🔦Our Vision

"Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly." — Vitalik Buterin

Introduction: Revolutionizing the Survey Industry

CryptOpinion is revolutionizing the paid survey industry with its decentralized application powered by blockchain technology. By eliminating intermediaries, CryptOpinion offers a seamless platform for conducting surveys while ensuring transparency, trust, and fair rewards for participants.

Seamless Survey Creation:

With CryptOpinion, businesses can create surveys by staking a designated cryptocurrency, $COPI, within a smart contract. This ensures that all participants, including respondents and validators, are fairly compensated for their contributions.

Participant and Validator Roles:

Participants are divided into two categories: participants who provide answers to survey questions, and Verifiers who ensure the quality and integrity of responses. Each participant must stake 30% of the potential token rewards to validate their participation, fostering a commitment to honesty and accuracy.

Ensuring Authenticity:

Through a carefully designed protocol, which includes random selection of validators and consensus among them, CryptOpinion ensures the authenticity of survey responses. Honest participants are duly rewarded, while dishonest behavior results in the forfeiture of stakes and no rewards. These forfeited tokens are returned to the survey creator and owner as compensation.

Sustainability and Fairness:

To cover development and storage costs, a nominal fee of 5% is charged for each survey creation. This fee ensures the sustainability and growth of the platform while maintaining fairness and transparency.

Convergence of Web 2.0 and Web 3.0:

CryptOpinion represents the convergence of Web 2.0 and Web 3.0 technologies, harnessing the power of decentralization to actively engage all network participants. By storing survey data on the blockchain and utilizing hash functions for data integrity, CryptOpinion ensures unparalleled trust in survey results, setting a new standard in the industry.

Self-Sustaining Economy:

Moreover, the integration of a dedicated token, listed on exchanges, allows for a self-sustaining economy within the CryptOpinion ecosystem. The balance between buyer demand from businesses deploying surveys and seller strength from participants ensures a dynamic marketplace that respects supply and demand principles.

Empowering Businesses and Participants:

In essence, CryptOpinion empowers businesses to gather valuable insights while rewarding participants fairly, all within a transparent and trustless environment facilitated by blockchain technology.