For long, hiring contractors for home repairs has face three major setbacks, which have made consumers loose their trust in any information given by the online review websites to get recommendation :

False reviews

When people go online, for search listings, in order to get recommendations from google, Homeadvisors, or Yelp, they have been defrauded for false reviews all around. Contractors or companies buy fake positive reviews for themselves and false negative reviews for their competitors. They, in essence, hide all negative reviews which are ment for their company services. Consumers only get to know the bitter truth after the contracts have been signed and payments made.

High Service cost due to advertisements

Advertising, which has been seen to be the heart of every business, is very important for for every thriving business. Contractors, because they want to be seen and ahead of their competitors, pay much to advertise, so in turn the fee for advertising is spread on consumers service fees. This results in a significant increase in cost for consumers.

Pricing transparency

Consumers go online to find prices for home repair services which are not explicit. For example a consumer may go online to purchase skilled service for toilet repairs. The cost displayed on the website are total or estimated amount of all that is needed (both labour and materials). There are no separate listings for what the materials will cost, and the labour cost to give consumers the opportunity to search online to compare if the materials costs are correct or overcharged. This is not transparent and consumers pay extra for what should have been less.

Solution

The Prandecki Brothers noticed this and decided to do something about it. This was what gave birth to the SKILLED TRADE WORKERS PLATFORM (STWP) which connects contractors with the consumers removing unnecessary intermediaries. The STWP uses an SMS API to efficiently connect consumers with the contractors. Contractors pay a low cost to the platform weekly and the platform connects them to the consumers who need their services. It operates on a far lesser costs than their competitors and are more reliable. On the platform, contractors need not pay for advertisements. The platform was a success as thousands of consumers were serviced and there were great testimonies from both the contractors and the consumers.

The Prandecki brothers saw that the cost of services could be lower and things could be better for both the contractors and the consumers. STWP could not adequately solve the three major challenges facing consumers so they launched a decentralized marketplace built on the blockchain technology called the BOB'S REPAIR, to solve all three problems.

Bob's Repair

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Bob’s Repair is using blockchain to eliminate review fraud and provide lower pricing in the home repair industry through a decentralized platform. Prior to opening Bob’s Repair Corporation, Frideric and his Brother Alex connected over 55,000 Contractors to Consumers which helped them identify the issue of review fraud, price gouging and lack of pricing transparency. Bob’s Repair will build the Bob Application on the STEEM blockchain. The Bob Application will consist of iOS, Android, and Web applications.

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Bob's repair builds BOB app on the steem blockchain. This means that transaction speed will be three seconds and there will be no transaction cost as the steem blockchain is known for. All financial transactions on the Bob's repair platform or marketplace takes place on the blockchain. Reviews coming from the contractors and consumers are linked to a financial transaction which cannot be reversed or changed. This means that there will be real comments or reviews from real people and transactions taking place on the blockchain means transparency.

There will be no advertising from the contractors, therefore there will be no advertising costs and service costs will be lowered significantly compared to other platforms. Bob's repair will use the functionalities present on the STEEM blockchain such as; upvoting, flagging posts and user reputation for contractors visibility. This means that contractors have to work hard to earn visibility through postive reviews from the consumers on the platform.

The Bob's repair platform will have a very transparent pricing. Service costs will be listed and seperated or broken down to reveal the cost of materials and labour. This will allow consumers to be able to compare the cost of materials with searched reviews for the cost of materials online. This in turn will cut unnecessary inflation.

On the platform, there will be Escrow service which will secure consumer funds, reviews, job agreement etc. This is to ensure that such documents are not changed later. This will also ensure that terms of agreement or jobs are fuldilled.

After jobs are done or failed to be done, consumers writes a review on the platform which are stored on the blockchain linked with a transaction.

Awareness

Bob's repair will create awareness by creating a 50,000person customer base from the previous STWP in order to invite more contractors to join the platform.

Bob's repair will buy the BOB token from the market routinely or from time to time and burn them, thus decreasing the token in circulation, this in turn will increase the worth of the token over time.

On the platform there will be no membership fee, sign up fee or transaction fee.

BOB Token

The Bob token details are given below

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With the success of the previous business plan from the Prandeck Brothers, it is sure that the BOB'S Repair will be a success. It is advisable to buy the token now when it is very low in price seeing the plans put in place to significantly increase the worth of the token from time to time.