What is Revain (R)?
Revain is an unbiased review platform built on blockchain technology. Revain aims to change the review system to ensure legitimate reviewers are posting legitimate reviews of high-quality businesses.
Revain (R): History
The online review platform Revain has created the first decentralized review system using a two-step verification process by blockchain technology. Revain’s two-coin system ensures internal funds — the RVN token — isn’t affected by the rate of the R token or the larger market rates in general. After launching a presale on Aug. 14, more than USD 850,000 was raised in the first 30 minutes. In the first half of 2017, crowdsale companies generated more than $1.3 billion, and more than 300 new startups are expected to break into the chain by the end of the year.
REVAIN’s CEO Rinat Arslanov previously stated Coinivore and elaborated further on his development aspirations:
“We believe that there is a huge potential for online reviews. However, according to our research, there haven’t been any previous attempts at creating similar services on Blockchain. REVAIN has developed a different format of communication between a user and a company. The company is to reward users for reviews left on Blockchain given that those reviews are authentic and can’t be deleted or changed at a later stage.”
How Does Revain(R) Work?
Revain explains its platform as “a new generation feedback platform” that is mostly based on the blockchain technology. The main benefit of using blockchain technology is that Revain reviews cannot be changed or deleted. And, reviewers get a reward for creating a review (they receive tokens).
Using blockchain technology, Revain has created an ecosystem where common users are motivated by a token called RVN. There is also a second token called “R.” The two tokens have a nonlinear conversion mechanism.
The entire ecosystem is built on the Ethereum platform. The developers describe their review platform as “a transparent system, guaranteeing immutability and incorruptibility.” One currency (R) will be used during the Revain crowdsale, while the second currency, RVN, is used as a stable currency within the platform to ensure prices stay fixed.
To start, Revain will offer reviews of ICOs and cryptocurrency exchanges before branching into restaurant reviews and other applications.
How to buy Revain(R)?
First of all the user have to set up a Revain wallet, then buy Ethereum and then exchange Ethereum for Revain. The most convenient wallet option for storing your Revain coins- provided by MyEtherWallet which can store any coin on the Ethereum blockchain, including Revain. The exchanges like Bittrex, Binance, Cryptopia helps to trade your coin.
Revain(R) Price prediction 2018
R can be a profitable investment option. Revain price equal to 1.690 USD at 2018-01-31. If you buy Revain for 100 dollars today, you will get a total of 59.187 R. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-01-28 is 20.355 US Dollars. With a 5-year investment, the revenue is expected to be around +1104.78%. Your current $100 investment may be up to $1204.78 in 2022. Revain price today is $1.68 and the market cap value is $310,530,798. The current supply is 184,450,000 R, and the volume is $8,638,570. Revain Price today, Revain wallets, Revain price chart, Revain exchangesRevain mining, where to buy.