. I restructured my company, set up a solid team (the core of\nwhich nearly 90% are still with me), and began seeking clients looking for\nBlockchain development. I feel lucky to have stumbled upon Blockchain and\nstarted early. I am truly fortunate that I got the opportunity to build some\ncutting-edge products in this nascent space and create a niche for ourselves.<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Wow! That’s spectacular!<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n This is really impressive<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Give us a brief introduction to the project. What is the\nessence of Trust Recruit<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n At this time, it is good to also point out who the core team\nbehind TrustRecruit is. So, I list some of the key team members.<\/p>\n\n\n\n Priti is our CTO (she is also the CTO of PrimaFelicitas –\nthe Blockchain solutions development company). Priti has a rich experience of\n25 years in Enterprise Application development, integrating, launching,\nscaling. Most of her core work has been in the Financial Sector and Capital\nMarkets. As employee #8 at CRMNext, Priti was instrumental in setting up and\nlaunching complex solutions at key banks, financial institutions, telecom\nproviders etc. Over the years at PrimaFelicitas as its CTO, Priti has built\nmany Blockchain-based products across various sectors. Key among them is the\nFinancial industry (Exchanges, DeFi & hybrid, etc.), Supply Chain, Healthcare,\nInsurance – to name a few. <\/p>\n\n\n\n Kaarel is our Board\nMember and has been in the Crypto space for a while. He sits on the boards of\nseveral Blockchain\/Crypto companies, including Exchanges.<\/p>\n\n\n\n We have a stellar\ngroup of advisors and are backed by several key advisors. Some of the key\nstrategic advisors include Garlam Won (ex-Head of Marketing at Harmony.one) and\nHristo Piyankov (a key Crypto industry Financial Analyst and the person behind\nseveral highly successful Blockchain projects).<\/p>\n\n\n\n Besides this, we have\nseveral vital advisors who provide solid direction and guidance to TrustRecruit<\/p>\n\n\n\n The above, of course,\nexcludes the development team, marketing team, and the rest of our staff.<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n sure.<\/p>\n\n\n\n Think of TrustRecruit as indeed.com on the Blockchain where\njob seeker\u2019s verified resumes are stored on the Blockchain (and thus can be\nrelied upon for their veracity), and where the Proprietary Matching Algorithm matches\nonly the best-fit job seekers to suitable job openings, much in the similar way\nas people get matched on Tinder (though not how the – Tinder Swindler \u2018Simon\nLeviev\u2019 was getting matched!!<\/p>\n\n\n\n On average, an employer spends 45 days and ~$4200 to fill a\njob, yet 46% of the new hires are asked to leave within 18 months of onboarding\nwhich costs employers ~200% of annual pay. Apart from losing candidates and\nsuffering associated financial losses, employers face a lack of transparency in\nthe applications. According to a leading survey, many jobseekers put up fake\ndata on their resume, ~78% of job seekers exaggerate their skills to varying\ndegrees, and ~38% blatantly lie about their backgrounds. With LinkedIn, this\nproblem is further exacerbated as jobseekers embellish their details without\nany checks.<\/p>\n\n\n\n Job seekers have their own struggles. They are forced to\ncompete with thousands of other applicants in an attempt to shine in the crowd.\n~75% of resumes are rejected before they reach the hiring manager, 45% of job\nseekers never hear back from potential employers and many are subjected to\nmultiple interview rounds resulting in dropouts in between the recruitment\nprocess.<\/p>\n\n\n\n TrustRecruit solves the problem of this two-sided network.\nJob seekers can get their resumes verified and then stored on the Blockchain\nindelibly. While employers can get matched to the most relevant 5-6\ncompletely-matched resumes instead of 400-500 sub-optimal and mismatched\nresumes that often land in their inboxes for each opening. <\/p>\n\n\n\n The vision is honestly to teardown the old recruitment\nindustry, and reimagine and build it for the new web3 world that we\u2019re headed\ninto, where we control our professional data and have it monetized as desired.\nThink of us as the Axie Infinity of the Recruitment Industry where people get\npaid to place their resumes on our platform.<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n This is truly a dream team! <\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n thanks. yes, indeed. Our biggest strength is our team.<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Important goals are set ahead!