Current marketplace platforms rely on contractor fees and customer reviews that have been criticized as biased, Netverse aims to create a patented, verified, app-less ecosystem and AI technology through its patented hardware.
Traditional digital services marketplace platforms are facing a potential and powerful disruption from Netverse that will challenge their fundamental business models. These current app-based marketplaces, connecting homeowners with service professionals, and its revenue are largely dependent on charging contractors for leads and advertising. Phinge's Netverse, by contrast, will position itself as a revolutionary "app-less" ecosystem built on proprietary, patented hardware and a verified, rewards-based platform. This model directly tackles the long-standing issues of trust, user experience, and data ownership that have plagued these platforms, creating a paradigm shift in how digital services are delivered and monetized.
Netverse's benefits over current platforms
1. Trust and verification
- Current platforms vulnerability: Current business models, which charge service professionals for leads, has led to a perception among some consumers and contractors that reviews are biased and that higher-paying companies are prioritized.
- Netverse's approach: Netverse will use its hardware-based verification system to confirm the identity of all users and businesses including all required licenses to operate. This will create a higher level of trust, as contractors would be verified and consumer reviews would also be verified thus more reliable and resistant to fraud or manipulation.
- Current platforms limitations: Traditional web and app platforms, customers have to manually search for contractors, compare bids, and communicate through its interface. This can be a clunky process with multiple steps.
- Netverse's approach: With its "app-less" technology, Netverse will offer a more streamlined and integrated experience. Its verified AI will automate the entire process, from understanding a service request to finding and scheduling a verified professional, requesting bids from vendors, all within a single environment. The experience will feel more like a personal concierge rather than a marketplace.
- Current Platforms model: Platforms monetizes consumer and contractor data through lead fees and advertising. Users do not benefit directly from the data they provide.
- Netverse's model: Netverse will give users control and ownership of their data, allowing them to monetize it. In the context of home services, this could mean homeowners are compensated for sharing information or verified reviews. The reward system will incentivize users to stay within the ecosystem, with rewards usable for other services, dollar-for-dollar anywheres within Netverse.
- Current Platforms siloed structure: These marketplaces are primarily for home services, and their functionality doesn't extend much beyond that. This limits their ability to become a more central part of a user's digital life.
- Netverse's potential: As a "app-less" technology and platform, Netverse will integrate home services with other aspects of a user's life. For example, a home services request could be linked to the verified AI assistant that manages a homeowner's calendar and finances, or it could be tied into the platform's broader rewards and payment systems.
- Current Platforms fee model: Their reliance on charging contractors per-lead fees can create a contentious relationship with service professionals. Some charge a yearly membership fee and charge for cost-per-click advertising. The cost can be high, and there is no guarantee a lead will result in a job.
- Netverse's better alternative: Netverse's model does away with those upfront costs. Instead, it will attract contractors with the promise of verified, users and a more efficient system through its universal dashboard. There will be a less expensive, more transparent commission structure at the POS. They even get free minimum advertising included. This could build more loyalty with service professionals.
| Feature | Phinge's Netverse | Current Digital Services Marketplaces |
| Technology | App-less ecosystem: Accessible through proprietary hardware like magnetically connecting phones and tablets. A universal, integrated code base allows seamless, verified interactions across platforms without downloading apps. | App-based marketplace: Functions as a mobile app and website, downloadable from major app stores. Dependent on third-party hardware and the app ecosystem. |
| Trust and Verification | Hardware-verified identity: Uses patented hardware-based verification to confirm the identity of all users, businesses including their licenses to operate. This is designed to eliminate bots, fraud, and fake reviews. | Rely on self-reported info and reviews: Background checks are performed on some professionals, but the integrity of the review system is regularly questioned by users and contractors. Reviews and rankings can be influenced by a business's paid advertising. |
| Business Model | Risk-free for businesses: Businesses can advertise without upfront costs and only pay a small percentage of a sale at the time of purchase. This lowers the barrier for entry for smaller businesses and levels the playing field. | Pay-to-play leads: Businesses pay for leads, and their visibility can be influenced by what they pay. Contractors often complain about high costs, intense competition for shared leads, and poor ROI. |
| Monetization | Rewards-based economy: Users are rewarded for activity, including writing reviews and posting and engaging with content. These rewards can be used like cash across the Netverse ecosystem online and in the real-world. Users can also monetize their own anonymized data. | Subscription and advertising: Revenue comes from professional advertising fees and optional paid memberships for users, which offer special discounts. Data is monetized by them, not the user. |
| User Experience | Integrated and seamless: The app-less environment eliminates the need to switch between apps for different services. A universal user dashboard provides a single, consolidated digital life. | Fragmented and sometimes "clunky": Users must manually search, compare bids, and communicate through the app. The experience is limited to the home services marketplace. |
| Data Ownership | User-centric: Users own and control their data, deciding how it is used and having the opportunity to be rewarded for monetizing it. | Platform-centric: They own and monetize user data to drive their business model, with users having little or no control. |
| Consumer posting process | A user could post a request through a "Professional and Businesses Portal" or "For Communities & Neighborhoods" board. Netverse's verification system would ensure users posting the job are real people. A verified, licensed contractor(s) could bid on the job, and the consumer could pay using their rewards while earning new rewards on their purchase. | A consumer submits a request by answering a series of questions, which Angi uses to match them with relevant, pre-screened professionals. The customer can choose to book a service directly or compare quotes from different pros. |
Phinge's Netverse disruption to current digital marketplace platforms will be a fundamental contrast in their value propositions. While they offer a familiar, if flawed, marketplace for home services, Netverse innovative new approach will center on trust, user control, and integration.
