Start - up TruStory has secured £ ##500 m in seed funding for its platform , which allows users to evaluate the validity of initial investment offerings ( ICOs ) in an effort to help investors avoid scams . The company will evaluate the legitimacy of claims made in white papers and on websites , creating a network of contributors including scientists and researchers who will be rewarded for their efforts with tokens , as well as a potential boost to their reputation and influence .
Start-up TruStory has secured £3m in seed funding for its platform, which allows users to check the validity of initial coin offerings (ICOs) in an effort to help investors avoid scams. The company will evaluate the legitimacy of claims made in white papers and on websites, using a network of contributors including scientists and researchers who will be rewarded for their efforts with tokens, as well as a potential boost to their reputation and influence.