NVT Network

The NVT Network Token (NVT) is the center of our blockchain network. Reviews, votes, and other user inputs are all rewarded in the network. All services and applications hosted on our platform will use the NVT for any and all interactions, in a manner similar to influence points, but without the same restrictions. The network will too, in turn, allow for these influence points to be exchanged for NVT. In the NVT community, votes and reviews by users will be rewarded with NVT to incentivize the discovery of quality goods, thereby encouraging the best products to be the most prominent within the network. To prevent cheating or manipulation, each vote will cost a given amount of NVT.

Each user will be rewarded in proportion to their contributions, and every form of work within the network will be valued equally and with fairness in mind.

Enforcing this principle requires a consistent mechanism to reward efficient and creative work. High-quality work encourages high-quality reviews and articles, thereby expanding the network. When users vote with NVT, the community needs to assign a deserving portion of NVT to said user in order to reward their contributions accordingly. The network implements a mechanism that redistributes all NVT from late voters to early voters. This gives early-stage voters a higher expected return of NVT.