[ANN] INDORSE - Decentralized Professional Network on Blockchain

[newcoin01]

Indorse Token Relay on the Bancor Protocol — Live!

We are happy to announce the launch of the Indorse Token relay on the Bancor protocol.

The token relay allows for the trustless conversion of IND to BNT or Ether using a smart contract. The token relay was funded with 462,873.524593 IND tokens. A total of 712,174.7148 IND were purchased by Indorse on the Liqui exchange between October 6, and October 14, 2017 to initially fund the contract. The purchases were staggered to avoid influencing the market price of the tokens. The average price of the purchase was 0.000351037 ETH/IND. 250 Ether was used to make this purchase. Because of the delay between the purchase and relay funding and fluctuating IND and BNT price, not all the IND tokens were used in the relay. The balance of tokens will be used for future use as needed for liquidity providers such as this relay.

Although we could have used tokens available from other existing allocations such as marketing, a decision was made to purchase the tokens instead since this is for adding liquidity, and should not increase the amount of tokens currently available on the market. By purchasing the tokens on the open market we move tokens from one liquidity provider to another without increasing the supply in the market.

The fee on the relay transactions will be 0.1% on each side, or 0.2% in total. This helps to further incentivize market makers to supply IND and BNT for further funding of the relay.

To fund the BNT side, we purchased 110 ETH worth of BNT using the Bancor smart contract on December 5, 2017. This resulted in 18,526.55342614090574417 BNT being purchased. This has been used to fund the other 50% of the relay required to provide the trading liquidity of IND to BNT.

You may now buy or sell IND directly with ETH or BNT (or other tokens such as GNO, ENJ, STX) using the relay contract with the Bancor App

https://blog.indorse.io/indorse-token-relay-on-the-bancor-protocol-live-8f65abe1dc9c

Thanks. And it was good move that that buy from the market instead of using the company tokens. And the price is much below the ICO

[1715668228]

1715668228

[1715668228]

1715668228

[yadan86]

Indorse Token Relay on the Bancor Protocol — Live!

We are happy to announce the launch of the Indorse Token relay on the Bancor protocol.

The token relay allows for the trustless conversion of IND to BNT or Ether using a smart contract. The token relay was funded with 462,873.524593 IND tokens. A total of 712,174.7148 IND were purchased by Indorse on the Liqui exchange between October 6, and October 14, 2017 to initially fund the contract. The purchases were staggered to avoid influencing the market price of the tokens. The average price of the purchase was 0.000351037 ETH/IND. 250 Ether was used to make this purchase. Because of the delay between the purchase and relay funding and fluctuating IND and BNT price, not all the IND tokens were used in the relay. The balance of tokens will be used for future use as needed for liquidity providers such as this relay.

Although we could have used tokens available from other existing allocations such as marketing, a decision was made to purchase the tokens instead since this is for adding liquidity, and should not increase the amount of tokens currently available on the market. By purchasing the tokens on the open market we move tokens from one liquidity provider to another without increasing the supply in the market.

The fee on the relay transactions will be 0.1% on each side, or 0.2% in total. This helps to further incentivize market makers to supply IND and BNT for further funding of the relay.

To fund the BNT side, we purchased 110 ETH worth of BNT using the Bancor smart contract on December 5, 2017. This resulted in 18,526.55342614090574417 BNT being purchased. This has been used to fund the other 50% of the relay required to provide the trading liquidity of IND to BNT.

You may now buy or sell IND directly with ETH or BNT (or other tokens such as GNO, ENJ, STX) using the relay contract with the Bancor App

https://blog.indorse.io/indorse-token-relay-on-the-bancor-protocol-live-8f65abe1dc9c

Thanks. And it was good move that that buy from the market instead of using the company tokens. And the price is much below the ICO

good news for community ,i think the eth price is pumping now,this is the main reason why price so low right now,hope the price will stable and up to price of ICO in future.  

[herromerro]

Indorse Token Relay on the Bancor Protocol — Live!

We are happy to announce the launch of the Indorse Token relay on the Bancor protocol.

The token relay allows for the trustless conversion of IND to BNT or Ether using a smart contract. The token relay was funded with 462,873.524593 IND tokens. A total of 712,174.7148 IND were purchased by Indorse on the Liqui exchange between October 6, and October 14, 2017 to initially fund the contract. The purchases were staggered to avoid influencing the market price of the tokens. The average price of the purchase was 0.000351037 ETH/IND. 250 Ether was used to make this purchase. Because of the delay between the purchase and relay funding and fluctuating IND and BNT price, not all the IND tokens were used in the relay. The balance of tokens will be used for future use as needed for liquidity providers such as this relay.

Although we could have used tokens available from other existing allocations such as marketing, a decision was made to purchase the tokens instead since this is for adding liquidity, and should not increase the amount of tokens currently available on the market. By purchasing the tokens on the open market we move tokens from one liquidity provider to another without increasing the supply in the market.

The fee on the relay transactions will be 0.1% on each side, or 0.2% in total. This helps to further incentivize market makers to supply IND and BNT for further funding of the relay.

To fund the BNT side, we purchased 110 ETH worth of BNT using the Bancor smart contract on December 5, 2017. This resulted in 18,526.55342614090574417 BNT being purchased. This has been used to fund the other 50% of the relay required to provide the trading liquidity of IND to BNT.

You may now buy or sell IND directly with ETH or BNT (or other tokens such as GNO, ENJ, STX) using the relay contract with the Bancor App

https://blog.indorse.io/indorse-token-relay-on-the-bancor-protocol-live-8f65abe1dc9c

Thanks. And it was good move that that buy from the market instead of using the company tokens. And the price is much below the ICO

good news for community ,i think the eth price is pumping now,this is the main reason why price so low right now,hope the price will stable and up to price of ICO in future.  

