WHAT IS VERIFY?
Verify is a reputation protocol that tracks the transaction history of participants (buyers, sellers) and unlocks benefits for those with good reputation.
Reputation is a history of all previous transactions. Every transaction is rated by both parties, and the reputation of each party is updated based on the feedback from the counterparty.
FUELED BY CRED TOKENS
CRED tokens represent the “trust” in a transaction, and no transaction can take place on the platform without an “insurance policy” in the form of CRED tokens.
VERIFY PAYMENTS
Verify Payments is the first application built on the Verify protocol. It will bootstrap reputation data on the Verify network, enabling it to grow at a much faster rate.
Verify Payments offers 100% buyer protection against all forms of seller fraud, including:
• Non-delivery
• Delivery to an incorrect address
• Lost shipments
• Delivery of the incorrect item
• Delivery of an item that does not meet the description provided by the seller
IMPROVED CHECKOUT
Buyer protection actually begins before the transaction takes place. Establishing clear expectations before a transaction is often all that is need to avoid many disputes down the road.
BUILT-IN ESCROW
Verify protects the entire transaction, from the moment the buyer pays to the moment they confirm that they are satisfied with their purchase.
Unless both parties are satisfied, the entire transaction is “undone” (Buyer gets back their money, and the seller gets back their product).
DECENTRALIZED DISPUTE RESOLUTION
Buyers and sellers are given the opportunity to resolve a dispute via chat on the Verify Payments dashboard. If a resolution is not reached, the Verify Payments team will step in to solve the dispute. Common issues are reviewed and codified into smart contracts, so they automatically resolve future occurrences of identical issues thereby decentralizing the dispute resolution process.
June 2017
September 2017
September 2017
November 2017
Early 2018
Late 2018
Late 2019
Verified 25%
Attention. There is a risk that unverified members are not actually members of the team
This offer is based solely on information provided by the offeror and other publicly available sources.
The token sale or exchange event is completely independent of ICOholder. ICOholder is not involved in any way, including technical support or promotion.
We list token sales from entities with which we have no relationship to help users track overall activity within the token sector. This information is not intended as advice, and you should seek professional or specialist guidance or conduct your own due diligence before making any decisions based on our content.
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ICOholder is not legally responsible for any representations made by third parties about any token sale. Any claims for breach of contract must be directed against the listed token issuing entity.
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