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BESTCOIN

IMPORTANCE OF REVIEWS


94% of customers say buying decisions are influenced by online Reviews !

There are more and more positive reviews but negative reviews continue to drive away customers.

Online reviews are now a key contributing factor to the market expansion with more interest and spending power in general products, services, fashion ... thanks to social media.

There is actually more than 50.000 new online reviews per minute in the world and more than 25 Billions online reviews each year !

Reviews became the 1st users search on the internet and reviews are now even more important than prices for customers in their buying decisions.

Social networks are now the first places for reviews : Google Reviews and Facebook have become No. 1 and No. 2 for online reviews. Sites that focus primarily on reviews like TripAdvisor are seeing less growth than Facebook and Google.


THE PROBLEM


Centralized social networks have exploded in popularity over the past decade and are now a cornerstone in our daily interactions. People around the globe use these social networks to share information with each other and mutually create value. That's the theory, anyway. Many social networks are plagued by fake reviews that spreads like wildfire, and antisocial interactions between users.

Currently, the main objective of centralized social media providers is to attract more users to their platform. According to Metcalfe's law, the value of a social platform is proportional to the square of the number of users contributing to it. However, this takes the focus away from the most important aspect of a social platform: building a trustly community that actively produces high-quality content.

There is actually no focus on ensuring the quality of user-generated content shared on today's social platforms. Lack of regulation results in a marked decrease in quality content over time. This is to be expected since there is no clear way to control the quality of content in a centralized architecture once a large number of users are active. The situation is akin to a city or a country with no law-enforcement agencies.

Some of the most common misuses of centralized social media platforms are: spreading fake infos to harm someone's reputation, harassment through paid trolls, creating fake accounts and posting fake reviews.

This is by no means an exhaustive list. It's about time social network providers start paying serious attention to these problems.

Many social media companies have been called out for outright content manipulation to attract more advertising revenue. The most notorious example of this is social media rating site Yelp. Some small business owners claim that this platform is purposely manipulating reviews to generate more revenue from ads. This claim has even been brought to court.

Social media firms urgently need to realize that we live in an era where the value of a network is not only determined by the number of active users, but also by the quality and trustworthiness of the produced content.

Social media provides a centralized platform where users can freely express themselves - at least to a certain degree. However, users of today's centralized social networks have no incentive to provide quality content, since they don't benefit from it in any way. There is no reward for providing useful content and there is no penalty for being abusive. This is by far the biggest issue with existing centralized social media platforms.

This highlight the need of having a CRYPTOCURRENCY to build a new Social Network where users will be rewarded for sharing their reviews.


THE SOLUTION


Build the First Decentralized Social Network to Reward people for their Reviews in BestCOIN.

BEST COIN NETWORK

Social Network


REWARDED REVIEWERS


CYRIL.Best
BEST OF CYRIL REVIEWS

ADRIEN.Best
BEST OF ADRIEN

STEPHANE.Best
BEST OF STEPHANE

FABRICE.Best
BEST OF FABRICE

PERRINE.Best
BEST OF PERRINE

LEE.Best
BEST OF LEE

KATE.Best
BEST OF KATE

JOHN.Best
BEST OF JOHN

SEAN.Best
BEST OF SEAN

LUCY.Best
BEST OF LUCY

AMBER.Best
BEST OF AMBER

MICHAEL.Best
BEST OF MICHAEL

ALEXANDRA.Best
BEST OF ALEXANDRA

STACY.Best
BEST OF STACY

JULIAN.Best
BEST OF JULIAN

DAVID.Best
BEST OF DAVID


BEST COIN TEAM


CEO

CYRIL FREMONT - CEO
CEO

Worldwide Serial Entrepreneur : 3 successful IPOs since 1996. Founder and CEO of PREMLEAD, European Leader in online lead generation. CEO of .Best Registry.

COO

ADRIEN HONORE - COO
COO

+10 years sales experience Worldwide. Blockchain specialist. Social Media & INfluencer Marketing Expert. COO of .Best Registry.

CFO

FABRICE PIERLOT - CMO
CFO

+20 years experience Worldwide in travel industry. Founder & CEO of DDB. Hospitality Reputation Expert. CMO of .Best Registry.

CTO

STEPHANE BRISARD - CTO
CTO

+20 years experience in Business Intelligence. Blockchain & Crypto Devpt Expert High value R&D knowledge. CTO of .Best Registry.

BestCOIN + THE.Best = Best Token

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