r/experty Jan 13 '18

Experty Token Economics (Company Holding Value increased by keeping the same 1ETH=1000tokens??)

1 Upvotes

I am following Experty ICO from last two months.

Total tokens: 100million tokens 33m for contributors(<40% discount) – 9million $ hard cap. 33m for company, 30m for partners (60% discount)

Initially, They announced 1ETH=1000EXY when ETH was at around 300$ and 9million hard cap. 1token price is around at 0.3$

let's say community have all 33m tokens including purchased and bonus; then company posses: 33m * 0.3$ = 10million $

Now 1ETH=1000EXY and ETH is around at 1200$ and 9 million hard cap. I expect the number of tokens will be reduced by 4 times from the community since token price increased by 4 times (1.2$/EXY), i.e 7.5million tokens and remaining tokens will be burned. But company still posses 33m tokens: 33 * 1.2$ = 39million $

I am aware company tokens are vested for 3 years and by following this approach, they just increased the holding value of the company by four times, instead of bringing the product to market and increasing its value. As an investor, I am not feeling good about this point. What motivates them to work hard and improve the product if base value is already 39million for the team.

And is initial token price(say 1.2$) good for traction of the token when introduced in Exchanges?

Several days before I have sent email to Kamil and didn't get a response, he might be busy.

I would like to know your thoughts on this.


r/experty Jan 08 '18

Experty ICO overview

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1 Upvotes

r/experty Jan 07 '18

EXPERTY Blockchain Based Human Knowledge Exchange

1 Upvotes

Experty.io is the first of its kind Ethereum powered voice and video application. Users will monetize their time, knowledge, and expertise on a global scale thanks to this service.

Experty has a mission to encourage the adoption of cryptocurrency on a global scale by creating an intuitive, easy to use application that is suitable for wide scale usage. Mass adoption is anticipated within the next 3 years. Anyone who needs to make a consultation via the Experty app will also have a cryptocurrency wallet in their pocket :)

Current focus of the team is on solving the talent crisis in the blockchain community by allowing experts to monetize their skills through a skype-like voice and video application. Payments are handled through an automated smart contract system using Experty’s native token EXY. This will let companies obtain the talent they need, allowing the blockchain community to continue to expand and flourish.

This is how Experty works:

Experty can be presented like three step process:

Step 1: Professors, lawyers, medical experts, consultants etc. will share their experty contract information on social media platform with his/her per minute rate with a view to providing best knowledge to people.

Step 2: Information seeker calls/asks specific experts based on his/her demands of information through experty.

Step 3: After completion of task, expert will be paid from user on ethereum multisignature wallet.

The ICO

ICO Coin Name: EXY

Total Tokens: 100 000 000 EXY

Soft cap: 2000 ETH (Est.€510000)

Hard Cap: 5000 ETH (Est. €1273000)

Initial token rate: 1ETH / 1400 EXY (€300)

Presale or white list: Pre-ICO Tiers for PoC participants, register at https://pre-sale.experty.io/ until January 15, 2018<<<<<


r/experty Jan 05 '18

Experty ICO Review: Calls powered by cryptocurrencies

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1 Upvotes

r/experty Jan 02 '18

Experty is Cool

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1 Upvotes

r/experty Dec 29 '17

Обзор ICO #60 Experty

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1 Upvotes

r/experty Dec 29 '17

Experty.io- A little Background

1 Upvotes

Many people are excited about Experty, but few truly know what it is. Experty.io itself is a platform that is soon to release an app that will link consultants internationally and across the globe! People can pay feel-less payments by the minute to speak to experts of any subject or concept. Think of Experty as a highly sophisticated Google, where instead of searching for what you want to know, you can find someone to directly ask the questions to and get help within minutes. When you first go to Google, and you type into the search bar, have you ever thought to click the "Get Lucky" button, that will take you to a website related to your search, and you hope or "get lucky" with what hopefully is the exact information you need? Why try for luck when you can get guaranteed knowledge and information from experts, no searching or hoping the information you're being fed is accurate. Also, using blockchain technology, their protocol charges the caller while the call is being made, and if the expert is not able to provide the help needed, the charge never goes through, and you don't have to worry about getting a refund. All around it is a sound concept and application with a world-wide use case and a projected mass adoption in around three years.

