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Author Topic: [ANN] Collabs - Decentralized collaboration driven by professional communilty  (Read 346 times)
EugeneAS (OP)
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December 15, 2017, 02:08:53 PM
Last edit: December 19, 2017, 02:36:12 PM by EugeneAS
 #1

https://i.imgur.com/eNnY4mM.jpg



 
  Collabs

 Decentralized Collaboration System Driven by Professional Community




We introduce a global, decentralized protocol and platform for collaboration.

Evolution of humankind is the evolution of collaboration. All significant achievements of humanity throughout history, whether it's building the pyramids or sending humans into space, have been based not on individual abilities, but on the ability to cooperate flexibly in large numbers.




Problem
There are fundamental problems of collaboration that come from market inefficiencies
and create transaction costs.


https://i.imgur.com/Kq5cbe1.pngAsymmetry of information; search and information costs.
In most cases, parties have incomplete and asymmetric information about each other. It is time-consuming and requires significant resources to search professionals, collect reliable information, and verify information regarding their expertise.
https://i.imgur.com/bllxHSX.pngMeasurement costs & incomplete contracts.
Sometimes, it’s impossible to define unspecifiable contract requirements and difficult to determine if the product or service fulfills contract requirements. Due to imprecise performance measurement parties are unable to articulate realistic and detailed contract terms in advance.
https://i.imgur.com/S4VhkZW.pngEnforcement & conflict resolution costs.
Recourse to court is very expensive and time-consuming. For a big number of contracts, it does not make economic sense to resolve conflicts via court.

All of these create a low level of trust among the companies, teams, and individuals which did not work previously together.



Solution
A layer of professional expertise powered by Ethereum and IPFS.


Collabs protocol
Combines blockchain technologies with a cooperation ruleset to create a trustful environment for any sort of collaborations and reduce transaction costs.
Collabs platform
The first decentralized application based on our protocol. Provides user-friendly interface for diverse collaboration scenarios and enables all sorts of collaborations even among people and companies without deep blockchain knowledge.
                                 



Collabs Protocol
The Collabs protocol allows all sorts of organizations to integrate decentralized components of collaboration assessment. It provides trustworthy information about potential partners, quality expertise attestation, and dispute resolution mechanism. Collabs motivates professional behavior even under incomplete contracts and significantly reduces the transaction costs of cooperation and builds trust within the network. This way it enables all parties to cooperate freely and securely beyond borders.


Here are main components of the protocol:

  • Collaboration passport
To enable transparency and validity of information to secure effective collaboration, we use Ethereum blockchain along with BigchainDB and decentralized file system IFPS to store and distribute collaboration data. Each member will have a “collaboration passport”, which will include information about all actions done in the system: collaborations, reviews, dispute resolution results, expertise assessment. It’s critical that our users will own their data and will be able to transfer it between services.
  • Attestation
We build our network around the principles of professional expertise. So we need to validate members’ experience and knowledge in their chosen fields before they can participate in the collaborations and vote on cases in their expertise areas. For this, we create an autonomous and scalable process of attestation of new users’ expertise. It will allow users to transfer off-chain expertise and achievements into the system.
  • Contract
When two parties of collaboration agree on the terms, the contract is fixed in Ethereum blockchain. The funds promised in the contract are sent to escrow. The contract fee allows making  a new entry in the blockchain. After the contributor performed the work, the initiator can either accept or reject it. When the work is accepted, the funds from escrow automatically go to the contributor. Otherwise a dispute can be arised.
  • Dispute mechanism
In the vast majority of cases we expect that collaboration parties will reach a consensus on their own. However, we need to design a reliable dispute mechanism for the minority of cases where the consensus between the parties was not reached. As many tasks require certain level of expertise we allow only members with comparable experience in the field to judge the case. At the same time, in order to limit opportunistic behaviour, each dispute has a dispute price and each expert’s decision on the dispute influences his expertise level. This way we strive to create objective and transparent dispute mechanism.
  • Incentive mechanism
One of the primary purposes of the network is to make it economically viable for all members to perform professionally. To align incentives to behave professionally among all network participants we introduce the Expertise (EXP) token. EXP drives professional behavior and serves as a quantitative measurement of users’ expertise and reputation. It cannot be bought or transferred, and incorporates all works a user performed and all decisions she or he made.
  • API — Foundation for collaborative apps
Collabs API enables developers to integrate decentralized collaborative components and build new products on the basis of the protocol to further enhance collaboration process.

