Eminent ico review
The EMINENT token fuels the BeepBeep Nation mobile app for both iOS and Android. BeepBeep Nation is an all-in-one solution for users to solve their daily problems very quickly, by enabling them to help each other out when help is urgently required. It does this by facilitating the connection between a person needing help and the person providing the help. From getting the latest, freshest information from real people in specific locations, to getting rides or places to stay in from people in specific locations who don’t mind helping out their fellow users, to getting quick help in cases of distress including people with a medical emergency or those who are missing a family member or pet at that moment and needing help to find them quickly, and more – BeepBeep Nation makes the requesting and provision of any type of help the most efficient and effective they can be.
- Token Name
- Token sale
- 112,228,260 EMN
- Token Price
- 0.25 USD
- Token Supply
- 156,250,000 EMN
- Hard Cap
- 31,250,000 USD
- Restricted Countries
- ETH, FIAT
- Click Here For View Whitepaper
BeepBeep – A Decentralised Helping Economy
BeepBeep Nation takes the sharing economy another step further, by creating a helping economy. It not only makes efficient use of idle assets or skills, but our users can also provide them as a way to help other users, with no expectation of any reward in return. BeepBeep Nation is a location-based peer-to-peer (P2P) mobile app that connects a help requester and a help provider.
A requester sends out a request and a helper can respond accordingly to the requester’s request. Helpers can state their interest to help the requestor and the requester can choose from the multiple interested helpers for the help he needs based on a few criteria. Depending on the nature of the help requested, the request will be sent to a radius of between 1km – 5km of the location specified by the requestor.
BeepBeep Nation will only charge requestors a nominal fee for requesting help from its users, for our other users to know of their request for help. This request fee is merely a usage fee and is not dependent on the scope of the help to be rendered by the helper.
BeepBeep Nation Helpers: Motivation
The helper benefits in some way from helping the requestor
A simple example is when the freeway requires 2 people in a car before it could go on the fast lane. If the helper helps the requestor who is going the same route, he can get onto the fast lane and reach their mutual destination much quicker, thus saving him time and gas.
It doesn’t take much time and effort to provide the help
Certain help takes only a few minutes to do, if at all. As an example, the helper who lives near the requestor is already shopping at an outlet that the requestor wants to buy something from. It’s a simple matter of just picking up the item for the requestor and then dropping it off at his house which is on the helper’s way back.
To make new business contacts
Networking with other people for a business benefit is as old as the hills. In fact, some of our best business contacts are those we meet outside of our own circles. Smart helpers know this – and helping another person who may be good for his business can be worth more than whatever the time and effort he puts in to help another.
To make new personal friends
Helping another without monetary compensation is an excellent way to broaden our circle of friends. We’re social creatures and social media created a world of digital social humans. BeepBeep Nation makes us physically social again – probably even more so. This enhances human interactions which are good for our overall wellbeing.
Payment Of Gratitude Tips
Transactions can be settled in the form of EMN tokens instead of fiat and are done between the parties themselves. This is a form of escrow and secured payment method. In the event there is a dispute between a requestor and helper after payment has been made, this amount can be clawed back and returned to the requestor if it is determined the helper is at fault. This determination will be made by a conflict resolution committee which consists of BeepNeep users themselves who are randomly assigned to act as the jury to sort the matter out through their votes on BeepBeep Nation. Users’ public keys will also be made private, and payment settlements are facilitated through the BeepBeep Nation app with a single tap of a button by the requestor.
Users will be randomly selected to judge disputes between requestors and helpers, in exchange for rewards. Only users with high ratings and verified status will be chosen for this task. A group of users, up to 5, depending on the nature of the help, will be selected each time a dispute is raised, and the decision in resolving the dispute will be made on an average of the decision of the jury, based on the ratings they have. The higher the ratings,
the more weight they have in terms of the outcome. 20% of the transaction size will go to the reward of the jury, and this reward will be deducted from the stake of the party at fault in the transaction in question.
Rewarding Pro Users
The top tier 5% of verified users will be rewarded with EMN Coins on a regular basis, based on the number of requests sent out, and the number of requests they respond to.
Free credits will be rewarded to first time users and when they refer a new user to sign up.
Other Profit Centers
Users can choose to receive beeps in locations he is NOT in. Subscriptions can start at a low rate per month to receive beeps in up to 3 other locations that the user is not in.
Users can pay to advertise their items for sale or for items wanted. Their ads will be seen only by those in the locations chosen.
Transactions can be settled in the form of EMN tokens and are done between the parties themselves. This is a form of escrow and secured payment method. In the event there is a dispute between a requestor and helper, this amount can be clawed back and returned to the requestor if it is determined the helper is at fault.