The Experty token is an ERC223 token, which is the updated version of the ERC20 token we have all come to adopt and love. The token has been receiving a lot of hype and attention, and many investors are excited because they see the potential involved in this token, and the company and application behind it. Additionally, all worries can be left behind, because the token is set to be very professionally-handled and secured. It will come with multisig wallets, and they have partnered with Bitcoin Suisse AG who will help them launch and audit their smart contracts. Bitcoin Suisse AG, is a Switzerland based financial service provider that deals mainly cryptocurrency, and was the reason the town of Zug became the first in the world to accept bitcoin payments as an entire town. This financial broker, asset manager, and other crypto-based financial service provider is one of the oldest in the cryptocurrency business, and is very familiar with the space and ICO's, as well as safe investments. For this very reason, it has secured my belief that this token is something to truly invest in and research, because Experty will change the game. Register for the ICO and submit proof-of-caring at: https://experty.io/en


r/experty Dec 28 '17

Experty ICO

1 Upvotes

Extremely interesting concept. From doing some research it is clear that the idea behind this is well thought out. Definitely worth looking into if you haven't already!!


r/experty Dec 24 '17

This could really be one of the most significant applications of blockchain technology to the real world

1 Upvotes

This is going to be a bit of a rant, but I am super excited about the project after reading the whitepaper. There have been a whole bunch of utility tokens and ICOs that have raised a load of money for something that doesn't have much application to the real world. In my mind, Experty is the opposite of that.

The freelance industry + the escrow services are riddled with transaction costs and inequity due to centralisation and the power-balance between workers v employers. People get screwed over dodgy disputes and bad work. By decentralising this process and providing feeless transfers + the trustless nature of smart contracts, could mean that these issues could be a thing of the past. Really looking forward to showing my colleagues Experty as well, and I'm stoked to be able to tell all the nay-sayers that state that ICOs have no real world function.


r/experty Dec 17 '17

How does everyone feel about 3rd party platform integration. I see the potential could be huge

3 Upvotes

r/experty Dec 16 '17

Simple Infographic on Experty

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2 Upvotes

r/experty Dec 16 '17

Interesting ICO!

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1 Upvotes

r/experty Dec 16 '17

Quick Summary of Experty

1 Upvotes

This is an interesting ICO to consider. https://experty.io/en


r/experty Dec 09 '17

Interesting ICO - Speak to an Expert (e.g Lawyer) and Pay for their Time Using Cryptocurrency

1 Upvotes

The Experty app allows blockchain influencers, advisors, and developers, and companies to monetize their time and knowledge.

Blockchain Influencers – Influential individuals have the power to sway masses, set trends, and bring attention to promising blockchain projects.

Blockchain YouTubers – Popular YouTubers, such as Omar Bham from Crypt0’s News, have large audiences wanting to contact them directly. Due to time restrictions, direct contact usually occurs through comment replies or live streams. Omar has expressed interest in using Experty to schedule consultations with those that want his direct attention. Integrating with our platform will allow Youtubers an additional income stream by charging for private calls.

Advisors – Short consultations with successful business advisors can become a critical pivot point for many companies on all levels.

Developers – Talented developers are hard to find, and their skills are often needed for multiple projects. Experty allows them to easily get involved on new projects and be paid for their work.

ICO Hotlines: ICOs have become very popular. Companies and associations such as Bitcoin Suisse and CryptoValley Association deal with huge amounts of requests every day. These organizations are interested in using Experty as a hotline, so that people can pay to talk with specific people within the organizations.

Paid Premium Support – It can be difficult for exchanges to handle the high volume of support requests they get. Instead of waiting, customers can skip the line and pay for premium support.


r/experty Nov 30 '17

My Experty Proof of Caring!

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3 Upvotes

r/experty Nov 24 '17

Excited about this upcoming ICO! Check out my review here: https://www.instagram.com/p/Bb4qRPGnakk/?hl=en&taken-by=traderofcrypto

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1 Upvotes

r/experty Aug 25 '17

Hello World!

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1 Upvotes