Nowadays, one of the few methods to guarantee that a financial person’s legacy can have a lasting influence is setting up a trust fund, a special type of legal agreement that provides a trusted third party with the right to hold and spend assets for the benefit of the trust settlor. Eternal Trusts combines hybrid intelligence and smart contracts to make the model of a traditional trust fund obsolete and provide an alternative, decentralized financial means to make a long-lasting impact. The “eternal” wallets of ET are built on a blockchain and can operate for centuries, turning to expert voting when needed to seek the best providers that can perform the purposes set by the settlors.
How is Eternal Trusts different from a traditional trust fund?
Eternal Trusts use smart contracts and hybrid intelligence to automate and decentralize the execution of purposes, thereby de-risking the pipeline and making it more affordable. It serves as a collective enforcer and protector of the smart contract Trust that controls every aspect of the purpose execution. By maintaining a pool of experts, the platform can fulfill a much wider range of purposes that require deeper expertise. Moreover, the platform accepts purposes that are not executable at the current moment.
How does it work?
This video describes how Eternal Trusts can fulfill one of the most extraordinary purposes – the purpose of life extension. It explains how Eternal Trusts are superior than traditional trusts and fiduciary services in providing more guarantees, autonomy and a wider range of purposes.
Hopes and ideas of people should not vanish and be forgotten with time: it is important to preserve present generations’ financial, intellectual, and biological heritage and make it matter in the long-term. Nowadays, one of the few methods to guarantee that a person’s legacy can have a lasting influence is setting up a trust fund, a special type of legal agreement that provides a trusted third party with the right to hold and spend assets for the benefit of the trust settlor
Eternal Trusts combines hybrid intelligence and smart contracts to make the traditional trust funds and fiduciaries obsolete. It represents a decentralized and autonomous financial means to make a long-lasting impact. The “eternal” wallets of ET are built on a blockchain and can operate for centuries, turning to expert voting when needed to seek the best providers to perform the purposes set by their settlors.
ET provides a revolutionary high tech alternative to fiduciary services
The platform is built upon a smart contract infrastructure that mimics traditional “Discretionary Purpose Trusts”. Those “eternal” wallets can exist for hundreds of years, always seeking to fulfill the clients’ purposes with all risks minimized due to their decentralized and autonomous nature.
The platform provides mechanisms that maximize the chance of growth of client’s cryptoassets, which are managed according to the most reliable long-term strategies, generating returns from investments in tokenized traditional asset classes. When a Settlor’s objective becomes feasible, there has to be an excess of funds in management to afford purchasing every necessary component.
The platform attracts and incentivizes multiple pools of experts, organizations and AI-algorithms that are responsible for constantly decomposing our client’s purposes into smaller parts and seeking the most reliable providers that can complete them with the utmost quality.
The platform uses a smart contracts based Token to enable the transfer of assets, to store the data securely, and automate the process of voting for the experts, optimizing the Purpose Execution Flow.
Our Rating About The "EternalTrusts" Project
Our Own Ratting
The biggest difference between humans and other creatures is the courage to dream and work hard to achieve. Good luck! This is update rating due to KYC pass!
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