A little-known coin called Revain (R) is one of the best-performing cryptocurrencies on the market today. Its price just shot up 40% today, and that’s because this four-month-old crypto coin just announced the latest update for its platform. Finally, there is some content on the dashboard:
🔧Today we are happy to announce the release of the Dashboard V0.4.
With it, we're adding first 20 projects to our platform and making some major changes to the design and interface.
— Revain (@Revain_org) January 29, 2018
By “projects,” they mean cryptocurrency projects. That’s one of the cool things about this review platform – it will encompass reviews for restaurants, e-commerce, and even ICOs and cryptocurrency exchanges. It’s like a Yelp platform, but decentralized and focused more on trustworthiness and inalterability.
The dashboard has already been up and running, but there have been no projects that can be reviewed until now.
What is Revain (R)?
The Revain coin is one of two cryptocurrencies that make this platform function. The other coin is the RVN token, which was designed to be a stable internal currency. How can they achieve that?
On their site, they say: “Using the second token – R and nonlinear conversion mechanism, Revain acquired an absolutely stable internal token. And finally, due to Ethereum platform, we were able to create a transparent system, guaranteeing immutability and incorruptibility.”
This platform is trying to keep the online review space honest and transparent, sort of like what other coins are doing with other areas like professional networking and digital advertising.
What’s special about v0.4?
If the Revain coin price is any indication, people are really loving the fact that the first batch of reviewable projects is available. Users can now go and check out the list of projects, as well as earn Revain coins for participating in the honest review process.
With the new update, the user interface got a pretty facelift too. Oh, and the dashboard got sharing buttons on top of that.
What is most important, though, is that this system has finally gotten the ball rolling. It may only be a year or two until we have all already forgotten about Yelp, and are now consulting Revain (R) before we go buy a service or participate in an ICO.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.