DREP
Decentralized Reputation System. In response to the issues of fake news/contents/accounts, DREP Foundation aims to provide a blockchain infrastructure and decentralized reputation protocol. These will empower existing Internet platforms to unleash their reputation value and achieve the interconnectedness of reputation data in the Internet community. DREP's vision: - Build an infrastructure to accelerate internet platforms’ (social networking, online content providers, online games) user growth and traffic monetization - Tackle the issues of fake news/contents/accounts identification and filtering - Enhance tokenomics based on reputation-backed assets and reputation-backed currency - Establish token holders sharing pool for more targeted user acquisition
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ICO
Project symbol
DREP
Country
Singapore
Link to website
ICO token price
0.007700 USD
Category
Infrastructure
Platform
Restrictions in accepting investments from investors of the following jurisdictions
China
USA
SCROLL
THE STRIP

DREP Foundation is committed to building a performance-oriented technology infrastructure, supporting high transaction capacity for an ecosystem generating valuable reputation data. Focusing on two industry pain points: lack of user adoption and low transaction throughput, DREP Foundation aims to provide a highly scalable blockchain architecture, DREP Chain, for deployment of a reputation protocol that anyone can use. DREP Foundation provides a decentralised reputation ecosystem comprised of a public chain, a reputation-based protocol and a suite of tools for internet platforms (DRApps) to leverage its power. DREP Chain Overview DREP Chain is a novel scale-out architecture, with a mutually independent governance mechanism for the two-layer structure as well as within shards.   Characteristics of DREP Chain: 1. Scalability - To overcome the fundamental limitation of existing scalability catering to the needs of large scale Web-based DRApps 2. Tokenomics - To allow the flexibility and versatility of reputation-based tokenomics for DRApps 3. Zero Identify Proof/ Privacy - To enhance the data privacy security and encryption features by providing user's ability to have a private identity in a public ledger 4. Data Aggregation - To deploy reputation protocol with requiring capabilities of data storage and data aggregation 5. Processing Spend - To provide low to no value transactions with substantially low cost   Reputation Protocol Overview DREP is developing a technology layer that quantifies, monetizes and aggregates reputation value of users across different platforms, including e-commerce, gaming, content, social networking platforms.   The reputation protocol is uniquely designed to serve the reputation-based assets and currencies running both internal ecosystem and across platforms, thus empowering data sharing and easing the information silo effect. Core Components of Reputation Protocol Reputation Quantifying Mechanism Tokenized User Growth System Upvote/Downvote Mechanism Fake Account Identification   Token Holder Sharing Pool   Reputation Exchange Hub  

TEAM
Matt Bennie
Co-Founder
Stephen Xu
Co-Founder
Momo Chang
Co-Founder
Eric Chao
Core Developer
Xuan Zhang
Lead UX/Ui Designer
Akmaral Orazaly
Data Analyst
Belinda Zhou
Lead BizDev
Ricial Fan
Public Relations
Lien Siaou Sze
Core Business Advisor
Nicola Bettion
Core MENA Advisor
Joel Ng
Advisor
Genlin Shen
Advisor
Qi Zhou
CEO and Founder of QuarkChain
ADVISORS
Adrian Lam
Advisor
I've invested at DREP and feel scam here now

If you suspect fraud, it is better to bring it to the attention of the law enforcement authorities. With ICO frauds, every day counts because fraudsters can sweep up the evidence.

Feel free to contact us:
We will help you to find the data about fraud (rate $ 30 per hour). In the future, you can submit this report and the case to any competent lawyer. An example of a research report is available here.

Consult us free of charge about collecting debts from an ICO project bubnov@forensictokenlab.com or via telegram @ICO_Forensic_NOW
We also collect facts about the withdrawal of crypto active assets from the project. If you have any information available about a cryptocurrency, please, send it to us for analysis.