[ANN] INDORSE - Decentralized Professional Network on Blockchain

[nikkid]

Where's your whitepaper? Do you create your tokens of the Ethereum platform?

Here is the white paper: https://indorse.io/static/media/Indorse-Whitepaper-v1.1.a733cc8e.pdf
Indorse is Ethereum based, the white paper will give you a detailed description of the platform

[BeBlockTech]

so I sold my Indorse tokens after a while holding. I couldn't but wonder why is the price so low despite being a good project with a team that regularly updates on their progress. It came to my attention that it is probably their IND token valuation. See Vitalik's post here:

http://vitalik.ca/general/2017/10/17/moe.html


basically, IND tokens have no inherent value, despite being the token of choice to be used in their system. The post highlights how this model does not guarantee that the IND token price goes up with more usage of the Indore platform, on the contrary it might even go down. Meaning even if the company and their project becomes successful, that success doesn't necessarily reflect on the price of the IND token.

So the company formed their ICO in such a way to collect money from investors without offering any value to their tokens. They made it clear in their whitepaper that this is the case, yet many people hoped the contrary.

Good luck to the indorse team, and hard-luck to all the investors.

That's not all mate, if you knew what I have found out about this project. I'm writing a post about it that will bring light to this whole situation.

I'm just tired of being scammed all over the place I guess , so now, I'm taking all of the ones who took my money down with me .
https://bitcointalk.org/index.php?topic=1565038.20

If people think I'm wrong once I show them the result of my research, I rather have them call me crazy. Better that, then the punishment I will be inflicting my soul for not doing the right thing when I had the opportunity to so.

INVESTORS, this guy is giving us good advice. I think we should listen to him. I seriously don't want to break the party but the things I've found about this project are way beyond of what I've mentioned before. "https://bitcointalk.org/index.php?topic=2047503.540"
There is some serious stuff going on over here. So if you choose to look over it, again, don't go complain that nobody told you so.

And @INDORSE, SHAME ON YOU! And this is something I am NOT, going to let go.

I will post a link to the post I am about to share with the community over here, @Reddit, @Steemit, and @Medium. I'm making contact with others big names who could eventually speak about it on YouTube also, so if you were planning to run, NOW, it's about the right time to start doing so...

[nikkid]

Very interesting project, new in their field, I don't understand why the project is so bad off. I hope soon the project will show itself

Don't judge this project too early this is still very young so it would take some time to grow than you will see the real potential of this platform. This is very huge idea and in coming more people will join this community till than have patience.

Social networks by nature are slow to build and to develop value. Growing an user base takes time and users have to hit a minimum before a platform has value to advertisers.

Look at Linkedin's timeline and you will get a understanding of how long this can really take
https://ourstory.linkedin.com/

[meditations1]

If you guys want more frequent updates from the team, make sure to follow out the Indorse twitter as well. https://twitter.com/joinIndorse

[GayEddie]

so I sold my Indorse tokens after a while holding. I couldn't but wonder why is the price so low despite being a good project with a team that regularly updates on their progress. It came to my attention that it is probably their IND token valuation. See Vitalik's post here:

http://vitalik.ca/general/2017/10/17/moe.html


basically, IND tokens have no inherent value, despite being the token of choice to be used in their system. The post highlights how this model does not guarantee that the IND token price goes up with more usage of the Indore platform, on the contrary it might even go down. Meaning even if the company and their project becomes successful, that success doesn't necessarily reflect on the price of the IND token.

So the company formed their ICO in such a way to collect money from investors without offering any value to their tokens. They made it clear in their whitepaper that this is the case, yet many people hoped the contrary.

Good luck to the indorse team, and hard-luck to all the investors.

That's not all mate, if you knew what I have found out about this project. I'm writing a post about it that will bring light to this whole situation.

I'm just tired of being scammed all over the place I guess , so now, I'm taking all of the ones who took my money down with me .
https://bitcointalk.org/index.php?topic=1565038.20

If people think I'm wrong once I show them the result of my research, I rather have them call me crazy. Better that, then the punishment I will be inflicting my soul for not doing the right thing when I had the opportunity to so.

INVESTORS, this guy is giving us good advice. I think we should listen to him. I seriously don't want to break the party but the things I've found about this project are way beyond of what I've mentioned before. "https://bitcointalk.org/index.php?topic=2047503.540"
There is some serious stuff going on over here. So if you choose to look over it, again, don't go complain that nobody told you so.

And @INDORSE, SHAME ON YOU! And this is something I am NOT, going to let go.

I will post a link to the post I am about to share with the community over here, @Reddit, @Steemit, and @Medium. I'm making contact with others big names who could eventually speak about it on YouTube also, so if you were planning to run, NOW, it's about the right time to start doing so...

Get a life man, blaming the team for your own investment decision, if the price is dip down , blame the market, market dictate the price. And the team answered your rant before this. Learn to read.


And your accusation of money missing is clearly shown that you really don’t know The different between market cap and fund collected during ICO.
understand first how coinmarketcap calculate the market cap.

market cap = price x circulating supply.

The amount the team collect in ICO have nothing to do with the current market cap.

[GayEddie]

https://blog.indorse.io/dev-update-4-november-2017-6fb2dba92a75

Hi BeBlockTech,

This is David Moskowitz, the CEO/Cofounder of Indorse.

Happy to answer your questions regarding the token sale.

Your theory of how the token sale was conducted is not correct.

To start with- the market cap number, we've been trying to get CoinMarket cap to update that number for a few weeks. They have just been slow to update. This is the price from the current circulating supply times the current value of each token.
Unfortunately, the price of the token has dropped drastically, dropping the market cap. It's not something we want to see happen. If you knew me, you'd know that I take such things very personally.

The reason that there are so many more tokens held in reserve is that we held 37.5% for a second issuance in about 18-24 months (explained in the whitepaper), and also the unsold tokens issued for the sale itself.  It also includes locked up tokens for the advisors, founders and employees.

I apologize if we haven't been clear on the roles of the developers, or updated the website enough with their titles etc. We were quite busy with hiring last month, and now the team has been busy working on the next version since the ICO ended and we move onto the MVP.

I'll also check on pushing updates to github.

If you have a question on the project, please let us know and I'll do my best to answer.

David


Edit- I'll put together a list of what tokens make up the current circulating supply and what is currently out of circulating and post it shortly.

Circulating Supply: 46,508,191.6650790000 IND Tokens
This is the summation of the IND sold in Seed Round, PreSale Round, Token Sale Round, Tokens kept aside for Marketing and Bounties.

The IND token contracts which relate to:

(A) Future Usage: 58,832,578.4191050000 ,
(B) Advisors and Team: 28,079,513.3884562000 ,
(C) Inflation tokens:  14,624,747.000000000000, and
(D) IND Unsold Tokens (from Token Sale Round): 22,577,013.373442100000
are NOT in the market as CIRCULATING IND TOKENS.

Total IND Tokens which are currently non-circulating=124,113,852.1810030000

David

[BeBlockTech]

so I sold my Indorse tokens after a while holding. I couldn't but wonder why is the price so low despite being a good project with a team that regularly updates on their progress. It came to my attention that it is probably their IND token valuation. See Vitalik's post here:

http://vitalik.ca/general/2017/10/17/moe.html


basically, IND tokens have no inherent value, despite being the token of choice to be used in their system. The post highlights how this model does not guarantee that the IND token price goes up with more usage of the Indore platform, on the contrary it might even go down. Meaning even if the company and their project becomes successful, that success doesn't necessarily reflect on the price of the IND token.

So the company formed their ICO in such a way to collect money from investors without offering any value to their tokens. They made it clear in their whitepaper that this is the case, yet many people hoped the contrary.

Good luck to the indorse team, and hard-luck to all the investors.

That's not all mate, if you knew what I have found out about this project. I'm writing a post about it that will bring light to this whole situation.

I'm just tired of being scammed all over the place I guess , so now, I'm taking all of the ones who took my money down with me .
https://bitcointalk.org/index.php?topic=1565038.20

If people think I'm wrong once I show them the result of my research, I rather have them call me crazy. Better that, then the punishment I will be inflicting my soul for not doing the right thing when I had the opportunity to so.

INVESTORS, this guy is giving us good advice. I think we should listen to him. I seriously don't want to break the party but the things I've found about this project are way beyond of what I've mentioned before. "https://bitcointalk.org/index.php?topic=2047503.540"
There is some serious stuff going on over here. So if you choose to look over it, again, don't go complain that nobody told you so.

And @INDORSE, SHAME ON YOU! And this is something I am NOT, going to let go.

I will post a link to the post I am about to share with the community over here, @Reddit, @Steemit, and @Medium. I'm making contact with others big names who could eventually speak about it on YouTube also, so if you were planning to run, NOW, it's about the right time to start doing so...

Get a life man, blaming the team for your own investment decision, if the price is dip down , blame the market, market dictate the price. And the team answered your rant before this. Learn to read.


And your accusation of money missing is clearly shown that you really don’t know The different between market cap and fund collected during ICO.
understand first how coinmarketcap calculate the market cap.

market cap = price x circulating supply.

The amount the team collect in ICO have nothing to do with the current market cap.

