TrustNFT continues to make progress towards becoming a decentralized NFT loan and market. It is working in the right direction. TrustNFT’s goal to offer its clients with crypto loans that are borderless, driven by artificial Intelligence.

TrustNFT, a proprietary project is currently undergoing numerous modifications. There are also a few new updates that may be announced. It is notable that the project started private token sales, and this activity will last until November 29.

Mantas Makevicius is the CTO of TrustNFT and co-founder. Private investors are welcomed as there is not much time to wait to join the moving train.

He pointed out that the discount price is an advantage for early investors, which can be a huge deal compared with the swap price.

The aforementioned update is in line with the project’s proposed roadmap for the month of November, implying that the project organizer is strictly abiding to every set goal which is rather impressive in a field where new projects pop up and wither away every month.

Although the sale of private tokens is still open, you can sign up to the Project Pre-Sales Waitlist. This will close on November 29th.

Members who sign up for the waitlist get unrestrained access to the project’s exclusive platform features before it goes live. Likewise, members of the waitlist will also have access to Telegram’s VIP channels, allowing them to meet other people who share similar interests.

The project organizers also plan to go public by listing the network’s token in an initial DEX offering (IDO) across a few yet-to-be-identified exchange protocols by early December.

TrustNFT Launched In Four Stages

Mackevicius spoke out about the project’s roadmap and revealed that it will consist of four components. The first is the lending component.

His statement stated that the initial product line to enable lending has been scheduled for the first quarter in 2022. Following this launch, activities will continue.

Mackevicius noted that the AI portion of the project’s core will go through iteration in the second phase of the launch. This is the second stage in the launch process. The bot’s training will begin, and the framework of the project will be repeatedly tested to ensure smooth operation.

Mackevicius spoke out about training. He noted that it takes a lot data from the users to get the AI sections of the project up and running. Therefore, they will soon be available after the launch of the product.

“It needs more data. We need to gather data from our blockchain , from our users and public domain to successfully train our AI model”
Mackevicius said.

Asking him about his biggest challenge, he said that AI implementation and training in the project infrastructure would require particular attention.

It isn’t perfect. One of the biggest challenges is having all the necessary data to train the AI. Implementing the AI to clients is going to be the hardest part. But I believe that with one year to train and implement the functionality, all of these challenges will be addressed,”
Mantas said.

The team has now partnered with Andrius Barbtminas because he is an expert in this field, having been involved with at least seven different blockchain projects that integrated AI.

NFTs still have a significant stage. Therefore, there is a need for many adjustments in price evaluation. AI’s job becomes much simpler.

However, the project should be launched fully by 2022, barring technical difficulties.

TrustNFT
TrustNFT’s technological solutions blend DeFi and NFTs, in order to increase utility and unleash the huge potential of NFTs as practical financial instruments.

https://trustnft.org/

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