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Eternal Trusts – a hybrid intelligence platform

We thank CoinMessenger for their help and expertise.

Eternal Trusts is a hybrid intelligence platform that manages and spends crypto-assets in line with preset long-term objectives. Eternal Trusts combines hybrid intelligence technology with smart contracts to make the traditional trust funds and fiduciaries a thing of the past. ET represents a decentralized and autonomous financial means capable of making a long-lasting impact according to your own futuristic scenario. The blockchain-based crypto wallets linked to the Purpose Execution Flow of the Eternal Trusts platform can operate for centuries, turning to expert-backed hybrid intelligence to seek the best providers capable of performing the grand purposes set by the settlors, be it supporting multiple generations of their offspring financially, contributing to a global charitable cause, or even extending their lives by preserving their biomaterial for the long-term.

The platform

The platform attracts and incentivizes multiple pools of experts, organizations and AI-algorithms that become responsible for constantly breaking down the settlors’ long-term objectives into smaller parts and seeking the most reliable providers that can complete them in the most optimal way. In addition to that, when a Settlor’s objective becomes feasible, there has to be an excess of funds in management to afford the purchasing of every necessary component. So the platform provides mechanisms that maximize the chance of growth of the Settlor’s crypto-assets, which are managed according to the most reliable long-term strategies, generating returns from investments in tokenized traditional asset classes.

In a broader sense, Eternal Trusts is a decentralized marketplace where individuals can devise products and services necessary for them, where research groups and companies can analyze potential demand for their latest developments, and finally, where customers of their unique product can create smart contracts that will ensure autonomous acting on their behalf with the help of Hybrid Intelligence. Basically, the platform converts the major part of the job of a Trustee into a code.

Eternal Trusts solve most of the issues of traditional trusts:
● Much lower costs of incorporation and administration;
● Extensive range of purposes, including those that will become legal, ethical and executable in the future;
● Eternal Trusts exist solely in the crypto world as a decentralized autonomous organization and assets are shielded against regulations.

The most commonly requested services on their platform so far are (in order of popularity):
1. Financial support for the family going forward
2. Dynasty support (including social support, healthcare, education for family members, as well as for those that are yet to be born)
3. Life extension, constant requests to oracles on the platform as to what current technologies of biomaterial preservation are most suitable in any particular case, in addition to algorithmizing actions with stored biomaterial (cloning, mind uploading, restoring brain after cryopreservation / chemical fixation)
4. Managing crypto assets until retirement (a pension plan).

BUSINESS MODEL

In accordance with the Purpose Execution Flow, all clients are supposed to purchase and go through onboarding services with Oracles to get everything customized – this part of the business process is paid with the initial fee, to be adjusted by the DAO. Within the lifecycle of a product or service, the client pays transactional fees that may be of a different nature. It is recommended to purchase one specific service regularly, at least once a year – that is a revision of an investment strategy for the client’s assets. There are no more compulsory fees included in their financial model in order to keep it reasonably pessimistic and simple to verify. To sum up, there are three main sources of revenue. They can be 100% tokenized, i.e. paid by ET tokens, or can be paid as a part of the traditional management fee as a portion of Assets Under Management (AUM) in case of long term purposes:

Onboarding fee of 600 USD (Customizing a personal smart contract, breaking down the purpose into identifiable milestones, choosing a Protector, a group of dedicated oracles, arbiters, solution consultants and voters, creating a client profile, appending the broken down purpose onto the public blockchain, and uploading the private information of the client into the private blockchain)
● Yearly investment strategy revision of 600 USD ( reshuffle of asset managers in order to keep the investment strategy up to date. At least once a year is recommended, once a month is optimal)
Acting on triggers,​600 USD worth of Eternal Trusts tokens for casting a new vote and acting according to a solution that requires the transfer of assets to a new crypto wallet.

Source: youtube/Eternal Trusts


For more information, visit the WEBSITE or read the Whitepaper.

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