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Relation is developing a groundbreaking decentralized social graph protocol for encoding relationships in Web3. This protocol enables chain-native social experiences, allowing communities to coordinate more effectively in inclusive, community-owned economies. With customizable privacy settings and enhanced user sovereignty, Relation aims to foster seamless data integration and foster network effects.
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What is the concept of "Food social commerce"?
We have enhanced the social media platform called "RELEASE, a news site created by everyone", which is already providing its services. We have combined social media (SNS) and electronic commerce (Food Online Market) to create a unique concept of "Food social commerce". The main objective of this concept is to revolutionize global agricultural and fishery logistics.
RELEASE allows users to register and publish on social media, and they can earn points (advertising revenue) based on the number of views by site visitors. These points can be used for shopping through the original crypto assets (REL) issued by the Release Project. At Food Online Market, users can purchase various items such as vegetables, fruits, and seafood. They can also exchange these items for crypto assets like Bitcoin and Ethereum, as well as redeem them for points from other companies.
In addition, RELEASE offers a simple process for sellers on the e-commerce platform (Food Online Market). Sellers can register, list, and collect payments for their products by simply taking photos of freshly picked ingredients and using a dedicated smartphone application. All the tedious tasks, such as product price collection, are fully automated. The sellers only need to pay an 8% sales commission when their products are sold.
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- Can you provide a list of the subsidiaries of Relx that have ventured into the cryptocurrency industry? I am interested in knowing which companies under the Relx umbrella are actively involved in the digital currency space.2021-11-24
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