Meet Revain’s inner system token — RVN

Today, we’re going to take a deeper look at RVN-token in terms of how it is designed to be used within the platform. The first and foremost designation of the token is avoiding the impact of volatile exchange rate of R-token on transactions within the system.
So how do users and companies get the RVN in the first place? This is done by converting R-tokens into RVNs. Exchange can be executed at all times within our web-interface with no extra fee based on this formula:
1 R-token = R value (in BTC) / 0, 0001 RVN-tokens
Here is the operations available to Revain users and companies:
Rewarding users for quality reviews.
Users are allowed to submit up to 5 reviews per day and receive rewards only on condition that a company that they review approves it. Later on we will be implementing user ratings giving more high-profile users the opportunity to review more. Setting genuine reviews as our prerogative, we’ve came up with an economic model that is new to this market: writing fake reviews would be unbeneficial to the users themselves. The more reviews a user produces, the bigger our fee would be. All users get equal rewards.
Debiting companies for written reviews.
The reason we charge this fee is simply to provide for user motivation to give only quality feedback. This amount frames our fee for the service and user reward for a review. Companies are able to set up their own criteria for assessing a review quality, for instance requiring users to provide a photo or a check-in confirming their experience.
Penalizing companies for inadequate moderation of reviews.
No company wants a bad review, so we came up with a way to control speculations on user reviews. A user who thinks that a company rejected his review without a reasonable basis can file a dispute that will be handled by a decentralized system of oracles, or high-profile users with good ratings. Should a user prove his point, he’s awarded and the company is to be penalized. After receiving of 3 warnings the company is blocked from using the platform.
Penalizing users for non-compliance with the rules of the platforms.
A user will receive a warning in 2 cases: if over the period of 2 weeks 3 reviews are rejected by an automatic filtration system. Or else if 5 of user’s reviews were rejected by the company over the same period. Users also receive 3 warnings max, with 4th warning leading not only to blocking, but also to not being able to withdraw accumulated RVNs from the system.
Now, with R-token being traded on crypto-exchanges imagine the impact of its rapid rise on the cost companies will have to pay for a review, or a user being penalized for non-compliance — we are surely not going to rob anyone by charging crazy amounts. RVN-token is here to provide for stability of the platform making all the costs to the users fixed.