weRate
  • Welcome to weRate
    • weRate Mission
    • Introducing weRate
  • The Broken Review Economy
    • Rapidly growing industry
    • Fake reviews
    • Review bias
    • No engagement. No Value
    • Terrible search experience
    • Undervalued & massive opportunity
  • Authentic reviews
    • The opportunity
    • Proof-of-Authenticity system
    • Storing Proof-of-Review onchain
    • Benefits for users
    • Benefits for businesses
  • Using the application
    • Getting started
    • Checking in
    • Giving a review
    • The map
    • Unrivaled search
    • Crypto events
  • Bohemians
    • Rarity Tiers
    • Attribute Point Allocation
    • Bohemian Attributes
    • Levelling Up
    • Bohemian Properties
    • Bohemian Specialities
    • Owning Several Bohemians
  • GameFi and SocialFi
    • Earnings & Rewards
    • Leaderboards
    • Bonus Points Multipliers
    • Ratings
    • Energy
    • Wisdom
    • Marketplace
    • Upvoting and ⚠️ Reporting
    • A community owned review platform
  • Tokenomics
    • $RATE
    • Reward Pool
    • Token distribution
    • Token release schedule
    • Ecosystem value flow
  • Revenue model
    • User-Generated Revenue
    • Business-Generated Revenue
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  1. The Broken Review Economy

Undervalued & massive opportunity

Despite its flaws, the review economy is booming:

  • 97% of users consult reviews before visiting local businesses (BrightLocal, 2024)

  • The market is projected to reach $34.5 billion by 2030

  • Yelp and TripAdvisor generate $1B+ in annual revenue — yet share nothing with the people powering the platforms

We’re in a digital gold rush — but only the platforms strike gold. Users generate the value. Platforms capture the upside.

WeRate is here to change that.

We’re creating a new review paradigm — one that rewards truth, not traffic. One that redistributes value back to the community that creates it.

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Last updated 4 days ago