DREP ICO

TOTAL RATE: 6.3/10

Good team developer experience supporting large tech companies with significant community friendly and supports projects. The downside is they had a little visible progress on tech and businesses development fronts, Got a poor performance records very similar on reputations-based tokens and un proven tokenimics modeling

The DREP team seeks to create a reputation system that will assign scores to individuals based on their behavior, awarding tokens to users who build a strong reputation and focusing on providing value to social platforms, content managers, e-commerce platforms and so on. Their central premise is that sharing this reputation score will increase authenticity on the web, driving consumer monetization through a more engaged base of constituents.

However, since their two-sided market model requires the participation of both users and platforms; since we see little evidence of a well-developed product or the kind of mass platform adoption required; and since reputation-based blockchain projects have yet to capture the public imagination, we have decided to pass on the DREP ICO.

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