WOM Protocol is a blockchain-based project that focuses on creating a decentralized platform for user-generated content (UGC) recommendations and rewards.
User-Generated Content (UGC)
WOM Protocol aims to revolutionize the way UGC recommendations work. It allows users to recommend products, services, or content they genuinely like and believe in, turning these recommendations into valuable marketing assets.
It is designed to empower users to monetize their recommendations and promote authentic and trustworthy content.
The platform emphasizes authenticity and trustworthiness by ensuring that recommendations are based on genuine user experiences. This can help reduce fake reviews and promote more reliable recommendations.
Decentralized platform
WOM Protocol operates on a blockchain network to ensure transparency, immutability, and security of the recommendation data and transactions.
WOM Protocol introduced the WOM token (WOM) to facilitate transactions and incentives within its ecosystem. Users who make trustworthy recommendations can earn WOM tokens as rewards. This incentivizes users to provide high-quality recommendations.
WOM tokens are used for transactions within the ecosystem, including rewarding users for their recommendations and facilitating payments between brands and publishers.
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Source: https://coinidol.com/wom-protocol-wom-token/