Is Revain A Good Investment?

tl;drRevain (REV) is an online platform for Ethereum blockchain-based tokens reviews. Revain is the first review platform that implements blockchain technology to ensure feedback legitimacy. This platform allows developers to receive constructive feedback about their projects. Moreover, the protocol incentivizes authors to provide high-quality reviews. So, we can say that Revain’s goal is to create a legitimate and genuine feedback structure for all global products and services that utilize emerging technologies, such as machine learning and blockchain. It also reviews different projects like DeFi apps, crypto exchanges, and digital wallets and the companies use the REV token to reward expert authors for writing honest reviews about their products. Revain’s protocol consists of seven major blockchain divisions: projects, casinos, exchanges, mining pools, wallets, cards, and games. It also reviews different projects like DeFi apps, crypto exchanges, and digital wallets and the companies use the REV token to reward expert authors for writing honest reviews about their products. With approximately $0.014 million worth, Revain (REV) is ranked 76 among all crypto projects in the market by September 30, 2021. A project's popularity directly impacts its success, and this phenomenon isn't any different in cryptocurrency. Revain experienced a 17% growth in Twitter, 45% growth in Reddit.
Is Revain A Good Investment?
Is Revain A Good Investment?
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Introduction

Revain (REV) is an online platform for Ethereum blockchain-based tokens reviews and it was established by a group of technology experts from Moscow, Russia, in 2018. Revain is the first review platform that implements blockchain technology to ensure feedback legitimacy. This platform allows developers to receive constructive feedback about their projects. Moreover, the protocol incentivizes authors to provide high-quality reviews via artificial intelligence tools and a manual review system to ensure the quality of reviews. In other words, users are ranked based on points and are rated based on the accuracy of their reviews and receive their reward for their efforts.

The main features of the Revain protocol include:

  • Legitimate reviews: Revain uses only original content from a diverse range of experts on its website.
  • Stable system: the protocol runs on two different tokens, the REV and the RVN, allowing for smooth functioning of the system. The RVN token helps facilitate interactions between users on the platform.
  • Immutable information: The system does not allow both regular users and Revain itself to edit the information of other users.

Also, its worth mentioning that Revain’s protocol consists of seven major blockchain divisions: projects, casinos, exchanges, mining pools, wallets, cards, and games. It also reviews different projects like DeFi apps, crypto exchanges, and digital wallets and the companies use the REV token to reward expert authors for writing honest reviews about their products. 

How Does Revain Platform Work?

The main feature of this platform is that it utilizes two tokens to increase its efficiency. Initially, the platform started out with the R and RVN tokens. However, on March 26, 2020, the company swapped R for REV tokens due to the difficulty of integrating the former into other blockchains. The tokens currently used on the platform are the REV and RVN. RVN token is a stablecoin and is exclusive to the platform, as it has not been released into open circulation. The REV token, on the other hand, is fully tradable. Registered companies on the platform can use the REV token to incentivize authors to write reviews. The REV token, the more popular of the two tokens, is an Ethereum-based token utilizing ERC-20 standard, TRC20 and BEP20. The REV token is used for rewarding authors.

Financial Analysis:

With approximately $0.014 million worth, Revain (REV) is ranked 76 among all crypto projects in the market by September 30, 2021. Based on the quick snapshot that you can find over here, Revain's ROI (Return on Investment) over the past year was +46%, which is not bad but not good either comparing to similar projects' average ROI over the same timespan, which the growth went up to 3,143%. Also, at the time of writing this post, the 30 days' ROI decreased by 23%.

A project's popularity directly impacts its success, and this phenomenon isn't any different in cryptocurrency. Revain experienced a 17% growth in Twitter, 45% growth in Reddit. However, the rate of Telegram channel users decreased by 24%, by September 30, 2021. Our full report can be found here.

According to the market cap, liquidity, and price chart, the Revain price had a huge surge in the mid of May, 2021, and went up to $0.050. Afterward, Revain's market cap rank and price started a downward trend where the price back below $0.0050 during July. Then, from the 10th of September 2021, the Revain shot up to $0.03, and currently (September 30, 2021), it is traded at around $0.01. You can find more detail about the price and market cap of Revain over here

Is Revain the best cryptocurrency to invest in?

We are here to help you make smarter financial decisions by freeing up your intelligence through making it easy to compare thousands of coins. We do all the hard work for you and help you remove emotions from your decisions. However, making an investment decision requires considering your own financial situation and comparing your investment options.

To see our reports and easily compare the available investment options, check out our website.

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