4 ms·

Here's what I love about the idea: it's very easy to monetize with high-margin products and services. It's already closely tied to assets and purchasing with a

Here's what I love about the idea: it's very easy to monetize with high-margin products and services. It's already closely tied to assets and purchasing with a valuable customer base. I see huge potential! The problem I see is that it's going to be hard to get people to enter all of their things into an app on an ongoing basis. It makes life seem more complicated by adding an additional step. If users fall behind and fail to enter items the app loses its usefulness. It seems to me the best thing Trov can do is make adding new items as easy as possible.

quotient 12y ago
Well, remember the 80-20 rule: it is likely that only a small number of your assets constitute the vast majority of your net worth. You're not going to enter _everything you own_. Simply entering the valuable things should be a sufficient approximation, which is what I think the user would be interested in, rather than a pedantic to-the-last penny assessment, since Trov itself returns merely _estimates_.