DREP (decentralized reputation) creates a blockchain-based reputation ecosystem that can be used in internet services. With DREP, easy-to-use "connector" and "toolkits" based on blockchain are created.
Drep foundation; In order to encourage and develop an open, transparent and high-quality Internet community, it performs decentralized reputation practices called DRAPps working in the Drep chain. The aim of the team, which says that the existing Internet platforms are full of fake accounts and information that reduces the reputation of the users, has been creating solutions for providing a higher quality customer and community infrastructure to the platforms serving in the field of E-commerce, social media and content.
To give an example from real life, the comments on sites such as tripadvisor or amazon are extracted from spam and poor quality comments and highlighting more accurate comments that benefit. As a similar example; Showing the right content that the user will want to read among the sharing trash on social media platforms such as Facebook and Reddit can also be shown as one of Drep's potential goals.
Drep calculates the true value of the target reputation in the project. It provides this with various algorithms and different methods. The most basic of these was the voting system. It makes inferences according to the data obtained as a result of the rating that users find useful and useless.
In another method that I can call as “Reputation Approval”, the ones who prefer the majority, although they operate in a similar way to voting, are rewarded while those who are in the minority are marked negative on the system side.
Apart from these, there are also a system where users named “reputation gratitude” gain dignity by throwing each other type and “reputation staking”. DREP coin is the cryptocurrency that provides rewards in the system and functions in service usage.
DREP coin is available in Binance, Bitthumb, Gate.io and more exchanges.
visit drep.org website for more information.
