LookRev is made for all the creatives like distributors, designers, product creators, and consumers. It aims to be the first blockchain-based system in the creative industry.
Key Statistics
Premise
4.5 – Very Good
For the past six years, has already created virtual reality and augmented reality products in the market with about 400,000 downloads. One of which has even got recognition from HomeStyle Magazine as the Best App of the Month.
Although they created VR and AR products, LookRev assures that all creative products have its place in its market, regardless of the creatives technical ability and skills in producing creativity.
LookRev operates through smart contracts where designers, distributors, and product creators can earn. It is also trustworthy in a sense that these creatives can take full ownership of their products and designs by adding watermark to them.
On consumers end, they can customize the products based to their liking before deciding if they will purchase it.
Team
3.5 – Pretty Good
The one who leads LookRev is the so-called ‘Rain Maker’ of the company, Grace Tang. With her experience for over 15 years in the market, she has created world-class software that intensifies the creativity of LookRev. Experience and name are important in the business, and with Tang’s name standing tall in the industry, LookRev must get all the respect and support it needs.
Token
5 – Excellent
LookRev has its token named LOK and can be used in transactions through LookRev’s web DApps or also known as Decentralized Apps. It can also be traded in its native mobile apps.
Another way is to use ether during crowdsale to LOK’s token sale contract. 1 ETH would be equivalent to 2400 LOK.
LOK is very flexible as it can be sold anytime through LookRev’s smart contract or other cryptocurrency exchange platforms.
Contributors will also benefit from the business scheme as it receives rewards during customers’ purchases and uses with no middlemen.
Risk
3.5 – High Risk
Technology seems to enhance by the day, and everything is now done virtually. In LookRev, you can try the makers’ product by just using your mobile phones and your photos to see if a particular product will look good on you. Initially, if you think that it is, you will purchase it at some point. The risk of online shopping is you trust the product without seeing the quality it has personally. You just hope that you get what you pay for – fair and just.
Also, LookRev can lead you to the designer’s digital outfit catalogs, and you can hope that these products do not just look great on you in pictures but also in reality. The risk lies in the same scenario of expectations vs reality memes that we see all over the internet.
Summary
5 – Excellent
LookRev values time and effort, and that are quite prominent by the way they had built their system.
In the world where everyone thinks they can just own anything they get from the Internet, LookRev will make sure that the creatives have the proper credit they deserve on their product. It is protecting someone’s intellectual property at its finest.
Moreover, the customers do not just see the products virtually, but they can also test it out through pictures. It is better than just browsing the web and hoping that what you see will suit you when they arrive at your doorsteps. At this rate, consumerism has high rate due to impulsive buying, thanks to efficient advertisements here and there. With LookRev, they help consumers be responsible for every transaction they make.
LookRev is secured, reliable, and flexible with an open network that can help individuals practice their best interest to its full potential while directing towards growth.
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Global From Asia ICO Briefing does extremely early-stage research of token offerings. As the project progresses, details may change significantly or completely. Always do your own research and do not invest more than you can afford to lose.
The information contained in this article is for education purpose only and not financial advice. Do your own research before making any investment decisions.
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