Truflation launches Stream Network with TRUF token, democratizing economic data

Truflation delivers the Truflation Stream Network, booted by its conventional token, TRUF, accessible on prime international exchanges such as MEXC, Gate.io, and KuCoin. This will pave the way for democratizing finance and offering connectivity with on-chain financial and economic data.

The TRUF token acts as an economic base for Trueflation’s ecosystem, along with the Truflation Stream Network (TSN), created to incorporate real-world economic data within decentralized finance applications. Being an ERC-20 token on the Ethereum blockchain, TRUF initiates data provider node operation, data offering, data usage, and governance. Holders of tokens can take part in governance via staking and locking their tokens for specific periods.

In the words of Truflation CEO Stefan Rust, this is simply the beginning for them, with miles to go with less sleep and more passion. He also reached out to all of his connected investors, supporters, and the overall community for their assistance and encouragement in turning it into a success story.

He added that via interactions on podcasts, with the help of tweets, and using data for creating applications, the supporters have played a significant role in the company’s achievements. He also acknowledges the initial acceptors, as well as the contributors to the protocol. He has planned an airdrop for all of them as a mark of utmost appreciation.

He believes the launch will be a game changer in economics and data offering and will help Truflation realize its goal of authentic economic truth. 

Coinbase and Chainlink are the boosters of Truflation. It is positioned as the topmost DRP (Definite Reference Point) meant for economic accuracy, propelling the tokenization of real-time assets via its independent, clear, and real-world financial data.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

Related Articles

Back to top button