Check our new community member Jared's review of BitJob! Amazing to have community members like this!
After doing some dumpster diving on Coinmarketcap during this last alt-coin rally, I think I may have found an awesome investment opportunity.
It's called bitJob (STU token). BitJob's goal is to create a worldwide student-based economy. It consists of a jobs marketplace connecting college students and employers from around the world to accomplish part-time jobs while giving students the opportunity to gain job experience in their fields of study, rather than having to work jobs that are useless to their potential future careers (bar tending, waiting tables, etc). Students are paid in STU tokens (or PayPal) and their resumes are stored on the blockchain where their employers can rate them on various aspects of their work. This is a great opportunity for students to have a verifiable resume to show potential future employers.
In addition to the jobs marketplace, IMO the most exciting aspect of the project is the student-based economy. BitJob will have an online marketplace and the team is working with many universities from around the world to integrate STU tokens into their student unions and businesses around campuses. By spending their STU tokens students will receive a discount on books, supplies, food, entertainment, and even plane tickets. The discount on goods and services for purchases using STU tokens will provide an additional incentive (the other incentive being appreciation of the token value) for students to get paid in STU rather than fiat via PayPal.
Half of the 200 million STU tokens are being held to provide incentives over the next 6 years for colleges and businesses to become a part of the bitJob ecosystem. The current market cap is very small at $2.9 million. There are currently 48 million STU tokens in circulation at a price of $0.06 / 600 SATs.
The potential market is huge. BitJob is doing something truly unique in both terms of blockchain and technology in general. While there are no direct competitors in the space, the US company Chegg who caters exclusively to students (textbook rentals and online homework help) has a market cap of $1.82 billion.
The team is mostly Israeli and fairly large, consisting of people with work experience for many major tech companies. Their team of advisors includes the director of finance at UCLA, lead security architect from Ripple (formerly HSBC), and program leader of Blockchain projects for the Dutch government.
I spent a good bit of time researching this project and really believe it could take off. It solves a real problem and has a great team that could deliver on their goals. They've been working on this project for years now and have already met many of their objectives. They are fairly active on social media, although their following has room to grow.
They're currently rebranding with a new website coming in the next couple of weeks, they'll be listed on 2 more exchanges in the next month, and their test net and pilot program will be launching this quarter as a partnership with the Dutch government. Their most recent Medium post also mentions more partnerships that they are in the process of finalizing, including a major accounting firm.
Posted below are links to Coinmarketcap, their medium posts, an ICO review by Crypto Trader, and a presentation that the team gave to the Dutch government. Let me know what you think!
https://coinmarketcap.com/currencies/student-coin/https://medium.com/bitjobICO Review
https://www.youtube.com/watch?v=O0xseLmXZJgPresentation to the Dutch government
https://www.youtube.com/watch?v=JbsMbXVSB2k