The protocol is intended to be flexible and extensible. The network members can propose a new approach for protocol mechanics and vote for their implementation. This policy helps to eliminate possible inefficiencies and improve mechanics with time.
By the beginning of our token generation event we will provide an extended list of possible applications and disclose early partners who will use our protocol.




Collabs Platform


The platform provides access to instruments and tools for collaboration and project development: network of top-notch contributors, tools to find partners and collaborate effortlessly, and integrated mechanisms enabling transparency and trustworthiness. Here are some its features:

Collaboration catalog
To make it easy to find relevant partners with required expertise, we will create visual profiles with complete information about participants, including portfolios and reviews.

Collaboration passports
All projects, members, and tasks will be required to create collaboration passports with history of all collaborations verified in blockchain. Members themselves will manage accessibility of their passports. Every open passport will be accessible to all members of the network and transferable to services outside our application.

Wizards and tools:
  • Passports wizard
  • Collaboration planning and tracking wizard
  • Token generation wizard
  • Attestation interface
  • Dispute resolution wizard




ABC token
Along with expertise and reputation assessment, we need a liquid asset which would be used as a payment method for system services or as one of the payment options for collaborations.
ABC will also be used as a reward for the services rendered by the user to the system itself (see below). ABC will be introduced as a pure utility token and will be openly tradable.






Roadmap




Team
https://i.imgur.com/IdSw0RT.jpgAnton Pronkin - Strategy
Founder of Agile Buro venture fund. Founded Kula Tech with $2 mln funding and top clients such as Elle, Maxim, Mail.ru, Hubert Burda Media. 15 apps co-created and managed by Anton were featured by Apple. One of them, Big Mag app based on Kula technology, is in top 7 apps in Russia. Prior to Kula.Tech, Anton founded and sold a chain of toy stores with a gross revenue more than $1 mln.
    https://i.imgur.com/fZrEnLr.jpgZhanna Sharipova - Marketing
Co-founded Agile Buro venture fund. She was a marketing director of top real estate developer with $0.5 billion sales, where she re-launched the brand, grew awareness x3, achieved double-digit sales growth. Prior to that, she co-founded Dish.fm and was a brand manager at P&G, where she led the biggest brand in CEEMEA, achieved sales and profit growth even during the 2008 crisis. BSc London School of Economics, with honors.
https://i.imgur.com/pa9kcvt.jpgDilyara Mingalieva - Operations
Dilyara has 12+ years of management consulting and entrepreneurship experience. Dilyara was a senior manager at A.T. Kearney, top 5 global management consulting company. Being based in San Francisco, she focuses on Digital Strategy, Transformation, and corporate innovation projects for Fortune 500 companies in U.S. and mentors B2C startups. Previously she co-founded Dish.fm and took leadership positions in Monitor Group / Deloitte, Unilever.
    https://i.imgur.com/v1S63cD.jpgAndrey Kulikov - Finance
Brings 10+ years of experience in corporate finance, venture capital, and M&A with a proven track record of deal execution, due diligence, and reporting. Currently, he is leading in IR, M&A and transaction support for several tech companies in the field of e-payments and marketplaces. Before that, he was a consultant at Financial Advisory Services at Moscow office of Deloitte and Investment manager at Fast Lane Ventures. BSc London School of Economics.
https://i.imgur.com/lUbunPv.jpgIlya Sergeev - Technology
Ilya has worked on various projects from front-end development to data science and blockchain. Being a lead developer at Alfa laboratory, Ilya created a first blockchain project for Alfa Bank Russia and developed S7 Airlines blockchain project for selling tickets. Former lead Java developer at Rosgosstrakh. Took third place at Reinforcement Learning algorithms in MIPT Russia.
    https://i.imgur.com/Fq4NhuU.jpgRoman Hafizyanov -  Technology
A serial maker with seven years in IT-development. In 2016 Roman created integram.org, an award-winning integrations platform for Telegram messenger that was used by more than 10000 developers around the world. Previously he worked in the development team of peer2.cash — a platform to find the best prices to exchange between fiat money and cryptocurrencies.
https://i.imgur.com/SlQqZD6.jpgDenis Batvinkin - Technology
A lead mobile developer with 12 years of software development. In 2016 Denis joined Rambler and lead iOS team for Lenta.ru, Livejournal, Afisha Eda and Rambler mail. Previously he has developed various Java and iOS applications, led Java developers team at 2memory and worked at R&D team at Giesecke&Devrient.
    https://i.imgur.com/NgwbZYZ.jpgKonstantin Ivanov - Technology
Has a good track record in delivering usable Android apps. In 2014 he grew fond of programming and started working at Kula.Tech. Ever since he has developed 7 apps including BigMag, lilWorld, Mlvch, Maxim, Elle and Moscow Multimedia Arts Museum guide. Since 2017 Konstantin has been working with backend and developing smart-contracts.
https://i.imgur.com/ASwmvJT.jpgValentin Eyubolu - Technology
An experienced senior iOS developer. Since 2011 Valentin has developed 11 apps for iOS. 5 of these apps were featured by Apple. Led iOS development at Agile Buro. Previously Valentin co-founded and performed the role of CTO at Beat the bushes, a next generation lost and found service.
    https://i.imgur.com/tSXPe8Q.jpgNikolay Lavrentiev - Management
An entrepreneur with work experience in private equity funds and investment banks in e-commerce and retail segments, Nikolay has started his career in 2008 as a financial analyst at Deutsche bank. In 2011 he decided to create his own business and founded showrooms.ru — an e-trading platform with investments in the amount of $1 million and $250 thousands annual turnover. Holds Ph.D. in Economics.
https://i.imgur.com/G9eyBG0.jpgSergey Kruglov - Creative
With 5+ years experience in interactive design, Sergey has a strong track record in delivering usable and beautiful designs for cultural, commercial and editorial clients. Designed digital products at Agile Buro, developed Life.ru and Splat among his previous projects.
    https://i.imgur.com/tQ45Ys6.jpgAnna Kochetkova - Marketing
A community manager with extensive experience in social communications. Led communications at Agile Buro. Previously led marketing in 2memory, where she doubled downloads of mobile applications and increased sales by 32%.

