Indorse
Decentralized Professional Network
Indorse is a decentralized professional network powered by blockchain technology where you own your data and get paid for your contribution
What is Indorse?
‘Indorse’ is a revolutionary platform using new models of tokenization and decentralization to change the shape of professional social networking.
Unlike traditional platforms such as LinkedIn, Indorse aims to give back ownership of the data to you, as the user, and allow you to profit from sharing your skills and activities on the platform.
Indorse uses rewards and a reputation system to incentivize users to add their accomplishments and endorse those of others. Advertisers in turn purchase space on the site, which creates revenue for the platform. This revenue, along with other revenue streams, is shared with the users who created the content.
In a nutshell, users are finally able to share in the profits made by the platform, due to their data, instead of the money going to the companies holding their data.
Why Indorse?
Ownership of the data — Back to the users
“If you’re not paying for it, you are the product.” — Unknown
Technology has allowed us to share information more freely and readily with each other, but ease of use and accessibility is a double edged sword. Issues about personal privacy, data protection and ownership of information have surfaced, rightfully, over increased flows of information. These issues regarding ownership of personal information and commercialization of such information must be fixed once and for all. This is our core focus.
Skills Economy
In the past, the higher education was an exclusive domain for a few. Today we’re seeing a rapid increase in number of students as a result of a push to make good education (and better jobs) more accessible to everyone.
This has led to the record number of students passing out of college, but a considerable amount of them unable to land a job.
The reason? Skills Gap. The skills that jobs demand do not match with what students learn in college.
What then is the value of qualifications, if not as representations of knowledge or scarcity? We believe that qualifications are representations of skills acquired. In this age of constant influx of information and knowledge, the only constant is change. That, and deep skills which allow us to ride the changes.
The right skills allow us to adapt to situational and information changes quickly and flexibly; they are our means of navigating this increasingly complex world. So it seems the academics and governments are not that far off in their claims — our economy is the skills economy.
Creating a Skill Based Professional Network
That lets the users own and earn from their data?
Enter Indorse!
Let’s walk through an example to see how it works:
Alice joins the Indorse network. Upon registration she is issued a minimum Indorse Score that will enable her to post a single claim to her profile.
She starts by creating her unique profile identity, and then adds a claim. She claims that she graduated from Ngee Ann Polytechnic in 2017 with a Specialist Diploma in IT Network Systems. She provides a link to the Ngee Ann Polytechnic verification page for her certificate information. She submits the claim with that and her Indorse Score is locked. The Indorse platform randomly chooses a number of other users who can endorse the claim.
Bob is an Indorse user who is chosen to endorse the claim. He receives a notification and sees that Alice has placed a link to the verification page for her certificate. He verifies that the claim is valid and endorses the claim, locking up his Indorse Score.
After a consensus of endorsement is met, Alice’s Indorse Score is increased by 1, for making a valid claim. She is also rewarded with Indorse Bucks. Bob also has his Indorse Score increased by 1 and receives an Indorse Buck.
Six months after receiving this Indorse Buck, Alice’s Indorse Bucks are converted to IDS tokens (which are tradable) based on the advertising pool for the period.
If the endorsers vote that Alice’s claim is not valid, she does not get Indorse Buck and loses an Indorse Score point.
Development Roadmap
Pre-Launch
● Independent review of White Paper and concept
● Independent audit of the suite of smart contracts
● Release of a POC which includes the ability to create decentralized profiles and a basic implementation of the Anonymous Indorsement Protocol (AIP)
Phase 1 — Turing
● Limited Alpha
● Full functionality to build your profiles and post claims
● State channel implementation of AIP
● Integration with Spectrum
Phase 2 — Babbage
● Integration with uPort
● Integration with Status
● Integration with Attores Certificate Issuance (CI) system
Phase 3 — Dijkstra
● Basic advertising system
● Connection with the various advertising APIs and the ability to buy ad space
● Refinement of the UI/UX
Phase 4 — Lovelace
● Token dashboard
● Oraclize integration
● Reality keys integration
Phase 5 — Moore
● Indorse Developer Toolkit
● Indorse API
Phase 6 — Nakamoto
● Indorse platform mobile app
How to Participate in The Indorse Token Sale
Indorse Token Sale begins on 8 August 2017.
To participate in the token sale you need a wallet service or an application where you and only you hold the private keys. Private keys are needed to correctly interact with smart contract functions, like transferring tokens.
DO NOT SEND ETHEREUM TRANSACTIONS DIRECTLY FROM CRYPTOCURRENCY EXCHANGES. YOU NEED A TOKEN COMPATIBLE ETHEREUM WALLET.
Which wallets can be used?
The following wallets are known to be compatible with Ethereum tokens (ERC-20 standard):
● MyEtherWallet (no download needed)
There have been many phishing attempts with fake myetherwallet sites — always verify you are on the verified site!
● Mist (Desktop)
● Parity (Desktop)
● imToken (iPhone)
● imToken (Android)
What to do after I have a wallet?
On the assumption that you have a wallet and have ETH in the wallet, you need to ‘send’ the amount of ETH you want to contribute (from your wallet) to the designated address [this will be shared by Indorse.io ONLY and ONLY 24 hours prior to 8 August 2017]
Token sale deposit transactions need to have non-default gas limit (a.k.a. transaction maximum gas). This is because token sale transactions are more complex than simple Ethereum transfer transactions. The default gas limits are too low to correctly perform a token sale deposit.
To participate an Ethereum token sale you need to fill your transaction with following the details
● Address — this is given you on the Token Sale deposit page.
● Gas limit: 250000 — gas tells that this is a smart contract transaction and is more expensive than normal Ether transfer
WEBSITE : https://indorse.io/?utm_source=btt
SLACK : https://joinindorse.herokuapp.com/
BLOG : https://medium.com/joinindorse
TWITTER : https://twitter.com/joinindorse
TELEGRAM : https://t.me/joinchat/AAAAAA1WIyLU_WrlA3b3zw
Username: Aisyah88
Link Profile : https://bitcointalk.org/index.php?action=profile;u=894090
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://medium.com/joinindorse/introducing-indorse-the-professional-networking-platform-of-web-3-0-c74daee424c5
Congratulations @aisyah-rahayu! You have received a personal award!
Click on the badge to view your Board of Honor.