FAQs re our crowdsale

Olya Green
Aug 27, 2017 · 3 min read

We have compiled the answers to most frequently asked Qs re REVAIN platform and investments during our crowdsale in here for you guys

  1. I bought some Revain tokens and i put myetherwallet address . But i found out that myetherwalket does not contain R tokens in the token list. Will it come to me?

🌀Hello! Yes, R token will be available for distribution within 72hrs after the crowdsale.

2. so please tell me which etherium wallet and where i can get it?

🌀 Please see the guide here: https://medium.com/revain/how-to-set-up-an-ethereum-wallet-cac663f34814

3. what is status of your projects, what is soft cap hard cap?

🌀Hi! We’re working on MVP and plan to release it in September. We have a soft cap of 2000 BTC and a hard cap of 8000.We had a presale and got 249BTC in 30 mins.

4. What is the current price in $ with the ico price and BTC price ?

🌀Yeah, about 0,04 usd

5. Is the token free?

🌀Price of one R token is 0,000011 BTC during the crowdsale. In US dollars it is about 4,5 cents

6. when will Revain hit the exchanges?

🌀We’re having negotiating with all of the exchanges right now. All of major exchanges said that we should return to them after crowd sale. So we’ll try our best to make it fast as possible.

7. How can this platform help me make money like achieving my little goals for now ?

🌀You can join the crowdsale and fix your profit later, for example. You’ll get R tokens with crowdsale price and sell it later.

8. Where is data stored? Is it dissolved among all the bitcoin wallets or do you keep it on your own servers? If you store all the data on world’s users computers then do you imagine how much space needed for that? What if all blockchain startups do the same? Users wallets will be full of unneccesary crap.

🌀 Data is centrally stored, but we also use blockchain to store most important fragments of the reviews — we call it review snapshot storage in our White Paper. That’s how we make sure blockchain doesn’t grow crazy enormous size.

9. You said that your advantage before YELP or TripAdviser is that noone can delete or edit others’ reviews. If like you say users wallets carry not whole reviews but just hashes, then where the rest of the data is stored? If the data is at least partially stored on your servers you still have the power to delete them. How is that air?

🌀Yes, that’s correct. The data is stored mainly on our servers, but we cannot delete or alter them — otherwise anyone could log in to blockchain to see that there’s hash, but there is no correlating review.

10. How do you insert your data into ETH chain? Is there some kind of open API? If there is, where can i find its documentation and example of your code that proves that integration works?

🌀 Through python + web3. We don’t have a code example yet because we’re not planning to make a public API.

11. What does Revain mean? Is it a Russian word ?

🌀REViews on blockchAIN

Let us know if you have any other Qs to our real time Telegram chat: https://t.me/revain.org

The crowdsale will last till Sep 6 and to take part follow these instructions: https://medium.com/revain/revain-crowdsale-instructions-507ca0079f43

Revain

Reliable reviews at your fingertips

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Olya Green

Written by

I write about Tech and Design

Revain

Revain

Reliable reviews at your fingertips

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