<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Btw I admire harmony\nblockchain… it’s so elegant <\/p>\n\n\n\n Thanks for great introduction, we will have several\nquestions selected for the Part 1. Ready to start?<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n thanks, yes. it is indeed elegant. Considering that we have\nalready got the platform ready and Live<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n yes please!<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Q1 from Telegram User @surendra040<\/em><\/p>\n\n\n\n I read that on your private sale round TRT tokens is of 62.5% discount. How can a new investor join your private sale? Are there any minimum investments required and other requirements ?Do you have also any referral programmes and bonuses on buying?<\/em><\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n You know how to choose really valuable things<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n sure.<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n To join the Token Sale, simply log in at the below link,\ncomplete your KYC and begin with your purchase. <\/p>\n\n\n\n https:\/\/crowdsale.trustrecruit.io\/<\/a><\/p>\n\n\n\n The Fundraising Target is $10.1m with a Soft Cap of $2m. The\nToken Sales is split into 3 rounds of roughly 30 days. Each round has the prices\nincrease with the differential between the Private and Public Token price being\n62.5%.<\/p>\n\n\n\n That said, we wanted the benefits of acquiring our Tokens\nearly to go to all and not just big investors and therefore we decided to\nMarket our Private Round as well and get retail investors. And, accordingly, we\nhave kept the entry barrier very low at just $100. <\/p>\n\n\n\n Of course, when one invests more they can earn up to 16%\nadditional Tokens in Referrals and Bonuses – the details of which are on our\nwebsite. <\/p>\n\n\n\n Within this short duration, we have already collected a\nlittle over $600k with another 25 days remaining. So, we\u2019re very happy with our\nprogress.<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Are you still in the first round, so that the investors\ncould benefit from the best price?<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n \u0421ould you tell us please about your tokenomics btw<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n Yes. People are still early as we have 25 days left before\nclosure<\/p>\n\n\n\n Absolutely.<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Satoshiclubbers, do not waste time! It’s still a great\nopportunity to become a part of Trust Recruit with the best price!<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n We’re building a Deflationary Token Economy, which includes\nbuyback and burning to support the overall token growth with time. The Price\nincrease benefits of all such moves will accrue to the Long-term Token holders.\nOne of our main objectives is to limit and reduce the Token Supply long-term.\nTowards that, we’ve planned to take several steps. Chief among them is to use\n10% of our Quarterly Profits to Buy-back and then burn tokens. This process\nwill go on until the Total Circulating Supply comes down from 10 billion to 5\nbillion Tokens, effectively halving the supply. <\/p>\n\n\n\n Out of the total token supply of 10 billion, we are selling\n3.2 billion in this crowdfunding campaign. The Token Sale is happening in 3\nrounds Private, Pre-Sale, and Public rounds, with increasing prices in the same\norder. <\/p>\n\n\n\n The remaining tokens are dedicated to the project with the\nmajority being towards development, marketing, community building. All unsold\nTokens during this Token Sales Campaign would be burned at the end of the\ncampaign. The team & developers’ token allocation are locked in a smart\ncontract over a long vesting period with a small proportion being released as\nper the schedule in the smart contract.<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Thanks for sharing<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Can we proceed. Or you want to add something?<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Seems like all the details are taken into consideration <\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n let me add one small bit to this<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Of course<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n First of all, we have been building the platform for well\nover a year now. We launched the platform about 2 months ago. We ran a\nsuccessful bug bounty campaign. We are now focused on expanding our user base,\nby acquiring more users and employers.