Review.Network is here to change the way the world works
We believe in people being paid for their time and data. On our Network, anyone is able to get rewards in tokens for every valuable action they make, supplementing their income in a significant way while putting more power in hands of the people. In most cases, individuals will not be required to deviate much from their typical routines, as these actions are already being taken without reward.
With the rise of cryptocurrency and its rapid daily growth, Blockchain technology is at the core of the revolution. It can be found in industries across the globe as more and more people realize the value it brings to businesses and individuals alike. New ideas on using the technology emerge every day. Blockchain was once limited to payment systems but has since moved beyond that space and is growing in interesting and unexpected ways.
Blockchain technology allows us to develop ever-changing and adapting platforms to enhance our lives. The way the platforms work has developed as well, previously being services requiring payment, to now free services that are making money off of their users.
As an example, Facebook is used by the majority of the world’s population, and as everyone knows, it’s a free service. Their model allows them to monetize the data you share by using it for ad targeting based on your current stories and interactions. We believe that the future will allow the platforms that pay their users to emerge and thrive because at the end of the day, there are lots of choices, and time is money! We are at the dawn of Web 3.0, where there are already some early adopters of this technology. Some examples of companies using Blockchain tech to pay users are Steem, Ethos, and Datum.
With all this in mind, we realized that Market Research and Online Reviews are industries ripe to be disrupted and transformed using this new, reward-based model.
Initial Investment
As we recently announced, Review.Network has secured an initial investment of over $1M that will allow us to develop the Beta version regardless of the ICO’s outcome. This is great news, as it shows that investors already see value in Review.Network and the team behind it. This is only the first step. We are working tirelessly towards our ICO. We will use the funds raised to make the platform widespread and globally known. In the meantime, we continue to recruit more experts and advisers with a key focus on marketing, educating, on-boarding users and more.
Review.Network Team
In order to achieve our lofty goals, we needed to find amazing people from a number of different industries that share our vision. The team working on Review.Network is comprised of experts in market research, marketing, business development, finance, data science, blockchain and software development. We’ve worked tirelessly to be sure we’ve covered all bases with the most knowledgeable people in their respective fields. We are confident that with a first-class team like the one we have assembled, we can change the way the world works. We will continuously be looking to further strengthen our team by constantly looking for talented people to join us.
Our Vision
We are creating a global platform that will connect companies and their consumers in a direct and uncensored feedback loop that’s never before been seen. Our goal is to provide the world with a mechanism for cooperation between companies and people on a mass scale, in order to give companies direct insight into how to improve their products or services for a greater overall customer experience. Under our system, we reward users for sharing their valuable feedback, flipping the current system on its head.
We will be using a lot of exciting technologies in creating the platform. Blockchain as a technology is at the core of the system, allowing us to:
1. Construct a token economy with a set of incentives that encourage users to grow the platform and provide value to it while getting rewarded. Blockchain will allow us to move value between users in the system through Review.Network’s native token — REW.
2. Make reviews immutable. By storing hashes of reviews on the blockchain, we will ensure that reviews are tamper-proof. By storing the reviews themselves on the decentralized storage, the data will be owned by the community and be censorship-proof.
Platform Overview
The Review.Network platform can be divided into two segments — market research and online reviews.
Market Research
Review.Network will be a place where companies are able to do quality market research, directly rewarding people to answer their surveys, rather than using an intermediary middleman to bring skewed information as is the current structure with market research firms. But also, market research firms will be able to use Review.Network to deliver faster, more affordable and more efficient research services. There are a lot of benefits to this model:
- Cheaper and faster market research for companies
- Direct to the source market research
- Easy to reach and target users globally
- Users get rewarded for their opinions
We are creating advanced tools to aid in survey creation, user segmentation, and targeting. These tools will also help to provide the most optimal information to companies using statistical analysis of the results.
Online Reviews
The Review.Network platform aims to be a go-to hub for online reviews.There are a lot of review sites on the Internet, but none of them actually pay users for the time and effort they dedicate to writing quality reviews. We want to give people an opportunity to monetize their opinions about products and services they use every day. The platform will reward people who write high-quality reviews that aid the other users and companies on the platform.
We aim to solve problems present in the current online review solutions:
- Reviews can be manipulated or censored by companies
- Anyone can easily register and leave a fake review
- People are helping other people by writing great reviews, but are not getting rewarded for the value they bring to the community/business.
By merging market research and online reviews into one platform, we will be bringing value to companies as well as the community.
Plan Forward
We are already working on the platform and preparing the ICO in parallel. When the ICO launches, we’ll make the demo version of the platform available and you’ll be able to try it out. Moving forward, we are planning a three-stage rollout with smaller releases in between:
1. Beta version - The beta version will include review functionality of the platform so that people can start using our system and immediately get rewarded for reviews they write.
2. V1 - This version will add market research tools and basic data analysis. We will start on-boarding companies at this stage.
3. V2 - Developing further market research tools and implementing more advanced AI and ML algorithms for data analysis.
Review.Network’s concept is to have multiple markets allowing users to subscribe to specialized interests they have. We will have different sub-networks, like App Reviews, Fashion Reviews or Movie Reviews under the umbrella of our parent Review.Network. The first market we will be targeting will be determined by the community through a vote. After that, we will have monthly votes and let the community decide which interests will be added each month. We will seek partnerships with companies from the chosen markets in order to further expand our reach.
We are thrilled to be working on a product of this scale that can have such a positive impact on the world while rewarding those responsible for their valuable data, the users. If you want to join us in the discussion, please follow the link to our Telegram group. For more information about the project, visit Review.Network.
