Revain (cryptocurrency)
Revain (cryptocurrency)
Revain (ticker symbol: R) is a cryptocurrency. It was first announced on August 4, 2017 and the development team is located in Miraflores Altarpiece. The maximum supply is set at 484,450,000 R. As of December 28th 2017, the circulating supply was 184,450,000 R.
Revain is an unbiased review platform built on blockchain technology.
Revain describes its platform as “a new generation feedback platform” that’s “mostly based on the blockchain technology”.
The main benefit of using blockchain technology is that Revain reviews cannot be changed or deleted.
And, reviewers receive a reward for creating a review (they receive tokens).
Using blockchain technology, Revain has created an ecosystem where common users are motivated by a token called RVN.
There’s also a second token called “R”.
The two tokens have a nonlinear conversion mechanism.
The entire ecosystem is built on the Ethereum platform.
The developers describe their review platform as “a transparent system, guaranteeing immutability and incorruptibility.”
One currency (R) will be used during the Revain crowdsale, while the second currency, RVN, is used as a stable currency within the platform to ensure prices stay fixed.
To start, Revain will offer reviews of ICOs and cryptocurrency exchanges before branching into restaurant reviews and other applications.
The Team
The platform is led by Rinat Arslanov as the CEO.
He is an entrepreneur with 10+ years in business, venture capital, and blockchain experience.
Other key members of the team include Sergey Potekhin, who leads the development and blockchain design of Revain and holds the position of CEO of the Technology area; as well as developer Sergey Omilyanchuk, who is responsible for server and application architecture.