Revain has successfully updated its Dashboard and has finally come up with v0.9. This is close to the targeted version 1.0. The platform established a new company premium subscription, the world’s first ever premium service for market exchanges and crypto projects.
The updates were made to extend help on all subscribed project or company owners. With the support that Revain can provide, those owners will surely gain and sustain the users’ confidence in the entire digital community. Also, companies can now efficiently communicate with any review authors and can reward them for every good quality feedbacks in the future. These are the major Revain Dashboard updates, and so the platform is very proud to release it.
Update Inclusions on Version 0.9
- Review sharing option
This additional feature enables users to share review to anyone they want. Authors can share and send the review link to the crypto project they reviewed. Of course, all reviews are vital and essential for companies. They will be glad to hear any customers’ feedback most especially if it improves their product or services.
- Review motivation system
Users are highly motivated in doing a high-quality review. It was achieved through the rewards that the Revain and companies provide. The Artificial Intelligence that the platform uses is based on innovative IBM Watson. It assures that rewards will only be given to those authors with helpful and high qualitative reviews. Rewards will be in RVN token form.
- Feedback management
This is one of the most excellent tools to track negative and to engage positive reviews. Users or companies can post a comment or a reply to specific feedback. Replying for a particular review is now an option. It will provide the company a chance to clarify things, to ask or reason out the causes of poor reviews and tell publicly the standard protocols they will be using to prevent such bad experiences. On the other hand, a company can also show their gratitude on positive review writer by thanking them on their replies. Customers’ loyalty is something that companies should always be thankful for.
Revain encourages every company to join and use the platform as a useful tool to enhance their reputations in the industry. There is a one-month free subscription trial for every crypto project to test if the tool and the whole platform can increase their market status. Moreover, Revain has wholly restructured the complimentary emails as well.
About Revain Platform
Indeed, Version 0.9 will genuinely widen the capabilities of Revain platform in building a real connection between companies and the users. It paves the way for a new exciting path for all parties. It‘s a groundbreaking platform built in blockchain technology. It utilizes two distinct tokens- RVN for rewarding/penalizing users or businesses and R coin for gathering of funds. Its users can write reviews about any products, services or companies listed on the platform. Revain is genuinely an excellent provider of real customer reviews and is making a good name in the present business world.
Revain is the first of its kind to build a user-friendly service that will provide companies tons of feedbacks. Users are expected to share their authentic experiences while learning to others’ experiences at the same time. It uses highly modernized blockchain technology to secure the legitimacy of all reviews.
The customized algorithm of Revain Dashboard ranks crypto projects regarding popularity and user’s impressions. Anyone can participate on the platform and make influences or changes on this ranking. High-quality reviews help companies receive authentic feedbacks while rewarding the review creators.
How does Revain works?
Revain is far different from other review systems regarding filtration processes. Revain doesn’t need any third party to do verification methods. It has two stages, one for machine moderation done by AI and the manual moderation performed by the company. After this, every review will undergo automatic filtration or Review Automatic Filtering which is primarily based on neutral network and machine learning.
Revain has interacted with IBM Watson platform and can determine all its emotional component automatically by using Tone Analyzer Services. It will identify at least three factors (high Disgust, Sadness, and Anger) which indicate not quality reviews. It will then be marked as unconstructive one.
After passing RAF, the company which the review addresses will manually filter all feedbacks by either approving or rejecting it. If neglected, the company must write response comment, and that will be presented together with the particular review. It will immediately solve the issue.
Upon passing the manual filtration, part of review structure will be stored on Ethereum Blockchain, therefore, assuring it has not been edited. It is saved by Review Snapshot Storage or RSS, a kind of smart contract.
Only a part of reviews can be saved because it is economically not practical to keep all large data. That is why Revain decided to sacrifice structures integrity over decentralization and created Review Snapshot.
