WHEN WILL THIS REVAIN COIN MOVE??
Revain is a blockchain-based platform that aims to provide unbiased information in the form of user reviews of products, companies, and cryptocurrencies.
The project was founded in 2017 by a group of Russian tech entrepreneurs led by Rinat Arslanov. According to the firm, the product review industry is filled with paid comments posted by marketing agencies hired to promote a particular product and increase its credibility with consumers.
Additionally, Revain claims that the review space is highly centralized and that the companies selling the products typically control the reviews they receive. This reduces transparency and drastically impacts the accuracy of user comments.
Revain’s system uses blockchain technology to create an immutable record of reviews for products and services posted by companies. According to the company’s own statistics, as of January 2023, more than six million reviews have been posted on the platform by over 44,000 people. The company also claims that nearly 177,000 companies have signed up to its platform, while it has showcased over 5.7 million products for review.
Every blockchain-based platform needs its own native cryptocurrency, and Revain has its catchy revain token, which trades under the ticker symbol REV. This token is primarily used to pay writers who leave reviews on the platform. The platform’s AI technology goes through thousands of reviews every day. It filters out low-quality comments, and only rewards high-quality reviews.
REV is an ERC-20 and TRC-20 token, meaning it operates on both the Ethereum and Tron networks. The project is also working on creating a BEP-20 token for BNB Chain ( BNB ), formerly known as Binance Smart Chain. This means that it is not a coin, so any references to things like “Revain coin price prediction #Rev $ETH
