A space for sharing and discussing news related to global current events, technology, and society.
69534 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
A space for sharing and discussing news related to global current events, technology, and society.
69534 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
Relevant
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Relevant
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We’re excited to announce the official launch of the Relevant Token +💰BETTING MODE💰- a new zero stakes betting game that rewards users for predicting the Relevance of posts. Learn more about our mission to build a user-owned network and find out how you can earn a piece of Relevant in our latest blog post🔝
We’re excited to announce the official launch of the Relevant Token +💰BETTING MODE💰- a new zero stakes betting game that rewards users for predicting the Relevance of posts. Learn more about our mission to build a user-owned network and find out how you can earn a piece of Relevant in our latest blog post🔝
How this app actually works
How this app actually works
Relevant is a decentralized social media platform that focuses on content quality rather than quantity. Users can share informative and relevant post here and they are rewarded according to the engagement. Users here are rewarded for upvoting rather than spamming the platform with n number of posts methodology that other decentralized social media platform follows. Thus creating a spam free platform that shares quality contents. Relevant is kind of a predictive marketplace where users can select and upvote quality posts and are rewarded according to the engagement it receives. A unique and thoughtful approach indeed.
Relevant is a decentralized social media platform that focuses on content quality rather than quantity. Users can share informative and relevant post here and they are rewarded according to the engagement. Users here are rewarded for upvoting rather than spamming the platform with n number of posts methodology that other decentralized social media platform follows. Thus creating a spam free platform that shares quality contents. Relevant is kind of a predictive marketplace where users can select and upvote quality posts and are rewarded according to the engagement it receives. A unique and thoughtful approach indeed.
I suppose it could work if you get a robust, diverse enough user base. If you get a more niche user base, what I've seen happen before on other media is a bunch of buddies come in and upvote each others' content even if it's low quality. And they can collude to even downvote good content. That said I've not read enough about Relevant to know if there are measures in place or being worked on to prevent this kind of abuse. But never underestimate the ability for people to ruin an otherwise good thing. I've seen it happen time and again! Social media has a way of bringing out the worst and most petty aspects of people. And media that is monetized for the user attracts even more shenanigans
I suppose it could work if you get a robust, diverse enough user base. If you get a more niche user base, what I've seen happen before on other media is a bunch of buddies come in and upvote each others' content even if it's low quality. And they can collude to even downvote good content. That said I've not read enough about Relevant to know if there are measures in place or being worked on to prevent this kind of abuse. But never underestimate the ability for people to ruin an otherwise good thing. I've seen it happen time and again! Social media has a way of bringing out the worst and most petty aspects of people. And media that is monetized for the user attracts even more shenanigans
See Relevant's Reputation System: [https://blog.relevant.community/why-the-internet-needs-proof-of-trust-dd3c2951c400](https://blog.relevant.community/why-the-internet-needs-proof-of-trust-dd3c2951c400)
See Relevant's Reputation System: [https://blog.relevant.community/why-the-internet-needs-proof-of-trust-dd3c2951c400](https://blog.relevant.community/why-the-internet-needs-proof-of-trust-dd3c2951c400)
Absolutely agree with your statements. There always exists a bunch of bad actors in the society who tries shortcuts for success by sacrificing ethics and morale. Fighting them may not always be a definitive approach. Let them do what they can, but eventually they will fail. I have seen some good social media platforms being destroyed by these guys. Steemit was one example. A good and thoughtful operational structure can avoid these problems to a good extend.
Absolutely agree with your statements. There always exists a bunch of bad actors in the society who tries shortcuts for success by sacrificing ethics and morale. Fighting them may not always be a definitive approach. Let them do what they can, but eventually they will fail. I have seen some good social media platforms being destroyed by these guys. Steemit was one example. A good and thoughtful operational structure can avoid these problems to a good extend.
That's why Relevant has a Reputation system, unlike Steemit the weight of votes on Relevant are measured according to community-specific user Reputation scores. Not on the amount of coins one has. Read more about the sybil-resistant metric here: [https://blog.relevant.community/why-the-internet-needs-proof-of-trust-dd3c2951c400](https://blog.relevant.community/why-the-internet-needs-proof-of-trust-dd3c2951c400)
That's why Relevant has a Reputation system, unlike Steemit the weight of votes on Relevant are measured according to community-specific user Reputation scores. Not on the amount of coins one has. Read more about the sybil-resistant metric here: [https://blog.relevant.community/why-the-internet-needs-proof-of-trust-dd3c2951c400](https://blog.relevant.community/why-the-internet-needs-proof-of-trust-dd3c2951c400)
Thanks, i knows that Relevant is following a completely different approach. Looks quite interesting and unique. Thanks for the share, will give a read.
