Re: [ANN] Review.Network (REW) - A Decentralized Market Feedback Platform
idea is interesting to do something like yelp on the blockchain with reviews that are honest and without falsification. but the problem is that it is not very clear how to monetize this service? if you advertise, then they will blame that ratings are bought.
Hey rembit77, appreciate the support!
A very insightful question! We are aware that point, and that's why we intend to totally separate all monetization from reviews. The way the tokenomics of Review.Network work is that monetization happens on the market research part. Companies use tokens to pay for market research and run campaigns, and those tokens are distributed between the users who provide answers, the Review Rewards Token Pool (from which the review rewards are paid out), and Review.Network Service Fee Token Pool (which we use to pay for the use decentralized services and other fees). So the market research activity as a whole powers the community review rewards, creating a sustainable system. Of course, at the beginning Review.Network will pre-fill those token pool to jump-start the functioning of the platform (you can read more about it in our white paper).
