Opporty ICO-Decentralized Business Community

asharmagrib (30)in #blockchain • 6 years ago

According to figures provided by the US Small Business Administration, only one out of five new businesses survives beyond the first year of operation. The remainder shut down because they fail to compete successfully against established companies, attract early adopters and scale up their businesses to start driving profits. Therefore, small and mid-sized businesses are pressed to:

• Offer high-quality services at competitive rates (presumably competitive

enough to rival established businesses and corporations)

• Minimize back-and-forth negotiations when searching for service providers

• Land the best deals when requesting services from others

• Create a constant stream of leads by appealing directly to targeted

audiences

• Take advantage of the digital economy and cutting-edge technologies to

survive when crisis hits

• Cut expenditures by improving business performance and reducing the

need for intermediaries

That why we Introduce Opporty

What is Opporty ?

Opporty is platform Combining the benefits of on-demand economy and blockchain technology, Opporty introduces a crypto-powered marketplace for B2B and B2C commerce. Specifically, the platform enables new models of social and commercial engagement by admitting companies to a powerful community of Opporty experts, and providing opportunities to build a professional reputation through knowledge-sharing that enriches the community.

Opporty’s crypto functionality is powered by Ethereum, a blockchain-distributed computing platform, which simplifies administration of commercial smart contracts and ensures their enforceability.

Blockchain-based gamification is at the core of Opporty’s ecosystem. Users can purchase and earn cryptocurrency (OPP tokens) to access a variety of services on the Opporty platform, or they may exchange tokens for fiat currency

Vision And Mission

Vision

Our vision is to revolutionize the way small businesses and individual providers request and offer services, and conduct business as a whole. Utilizing the power of blockchain technology, we aim to create a world where companies use secure, resilient and immutable smart contracts that rival traditional transaction and payment systems offered by corporate financial institutions. The platform will resolve arising problems through decentralized Escrow, and therefore contract resolution will not rely on the state for enforcement.

Mission

Our ultimate goal is to create a productive environment — a business-focused, decentralized, self-governed community — where business owners and individual service providers conduct business based on established standards and educate others by contributing content. Taking the best of two worlds (on-demand and blockchain), our mission is to make Opporty a user-friendly marketplace that allows for the digitizing of multiple small business activities and provides a risk-free environment for doing business through decentralized Escrow and blockchain-powered smart contracts.

How Opporty Works ?

Publish Your Request - Describe what you need done to reach out to service providers and product suppliers
Get a Quote - Receive quotes and choose the one that is a good fit to you and your business
Contact a Supplier - Leave a note, agree on the terms and wait while our pros seal the deal!

Advantages For Customers And Service Providers

1. Free responses to user requests.

Once a provider is registered on Opporty, they acquire a monthly number of free responses. This allows recently registered users to compete with our established loyal customers. When a provider’s free responses expire, they are able to purchase more with fiat currency, or to earn tokens by completing rewarding activities on the Opporty platform

2. Renewable rating

Opporty’s ranking system is flexible. A user’s ranking is influenced not only by stars, but also by their activities on the platform. Thus, recently registered users can quickly move their profiles up in rank by contributing to our knowledge-sharing system.

3. Rewards for activities.

Users are encouraged to contribute content through Opporty’s built-in gamification and rewards systems. Active contributors can increase their rating in Opporty search, and are nominated to become judging and voting members of the Opporty community, called Escrow arbitrators or “standard designers” (provided their expertise in their field of endeavor meets community expectations).

4. Community

Once a company or individual service provider is registered, they become an integral part of Opporty’s community, which allows for increasing awareness and exposure, building trust and authority among targeted audiences

5. Self-regulation.

With built-in Escrow functionality and the support of smart contracts, Opporty guarantees that every conflict between customers and service providers is resolved in an unbiased, professional manner. Opporty’s selected team of independent experts (known as Escrow arbitrators) create standard rules for common services. Initially, Escrow arbitrators will be selected by Opporty administrators

6. Protection from poor quality

Escrow procedure ensures that every customer receives the highest level of service. When a problem arises, it is resolved by a carefully selected group of Escrow arbitrators.

Opporty Platform’s Key Advantages

Low initial costs
Exposure to targeted audiences
Rewards system that incentivizes users to contribute content to Opporty’s knowledge-sharing platform
Protection of decentralized
Escrow, guaranteeing high quality services and the ability to sell without a well-established reputation Escrow voting board comprised of industry experts who can join Opporty’s selected team of judges to increase exposure and awareness about their brands
Blockchain technology that supports smart contracts that potentially make alteration or prohibition in court not financially viable
Opporty cryptocurrency (OPP tokens) that allows users to purchase services with either fiat currency or tokens (or to convert tokens)
The OPP token is protected against devaluation and liquidity. The value of issued tokens is supported by the growth of the Opporty community and the sheer number and cost of real-world services provided at the marketplace

Business Model

1. Monetization

Advertising and promotion on the platform - Registered companies and service providers have multiple options to promote themselves on Opporty for free. Nonetheless, they can purchase advertising space and pay for priority placement. Offers must be purchased as well.

Commission from Escrow-enabled transactions - Should parties initiate an Escrow procedure, they agree that Escrow arbitrators and Opporty will receive a commission for their services.

Additional services for Contractors - Contractors can create requests and offers within a wide variety of

industries. The Opporty team is willing to provide additional services for contractors for a negotiated fee.

2. Currensy

OPP token is an ERC-20-standard cryptocurrency that can be purchased or gained as a reward for contributing knowledge and expertise to Opporty’s knowledge-sharing system.

OPP token is protected against volatility and devaluation. Its value and cost is tied to the overall value of Opporty services and to services provided at Opporty by thirdparty vendors and contractors.

OPP tokens can be spent on:

Advertising and promotion on the platform
Additional services
Services provided by contractors

Tokens can also be used for staking, necessary for applying to certain roles on the platform, such as Curators, Arbitrators, High Judges, etc

3. Profit Distribution

The goal of the Opporty project is to build a decentralized platform governed by a community of Experts. One of the most important instruments in realizing this goal is the sharing of profits with the community. Our distribution is as follows: