Started in 2014, Springrole is one of the few blockchain companies with relevant history and experience. Springrole revolutionizes the process of staffing by empowering individuals through incentivization of networking players: institutions and individuals. By enabling a feedback ecosystem built around a network of individuals and companies, Springrole is able to ensure multiple trust safety nets around information that is provided.
Springrole unites the ecosystem of education institutions, individuals and companies. The verification of profiles on the Springrole platform is endorsed by universities and employers. There is a cost attached to making endorsements: with the relevant institutions and employers able to protect their reputation and also earning SPRING tokens in the process. In addition, to complete the loop of the cost, the endorsements are only rewarded when the party endorsed is able to be hired or paid as a result of an earlier endorsement. You can also be able to reject an endorsement, making this impossible for anyone to randomly give out endorsements.
Milestones so far
Private sale target of $1.3 million reached.
Currently, the public pre-sale is ongoing.
The fact that the hard cap is a bit reasonable, and not too high, about $12 million makes Springrole a very attractive investment. The current premier platform for recruitment is Linkedin, bought by Microsoft for a whooping $26 billion. The future of the professional networking industry is projected to grow tremendously.
A glowing community. Currently, Springrole’s telegram is the most preferred platform for dissemination of information and also for investors to interact with the project team. The official telegram for Springrole numbers more than 60,000 members as we speak.
As of May 25, more than 14.5k users had already registered on the online Springrole Beta.
On the horizon, is the network launch in July which will be closely followed by distribution of tokens after the token sale.
Airdrop and Bounty campaign
After the ICO, some of the factors that impact the token price is the airdrop and bounty campaign allocation tokens and how they are unlocked. Springrole has conducted an airdrop(referral airdrop earning through registration on the online Springrole platform) and a bounty campaign.
Opportunity
The freelance industry is the way of the workplace in the 21st century and has been growing almost with the same graph as the Internet. While this creates opportunity of a global talent pool, there is also the simultaneous gap of fraud prevalence. The current hiring setup for organizations is impeded by parties on both sides. In the most extreme cases, due to cheating, not always do the best candidates fail to get the opportunity for the job but also companies are unable to land the best talent for their needs.
There is a multilayer opportunity that Springrole can be able to achieve by building their own blockchain instead of creating a dapp. It will be convenient to build the professional network from the ground up with the preferred requirements coded in the underlying protocol such as trustless measures. The value of a blockchain also allows for easy future upgrades.
Springrole can be able to plug in to the direct opportunity of verifying student progress and achievement on certified MOOC providers like Coursera and Udemy.
A novel way of working
The SpringRole platform is robust and in addition to creating a one stop platform for establishing and verifying user profiles it offers an opportunity for job seekers to meet potential employees and job opportunities. Companies can offer freelance projects on the online platform of Springrole and qualified candidates who are able to meet set goals can get rewarded in SPRING tokens. What makes this even better is that unlike popular freelance platforms like Fiverr, a smart contract can be created to define the interaction between the company and the freelancer. Rewards can be released upon both parties meeting pre-defined targets for instance upon satisfaction of the freelancer’s submission the rewards which could be held in escrow can be released to the freelancer.
Important links:
Springrole website: https://springrole.com/
Springrole telegram: https://t.me/springrole
Announcement thread: https://bitcointalk.org/index.php?topic=3556999.0
Bounty thread: https://bitcointalk.org/index.php?topic=3602729.0
My bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1128840;sa=summary