Hype rating: 25
Description: First decentralized blockchain employee recruitment platform.
Start of ICO 15.11.2017 End of ICO 15.02.2018 Hard cap $0 Raised $1,610,741 Token Sale Price $0.00000 Whitelist / KYC /
We rate the team 32 out of 100. Armando Pantoja is an experienced developer with past experiences such as Software security expert and Senior Software Engineer, however, the other 2 members are less experienced. UI/UX Developer Aladin Ben Sassi worked as a freelance developer with no disclosed projects. The team also don't have any previous experience in the blockchain industry.
While interesting, we do not expect the Hire Match platform to gain any serious traction between recruiters and job seekers.
No working prototype, 8 commits and 1 branch of code on Github.
Business model relationship and value flow:
The value of tokens is inside the Hire Match platform and there are no mentions of them being able to do anything else outside their own platform.
Function/utility of the token:
From the white paper:
THE HIRE TOKEN
The token economy is a reward system used to reward a target behavior. 
(HIRE) is an ERC20 token that represents partial ownership and fuel for the HireMatch job network. The primary usage of the token is to incentivize user agents to find, recommend
and verify applicants for job listings. Agents are paid in (HIRE) via execution of a smart contract, when recommending and validating applicants and/or when a referred applicant is hired. (HIRE) is the primary and only fuel for driving the HireMatch employee recruitment
platform. We will issue 100,000,000 (HIRE) one time only and will never issue any more.
Verdict: Could be as well done with Ethereum or Bitcoin.
Global staffing and recruiting industry sales reached $428 billion in 2016, so the market is huge. However, we do not believe it is realistic that Hire Match can gain any meaningful market share in light of strong incumbent and many similar ICOs on the market.
ICO Competitors: BitJob ICO
Traditional web platforms: Linkedin, Indeed.com, Monster.com
Recruiting firms: Adecco, Randstad, Manpower, Alegis
8 commits and 1 branch of code on Github.
BitcoinTalk thread is not really active. The team is regularly posting on Linkedin and Twitter.
Plans are relatively clearly defined and can be measured.
Plans for listing:
Total Fixed Supply:
100,000,000 Units (HIRE Tokens)
October 1st, 9:45AM EST
October 31st, 9:45AM EST
Cap & Payment:
Cap: 78,000,000 (HIRE) Tokens (78%)
1 ETH = 1,800 HIRE Tokens
APPROX. 40,000 ETH
Suggested Token Symbol:
After SEC rulling it is not clear how the ICOs based in USA will proceed.
On the website they state: 'HIRE' is a Utility Token, so we WELCOME U.S. CONTRIBUTORS. You can read the legal opinion on their website.
Address: 940 Stewart Dr, Sunnyvale, CA 94085. Shared office space
- Legal structure:
940 Stewart Drive
Sunnyvale CA 94085
Distribution of tokens:
10% of the tokens go to the founding team members, and 11% goes to the "House fund".
Lock up period:
Plans for audit:
Not disclosed. However, as an established company in the USA, they should do the required audits, so this is not a big problem.