Experty

Status: Planned

Description: Uber for knowledge sharing.

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Start of ICO / End of ICO / Hard cap $9,000,000 Raised $0

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Rating: 74

71%
61%
67%
93%
76%
71%

Team

All 3 co-founders of Experty are developers. Kamil Przeorski is a Co-founder & full-stack javascript developer at React Poland, a Polish software consulting and developing company. Tom Dyl is a CEO / Lead developer at the same company. Grzegorz Kuńámierz was previously a software engineer at Cisco. The team also has numerous other mobile, frontend and fullstack developers, so it is well positioned to build the product. The React Poland team is involved in blockchain and smart contract developing since 2015.

Notable advisors include Richard Ma, Ceo of Quantstamp and Craig Sellars, ex-CTO of Bitfinex.

61%

Product

  • The Experty app allows experts, influencers, advisors, developers, and companies to monetize their time and knowledge.
  • Core features:
    • WebRTC protocol
    • Fully decentralized call links
    • Instant payments
    • Cross-platform calling application (Windows, Android, Ios)
    • Availability Schedule
    • Ethereum Wallet

The expert predetermines his rate, and after the call, the payment is done automatically and instantly. The app will be integrated into third-party services, giving it the ability to rely on existing user bases instead of having to build their own.

  • Product idea:

We believe this is a novel idea that could actually work. From consultations to one on one video chat, the market exists for an efficient and decentralized solution.

  • Product status/stage:

Currently, a functional prototype of a mobile application is already able to make calls and settle payments on consultant's rate. Alpha release of the app should go public in Q4 2017, and a beta release will go public in Q1 2018. Desktop application will be released in Q3 2018.

  • Business model relationship and value flow:

The value of tokens is inside the Experty platform and there are no mentions of them being able to do anything else outside their it.

  • Function/utility of the token:

From the website:

The Experty Token (EXY) is a major constituent of the Experty platform. EXY is created only during the Token Generation Event. EXY is a utility token that will be used for the following:

  • EXY will be used for all payments from advice seekers to knowledge providers
  • EXY will be staked by users for access to premium features
  • EXY will be used by advice seekers as a deposit for advance scheduling with a knowledge provider

Verdict:

We believe that payments and deposits could be done with Bitcoin or Ethereum, but it makes sense to have your own token for premium features access.

67%

Market

  • Market size

From the white paper:

Consulting market is huge, and while we do not expect Experty to capture any significant part of it, we believe it has a chance to create its own niche as a specialized decentralized product that will be used by consultants and experts.

  •  Competitors:

No known competitors.

93%

Transparency

  • Github:

https://github.com/Experty

There are 9 code repositories on Github.

  • Community

Bitcointalk thread:

https://bitcointalk.org/index.php?topic=2337020.0

Highly active Twitter (3903 followers), Bitcointalk thread (89 pages), Medium blog and Telegram group (3.1k member).

  • Roadmap

Plans are clearly defined and can be measured.

  • Plans for listing:

Not disclosed. We believe Experty will be listed on major exchanges.

  • Crowdsale Information

 

76%

ICO Structure

  • Jurisdiction:

Switzerland

  • Legal structure:

Company established

  • Distribution of tokens

Only 33% of the coins will be available for token sale.

  • Lock-up period

 Company Tokens are vested for 3 years: Every month, beginning in February 2018, the contract will release 1/36 of the total EXY company tokens. All EXY company tokens will be released by February 2021.

Partner tokens are locked for 18 months.

This is one of the longest and most transparent lock-up period policy we have seen.

  •  Security:

Experty partnered with Quantsamp, which will use Experty's product and help secure their smart contracts. Quantstamp recently raised $40 million with their ICO. Quantstamp is the first security audit protocol to be built on top of Ethereum, a powerful tool designed to discover vulnerabilities in smart contracts, securing them before they are deployed on the blockchain.

  • Plans for audit:

Not disclosed

 

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