Hey Steemians, hope you all had a great morning!
Its 1:00pm, which means it’s time for another ICO review!!! The ICO for the 1:00pm review is Profede. I think Profede has a really unique business model and I think this review is really worth the read!
Remember at the end I ask a question and I always upvote and follow the person with my favourite answer!
About Profede
Profede is building a decentralized data management system that seeks to help professionals control who has access to their details. The professional data ecosystem will help people get compensation for their data inputs. Thanks to the blockchain technology, data management and privacy will be safe and stored in a secure environment.
Professionals to business and professionals to professional interactions will be made possible and highly efficient using the Profede platform. There is a growing fear of data theft and impersonation that leaves professionals with an increased fear of their data privacy and security. Presently, the current model makes it extremely hard for the public to gain access to qualified professionals and even when they do the success rate is rather low.
Power must return back to the users. This is what the platform aims to do, professionals will have a 100% control of their profiles, deciding who has access to their stored data and will be compensated each time the public accesses their stored information.
The blockchain technology will make this possible. Helping professionals store their information safely, deciding what third-party has access to that information and in turn get compensated for granting access. Intermediaries are eliminated because most of the interactions and transactions are carried out by the network itself. Businesses and the general public will make customized offers to be granted access to certain areas of the network rather than paying middlemen or intermediary firms.
The Team
I looked into the Linkedin profile of the team members and I think they might just have the required skillset to pull this project off. The CEO and founder Juan Imaz will have a lot of brainstorming and team building to pursue this project to a logical conclusion. Here is a quote from his Linkedin profile that demonstrates his ability to deliver the goods.
“Serial Entrepreneur and Investor. Founding, building and managing my own companies from 1993 to date in the areas of sales, direct marketing, and online business. Over 22 years of experience managing from start-ups to consolidated multinational corporations. Pioneer in online business from 1996.”
Impressively, they have also employed the services of a blockchain expert, Raul Marcos Lorenzo who is also an advisor at Next Chance Group.
The Financials
If you are planning to invest in this ICO, here is a list of some of the important financial aspects of this ICO. Firstly, it is trading as PATO and 1 PATO will cost 0.01 USD. Investors only have the option of using Ethereum to fund the ICO.
The pre-ICO will run from March 1st 2018 to May 31st 2018. To achieve its goals a soft cap of $1.5 million and a hard cap of $20 million has been set. There will be a total of 3 million tokens available that represents a 50% distribution among the public. As of today there is an ongoing 40% bonus structure in place to encourage investors.
The Roadmap
More Info on Profede;
Website
Whitepaper
Announcment
Telegram
Bitcointalk profile
https://bitcointalk.org/index.php?action=profile;u=2011722