One of the most important driving factors behind any decentralized protocol is its community, and that includes developers, validators, token holders, and other stakeholders that contribute to the project’s success in any way possible.

TrustNFT is an association of individuals who have the same interests as the protocol. It aims to achieve its stated goals.

Community members can have many expectations about what they want to see adopted. This is especially true if it has the potential to make a positive impact on the network.

More so, these sets of people have their own respective roles to play, both in the network’s governance, and in ensuring that the day to day operations run smoothly and efficiently.

Vismantas Mtiejunas is the CEO and cofounder of TrustNFT. He explained the role their community will take in the project as well as other expectations. He explained that the TrustNFT protocol community will be participating in the voting process as a decentralized autonomous organisation (DAO).

“The community will have a vote, and that is because we want to build the system together with all stakeholders involved. Participation by the community is essential in order to decide on specific features.

Active communication is important to us. We do AMA sessions every week and send weekly updates on what’s been accomplished. Working together, the best solutions could be found and implemented”
Motiejunas explained.

Holders of TrustNFT tokens will have the ability to vote on various features, parameters and marketing strategies. TrustNFT token holders will have the ability to vote on Governance questions and to help determine TrustNFT’s future. This is to empower TrustNFT members. The tokens that are owned will determine the voting weight.

Additionally, the protocol generates data from voting and blockchain data during the process. This data is passed to the AI system for efficient price oracleing.

TrustNFT is targeting Millennials as well as the younger generation
TrustNFT is community-focused and also wants to provide a user-friendly option to its target audience, which Motiejunas says largely comprises millennials or the younger generation.

Motiejunas said that at this time, millennials desire to trade and take part in crypto. They also want to be able to turn their non-liquid assets into liquid ones. However, they do not wish to lose their assets. Motiejunas said that these are the key attributes to make them ideal for the project.

Motiejunas hopes that users will have less interaction with the system and be more secure in using it.

“Our product’s slogan will be – few clicks to NFT backed loans. In just few clicks you can get the loan price and see your cost. As little interaction as possible, yet as secure as possible to discover the golden middle ground between complexity and simplicity,”
Motiejunas enthused.

Ultimately, TrustNFT wants to facilitate users’ ability to generate profit without losing their assets, all by bringing simplicity to the trading and lending of NFTs.

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