Think of BTCPD as the BBB of Bitcoin....
Sounds like businesses pay for membership, is that correct?
Do you also rate companies that are not members (like the BBB) based on consumer feedback?
Negative, one of the major things that is going to be implemented with the final site revision is called whitelists. It will be a widget that each company signs up for, they can sign up and start at bronze(which requires a basic investigation to prove said company is not fraudulent) and work their way up, they can however pay for higher levels, each level has a harder investigation, a large majority of the money received from the investigations goes towards paying for the investigation.
We will have a forum setup that is attached to the widget they will receive,(you can see en example of the widget on our site) on that forum members(that's you the community) may review the site and deduct or add points that will be reflected on the widget. should the company gain enough or lose enough points the symbol will be upgraded or downgraded on the widget attached to their site.
all the reviews will be done by the members, companies will have the opportunity to respond and correct the situation with no charge(the one time investigation fee is the only thing anybody pays us). The only review posted by us will be the investigation they paid for(posted publicly).
The investigation will remain non-biased as agreed in the nonnegotiable contract between us and the company. paying for a platinum level investigation does not guarantee a platinum level widget.
If there is anything I failed to provide please let me know and ill be happy to.