What is Truth Technology (TRUTH)?

Truth Technology is a technology that works on the different blockchain networks to help its DeFi users make informed decisions. The technology also provides real-time information regarding potential fraud tokens and rug pulls, tracks, and traces whale wallets, thus creating unique trading strategies for its users. According to its official website, Truth Technology aims to launch Platform X in the first quarter of 2022. The X platform seeks to provide crucial metrics and data to its users, allowing them to make more informed decisions and keeping them up to date on the ever-changing crypto world.

Apart from its future mission and vision, the platform has several unique characteristics, such as social media analysis. Social media analysis features enable users to get key indicators like account creation dates, follower growth, organic and paid activity ratio, and many more. 

Being a robust content aggregator, the Truth Technology allows its advanced automated software to bring and publish all available data, such as articles and press releases, onto the X Platform. Furthermore, the platform offers a honeypot checker tool for the analysis of your system’s safety and security. A honeypot is a computer system that is used to detect cyber attacks. 

Besides, the platform provides wallet analysis, liquidity, pair explorer, smart contract analysis, chat forums, and many more features. Liquidity is the easy conversion of an asset into traditional currency without impacting the market price. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.

Moreover, the TRUTH token is the native token of Truth Technology. Token distribution takes place for various purposes. Ten percent of the total tokens are allocated for liquidity. Moreover, 3.3 percent of tokens are for marketing and 33 percent for rewards. In addition to that, 16.7 percent of tokens are kept for investors and 20 percent of them for development. And lastly, 16.7 percent are kept for the platform team. 

History of Truth Technology

Kyle Blain is the CEO of Truth Technology, and the CMO of the company is Mellissa Durante. Mickey Silver is CTO of the company. The platform seeks to release further information about the team in the second quarter of 2022. In addition, in the fourth quarter of the year 2021, the platform’s beta version was launched.