Thanks, i knows that Relevant is following a completely different approach. Looks quite interesting and unique. Thanks for the share, will give a read.
Hey everyone, please go through these article to get a deeper understanding on how the reward mechanism works.
Hey everyone, please go through these article to get a deeper understanding on how the reward mechanism works.
I really got scared.. i thought by betting we might loose our stakes but from what i read in the post it is risk free.. i must also recommend the clarify and wel explained article.. thumbs up [#relevant](/relevant/new/relevant)
I really got scared.. i thought by betting we might loose our stakes but from what i read in the post it is risk free.. i must also recommend the clarify and wel explained article.. thumbs up [#relevant](/relevant/new/relevant)
Relevent token + betting strategy news read it and use it
Relevent token + betting strategy news read it and use it
cool, it's very interesting, try to figure out how it works
cool, it's very interesting, try to figure out how it works
cool, it's very interesting, try to figure out how it works
cool, it's very interesting, try to figure out how it works
Announcing the Relevant Token +Betting Game 🤑 Relevant Tokens are now trading on Uniswap Exchange. This means you earn real COIN when using the Relevant app. Find out how below.
Announcing the Relevant Token +Betting Game 🤑 Relevant Tokens are now trading on Uniswap Exchange. This means you earn real COIN when using the Relevant app. Find out how below.
Over the past few weeks, the Relevant (REL) token has started to garner a lot of attention in the crypto community. As exciting as this is, we want to make sure that new users understand all aspects of the token and the economics of Relevant before diving into the project. This post will cover: User curation rewards Relevant company status A full breakdown of token parameters First, a general disclaimer… The REL token and Relevant platform are in beta mode. There are many aspects of the token dynamics that we are still finalizing. The token contract has not been audited and is upgradable, meaning we are able to change its parameters. Even though we are committed to honoring the current token contract, there are still many risks involved. Please make sure you are aware of these risks before purchasing REL tokens on Uniswap. Inflation and Curation Rewards: The most important point we want to emphasize is that REL is a utility token that first and foremost benefits the users of the platform and disincentivizes speculation. The token has a built-in inflationary mechanism that distributes tokens to the users of the Relevant App. As of June 14 2020 roughly 5.5M tokens have already been allocated to existing users as curation rewards. Users can currently withdraw up to 1000 tokens and this limit will increase with time. This means as time goes by, more and more tokens will enter the circulating supply as a result of users claiming their rewards. In an ideal scenario, there will be an equilibrium between the amount of new users wanting to purchase Relevant tokens and users wanting to cash out their tokens, stabilizing the price. Our long-term goal for the token is a low and stable price, wide adoption and high liquidity. We are actively exploring mechanisms to help facilitate this. If you hold Relevant tokens, you can use them to stake on content within the Relevant app. To get more information on how you can earn REL coins, check out this post:
Over the past few weeks, the Relevant (REL) token has started to garner a lot of attention in the crypto community. As exciting as this is, we want to make sure that new users understand all aspects of the token and the economics of Relevant before diving into the project. This post will cover: User curation rewards Relevant company status A full breakdown of token parameters First, a general disclaimer… The REL token and Relevant platform are in beta mode. There are many aspects of the token dynamics that we are still finalizing. The token contract has not been audited and is upgradable, meaning we are able to change its parameters. Even though we are committed to honoring the current token contract, there are still many risks involved. Please make sure you are aware of these risks before purchasing REL tokens on Uniswap. Inflation and Curation Rewards: The most important point we want to emphasize is that REL is a utility token that first and foremost benefits the users of the platform and disincentivizes speculation. The token has a built-in inflationary mechanism that distributes tokens to the users of the Relevant App. As of June 14 2020 roughly 5.5M tokens have already been allocated to existing users as curation rewards. Users can currently withdraw up to 1000 tokens and this limit will increase with time. This means as time goes by, more and more tokens will enter the circulating supply as a result of users claiming their rewards. In an ideal scenario, there will be an equilibrium between the amount of new users wanting to purchase Relevant tokens and users wanting to cash out their tokens, stabilizing the price. Our long-term goal for the token is a low and stable price, wide adoption and high liquidity. We are actively exploring mechanisms to help facilitate this. If you hold Relevant tokens, you can use them to stake on content within the Relevant app. To get more information on how you can earn REL coins, check out this post:
Relevant Tokens are now trading on Uniswap Exchange. This means you earn real COIN when using the Relevant app. Find out how below.
Relevant Tokens are now trading on Uniswap Exchange. This means you earn real COIN when using the Relevant app. Find out how below.
What is relevant token? How to Earn this token? Read this artical. Please give me upvote Thank you
What is relevant token? How to Earn this token? Read this artical. Please give me upvote Thank you
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