DREP Foundation ICO Review

DREP Foundation

Decentralised Reputation

DREP Foundation Score



DREP Foundation aims to provide a decentralised reputation ecosystem that empowers existing Internet platforms to unleash its reputation value and achieve the interconnectedness of reputation data in the Internet community. DREP = highly scalable public chain + reputation-based protocol + the tools for Internet platforms (DRApps) to leverage its power.

LINKS

WEBSITE WHITEPAPERS

SOCIAL MEDIA

REVIEW VIDEO

TOKEN SALES

METRICS

Green lights

– Infrastructure for Internet Reputation System. – Reputation Connector: Data Sharing Pool & Cross-chain Protocol. – Reputation Accelerator: User Growth Engine & Traffic Monetisation Engine for Small and Medium Size DRAPPs. – Reputation-backed Asset & Reputation-backed Currency. – Will be the hub for Reputation Data, Reputation-backed Assets & Currencies.

red flags

– Competition in this space, Ink Protocol, Enigma, Augur. – There has been a Fishing e-mail scam that people have been falling for. – Still in early stages, no – MainNet launch not until 2019. – No Bounty Campaigns.

DREP Foundation
DETAILED ANALYSIS

ICOs Found

ADVISOR SCORE

Unknown

Medium – Ms Lien Siaou Sze is Vice President at HP Asia Pacific, Ph.D of University of Cambridge. For three consecutive years, she ranks the Top 10 of the Fortune’s Top 50 Women in business outside the U.S.

TEAM SCORE

Unknown

High – Matt Bennice (Co-Founder) was a Software Engineer at Google X. Expert Technologist with an extensive experience of more than 10 years in leading multinational technology companies such as Google+, YouTube and Accenture.

HYPE SCORE

Unknown

Medium – Not a huge following on Twitter, but they have a good community backing on Telegram and a few Influencers are talking about DREP.

TOKEN SCORE

Unknown

Medium – 30% of tokens allocated for the Token Pre-Sale & Crowd-Sale. 10 Billion tokens on supply but only 30 million for sale.

CONCLUSION

DREP’s ultimate goal is to unleash the value of untapped internet reputation and push forward a more engaging, high-quality, interconnected internet community, benefiting both platforms and users. DREP Foundation provides a suite of facilities to help internet platforms not only tokenise their own platform traffic and online reputation but also connect with other platforms, also known as applications or Decentralised Reputation Apps (DRApps). Their vision to build a blockchain platform based on reputation system for internet applications where values are redistributed and reactivated using the advantage of decentralised, economically-incentivised & data sharing blockchain technology at the dawn of internet dividend era. The most obvious flaw on the Internet platform is a series of reputation distortion problem brought by centralisation, such as, Search Engine Optimization Cheating, Fake Accounts, Fake e-commerce orders, Bad Reviews. DREP will try to fix these centralised issued.

6.8

ADVISOR

6.7

TEAM

4.8

HYPE

5.1

TOKEN

platform

CATEGORY

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