introduce a little about LINA
What is
Lina.review?
Lina.review is the platform for reviewing on Blockchain, utilizing blockchain’s immutability to produce the best possible transparency and creating conditions for reviewers to benefit from providing quality reviews, as well as easily and directly interact with users and providers of products or services totally trustless.
Lina is not just a website but it is a Blockchain-based platform so that everyone can build their own review system to develop community and manage their own businesses. All Lina-based review channels are globally connected
Value of online product review
With the explosion of the Internet, product reviews have become an important factor in building brand image and business reputation. A negative review can seriously affect the reputation of the business. This has even created an industry known as “reputation management” with the primary functions of helping companies “concealing” bad reviews. However, from the users’ perspective, this is not a good thing because it hinders them in accessing transparent and trustful reviews. In Martin Lindstrom's marketing book “Buyology”, he wrote about “mirror neurons” neuronal reflections: neurons that fire when an action is being performed and when that same action is being observed.
-For Common Users
Common users mean those who are using the Lina.review system to search the information on products and its reviews as well as write their own review and assessment. Common users can become Helpers through the above-mentioned options. Common users may be distributed system revenue for their review and assessment work, depending on configuration. Specifically, for the system Lina.review, the common users will not receive system revenue for their review and assessment. With other review systems running on the Lina blockchain platform, the revenue sharing for the user shall depend on each configuration. For System Builders on the Lina Platform Individuals or companies wishing to build a review system on the Lina blockchain Platform could easily do this. Participation is free but the Lina Platform will charge based on the
activities on the system, namely the participation of merchants, advertising as well as rating activities themselves. When these private systems come into operation, 10% of system revenues (from advertisingor merchant participation fees) will be used to administer and operate the Lina Platform.
Business Landscape
• Metacritic: A website that reviews movies and games which is known as the largest rating system of its kind in the world. Many publishers are using Metacritic scores to evaluate product quality as well as give bonuses to producers. However, it is accused of being influenced by large corporations, especially in the games industry.
• IMDB: The world's largest database system of movies. It has the function of reviewing movies but this is not the main function.
• Rotten Tomatoes: the highest rated review website for movies with a large number of qualified movie experts. However, the experts themselves are rarely replaced, which makes it difficult to maintain consistent quality.
• Yelp: Review system for restaurants. Services and many other fields. Focus primarily on the US market.
• TripAdvisor: A system for review of hotels and travel services around the world. In addition, users are also able to book rooms online.
• Techradar: A system for reviewing technology products such as phones and laptops etc.
• Rotten Tomatoes: the highest rated review website for movies with a large number of qualified movie experts. However, the experts themselves are rarely replaced, which makes it difficult to maintain consistent quality.
• Yelp: Review system for restaurants. Services and many other fields. Focus primarily on the US market.
• TripAdvisor: A system for review of hotels and travel services around the world. In addition, users are also able to book rooms online.
• Techradar: A system for reviewing technology products such as phones and laptops etc.
- The strengths of Lina compared to the current system
The LINA Token
The Lina Token (LINA) is the native token of the Lina Platform. It will be ERC-20 token based on Ethereum, a blockchain-based decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference to facilitate online contractual agreements in a cryptographically secure manner. The total number of LINA token created will be 900,000,000. 33.33% of all LINA tokens (300,000,000) will be available for sale to the public in the LINA Token Generation Event. 66.67% of all LINA tokens (600,000,000) will be locked in Smart Contract to be released annually over 10 years (60,000,000 Token per year).
The Lina Bridge
The Lina Bridge is a sidechain bridge service for the Lina Core blockchain network to synchronize bids, payment transactions and to interact with the LINA Token smart contract on the public Ethereum network.
Tokens between the private chain platform and the Ethereum blockchain could be dynamically interchangeable. As such, the balance of the ETH smart contract (LINA Token) could be equal to the liquidity of the tokens inside the private chain. Locking mechanisms in smart contracts should be implemented to ensure the consistency of the balance in user wallets between public and private platforms.
The LINA User Profile
LINA users mean those who are using review services on the Lina Platform to search the information on products and their reviews as well as write their own reviews and assessments. Each user will have their own profile where they can input their interests and preferences. User levels (Common or Expert) can be determined by the owner of the review service. In order to receive token rewards, users will need to register valid addressesto receive LINA tokens.
The Review System
The review system, such as Lina.review, is a review service built on top of the Lina Platform. It is designed to be easy for individuals or companies to build their own review systems on the Lina Platform using the Lina SDK and sample applications. Building review services on Lina Platform is free but a maintenance fee will be charged based on the activities on the service, such as advertising and rating activities. 10% of service revenues (from advertising, merchant review bids) will be charged to cover the costs of development, operation and maintenance of the Lina Platform.
Token Generation Event (TGE)
33.33% of LINA created during the Token Generation Event (300,000,000 Token) will be allocated to the Public Contributors who contribute BTC/ETH to the project. 66.67% of LINA created during the Token Generation Event (600,000,000 Token) will be locked in Smart Contract to be released annually over 10 years (60,000,000 Token per year). The released Token will be distributed as follow: • 15% to the Lina Foundation to keep the Lina Platform running. • 15% will be reserved for future stakeholders. • 35% to the Helpers. • 35% to Large Token Holders (those in possession of > 1 million tokens).
Website : https://lina.review/
Whitepaper : https://lina.review/lina_whitepaper.pdf
Twitter : https://twitter.com/lina_network
Roadmap
OUR TEAM
For more information visit:
Whitepaper : https://lina.review/lina_whitepaper.pdf
Twitter : https://twitter.com/lina_network
ETH: 0xC6281Abcd4085D092a937003FAC019Fdd5296906
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