Crypto advertising network, ico advertising, crypto advertising agency, ico advertising agency, bitc
As consumers in today’s globally connected world, we are undoubtedly spoiled with choices in virtually all aspects of our lives. From every-day decisions such as where to eat and shop, to big ticket decisions such as what car to buy and where to travel, there is an abundance of options and alternatives. To make our decision-making harder, we are inundated with information from far and wide. With the limited time we have, it is difficult to make an informed decision when we have no means of measuring the reliability of the information available. Through the Review.Network, our mission is to cut through all the noise to provide a trusted and meaningful source of data and feedback provided by its participants through a vetted and merit-based peer review network.
The Review.Network creates opportunities for participants to be rewarded with our tokens for providing genuine and quality feedback, and for validating another participants’ feedback. The Review.Network offers companies the ability to conduct targeted market research campaigns with the assurance of receiving accurate and authentic information. Our platform connects and aligns the interest of all parties, developing mutually beneficial relationships that creates a trusted and reliable review system. The platform operates through a validation mechanism with each additional review from existing and new participants reinforcing the authenticity and value of the platform.
Using blockchain technology, machine learning and data analytics, the Review.Network will revolutionize the market research and review industry. By creating a platform that incentivizes participants for providing genuine, unbiased and honest reviews, the platform establishes a reputation for meaningful and quality reviews that potential customers can trust. The companies involved will achieve greater response rates to market research initiatives, receive reliable and insightful information, and will be able accurately identify opportunities where value can be added.
Our goal is to establish a global platform that delivers quality, reliable and genuine reviews on products and services that is resistant to fraud and manipulation. The Review.Network is focused on creating a connected, trusted and open review community
Rated on Aug 1, 2018
Modified on Aug 25, 2018
The team obviously lacks blockchain and fundraising competences which is crucial for successful ico. Many advisors have not noted they relate to this project in their Linkedin profiles which is suspicious. The whitepaper does not include competitive analysis and financial/business planning (just general marketing data and tokensale details). I usually rate low for vision if I see this because unclear if they have a good business based strategy.
PS It is quite unusual to read in the feedback that I have a little experience and need “to be educated” by this junior team. I have spent many-many years being in charge of business development and investments at the largest technological corporations, also being many years an executive director of one of the largest global tech startups accelerators, and then advising many ico projects and being a top expert here at icobench. And i see other experts here also support my point of view on this project. Good luck to the team!
Rated on Aug 9, 2018
This product is actually needed in the market, but the issue is whether it is a "### on blockchain" approach. Stepping into blockchain is a first step, but executing on the actual project will need a lot more. It would be worth discussing the commercial viability of market penetration as reviews are a crazy competitive market where "winner takes all"
We have identified blockchain as a perfect technology to implement and scale the vision of Review.Network.
If you think about it, the issues of centralization are troubling for both review and market research platforms. When we look at reviews, lack of transparency and auditability of the raw data limits the consumers' ability to know if what they are reading is valid. But more importantly, centralized decision- and policy-making can be harmful to consumers. These decisions affect both the businesses selling products and the people trying to make a buying decision. As such, they should be governed in a decentralized manner. Furthermore, creating a token economy around these issues allow us to motivate people not only to participate, but to act in the best interests of the community.
The the other hand, market research is another prime example where blockchain tech can help us deal with current issues. Disintermediation is the first important point. We can construct a system where businesses (or even market research companies) and consumers interact directly and anonymously, while companies being sure the respondent's info matched their targeting, and people being sure that their responses are anonymous and only readable by the survey creator, all the while being directly rewarded for their opinion.
As for the commercial viability of the platform - market research is actually the main monetization method, not reviews. Companies use REW tokens to pay for market research campaigns. Tokens for each response are split by the respondent and the community. The user gets the majority of tokens company paid, but a percentage goes into the Review Rewards Pool (a pool of tokens from which the review rewards are distributed). This way market research activity actually fuels the community-based review part of the platform, empowering people to write and validate reviews, contribute to the community and be rewarded for it, without depending on anyone to pay for those rewards. Of course, a significant amount of tokens is set to bootstrap this system, until the platform grows and becomes self-sustainable.
Review.Network has over 90,000 users signed up for Beta version right now. Our goal is to bootstrap the platform with a large number of Beta users, as well as a number of companies interested in conducting market research through Review.Network.
