Coreto; Reputation Based Social Platform

By 𝓲𝓫𝓻𝓪𝓱𝓲𝓶 𝓖ü𝓵ş𝓮𝓷 | Kripto Analizlerim | 5 Jul 2019

What is Coreto ?

Until now, blockchain investors have remained largely passive from a participation standpoint. Influencers, of course, have participated by creating content in the form of reviews and trading scenarios and recommendations, but this activity has largely been unstructured, carried out across various forums and platforms.

On Coreto, investors can not only learn more about the blockchain technology, active projects, and the current state of crypto, but also interact directly, even individually, with experts and influencers. What’s more, they have access to the analytics, insights, and prediction capability of the platform’s cutting edge machine learning algorithm. All of which empowers their ability to make sound investment decisions.

Coreto shake things up by bringing all three parties together on one user-friendly platform that rewards participation and interactivity.

Purpose

Coreto’s purpose is to educate the world about the transformative power of blockchain by connecting all of the parties involved: investors, influencers and blockchain projects.

Vision

Coreto’s vision is to unite the blockchain communities. By using the cumulative opinion of experienced influencers, people will have a better understanding of how and what blockchain projects are aiming to achieve, helping them make better informed investment decisions.

Problem

Research plays a very important part when choosing what projects to invest in. Whether they are in the ICO phase or already trading, new crypto enthusiasts and experienced ones alike, spend a lot of precious time cross checking different sources, trying to understand spreadsheets or trading patterns. All this research is made in order to be sure that they are making the right decision by passing or investing in a project.

There are hundreds of project reviewers, trading analysts and youtubers out there. Some with hundreds of followers, others with hundreds of thousands, but the number of followers doesn’t necessarily reflect the quality of their content or the accuracy of their predictions.

Both Investors and Influencers are searching for those Blockchain Projects that will provide them with the right use cases and investment opportunities. But the quest to identify the right opportunities is not an easy one. Each of the parties involved are facing their own obstacles and challenges.

Investors

Waste a lot of time researching.

Hard to identify reliable sources of information.

Fear of losing money.

Low level of financial literacy.

Lack of experience and market education.

Influencers

Hard time in providing a clear statistical picture of their performance

The need for recognition

Audience scattered across multiple social media channels

Diversification of income channels

Blockchain Project Teams

Awareness costs

Outreach to rewiewers and influencers

Finding quality advisors

Solution

Coreto is based on the most valuable asset a user can have: TRUST.

Coreto's using the immutability and transparency properties of the blockchain technology to build a reputation-based social platform that bridges the trust gap between blockchain investors, influencers, and project teams.

Investors

Easily assess the performance of influencers based on their tracked record

Subscriptions to selected influencers’ content

All major influencers in one place. Use their crowd wisdom in your advantage.

Trading Analysis, State of Crypto, Project reviews, Predictions.

One-on-One mentoring sessions with blockchain experts

All in one place, well organized interface and easy to follow design.

Influencers

Bring the scattered followers in one place.

Profile page specifically designed to reflect experience and knowledge

Build trust and grow your reputation

Unlock new features and options as reputation grows.

A great new income channel

Provide free or paid mentoring sessions to your followers

Blockchain Project Teams

Lower costs. Increased reach. Find support.

Low fees for subscriptions and services

Easier outreach to influencers and reviewers

Great funnel for generating users and adopters

Find Advisors with verified reviews from projects they previously worked with

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How does it work?

Investor Use Case 01

Dave wants to diversify and increase his portfolio, so he starts his research and due diligence.
He heads over to Coreto.io
With the help of our ML and AI, the information is ‑ltered and populates Dave’s main feed with the current market trends and opportunities, based on the expressed and cumulative opinion of blockchain experts and inuencers.
Dave creates his own short list and analyzes the opportunities, taking into consideration the reputation of the inuencers that shared their opinion using our Stacking Of Opinion Pools (SOOPs).
Based on the new information and his own judgment, Dave has now made the informed decision to:
- Invest in one ICO
- Open a selling position
- Open two buying positions

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Investor Use Case 02

Dave has been trading cryptocurrencies for a while now, and has decided that if he wants to improve his success rate, he must first improve his skills. He is now looking for a more experienced trader to learn from and follow his lead.
Browsing and filltering through Coreto’s database of registered traders, he subscribes to a number of them and receives notifications regarding their activity.
In time, his trust is won by several traders and influencers, so Dave decides to subscribe to their premium content.
Dave is now able to book live consultation sessions with his new mentors and in time, he begins to reap the rewards of his learnings.

Influencer Use case

CryptoBob is a known blockchain inuencer and experienced trader. He has a big community, totaling over 100.000 followers, spread across multiple social channels, wasting a lot of time editing and trimming his content accordingly:

- Twitter and Facebook to post ideas and share his thoughts.

- Youtube for documenting his reviews and charts

- Telegram, Slack or Discord to directly communicate with part of his community.

Using Coreto, he’ll be able to create a dedicated profile page specifically designed for blockchain related content and organize it into free and premium content.
Participate in SOOPs and trading competitions to prove his knowledge and assume his opinions. His SOOP results are immutably stored on the blockchain, determining his reputation.
Hold free or paid mentoring sessions with his followers.
Develop a stronger community and follower base, monetizing his knowledge in the same time.

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Coreto Features

ML & AI

Machine Learning and AI algorithms provide insights into investor’s interests, market trends, crowd sentiment and segmented statistics on all relevant metrics, with the end result of creating our own prediction bot that will be free to use for all Coreto users.

Gamification

Competition amongst traders and analysts is constantly at high levels. Coreto will provide the right incentives to stimulate and encourage quality content creation, offering the opportunity to challenge another peer to a 1 on 1 competitive “confrontation”

Direct acces to experts

As quality content creators emerge and prove their knowledge, you will be able to auction for 1-on-1 sessions with those you are following and appreciate

Rumours

Anyone can post rumours about the blockchain industry. But only the ones who get it right and are backed by other members will become fact, and the creator will be rewarded for their findings

Stacking Of Opinion Pool (SOOP)

To prove their knowledge and build their reputation, influencers will back their analyses and ROI predictions by adding their opinion in the existing SOOP of each project they assess.

Powerful security

Powerful data encryption, privacy, and blockchain based data accuracy.

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Token Information

To enable the optimal functioning of our ecosystem, we create a dedicated currency, the COR token, an Ethereum ERC20 utility token. The Reputation currency. The COR token will be used to take advantage of all the services the platform will provide.

Token Name: COR
Token type: ERC20 utility token
Token supply: 330,000,000
Token value: 0.00031 ETH
Hardcap 44,546 ET

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