I'm not sure. Because price was always below the ICO price.
And good move team. Also they have enough additional IND for future liquidty providers.

[polystyrenefussy]

The potential of this project is very good, coupled with a team that has great ability (judging by how the team answers all the questions in this forum)

[rajrac]

It was liqui where the price looked supressed, as from now, expect some bulls

[Budycakrog]

indorse so far on market , price under value on ico i think it must to hold for this token until price in market raise uhope price on market in future going up  , i see for this token it can be potensial growing in a new year ,and more people intersted for review indorse

[Camus]

So when will we see any events on coinmarketcal? It would give a very good effect for the price

[Sitimunirah]

Indorse Token Relay on the Bancor Protocol — Live!

We are happy to announce the launch of the Indorse Token relay on the Bancor protocol.

The token relay allows for the trustless conversion of IND to BNT or Ether using a smart contract. The token relay was funded with 462,873.524593 IND tokens. A total of 712,174.7148 IND were purchased by Indorse on the Liqui exchange between October 6, and October 14, 2017 to initially fund the contract. The purchases were staggered to avoid influencing the market price of the tokens. The average price of the purchase was 0.000351037 ETH/IND. 250 Ether was used to make this purchase. Because of the delay between the purchase and relay funding and fluctuating IND and BNT price, not all the IND tokens were used in the relay. The balance of tokens will be used for future use as needed for liquidity providers such as this relay.

Although we could have used tokens available from other existing allocations such as marketing, a decision was made to purchase the tokens instead since this is for adding liquidity, and should not increase the amount of tokens currently available on the market. By purchasing the tokens on the open market we move tokens from one liquidity provider to another without increasing the supply in the market.

The fee on the relay transactions will be 0.1% on each side, or 0.2% in total. This helps to further incentivize market makers to supply IND and BNT for further funding of the relay.

To fund the BNT side, we purchased 110 ETH worth of BNT using the Bancor smart contract on December 5, 2017. This resulted in 18,526.55342614090574417 BNT being purchased. This has been used to fund the other 50% of the relay required to provide the trading liquidity of IND to BNT.

You may now buy or sell IND directly with ETH or BNT (or other tokens such as GNO, ENJ, STX) using the relay contract with the Bancor App

https://blog.indorse.io/indorse-token-relay-on-the-bancor-protocol-live-8f65abe1dc9c

Well not sure if this is a good move or not, but at least we have one extra exchanges to go to

[Sitimunirah]

indorse so far on market , price under value on ico i think it must to hold for this token until price in market raise uhope price on market in future going up  , i see for this token it can be potensial growing in a new year ,and more people intersted for review indorse

I cant see the price to go up more than 0.1$ right now.
It will stay this price if no new exchanges list ind

[avadhoot]

We are happy to announce the listing of the IND token on the RightBTC Exchange 🙌

https://t.co/ZaDMwr1uYM

[rajrac]

Looks like it needs big exchange like bittrex to get IND going. Price is frozen.

[identifyuser]

We are happy to announce the listing of the IND token on the RightBTC Exchange 🙌

https://t.co/ZaDMwr1uYM

This exchange will not save the price, the price did not move Need a bigger exchange

[Sitimunirah]

We are happy to announce the listing of the IND token on the RightBTC Exchange 🙌

https://t.co/ZaDMwr1uYM

That doesn’t sound Right.
*Pun intended*

Never heard that exchanges... can’t you just get us on normal and big exchanges instead.

[Xandan]

Cryptomarkets needs more and more exchanges with the increasing demand and we will see some good exchanges coming out of these newly appeared on the stage. Bittrex had name but currently there are lot of issues of which people are not happy. Indorse team is looking for side opportunities to list IND there among them some big exchange can balance all.

[rajrac]

 while all cryptos are flying high,Indorse price is stuck, anyone has any clue why it is like this?

[naska21]

while all cryptos are flying high,Indorse price is stuck, anyone has any clue why it is like this?

It needs to become a force of the masses to get any real traction. Diversification of Indorce community seems to be the key to success.

[jtalk]

Those are very active and hard working guys behind the project so let the time to achieve whatever they are working on. Judging any token or coin by that's market valuation at some specific moment isn't measure. IND will have its time and the lower market means the huge profit on your risk in future.

[avadhoot]

Announcing Collaboration with Serviceplan

We are excited to announce collaboration with Serviceplan, one of the largest independent agency groups worldwide, to transform the Indorse platform. Serviceplan is a Leading Global Agency with a prominent clientele that includes BMW, IKEA and Lufthansa. They will work with Indorse on re-branding, user experience and communication strategy.

Read more: https://blog.indorse.io/announcing-collaboration-with-serviceplan-f5d9e4f09618

[NetFreak199]

Announcing Collaboration with Serviceplan

We are excited to announce collaboration with Serviceplan, one of the largest independent agency groups worldwide, to transform the Indorse platform. Serviceplan is a Leading Global Agency with a prominent clientele that includes BMW, IKEA and Lufthansa. They will work with Indorse on re-branding, user experience and communication strategy.

Read more: https://blog.indorse.io/announcing-collaboration-with-serviceplan-f5d9e4f09618

Great news. I wiould like more such news I hope it will great collaboration and creative campaigns

[The Goat Master]

Announcing Collaboration with Serviceplan

We are excited to announce collaboration with Serviceplan, one of the largest independent agency groups worldwide, to transform the Indorse platform. Serviceplan is a Leading Global Agency with a prominent clientele that includes BMW, IKEA and Lufthansa. They will work with Indorse on re-branding, user experience and communication strategy.

Read more: https://blog.indorse.io/announcing-collaboration-with-serviceplan-f5d9e4f09618

Indorse is so new, why do you need to be rebranded? Just for marketing or something else?