Revain Rank 147
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484,450,000 R

Revain
Revain
R

Revain $0.04302600
₿0.0000056914

3.24 %

24h Vol
43 BTC
$326,693
1 H
-0.02 %
24 H
3.24 %
7 d
-1.25 %
Current Revain price is 0.0430 USD, and if converted to Bitcoin is 0.00000569 BTC. A total of 2,757 coin's are currently circulating in the Market. Revain price change last 24 hours is 3.24 %, for more info please view all cryptocurrencies. Over the past 24 hours 0.003 M US dollars Revain has been traded on Crypto Exchanges. Track / follow Revain's progress by adding it to your favourites by creating a free portfolio if you wish.
Full Name
Revain
Symbol
R
Algorithm
ETH Token
BTC Price
0.00000569 BTC
BTC Market
2,757 BTC
BTC 24h Vol
43 BTC
Total Coins Mined
484,450,000 R
1h
-0.02 %
24h
3.24 %
7d
-1.25 %
Twitter
Facebook
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Description

Description


Revain is a platform that will leverage the Ethereum blockchain to implement a review mechanism that doesn't require a third-party to be involved. In order to avoid the third-party involvement while keeping track of the review's quality, the Revain review mechanism will be composed of two phases. In the first phase there is a filtering layer which is applied by a machine using AI (RAF & Tone Analyzer utilities), and then a second layer is applied by the company to either decide if the review is accepted or not. This mechanism also allows saving part of a review in an RSS smart contract (Review snapshots storage) making reviews immutable.

The Revain platform, differently from other blockchains will have two tokens, the R token, and the RVN token. The R token will be used to gather funds during the ICO and to exchange it for other cryptocurrencies. On the other hand, the RVN token will be used exclusively inside Revain platform, to reward users/companies for quality reviews and to penalize those who write unconstructive reviews. A fixed value of 0,0001 Bitcoin is attributed to the RVN token, enabling RVN tokens to be converted for the R tokens within the platform. The conversion is calculated by dividing the actual price of the R token (in BTC) for 0,0001 Bitcoin and then multiplying that value by the number of RVN tokens that a certain user possess.

ICO Details

ICO Details


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A new generation feedback platform, mostly based on the blockchain technology that doesn’t allow to change or delete reviews and its authors get a reward for creating it!

Distribution and usage of proceeds:
55% marketing, 15% R&D, 20% team, 5% infrastructure, 5 indirect

ICO Status Finished
Token Supply 1000000000
Start Date 2017-08-21
End Date 2017-09-04
Fund Raised (BTC) 8,230,000 USD; 2,108 BTC
Fund Raised (USD) N/A
Start Price (USD) 0.05
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction Russia
Legal Advisers N/A
Blog https://medium.com/revain
White Paper N/A

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