REOS
REOS
Token: REOS


A Blockchain-Based Ecosystem for UGC

PreICO dates
Start date: 2018-04-27
End date: 2018-08-05

ICO dates
Start date: 2018-08-06
End date: 2018-09-20

Registrated in: Singapore

Platform: Ethereum
Type: ERC20

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REOS categories
Internet Media
REOS whitepaper
Video
REOS token sale
KYC passing required No | Whitelist Yes | Restriction for countries Canada,China,USA
Soft cap 5,000 ETH
Hard cap 75,000 ETH
Tokens for sale 5,000,000,000
Token distribution in ICO
50%
50%
Price 50,000 REOS = 1 ETH
Price in PreICO 75,000 REOS = 1 ETH
Minimal investment 0.1 ETH
Acceppting BTC,ETH
REOS is the world’s first blockchain-based cryptographic exchange for digital content. The platform enables content creators to monetize their UGC, such as short videos, in a variety of ways, without a middleman, while making sure that the content is validated by the REOS community.All digital content contributed by content creators are also registered on the REOSchain, the main blockchain for the REOS community, to ensure accurate attribution of ownership of the digital assets. Content creators can be securely paid by various stakeholders, bypassing any intermediaries, by using REOS, a utility crypto-token issued by REOS Foundation. The value of the content will be determined by the REOS community rather than by any central authority, thus honoring the belief that “Truth is Value.”
REOS news, social
REOS search trends in Google
Random whitepaper excerpts

Contents
Contents .................................................................................................................................................0
1. Introduction ......................................................................................................................................1
2. Background ......................................................................................................................................4
Motivation ..........................................................................................................................................4
Blockchain as the Underlying Technology.....................................................................................4
Ethereum............................................................................................................................................5
Delegated Proof of Stake (DPoS) ....................................................................................................5
3. REOS – A...

1. Introduction
REOS is a blockchain-based ecosystem for user generated content (UGC) that empowers
content creators and consumers. The platform enables content creators to monetize their
UGC, such as short videos, in a variety of ways
,
without a middleman
,
while making sure that
the content is validated by the REOS community. All digital content contributed by content
creators are also registered on the REOSchain
TM
, the main blockchain for the REOS
community, to ensure accurate attribution of ownership of the digital assets
.
Content creators
can be securely paid by various stakeholders, bypassing any intermediaries
,
by using REOS, a
utility crypto-token issued by REOS Foundation. The value of the content will be determined
by the REOS community rather than by any central authority, thus honoring the belief that
“Truth is Value.”
With the worldwide adoption of fast, affordable mobile Internet, UGC from wikis to photos
...

more than 2.36 million contributors worldwide
4
,
whereas Yelp boasts over 100 million unique
mobile visitors in Q3 2017
5
and more than 100 million reviews written as of March 2016
6
.
Nevertheless, we see two shortcomings of existing Internet UGC platforms. First, on platforms
like Yelp or JD.com
,
there is no effective way for regular users to validate the content that
other people upload
.
An online shopping app could be filled with spam comments with even
pictures auto-generated by robots. A consumer cannot tell whether a review of a product or
shopping experience is valid or bogus. Furthermore, centralized platforms often intentionally
allow this to happen because they are benefiting from it financially.
Second, there is too much concentration of power among a few large Silicon Valley Internet
giants like Google and Facebook, to the extent that they not only dictate how much money a
content creator can make on their platfor...

take a 45% cut of the total advertising revenue generated by a user’s video
10
.
Ultimately,
those platforms answer to their advertisers, not the content creators or other users.
REOS overcomes these shortcomings by using blockchain technology. We believe that the
fundamental value of UGC is dependent upon reflecting the truth of content validity,
ownership and rights-of-usage. Therefore, we try to create a community of content creators,
promoters and consumers where members are incentivized to dig out the truth. Inspired by
Reddit’s Up
-
vote/Down
-
vote mechanism, we are developing a truth ratings system on top of
the REOSchain
TM
,
along with the issuance of REOS tokens.
REOS intends to disrupt existing centralized, advertising-driven social media by effectively
leveraging blockchain technology to give power and control back to content creators and
consumers while ensuring validation of UGC
.
10
Eric Rosenberg, ...

