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Revain Price Today

Revain (R) Price, Value, Chart, and News

62 Revain Price: $0.114363 -0.19%

 
Market Cap Volume 24h Circulating Supply Max Supply
$55,402,967 USD $2,217,417 USD 484,450,000 R 484,450,000 R

What is Revain?

Revain is a stage which will leverage the Ethereum blockchain to implement a review mechanism which doesn't call for a third party to be involved. Whilst keeping track of the review & #x27; s quality in order to avoid the third-party engagement, the Revain review mechanism will be composed of two phases. In the first stage there's a filtering coating that's applied by a machine using AI (RAF & Tone Analyzer utilities), and then another coating is used by the firm to either decide whether the review is approved or not. This mechanism also enables saving part of a review in an RSS intelligent contract (Inspection snapshots storage) making reviews immutable. The platform, differently from blockchains will have the RVN token, the R , and just two tokens. The R token will be used to collect funds and to swap it for cryptocurrencies. The RVN token will be used exclusively inside Revain platform, to reward users/companies for quality reviews and to penalize people who compose reviews that are unconstructive. A fixed value of 0,0001 Bitcoin is credited to the RVN token, enabling RVN tokens to be transformed for the R. 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 amount of RVN tokens a specific user have.

R Information

Issued Type Protocol Algorithm
2017-11-02 ($0.050000 USD) TOKEN POW Ethash
Website Source Code Explorer
Revain Official Website Revain Github 1 

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