TrustaBit is developing a software solution using blockchain to automatically issue flight delay or cancellation vouchers to passengers. Their pre-ICO begins on February 2nd, 2018 with a hard cap of $49 million. The project aims to solve problems passengers and airlines currently face with delayed vouchers by issuing them immediately on the blockchain. If successful, it plans to expand to other industries like retail and hospitality.

1. ICO Digest
Project Name TrustaBit
Logo
Link https://tokensale.trustabit.io/?utm_source=icobench
Sale stage pre-ICO
Description TrustaBit is a state of the art software solution that will give airlines the
opportunity to automatically issue vouchers to passengers when their flights
are canceled or delayed. (White Paper)
Token's ticker code TAB
Token's platform Ethereum (White Paper)
Token sale start date 02.02.2018 (White Paper)
Token sale end date 12.02.2018 (White Paper)
Hard cap $49.000.000 (trustabit.io)
Soft cap $3.000.000 (trustabit.io)
Problem (White Paper)
Whose problem Passengers and airlines
Problem definition Currently, when a passenger’s flight is delayed, there is no seamless way for
them to get a voucher. The passenger has to explain what happened to a call
center or through a form, wait for the customer service rep to decide whether
they will receive a voucher and for what amount, then continue to wait for the
voucher to be emailed or mailed to them. Then the passenger has to wait again
for the voucher to either be emailed or mailed to them. By the time the voucher
reaches the passenger the customer loyalty has already decreased. The
frustration from this customer's experience can impact the airline's reputation
and future sales in a number of ways, as disgruntled customers may post
negative social media posts, share poor reviews online and offline, and bring
their future business to a competitor."
Problem solution By using our software, we want to nurture back the travelers emotional
connection to your airline. When you deploy TrustaBit into your environment,
users can be compensated immediately based on set business criteria. The
vouchers will be sent to their email address immediately when their flights are
delayed or cancelled without the need for them to call into a call center or to fill

2. out a form. This will allow you to make things right with the passenger the first
time to increase brand loyalty.
Role of blockchain Hyperledger Fabric DApps serves as a trusted party which decides on how to
solve disputes between passenger and airline, implement business rules, define
e-voucher workflow, store sensitive data and restrict access to it. DApps are
exposed to external systems via REST services, event subscription and DB
replication mechanisms. Proposed technologies: Hyperledger Fabric Composer,
JavaScript or TypeScript programming language.
Market
Target group Passengers, travel agency, airlines, airports (White Paper)
Market capacity 8.000.000 (trustabit.io)
Competitors AirHelp, Refund me, TravaCoin, Etherisc (White Paper)
Business model
Description Not found
Token's function TABs are a proprietary "currency" of sorts which be used in a similar way to an
online gift card or voucher, except that it is more elastic and secure. The day the
user receives a voucher is when it holds the most value in TABs. As the voucher
ages it becomes less liquid.
Token's growth. Not found
Independent audit
Auditors Not found
Object of audit Not found
Result of audit Not found
Prototype
Implemented functions Not found
Prototype's release date Not found
Prototype's URL Not found
Free access to prototype Not found

3. Token distribution
Tokens' distribution 61% Main Token Sale;
17% Team;
10% Early Investors;
5% Advisory Board;
4% Pre-Token Sale;
3% Bounty;
10% Early Investors.
Funds' usage 40% Development;
30% Marketing;
15% Operation;
10% Contingency;
5% Legal
Tokens' restrictions For team: 2 years vesting with 6 months cliff (25% maturity every six months);
For advisors: 6 months vesting with 3 months cliff (50% maturity at end of month
three and the rest on month 6)
Decentralisation rationale
Reasons for
decentralisation
Vouchers are historically susceptible to security risks including internal and
external fraud. Through the implementation of blockchain technology, TrustaBit
will allow major airlines to track issued vouchers so that a secure chain of
transfer can be generated which will provide the encrypted details needed to track
the senders and recipients of funds.
Social media activity (quantity + link) 25/01/2018
Github
1 repositories
Reddit
10
Facebook
389
Telegram
241
Twitter
381
Bitcointalk
31
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Milestones
31.03.2018
Team set up
Token presale
Token sale
Distribution and creation of TABs
30.06.2018
API integration with Blockchain technology
Smart contract development
Security audit
Formation of strategic partnerships
30.09.2018
Brand awareness initiatives
International marketing campaigns
Worldwide launch of TrustaBit API
31.12.2018
Product Development
Increase our addressable market
integrate TrustaBit into broader market’s (retail, hospitality, tourism)