<\/p>\n\n\n\n People can sign up and play around with the platform here. <\/p>\n\n\n\n https:\/\/app.trustrecruit.io\/myCommon\/register<\/a><\/p>\n\n\n\n So, as much as this campaign is about raising funds to\ncontinue with the remaining of the development. It is also about raising\nawareness, bringing in actual users, and growing the community. <\/p>\n\n\n\n So, I would encourage people to ask their friends and family\nas a lot of them would be employed or be providing employment to review an\nalternate platform and an alternate vision of the Recruitment industry that we\nare aiming to set. And, our deep commitment to the vision, our year-long time,\nefforts and personal funds investment, and our long-locked Tokens are all aimed\ntowards building a long-term sustainable organization that delivers on the\nvalue and create a contemporary industry standard. I know a very ambitious\ntask, but, we are up for it.<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n you are incredibly ambitious guys<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Thanks a lot for the great explanations. Ready for the next\nquestion?<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n yes..<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Let’s see the second question now<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Q2 from Telegram User @JesusFre1tes<\/em><\/p>\n\n\n\n Nearly 80% of all job openings are not posted online, as companies rely more on word of mouth and internal recommendations than on external recruitment. How will Trust Recruit break this paradigm and establish a reliable reputation-based system that will allow companies to use its system as an easier method of recruiting qualified personnel?<\/em><\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n Alright, so before I explain how we envision to break into\nthis. I do want to explain what’s really at the heart of this issue and why\npeople really resort to the safety of referrals than trying to find good\ncandidates from a larger talent pool. <\/p>\n\n\n\n And, don’t get me wrong referrals are absolutely wonderful.\nI use them to hire in my own company, have been doing that for nearly 8 years\nnow. That being said, there are times when you really need fresh thinking and a\nfresh approach and you need to have a wider talent pool to use for filling\ncritical roles.<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Most of the companies even encourage referrals through\nadditional bonuses. So, this is something that also needs to be taken into\nconsideration and set on Trust Recruit side<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n I worked as a recruiter a few years ago and I preferred to\nhave a talent pool. The personnel reserve and the interchangeability of\npersonnel is a success for the team.<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Can you visually demonstrate how it works?<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n TrustRecruit is aiming to dis-intermediate the current\nrecruitment ecosystem that is highly unreliable, fragmented, inefficient, and\nexpensive. To achieve this objective, TrustRecruit has built the world\u2019s first\nAI-enabled Fully-Verified, Certified Resume NFT Marketplace. The application of\nAI and Blockchain to recruitment is unique<\/p>\n\n\n\n As I explained earlier, the recruitment industry has many\nintermediaries and is costly to function and still leads to undesirable results\nof poor hiring where the employees have to often let go. We\u2019re trying to\naddress these problems through our platform. Reduce the cost, time of hiring,\nand improve the recruitment process and the quality of hires<\/p>\n\n\n\n Job seekers come to the platform, create their profiles, and\nsubmit all their professional details. These details are first verified. Once\nverified and approved the ability to submit this information to the Blockchain\nand mint an NFT corresponding to the submission is enabled. Post minting the\nNFT people can even fractionalize their NFTs. The NFT owner can decide to list\nthe NFT on the Resume NFT Marketplace where it can be viewed, bought, and sold<\/p>\n\n\n\n The listed NFTs are directly matched against the submitted\njob descriptions using our Proprietary AI Matching Algorithm. Job seekers see\nrelevant matches and can choose to answer a few questions and then get\nshortlisted for interviews. Likewise, employers too can see matching job seekers\u2019\nResume NFT and can request them for interviews<\/p>\n\n\n\n The minted NFT can be Fractionalized. These NFTs can then be\nlisted, bought and sold on the Resume NFT Marketplace. Recruiters can buy\nfractions of the NFT to gain exclusive access to the Resumes of some of the\nhigh-quality candidates.<\/p>\n\n\n\n Each viewing of the listed NFT earns Native Token (TRT)\nrewards for the NFT owner. Companies and Recruiters pay a subscription fee to\nview the NFT, whereas the NFT owner gets paid for each view. Recruiters can\neven buy fractions of the NFT to gain exclusive access to the Resumes of some\nof the high-quality candidates.