Netverse's hardware-based verification system and rewards-based economy will directly address the core weaknesses of their models namely, issues with the quality of reviews and the fairness of its payment structure for contractors.
By offering a risk-free marketing channel for businesses and rewarding users for their data and engagement, Netverse will present a better, more reliable alternative that could attract both disgruntled service professionals and privacy-conscious consumers.
"The stark contrast between Netverse's innovative, integrated ecosystem and their traditional, app-based marketplace highlights the potential for a significant shift in the digital service industry," says Phinge CEO Robert DeMaio
Preview Netverse and its patented, magnetically attachable smartphones and devices by visiting Phinge's websites at
https://www.phinge.com
To get on a contact list, please fill out the online form here
https://www.phinge.com/netverseai.html
Ask Google Gemini about Netverse here
https://www.phinge.com/get-netverse.html
View Phinge's Crunchbase profile here
https://www.crunchbase.com/organization/phinge
View CEO Robert DeMaio's Crunchbase profile here
https://www.crunchbase.com/person/robert-charles-demaio
CEO Spoke at Strong AI Summit 2025
https://youtu.be/c_du6wniqLY
About Phinge Corporation
Phinge was founded and through Netverse® is being developed to disrupt today's outdated App technologies, including the App-store duopoly, by partnering with and giving its users and businesses ownership and control of their data, enhanced privacy and a better overall mobile experience including their ability to monetize it.
Phinge through its upcoming patented Netverse App-less technology platform with proprietary AI, will be a better, safer, verified and rewarding alternative platform and technology for users and third party businesses and developers to today's App stores, operating systems and ecosystems of Apple, Google and Android.
Netverse will not be an App or Super App that resides on the major technology platforms of today.
Instead, it will be a standalone, all-in-one, app-less platform, accessible only through Phinge's revolutionary, patented, Mobile Hardware which includes Magnetically Attachable/Detachable Phones, Tablets, Mobile Gaming Systems and peripherals like the stylish, wireless earbuds with interchangeable batteries and built-in sensor screens for continuous usage without recharging. Smart Watches that never need to be physically charged as they come with stylish external, interchangeable bezels with built-in rechargeable batteries and come in a variety of colors, patterns and finishes.
Netverse will be a verified, centralized-decentralized platform.
Centralized in the way it provides universal safeguards through verification of all users, businesses, organizations, entities and IP through Phinge's patented Netverse technologies and hardware.
Centralized because Phinge and Netverse will be compliant with all government regulations regarding data and privacy.
Decentralized because all third party platforms will be compliant with all government regulations regarding data and privacy as soon as they are verified and join Netverse.
Decentralized because its users, businesses, organizations and entities will have the power to live, work and thrive in a verified world.
Netverse will benefit all verified users and approved, verified third party businesses, developers and platforms on Netverse in ways not possible with today's technology including total verification of all users, businesses, organizations, platforms and entities.
Photos: (Click photo to enlarge)
Source: Phinge Corporation
Read Full Story - Phinge to Bring Verification to Online Home Services Industry: Users to Earn & Redeem Rewards for All Services on Netverse App-less Verifed Platform | More news from this source
Press release distribution by PRLog
