Verify

Verify

Created using Figma
Created using Figma
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.
Risk: High
  • Market
    Price
    Open 24H
    Range 24H
    Volume 24H
    Change 24H
  • Yobit
    11 days ago
    $ 0.1012
    $ 0.1012
    L: $ 0.1012
    H: $ 0.1012
Nov 29, 2017
Dec 29, 2017
100% completed
Raised funds - no Data
Cap 2 500 000 USD
Hard cap 14 500 000 USD
past
  • 0.225 USD
    =
    1 CRED
Token Details
Ticker
CRED
Accepted Currencies
ETH, BTC
Company Details
Registered Country
Singapore
Additional Details
Platform
Ethereum
Categories
Platform

About Verify

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.

Verify Roadmap

  • June 2017

  • Developed the idea and brainstormed potential solutions. Continued working on it throughout July and August.
  • September 2017

  • Formed a team of payments experts, several from world-class firms like Amazon and GE. Self-funded a minimum viable product as a proof of concept.
  • September 2017

  • Raised funding from a group of private investors. Hired technical team of payments and blockchain developers to build out the Reputation and Verify Payments API.
  • November 2017

  • Raise the funds needed to pursue our grand vision to grow commerce on the blockchain. This involves partnerships with established blockchain entities and enlisting beta sellers from across the globe.
  • Read More
  • Early 2018

  • Without sellers offering Verify Payments, buyers will not be able to use it. Focus here is on infrastructure tasks and items on the critical path to allowing sellers to integrate and use Verify Payments in their stores.
  • Late 2018

  • Having validated the seller-side of the business, focus now shifts from sellers to buyers. The goal is to improve the checkout experience with a focus on establishing expectations, highlighting buyer protection features and usability.
  • Late 2019

  • By this point, we have already captured a significant share of the cryptocurrency market in terms of both buyers and sellers. The goal becomes to convert users that have never used cryptocurrencies to Verify Payments users.

Activity

Activity:
812
VERY HIGH
Posts:
191
LOW
Views:
11 406
VERY HIGH
Activity:
812
VERY HIGH
Merit:
664
VERY HIGH
Posts:
874
HIGH
Views:
16 793
VERY HIGH
Users:
360
HIGH
Posts:
135
MEDIUM
Followers:
491
VERY LOW
Likes:
462
VERY LOW
Rating:
5
VERY HIGH
Reviews:
15
LOW
Followers:
4 454
MEDIUM
Tweets:
133
MEDIUM
Alexa
Rank:
3 855 056
VERY LOW
Delta:
2 104 126

Team

Verified 25%

Attention. There is a risk that unverified members are not actually members of the team

verified
Head of Business Development
verified
Sr. Front-end Developer
unverified

Last News

$ 0.0638
89.82%
Coin Stats
Daily, %:
89.82%
Weekly, %:
10.25%
Monthly, %:
-9.45%
Market Info
Market Cap:
$ 861.904 K
Volume 24h:
Circ. Supply:
13.509 M CRED
Ticker:
CRED
ICO profit
X 1.00
ICO Price~$0.0638
3.21
risky+
5.0 12
ICO Profile Vision Activity Potential Product Team
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