RealityHubs Inc. is a tokenized blockchain-based review platform that seeks to connect businesses directly with its product consumers for excellent and quality feedback and review, in a way that will generate fair and equitable returns for the owners, as well as provide superior value to our customers.
The RealityHubs Inc. idea stems from the basic need of companies or businesses that are looking for feedback, which will allow them to provide the best product for their customers, and most importantly, help enterprises to improve their business focus more accurately. Furthermore, the idea is to help potential product consumers decide on which product to buy, use, or invest in based on the reviews from our community of reviewers.
Problem Statement
Feedback is like an individual's opinion, and experience which will reflect on their rating on a business. While it seems simple, it is widespread to see many individuals not willing to share their opinion because there are no incentives. These issues have proved why about 95% of people would ignore a feedback session. Below is a chart representing how often users respond to a feedback session based on our research and survey.
These are some of the issues faced by many companies and reviewers today, and that is what we at RealityHubs Inc. want to address by providing a decentralised, transparent, and tokenized review platform using blockchain technology, where reviewers get incentivized for delivering excellent and valuable feedback to businesses, as well as industries, getting all the needed feedback from our community, which will then help them better understand their customers need and meet them. We are also looking to make the platform the best interactive review platform by making comments on a review, rewardable. With RealityHubs Inc., business owners and reviewers get proper visibility and incentives, as well as to provide a better experience to review finders or readers.
Proof of Concept
RealityHubs Inc. Proof of Concept (PoC) is currently live at www.realityhubs.com with over 2000 users within the first four months of launch without any paid promotion or advertisement. This traction was gained through organic promotion (Thanks to the already existing users on the Steem Blockchain). Rewards are currently being distributed, and reviews are getting published on daily, by our reviewers. RealityHubs Inc. uses a decentralized Proof of Brain (PoB) concept to reward its users. That is, review posts from our reviewers get the reward through a conscience vote from the community or users on the platform, in the form of an “upvote” (A feature, similar to the “like” button on Facebook or Reddit). These upvote rewards are based on the amount of the stacked RealityHubs token (RHB) a user has on his/her account.
RealityHubs Token
The RealityHubs token (RHB) is a Smart Media Token (SMT) developed with the same protocol as Steem, which can be mined or issued through different ways, and is discussed below;
- Publishing a review for a product: When a user publishes a new review for a business, the review post get curated (upvote/downvote) by the community which generates the rewards in RHB for the author
- Curation: Curation is the act of rewarding a quality review through upvotes/downvotes. By upvoting a review, the curator is entitled to a certain percentage (%) of the reviewer’s payout
- Comment: The Tipping feature will be enabled for comments. That is, users who comment on a review post can get tipped in RHB by anyone who finds the comment helpful. This feature is also available for a review post. That is, anyone can tip a review post.
Currently, the RHB token is tradable on www.steem-engine.com against Steem (RHB/STEEMP)
Mission and Vision
RealityHubs Inc.'s mission is to provide an excellent tokenized review platform for all kinds of businesses.
Our vision is to become a world-class review platform to which businesses get valuable feedback from our community of reviewers as well as to create an opportunity to help companies or businesses promote their brand and product to their selected niches.
Our values are of great importance to our success. They are the firm foundation of RealityHubs Inc., which defines who we are and also differentiate us from our competitors. They underlie our vision of the future. These values include;
- Teamwork: We act as responsible owners, always seeking to meet or exceed our user’s expectation
- Integrity: we treat each other, which includes all our staff, stakeholders, and users/customers with dignity and respect. Honesty, ethical behaviour, and integrity are fundamental characteristics of our business conduct.
- Commitment: we are highly committed to carrying out all the needful activities effectively and getting things done before the stipulated deadline.
Objectives
Our objectives are as follows;
- To attract a minimum of 500,000 businesses not limited to startups, in the first year of operation
- To attract a minimum of 2,000,000 regular reviewers in the first year of operation
- To offer our customers excellent service at a reasonable price as well as provide an outstanding customers experience.
- To generate positive cash flow to the business from operating at least 15% net profit to sales
- To ensure quality feedback from our community through moderation.
Goals
Just like any company, RealityHubs Inc. has its own goals set. We are looking;
- To have a good, successful company that provides the best and excellent review service to thousands and millions of businesses.
- To have a massive community of reviewers.
- To become the number one platform where anyone goes to for quality reviews and feedback.
- To provide incentives to our community of reviewers to motivate them.
Key to Success
Our key to success are as follow;
- An excellent and outstanding product and services that will build and maintain customers and user loyalty.
- Our commitment to the continuous improvement of quality product and services
Investor(s) and Co-owner(s) are welcome.
The project is still at its early stage and is considering having investor(s) and co-owner(s) into the company. To this effect, we are open to discuss with anyone looking to support the project's development, to learn more about the project. You can get in touch with @knowledges on Skype or google hangout with the following email address; "[email protected]." and or on discord with the username; "knowledges (Smiles' at all)#3295," to discuss the project's business/revenue model and strategies as well as any other relevant information.
welcome back @knowledges, long time no see
!giphy hello
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Hi @knowledges, a modest tip of appreciation:
$trendotoken and $trendovoter.
Also, please check out my new Nonsense Writing Contest.
Thanks!
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