The Team Members
Rinat Arslanov acts as the Chief Executive Officer of Revain. He has more than ten years in the business as blockchain enthusiast and venture capitalist. Maksim Voronin takes charge of product visioning and developing as the current CTO of the team. Alexey Belashenko manages daily operations, and Alexey Abramov takes control on the implementation of the project. Katya Katana regularly monitor product designs and its development while Roman Ochnev leads the entire marketing strategy executions.
Vlad Bocharov is responsible for the corporate’s character and distinctiveness. Front-End Developer named Michael Ambukadze handles all application made by clients. Other team members are Elena Orsik, Bogdan Savin, Olya Green, Max Von Lüttichau, Shi Qun, Tatiana Muntyanu, Alyona Kazakova and Fedir Yuriev. Up to this moment, all of them are sharing their priceless contributions on the development and progress of Revain.
Dmitry Fedotov and Egor Vinogradov are the genius advisors of Revain. They are both experts in Artificial Intelligence, digital marketing, managing of markets and blockchain technologies.
Together, they do their parts and responsibilities to ensure Revain is still the best crypto investment!
Almost anyone these days can make reviews of restaurants, places, services among others. These review serve as basis for businesses to improve. However, this is not always the case because there are people who fake their reviews. How do we know what we are reading is true or not?
Receive Only True Information via Revain Blockchain
The problem with the platform of several cryptocurrencies is it allows consumer feedback. Consumer feedback is not necessarily a bad thing; in fact, it can help you improve your business. In some cases, however, it may ruin your business especially if most of the feedbacks are not even true.
- Revain blockchain only allows honest reviews. This eliminates the problem of having inconsistent and untruthful comments from third persons.
- Users are given only one shot to make the review. After you have submitted your feedback, you can no longer change it. People have to make sure that they make their reviews appropriately.
- Receive a reward for your honesty though an RVN token. Think of it as a form of compensation or incentive for leaving an honest review.
Prioritize Security In Your Decision
In choosing which among the best cryptocurrencies to invest in, always determine the security of your investments. The online world is not exempt from thieves, which is why you should be more cautious with your online transactions. Several cryptocurrency articles emphasize the necessity of blockchain technology in their operations. Not only does it protect the consumers but also the businesses.
- Revain blockchain technology offers security you can rely on. Do not gamble your money on something you are unsure of and make sure the company you choose prioritizes security.
- Revain creates an added layer of protection from hackers, making your accounts less susceptible for hacking and thieves. This extra layer of protection is necessary these days and everyone should have one.
- Not all cryptocurrencies out there are equipped with blockchain technology. Your safety will not be a guaranteed. It takes only a few buttons on a computer to destroy everything you worked hard for. Buy Revain and eliminate that risk today.
Be Indestructible At Your Own Game
Even if you are not looking into investing in cryptocurrency yet, you should buy Revain for your business nonetheless. If you are a company which heavily relies on customer feedback, this is the system meant for you.
- Receiver customer feedback in a timely manner. This helps you in being timely with satisfying the needs of your customer.
- Eliminate artificial feedback, and get accurate feedback meant to improve your business.
- Get consistent reviews every single time. Your process would be consistent and you would always know where you stand.
Several cryptocurrency articles can help you decide what cryptocurrency to invest in. But always be mindful that not everything you read online are true. But be most careful of those made to destroy the business, even if they are rendering good service. Buy Revain and get honest and secured cryptocurrency.
There are several factors that contribute to the success of a cryptocurrency investment. You have tokenization, business model, decentralization, ethereum framework, crowdfunding, technical aspect, etc.
The best cryptocurrencies to invest in are those that have users who are also shareholders. They are the right people who can help the growth of business value and can make contributions to the project network.
Initial Coin Offering is when a company introduces a new cryptocurrency to the public. ICO is considered crowdfunding. The value of cryptocurrency increases, as its demand rises along with the progress of the company.
Many cryptocurrency giants and successful investors have started their journey with an ICO. But, for a beginner of Initial Coin Offering, or even to an average user, they lack the expertise about blockchain projects, ICO listing, ICO funding, what cryptocurrency to invest in, how to navigate in the system, ICO calendars, coin prices, mining, and so on.
