CORETO.IO: BRIDGING THE TRUST GAP BETWEEN CRYPTO INVESTORS AND PROJECT TEAMS

ndubades (31)in #blockchain • 5 years ago (edited)

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Let me briefly share a not very pleasant experience I had when I newly started investing in crypto/digital currencies.

I started getting enthused by digital currencies and the enormous investment opportunities it held in the year 2015. I decided to invest $500 into a particular coin, XYZ (not real token name). Now, XYZ is, as was described on the materials I read by Influencers online, a hospitality token that will be used to power the highly lucrative travels and tours ecosystem in major Asian cities. The team behind the project pointed out problems plaguing that particular ecosystem and presented so many clear cut solutions to these problems, at least on their Whitepaper. I bought into their ideas, and immediately decided to invest.

Couple of weeks after tokens were sold out at ICO, I began to smell foul play. The social media handles of this company started developing issues. Offline today, online tomorrow, offline the next day. Whenever they managed be online, they will find it difficult to clearly answer questions or explain the current state of the project to the investors. I didn't want to believe what was about to happen. My hard earned $500! I kept faith, following up on the project with every online resource I had. As the days went by, it started becoming more obvious that I have bought into a scam ICO.

It took me a while to accept the reality, but I eventually did. Token didn't list, project team vanished, site became unaccessible,....! One thing to note in all of this is that while blockchain and cryptocurrency platforms are fully accessible to investors from a technical standpoint, a lack of knowledge, awareness, and trust have created frustrating obstacles for many of these investors. As a result of these obstacles, fewer potential investors choose to participate, ICO projects are unable to achieve their funding goals, and likewise, many creators of cryptocurrency, blockchain and other such related contents are unable to establish themselves as thought leaders in the field. The scenario leaves everyone involved on the loosing end.

The problems I faced above did not deter me from participating in ICOs. It rather spurred me to research more. Along the line I learned that there are yardsticks that are peculiar to measuring the viability of an ICO based project, other than just stumbling on materials online, and sentimentally deciding to invest.

Have you heard of CORETO.IO? I came across this unique project along the line, and it is with great pleasure that am sharing it with you.

INTRODUCING CORETO

Let me begin by saying that Coreto is short for COmmunity REward TOken. The team is creating a platform that is reputation-based, tokenized, social, with the ability to disrupt the way blockchain projects are being reviewed, using the cumulative knowledge of experienced investors and influencers mixed with machine learning algorithms and a pinch of predictions. As investors in unreliable blockchain projects themselves, the creators of Coreto understand firsthand what it means to experience losses due to a lack of information, awareness, and trust. This is why they are developing Coreto as a way to foster increased transparency and participation in this arena. The coreto team provides a reputation-based social platform that bridges the trust gap between blockchain investors, influencers, and project teams. The major goal of this incredible project, which is to return Trust, will be made possible through the generation and collection of information about blockchain projects in an organized and easy to use way. It a known fact that those who lost money as a result of investing in a failed blockchain or ICO project will be afraid to reinvest without a second thoughts. Therefore, to change the mentality of people, Coreto will provide solid and concrete information on which users can rely on to make decisions regarding the performance and reliability of any given project team, and even contents promoting such projects.

The Coreto team is of the sentiment that the most important resource a client can have is TRUST. Trust inside the Coreto ecosystem can be accomplished through the formation of value content by merchants, constructive connections of a Content Creator with their supporters, and by the amount of COR tokens held in one's wallet. This will make the stage the most exceptional. Also, the trust will be earned through the stage AI and AI calculations that give experiences into speculator's interests, advertise patterns, swarm feeling, and fragmented insights on every single significant measurement. The final product will be an expectation bot (for instructive purposes) that will be allowed to all Coreto clients.

WHAT THE CORETO PROJECT IS OFFERING

To Investors: the Coreto platform has put in place sufficient packages to end their worries, help them to have more understanding, and also save more of their precious time by gaining access to information that is authentically verified and trusted. These packages include;

Materials that are comprehensively prepared by content creators that are confirmed and guaranteed.
Ideas on how to successfully trade crypto from experts that are not scammers.
One-on-one guide and mentorship by your admired blockchain experts.

To Project Teams: As a crypto project team, coreto has packages that will help you maximise the merits of centralized opportunity to access content creators, influencers and investor.

To Crypto Influencers: For Influencers who want to develop or grow their reputation, in order to get recognition for what they are putting across and have a huge audience, Coreto has packages in store for them. Some of these include:

packages that will help you monetize the contents without stress.
packages that will help educate you on how to get charting challenges that are new
neat arrangement of your works and audience.

SOME PLATFORM FEATURES IN PICS

THE COR TOKEN

The COR tokens are ERC20 utility tokens that will be used for several purposes on the CORETO.IO platform. Some of the several ways that this unique token will be used include:

to take part in stacking of Opinion Pools,
subscription to premium contents from influencers,
upvoting and downvoting projects and influencers,
auctioning for 1-on-1 mentoring sessions with influencers, etc.

CONCLUSIVELY

The ideas behind the Coreto project is quite revolutionary and one of a kind. As a full time cryptocurrency investor and trader, I can confirm to you that this is the most innovative project I've come across. Coreto aims to provide crypto investors with a perfect platform to find those influencers that are worth being followed, and use the crowd wisdom of blockchain experts to identify new trading opportunities and quality content that will enable them to learn faster and earn more in the exciting cryptocurrrency space, thereby taking advantage of trading and ICO/IEO investments.

MEET THE AMAZING CORETO TEAM