Experty Project

in coininterview •  7 years ago  (edited)

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The Experty platform is based on an Ethereum network contract which acts as the back-end for the service.
This exchange is settled seamlessly through the Blockchain using an Ethereum smart contract coupled with off-chain software. Experty adds value to the consulting industry through simplifying the exchange of knowledge for currency.

Challenge

  1. Charge and Cost Confusion: A user can pay a provider up front for a consultation, but the exact amount required is not known because the provider may be charging by the minute or by the hour.

  2. Trust.: A provider can also use a post-consultation billing system, which requires the provider to trust that the knowledge seeker will pay for the service after finishing the call.

  3. Payment Friction: A provider can also rely on external services or third party intermediaries. In these cases, money transfers are highly regulated events that create a large barrier to entry, even for globally-recognized brands.

Instead of building a single consultation marketplace, we have created a protocol allowing users to share their paid call links or QR codes wherever they want, including but not limited to: websites, blogs, and social network profiles or portals.

                          Solution

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We overcome the challenge by using of Blockchain technology, it is now viable to make micro-transactions worldwide. Anyone, regardless of location, can send a small amount of value to anyone else in the world. We live in a knowledge-based economy.
Experty offers the best tools to solve this problem for both “knowledge providers” and “knowledge seekers”.

                     The Aim of these project 

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  1. To connect two or more people so that they may conduct a paid knowledge exchange via online voice or video call.
  2. The Experty platform consists of applications available for mobile, web, and desktop.
  3. To enable the users to send free text messages between each other in order to discuss the terms further if needed.
  4. It can include calls with celebrities for charity actions or one-on-one private video chats.

The website and applications store the information about the usage history of all users:
(i) WebRTC Protocol: This protocol is used in apps like Whatsapp or Google Hangouts to ensure peer to peer data encryption and provides robustness proven by millions of users using the technology already

(ii) Fully Decentralized Call Links: Knowledge providers can use networks where they are already known and considered trusted experts, such as message boards, social media, blogs, etc.

(iii) Instant Payments: The payments will occur on the Ethereum blockchain after the call based on a pay-per-minute rate.

(iv) Availability Schedule: Knowledge providers are able to set their availability time, so they can easily prevent all calls outside a given timeframe.

(v) Ethereum Wallet. The provided applications will have a built-in Ethereum wallet for managing funds.

However, the future versions of Experty will include more advanced payment types, such as a variable rate for longer calls, or different suggested rates for different types of knowledge providers. The available modifiable options a knowledge provider has will be updated based on continual user feedback.

         DECENTRALIZED PLATFORM VERSUS SINGLE MARKETPLACE 

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A marketplace - a service for advisors to connect and provide information and knowledge seekers to search for those provides.
Users will be able to share their calling links on any existing platform. Knowledge providers can use the link where they are popular or a known influencer, such as question and answer discussion boards like Quora, or social media portals such as Twitter, Facebook, and Instagram.
This strategy is a lean and efficient go-to-market strategy since we will not need to reach out to individuals one-by-one to create the desired network effect. Instead, we can rely on an existing established user base.

             THE  TOKEN ALLOCATION SUMMARY

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The first round of funds allocation:
A) Legal and Administrative Costs - 5%
B) Software Development - 40%
C) Marketing and Community Building - 40%
D) Long Term Research Team - 15%

The project is developed by the founder’s existing development company - ReactPoland.

Conclusion: We will gather feedback from the users. And We will build a community around people who regularly use cryptocurrencies. Our first users will come from this community before the app is mass-market user friendly.
We will use funds to market the Experty mobile and desktop application directly to the blockchain community, and once we are ready, to a wider audience.

              More Information to Experty

ANN THREAD: https://bitcointalk.org/index.php?topic=2337020.0
Official Website: https://experty.io/en
Whitepaper Link: https://www.experty.io/docs/Experty-Whitepaper.pdf
Official Facebook Page: https://www.facebook.com/experty.io

Authorized By:
My Bitcointalk Username: bright4mech
My Bitcointalk Profile link:
https://bitcointalk.org/index.php?action=profile;u=1298523

ETH wallet address: 0x6707A43E7c34E560828f2785Eb01A4b1327877C0

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