With all the endless possibilities of the blockchain tech, it is no wonder we are seeing a turnover of new ICO's almost daily.
Bob's repair brings to the skill trade industry all the goodies of blockchain. Decentralization, fair pricing, eliminating pricey third-party platforms or middle men, and so on.
The Bob application, will bridge the gap between consumers and contractors and it will be built on the STEEM blockchain which is great because it only takes three seconds to be done with a transaction and there are also no transcaction charges.
Bob's repair is here to deal with three major problems that riddle the skilled trade industry.
- Review fraud
- Advertising fees
- Pricing transparency
Here's how Bob's repair looks to tackle these issues.
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1. BOB'S REPAIR VERSUS REVIEW FRAUD
On traditional websites and apps, any contractor can ask his employees, friends, and family to leave great reviews about services they haven't rendered. The Bob application however, will link every review with its financial transaction. Now, that's smart!
2. BOB'S REPAIR VERSUS ADVERTISING FEES
You know how when tax increases, businesses do not collapse? Because all that is dumped on the consumer. When there are petrol hikes, taxi fares increase. Drivers still make as much, if not more, as they used to make before the price hikes. That's the same with advertising. Ultimately, you get to bear the cost of clicking that ad leading you to a contactors site.
Of course this is eliminated as contractors on Bob's repair are subject to the pristine sophistication of the STEEM blockchain system. Namely upvoting, flagging, and user reputations. The more verified positive reviews contractors get on the platform, the more visible they are.
3. BOB'S REPAIR VERSUS PRICING TRANSPARENCY
I think I'll let Bob do the talking on this one.
The Bob Application will have transparent pricing. Each review will provide the cost of the service, broken into the material and labor costs. Consumers will be able to easily search reviews to determine the actual material and labor costs for a certain service. This transparency will drive down prices and fight inflated costs.
HOW BOB'S REPAIR WORKS
Customer creates jobs, finds the contractor and pays deposit.
Next, the customer pays contractor or asks for refund.
After the contract is taken up by a contractor, there are three ways for it to go.
a. The contractor does job with no problems. b.The contractor does said job, but consumer says nuh-uh, said contractor ain't done!
c.Lastly, they both (basically) agree that the job's not done.Review writing.
Contactor sucks!
No, consumer sucks!
Or something along those lines. Both the consumer and the contactor can write reviews about each other.
This is a much simplified version. You need to head to their whitepaper for more details.
With Bob’s Repair you will not have to pay membership fees, sign-up costs, or transaction fees but the consumer will have to pay for escrow service fees, also known as, money holding services.
ICO
Bob tokens are ethereum token standard.
WANT TO INVEST?
We'll let Bob sell this one too.
To participate in the BOB Crowdsale, purchasers must register on the Bob’s Repair website (www.bobsrepair.com) and (1) complete a Know your customer (KYC) form, (2) complete an Anti-Money Laundering (AML) form, and (3) provide the ETH address the purchasers want the BOB Tokens sent to. After completing these steps, Bob’s Repair will provide the purchaser with addresses where they can send cryptocurrencies (BTC, ETH, LTC, DASH) or fiat money.
One great advantage Bob's repair has is that it already has a predecessor company in the industry called the STWP and Bob’s Repair plans to utilize the 50,000 person customer base from the STWP.
Hurry while stocks last.
PS: This is crypto. Do more research and do not invest what you are not ready to lose.