EcoStart Service for examination, recommendations and formation of ratings of trust and reputation

In the financial sphere, there is a huge problem of trust in expert organizations that provide investment advice, guarantee the reliability of certain people and organizations. Although there is a whole industry of rating agencies, including investment banks that issue recommendations, audit companies that certify the truth of certain results or the reality of the work done, mistrust remains, both to specific borrowers and to expert gurus. In addition, the problem is exacerbated by negative PR activity: the publication of unverified "experts" in the media, fabricated fake news, and so on.

In our case, it is important to trust the initiators of ecological projects and #EcoStart experts, the reputation and the number of hours worked by volunteers (time bank).

Our goal is to build an independent objective rating of EcoStart users and become a bridge between environmental projects and investors, so that promising teams find a way to investors.

We propose the solution of this problem with the help of a quantitative reputation system for data collection and confidence ratings for initiators of ecological projects and experts based on #blockchain technology. All actions that are significant for their reputation will be recorded in the distributed register of the EcoStart platform and, in the long term, they can confirm the accumulated reputation and form a real rating of all participants.

Our team believes that the reputation system will not only help to collect investments for projects, but also optimizes business and other social processes.
In short, the reasons for this optimization are as follows:


First, everyone will not only think about how much money to raise, but also about how to spend it effectively. Restoring your reputation is more difficult than earning;

Secondly, global access will allow everyone, even the smallest investor / participant, to evaluate a project of any complexity and thereby minimize risks and build forecasts through the ratio of three perfectly understandable criteria - subjective, temporary and quantitative. The interaction of the latter generates the most important thing - the quality of service;

Thirdly, the existing rating systems are mostly purchased, which means they are biased. The blockchain technology is in principle not about money (in its modern sense), and most importantly its quality is transparency and objectivity. The reputation system built on this technology generates trust and, accordingly, increases the level of business interaction.

You might be also interested in the EcoStart Marketplace highlights https://www.reddit.com/r/EcoStart/comments/afmf1r/ecostart_marketplace/
#EcoStartICO #investment #ecology #environment #tokensale #TECO #crypto #ecostartmarketplace