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‘Indorse’ is a revolutionary platform using new models of tokenization and decentralization to change the shape of professional social networking. Unlike traditional platforms, we aim to give
back ownership of the data to the member, and allow them to profit from sharing their skills and activities on the platform. Indorse uses internal rewards (Indorse Rewards) and a reputation system (Indorse Score) to incentivize members to add their skills / accomplishments and indorse those of others. With participation in the network, members are able to earn Indorse Rewards for sharing more about themselves and for indorsing the claims of others. Advertisers in turn purchase space on the platform, which creates revenue for the platform. This revenue, along with other revenue streams, is shared with the members who created the content. In a nutshell, members are finally able to share in the profits made by the platform due to their data, instead of watching passively as the revenue goes to companies holding their data. We envision a serverless, decentralized future, where the members will build their profiles and profit from their reputation. This future will need a decentralized platform where others can judge the quality of a person’s profile not just by where they have gone to school, but what they have actually done in their professional and personal lives.
- A decentralized professional network powered by ethereum technology
- A reliable channel to get skills endorsed and showcase them
- An attempt to give back ownership of data
- A platform where contributors will be rewarded for their contributions
- A platform which gives any credential a certain degree of validity
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
The social networking market has a high entry threshold (the last major entrance required more than 2 billion venture investments) The market is highly consolidated (10 Kurpny companies own 90% of the market) The market is oversaturated with social networks (an unsuccessful SnapChat case).
The product prototype is not represented Development dynamics can not be tracked using medium or git hub) There is no detailed road map of product development here is no explicit marketing strategy The main value proposition of the social network (remuneration for moderation and content generation) raises great doubts, it is necessary to test the concept There is no public version of the product. The company does not provide information on how the payment of the company's expenses will be carried out at the expense of the collected funds and how the process of converting crypto currency into fiat money will be controlled, if necessary There are no mechanisms for monitoring the misuse of funds and guarantees for the investor. Absolutely not clear economy of the given platform. The mechanisms described in wp cause a lot of questions, to which no one source has a response No detailed description of how the company will earn The mechanism for ensuring profitability for the holders of the tokens is not described The team promises the release of the token to the exchange 2 months after ico, but there is no indication of specific arrangements with specific exchanges The Company does not provide any financial forecasts.
Based on profiles in LinkedIn CEO (David Moskowitz) and CTO (Gaurang Torvekar), one can conclude that there is a small entrepreneurial experience in both. However, the success of introducing a previous business can not be verified. CMO (Avadhoot Kulkarni) has an operational experience in marketing about 4 years, the correspondence of this experience to the tasks of promotion of a new social network is being questioned. The rest of the team corresponds to their qualifications.
With an impending token sale and a well thought-out roadmap in the future, Indorse really looks to transform the professional networking space in more ways than one. With time, it has the potential to spread across other use cases and become a household name in the realm of professional networking.
