Magnetics

Magnetics

Created using Figma
Created using Figma

Last Update

Sep 23, 2018

Your skills + experience = your ‘Employment Capital Score’. We’re making recruitment and job hunting a whole lot easier, and better. By ranking peoples’ scores against the Magnetics Employment Capital Index recruiters and employers can accurately measure the potential suitability of each candidate.
Main Sale
Oct 19, 2018
Dec 8, 2018
0% completed
Raised funds - no Data
upcoming
  • 1 KLIX
    =
    0.11 USD
Presale
Sep 10, 2018
Oct 14, 2018
46% completed
Raised funds - no Data
ongoing
  • 1 KLIX
    =
    0.1 USD
Token Details
Ticker
KLIX
Total supply
500,000,000
Token Distribution
Private - 16.67%
Pre Sale - 23.33%
Main Sale - 30.02%
Accepted Currencies
ETH, BTC, LTC, FIAT
Min Contribution
50 ​ USD
Company Details
Registered Country
United Kingdom
Company Founded
Sep 23, 2018
Bonus Structure
Private - 10%
Pre Sale - 5%
Main Sale - 3%
Additional Details
Platform
Ethereum
Whitelist
Yes , from Jun 15, 2018 till Sep 8, 2018
KYC
Yes
Categories
Platform

About Magnetics

The Magnetics platform will record, verify and evaluate a worker’s employment background, qualifications and life experience (including references, culture, communication skills, network, grades etc.). Magnetics’ networked intelligence systems will validate and quantify this data to produce a verified adaptability score called the Magnetics Employment Capital Score (MECS). By ranking a worker’s MECS against the Magnetics Employment Capital Index, recruiters and employers can measure the value of each candidate for current vacancies and future skill requirements.

Magnetics will suggest suitable roles and recommend development mechanics (e.g. training and education) that will help them improve their MECS thus improving their ability to adapt for future shifts in global skill requirements. The functionality of the MECS tool will make it relevant to everyone and not just those seeking employment. The MECS tool will be accessed by users through a comprehensive dashboard based portal. MECS will give job seekers the ability to keep a check on recruitment agencies and ensure they are putting them forward for the correct roles. MECS will give current workers the insight needed to move into new and desired areas of employment.

The Magnetics platform will provide multiple support systems for recruitment agencies. The MECS data can be used by recruitment agencies to widen the pool of suitable candidates for roles by recommending candidates with skillsets that sit outside of the specific job specifications but match or better the role in terms of suitability. Magnetics will support the recommendation of candidates to recruitment agency clients with verified and easily accessed proof of suitability and ability to adapt.

Features

MECS (Scoring/Rating system for both Job seekers, Employers & Recruitment agencies), Job board, Job Advertments, Social Interaction, Hybrid Blockchain, Privacy, FREE API, Low Costs, Syncronising Of Data, Media Market, Earn KLIX Tokens, Live Interaction, Media Portfolio, Help & Advice Guides, Data Recovery

Technical Info

The Magnetics platform is formed
from 4 composite parts:

1.Multi-chain verified data protocol and data registration smart contract. Allowing users to upload and verify relevant data about themselves from formal qualifications, career milestones and life learned skillsets. The contract will have a ‘function clause’ allowing other users to query and corroborate the
‘owner’s’ i.e. the uploader’s entries.


2.Decentralised Applications, primarily the Magnetics App that hosts the P2P verified marketplace, skills verification etc.

3.MECS, (the Magnetics Employment Capital score app) provides a quantified value surrounding a user’s propensity to adapt in the face of shifts in the global skill-requirement space. The MECS algorithmically triangulates the user’s verified employment history from the magnetics DApp against a data bank of global employment research to engineer the users standardised MECS.


4.Storage and data exchange system. Magnetics places the user in the driving seat when it comes to data exchange. We know that big data and data harvesting are forming considerable proportions of companies’ annual spend, but how much of this spend reaches the data owner? Magnetics gives its users the opportunity to monetise and sell data in the on-chain marketplace removing the need for intermediaries or centralised servers. Rather than passively signing away data rights as terms of use, as on Facebook and LinkedIn, the protocol encrypts all data and gives the user the option of decrypting it for a price in Klix tokens.


The process of data exchange is as follows:


Application A requests user data from application B via the Magnetics protocol. The user receives a notification, thus sparking the decision whether to decrypt for the requester. If the data owner wants to receive Klix tokens, the user specifies the number of tokens for which he/she is ready to sell the data. Post token transfer, the data in the encrypted form is automatically sent to the Application B. Following that, the data in Application B is decoded.