https://i.imgur.com/hcRFbTK.jpgKarina Lvova - Marketing
5+ years in #1 independent digital agency in Russia. Karina led communications team for Sberbank, establishing brand presence in 7 social networks and the client service center with 7000 daily requests. She also led creation of #1 socially devoted brand in Russia (SocialBakers), #1 bank community (Frank Research Group) and the #1 branded community in Russia (Frank RG). Developed and executed several integrated advertising campaigns for industry leaders including P&G and Reckitt Benckiser.
    https://i.imgur.com/79XDvB0.jpgSvetlana Vasilieva - Legal
A lawyer with specialization in international public and private laws, Svetlana consults individuals and legal entities and lectures at the Plekhanov Russian University of Economics during the "Doing business in Russia" course in English, and at the Russian University of Justice. Before that Svetlana was a corporate lawyer in the Danish company and executive Director of Sovetnik. Translated legislative acts of the European Union for publishing house "Business Books”.
https://i.imgur.com/ybamtto.jpgMikhail Semenov - Management
A project manager with financial entrepreneurship background, he contributes a great deal of experience to Collabs. In Agile Buro Mikhail led product development teams for Nobel Mart and QB. Before that, he co-founded a local food delivery project in 2016. Ex-CFO at education equipment company INT Group, where he restructured accounts receivables, led and completed merger deals. Holds BSc London School of Economics.
    https://i.imgur.com/sXjutu3.jpgAnton Barulenkov - Creative
Brings exceptional talent and passion to the team. In 2016 he co-founded Mlvch, a revolutionary photo-editing application that transforms images into artworks with the help of neural networks. Among applications and products, he developed three were featured by Apple and by noted by international media such as TechCrunch, Entrepreneur, Mashable, MakeUseOf. Awarded by TheNextWeb for best design of Dish.fm mobile app.



Advisors
To amplify the project we take advice from skilled specialists from world class companies such as Google, McKinsey, BCG, J.P. Morgan, Citi and others.


https://i.imgur.com/2SrHcqZ.jpgAdam Broitman
San Francisco
Recognized by iMedia’s top 25 Internet Marketing Leaders and Innovators, Broitman is known for devising effective creative strategies that live at the cross section of technology and marketing. Managing Partner at MEC. Board advisor Kiip. Ex-Vice President Global Digital Marketing, Mastercard.
    https://i.imgur.com/FHAz3Gv.jpgSam Lee
San Francisco
Monetization & growth strategy lead at LinkedIn; ex-manager at Monitor Group / Deloitte. More than 16 years experience in growth, go-to-market, monetization strategies and scenario planning for leading U.S. companies.

https://i.imgur.com/QmtMsTd.jpgStepan Gershuni
Moscow
Crypto and blockchain expert. Co-founded Blocknotary, blockchain-enabled video interviews for remote identity verification. Partner at bits.capital.
    https://i.imgur.com/k0ReDJ4.jpgMaria Frolova
San Francisco
15 years of experience in M&A, startups, corporate finance and corporate development, capital raising. Corporate development director Efi. Ex-Vice President / Executive Director J.P. Morgan.

https://i.imgur.com/Afn8IZP.jpgDmitry Yermolayev
New York
Vice President at Citi Finance, New York. Professional with experience in US and the emerging markets. Dmitry worked in business strategy and client management roles across banking, insurance and technology start-up sectors.
    https://i.imgur.com/IgpTGLh.jpgOlga Suvorova
San Francisco
Global brand & product marketing lead at Google, ex Brand Management at Procter & Gamble, the Wharton School diploma; 10+ years of global product, brand and consumer marketing experience in CPG and tech industries.

https://i.imgur.com/mpkvO47.jpgAlexey Kalinichenko
San Francisco
18 years experience of building real world software systems that scale to millions of users. CTO Token.io, architected most of the payments stack at Square. Technical lead on the Google docs platform team. Ex-software engineer at Microsoft.
    https://i.imgur.com/uipyDOn.jpgAlla Lavrentieva
Moscow
Director, Valuations at PWC. 10+ years pf experience in valuation consulting and corporate finance within Russian Big4. Alla worked with Mail.ru Group, Yandex.money, Delivery club, Foodpanda, iTech Capital, Rocket Internet, Winter Capital etc.

https://i.imgur.com/MSga8Ff.jpgKirill Ignakhin
Moscow
Real-estate and construction industries expert, 10 years experience in operations improvement, strategy development and consumer goods. CEO Level Group. Ex-engagement manager at McKinsey & Co. MBA INSEAD.
    https://i.imgur.com/TgDwq7S.jpgOlga Hladkaya
Moscow
12 years experience in strategy development, marketing and new market entry. Project Leader at The Boston Consulting Group with focus on FMCG, retail and healthcare. Ex-brand manager Procter and Gamble. MBA INSEAD.





         



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December 15, 2017, 02:13:14 PM
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December 15, 2017, 02:55:58 PM
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December 15, 2017, 03:59:06 PM
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Hi everyone! Just added Collabs ICO to my website https://concourseq.io/Q/Collabs. ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB
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December 15, 2017, 09:29:34 PM
 #5

hi sir, I am very interested white your project. let me know if you need indonesian translator..  Wink

bitcointalk username : onetoniro
bitcointalk link : https://bitcointalk.org/index.php?action=profile;u=118030
language : Indonesian
telegram : @iwantoniro
ETH : 0x133B44B164ACF061814513B208688Db1De4646E3

previous translations links :
ANN
SmartBillions https://bitcointalk.org/index.php?topic=2215464.0
Feeed https://bitcointalk.org/index.php?topic=2219838.0
CoinPennant https://bitcointalk.org/index.php?topic=2224246.0
Storiqa https://bitcointalk.org/index.php?topic=2238661.0
Kitex https://bitcointalk.org/index.php?topic=2227542.0
Indigo https://bitcointalk.org/index.php?topic=2255329.0
Routrip https://bitcointalk.org/index.php?topic=2258492.0
Battle of titans https://bitcointalk.org/index.php?topic=2267480.0
Etheal https://bitcointalk.org/index.php?topic=2270799.0
Token Security Scheme https://bitcointalk.org/index.php?topic=2274107.0
Artex https://bitcointalk.org/index.php?topic=2285802.0
Zenome https://bitcointalk.org/index.php?topic=2303215.0
Ankorus https://bitcointalk.org/index.php?topic=2321854.0
Metta https://bitcointalk.org/index.php?topic=2365828.0
Foreground https://bitcointalk.org/index.php?topic=2393588.0
Clout https://bitcointalk.org/index.php?topic=2394257.0
Global Mining Token https://bitcointalk.org/index.php?topic=2451236.0
Darico https://bitcointalk.org/index.php?topic=2462198.0
C https://bitcointalk.org/index.php?topic=2547756.0
Crowd Machine https://bitcointalk.org/index.php?topic=2559242.0
altOWL https://bitcointalk.org/index.php?topic=2583335.0
Cryptonaut https://bitcointalk.org/index.php?topic=2592771.0