Rated on Aug 1, 2018
Advisors are solid and good ones, however, team is quite thin and not covering all aspects that a project needs. Think of adding more team members with other functions.
Vision is interesting as it is not only helping to connect companies with its customers for improving its services, it also help companies to research the needs of potential customers for development of business strategies.
MVP should be made available soon so we can test and see how it is in action.
We appreciate your kind comment about our advisors. Recently, we strengthened our blockchain profile as ElectriCChain has joined the advisory board. Also, Christoph Irmer, former Chairman of the German Association for Online Research (DGOF) has recently joined us with 15 years of market research experience.
Currently, we have a strong team for achieving the first steps in implementing the Review.Network vision, bringing the Beta platform to life, as well is bringing on our initial user base and company partnerships. You are indeed correct, to scale this huge disrupting vision and achieve our goals of market penetration we will be expanding our team as the project advances, which is one of the ways we will be using the funds raised during the ICO. What improvements about the team would you suggest? Please get in touch with me or the team. We would appreciate your advice.
Regarding the MVP: we have an internal demo version and we can share a video or screenshots with you. In September we will release the MVP for companies (market research). We will inform you once we have released it.
Rated on Aug 16, 2018
Team is average.
KYC is passed - very good.
Many experts/advisors I don't see in LinkedIn and confirmation about this project.
Idea not bad, but not WOW.
MVP prototype is ready - is good.
Rated on Aug 10, 2018
I see that team has added couple advisors and so on, but there is a lot of scope of growth in the team area to back this project right.
KYC approved, which is good.
I like the vision where you cut thru the noise and provide a solution with merits. But I do not see that level of passion and input in the whitepaper.
I am happy to revise this as I see the project fixing the issues and growing.
Also our social media presence is growing: few days ago, we had a live YouTube AMA (https://www.youtube.com/watch?v=3VQqiNpfUI0). We also have another video online now (https://www.youtube.com/watch?v=67iLtwAz8go) and some additional media coverage (have a look at our website).
I am convinced that Review.Networks solves the most important issues in market research and online reviews. For review readers it will become more easy finding appropriate information using demographic filtering. Review writers will be rewarded for their time and effort writing an honest review. Indeed, the whitepaper can be improved. Please give us credit that it was written by an academic (Reinhard) and two tech people (me and Ivan), and our aim was not to write a marketing pitch. We will fresh it up and will send you an updated version soon if you wish so.
Please keep on monitoring our project. Your advice is very welcome!
Rated on Aug 12, 2018
I like the world that this project is aiming for.
But the team is short of block chains.
The adviser seems to be excellent in each industry, but what is important is a core member who can always work thinking only about this project.
Also, the hardcap is large. Taking the target market into consideration is not huge, but if you set up such a hardcap you need a gradual allocation goal for the procurement amount.
And Japanese translation is obviously strange.
Review.Network is working closely with MVP Workshop, a company with extensive blockchain experience, having done technical support for Celsius Network and helping them raise 50+ million in their token sale.
Not sure what you mean by the “target market not being huge”. Market research is an industry with a yearly revenue of 44 billion U.S. dollars, whereas user reviews are estimated to be a 10 billion U.S. dollar industry (more details in our white paper). Our hard cap is based on calculations and models for getting a significant market share in 5 years.
Rated on Aug 3, 2018
The team definitely is not the best part about this company. Lacks blockchain and international experience. On top of that, getting users to pay to use will be a tough challenge.
Another very important thing to point out is that our users won’t be paying to use the platform. They will get initial tokens when they register and fill out some info about themselves. Then, they can use those tokens to stake them to write reviews, and earn more tokens. They can also answer surveys and get token rewards.
Rated on Aug 23, 2018
Team seems small but I like the product and how they are using both AI and blockchain together.
This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.
We have a strong development and community team. And our two big blockchain advisors - ElectriCChain and MVP Workshop strongly support with the development and blockchain security. Some team members are not on our website yet, but we will update it soon - great commendation! Thanks.
On the business side, we would like to hire 1-2 top MBA students with work experience to strengthen our corporate profile. Also, we will have a market research expert joining in the near term future.
If you'd like to get in touch with the team or me for further recommendations, please feel free to contact us at any time.