I am not blaming anyone for my investments, I'm still holding and I am ready to lose everything to prove my point. That you are stuck with your head between your legs is not my fault. If you don't like what you see here, it's very easy to scroll over... + I like pissing people like you off  ...


Thank you very much for your proposal, and actually, I think I found what I meant to do, bring such projects down. And you? What are you doing? Reacting to a stupid guy like me. For a smart guy like you,  you should know better than that. Wait for at least that you read the post and go complaint after that. But now, you come over here and fuck with a guy who doesn't clearly give a damn about your thoughts .

That you look the other way to fill your pockets it's up to you, go ahead and spend your life doing wrong and running behind a piece of paper, and go live in hell after that, after 20 years of experience with people like you, I don't blame you for that. But like I said, I am not gonna sit back and just watch this stuff going on.

Thank you very much for your input.

[BeBlockTech]

so I sold my Indorse tokens after a while holding. I couldn't but wonder why is the price so low despite being a good project with a team that regularly updates on their progress. It came to my attention that it is probably their IND token valuation. See Vitalik's post here:

http://vitalik.ca/general/2017/10/17/moe.html


basically, IND tokens have no inherent value, despite being the token of choice to be used in their system. The post highlights how this model does not guarantee that the IND token price goes up with more usage of the Indore platform, on the contrary it might even go down. Meaning even if the company and their project becomes successful, that success doesn't necessarily reflect on the price of the IND token.

So the company formed their ICO in such a way to collect money from investors without offering any value to their tokens. They made it clear in their whitepaper that this is the case, yet many people hoped the contrary.

Good luck to the indorse team, and hard-luck to all the investors.

That's not all mate, if you knew what I have found out about this project. I'm writing a post about it that will bring light to this whole situation.

I'm just tired of being scammed all over the place I guess , so now, I'm taking all of the ones who took my money down with me .
https://bitcointalk.org/index.php?topic=1565038.20

If people think I'm wrong once I show them the result of my research, I rather have them call me crazy. Better that, then the punishment I will be inflicting my soul for not doing the right thing when I had the opportunity to so.

INVESTORS, this guy is giving us good advice. I think we should listen to him. I seriously don't want to break the party but the things I've found about this project are way beyond of what I've mentioned before. "https://bitcointalk.org/index.php?topic=2047503.540"
There is some serious stuff going on over here. So if you choose to look over it, again, don't go complain that nobody told you so.

And @INDORSE, SHAME ON YOU! And this is something I am NOT, going to let go.

I will post a link to the post I am about to share with the community over here, @Reddit, @Steemit, and @Medium. I'm making contact with others big names who could eventually speak about it on YouTube also, so if you were planning to run, NOW, it's about the right time to start doing so...

Get a life man, blaming the team for your own investment decision, if the price is dip down , blame the market, market dictate the price. And the team answered your rant before this. Learn to read.


And your accusation of money missing is clearly shown that you really don’t know The different between market cap and fund collected during ICO.
understand first how coinmarketcap calculate the market cap.

market cap = price x circulating supply.

The amount the team collect in ICO have nothing to do with the current market cap.

If you think this has something to do with the value of the token, with the market cap, or with some money that I lost, all I can say is "HAHAHA", it's just money dude, it comes, it goes, and I only invest what I can afford to lose... This is about doing what I think it's right, you should try that once in a while, it gives you a wonderful feeling.

I gonna also politely propose you go and learn how to read a smart contract. Here is a nice place where you can start;
"https://etherscan.io/tx/0xcfd8dbbcec968a96295faf6668baf4da47619c31fe4fbe36fe218a0713bb0b72"

And while you're out there, take the time to learn how to follow some addresses linked to the deployment of that contract.

Let me give you a hint;
"https://etherscan.io/token/Indorse?a=0x0097ec8840e682d058b24e6e19e68358d97a6e5c"
And tell me if it's the market who's dictating the price...

And as last;
"Only individuals linked to some kind of illegal activities would think that spotting criminals is a waste of time." Think twice before you post man. As for my concern, I'm having the time of my life!!! Keep it up!

[BeBlockTech]

Like I promised . Let the community decide if I'm wrong...
https://bitcointalk.org/index.php?topic=2375395.msg24231449#msg24231449

[BeBlockTech]

Like I promised . Let the community decide if I'm wrong...
"https://bitcointalk.org/index.php?topic=2375395.msg24231449#msg24231449..."

..."https://twitter.com/BeBlockTech/status/928272698643382272"...

[BeBlockTech]

Like I promised . Let the community decide if I'm wrong...
"https://bitcointalk.org/index.php?topic=2375395.msg24231449#msg24231449..."