2. Background
Motivation
Working with content creators on traditional social media in projects related to live
streaming and short videos, we discovered that many of them are motivated by
monetizing their work, which is becoming increasingly challenging. This is due to a
number of limitations to monetization, such as
• Advertising is the primary method of monetization, which often requires
hundreds of thousands, if not millions, of views to generate meaningful
revenues;
• Middlemen take a significant cut from advertising revenues;
• Content can be used on other platforms without permission or attribution; and
• There is little privacy protection, as many platforms share users’ information
with advertisers.
We want to help content creators monetize their work without constraining themselves
to a few centralized social media platforms. We aim to give control and freedom back
to content creators while benefiting content promoters, consumers, and advertisers in
a...

Blockchain has the following important characteristics that make it ideal to use in REOS:

Decentralization: Data are held across the blockchain network, which eliminates the risks
and vulnerabilities that come with storing data centrally, such as central point of failure and
data loss.

Openness: A public blockchain makes its data transparent to everyone involved. It is
permission-less, which means that applications can be added to the network without the
approval or trust of others
14
.

Security: Blockchain offers high-level of security against fraudulent activity such as data
tampering and identity theft
.
Ethereum
Proposed by Vitalik Buterin in late 2013, Ethereum is an open source, public blockchain-
based platform that runs smart contracts, which are applications programed to implement
agreements between two or more parties “without any possibility of downtime, censorship,
fraud or third-party interference
15
.” E...

consensus
17
.
DPoS implements a layer of technological democracy to offset the negative
effects of centralization through the use of Witnesses (formally called Delegates)
18
.
In Larimer’s initial design, peers in a particular blockchain community vote for Witnesses to
secure their computer network. Only some Witnesses are paid for their service, and only a
subset of them earn a regular salary. Their vote strength is determined by how many tokens
they hold; peers who have more tokens will influence the network more than those who have
fewer tokens. As the community grows, it gets harder and harder to remain a paid Witness
due to increased competition, which creates incentives for the Witnesses to excel and add
more value to the community. Peers in the community can vote bad actor Witnesses out, as
the voting is always ongoing
19
. DPoS eliminates the need to wait until a certain number of
untrusted nodes have verified a transaction before it can be confirme...

3. REOS – A Blockchain-Based Community for UGC
REOS Token (REOS)
REOS tokens (REOS) will be the cryptocurrency used on the REOS platform. To be issued on
Ethereum, the utility token will be based on the ERC20 standard.
REOS Foundation plans to issue a total of 10 billion pre-mined REOS tokens. Details of the
token allocation will be published on https://reos.me.
Roles of Community Members
1. Content Creator
: Any member can create a piece of content and upload it, thus
registering it on REOSchain
TM
. A content creator earns 10 REOS for each piece of content
they register on REOSchain
TM
. Only the fingerprint of the content (including a pointer to the
actual content) is recorded on REOSchain
TM
. The content itself may be stored in a data center
or on a peer-to-peer file storage network with access control. Once registered, the content
creator can decide if they want to ask content promoters to initiate the validation process.
2. Content ...

REOS Roadmap

1
September 2018
ICO Completion.
2
December 2018
Beta Launch of REOSchain.
3
June 2019
Commercial Launch of REOSchain and REOS Apps.
4
December 2019
REOS OGC Digital Market Exchange - Commercial Launch.
Leon Bian
Leon Bian REOS PROJECT LEAD

Jay Cheng
Jay Cheng HEAD OF BD & MARKETING

Larry Chen
Larry Chen HEAD OF ENGINEERING

Andre Rabold
Andre Rabold CHIEF SYSTEM ARCHITECT

Jack Rong
Jack Rong CHIEF SOFTWARE CONSULTANT

Eric Liang
Eric Liang SYSTEM ENGINEERING AND OPERATIONS

Fabi Pina
Fabi Pina MARKETING MANAGER

Irene Lee
Irene Lee CONTENT ACQUISITION MANAGER

Ephraim Feig
Advisor Ephraim Feig LIFE FELLOW, IEEE

Karen New
Advisor Karen New OWNER, NOOX

Terence Ng
Advisor Terence Ng DIRECTOR, GLOBAL ECOSYSTEM AND CLOUD SERVICES LENOVO

Grant McCarthy
Advisor Grant McCarthy PARTNER, ASIA PACIFIC GROWTH MANAGEMENT (APGM)

Paddy Tan
Advisor Paddy Tan FOUNDER, INTERVENTURES ASIA, AND FOUNDER, ICORA CO LTD

Jay Cheng
Jay Cheng
HEAD OF BD & MARKETING
Karen New
Karen New
OWNER, NOOX
OmiseGo advocate. Singapore
Blockchain Advisor
Blockchain Advocate, Speaker and Author
Paddy Tan
Paddy Tan
FOUNDER, INTERVENTURES ASIA, AND FOUNDER, ICORA CO LTD