A big problem with consumer review sites is that it’s hard to know for certain the authenticity of a review. A negative review could come from a competitor, somebody with an axe to grind or even a bot; a positive review may be posted by the proprietor itself, a friend or even paid shills. Honest consumers also have little incentive to post quality reviews, because it’s only the review site provider who makes money from user content.
True Reviews is an application built on the Bitcoin SV (BSV) blockchain that fixes problems with traditional consumer review sites, and encourages higher quality content. It uses BSV micropayments to allow users to profit from their review content, while also reducing trolling and preventing fake reviews from bots. Reviewers must actually pay a few cents (in BSV) to post reviews, but can earn BSV back because other users must pay a few cents to like, comment or interact with the user reviews. The platform also allows reviews to be tied to a tokenized proof of purchase (using tokens also built on BSV), allowing consumers and businesses to verify that reviews are coming from real paying customers.
Why would I pay when I can post on normal review sites for free?
i) True Reviews’ “pay-to-post” model discourages online bots, trolls and fake reviews (unless they want to pay), and encourages more honest and higher quality reviews
ii) The payments are tiny, a couple of cents each (in BSV) and ‘what goes around comes round’ – a review post will cost $0.02,