Smoothie Litepaper (v.2.0)
Web3 Is Lacking Safety & Trust
Web3 is supposed to be about decentralization, community, and trust.
Yet, the reality is that discovering quality products in the space can be difficult,
and trusting them can be even harder. The current system is broken.
Smoothie is a platform that helps users easily discover and trust the best web3 products in the space.
Reviews & Ratings
To leave a review and rating for a web3 product on Smoothie, go to the product page and scroll down to the reviews section. From there, you can rate the product on a scale of 1 to 5 stars and leave a written review of your experience with the product. This feedback is helpful for both the product creators and other users. Other users can reply or like your review to indicate whether it was helpful to them or not.
Smoothie weights reviews and ratings based on several factors, including the reputation of the user leaving the review and whether the review is on-chain verified. This helps to ensure that the reviews and ratings are trustworthy and provide accurate feedback on the product. By considering multiple factors, Smoothie can provide a more comprehensive and accurate picture of the quality of a product.
On-chain verified reviews prove that a specific wallet address has interacted with a product's smart contract on the blockchain. This type of review is considered more trustworthy because it shows that the reviewer has actually used the product. It helps to provide a more accurate picture of the product's quality and value.
Smoothie Awards
Smoothie also hosts a weekly contest where founders can showcase their web3 products.
These are called the Smoothie Awards.
10-20 products are selected to participate. Users can upvote up to 3 of their favorite products.
The winning product is determined based on a combination of factors including total upvotes and engagement.
Smoothie Points
Users are rewarded for discovering and reviewing for the community.
Each active participant is rewarded with Smoothie’s proof-of-discovery reputation metric: Points. Some things to know about Smoothie Points.
- As you earn more points, your reviews & ratings gain more weight.
- There’s no max supply of points.
- You cannot buy/sell points.
Currently, there is 1 way to earn points. Upvote for products participating on Smoothie Awards. Each upvote earns you 10 points.
Nominate a Product
Don’t see a web3 product on Smoothie? You can now nominate them.
When you nominate a product, your name will be listed on the product’s page on Smoothie. This is a great way to get known and build your influence within the community.
Products nominated by notable users will get priority in the application process.
Simply copy your unique nomination link and send it to the teams to complete their applications.
Submit a Product
Benefits for Featured Products
- Increase your product’s user base.
- Get early feedback from the community.
- Build credibility by winning Smoothie Awards.
How do you apply?
Launch Tips
Smoothie Newsletter
Smoothie has a newsletter where we deconstruct crypto trends with visual storytelling. We will be sharing the winners of Smoothie Awards here so that products get extra visibility!
Future of Smoothie
Our mission is to supercharge web3 startups. And more importantly, we will do it together with each and every one of you. The community ❤️
Get excited. There is so much happening.
FAQ
What is the process for approving products on Smoothie?
Currently, Smoothie’s internal team approves products. We consider several factors including quality, legitimacy, and safety. However, we may not always filter out the bad products. That’s where Smoothie’s community can support via upvoting and commenting!
What do I earn when I upvote?
You get 10 points per upvote. There are no financial incentives for participating on Smoothie. However, we’re planning on releasing an earning mechanic in the future.
Who can review a product?
Anyone who has used a product can review it. Without using the product yourself, it’s an opinion that might not be valuable to other users. If you’re a manager who hasn’t used the product yourself, make sure to include your team members in the review process.
What is a helpful review?
Reviews are a great strategy for businesses to acquire and convert more customers/users. Helpful reviews are the ones that help users make a decision about whether to purchase/use a product or not. Helpful reviews often provide more information about their buying journey and experience with the product.
What can I do with points?
As you earn more points, you gain more upvoting weight. Points will continue to become more important on Smoothie.
Litepaper subject to change with future version updates.