Prepare to "INDORSE" - Professional Social Networking
Take control of your professional image and monetize your social networking ability
Get ready to take back ownership of your personal data and join the block-chain based skills economy,
Indorse
Where profit comes from active social and skills endorsement
- get rewarded for engaging the platform while networking and aligning professional contacts
Become Indorsed and become known across the block-chain!
The Indorse token will be based on the Ethereum network, an ERC20 token, with the ticker symbol [IND].
This token will be the backbone to the reward system on the Indorse professional networking platform , similar in nature to Steemit but quite a bit different.
For a detailed explanation of the reward system, or a more technical insight to the process, I highly suggest taking a peak at the information packed whitepaper found here: https://indorse.io/whitepaper
In just over 1 week, users will have the opportunity to get there hands on IND tokens
Indorse Crowdfund Date: Aug. 8
The token sale numbers and caps have been updated based upon WINGS forecasting results shown in the graph below
It may be difficult to piece together the graph, but the majority of forecasts projected the INDORSE project to receive 45,000 Ethereum in this crowdfund.
This data was then used to produce the official ETH/IND conversion rate and the soft/hard cap
During the crowdsale
- 1Eth = 1,000 IND
- HardCap = 50,000 ETH
Not only does the INDORSE platform sound like a great new block-chain based social networking site, but the INDORSE token seems like a great investment based upon the projected capital raised and the hard cap set in place.
As many investors have seen in the past months, un-capped ICO's are being over-funded and over-valued, shortly after leading to evaluations below the initial value and consequently, resulting in some substantial losses.
Unfortunately for many of these new projects, investors base there opinions on token value post-ico rather than on current developments, essentially creating "bad" publicity and driving away new investors.
For a project to succeed in the crypto economy, it needs investors support
An investment cap is something very important to look for now, and the INDORSE development team has recognized the need to implement one in a reasonable range that aligns with investors interests.
- Currently 50,000 ETH approximately equals $10 million
This initial marketcap is large enough for an even distribution while also providing room for instant and organic growth.
With such a low investment cap, it also provides the ICO investor the opportunity for a potential multiple x profit on investment once the token hits the exchanges. It also provides a longer term investor who buys at the exchange multiple to see profits by simply holding through developments.
If Indorse becomes comparable to Steemit
The marketcap would have to rise 28x from the ICO = huge profits for any early adopter!
The expectations are high for the INDORSE project
Steemit users should be especially excited for INDORSE
- another avenue where social engagement pays!
Investors should also be ready for this crowdfund to sell out quickly - once the Bitcoin drama has been completed, Bitcoin holders will be ready to invest back into alt-coins and crowdfunds, this ICO coming just as the dust settles and confidence returns to crypto currencies.
With the great potential and current marketing, INDORSE should have no problem reaching the Maximum Ethereum cap as Investors have already began lining up
Don't Miss Out
Other places for reliable information on Indorse
Website: https://indorse.io/
or
BitcoinTalk [ANN]: https://bitcointalk.org/index.php?topic=2047503.0
See You August 8th!
Thank you for reading my posting on Steemit
If you found this posting enjoyable or useful - feel free to upvote, comment, resteem, or follow me
BitcoinTalk User Link: https://bitcointalk.org/index.php?action=profile;u=803528
Ethereum Address: 0xe8c79B21B2FC35FA3E85c6a1E80aFf686c99A777
@generation.easy
a bitcoin fanatic and alt-coin enthusiast
Unfortunately I forecasted 20K Eth for Indorse.
They cut off whitelisted pre ico contributions of 100 Eth or more off at 14K Eth.
Wish I would have forecasted more on Indorse. Oh well, I should still receive a few thousand USD worth of their token for my forecast on the Indorse crowdsale that starts August 8TH, good luck Indorse! Wish I would have forecasted more but oh well, c'est la vie :)
https://m.youtube.com/watch?a=&feature=youtu.be&v=eE0jprvRXKY
I was spot on at 50k but my forecast was delayed because i had to think about longer.
I knew there was investor fatigue and the whole btc fork was an issue, so originally i was going to go with 30k.
Then i started thinking about a cap and how the indorse team wanted investor interests aligned so i determined they would most likely shoot for 10mil.
At the time eth=225-250
I expected eth around $200, which made an even 50k.
Essentially, i got lucky. Currently 10mil is about 45k eth.
Congratulations on your article! Wings foundation tweeted about it :)
https://mobile.twitter.com/wingsplatform?ref_src=twsrc%5Etfw&ref_url=https%3A%2F%2Fcoinmarketcap.com%2Fassets%2Fwings%2F
Indorsed sounds like an even better version of Linkedin.
As blockchain technology becomes more in the public eye we may see Indorsed as one of the best services to use to find other people regarding work.
the Indorse token sale is starting in 2 hours: https://www.indorse.io/
Very true.
I hope to leverage it for credibility purposes and hopefully use it to find freelance writing or marketing jobs.
A platform like this geared towards cryptos would be very helpful in gaining connections.
Im excited
I am interested. Hopefully Indorse has a way to combat the bots compared to Steemit, that's 1 thing I can't stand around here...
The bots make out here better than most people here. If Indorse can show a platform free of bot corruption, It could be better than Steemit!
Resteemed
Yes I hope so too. It seems like the endorsing process would deter bots, but bots are getting better and better each day... so im not actually sure
Thats a very good question actually and i will ask the development because i am curious what the plans are
Thanks for the resteem!
Sounds interesting and worth checking out. I have been watching bitcoin cash (futures) many people already saying it’s more or less dead. Will be interesting to see if people just dump. I guess we will soon find out! Only 2 exchanges are even going accept it bitcoin cash?
Nothing to loose with becoming a paid user ;)
as for BCC, we already have Yobit onboard!
I'm ready to dump, but i figure by the time I actually get mine from bittrex it will already have become worthless... I'm actually hoping I get some good deals on alts before the fork as I expect the rest of the week to become a rebound session.
good luck