Verify is a reputation protocol that tracks the transaction history of participants (buyers, sellers) and unlocks benefits for those with good reputation. Reputation is a history of all previous transactions. Every transaction is rated by both parties, and the reputation of each party is updated based on the feedback from the counterparty.
Verify works just like reputation in real-life :
- Earn reputation over time by holding up your end of the bargain
- Use your reputation to earn real perks like advance payment, credit and more
- Quantifiable, but also fair ! Relies on feedback history and other signals
Verify payments fueled by CRED tokens :
- CRED tokens represent the “trust” in a transaction, and no transaction can take place on the platform without an “insurance policy” in the form of CRED tokens.
Buyers get 100% protection against :
- Fraudulent sellers that dont fulfill orders
- Low quality & non-genuine products
- Low quality or damaged items
Sellers get :
- No chargebacks
- Lower transaction fees
- Instant payouts in USD
- Accept any major cryptocurrencie
Interested in ? => https://verify.as/
and what if im not buying or selling on the steemit platform? what benefit would there be for me to participate?
i know i sound prickish by asking but this is a honest inquiry.
will be waiting for a reply.