n response to the issues of fake news/contents/accounts, DREP Foundation aims to provide a blockchain infrastructure and decentralized reputation protocol. These will empower existing Internet platforms to unleash their reputation value and achieve the interconnectedness of reputation data in the Internet community. DREP's vision: - Build an infrastructure to accelerate internet platforms’ (social networking, online content providers, online games) user growth and traffic monetization - Tackle the issues of fake news/contents/accounts identification and filtering - Enhance tokenomics based on reputation-backed assets and reputation-backed currency - Establish token holders sharing pool for more targeted user acquisition
Decentralized Reputation System (DREP) is a decentralized solution based on blockchain technology that quantifies and monetizes reputation value and uses it for trading, making investment, sharing data and providing services for all the Internet platforms.
DREP’s vision is to build a reputation-centred blockchain platform for the Internet by utilizing decentralized mechanism, economic incentives, and data sharing; to break the data barriers between different Internet platforms and quantify and monetize the reputation value of users, content, products, services etc. on the blockchain; to allow reputation-owners to manage their reputation in a safer and more private way; to enable applications on the Internet to maximize the value of reputation.
Initiate DREP project initiation, design project framework design, and draft the white paper.
Project framework design including four economic incentive models and reputation-based smart contract
Register DREP Foundation in Singapore; Private funding at a discounted
1. Co-establishing of Sino-Singapore Innovation Alliance (SSIA) 2.Cooperation with Nanyang Centre for Public Administration to establish a joint Blockchain laboratory and practice base 3.Become a case sponsor for Shanghai-Singapore Business Forum x Hackathon 2018 4.Launching of the first internally incubated DRAPP
Beta test of reputation infrastructure network