REVOX, a blockchain-based platform, is integrating artificial intelligence (AI) to improve access to digital content. The current limitations of Web2 have hindered the public’s ability to access diverse information and news. Major media companies monopolize the dissemination of content, restricting the flow of information and contributing to a lack of trust in the internet. Governments in developing nations also censor the internet to manipulate the masses or avoid public backlash. As a result, people are turning to the internet primarily for entertainment purposes rather than for educational or political information.
Underdeveloped regions face even greater challenges in accessing information. While the development of mobile internet and social networks has led to an information explosion in these areas, the majority of the content available is entertainment-focused. Educational resources remain underutilized, and there is a lack of equal access to information on political issues, globalization, and climate change.
Blockchain technology, which was initially used to democratize finance, has the potential to provide extended access to information and bypass censorship. REVOX.AI, a permissionless ecosystem, is leveraging AI and other cutting-edge technologies to achieve this goal. The platform integrates AI into its Content Hub, which indexes and categorizes information from around the world while assessing the quality of each category. REVOX is also developing ReadON DAO, an AI-powered decentralized content aggregation and distribution platform that delivers unfiltered content to global audiences, promoting the idea of content democracy.
Language barriers pose a significant challenge to information dissemination, particularly for regions with less commonly spoken languages. To address this, ReadON DAO utilizes AI to provide cross-language content translation, currently supporting multiple languages including English, Japanese, Korean, Russian, Indonesian, Chinese, Hindi, Turkish, and Vietnamese. By removing language barriers, REVOX aims to bridge information gaps and raise awareness on critical issues.
REVOX encourages users to participate in content circulation through cryptocurrency economics. Users who discover and share quality content are rewarded with cryptocurrency. ShareON, a Telegram mini program, provides a daily content feed and rewards users based on their interactions. By staking tokens using a proof-of-stake mechanism, users can predict the quality of content and influence its dissemination. This approach empowers users to make democratic decisions about content distribution, eliminating censorship and protecting user privacy.
ReadON DAO has already gained significant traction, with over 2 million users and a million downloads on Google Play. It has become the most popular free news app in countries such as Indonesia, Pakistan, and Nigeria. REVOX has also formed a social media network on Telegram to stay connected with ecosystem participants.
Instead of relying solely on token issuance for revenue, REVOX has developed a stable and mature business model. The platform has established partnerships with exchanges in regions like Nigeria and Indonesia and is exploring new approaches, such as issuing NFTs, to engage Web3 users. REVOX aims to provide value in customer acquisition channels and technical services, with partnerships already in place with companies like LINE and Japan Airlines.
In a world dominated by entertainment-focused information overload, revolutionary technologies like blockchain and AI are taking on greater social responsibilities. REVOX is working to break down barriers and spread quality content and information to everyone through AI and decentralized methods.