This is where the Revain blockchain technology comes into the picture. It provides a platform for users to interact with each other. They review ICOs, discuss projects, share cryptocurrency experiences, and assess risks of an investment.
How Revain Helps Users
Revain is the best trading platform for cryptocurrency which allows people to get reviews about their own products, and review and give feedback to other businesses as well. It is a system that benefits all parties. It utilizes a revain token, which is an exchange currency unit that helps monitor the exchanges within the system.
Since people are looking for the best cryptocurrency to invest in, revain makes it possible for the user to have an idea about some investment risks. In accordance to certain factors, the risks are determined through the business model of the startup, its technical background, competition, team, market segments, and reviews from the community.
You are able to purchase tokens from a legitimate cryptocurrency blog. You may also have access to their crowdsale, usually if you are an early bird.
What Makes Revain Unique
When you buy Revain and use this review platform, you get to experience its unique features such as Artificial Intelligence.
As a reader, you want to be sure that the reviews are true and fair, something that are not done for another hidden motive. On the other hand, businesses would also want to receive reviews that are written objectively. In the case of a reviewer, you do not want someone to change or edit what you have written.
Thanks to revain technology, these kinds of problems are addressed with the use of blockchain technology and artificial intelligence (AI). It allows both positive and negative reviews, as long as they are supported by evidence. In other words, it filters fake reviews for you, and give quality sources from real people instead.
When it comes to the review market, Revain has truly become a groundbreaking system. It is a investment that you can have for the long term. In fact, revain has already conducted their alpha testing on 2017 to ensure its effectiveness and performance.
As with almost anything on the internet, cryptocurrencies are also subjected to scams. Those who are looking for the right cryptocurrency to invest in, need to be careful when buying ICOs (Initial Coin Offerings). With plenty of research about the subject, you can become successful in this digital coin industry.
Revain to the Rescue
Revain offers a new review system in accordance to blockchain technology. The main concept of Rvain is to eliminate reviews that are unreliable and deceiving. It uses a smart and advanced technology so it can deliver what it promises.
Revain has been making a name online and many cryptocurrency articles include the benefits of Revain to the industry. There is no question about it when it has become an efficient tool in the modern world.
How Revain Does Its Job
Online reviews are important to the buying public, as they help people make the right choice. If you want only the top cryptocurrencies to invest in, revain utilizes a machine learning technology and artificial intelligence feature that filter the content of the reviews on the Revain blockchain platform.
If you buy Revain, it ensures that you get honest and legitimate reviews. The filtration stage scans the content for any scam and malware. The smart technology makes it easy for revain to detect warning signs and clean them up before posting into the blockchain.
Revain caters to a variety of businesses. These consist of crypto exchange reviews and ICO reviews. When it comes to Revain coin review, users will be able to get ideas from other users about good, profitable investments and their experiences about ICOs.
With regard to exchange reviews, the revain system allows real users to post their experiences on the platform. Dishonest people and businesses, not to mention bots, have no room in the revain market. As it gives penalty to fraudulent reviews, one of the good things about revain is that it offers rewards to users who post authentic reviews.
Smart contracts protect the system, and legally allows it to remove tokens from any business or user who are proven to have done some fraud and dishonesty.
Two Currencies of Revain
Two currencies are needed in order for revain to work. These are also called tokens. R token is used in the event of the crowdsale by collecting funds. The other Revain token is the RVN, which is utilized inside the system. While R tokens are available in limited supply, the RVN helps the overall function of revain.
The R token increases its value over time, depending on the progress of the platform. On the other hand, the condition of the market will not affect RVN. You can trade revain on EtherDelta, Kucoin, Cryptopia, OKEX, and HitBTC.
When you think that scams and fake reviews are a hopeless case, Revain comes in and saves the day. It addresses this kind of problem with the help of blockchain technology, artificial intelligence, smart filtration process, among other effective modern innovations. Now, it is easy to know what cryptocurrency to invest in and succeed in this industry.
