Indorse, a novel social platform built on Ethereum, backed past times blockchain trouble organisation accelerator Coinsilium, is changing the landscape of social networking for professionals. Through a disruptive approach of peer-to-peer validation of people's professional person reputation in addition to branding, Indorse is offering what other platforms are unable to render to users; ownership of information in addition to truthful social collateral which attests to the validity of their accomplishments.
Already having met the Pre-sale boundary of 17,000 ETH inside a thing of days, Indorse volition commence their full-fledged token-sale on August 8, 2017.
Indorse is led past times a squad of experienced blockchain entrepreneurs, engineers, consultants in addition to fintech experts who believe that the existing model of how people interact alongside online social networks is deeply unfair towards the terminate user in addition to flawed inward how information is accurately portrayed.
COO Dipesh Sukhani comes amidst the ranks of experienced Big Four consulting veterans bringing fiscal in addition to revenue enhancement auditing experiencing to the tabular array - a specially valuable asset inward the basis of blockchain startups asset token sales.
"Networks such every bit LinkedIn (and of similar service offerings) cause got never been able to top the litmus exam of accurate sharing of information [leave aside letting its users besides exercise goodness from the growth]. One cannot merely rely on the information put-up; every unmarried claim has to last tested separately, which agency fourth dimension costs! As an ex-Big 4 consultant, I was e'er on a hunt for my clients to write me testimonials, in addition to then every bit to add together that extra border to my credentials. We at Indorse create that pace the starting fourth dimension stepping stone, ie, community based endorsement."
Unlike traditional social media platforms such every bit LinkedIn, the Ethereum-based Indorse network aims to empower users alongside their information in addition to reputation management, allowing anyone to turn a profit from sharing their skills, activities in addition to accomplishments on the platform.
Indorse was amidst the starting fourth dimension blockchain startups to utilize the Ethereum Name Service (ENS) to help fight phishing in addition to fraud scams which cause got plagued another high profile token sales inward past times months. This service enables an easily identifiable in addition to much to a greater extent than secure laid of human-readable characters to last used every bit Ethereum token addresses.
As a reaction to fraud in addition to spam cause got plagued many pop social networking in addition to professional person career websites, the Indorse squad has taken a fresh approach to personal in addition to professional person branding enabled past times smart contract functionality on the Ethereum blockchain.
Users tin percentage information most themselves in addition to they stake their funds, or IND tokens. In the consequence a somebody inward their Indorse network is able to verify the claims made are true, both parties are rewarded. If either political party makes a faux claim, they are penalized, therefore incentivizing truthful representations of one's self on the network. Users are able to leverage this branded in addition to verified identity of themselves on other networks every bit well, therefore creating a usable asset for anyone inward the community.
Compared to other blockchains, Ethereum provides the compute engine capability in addition to transparency needed for a decentralized economic scheme to succeed in addition to incentivize its ain growth. The platform volition last integrated alongside a expose of decentralized applications (DApps) such as; InterPlanetary File System (IPFS), uPort identity system, Attores Certificate Issuance Platform, Truffle, Spectrum in addition to Status.
"Indorse volition allow users to turn a profit from sharing their skills in addition to activities on the platform via vantage tokens. We envision a serverless, decentralized future, where the users volition create their profiles in addition to turn a profit from their reputation. This futurity volition demand a decentralized platform where others tin estimate the character of a person's profile non precisely past times where they cause got gone to school, but what they cause got genuinely done inward their professional person in addition to personal lives."
The Indorse white newspaper is available for download on the website in addition to whatever questions y'all cause got for the founders in addition to squad of Indorse tin last straight asked on their Slack channel.
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