PLATFORM FOR GENUINE USER REVIEWS REVAIN ANNOUNCES CROWDSALE
Crowdsale kicks off on August 21st, 2017 at 12 P.M. New York time, 01:00 A.M. Hong Kong time
With $854, 000 collected within 30 minutes of pre-sale REVAIN — a
blockchain powered platform that allows users to share genuine reviews
about services and goods — has announced its crowdfunding. The campaign
starts on August 21 and will last for 2 weeks till September 6. The goal of
crowdsale is to secure funds for R&D and cover platform-related costs. The
token sale has a 2000 BTC soft cap and will be followed by a continuous
issuance stage with hard cap being 8000 BTC.
Project lead Rinat Arslanov says: ‘At the moment the review market for startup crowdsales
has no analogues to REVAIN, and we are truly excited to launch our
platform where users are incentivized and fairly rewarded for their
contributions’.
Crowdsale — as well as the forthcoming token creation — is based on smart
contracts operating on Ethereum platform. If users wish to support the
team, they would simply need to send cryptocurrencies or other blockchain
tokens. Here is a list of accepted currencies: Bitcoin, Bitcoin cash,
Etherium, Etherium classic, Dash, Dogecoin, Litecoin, Monero, NEM,
Litzcoin, Peercoin, Namecoin, Zcash. New currencies are to be added.
REVAIN crowdsale is to become the first precedent to accept such a wide variety of cryptocurrencies, including Bitcoin Cash.
During the crowdsale 70% of R-tokens will be available for exchange based
on a fixed formula. Remaining 30% will be distributed as follows: 20% to
the team, 10% to advisors and bounty program participants. R-token is
based on Ethereum with the standard token interface ERC20. ERC20 allows
investors to use the token using any Ethereum client, for instance Mist or
MyEtherWallet minimizing the risk of losing funds in case the system
malfunctions. Token source code is available in White Paper.
REVAIN’s ultimate vision is to create a user-friendly interface allowing
businesses to get genuine customer feedback about their products and
services as well as users to learn about other people’s experience and
share their own feedback.
REVAIN is a breakthrough review platform implementing blockchain
technology making sure that the feedback the users leave is authentic.
The authenticity is achieved by the operation method where reviews
fragments are processed by artificial intelligence and manually and then
are saved into the blockchain. So there is a guarantee that those
comments won’t be edited later. KYC-systems features are used to provide
super organic reviews and minimize the risks of fake ones. The businesses
therefore can always get an adequate feedback from platform users — real
customers, which allows them to take their product or service to the next
level. The platform token called RVN is used to motivate users to leave
only legitimate reviews.
Press and Media Inquiries:
contact@revain.org
Related links:
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
