REVAIN started crowdsale less than 24 hours ago and are already boasting impressive numbers. They have raised 883 Bitcoin during the first 6 hours with the total of 1052 Bitcoin over last 20 hours. REVAIN’s Popularity Induced Technical Issue REVAIN had an unexpected server overload that resulted in technical issues which preventing some of their investors from contributing. They acted on their feet and got through that situation. The system is working properly now and all the transactions are running smoothly. Their crowdsale page had received over 500,000 requests. Real Time Crowdsale Updates REVAIN’s crowdsale provides real time updates on
REVAIN started crowdsale less than 24 hours ago and are already boasting impressive numbers. They have raised 883 Bitcoin during the first 6 hours with the total of 1052 Bitcoin over last 20 hours.
REVAIN’s Popularity Induced Technical Issue
REVAIN had an unexpected server overload that resulted in technical issues which preventing some of their investors from contributing. They acted on their feet and got through that situation. The system is working properly now and all the transactions are running smoothly. Their crowdsale page had received over 500,000 requests.
Real Time Crowdsale Updates
REVAIN’s crowdsale provides real time updates on the progress of the sale. On their crowdsale page a transaction table that displays all the transactions in real time and shows which currencies are being used. The most popular crypto their investors are using so far are Bitcoin, Ethereum, DASH, and ZCASH. These are not the only cryptos they accept, so if you prefer to use a different cryptocurrency check out their crowdsale link for the full currency list and real time transactions table.
Blockchain Based Review Platform
The overwhelmingly positive response to REVAIN’s crowdsale suggests that many people agree with the project’s vision and goals. One of the most appealing features is their use of the blockchain to keep information encrypted in a distributed database making it impossible to be modified later. REVAIN uses the blockchain to create the platform for user reviews to guarantee tamper-proof reviews. They will also encourage users to produce quality reviews by rewarding them with a their native token. It is a partially-decentralized token platform for building reputation.
Since REVAIN is a blockchain economy, it makes sense that the first reviews will be dedicated to ICO and cryptocurrency exchanges. Reviews about ICOs from investors and experts can be used by external rating systems which may garner new interest by even more industry professionals. The platform will expand beyond rating ICOs to cafés, hotels, and other consumer industries.
Reviews and Reputation
Users write and read independent reviews database built on the Ethereum blockchain. The economic model uses two token types: an R-token for crowdsale and an RVN-token for transactions within the platform. R-tokens will be sold on exchanges, while RVN-token will act as a stable coin to level token’s volatile exchange rate. RVN-token will reward users for quality reviews and withdrawn from companies’ balance for those reviews. Platform abuses will result in RVNs being taken from the accounts of those users as a punishment system.
Reviewing businesses and building reputation of reviews is a proven model that works for many different industries. Booking.com, tripadvisor, and foursquare emphasizes reviews as core to their businesses, but REVAIN sees this as the business. Instead of just incentivizing active users, REVAIN is giving back direct motivation to the users within the platform by giving consumers back the control with 100% tamper-proof reviews. .
REVAIN crowdsale is scheduled to last till September 6, 2017.
Check out their site here: https://revain.org
To take part follow these instructions: https://medium.com/revain/revain-crowdsale-instructions-507ca0079f43
Join their Telegram live chat for real time update: https://t.me/joinchat/CzZcC0PCgpJcbBCb3JfNeQ
Check out their whitepaper: https://crowdsale.revain.org/
Facebook: https://www.facebook.com/Revain-Reinventing- Reviews-on- Blockchain-657353151128295/?ref=br_rs
Twitter: @revain_org
Telegram: https://t.me/revain.org
Medium: https://medium.com/revain
This is not investment or trading advice, always do your own independent research.