Our mission is to encourage the adoption of cryptocurrency on a global scale by creating an intuitive, easy to use application that is suitable for wide scale usage. We expect mass adoption within the next 3 years. Anyone who needs to make a consultation via the Experty app will also have a cryptocurrency wallet in their pocket.
Our current focus is on solving the talent crisis in the blockchain community by allowing experts to monetize their skills through a skype-like voice and video application. Payments are handled through an automated smart contract system using Experty’s native token EXY. This will let companies obtain the talent they need, allowing the blockchain community to continue to expand and flourish.
WHY USE EXPERTY?
The system is suitable many knowledge providers including but not limited to lawyers, medical consultants, therapists, and academic professors. Celebrities, bloggers, influencers, and popular YouTubers can also share their profiles to monetize contact with their audience.
Attention. There is a risk that unverified members are not actually members of the team
$32 693 140
$51 000 000
$127 946 232
$24 290 679
$20 342 332
$10 531 082
$235 159 546
EXPERTY is a block chain based calling platform which allows two or more parties to connect via video or audio call. It enables the knowledge provider can set their rate per minute by the knowledge seekers whenever they call.
The use of Ethereum block chain has led to massive improvement of different sectors. The application of this project promotes easy reach of the most frequently contacted professionals in different sectors leading to improved service delivery and economic growth. I would therefore invest in this project.
Opportunities:By removing the middleman, Experty is able to provide expert network services at a lower rate than current incumbents. Certain experts currently charge a rate of thousands of dollars per hour and hopefully this would be reduced if they choose Experty.The team has already lined up a fair number of cryptocurrency experts ready to provide consulting services when the platform launches.By putting a link in the expert’s social media instead of having a centralized place with all the experts' information, we believe it would make it a lot easier for users to consult with the experts.
Concerns:Key team members are all software developers who don’t seem to have experience in consulting or working with expert networks. It may be difficult for the team to expand outside the crypto space and into other areas such as legal, financial services, health, etc.There is a limit as to the number of calls an expert can take per day, so we believe Experty will need a very large number of experts in order to justify a potential valuation in the range of tens of millions of dollars.
Conclusion:Overall, we like the short-term potential but are neutral about the long-term potential for this ICO. If you decide to contribute into the ICO, participate in the Proof-of-Caring program to potentially qualify for a higher bonus.Our thoughts of the tokens for short term and long term are as follows:For short-term holdingGood. The project has a high market awareness, therefore the $9 million hard cap with the potential for higher bonuses is compelling.For long-term holdingNeutral. Given the team’s background in software development, we are unsure whether they can branch out from the initial focus of the cryptocurrency space. If the team cannot provide a better user experience than current incumbents in the centralized space, the adoption for the project may be slow.
Monetization of knowledge seems a fairly simple and natural idea, with a broad variety of application fields. It’s good to see the project is undertaken by a fairly big team, with significant experience in development. We are particularly fond of the choice to allow Experty profile links to be placed in regular social networks, as this may benefit the project’s promotion by utilizing existing communities. This choice and a few others, however, also raise a problem – the Experty team clearly wants to involve regular users who are not part of the crypto-community. But doing this while maintaining obligatory payments in EXY may make it more complicated for users unfamiliar with or unwilling to utilize crypto. There is also the matter of balancing between convenient monetization and the risk of tokens transforming into securities. The team is mindful of the latter in particular.Currently Experty remains significantly flexible, allowing it to change in order to account for existing risks. The team is also listening closely to feedback from the community. This may not be ideal for a fundraiser, since this means investors will spend a while without having an exact image of the final product they would be getting, but that does not make it a poor strategy for a company developing a new application.
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