<\/p>\n\n\n\n The entire ecosystem has been designed in a way to create a\nstrong incentive for job seekers to continuously update their Resume NFT with\neach new professional accomplishment and have it listed for viewing on the NFT\nMarketplace since each viewing earns them rewards even if they don\u2019t get hired.<\/p>\n\n\n\n Furthermore, job seekers can add to their verified NFTs,\nverified Video Resumes, Video Tests, Skill Tests, and so much more, making them\nvery attractive for hiring. <\/p>\n\n\n\n TrustRecruit\u2019s proprietary AI Matching Algorithm enables the\nhighest quality matching of the best-fit job seekers to the jobs. These are the\ncandidates the companies would like to directly schedule the interviews with,\ninstead of spending time assessing and screening them. It\u2019s a win-win for both\nthe recruiters and jobseekers.<\/p>\n\n\n\n TrustRecruit eliminates all false information from resumes,\nthereby paving the way for storing authentic professional footprints digitally\nthat can be relied upon to recruit candidates without the need for any further\nverification, thus drastically reducing the hiring costs and time and\nsignificantly improving the quality of hires. The combination of the\nabove-listed features and the application of the intersection of Blockchain and\nAI to recruitment is unique. <\/p>\n\n\n\n We strongly believe that when we offer these incentives to\njob seekers and to employees they are more than likely to use TrustRecruit for\nhiring than for all other alternate options. Because it truly eliminates the\ninherent friction, reduces the time, cost, and efforts to hire. That\u2019s our side of thinking which seems to\nresonate a lot with all our early Partners. We have the top 3 Recruitment Firms\nfrom France as our early partners and we are adding more and they all seem to\nreally like what we do. However, besides our own side of thinking, we are also\nfocused on doing grassroots level marketing and getting people onboarded. As I\nsaid, either people are employed or offer employment to others, there\u2019s hardly\na professional who wouldn\u2019t be doing either, so our target audience is mass<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Thank you for this complete answer!<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n Yes, and would certainly love to talk to you separately and\nask for your thoughts after you have tested the platform. Of course, will offer\nyou some TRT Tokens for your efforts.<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Great answers<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Let’s proceed to the next question<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Q3 from Telegram User @chinyere2020<\/em><\/p>\n\n\n\n I learnt that the Trust Recruit Token ($TRT) will have 3 different sale stages, one of which is the Private round which is ongoing at the moment. Can you give more information about this Private round and how interested users can participate? Can any interested user participate in this Private round or can only selected investors be eligible to participate? At what price is $TRT sold for during this Private round and what is the hard cap of this round? Can you also give an idea of when the other $TRT sale rounds will take place?<\/em><\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n sure. some parts of the answer, I have covered previously.\nLet me address them here once more.<\/p>\n\n\n\n People can participate by going to the below link:<\/p>\n\n\n\n https:\/\/crowdsale.trustrecruit.io\/<\/a><\/p>\n\n\n\n The private round obviously is geared towards the early\nbigger investors, however, our Tokenomics Head at the final review suggested\nthat we also allow smaller investors to benefit, as most projects let bigger\ninvestors benefit from early investing, and we could be different and let retail\ninvestors benefit. <\/p>\n\n\n\n In line with that, we changed the entry and bought it down\nto $100. So, now anyone can buy the Token at a price of $0.0025 with a minimum\ninvestment of $100. <\/p>\n\n\n\n Of course, if you invest more you stand to earn an\nadditional 16% more tokens via referrals and commissions.<\/p>\n\n\n\n The Stage Cap is $3m and we end in 25 days, and in a short\nperiod, we have already collected $600k.<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n sounds good enough<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n And I love that you took care of the small investors.<\/p>\n\n\n\n Thanks for the clean answer! Ready to move on to the next\nquestion?<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n thanks. yes, please<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Q4 from Telegram User @Anne_Tim<\/em><\/p>\n\n\n\n One of the first things that attracted my attention is the fact that Trust Recruit turns people\u2019s resumes into unique NFTs. The minted NFTs are available on your Marketplace for employers and recruiters to buy and trade for fees. As we know once bought, NFTs provide exclusive rights of ownership. How does it work here, with people\u2019s CVs? What if any candidate does not allow a particular employer own personal resume? Are the candidates able to set access preferences to CVs on your Marketplace? Thank you!