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Kanat K.

Kazakhstan

Contributor Level

Total Points
262

About Me

Wordsmith by day, crypto enthusiast by night. Crafting copy for fintech companies with a passion for all things blockchain and Bitcoin. HODLing since (almost) the beginning

Interests

Web3 trends

2 Reviews by Kanat

  • Revain.org

8/1/23

It's quite weird to write a review about the review platform, haha... but I'd like to share my experience anyway :) Revain is the first-ever platform for writing reviews and recommendations built on blockchain. Probably its most appealing killer feature is rewarding users with financial incentives in REV tokens for leaving their honest and unbiased opinions about products and services across various categories. The platform implies moderation for each shared review, which adds a certain level of trust to the concept... It all sounded great to me, so I decided to try it out.

The registration process was fairly simple and fast, I also enabled 2fa using both my email and Google Authentificator. I left a couple of reviews without any issues and then logged out. A few days later I faced a very strange situation when trying to login again - the desktop version of the website issued 404 not found. I repeated the process using my phone and everything worked fine. Still encounter the same problem on my computer, that's why I hold 1 star. Anyway, the idea is great, but the dev team should put more efforts into their website maintenance.

Tip for consumers:
moderation takes from 1 to several hours, you become eligible for REV rewards after you write at least 3 reviews, for security reasons I highly recommend to set up 2fa

  • Xive.io

7/25/23

Wasn't sure if I wanted to try btc mining once again after my previous experience as a sole miner turned out to be unprofitable because of increased electricity costs in South Kazakhstan… poor luck of a chap who made his entrance into space at the wrong moment

I felt a bit skeptical about Xive at the start, when I saw one of the company's tweets in my news feed on Twitter, but I was curious at the same time. I read about their group mining offering, industrial approach, all those shared costs and risks, and this seemed to me interesting, but not enough to encourage me to buy a share. And then I stumbled upon their marketing initiative that implied giving away free shares of their "kyoto" farm… and decided to give it a shot. This time luck turned in my favor! (that's why I actually decided to leave a comment here haha)

I was among the winners and received a $30 share to get started with the platform. Ofc, it's too early to draw any conclusions regarding profitability, but everything seems normal as of today… the funds are credited daily and the total income is gradually increasing.

Tip for consumers:
the company's business model implies a joint farm for all participants so if you decide to buy a share, you won't be able to quit and take your investment back. after the farm becomes unprofitable, the equipment is sold and the funds are distributed to miners proportionally to their share

Kanat Has Earned 2 Votes

Kanat K.'s review of xive.io earned 2 Very Helpful votes

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Similar Reviewers on Sitejabber

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Harry K. reviewed Xive.io
8/19/23

I feel like a little bit of a trailblazer bc I haven't heard of group mining before discovering...

Thumbnail of user vyacheslavi2
7/19/23

1) Once you buy a share in group mining, you won't be able to resell it or give it back – so you...