Rated on Aug 7, 2018
The team seems to lack international experience. They also seem to be fairly new to blockchain technologies.
The whitepaper should contain competitive analysis and an actionable business model. The team may find fundraising to be a major challenge.
- The team consists of members and advisors from around the globe. The core development team is from Serbia, our CFO and financial advisor from London, CMO from Canada, market research advisor from Germany, AI advisor from England, etc.
- We are closely working with MVP Workshop on our blockchain tech. MVP Workshop is a company that also helped Celsius Network, a successful blockchain project.
- The whitepaper has a detailed business analysis and is a result of deep research about the business segments of market research and user reviews.
Rated on Sep 12, 2018
Very small team to start with. Advisors are good. Not sure if they will be able to deliver on the roadmap. Idea is good but there are already many competition in the market. Best of luck team.
Rated on Aug 13, 2018
Everything seems to be too general in this project. Very few advisors, whitepaper that states just general aspects of it with marketing strategy covered in more than general way. I am very doubtful about all this.
Rated on Aug 14, 2018
Modified on Aug 14, 2018
"Review.Network has over 90,000 users signed up for Beta version right now. Our goal is to establish a global platform that delivers quality, reliable and genuine reviews on products and services that is resistant to fraud and manipulation."
Where do we see these 90,000 users? Are they on a blockchain?
Rated on Aug 6, 2018
As much as I like the idea of this project, I see some question marks here and there.
I totally understand the problem with fake reviews and also the low-quality ones. I just don't see how exactly Review.Network will solve this issue. How will they will be correctly verified? How will the Validators be elected? What tools will they have in order to establish if a review is legitimate or not?
The team seems ok, not very strong, but at least they chose a strong team of advisors. It depends if the advisors are just present with the pictures on the website or they are really involved in the project.
To conclude, I love the vision of this and the problem it addresses, I just find it very hard to solve. Hope the team will find the resources to do it.
- Review.Network aims to solve the problem of low-quality reviews by introducing several layers of token incentives and a system of community validation. Meaning that first, both users and validators are staking tokens in order to write or validate a review. If their actions prove to be dishonest (as determined by the validator consensus), they lose their stake. If the review proves to be valid, the writer gets the stake back plus a reward, paid from the Review Rewards Pool (you can read more about tokens pools in our white paper).
- The platform puts forth a list of formal, objective guidelines that describe a valid review. Review.Network will define the first version of the guidelines, but we plan to add decentralized governance to this process in the future.
- These guidelines are the main tool to help of validators cast a vote.
- After a review passes the community validation, it's subject to vote of relevance by the community members, thus pushing it up or down.
- Another mechanism is a concept of "difficulty" when writing reviews for products that don't have many. If a product is new or has only a few reviews, only reviewers with higher level of reputation can submit a review. As the number of reviews for that product increases, the difficulty decreases.
- Anyone can become a Validator once he get a high enough reputation. Reputation is earned with every approved review, filled out survey, and other types of activity on the network.
Our advisors are indeed involved in the project, assisting us with everything from business development to tech to market research domain knowledge.
While we can agree that tackling market research and user review problems is no small feat, we are also confident that Review.Network protocol is a solution that can thrive, not just in theory, but in the real world.
Rated on Aug 2, 2018
A good vision with well thought out development roadmap.
I like the concept of incorporating AI in the platform to allow feedback and market research.
However it will be a challenge getting users to pay to use the platform.
Rated on Aug 6, 2018
Good idea but these kind of products already exist in the market. However, there is an opportunity for more market entrants.
The team does have some experience in the Internet and tech sector.
Not sure about the utility of the tokens.
It's true that these kinds of products exist - as you might know, Revain, Lina.Review and BobsRepair are tackling issues in the review industry, and you have projects like Insights Network and Clearpoll that are (kinda) market research on the blockchain.
But Review.Network is combining both mechanisms of business-consumer communication - reviews and market research - into one platform that benefits from the synergy between the two. Another innovation is the token economy, which is designed in such a way as to use the demand of market research by companies to help fuel the community (review) side of the platform.
The utility of REW tokens is evident in its use by:
- Companies to run market research campaigns.
- Users to stake tokens in order to submit reviews.
- Validators to stake tokens in order to vote on review validity.
- Users being able to filter reviews based on demographic data, paying the review writers in REW tokens for sharing info about themselves.
