FOMO Coin of the Day : Revain

in cryptocurrency •  6 years ago 

What Coins are in the Fear Of Missing Out Pump?


FOMO Coin of the Day is where I look at coins in or near the Top 100 in market capitalization that have show an interesting amount of increase in price. This increase can be due to many things, including manipulative pumps. I will give my opinion on the coin, but do your own research if you plan on investing in any cryptocurrency.

The cryptomarket has rebounded a little today. Every coin in the Top 10 is up a good 3% or more, with Tron(TRX) doing a whopping 15% gain today. But, that doesn't make it the top gainer in the Top 100 of market capitalization.


revain_logo.png

Revain(R) is running a good 23% gain in the last 24 hours. But, it has been doing well for the last 3 months, according to the charts. This probably corresponds to their app being out of Beta and people actually using it and buying and selling Revain.

But, since it was around before the Dark Days of Bitcoin, it has a long way to go to return back to the all time highs.

All Chart


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30 Day Chart


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7 Day Chart


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Revain(R)

First Trustworthy Review Platform, Built With Blockchain Technology.

Revain is a token based off of Ethereum. Revain has two tokens, RVN and R. The RVN token is used internally, in hopes to keep prices from changing wildly. The RVN token is pegged to the price of a USD$1. The user can redeem their rewards in the R token, without any fees. They have also devised a formula to make it almost pointless to create a ton of junk reviews.

Using blockchain technology, we managed to create an economic model, which allows common users to stay highly motivated because of our token - RVN. Using the second token - R and nonlinear conversion mechanism, Revain acquired an absolutely stable internal token.

RVN is not to be confused with RavenCoin(RVN)

70% of the R tokens were sold during crowdfunding. The R token is used internally to run the review system. The review system consists of people giving reviews and then AI determining what are good reviews and coming up with a rating for the item or service. And what do people review on Revain?

  • Reviews on ICO
  • Reviews on Cryptocurrency Exchanges
  • Reviews on e-Commerce
  • Reviews on Fast-Moving Consumer Goods (FMCG)
  • Reviews on Crypto Wallets (added in December 2018)

This might be a project to look into, in order to earn some extra crypto, if you are able to use one of the exchanges it is traded on.



May the FOMO Forever Be in Your Favor


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