Indorse: Decentralised Professional Networking Platform
Indorse is the platform where users can do fun and earn rewards for thier skills and activities on the platform. Indorse is totally different from traditional platforms like facebook. Indorse is launch with the aim of giving back ownership of the data to the users for their contribution. It is a Ethereum blockchain technology based decentralized professional network platform. Blockchain is a platform to show your innovative ideas toward the world. To incentivize indorse members for adding their skills or accomplishments indorse uses internal indorse rewards and reputation score system. The main way of earn revenue for indorse is advertisement, free space on platform will available for advertisers, here members can share their contents by paying subscribed fees to Indorse. The payments will done in IND token within the platform.
Core features & Components
Indorse platform was a mixture of few technologies, Ethereum, IPFS/Swarm and whisper. By using IPFS and Ethereum blockchain we envasion indorse platform as a serverless and decentralized architecture. The members have two role to join for a claimant and moderator. Here claimant makes a claim with his profile. Claim maybe of professional skill or personal skill by adding proof of information with every claim. Here moderators verify every single claims and with rule they indorse it or reject it. Indorse using Indorse Score mechanism which was similar to Proof of Stack. Indorse Score provide stake reputation of claimant or moderators on the claim or indorsement. Reputation will get increase with acceptance of their claim and negatively it will decrease with rejection of claim.
Indorse will be integrated with the following third-party apps.
Indorse DE- Indorse was building a Deployement Engine or DE for profiles and content tying them back to the tokens and Ethereum contracts.
IPFS: Inter Planetary File System is a decentralized DropBox. Important information like content, documents, claims, profile updates and indorsment are will stored in this Storebox.
uPort: It is a system by which identity of indorse members can get verified with their real identity.
Spectrum: it is a online or offline wallet for ethereum which was under development by Digix. It will use to make payments as it is easy and secure to use.
Indorse Pre-ICO was already started on 15th July and will end on 3rd Aug 2017, only accept Ether and BTC. The crowdsale will take place on 8th Aug 2017. Token ticker is IND ICO will accept only ETH . 1 ETH equals to 1000 IND. Maximum cap is 50,000 ETH and Minimum Cap is 5000 ETH.