Crypto Crash 2022: Top 5 Losers in January

4. Revain (REV)

Decline in Price in January 2022: 45.3%

Revain is a platform that provides reviews for Ethereum-based tokens, adding value for developers when they receive constructive and critical reviews for their projects. Revain was the first platform of its type, which offered the features of a review site and blockchain technology. The primary token for the Revain platform, namely REV, helps facilitate interactions between users on the platform. In January 2022, REV was one of the top crypto losers, with the price falling by 45.3%. 

Revain was created by a Russian group of technologists in 2018, and the chief executive officer is Rinat Arslanov, a venture capitalist and entrepreneur with over a decade of blockchain industry experience.

Revain provides companies with specific criteria for evaluating the quality of user-generated reviews. For example, companies can ask reviewers to attach proof for credibility, and inability to provide sufficient evidence for their claims can have the reviews rejected by Revain’s protocol.