Hiring contractors for home repair exposes one to three major problem which includes :
• Review fraud resulted from false information
• Inflated prices dues to lack of pricing transparency
• Hidden costs due to advertising fees
These have been the key problems facing the home repair industry for a long period of time now, with customers almost giving up
on getting a lasting solution to the problems.
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To solve these problems BOB’SREPAIR launches a decentralized marketplace built upon blockchain technology that connect contractors directly to consumers. It aim to bring trust and fair pricing back to the consumers.
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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SOLUTION BY BOB'S REPAIR
Bobsrepair aim at building the Bob application on the STEEM blockchain to solve the problem of review fraud, hidden cost due to advertising fees and inflated cost as a result of lack of pricing transparency.
The Bob application will store all financial transactions that take place on the Bob’s Repair on the blockchain. Then when both sides of the transaction – consumer and contractor – leave a review, Bob’s Repair will then link the review to the actual financial transaction. This linking will make consumers trust the review that it is real and unaltered.
To solve the problem of advertising cost, Bob’sRepair aim to solve this by not advertising from contractors this will deprive the contractor the ability to pass on advertising costs to consumers instead Bob’sRepair will use Upvote, flagging posts, user reputation on STEEM blockchain to identify merit there by eliminating advertising cost.
To make pricing more transparent Bob’sRepair will provide the cost of the services simplified into materials and labour cost. With this consumers will be able to easily search reviews to determine the actual material and labour costs for a certain service. The transparency will reduce to a large extent the inflation cost and drive down prices.
THE PLAN
In order to mention revenue and price, Bob’sRepair does not intent to have a membership fee, sign-up costs or transaction fees. It intends to follow the modern trend in revenue models. This will keep the entry barriers as low as possible for the contractor and low price for consumers thus facilitating growth.
ABOUT THE ICO
The bob token will use smart contracts. The Bob token sale is conducted by Bob’sRepair Development Association Ltd. The token sale is into two stages: the pre – sale and the main token sale after which it will be published on the ethereum mainnet.
STEPS TO TAKE TO PARTICIPATE IN THE TOKEN SALE
• Register on the Bob’repair website
• Complete the KYC form
• Complete the Anti-Money Laundering (AML) form
• Provide your ETH address you want the token to be sent
Read more about BOB'SREPAIR on:
website
facebook
Telegram
whitepaper
ANN thread
Instagram
Bitcointalk username :tuvic01
Bitcointalk URL