ICO review of TheWorldNews (None): valuation, analysis, token cost | Digital Rating Agency
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This project doesn't have a level of investment attractiveness
No
Rating
Medium
Quality Rate
5.3 / 7.0
project concept
6.0
tokens
5.3
business model
5.0
project support
4.7
the tech
5.5
communication
6.0
team
5.7
jurisprudence
4.0
Pre ICO
finished
Start: 17/01/2018
End: 31/01/2018
ICO
finished
Start: 01/03/2018
End: 17/03/2018

TheWorldNews

About

First Anti-Fake News Platform.

Rate history

The team of the first professional rating agency for the evaluation of digital assets DigRate has assigned a Quality Rate Medium with average score of 5.1/7.0 to TheWorldNews project. TheWorldNews project positions itself as the first anti-fake news platform, where a bot gathers news from around the world. The bot stores the collected content in a distributed database, that ensures transparency of information about any changes in the news content, as well as compact storage and quick access to the data for later analysis. Further, with the help of a self-learning neural network, the content in the database is analyzed, poor-quality content is detected, and the corresponding rating is automatically assigned to the publication. The business model of the TheWorldNews assumes the monetization of the news platform by selling advertising displays on theworldnews.net. An in-depth analysis of user metrics will be available for advertisers, with broad targeting capabilities for the target audience of interest. Whitepaper also identifies the following revenue sources for the platform: – including the media in the list of feeds; – information marketplace services for the media (photo bank, video content, and access to unique news from around the world); – placement of commercial articles, both on the project website and on partner resources; – purchase a translation of a news item into the required language in only two clicks. Accounting inside the TheWorldNews platform will be made by TWN tokens, and all unsold tokens will be destroyed. In addition to fundraising, the team notes the importance of issuing its own TWN token as a guarantee of project independence from governments of different countries and financial-industrial groups. The team has already-working alpha version of the news platform with the implemented news aggregator: the news feed is processed from 200 countries and more than 2500 media. For the time being, the alpha version of the platform processes more than 60 thousand news in many languages daily. The beta version was launched on March 1, 2018. The media base to monitor the platform was expanded, and the possibility of verifying news (removal, editing) was added. The main competitive advantage of TheWorldNews platform is the algorithmization of the determining the reliability of news process with the help of neural networks, that will handle a huge news feed and eliminate errors of the human factor. A big difference from traditional news aggregators will be the creation of an ecosystem for the interaction of editors, publishers, photographers, journalists, administrators of news resources, and advertisers. The urgency of the problem of spreading fake news, as well as multilinguality of the platform, are likely to attract plenty of international Internet traffic. These factors will contribute to the growth of demand for platform services, and, accordingly, to its TWN token. More information about the strengths and weaknesses of the project can be found in our review.
Token
TheWorldNews

Downloads and links

Website
Review
Whitepaper
Rating scores express an opinion of Digital Rating Agency and do not have any fact-finding mission or recommendations to buy, own, sell any of the assets or take any investment decisions. Digital Rating Agency does not undertake any responsibility for any consequences, interpretations, judgements, recommendations and other actions directly or indirectly related to the rating score, the rating assessments from Digital Rating Agency, any summary and conclusions contained in the rating report and rating releases, or the absence of abovementioned. The only source, depicting the real state of the rating score, is the official site www.digrate.com
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Лицензия Creative Commons
Rating scores express an opinion of Digital Rating Agency and do not have any fact-finding mission or recommendations to buy, own, sell any assets and take any investment decisions. Digital Rating Agency does not undertake any responsibility for any consequences, interpretations, judgements, recommendations and other actions directly or indirectly related to the rating score, the rating operations conducted by Digital Rating Agency, any summary and conclusions contained in the rating report and rating releases, or the absence of abovementioned. The only source, depicting the real state of the rating score, is official site www.digrate.com