SPRINGROLE, EMPOWERING TRUST IN PROFESSIONAL CIRCLES

Today, there are limited examples of actual working products of blockchain technology seeking to create real world use-cases. What is even more important are applications linking the digital world with the real world. One standout project to look out for for its first mover advantage in solving a common menace is Springrole. Inaccurate information in professional profiles is a very glaring problem today. It is relatively easy to be able to create false information to give one professional advantage in the process of job seeking especially when it comes to technology jobs. The demand for such opportunities is so high it is necessary to outsource for talent from other countries around the world. Currently, human labor is distributed in global ecosystems centered around countries such as the United States(Silicon Valley), China and India which comprises the largest freelancer network in the world. Springrole is a professional attestation blockchain platform currently holding its public pre-sale. To be able to understand the project better, let us break down the basics. According to the Cambridge English Dictionary attestation is the official confirmation that something is true. Springrole leads the way in creating a blockchain-powered network to be the go-to venue for informing and verifying professional credentials for freelancers around the world.

Professional networks today drive a large number of international companies and they will in the years to come considering the significant effects that blockchain technology will have on the current workplace.

“We seek to live in a world where the information that we read online is trustable – even if we are unable to personally verify it. SpringRole is the platform that furthers that vision by focusing on having verified professional profiles online.”

Why Springrole? A better way to network?
Springrole creates credibility to professional profiles by incentivizing people and organizations to contribute to the validation. In addition, through well-thought out metrics, rewards for the overall growth of the platform which are directly correlated to the activity on the platform are shared to users on the network. A particular example are the multiple ways through which users can earn tokens through endorsements or through relation to particular users who have benefited in one way or another.

It is very expensive to verify professional profiles currently, with downtime ranging from as low as 3 days to as much as 3 days for all the background checking and interview processes. The expense of making a wrong recruitment is valued at around $240, 000. Today, more than 50% of professional profiles contain doctored information.
There is also a lot of redundant activity that has to be redone every time a new hire is in place.

Public Pre-sale
1June 9 AM to 10 July
Minimum contribution: 2 ETH
Maximum contribution: 500 ETH
Bonus 40%
Price per 1 spring is 0.00002 ETH

Public sale
Date and contribution amounts yet to be determined

Function of the SPRING token
The Spring token is a utility token that serves a number of uses on the Springrole online platform:
Distribution of a particular user’s earnings to their network in SPRING
Referral bonus when you refer a user or organization to the community
Used to pay for endorsements of skill sets
Reward companies or universities that have attested a user’s claim

To be able to participate in the tokensale you have to register on the beta platform and for your contribution, your account will be credited with tokens. By the way, for a limited amount of time anyone can be able to try out the online beta product of Springrole platform from the official website. You can register and reserve your SpringRole URL, which can be your username or real name identity and also get 100 SPRING tokens to get you started.

The Springrole online platform will work through a peer to peer network for verification and recommendation with the information being stored on blockchain. The new professional economy will reward honest contributors who are able to corroborate information provided by parties upon registration. Each participant is able to fill in their information upon registration.

The Springrole profile contains three bars:
Education
Skills
The users’ proficiency in skills is solicited from the network users. The weight of the endorsements is calculated according to the skill of the endorsee. The endorsements have to be accepted by both parties before they are recored on the blockchain.
Work
Work and education details are informed by universities and other educational institutions who verify the information, a process that is only carried out once before recording on the blockchain.
Users of the Springrole platform are able to earn rewards not only from their individual activities but also from rewards accrued to people within their network. This distribution is also extended to other users and organizations who have attested for the same person.

PARTNERS

Some of the partners that Springrole has so far include:
Amazix, world’s leading community management and engagement firm.
Bloom, a cryptographical secured blockchain identification project.
Civic, blockchain identity ecosystem for persons and businesses.
Deconet, blockchain powered marketplace for software and development.
Mainframe, platform for decentralized applications.

Important links:
Springrole website: https://springrole.com/
Springrole telegram: https://t.me/springrole
Announcement thread: https://bitcointalk.org/index.php?topic=3556999.0
Bounty thread: https://bitcointalk.org/index.php?topic=3602729.0

My bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1128840;sa=summary