DonateMost active topics
Latest topics
Experty Announces Proof of Care
Page 1 of 1 • Share
Experty Announces Proof of Care
by Vladdirescu Fri Nov 24, 2017 7:44 pm
Experty announces its plans to use Proof of Care concept to help with pre-contribution phase.
Experty announced they are implementing Proof-of-Care during their pre contribution phase. Experty decided to use the concept developed by their advisor Richard Ma of Quantstamp. Richard Ma, CEO of Quantstamp, noticed there was a glaring problem with ICO’s token distribution. He developed the concept of proof of care to help alleviate some of these issues. Proof of Care ensures that those who truly care about the project get higher priority in the token allocation, along with a bonus for those that qualify. Proof of caring solves the distribution issue that many ICOs experience. Often times, whales scoop up tokens the moment the ICO begins, leaving nothing for smaller participants. This causes a disparity in the token distribution, and defeats decentralization.
Experty believes that tokens should be distributed fairly, evenly, and to those that will actually use them. This prevents large market dumps of tokens post ICO, and gives tokens to people who are loyal to the product. And want it for its real utility. Experty has made it their mission to bring their platform to the mainstream.
https://coinidol.com/experty-announces-proof-of-care/
Experty announced they are implementing Proof-of-Care during their pre contribution phase. Experty decided to use the concept developed by their advisor Richard Ma of Quantstamp. Richard Ma, CEO of Quantstamp, noticed there was a glaring problem with ICO’s token distribution. He developed the concept of proof of care to help alleviate some of these issues. Proof of Care ensures that those who truly care about the project get higher priority in the token allocation, along with a bonus for those that qualify. Proof of caring solves the distribution issue that many ICOs experience. Often times, whales scoop up tokens the moment the ICO begins, leaving nothing for smaller participants. This causes a disparity in the token distribution, and defeats decentralization.
Experty believes that tokens should be distributed fairly, evenly, and to those that will actually use them. This prevents large market dumps of tokens post ICO, and gives tokens to people who are loyal to the product. And want it for its real utility. Experty has made it their mission to bring their platform to the mainstream.
https://coinidol.com/experty-announces-proof-of-care/
Vladdirescu- Posts : 721
Reputation : 1
Join date : 2017-04-21
Similar topics» The Dollar Vigilante Becomes Experty Ambassador
» XYO Network: The First Proof of Origin Network Built on Blockchain
» XYO Network: The First Proof of Origin Network Built on Blockchain
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Smart Valor — The Future of Global Investments
» Jur — Resolving Legal Disputes with the Help of Smart Contracts
» CDRX — Blockchain Technology in the Traditional Securities Market
» NoahCoin as a Key to Borderless Facilities of Noah Project
» Iconiq Lab — New ICO Accelerator and Decentralized Investment Fund
» Raincheck — Global Bonus System and Loyalty Program on the Stellar Blockchain
» Clintex (Clinical Trials Intelligence) — Alternative Treatment of the Future
» Mobu ICO— The Future of Security Tokenization
» Codex Protocol — Blockchain-based Title Registry of Art and Collectibles
» INGOT Coin Develops An All-Inclusive Ecosystem to Bridge Markets, Revives Lost Demand
» Japan Has Announced New Five-Point Regulations for Cryptocurrency Exchanges
» Trivver — Blockchain-Based Extended Reality Ad Exchange
» OEL Foundation — Unified Logistics Blockchain Infrastructure
» Quadrant Protocol — Data Ecosystem With Authenticity And Provenance
» Pumapay Brings Crypto Payments into Daily Life, Raises $117 mln in Private Token Sale
» FlipNpik — Social Media for Local and Small Businesses based on XLM
» Japanese Bank MUFG Is Planning to Issue a Trial of Its Own Digital Currency
» Blockchain Enters Poland’s Financial Market, Namely the Credit Office
» HSBC Claims it Performed the World’s First Trade Transaction via Blockchain