- Users creating C2C surveys in a similar way to companies, paying the respondents in REW tokens.
- Users monetizing the data they choose to share in a form of demographic targeting in surveys.
Rated on Aug 8, 2018
I really like this idea and concept, but not sure if it will reach critical market adoption. The team could use a bit more blockchain knowledge but that's nothing that cant be overcome. After all, the technology is still in its infancy.
Hard cap seems rather unrealistically high. I cant see why you would need that much to build this application. Although I agree it would help your marketing effort tremendously.
Our hard cap is based on financial calculations and projections taking into account the characteristics of market research and user review industries and our business model in order to penetrate the market significantly.
An important thing to note is that Review.Network will not be an application only - it consists of several parts:
- A lower layer blockchain data exchange protocol allowing monetization and verification of users' private data without them sharing it
- An open blockchain protocol that anyone will be able to use to develop apps for reviews / market research upon
- The Review.Network platform that will build upon the above protocols and provide Market Research and Online Reviews. It will consist of a multitude of apps - web app for companies to create surveys, mobile and web apps for users to manage their data and participate in market research and reviews, browser extensions and SDKs for web and mobile allowing third parties to integrate RN reviews or add support for market research to their platforms.
As for reaching the critical mass adoption, we do have plans in motion for that too:
- Companies will be attracted by the advanced market research tools we will offer for creating surveys and analyzing the data, as well as the speed with which they'll be able to get answers.
- Users will be attracted by token incentives on the one hand, and on the other by the quality content that gets generated on the platform.
- We have over 90,000 users signed up for Beta version of the platform to try it out once available.
- We are running an incentive program for businesses that join as early adopters by providing free tokens for them to use on the platform.
Rated on Aug 2, 2018
The method for the detection of fake reviews is at least questionable. Little information is given for how the algorithm is going to work. That is a very important aspect because the reviews might turn up to be inaccurate or inconclusive. We expect more from a project that claims to be a disruptive review platform. The MVP might change the first impression.
Rated on Aug 23, 2018
Modified on Aug 23, 2018
Good Concept, as reviews are so important while buying or taking any kind of services. It surely going to help many of the users as there is no international review platform, I am also working on a platform like this so I can understand the importance of this platform, hope team will show a working prototype of the platform soon. Good Luck!
Rated on Aug 2, 2018
Modified on Sep 6, 2018
The Review.Network team is a collection of seasoned software and IT professionals. Both, Vuk Popovic and Filip Karaicic are leading the IT consulting and software development company, Quantox. The other team members portray good software and web app development expertise. The REW team is being advised by an encompassing group of advisors. However, I do see a lack of blockchain development experience in the team itself which is more important as these will be the dedicated long term members, Lazar Travica is the only Blockchain engineer, for this reason, the team gets a 4 of 5.
The vision for review.network is clear, however the issues that the platform solves are portrayed as far greater than they actually are. Companies like Yelp and Amazon continuously battle false and fake reviews. Amazon has algorithms that rate "Verified Purchase" reviews and reviews from "valuable" members higher than unverified ones and Yelp has also taken measure to fight fraudulent reviews. The online review space is not the Wild West that it used to be.
The white paper is clear about the token economics and market research, but lacks any and all competitor analysis.
Direct quote from whitepaper: "Review.Network requires significant funding to make it a reality. More specifically, we need to conduct marketing initiatives, mass scale user acquisition, more complex research and development of the project, and the operational tasks associated with the management and maintenance of a project of this magnitude."
I believe that the real utility of a blockchain based, AI utilizing, review platform would be as an integration into existing platforms like Yelp. The REW team should definitely consider seeking these types of strategic partnerships to aid with their "mass scale user acquisition" instead of trying to compete with these behemoths. Unfortunately, there is not a single word in the whitepaper about potential partnerships.
A simple google search will yield several results of projects that are trying to achieve the exact same goal as Review.Network. Revain being one which also utilized AI and Lina.review is further in their development and is trying to achieve the same goal.
I do believe that the successful €1,000,000.00 Stage 1 seed investment round is a good indicator.
2/5 for the Vision due to the lack of strategic partnerships and competitor analysis and the saturated nature of the industry.
The product itself is still in its infancy and no MVP is available, but the technical aspects of the platform and application are well thought out and clearly visible on the website. For this reason I give the team a 3/5 for the product even though no working concept has been made available.