<\/em><\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n Good question!<\/p>\n\n\n\n So, as I explained above the resume is owned by the people\nthemselves (no employer or recruiter owns any resume) and they get monetary\nbenefits every time their resume is viewed. <\/p>\n\n\n\n TrustRecruit is a platform, simply to create this 2-sided\nnetwork of job seekers and employers, and let them come together in a\ndecentralized way. But, the control of the data and who sees the NFT is all\nwith the job seekers.<\/p>\n\n\n\n The candidates have the ability to set access permissions,\nthey can even have their NFT becomes totally invisible and undiscoverable by\nthe Marketplace. So, all these controls are with the Job seekers, the owner of\nthe NFT<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Can the users see which companies viewed their CVs?<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n YEs<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n it’s a great system<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n Not just which company, but also who viewed and how many\ntimes, so all the details can be viewed by the job seekers. Giving them control\nover the process<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Great! <\/p>\n\n\n\n Thank you for the explanation!<\/p>\n\n\n\n Ready to proceed to the next question?<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n Pleasure!! <\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n yes please<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Q5 from Telegram User @ysasoma<\/em><\/p>\n\n\n\n I read on Twitter that Trust Recruit accepts payments in different currencies including its $TRT token, so, knowing this, I would like to ask you, what are the main functions that the $TRT token would have, currently, most investors only care about profits through short-term but, could you also tell us, what would be the long-term benefits of keeping the $TRT token in our wallets, and finally tell us, how do you plan to prevent $TRT from losing value over time, what is the importance, that Trust Recruit give this topic? do you plan to burn tokens to avoid such problem or use another strategy to minimize this risk?<\/em><\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n The TRT Token is the primary way to get access to most of\nthe core services on the platform. These services include being able to mint\nNFTs, fractionalize NFTs, buy & sell NFTs. It costs a subscription fee to\nview Resume NFTs. If the Fee is paid in the Native TRT Token then the cost of\nthis is substantially lower than in Fiat. <\/p>\n\n\n\n At the time of launch Staking of the native TRT Token will\nbe enabled on the Platform, thereby adding another avenue to benefit from the\ntoken. The Staking pools will be formed for 3-month long durations. We\u2019ve some\nreally handsome Staking rewards lined up.<\/p>\n\n\n\n We will be using 10% of our Quarterly Profits to Buy-back\nand then burn tokens. This process will go on until the Total Circulating\nSupply comes down from 10 billion to 5 billion Tokens.<\/p>\n\n\n\n Furthermore, since the TRT value is intrinsically linked to\nthe value of the Resume NFTs in collective on the Platform, so as people work\nand accrue experiences and grow professionally each year, so does the value of\nthe NFT. And, with this growth also comes the growth in the value of the Native\nTRT Token. So, holding TRT Tokens long-term is a good way to see appreciation\nin value, since the value of a person professionally and their associated NFT\nis bound to rise with time and experience.<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n These are related things.<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n So much usecases of TRT token! Just left to remind one more\ntime that now is the best time to buy it, once the price is the most attractive\non the presale<\/p>\n\n\n\n Ready to see the last question of this part of our AMA?<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n sure<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Q6 from Telegram User @Rozielyna<\/em><\/p>\n\n\n\n Trust Recruit recently announced its New Ambassador Program for those who want to spread the word about Its Ecosystem opportunities across their own international communities and profiles. I also learned that there are 3 categories of the ambassadors : Content Creators, Shilling Ambassadors and Community ChatterBox. Can you please share more details about the Ambassadors Program? What are the Roles of the Various categories and what are the rules for users to be able to be one of the ambassadors in this categories? How can I apply to become an ambassador? What are the incentives \/ benefits attached to being an ambassadors on Trust Recruit?