#TrustaAI Trust Lab (also associated with Trusta.AI) is a legitimate and robust entity operating in the Web3 space. They focus on AI-powered identity and reputation infrastructure. They successfully raised over $3 million in seed funding in January 2023 from several prominent investors.
Here are some key points regarding Trust Lab and their strength^_^
Funding and Support:
Trust Lab has received financial backing from recognized venture capital firms such as SevenX Ventures, Vision Plus Capital, HashKey Capital, Redpoint China Ventures, GGV Capital, and SNZ Holding. This indicates investor confidence in the company's potential.
Product and Focus:
Their main product, TrustScan, is designed to identify valuable users and combat Sybil attacks in airdrops, which is crucial for ensuring fair token distribution. They use AI and machine learning to analyze on-chain data.
Reputation and Scam Warnings:
While Trust Lab is a legitimate entity with a clear product, there are serious warnings about scams impersonating Trusta.AI (TA). Binance itself has issued official warnings about fake links mimicking Trusta.AI. Some reports indicate individuals have lost significant amounts of money due to these scams. Scammers use fake websites and social media links to trap users.
Trading Volume and Market Cap:
The Trusta AI (TA) token is traded on cryptocurrency exchanges like Gate, Bybit, and MEXC, with significant trading volume. It also has a listed market capitalization on CoinGecko, indicating it's an active asset in the market.
Conclusion:
Trust Lab as a company is legitimate and robust in terms of its funding, technology, and their goals in building Web3 infrastructure. They have a functional product (TrustScan) and their token is traded on known crypto exchanges.
