|Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.|
|Start||June 1, 2019|
|End||August 31, 2019|
ICO description, Technical Details and Documents
Review.Network is a Cypriot blockchain startup that has committed itself to eradicate the false online reviews and manipulative market researches by developing a platform that utilizes blockchain and artificial intelligence to ensure the conscientious market research feedback provided by the real end-users. The startup was launched by RN Software Trustless LTD., a software development company registered in the jurisdiction of Cyprus. They had already developed a minimum viable product, the beta version of the Review.Network platform that runs on the Ethereum testnet and IPFS, which is already available for download on the project’s official website. The platform users are incentivized to write honest and objective reviews and participate in market researches by receiving rewards in the form of the Review.Network tokens (REW), which will be offered for sale by the virtue of ICO.
Before getting down to describing the Review.Network’s token-based reward system, it is important to outline the technical and conceptual advantages of this project. First and foremost, it is virtually the first review platform that employs the blockchain technology with the view of ensuring data transparency and immutability of all reviews and research results. In order to make the use of blockchain more rational from the economic point of view, Review.Network uses the InterPlanetary File System (IPFS) as its primary decentralized data storage solution.
There had been numerous articles which outlined the fact that nearly 20% of all reviews on Yelp, one of the largest review forums and advertising platforms with a revenue of nearly $1 billion, are provably fake. To address this vexing problem, Review.Network plans to exploit the innovative fake review detection algorithm which takes into account such factors as review density, emotional components, and semantic scope.
Presently, even the most “reliable” review platforms disregard the demographic nuances, which in effect has a hampering impact on users’ reliance upon such data. However, as proven by the researchers at Purdue University, people tend to place more trust in the reviews when they feature information about the reviewer’s age, gender, place of residence, etc. For this reason, Review.Network introduces the Reviewer Demographic Information Filter to boost the platform’s informativeness and credibility.
Review.Network is a point of contact between businesses, which conduct market research via the platform, and the users who provide comprehensive and unbiased reviews for which they receive remuneration in REW tokens. To prevent the abuse of the system’s capabilities, Review.Network incorporates a staking scheme. The size of the stake determines the user’s status on the platform. For instance, those who want to be anonymous would need to stake a larger amount of REW tokens, compared to those who don’t mind going through the verification process. Companies need to have a higher stake in order to be able to carry out large-scale marketing research.
The reviews are divided into four categories: likes, non-written reviews (audio/video), and short/long written reviews. All reviews are to be confirmed by human validators who are selected in a blind auction.
Review.Network has already attracted more than $1 million in seed investment and now it has the goal of raising at least $5 million more through ICO that is due to start on June 1. The project had allocated 2.7 billion REW tokens for sale. 1 REW token will be offered at a price of 0.01 euro.
* Crypto Rating accepts no liability for any errors in the Review.Network ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
|1||CNX Network||2022||4.943||Active||IoT||July 1, 2022||December 31, 2022|
|2||EMCODEX||2021||4.94||Pre-sale||Commodities, Synthetic Assets||May 18, 2021||September 30, 2021|
|3||LetStudy||2020||4.935||Upcoming||Education||August 1, 2021||August 1, 2022|
|4||FUNA||2022||4.931||Active||AI||June 15, 2022||August 31, 2022|
|5||My Lotto Coin||2020||4.93||Pre-sale||Gaming, Lottery||April 1, 2021||June 30, 2021|
|6||Blockster (BXR)||2021||4.93||Upcoming||Media||May 31, 2021||October 12, 2021|
|7||BattleKnight||2021||4.927||Active||Game, NFT||February 5, 2022||November 30, 2022|
|8||Fanadise||2021||4.92||Pre-sale||NFT, marketing, staking, BSC||May 12, 2021||June 30, 2021|
|9||Recast1 Token||2021||4.91||Active||Trade, Stable Coin, Proof of Transfer and Stake||June 15, 2021||December 5, 2021|
|10||Pawtocol||2019||4.9||Pre-sale||Big Data||December 27, 2019||May 17, 2021|
|11||Curate||2019||4.9||Pre-sale||Advertising||August 9, 2019||May 30, 2021|
|12||Tycoon||2019||4.9||Active||Investment||December 7, 2019||June 28, 2021|
|13||SerenitySource||2019||4.9||Active||Energy||July 13, 2019||July 28, 2021|
|14||MetaHash||2018||4.9||Active||Finance||April 8, 2020||September 30, 2021|
|15||IdeaFex||2019||4.9||Pre-sale||Finance||June 18, 2019||June 17, 2022|
|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||7d price change|
|1||BTC||Bitcoin predictions||87.6%||23||$19 477.75||4.45%||1.63%||$373 264 823 304|
|2||ETH||Ethereum predictions||66.8%||71||$1 335.97||4.93%||3.54%||$163 755 405 431|
|3||USDT||Tether predictions||92.8%||1||$1.000060||0.01%||0%||$67 960 262 498|
|4||USDC||USD Coin predictions||90.8%||1||$1.000123||0.01%||0.01%||$48 707 702 464|
|5||BNB||Binance Coin predictions||90.8%||15||$280.78||4.22%||4.60%||$45 299 859 595|
|6||XRP||XRP predictions||59.2%||83||$0.440273||4.36%||3.80%||$21 969 915 706|
|7||BUSD||Binance USD predictions||92.8%||1||$1.000647||0.05%||-0.01%||$21 055 852 896|
|8||ADA||Cardano predictions||80.8%||35||$0.437309||2.31%||-3.28%||$14 973 500 079|
|9||SOL||Solana predictions||81.2%||31||$33.70||5.17%||4.85%||$11 957 820 597|
|10||STETH||Lido stETH predictions||96%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|11||DOGE||Dogecoin predictions||85.2%||16||$0.060417||1.68%||2.72%||$8 015 516 955|
|12||DOT||Polkadot predictions||70.8%||55||$6.44||2.66%||0.22%||$7 223 798 979|
|13||DAI||Dai predictions||94%||1||$0.999736||0.02%||-0.07%||$6 861 849 280|
|14||MATIC||Polygon predictions||69.6%||62||$0.745555||3.08%||-0.82%||$6 511 915 521|
|15||WTRX||Wrapped TRON predictions||94.4%||5||$0.060062||1.88%||0.71%||$6 106 889 160|
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2022 Crypto-Rating.com
The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.