There is too much fraud in the home repair industry on the internet. It is very difficult for consumers to know the best contractors because every contractor claims to be the best. In fact, the highly ranked contractors on the internet are quack. They acknowledge that they provide poor services, so they purchase reviews and ratings to make them appear to be the best. Below is a plan on how this problem is going to be solved once and for all.
The plan
To solve hidden advertising fees, review fraud and inflated costs, Bob’s repair I am going to build an application. The company has already enlisted the services of experienced software engineers and blockchain experts to do the task.
They will spread the word through the 50000 customer base from STWP, social media and the cryptocurrency community. The company is confident that as people get to know about the important service, the more the service will grow. Obviously, contractors will respond to the benefits of this platform like more control of their schedule and higher take-home pay. Consumers will also flock to trustworthy reviews, better services, and lower prices. This will lead to a thriving and decentralized network of contractors and consumers.
Funds are going to be raised to enable Bob’s Repair spread awareness. They are going to raise funds by issuing ERC20 tokens. BOB Token is the name of the token. Token holders will be given 50 percent of profits by purchasing the tokens every quarter on the open market and then burning them. The burning process is the same as providing quarterly buyback and reinvestment dividends. BOB token will be issued as security in compliance with the SEC regulations. The company has engaged counsel experienced with international finance and SEC regulations to ensure that there is regulatory compliance.
The company will follow the modern trend in revenue models in order to maintain revenue. There will not be any membership fees, transaction fees, and sign-up costs. This will reduce the barriers to entry for the contractors, and the prices will also be kept low for the consumers, and this will help to facilitate growth. The service provider is going to earn revenue by generating money through the STEEM blockchain, though providing targeted beneficial third party services to consumers and contractors and through escrow services.
Through the Bob application, the company is going to capture a significant portion of the approximate four hundred billion dollars skilled trade industry market. This will make contractors and consumers experience better.
Fraudsters are going to receive a heavy blow while genuine contractors and consumers are going to benefit from the Bob application. The application is going to make sure that customers receive quality services at cheaper prices while contractors get the ratings they deserve on the platform. The burden of advertisement fees is going to be lifted, and contractors will don’t have to stress to advertise their company anymore.
Official Website: http://bobsrepair.com/
Whitepaper link here: https://bobsrepair.com/docs/White-Paper.pdf
Forum profile URL : https://bitcointalk.org/index.php?action=profile;u=1434692