This episode's guest is Kode, a software engineer with experience in the financial industry. He became fully involved in the blockchain development space in 2018, starting off with Solana, then finally moving into Ethereum with solidity & Polygon. The idea for Revewz was first presented at a Solana hackathon in 2021.
Revewz is a decentralised write-to-earn platform built on the Polygon blockchain; it leverages ERC20 tokens to authenticate & validate consumer evaluations and product transactions. The goal of the platform is to localise some measure of power into the hands of the customer, thus allowing for well-informed buying decisions to be made.
Through the use of blockchain modelling, reviews on the platform are immutable once created, meaning they cannot be deleted; this eliminates the subtle influence that large organisations tend to have over the publics perception of their products/services in the more centralised systems. The everyday consumer now has full ownership of their thoughts & reviews while effectively being onboarded into the Polygon ecosystem through their rewards.
As a reward for creating and validating reviews, either as a user or platform moderator, the Revewz native tokens (RVZ) are allocated based on a smart contract algorithm; depending on the task done, a specific user will receive certain rewards at the discretion of the algorithm. This encourages the growth of a sustainable ecosystem where contributors are rewarded based on valuable contributions to the growth of the platform.
Kode reiterates that the mission of the platform is to maintain a free and fair web3 environment devoid of biases and centralised influences. With its goals in view and working systems in place, Revewz is well on its way to becoming phenomenal in the web3 space.
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The Bankless Africa show highlights projects, ecosystems, and people making an impact and driving crypto adoption across Africa. Get informed on all things bitcoin, Defi, NFTs, web3, and everything in-between.
Website: https://www.revewz.io/#/
Twitter: https://twitter.com/revewz_official
Disclaimer:
None of what is shared in this show is financial advice. Only the opinions of the individuals that make this show possible. Remember to always do your own research (DYOR).
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