Data storage


Prima facie, Magnetics will use decentralised stores as the basis of its data exchange and storage system. The hash of data to check its actuality is stored in distributed registries and ledgers. Stores with elements of Storj, IPFS and Torrent technologies can be used to keep the data. Stores will have an adaptable
system to manage access rights and allocate stored information to nodes (in some cases not all data will be stored on all nodes in order to optimise the engaged space). Thus DApps and smart contracts provide the cortex structures of the Magnetics protocol. Magnetics will regularly publish suggestions
for functional decentralised applications that will benefit the Magnetic platform and its users. We will support 3rd party developers with all that is required including API sharing, storage, data exchange systems and application frameworks etc. Magnetics uses a PoS consensus algorithm that works with Byzantine Fault Tolerance to maximise data retention rates and achieve optimum scalability.

Magnetics Roadmap

  • Phase 1 - Q1 2019

  • Design of user Magnetics user profile interface and architecture
  • Phase 2 - Q2 2019

  • MECS verification functionality design and development
  • Phase 3 - Q1 2019

  • Develop of primary smart contracts and token functionality for MECS powered Magnetic services
  • Phase 4 - Q2 2019

  • Recruitment agency functionality optimisation
  • Read More
  • Phase 5 - Q2 2019

  • Release of Magnetics Data Protocol
  • Phase 6 - Q3 2019

  • General access release
  • Phase 7 - Q4 2019

  • Release of MECS Score and indexing dashboard UI

Activity

Status:
Newbie
VERY LOW
Activity:
1
VERY LOW
Merit:
0
VERY LOW
Posts:
2
VERY LOW
Views:
22
VERY LOW
Posts:
28
VERY LOW
Followers:
200
VERY LOW
Likes:
198
VERY LOW
Followers:
69
VERY LOW
Tweets:
29
VERY LOW
Fake Users Detected:
25.69%
Members:
22 862
VERY HIGH
Bounty & Airdrop Users Detected:
10.76%
Investors Detected:
0.03%
Alexa
Rank:
11 385 047
VERY LOW
Delta:
0

Team

Verified 63%

Attention. There is a risk that unverified members are not actually members of the team

CEO, Founder
verified
Co-Founder
verified
Co-Founder
verified
Head of Commercial
verified
Head of Marketing
verified
Legal Liaison Officer
unverified
Business Development Manager
unverified

Advisors

Verified 33%

Attention. There is a risk that unverified members are not actually members of the team

Advisor
verified

Magnetics Interviews

Adam Kilshaw
As a team member, сan you tell us about your role in the ICO project?
I am the founder of the platform and the DNA to improve the recruitment industry worldwide.
What do you think about idea?
The Magnetics platform is unique and will aid by offering the best tools, features including MECS.
Kevin Gornall
As a team member, сan you tell us about your role in the ICO project?
Hi I’m Kevin Gornall Co-founder of magneticshr.com my role in magnetics is to help with the business development of our company.
What do you think about idea?
My thoughts of magneticshr.com is that the idea is revolutionary and will be a main player in the recruitment industry. We have strategies to combat most of the problems that exist in todays recruitment industry, with the much needed solutions which will place Magneticshr.com as an industry leader.
Leslie Dundas
As a team member, сan you tell us about your role in the ICO project?
I am a web designer and developer with a keen interest in user experience. I am a co-founder of the platform.
What do you think about idea?
The Magnetics platform is going to revolutionize the industry by offering a complete solution with unique features, including MECs
Oliver Van-Hay
As a team member, сan you tell us about your role in the ICO project?
My role in the team is to ensure the partnerships we forge with 3rd parties deliver the best possible value for the platform.
What do you think about idea?
From the recruitment sector to the military arena and the world of commerce - the Magnetics HR platform quantifies a broader range of candidate abilities than any other solution.
Nate Raine
As a team member, сan you tell us about your role in the ICO project?
Branding, marketing strategy and developing creative ideas to engage our audience of talent and recruiters worldwide
What do you think about idea?
Great idea which seeks to improve the recruitment industry by harnessing blockchain technology in order to sort through the rubble of our current state.
Greig Williams
As a team member, сan you tell us about your role in the ICO project?
As required I provide strategic advice and support to the executive team. I have a particular interest on commercialisation and articulating how this will enable us all to achieve more.
What do you think about idea?
As we hurtle towards an ever changing work place context and accelerating rate of change of technology; people, leaders and organisations will need faster, more accurate and data driven employment processes. The legacy hiring model is laborious and ready to be disrupted... We simply need technology to enable us to focus on the right things and be more human.

Last News

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