The Revain coin or token is an ERC-20 standard token protocol based on the Ethereum blockchain. It is one of the two currencies in the Revain ICO platform. Fiat currency or regular cannot be used to buy Revain coin. The best way to go around this is to buy cryptocurrencies that can be bought with fiat currency and exchange it with a Revain coin. Here is how it can be done:
1. Go to cryptocurrency exchange platforms that sell either bitcoin (BTC) or Ethereum (ETH) fiat to crypto. These are the cryptocurrency exchanges you can choose from:
- Coinbase – Bank transfer (SGD, AUD, EUR, BGN, CZK, HUF, LVL, ANG, PLN, RON, CHF, CAD), Visa credit cards, debit card, SEPA
- Kraken – Bank transfer (USD, GDP, JPY), Mastercard and Visa credit cards, cash, SEPA
- Upbit – Visa credit cards, wire transfer
- Bitbay – Bank transfer (USD, EUR, PLN), Mastercard and Visa credit cards, debit cards, OKPay, SEPA
- CEX.io – Bank transfer (USD, EUR, RUB, GBP), Mastercard and Visa credit cards, SEPA, SWIFT
2. You may need to sign up and connect your bank account or credit card. Most cryptocurrency exchanges have similar processes, just make sure to familiarize yourself with the crypto exchange’s interface.
3. Go to the crypto exchange’s “Buy/Sell” page. Buy either BTC or ETH. Make sure that you first checked the current market price for a Revain coin so you can estimate the necessary amount of BTC or ETH. Do not close the exchange’s window because you’ll need to go back later.
4. Once you are done, you need to go to a cryptocurrency exchange platform where you can buy and sell Revain coin. Currently, the R Revain coin is only available in 13 crypto exchanges. These exchanges are:
5. Sign up or sign in to any of these cryptocurrency exchanges. You may need to verify your identity or set up a Google 2FA authentication depending on the platform. To make the process simpler, we’ll be using Kucoin as an example.
6. On the Kucoin dashboard select “Assets.” Search on the dropdown list for either BTC or ETH (ETH is more commonly used to exchange for R coins). Select “Deposit” in either coin.
7. Copy the wallet address you have been given. This is where you can deposit your BTC or ETH.
8. Head back to where you purchased BTC or ETH and send the coins to the Kucoin wallet address you just copied. In Coinbase you need to go to “Accounts” in the menu and select the BTC or ETH assets from the list. Click “Send” under the desired coin and select the corresponding wallet.
9. Paste the Kucoin wallet address on the “Recipient” box. Specify the number of coins to send and click “Continue.”
10. A majority of crypto exchanges would send you a verification email after a successful transaction. Wait for it and then check if the coins are already loaded in your Kucoin wallet.
11. You can then go to Kucoin’s R/BTC or R/ETH marketplace to exchange your BTC or ETH coins for R Revain coins. After selecting the right marketplace go to the “Buy/Sell” tab located on the lower right corner of the window.
12. Generate a 2-factor authentication code. Kucoin requires 2FA for deposits, trading, and withdrawal transactions. It adds another layer of protection.
13. Check the current Revain coin price. You can check the lowest possible Revain coin price by clicking the “Best Price” option on the “Price” box on the “Buy R” side of the tab. You can also select “Max” on the “Amount” box to check the maximum amount of Revain coins you can purchase at the lowest price possible. You can also use the slider to control the percentage of BTC/ETH you want to spend. You can always manually input all these if you desire.
14. Once you’ve decided on the right amount of Revain coins and the percentage of BTC/ETH coins to spend, click “Buy.” You can immediately see your newly bought Revain coins in the upper right corner of the tab under “Available R.” It will take a few seconds to a minute.
And you are done. You are now a holder of Revain coins. You can either store these coins outside of Kucoin (in a personal or hardware wallet). Just remember that coins and tokens that are based on the Ethereum blockchain technology cost “gas” to withdraw or transfer. You’ll need to have enough ETH coins on your account to initiate these transactions. You can always hold Revain coins in Kucoin. Make sure that you have KCS coins in your account though, so you can earn daily dividends. Who knew, you may double your Revain coins in no time.
