Relevant (REL)

What Is Relevant (REL)?

 Relevant (REL) is a platform for curating posts according to their quality, not popularity. Only relevant information appears at the top of the feed, as the platform prioritizes quality over clicks. Relevant is built over blockchain technology that allows the platform to create an economy around the information it values.

Relevant creates a quality metric known as Relevance, which helps users to rank, classify, and add notes to content. This process helps create a subtle difference and meaning back into the information system. Through Relevance, the platform aims to bring better selection and discovery methods while also intending to reconstruct the information environment. The center of Relevant is not users but information.

The Relevant news sharing app went through beta testing that seeks to motivate users to rank content according to its quality. The Relevant app formulates and experiments with the Relevance metric and its underlying economy. Every article on Relevant is ranked as per its relevance score. The platform allows users to link, edit or add notes to the content to create a multidimensional platform. Relevant envisions a democratic, decentralized, and transparent network in which engaged experts can contribute to the creation of a global knowledge project. 

According to its whitepaper, to encourage the curation of quality information, the Relevant app uses reputation and incentive protocol. The reputation protocol is used to recognize and rank experts on several topics. As a result, the platform ranks content depending on the level of expertise of those who share and promotes it. Through the reputation system, the platform can filter and rank content, providing users with quality articles recommended by the community. At the same time, the incentive protocol of Relevant motivates the users to increase the quality of information on the platform. 

The native token of the platform is REL. As users create the data on Relevant, they are rewarded with tokens. REL is a utility token that is built over an inflationary mechanism. REL token holders can use their tokens to stake on content within the Relevant App.

History of Relevant (REL)

The founder of Relevant (REL) is Slava Balasanov who has vast experience in software development. Slava holds a Bachelor’s degree in Mathematics and Computer Science as well as a Master’s degree in Interactive Technology.

The whitepaper of Relevant was launched on February 7, 2018.