REVOX, an innovative blockchain project, is integrating artificial intelligence (AI) to revolutionize access to digital content. The current challenges of Web2 have limited the public’s ability to access diverse information and news. Major media companies monopolize the dissemination of information, restricting the flow of news and content. Governments in developing nations also censor the internet to control public opinion. These restrictions, coupled with the rise of deepfake technology and fake news, have eroded trust in the internet. As a result, people are increasingly turning to the internet for entertainment rather than for accessing important information.
This phenomenon is even more pronounced in underdeveloped regions, where the mobile internet and social networks have created an information explosion. However, only entertainment content has been able to thrive on these platforms, while educational resources remain underutilized. Access to information is not equal, and important global issues are overlooked. Blockchain technology, which was initially used to democratize finance, now has the potential to provide unrestricted access to information and circumvent censorship. REVOX.AI, formerly known as ReadON, is leveraging blockchain and AI to achieve this objective.
REVOX.AI is a permissionless ecosystem that focuses on decentralized application innovation and online content indexing. The project has upgraded to a modular on-chain AI network to ensure equal access to information. Its flagship product, ReadON DAO, is an AI-powered decentralized content aggregation and distribution platform that delivers indexed content without filtering, censorship, or bias. The platform, along with its Content Hub, promotes the idea of content democracy.
Language barriers also hinder information dissemination. AI plays a crucial role in ReadON DAO by providing cross-language content translation. Currently supporting nine languages, the platform effectively removes language barriers, bridging information gaps and promoting global awareness on critical issues.
REVOX incentivizes users to participate in content circulation through cryptocurrency economics. Users who discover and disseminate quality content are rewarded with cryptocurrency. ShareON, a Telegram mini program, provides a daily content feed and rewards users based on interaction. Users can stake tokens through a proof-of-stake mechanism to predict the quality of content. By utilizing crypto economics, users can autonomously control the content distribution process and make democratic decisions, eliminating censorship and protecting user privacy.
As a result, users have the power to decide which content is prioritized on the platform, bypassing censorship and privacy violations. ReadON DAO has already gained a user base of over 2 million and has become the most popular free news app in countries like Indonesia, Pakistan, and Nigeria.
REVOX has developed a stable and mature business model, partnering with exchanges in regions such as Nigeria and Indonesia. Traditional industry giants are also interested in engaging Web3 users and experimenting with new approaches, such as issuing NFTs. REVOX aims to offer value in customer acquisition channels and technical services, with established partnerships with companies like LINE and Japan Airlines.
In a world overwhelmed by entertainment-focused information, projects like REVOX are taking on the responsibility of spreading high-quality content and information to everyone through the use of blockchain and AI. By breaking down barriers and promoting decentralized methods, REVOX is championing the freedom of information and empowering individuals to access and disseminate valuable content.