Prepare to "INDORSE" - Professional Social Networking

generation.easy (65)in #indorse • 7 years ago

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