Bounty
CoinPennant https://bitcointalk.org/index.php?topic=2224287.0
Storiqa https://bitcointalk.org/index.php?topic=2239040.0
Etheal https://bitcointalk.org/index.php?topic=2270808.0
Artex https://bitcointalk.org/index.php?topic=2285802.msg23200357#msg23200357
Ankorus https://bitcointalk.org/index.php?topic=2321854.msg23586974#msg23586974
Metta https://bitcointalk.org/index.php?topic=2365828.msg24126376#msg24126376
Clout https://bitcointalk.org/index.php?topic=2394257.msg24474306#msg24474306
Darico https://bitcointalk.org/index.php?topic=2462198.msg25219310#msg25219310
C https://bitcointalk.org/index.php?topic=2547756.msg25963965#msg25963965
Crowd Machine https://bitcointalk.org/index.php?topic=2559242.msg26070620#msg26070620
altOWL https://bitcointalk.org/index.php?topic=2583335.msg26307211#msg26307211
Cryptonaut https://bitcointalk.org/index.php?topic=2592771.msg26396267#msg26396267


Whitepaper
Kitex https://drive.google.com/file/d/0Bz1OjFWD1wdBLXFQYWpjOWJweTQ/view
Token Security Scheme https://drive.google.com/file/d/0Bz1OjFWD1wdBSmpSME8wb0s3WE0/view
RouTrip https://drive.google.com/file/d/0Bz1OjFWD1wdBdUI2Yng1Y2xoMjQ/view
Battle of Titans https://drive.google.com/file/d/0Bz1OjFWD1wdBYkN5dXQwdWhEclE/view
Etheal https://drive.google.com/file/d/0Bz1OjFWD1wdBMm1Jb0xRaGtaMDA/view
Artex https://drive.google.com/file/d/0Bz1OjFWD1wdBVXhnNEh2a213VzQ/view?usp=drive_web
Ankorus https://drive.google.com/file/d/0Bz1OjFWD1wdBMWVFblI3blpvSTg/view
Foreground https://drive.google.com/file/d/1Xa9cVHgzsTATWema4t7BYtFmQV87ZicV/view
Metta https://drive.google.com/file/d/1iCzfGiPDBtIWpfXvmnV0k64GKxndGjSS/view
Clout https://drive.google.com/file/d/17aCqB1gph0rQqsGTV7OqbB3RPwFT7who/view
Global Mining Token https://drive.google.com/file/d/1rxqrBZ_LzLq0ACJnBfHCHZhimAtTjckt/view
Darico https://drive.google.com/file/d/1zJYiQ-C6Qb_aFwJfz2e1COByEqZpvZsU/view

Web
Etheal.com https://docs.google.com/spreadsheets/d/1JiCN6aSEL9Y_2L3nYRYkmwJyKzevQ5t_ysoqnPTUYLY/edit
Hmstr.io https://drive.google.com/file/d/0Bz1OjFWD1wdBblR5cWFLSnF4UHc/view
Artex https://artex.global
Ankorus https://docs.google.com/spreadsheets/d/105BHLrJv3O4KMOu6keledk7NoZa8xgZvTJWBKea9zsE/edit?usp=sharing
Metta https://drive.google.com/file/d/1TOoQauWJe9_Cr900OwZVqZL3P5YdxwWH/view
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December 16, 2017, 05:00:12 PM
 #6

There's a lot of information, but I'm still very vague about this project. can you describe it in a common and brief description
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December 16, 2017, 06:18:41 PM
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There's a lot of information, but I'm still very vague about this project. can you describe it in a common and brief description


Hello. Thank you for your interest.

Collabs protocol allows all sorts of organizations to integrate decentralized components of collaboration assessment. It provides trustworthy information about potential partners, quality expertise attestation, and dispute resolution mechanism. Collabs motivates professional behavior even under incomplete contracts and significantly reduces the transaction costs of cooperation and builds trust within the network. Every organization can use the protocol or its stand-alone components for their specific purposes, such as building higher trust. We envision this protocol being integrated into a variety of applications. It could serve as a base for expertise verification on various job sites and portfolio services. It could also be integrated into freelance marketplaces to objectively resolve disputes, into corporate CRM systems to incentivize professional behavior among employees or to involve outsource specialists in single-time tasks. The protocol is applicable in every case where it’s essential to  guarantee the validity of information about a potential partner, or there’s a need for a mechanism protecting all parties from opportunistic behavior.

