A Blockchain Based Review Platform Known as Lina Review (LINA).

in #lina6 years ago

Product review has become an important factor in the area of building brand image and business reputation and this has become possible with the explosion of the internet. It is also no news that a negative review has the power to seriously affect the reputation of the business.

Most users who shop online have an equal proportion with users who read reviews online, it has been discovered from users who said they usually read online reviews before they make any decision at all.

The Current Review Industry.

Here are some of the problems associated with the current review system;
The importance of a review system is undeniably important, but the credibility of the score should be in question.
Normally, the reviewers are the ones should be responsible for making an objective, unbiased, and the most accurate reviews very possible, but the sad reality is that there is no clear connection between the benefits and the quality of the reviews of experts. Definitely, when there is no motivation and responsibility for experts to carry out their jobs properly, it is sure that the quality of expert review would be reduced or influenced by other factors.

There is as well the presence of difficulties in finding and comparing evaluation results.
There is lack of standard criteria for each subject.

MEET THE NEW COMMUNITY DRIVEN REVIEW PLATFORM POWERED BY BLOCKCHAIN TECHNOLOGY KNOWN AS LINA.REVIEW.

Solutions: Lina review has promised to address issues related to transparency and immutability of the score, it will as well have developed mechanisms which will help users and experts earn profits based on system development and the quality of their reviews through the smart contract.

Used By Merchants.

Merchants are the group of people who provide the products or services that they wish will be reviewed, in order to join the system, a merchant will be required to register with Lina.review, they will have to submit their fields of business and they may as well have to pay for registration or the product listing fee(s).

Used by Advertisers.

Advertisers are individuals or business who will want to advertise on Lina.review or any other review systems that are running on the Lina blockchain platform.
In some cases, a merchant could be an advertiser, and advertisers who are standalone advertisers are treated on the Lina.review as special merchants.
It should be noted as well that advertisers could be referred to as merchants.

Used by Helpers.

Experts are referred to as helpers here, it describes those users who are qualified and who will review services and products on the system.
There are two things you could do to become a helper.
• The first thing is to sign up with Lina.review by attaching a CV, a proof of domain knowledge, a personal value and the likes. The applicant is fit to be called a helper after he or she has been approved by the helper board.
• Another thing is to publish lots of quality reviews, which is widely accepted, it is after getting to a specific level, the reviewer will be promoted to the post of a helper.

Used by Common Users.

These common users refer to those who will use the Lina. review system to search the information on products, its reviews and as well write their own review and assessment.

Used by System Builders on the Lina Platform.

It will be very easy for individuals or companies who wish to build a review system on the Lin blockchain platform to do so, the participation will be free but the Lina platform will definitely charge based on the activities of the system, which includes the participation of merchants, advertising and also the rating of activities by themselves.

Introducing the LINA Token.

The Lina Token (LINA) happens to be the native token of the Lina platform, it will be an ERC-20 token based on Etherieum.
The total number of LIN token that will be created will be 900,000,000. 33.33% of all LINA tokens. (300,000,000) will be made available for sale to the public in the LINA Token Generation Event.
66.67% of all LINA tokens (600,000,000) will be locked in the Smart Contract will be released annually over 10 years (60,000,000) token per year.

The LINA Token Allocation.

Public contributors who will contribute BTC/ETH to the project will have allocated to them 33.33% of LINA created during the Token Generation Event (300,000,000 Token).
During the Token Generation Event, 66.67% of LINA will be created (600,000,000 Token) and it will be locked in Smart Contract to be released annually over 10 years (60,000,000 Token per year).
The released Token will have its distribution as follows:
15% will be allocated to the Lina foundation to keep the Lina platform running.
15% will be reserved for future stakeholders.
35% will be given to the helpers.
35% will be given to the Large Token Holders (to those who are in possession of >1 million tokens.)

The Allocation of Budgets.

All funds gotten by the public contributors which are in form of BTC/ETH in the generation of Token Event will be solely used for the development of the Lina platform.

DEVELOPMENT: 48% of the project budget will be dedicated to the development of the platform known as Lina platform. This will also include the Lina core Blockchain and the Review Service Application.

MARKETING: The community building events, which as well includes reaching the general public to expand awareness and adoption of the Lina platform will receive 17% of the project budget.

OPERATIONS: The operations will receive 10% of the project budget, which will be used for day-day operations.

LEGAL CONSULTANCY: Legal consultancy will receive 10% of the project budget.
THE HELPER NETWORK: The help network will receive 10% of the project budget and this will be used to build up the Helper Network for Lina.review.
THE BUG BOUNTIES: The bug bounties will also receive 5% of the project budget and this will be used to pay Bug Bounties.



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