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Profede ICO details Start Date: 2018-3-1 End date: 2018-9-15 Category: Business services, Communication, Cryptocurrency, Investment, Platform



Token: PATO



Platform: Ethereum



Type: ERC20



Initial price: 1 PATO = 0.01 USD



Bonus:



Accepting: ETH



Soft cap: 1500000 USD



Hard cap: 20000000 USD

Profede – Bringing power back to the professional user, with Blockchain The Profede Professional Protocol allows direct Professional-to-Business and Professional-to-Professional interactions, without the need for intermediaries. Nowadays, professionals have completely lost control of their data. Furthermore, the current system is not good for businesses either because they make investments without being sure of having a return on investment. The current model makes it almost impossible to gain access to highly qualified professionals and on top of that, the success rate is rather low. On Profede’s Platform we give the power back to the user. Professionals control their profile, decide who has access to their data and are paid each time businesses or other professionals use their data for any purpose. Thanks to blockchain, we are creating a decentralized protocol that allows professionals to easily store and manage their profiles, which are accessible by third parties. Thanks to blockchain, professionals will be able to easily move their profiles and data through the networks partaking in this protocol, in a private and safe manner. At the same time, businesses and other professionals will have access to the profiles of the professionals, with a guarantee of their legitimacy and certification of their feedback rating, since all the content will be documented. Profede Professional Protocol will allow businesses to make appropriate payments for a professional’s data regardless of the platform in which that person’s information is located. Intermediaries are eliminated and interactions are facilitated by the network itself. Instead of paying any intermediaries, businesses automatically make customized offers directly to professionals based on their feedback rating and profiles through a decentralized application. The 12 million beBee users will be used as rocket fuel to drive widespread adoption of the protocol and make Profede a market kingmaker. Its token will gain immediate adoption by beBee’s professionals thanks to its vast network and will create a complete cryptocurrency economy within the network. Profede will gain immediate adoption and scale.

Competition Overview

The Profede Professional Protocol allows direct Professional-to-Business and Professional-to-Professional interactions, without the need for intermediaries.

Decentralization and blockchain are opening doors and empowering professionals, businesses and investors in a number of different ways.

With data being worth so much to companies, blockchain could serve as the catalyst that not only protects our information but makes it a valuable asset in the future of data sharing and investments.

One example is Earn. Professionals can use this app to earn digital currency by replying to emails and completing tasks. It’s a unique concept that allows professionals to be compensated in exchange for their data.

Indorse is a decentralized professional network. You can show your skills, get validated by experts and get rewarded. The company brings value to professionals by making data valuable. It’s a Linkedin-like decentralized network.

Dock is a decentralized protocol that lets people connect their profiles, reputations and experiences across the web with privacy and security. In this case professionals do not get rewarded so professionals are out of the benefit equation.

Profede is a unique value proposition. It is not an app like Earn or Indorse, and it is a protocol like Dock, instead the professionals are the center of the benefit equation. It is a protocol that uses blockchain to give power back to professional users. This protocol enables businesses and professionals to create a direct connection. Professionals control their personal data and get paid each time businesses use it to offer them a job, a business proposal or a commercial offer. The protocol will be adopted by thousands of small and medium apps and millions of users. beBee – a professional network of 12 million professional users – will be the first to adopt Profede’s Protocol.

8.3 Total Score Team 8.5 Product 7.5 Trust 8.5 Hype 8.5 Add your review | Read reviews and comments

Team

Juan Imaz CEO Alberto Anaya CTO Rafael García CMO Raul Marcos Blockchain Expert Netta Virtanen CCO Tom Greenwell Business Development Manager

Profede Advisors

Carlos Domingo Christel Quek Javier Cámara Gabriel Zanko David Drake Advisor Ron Bekkerman Advisor Bonnie Normile Business Development Manager Graham Doggart Advisor Sadie Hutton Advisor

Milestones

Q3 2017 Assembling the team and developing initial idea.

Q4 2017 Building development and marketing team. Created a first draft of white paper. Signed agreement with beBee.

Q1 2018 Release of crowdsale smart contracts. Publish third party code audits. Crowdfunding event and token distribution.

Q2 2018 Building development and marketing team. Partnerships with scalable blockchains.

Q3 2018 Release of the alpha version on Ethereum’s testnet. Release of the alpha of open source SDK

Q4 2018 Release of beta version of the product. Integration in beBee as beta

Q1 2019 Release of final product on Ethereum’s mainnet. Release of open source SDK. Building of ecosystem through development of community participation. Partner releases of other vertical solutions - Job Portals, professional portals, professional networks and so forth. Signing partners and verticals.