Review - TREELION (Whitepaper)

3.2 Architecture of the General Economic System in TREELION (P.14)
“The platform users can contribute TRN to incubate green digital assets on TREELION platform.”

In the graph, Green digital assets are raw assets/revenues including “Carbon Emission Allowance”, “Renewable Energy”, “Forest” and more.

1) Do the contributors have the ownership of those digital assets or rights to receive economic value generated from those digital assets?

2) The TRN tokens will be passed to the issuer and creator of the asset. Is it a fundraising of green digital assets using TRN tokens?

3.2.2 Standardized Green Digital Assets (P.18)

“By registering green physical assets on the blockchain, standardized digital assets can be transferred globally, faster, more conveniently, and at lower cost.”

Will TREELION create ERC-20 tokens for those digital assets? For example, an ERC-20 token (Asset backed token — Security token) for Carbon Emission Allowance in 2020, and the underlying asset is the actual Carbon Emission Allowance. If so, then in 3.2 Architecture of the General Economic System in TREELION (P.14), the contributors are most likely using TRN to participate in STO.

3.2.4.3 Architecture (P.25)

The consensus algorithm should be DPoS which stated in 3.3 TreelionNode (P.29) instead of PoW & PoS?

3.2.4.4 Physical Asset Verification Mechanism (P.25–26)
“Require multiple signatures from custodians, certifiers and auditors to ensure carbon emission allowances and their equivalent digital assets are pegged and exchangeable.”

For Asset Registration Process in the TREELION blockchain,

• Create a smart contract for a new green digital asset (e.g. Carbon emission allowance in 2020, valid until 2028) *
• The contract should be audited and test in the testnet
• Launch the smart contract and issue the new green digital asset token on the mainnet
• The token will be available to trade on TREELION trading platform

*Using a smart contract to redeem or burn the token before / after the validity has expired.

7.2 Issuance Method (P.48)

*Should be 1 Billion instead of 10 Billion on the graph.

10% of TRN will be allocated to Company Buybacks, and is it related to the Repurchase plan below? How is the company going to use the 10% TRN to repurchase TRN in the market?

7.3 Repurchase Mechanism (P.48)

“The TREELION Foundation will repurchase TRN from time to time to support the development of more green digital economy projects and expand TREELION’s ecosystem.”

1) At what price will the TREELION Foundation repurchase the TRN token?

a) If the market price is higher than the ICO price, TRN holders will ask for a premium.

b) If the market price is lower than the ICO price, TRN holders will ask for the ICO price (at least).

2) What is the TREELION Foundation going to do with the repurchased TRN tokens? Given that there are 100M TRN tokens allocated for the Company Buybacks already.

Whitepaper Link: https://www.allcryptowhitepapers.com/wp-content/uploads/2019/10/TREELION-Whitepaper_EN.pdf