Re: [ANN][ICO]✅✅✅ Introducing Verify - The Future of Reputation ✅✅✅
So first off when I saw reputation, I though verify was a marketplace kind of thing. But then I heard it was a protocol. So then I thought perhaps the reputation is made on a seller's individual address through the CRED tokens. But then won't CRED tokens be able to be purchased on an exchange? 
Trust comes from reputation -- and reputation is a history of transactions (with each transaction having an expected outcome, and an actual outcome or end-result). What we do is extend credit, in the form of CRED tokens, to sellers so they get advance payment in proportion to their reputation.
So:
- Sellers with high reputation get all their transactions paid out instantly
- Sellers with no reputation will get paid once the buyer is happy (i.e. escrow situation)
CRED tokens are an "insurance policy" on transactions in the Verify network. This is explained in a ton of detail in our whitepaper.