Review on WOM Protocol by francis fernandez
promoting an advertising network based on people's recommendations
Advertising is one of the most valuable resources when promoting products and services massively. If we add to this the security, transparency and scope of blockchain technology, we are facing an unparalleled tool.
WOM Protocol is a blockchain infrastructure focused on using the resources of distributed ledger technology to create a secure advertising system, based on the convening power that people have when making honest opinions about brands and products.
How does the WOM Protocol call network work?
The WOM Protocol ecosystem awards rewards to people who share honest opinions with other people directly, about goods, brands and services; using the network's native currency: the WOM token to monetize operations.
Valuable features and use cases of the WOM Protocol ecosystem:
Monetize user rewards on a peer-to-peer ad network
It allows to create a sustainable economic system
Create an open market without intermediaries for the exchange of digital assets
Serves as an inexpensive and fast advertising tool
Create a transparent advertising system
Allows users to get a safe currency
Provides consumers and customers with the opportunity to develop their own personal economic system based on the transmission of comments about their favorite brands or products
According to this analysis, we can see that people have unparalleled convening power that also allows them to generate cryptocurrencies by making sincere recommendations about goods and services within the WOM Protocol ecosystem.
Pros
- Promote advertising by transmitting honest personal comments about products
- Create an ad network based on honest personal opinions
- Create a direct peer-to-peer advertising medium
- Allows users to get rewards for their advertising summons power
- Avoid brand promoters paying high advertising campaigns
Cons
- It is a protocol in development
