NOBS (No BS Crypto) is a groundbreaking platform that is revolutionizing the evaluation and rating of cryptocurrencies. With a strong commitment to transparency and objectivity, NOBS is dedicated to providing unbiased reviews and assessments of various digital currencies. The platform aims to establish a trustworthy and dependable space where crypto projects can be evaluated without any biases or hidden agendas.
NOBS places a high priority on transparency and integrity. Every rating and assessment conducted on the platform is made available to the public, ensuring complete transparency for users. The platform believes in empowering individuals to make well-informed decisions within the complex landscape of cryptocurrencies.
NOBS ratings and assessments process:
The NOBS project assessment process involves two main components: ratings and assessments. Here’s an explanation of each step:
- Ratings:
At NOBS, the rating process ensures fairness and incentivizes high-quality contributions. Users can submit ratings by paying a bid in $NoBS tokens. The majority of bid tokens are redistributed to exceptional contributors, rewarding their valuable input. Some tokens are retained to maintain scarcity and token value.
Ratings are weighted based on the contributor’s score, rating quality, and the bid amount. This gives more influence to experienced and reputable contributors. Manipulating ratings is discouraged due to the cost and the redistribution of tokens, which maintains integrity.
NOBS’ rating process promotes fairness, and high-quality contributions, and deters manipulation. It provides valuable insights for users in the crypto space.
- Assessments:
The assessment process at NOBS (No BS Crypto) involves thorough evaluations conducted by KYC-verified contributors. These assessments go beyond regular ratings and provide in-depth analysis.
Crypto wallets and other projects looking for reviews or tokens applying for listing can request and commission assessments through the platform. This enables them to receive comprehensive evaluations of their projects.
NOBS aims to establish partnerships with exchanges to conduct assessments for tokens listed and initial exchange offerings (IEOs). This collaboration ensures that the assessments are performed by trusted entities within the crypto industry.
Through its assessment process, NOBS offers a robust and reliable framework for in-depth evaluations, benefiting both crypto projects and users seeking trustworthy insights.
- Full Transparency:
Transparency is at the core of NOBS (No BS Crypto). All ratings and assessments conducted on the platform are publicly available, promoting openness and accountability. Each rating is accompanied by comprehensive statistics and metrics, providing users with a clear understanding of the evaluation process. Users can delve deeper into contributor comments, contributor statistics, and other relevant information, enabling them to make well-informed decisions. This commitment to transparency fosters trust and empowers users to navigate the crypto space with confidence.
NOBS FAQ
How are NOBS used in the ratings and assessment processes?
NOBS tokens serve as a nominal buy-in fee for paid assessment tasks and as a bid submitted with each rating. They prevent manipulation and create a token pool to reward contributors.
What happens to NOBS tokens after they are used for a bid or buy-in?
The majority of NOBS tokens are placed into a token pool for rewarding contributors. A small percentage is held by the company for future use, such as airdrops or prizes, and the rest are burned.
What is the minimum bid requirement in NOBS tokens to submit a rating?
Initially, the minimum bid is set at 100 tokens. However, this amount may be adjusted over time based on token price fluctuations or technical considerations. Rest assured, the minimum bid will always be a small, nominal amount.
How many NOBS tokens are needed for an assessment task buy-in?
There is no fixed buy-in fee for assessment tasks. The fee depends on factors such as the assessment charge, the number of contributors required, and the complexity of the task. However, the buy-in fee is always significantly less than what contributors are paid.
