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Profede

8.3
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Profede ICO details

Start Date: 2018-3-1

End date: 2018-9-15


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.

Problem ​description

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.

Solution ​description

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.

Revenues

8.3 Total Score

Team
8.5
Product
7.5
Trust
8.5
Hype
8.5
Add your review

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.
Q2 2019
Scalability and development. Integration with scalable file system. Optimizations.

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