Review on DREP by Ali Huseynov

DREP (decentralised reputation) creates a blockchain-based reputation ecosystem that can be used in internet services. With DREP, easy-to-use “connectors” and “toolkits” based on blockchain are created.

Drep foundation; With the aim of promoting and developing an open, transparent and high-quality Internet community , they make decentralized reputation applications called DRAPps , which work in the drape chain . Stating that existing Internet platforms are full of fake accounts and information that reduces the reputation of users, which have difficulties in creating a quality and reputable profile, the aim of the team is to produce solutions to provide a higher quality customer and community infrastructure for platforms serving in the field of e-commerce, social media and content.

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To give a real-life example, removing comments from sites like tripadvisor or amazon from spam and shoddy comments and highlighting more accurate comments that benefit. As a similar example; One of Drep's potential targets is to show the user the right content they would like to read from among the sharing garbage on social media platforms such as Facebook and Reddit.

Drep calculates the real value of the targeted 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 based on the data obtained as a result of users voting on what they find useful and useless. In another method, which I can call "Reputation Confirmation", those who prefer the majority preference are rewarded, while those who remain in the minority are marked negative by the system. Apart from these, there is a system called "Reputation Tip" where users gain respectability by tipping each other, and there are different solutions called "Reputation Staking". DREP coin is the cryptocurrency that the platform provides rewards in the system and functions in service usage.

DREP Coin Price

According to CoinMarketCap data, at the time of publication, the DREP USD parity token is trading at $0.0029. In addition, it is worth noting that in the DREP BTC trading pair, the token is traded with 0.00000025 BTC.

On the other hand, DREP coin hit the lowest level with $ 0.0006 on March 13, 2020, and reached the highest level with $ 0.0058 on May 21, 2019. It should also be noted that with 11,654,846 USD, DREP coin ranks 488th in the market cap.

How to Buy DREP Coins?