Collabs platform is a dAPP based on our protocol. It is the interface to all main functionalities of the protocol in a form of web and mobile applications. The platform provides access to instruments and tools for collaboration and project development: network of top-notch contributors, tools to find partners and collaborate effortlessly, and integrated mechanisms enabling transparency and trustworthiness.
It provides user-friendly interface for diverse collaboration scenarios and enables all sorts of collaborations even among people and companies without deep blockchain knowledge.

More detailed information you can find at our site, blueprint and one pager.
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December 16, 2017, 06:29:45 PM
 #8

It's interesting project. When did you plan to start of crowdsale of your tokens?
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December 16, 2017, 06:36:46 PM
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I see this project very promising. The view on the announcement thread looks very fancy and very interesting. but unfortunately this project still looks very calm. You have to do something to make this project look more alive.

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December 16, 2017, 09:58:24 PM
 #10

It's interesting project. When did you plan to start of crowdsale of your tokens?

We are now collecting feedback. As soon as we understand that the interest is significant, we will announce presale.
You can join our Telegram chat to be up to date with the latest news.
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December 16, 2017, 10:00:08 PM
 #11

I see this project very promising. The view on the announcement thread looks very fancy and very interesting. but unfortunately this project still looks very calm. You have to do something to make this project look more alive.

Well, we have just announced and I hope that soon it won't be so calm.
Thanks for your opinion and comment.
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December 16, 2017, 10:04:27 PM
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reserve

▶▶  BTCitcoin 2  ◀◀    Scalable Bitcoin Fork with instant verified payments
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December 19, 2017, 01:22:56 PM
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Hi everyone! Just added Collabs ICO to my website https://concourseq.io/Q/Collabs. ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB


Hi, thanks for adding, this is a very interesting website!
Feel free to ask any questions, we'll gladly reply to them.
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December 19, 2017, 01:35:41 PM
 #14

hi sir, I am very interested white your project. let me know if you need indonesian translator..  Wink

Hi, thanks for the offer!
We'll surely let you know when there is a translation bounty. You can also join our Telegram chat so that not to miss the announce.
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December 19, 2017, 01:38:48 PM
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Collabs platform mobile app whether it is available in apple app store or google play store?  platform provides access to instruments and tools for collaboration and project development, this is great project.
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December 19, 2017, 03:36:28 PM
 #16

Collabs platform mobile app whether it is available in apple app store or google play store?  platform provides access to instruments and tools for collaboration and project development, this is great project.

Thanks for your kind words!
We plan to develop mobile apps for Android and Apple devices after the beta version of the protocol.
EugeneAS (OP)
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December 19, 2017, 03:53:46 PM
 #17

Check out our blog. We wrote an article that will help you understand the meaning and significance of what we are doing.
larap
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December 20, 2017, 04:29:49 PM
 #18

Guys, I glanced at your paper and saw that you have two different tokens. Can you clarify the use of both?
Curtis Again
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December 20, 2017, 04:36:07 PM
 #19

Hi! Who are your main competitors?
EugeneAS (OP)
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December 21, 2017, 12:43:48 PM
 #20

Guys, I glanced at your paper and saw that you have two different tokens. Can you clarify the use of both?

Both tokens have incentive value. Combination of liquid ABC and non-transferable EXP tokens will motivate all members to be active and behave professionally. It will solve two main problems of the community: content quality and sustainable expansion.

ABC is an openly tradable utility token. We will issue a limited number of it. The token will be used as a payment option for collaborations. Also, all protocol fees will be paid in ABC, i.e. fees for profile attestation, contract completion, raising disputes or using the API. We issue it to economically motivate the network effect and ensure steady growth of the system. The token distribution model will give first members strong incentives to join and start using Collabs. We will give ABC grants to attract members whose work is recognized and respected, which will further increase the network effect and total value of Collabs.

EXP is the Expertise token, we introduce it to drive professional behavior. It will serve as a quantitative measurement of users’ expertise and reputation. EXP is a part of incentive mechanism that is presented on the platform. EXP cannot be bought, it can be only earned for positive actions in Collabs.


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