Eminent is the perfect example of how the modern platform can be a place for improving your social interaction and network. With its own app, the BeepBeep Nation, the platform is expected to support social interaction on the global scope. The idea is pretty simple, really, but the impact can be huge. When this is done massively on the global scale, everyone can take the benefits of each implementation. And most importantly, the users can help each other.
How the Eminent Works
Eminent is the platform where daily problems can be solved with the help of each other. It’s not always about the daily and regular issues, but you can also get help for any professional-related issues. For instance, you want to get the information about the traffic jam in a certain area in Minnesota, and then another user will respond to your question. Or a user in Canada wants to know whether he can get a ride to a downtown area and another user will lend a hand by allowing him to join his ride. The ones wanting to get the information or the help are called the requesters, while the ones providing the answer or the help are called the helpers.
So, what kind of rewards will the helpers get? Well, basically nothing. There is no obligation for the requesters to give rewards to the helpers, but if the requesters are willing to give some, then there’s no stopping them. However, this platform is running on a non-reward mechanism. Everyone is encouraged to work on their social skill, increasing their awareness of their surroundings.
The creation of the special application will make everything easier. The platform is created so that requesters and helpers can interact and communicate directly. Eminent works on the blockchain technology and the smart contract so everything is guaranteed to run well. The blockchain technology, for instance, is implemented to encourage transparency and openness. There is nothing hidden or secretive – everything is laid out openly. The smart contract is used to encourage honesty and trust. In the event there is a reward, the escrow system is implemented to make sure that helpers are honest. If there is a dispute between the requester and the helper, and it is proven that the helper is lying about the condition or the information, then the requester can request for the reward back. It’s a win-win solution for everyone.
The EMN tokens are used to reveal access to the features and services in this platform. Users will have to pay a certain fee whenever they send out a request. This will prevent any spam or mischievous intent from the users. The requesters will have to pay the EMN token whenever they want to request something. In the event that they are willing to give rewards (in the form of the EMN tokens, of course) to the helpers, they can manage it in the smart contract. Rewards will be released to the helpers’ account only if the information or help at Eminent has been validated. Helpers can keep the rewards or exchange it to other cryptocurrencies or fiat money.
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Sen Ze (Tan King Tah)-CEO & Co-founder
Thomason Chan-Go-To-Market Strategist