The ICO idea is good. So you are going to integrate blockchain into a already established business. So its confirm that investors wont loose money if they invest in this ICO. Can you specify the benefits of token holders? Is this BOB token a ERC 20 token? For me this project seems legit. So I am going to join in facebook and twitter campaigns.
Thank you for asking! We are an ERC20 Token. The Bob Application will leverage blockchain technology to fight review fraud. The Bob Application will be built on the STEEM blockchain due to its three second transaction time and no transaction costs. The Bob Application will store all financial transactions that take place on Bob’s Repair on the blockchain. Then, when both sides of a transaction - consumer and contractor - leave a review, Bob’s Repair will link that review to the actual financial transaction. By linking reviews with actual financial transactions, consumers can trust that the review is real and unaltered. Real reviews, from real consumers, provides better information so consumers can make better decisions.
Our Revenue Mode:
To keep prices low for customers and barriers of entry low for contractors, Bob’s Repair will not have membership fees, sign-up costs, or transaction fees. Instead, Bob’s Repair will generate revenue in three ways: the STEEM blockchain, escrow services, and providing targeted beneficial third-party services to contractors and consumers.
● Escrow Services. For transactions where the parties desire to use an escrow service, Bob’s Repair will earn a 1.5 percent service fee from the funds held in escrow. For escrow services, Bob’s Repair will leverage blockchain technology to ensure that project milestones, reviews, and associated data are stored in tamper-proof format.
● Third-Party Services. To generate revenue and provide further benefits to contractors and consumers, Bob’s Repair will provide targeted loans, insurance products, and decentralized financial products and services for both contractors and consumers
● STEEM Blockchain. Use of the STEEM blockchain will result in revenue for Bob’s Repair.
