One Review: Platform to conduct an ORT Token offering with a 30-40-30 split for:
- 30%: Reserved for team
- 40%: Distributed to initial dApps on One Review
- 30%: Direct ICO sale to users
In order to incentivize users to provide actionable insights and high-quality reviews, the ORT Token will be utilized by the One Review platform to reward the top contributors and maintain trust in the community.
- One review will choose to reward users who provide good feedback with ORT tokens
- Each dApp can further choose to reward users who provide good feedback with ORT tokens or their own platform tokens
- Reviewers with a higher percentage of ORT/dApp tokens will be pushed higher in the UI (equivalent to proof of reputation)
- For any reviewer to be seen as someone with a high reputation, they will be incentivized to:
- Write good reviews
- Buy ORT tokens from an exchange
- For any dApp to reward users for good feedback, they will be incentivized to;
- Buy ORT tokens from an exchange to give to the users who are providing the best feedback
- dApps can always choose to reward One Reviewers with their own token if they prefer that
Overall, this creates a self-sufficient positive loop in the ecosystem where staking/holding more ORT tokens improves a reviewer's reputation score, while the token becomes more desirable for both dApps as well as users, thereby driving the price of the ORT token higher.