Trinity is a new NEO state channel project, similar to Raiden state channel. The whitepaper is in Chinese, but upon close inspection, I found that the paper copied the content and diagram from Raiden Network homepage (https://raiden.network/101.html)

This is obvious what Trinity trying to do is just to copy Raiden network paper, source code, github and so on. It is really sad to see what happens to Trinity’s project. No innovation, just copy the technology from Raiden Network.

Beware of Trinity ICO! Red flags!!!