Indorse — decentralized social network
One of the amazing things brought by blockchain projects are the opportunity to earn while doing what most people do everyday — updating their social media status.
And one platform (Indorse) is rewarding their users for being awesome! Indorse is a reward-based, decentralized social network where you can share your data and earn from it. It’s easy as pie. You just need to sign up at Indorse, create your profile, and start adding your claims. Claims are your awesome achievements like climbing that mountain, windsurfing, or perfecting that bullet coffee.
So if you’re a freelance writer who happens to love mountain climbing, you post that you have just conquered Mt. Everest and you add links to your supporting materials like photos and videos (this is very important because these will be checked by your endorsers). Then someone who is a part of your network endorses your skill using an anonymous endorsement protocol, which uses zero knowledge proofs and a randomized data source provided by Oraclize. Invalid claims are flagged and your score will also be reduced. One of your reputation barometer is also by verifying and curating claims that are posted by other members of the community. You may put as many skill since there is no limit in the skills endorsement on the new platform called pre-alpha platform.
After a consensus of endorsement of your claim, this is how your reputation increases and you and that someone who endorses you will be rewarded an Indorse buck. These indorse bucks are later converted to Indorse tokens that you can trade. These tokens can be used to purchase advertising on the platform or any other services that the platform offers. Another good news on this is that you still get to own your data unlike the other platforms which does otherwise while they’re earning from your data.
Indorse currently has an ongoing token sale until September 7, 2017. To participate the token sale you need a wallet service or an application where you and you only hold the private keys. Private keys are needed to correctly interact with smart contract functions, like transferring tokens.
If you wanna know more about the project, check out its whitepaper for its detailed information and joined the token sale before it ends.
Official Website: https://www.indorse.io
- Blog: https://medium.com/joinIndorse
- Twitter: https://twitter.com/joinIndorse
- Facebook: https://www.facebook.com/JoinIndorse
- Slack: http://joinindorse.slack.com
- YouTube: https://www.youtube.com/watch?v=RbVeYnRhVFA
- Whitepaper: Check this out!
- Announcement: https://bitcointalk.org/index.php?topic=2047503.0