Rated on Aug 26, 2018
The team to be mediocre so does the idea. I believe the team needs to grasp a better understanding of blockchain. I just feel the team has rushed to do an ICO and can do a better job by taking their time out and actually thinking through everything as I feel as they have not.
Rated on Aug 22, 2018
Idea and concept: "Review.Network is a project that aims to create a unique trusted high-intelligence user-company feedback platform based on blockchain and AI technologies”. The idea is not unique and very new. There are several players in market already but surely there is lot more potential as social space has been expanding. As a business, it has good potential but question is whether it justify need of blockchain as a database and tokenization for purpose. We will find out.
Why blockchain: Again, the question arises whether this concept actually justifies use of blockchain for purpose and AI implementation? The white paper is completely silent about same and doesn’t mention. The whitepaper completely lacks on part that how same shall be achieved. Document is silent on technical aspect of blockchain, its usability for business and need of tokenization. Detailed analysis would have been of more help.
Tokenomics: Hard cap is too high. Total supply is too much. Raising for 54% from community is a good thing. Reward pool mechanisms looks interesting. Stage 2 Bonus is kept at 50 % which is too much and a red flag. Surely, stage 1 bonus had been a way above 50%, strictly a No. Advisors tokens locking period is too less. No burning of tokens is again a perfunctory approach when supply is already too high. Usability of 40% on R & D, High on marketing, less on business development clearly indicates lack of experience in business management.
Technical aspects: The whitepaper lacks clarity on usage of blockchain architecture in platform. Nothing has been mentioned about technical implementation of AI and Blockchain and how they are going to achieve the claims. A big Red flag again!
Whitepaper: It reflects the inexperience of team and roughly written on general aspects rather than business as a whole. It lacks financial projections, technical details (as mentioned earlier), Business model, Business strategy (albeit Go-To market strategy seems good). It fails to justify utility of token in business model and straightway details exchange listing plans, which, in my opinion, is flawed strategy. More inclined towards token than as business.
Legal Aspects: Nothing concrete can be found about legalities & regulations, jurisdiction of company (Cyprus). NO copies of registration, prevailing laws and regulations pertaining to cryptocurrency are mentioned in whitepaper.
Team: More inclined towards business management, finance but doesn’t have great blockchain skillset. Advisors looks impressive albeit as a common perception, dedicated participation of advisors to ICO is again a question, these days.
Conclusion: Social auditing or review management is necessary and has great potential as a business. It has great challenges which, in my opinion, cannot be only solved with use of blockchain and AI alone. The project doesn’t justify use of same into business model. Hard cap is unrealistically high and team lacks experience, esp. on technical side. Business strategy is flawed and there are no financial plans or projections. In my opinion, it is very much necessary to present financial plans for at least next three years. Personally, I would pass on this ICO and request team to work on feedback. If intentions are clear they must be clearly reflected. All the best!
Rated on Sep 10, 2018
"Companies that make it as easy as possible for consumers to refine a need or an idea while inspiring them are one step closer to making the sale" (Deloitte), the market potential of reviews of products and services is enormous, paying attention to an evaluation is the simplest and most direct way for a consumer to choose a product, saves him to look at hundreds of blogs and condenses the information in a single glance. There are even fake reviews on Amazon and the consumer takes them into account! Rewarding reviews increases their veracity and quality and quantity, and using blockchain technology is an excellent idea in this field. The Review.Network team, starting from a good idea, has been transforming their product and their team to give an MVP that looks great. I think we are dealing with an initiative that can crystallize into a great business.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
TeamApply as an advisor
Business Development Advisor & PartnerBusiness
Asset Tokenization Advisor, MVP Workshop
Blockchain Architecture Advisor, MVP Workshop
People and Performance Advisor
Operations & Enablement Advisor
Strategy & Operations Advisor
Market Research Advisor
Blockchain Business Development Advisor
Researching and validating the idea.
Created the token economy.
Raised over $1M in funding globally.
Developed a proof of concept.
Blockchain risk analysis.
Develop a prototype.
Private alpha of the platform.
Marketing & Development.
Phase 1 complete - Market research and online review communities.
User acquisition and platform optimization.
Phase 2 complete - Advanced market research analysis.