Revain ICO: The First of Its Kind
There hasn’t been a decentralized review platform like Revain’s platform. There are several advantages that Revain ICO has that even regular review platforms do not offer. This includes:
- A two-step verification process
- There are two stages of review filtration, ensuring that only high-quality reviews pass through.
- A reward and punishment system based on the native RVN token
Of course, the Ethereum blockchain technology ensures that the platform remains uncorrupt and unbiased. The set price of the RVN token at 0.0001 BTC (USD$0.05) also ensures that smaller companies and services can afford to compensate customers based on the quality of their reviews.
The review filtration process is accomplished through AI backed by the state-of-the-art IBM Watson system. The system uses an advanced user sentiment analysis algorithm that enables it to analyze and detect writing tone and emotion. It can also detect spam and abusive language. After the initial filtration, the reviews are forwarded to Revain’s in-house team. There are no external influences on this part of the process. All approved reviews – reviews that are entered in the Revain blockchain remain posted in the platform and can’t be manipulated in any way.
The two-coin approach is also clever. The RVN token is exclusive and non-tradable. It creates a stable internal funding source for the Revain platform. While the R token ensures the platform’s cryptocurrency market influence and the continuous increase in value while also sustaining the growth of the platform.
Revain ICO Token Performance
The crowdsale of the Revain ICO tokens was launched on August 14, 2017. The crowdsale was set to end on September 6, 2017. The initial price for the Revain tokens was 0.000011 BTC with a minimum investment of 0.003 BTC. In just 30 minutes Revain ICO was able to raise $850,000. About a billion Revain tokens were issued but investors can only buy Revain tokens up to 70 percent of the issued cryptocurrency. About 55 percent of the crowdsales proceeds are reserved for marketing endeavors with 15 percent for R&D purposes, and another 20 percent for the platform support and team, and the last 10 percent that will be dedicated for the infrastructure and additional expenses. All in all, about $12.5 million worth of Revain tokens were sold in the Revain ICO crowdsale.
The Revain tokens continued to perform relatively well compared to other coins that launched their crowd sales around the same time. Revain tokens had been stable, showing low volatility even with high market fluctuations. Revain token’s price rose up to 113 percent in the next three months following the crowdsale. It reached its historic high right after its first test version was launched in November 2017.
Reviews of the Review Platform
There were those who voiced out that the adoption of blockchain technology isn’t really necessary. But those were immediately silenced with verified reviews of Revain ICO’s platform. Revain ICO was also open to how the platform operates and its processes. The source code was made open to everyone through a Github page that can still be viewed to this day.
Currently, Revain covers reviews on cryptocurrency exchanges, ICOs, e-commerce sites and services, and fast-moving consumer goods (FMCG). Revain ICO plans to crossover to other sectors in the near future. But there were questions about the effectiveness of the reviews on the platform, especially on their timeliness. Some people pointed out that, especially in crowdsales, reviews only appear right after the bad investment was already done. The Revain blockchain also cannot detect underlying motivations for reviews, especially those that are compensated by companies and services for excellent reviews. Most the trepidation comes from the motivation for participation in the platform and if companies are really willing to give their end of the bargain. Companies and services don’t receive incentives for participating.
The Revain ICO Aftermath: What Next?
The team revealed that the initial Revain ICO project would last for two years. The platform would expand and cover more review segments. But the team is already planning ahead for the next five years of the Revain ICO.
Rinat Arslanov, Revain’s CEO emphasized the importance of honest reviews saying, “…I saw and understood how important trust was. After all, a person shares their impressions of work and talks about them in their inner circle. My customers share their emotions in social networks, talk about my product wherever there is an opportunity. Feedback takes the form of value, a form of trust, a form of an invisible asset that generates new customers for your business.”