5. Team
SARITTA HINES CEO/Founder
Holding over 13 years of experience in data analytics, Saritta Hines is a trusted
leader at bridging strategic business initiatives with expert IT implementations.
Saritta has successfully spearheaded projects in the tech world for industry
leaders including Cymer, Allergan, Bank of Montreal, Novartis and Dow
Agrosciences
LinkedIn
BLAIR WHITE Chief Sales Officer
Blair has ranked in the top 10% in the sales divisions of AT&T, Verizon, and
Apple, to name a few. During her tenure at Apple, Blair was key in acquiring one
of the highest retail sales in Apple retail history.
LinkedIn
WOODY MEANS CTO
Woody is an accomplished Sr. Platform Architect at Cymer where he has
developed machine learning algorithms to improve part efficiency.
LinkedIn
JAYMES HINES Chief Marketing Officer
A veteran multimedia producer, content creator, community & content
strategist, event producer, and social entrepreneur.
LinkedIn
LANDON WILLIAMS UX/UI
Landon runs a successful dynamic internet solutions company that offers a
comprehensive approach to internet marketing, website design, brand
management, and SEO services.
HAKAR SULAIMAN Creative Design Engineer
Since 2011, Hakar has been an aspiring creative design engineer.
Facebook
SHELETHA DREW Senior Corporate Tax Analyst
She started her career with KPMG working in the domestic income tax group.
She specializes in U.S. domestic income taxation and has served large U.S.
corporate taxpayers in various industries including Banking, Manufacturing,
Casino Gaming to name a few. Her experience entails federal and state income
tax compliance for U.S. corporate and pass-thru entities
LinkedIn
KELVIN NDREBA
NGENDO
Blockchain Developer
Born in Kenya, he earned a bachelor's degree in
Information Technology (B Sc IT) at Dedan Kimathi University of Technology,
Kenya. In the course of his career, he has developed several Dapps, Desktop

6. Applications, websites, and Smart Contracts in Ethereum. He also works
perfectly with NodeJs, SQL, web3js, IoT, MongoDb, Meteorjs and Expressjs.
LinkedIn
JAMARR JOHNSON Director of Marketing
JaMarr John Johnson is a former Marine, Naval Officer and Systems Engineer
with 20 years of sales, marketing and leadership experience.
LinkedIn
SAMUEL DARE Lead Hyperledger Developer
Samuel is a Solution Architect with over 10 years of experience delivering end-
to-end enterprise solutions across Blockchain, Data Science and Marketing
Automation. Blockchain: Hyperledger Fabric, Hyperledger Composer, Ethereum.
LinkedIn
Mahroze J. Baloch Advisor
Corporate Transactional Attorney.
LinkedIn
Casey Gardiner Advisor
Cofounder at DigiWallet.
LinkedIn
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7. Digest transcript
Project Name May or may not coincide with company's name.
Link This is the link to tokensale's website.
Sale stage PreICO or ICO
Description 2-sentence description of the project.
Token's ticker code Token's shorthand for listing on the exchange.
Token's platform Which platform is used for token generation?
Token sale start date This is the official date
Token sale end date This is the official date
Hard cap The maximal amount to be raised
Soft cap The minimal amount to be raised
Problem
Whose problem Whose is the problem?
Problem definition How does the roject define the problem of the audience/clients?
Problem solution How will the project solve the problem?
Role of blockchain What kind of blockchain solutions has been chosen to solve the problem?
Team
Team All information on each team member available from the
website/whitepaper
Other projects Did the team work together on other projects?
Market
Target group What is the project's target group?
Market capacity What is the market capacity for the project?
Competitors Who are the competitors of the project?
Business model
Description How does the project explain (describe) its own business-model?
Token's function What is the token used for?
Token's growth Why does the project think that its token will go up?
Independent audit
Auditors Who were the auditors?
Object of audit What was audited?
Result of audit What is the result of audit?
Prototype
Implemented functions Does the prototype exist and which functions are already working?
Prototype's release date How long has the prototype worked?
Prototype's URL What is the link to the prototype?
Free access to prototype Is the access to the prototype free?
Token distribution
Tokens' distribution How are the tokens distributed?
Funds' usage How are the funds raised going to be used?
Tokens' restrictions Are there any restrictions on the use of tokens by team or anybody else?
Decentralisation rationale
Reasons for decentralization How does the project justify the necessity of decentralisation for solving a
customer's problem?
Social media activity (quantity + link) on the count date
Reddit, Facebook,
Telegram, Twitter
The quantity of project's subscribers and the link.
Bitcointalk: The quantity of replies on post and the link.