Verify

Name: Verify - Distributed Reputation Protocol

Ticker: CRED

Price Info: - https://coinmarketcap.com/currencies/verify

What is Verify (Cred) Coin?

CRED is a newer token, having been released in December 2017. It quickly reached its ATH within a month of trading (which is common for new cryptocurrencies) by climbing to $4.70.

With Verify, buyers and sellers can earn a reputation over time for – holding up their end of the bargain.” You can use your reputation to earn extra perks like advanced payment, credit, and more. Based on Ethereum blockchain, Verify wants to create a bridge between buyers and sellers with the concept of reputation. This system helps buyers to avoid fraudulent sellers and allows sellers to obtain lower transaction fees and accept any major cryptocurrency.

Technology

Cred reputation protocol will allow safer cryptocurrency transaction. In addition, they are offering a way for buyers and sellers to be protected when using crypto to shop online.

In Q1 2018, Verify will be busy securing sellers in the platform in order to guarantee the usability to buyers and working on infrastructure tasks to allow sellers to integrate and use Verify Payments in their stores.

Competition/ Similar Coins

Utrust (UTK)

Revain (R)

Request network (REQ)

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