..."https://twitter.com/BeBlockTech/status/928272698643382272"...

..."https://medium.com/@romualdoarismendycampusano/is-indorse-io-project-legit-or-lets-go-find-out-dd60453c622a"...

[N8Biz]

Like I promised . Let the community decide if I'm wrong...
"https://bitcointalk.org/index.php?topic=2375395.msg24231449#msg24231449..."

..."https://twitter.com/BeBlockTech/status/928272698643382272"...

..."https://medium.com/@romualdoarismendycampusano/is-indorse-io-project-legit-or-lets-go-find-out-dd60453c622a"...

It's unfortunate that the CEO already squashed the FUD your speaking of with comments 548-550 and you continuously come back to this comment, then you say you're holding? Makes no sense. There has been zero traction on your articles because you were already proven wrong. I wish you the best in finding something that makes you happy!

[GayEddie]

You surely got a problem, if you are a newbie. Pls don’t act smart.

As what David CEO of indorse already wrote in your medium comment section.

The wallet that you posted holds token allocated for marketing and bounties. This is norm for every project. At least ask first before you create a FUD


And please promote your f project elsewhere.
It just a disgusting method of trying to lure people to your site . By trying to create fud and defame others.

[AlexCap]

Once one can profit from sharing of once's skills, what is the governing law so that that there be no profit tax avoidance?

[CoinAx]

From what countries do you think people will be able to share skills and activities first of all?

[BeBlockTech]

You surely got a problem, if you are a newbie. Pls don’t act smart.

As what David CEO of indorse already wrote in your medium comment section.

The wallet that you posted holds token allocated for marketing and bounties. This is norm for every project. At least ask first before you create a FUD


And please promote your f project elsewhere.
It just a disgusting method of trying to lure people to your site . By trying to create fud and defame others.

Don't you worry, I don't have any project s in mind   and like I said, the community will decide of those two accounts over here are what you guys say they are...

You guys think that everyone wants to copy some smart contract and do an ICO   , you guys would be like "If you want money, go do an ICO..." HAHAHA. No thanks, I don't have any major scam going on. If I do this, it's just because I think it's the right thing to do and it helps me sleep better to know that lot of people are going to read my comments and think twice before investing in this project, that's all. Yes, you are right, I have a thing against criminals also.

Acting smart is for smart people, me, I know I'm not smart, which is the reason I educate myself every day some more . I think you should try "Grammarly", a nice extension that helps you track the mistakes in your grammar...

By the way, my site is only for next year or so, don't even know when in fact. I just thought it was a nice name to have, so I buy it. I don't even know what the content it's going to be, so your "theory" about a project is WRONG, you are just mad I posted which I can understand, and to be honest when I saw that nobody answered I thought you guys were on the run already...

Thanks for your kindly input, very nice to chat with you. We should do this again sometime. But first I gonna ask for you to get your head out of your ASS, it's not very healthy to live like that  . Keep it up!!

With your "bounty" stuff, don't make me laugh. And we still don't know why people got 3 tokens for 6 weeks of promoting your project by the way...

Cause I'm a "newbie" (lol) I will let the community decide if those 2 addresses are for your "bounty stuff."
"https://etherscan.io/token/Indorse?a=0x0097ec8840e682d058b24e6e19e68358d97a6e5c"
"https://etherscan.io/token/Indorse?a=0x72002915559a0b586e8b71349f15679a9e784d22"

[lehard]

I think the developers will soon appear in this thread and will answer all your questions.

[nikkid]

Once one can profit from sharing of once's skills, what is the governing law so that that there be no profit tax avoidance?

I think that will be individual by country and  a lot of countries have already written laws about being paid in Cryptocurrency
Here is a Forbes article on how the US handles the Cryptocurreny economy

https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/greatspeculations/2017/07/10/what-you-need-to-know-about-cryptocurrencies-and-taxes/&refURL=https://www.google.com/&referrer=https://www.google.com/

[avadhoot]

From what countries do you think people will be able to share skills and activities first of all?

Anyone from anywhere around the globe will be able to share skills on the Indorse platform. Indorse is not specifically focused on any particular region.

If you meant to ask from which countries people will share the skills: that's hard to say. Our mission is to have anyone and everyone on the platform who can prove their skills or can make sure skills shared by others are the valid ones; irrespective of where they're from or where they're located.

If you're talking about analytics, we'll be able to get more data once we launch our beta which is happening pretty soon. I'll update this thread with the details as soon as we get them.

[meditations1]

I think the developers will soon appear in this thread and will answer all your questions.

Yup, they are pretty active. Love that about Indorse.