Introduction
Is this great? you never know until an expert tells you. Should we watch this movie? Hey, it has nice reviews on the internet. The world of reviews and ratings have given birth to many websites on the internet. They manage a review and rating system where anyone creates an account to begin his journey in the world of knowledge and content. In matters especially, public safety and medical emergencies, it becomes imperative to consult to the best and authentic resources. The current system is broken because a consumer is not able to find an authentic review of a product which he wants to buy.
There are many other challenges in the industry which pose a greater risk for the survival of the industry in the long term. Difficulty in finding an authentic review, lack of standard metrics for comparison between different reviews, and loss of credibility of the online forums are a few of the many challenges in the market. Do you think that there are possibilities of developing solutions for the challenges in the rating and review industry?
Solution offered
LINA is one of the platforms which is looking to change the current system with the help of blockchain technology. With the help of blockchain technology, the system will be made transparent and reliable. The platform provides opportunities for the merchants, users, and reviewers to have their say in the decision making. The experts on the subject can register on the platform with their credentials, which is reviewed by the board. They are called helpers on the platform and receive benefits for their contribution. Multiple aspects of this platform are entirely different from the traditional review and rating platforms, such as decentralized approach, results are recorded in the blockchain, unlimited numbers of products, ability to earn tokens and public participation.
Users of the platform can also become helpers if they satisfy the required criteria and have good reviews about their works. Providing an opportunity for earning for the users of the platform is one of the most attractive features which is not available on many traditional rating platforms. Smart contracts are utilized on the platform to maintain the transparency in the reviews and efficiency in the payment. Merchants and corporations can advertise their products on the platforms. Third party service providers and independent developers can utilize the LINA API to develop different apps on top of the platform.
ICO INFORMATION AND TEAM
900,000,000 LINA Tokens are created for the project. 33.33 % of tokens are reserved for the public sale. 48% of the total funds will be spent on the platform development while 17% of the funds will be spent on the marketing activities. The team working on the platform is experienced and committed towards LINA platform.
Conclusion
The world of internet has opened a Pandora's box for the people looking for the review for certain products. Reviewers on the various websites cannot be trusted since you are not aware of their liaison with the corporations and companies. IMDB, Yelp, and TechRadar are a few of the many rating and review platforms of today and they are the biggest competitor for this new entity in the market. The integration of the blockchain technology provides unique capabilities but it is the user who will decide the fate of the platform.
I think that bringing honest and authentic review about multiple products which can help users will definitely work in favor of the platform. The world out there is filled with unlimited choices, and these websites help people make a better choice in their life. This also helps the companies and brands to engage with the audience and know their preferences and tastes. We are bound to see tough competition in the market in coming days, and that will be one of a crucial phase in the success of the platform. What do you think about the success of the platform?
Website- https://lina.review/
Whitepaper- https://lina.review/lina_whitepaper.pdf
Published By- Kishan748
Btalk Profile- https://bitcointalk.org/index.php?action=profile;u=1027561