Revain’s blockchain platform facilitates the creation of an ecosystem where no third-party site is necessary for the unbiased, honest, and uncensored product, service, and company reviews. This type of review service is actually in demand with 84 percent of consumers using reviews as a basis for purchases. But it was also found out that 20 to 60 percent of reviews posted online are either fake or purposely misleading. With Revain’s platform, companies and services do not have the power to manipulate the reviews that they are subject to. This somehow makes the platform, and the Revain ICO, in general, an important but polarizing step in the evolution of online reviews.
The Revain token (R) had traded 27.3 percent lower against the US dollar in the past week. This performance continued in the last 24-hour period (Trading period ended March 4, 1:00 p.m. Eastern time) the Revain token performed 5.7 percent lower against the US dollar. In this trading period, Revain token’s overall trading volume was approximately USD$10.8 million. On March 4, 2018, trading period Revain token’s overall trading volume was only $5.9 million. This is significantly lower compared to Revain token’s average overall trading volume in the third week of February ranging from $19 million to $20 million.
This means that the Revain coin price and market capitalization also dipped. On February 20, the Revain token opened with a price of $3.30 and closed with $2.79. The Revain coin price did not return to the $3.00 range since then. On the March 4 trading period, Revain token experienced the lowest opening price since February 6 with $1.68. The price even closed lower at $1.62. Revain token’s market cap started at $425 million on March 1 and dipped to $398 million on March 2. At the end of the March 4 trading period, it is only $309 million.
It seems that the Revain token isn’t alone as several cryptocurrencies also suffered lower trading rates. The drop seems to equally affect both low and high market cap cryptocurrencies. Populous (PPT) traded 1.5 percent lower against the US dollar. Populous’ trading volume had been dipping and rising in a somewhat volatile fashion in the past several weeks. It saw its overall trading volume rising to $13 million on March 1, from $5.6 million on February 28, and down again to $6.5 million on March 2. At the end of the March 4 trading period, Populous’ trading volume is down to $2.9 million with a market cap of $761 million.
Other cryptocurrencies that traded down or lower against the US dollar include Ripple (XRP) traded 2.4 percent lower, NEO traded 7.1 percent down, IOTA (MIOTA) traded 6.1 percent down, TRON (TRX) traded 7.3 percent lower, VeChain (VEN) traded 1.9 percent down, Binance Coin (BNB) traded 3.7 percent lower and RChain (RHOC) traded 3.4 percent lower against the US dollar. This is all in the March 4 trading period.
The Revain ICO raised about $12.5 million after a successful crowd sale in August 2017. The Revain token opened for trading on September 5, 2017, with a total supply of 484,450,000 R tokens. An ERC20 token, the R token is one of the two tokens of the Revain platform with the RVN token being the other. Revain is a blockchain platform that implements non-third party review mechanisms. This review mechanism is composed of two phases, the first being the AI enabled filter layer and the second being the company decided review approval. The Revain token was used for the Revain ICO funding phase and currently for trading. The RVN token is only internally used. It is used to reward and penalize both individual users and companies based on the quality of their reviews. RVN has a fixed value of 0.0001 Bitcoin and can be converted to R tokens.
Until recently, traders can only buy Revain tokens crypto-to-crypto in Bitflex, BTC-Alpha, C-CEX, Cryptopia, EhterDelta, Kucoin, Kuna, Mercatox, OKEx, and YoBit. The Revain token has only been recently listed on OKEx, one of the world’s largest cryptocurrency exchange platforms. OKEx and Kucoin had been toe-to-toe with in terms of R trading volume. In the March 4 trading period, the R/BTC trading pair in Kucoin accounts for 11.22 percent ($645,336) of Revain’s total trading volume. With the R/ETH accounting for 15.63 percent ($884,678). OKEx’ R/BTC trading pair accounts for 15.87 percent ($898,275), the R/ETH 8.05 percent ($455,815), and the R/USDT 4.03 percent ($228,393). A bulk of Revain’s total trading volume currently comes from Simex. The R/USD trading pair accounts for 20.30 ($1,148,900) percent of Revain’s total trading volume.