<\/em><\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n This is really a wonderful question. thank you so much for\nasking.<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n Well, we are beyond excited to welcome passionate community\nmembers as our Brand Ambassadors. <\/p>\n\n\n\n The Ambassador program is open for those who want to spread\nthe word about our Ecosystem opportunities across their own international\ncommunities and profiles.<\/p>\n\n\n\n Depending on the interest people can choose between the 3\nroles we offer.<\/p>\n\n\n\n Categories include: <\/p>\n\n\n\n ▫️Content creators <\/p>\n\n\n\n ▫️Shilling Ambassadors<\/p>\n\n\n\n ▫️Community Chatterbox<\/p>\n\n\n\n Full Details here:\nhttps:\/\/medium.com\/@trustrecruit2022\/trustrecruit-ambassador-program-329e74a0a32f<\/p>\n\n\n\n \u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014-<\/p>\n\n\n\n ▫️Find Us Here:<\/p>\n\n\n\n \u00a0Telegram Community Group: https:\/\/t.me\/TrustRecruit<\/a><\/p>\n\n\n\n \u00a0Telegram Announcement Channel: https:\/\/t.me\/TrustRecruitAnn<\/a><\/p>\n\n\n\n \u00a0Reddit: https:\/\/www.reddit.com\/user\/TrustRecruit<\/a><\/p>\n\n\n\n \u00a0Twitter: https:\/\/twitter.com\/trust_recruit<\/a><\/p>\n\n\n\n \u00a0Facebook: https:\/\/www.facebook.com\/TrustRecruit-109869988206407<\/a><\/p>\n\n\n\n \u00a0LinkedIn: https:\/\/www.linkedin.com\/company\/trustrecruit\/<\/a><\/p>\n\n\n\n \u00a0Website: https:\/\/www.trustrecruit.io<\/a><\/p>\n\n\n\n Whitepaper: https:\/\/trustrecruit.io\/assets\/images\/pdf\/TrustRecruit.pdf<\/a><\/p>\n\n\n\n \u00a0Medium: https:\/\/medium.com\/@trustrecruit2022<\/a><\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Thanks for sharing<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Some more links for our community to save!<\/p>\n\n\n\n Thank you for these great answers during the 1st part of our\nAMA!<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n Thanks so much!<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Now, we are ready to proceed to LIVE questions from our\ncommunity!<\/p>\n\n\n\n The storm is almost here!<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong><\/p>\n\n\n\n Thank you so much for this great first part of the AMA! you\nare a great speaker!<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n We will open chat for 120 seconds, once we close it back –\nplease choose 10 questions to answer<\/p>\n\n\n\n Please do not answer questions during th\u0443 storm<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n sure<\/p>\n\n\n\n Pavel P<\/strong><\/p>\n\n\n\n Are you ready? <\/p>\n\n\n\n Let’s GO!<\/p>\n\n\n\n Q1 from Telegram user <\/em> @krish_crypto22 <\/strong><\/em><\/p>\n\n\n\n Currently you are doing your private sale on your website,what is the minimum investment we can invest in your private sale and when are you going to do your Public sell?<\/em><\/p>\n\n\n\n Lila Benhammou<\/strong><\/p>\n\n\n\n 1) Small investors – $100 (min ticket size) 2) Invest $1000 – and get 5% Referral Bonus (what’s more – the referred person also get 1%) 3) Invest $2001 and beyond (depends on different slabs) and get up to 10% additional bonus So, in essence, you stand to earn up to 16% over and above your investments, making this all-inclusive and open to all sizes of investments.<\/p>\n\n\n\n Q2 from Telegram user <\/em> @vector_190 <\/strong><\/em> <\/p>\n\n\n\n I was going through your website and I found trustRecruit is very unique project,it converts our Resume in NFT and upload it on their Pool for the Recruitment,Do you think Currently you have any Competitor in this field?<\/p>\n\n\n\n Anurag Yadav<\/strong><\/p>\n\n\n\n Well, at the risk of sounding either ignorant or boastful, let me state that we are the one of a kind in this space who have built a product for the Recruitment industry at the intersection of Blockchain (NFT) and AI, along with DeFi.Of course, we have competition, but only to different parts of our business from the Traditional players – online job portals such as indeed.com<\/a>, LinkedIn, etc. However, we do not have a single player today who competes with us comprehensively across all parts of the business – the features and attributes that we combine.<\/p>\n\n\n\n Q3 from Telegram user <\/em> @GLIMPSE02 <\/em><\/strong><\/p>\n\n\n\n Can I get an Employment in the Trust Recruit Platform, Have You Recently launched any HIRING or Recruitment program , Please tell me ?<\/em><\/p>\n\n\n\n Anurag Yadav<\/strong> <\/p>\n\n\n\n We have 5k user base and we are inviting people to join the platform. Please sign up and play and join the platform<\/p>\n\n\n\n https:\/\/app.trustrecruit.io\/myCommon\/register<\/a><\/p>\n\n\n\nPart 2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n