The weight of the OUNA token

OUNA
OUNA
Published in
3 min readApr 16, 2018

The value of OUNA’s product can hardly be argued. With an advanced algorithm that knows to match job-seekers with employers based not only on experience and expertise but motivation and passion as well, the new ICO is set to upend the traditional recruiting market. What’s more, the company’s integration of blockchain technology and smart contracts promises to make the entire process easier, safer and more reliable than ever before, saving employers time and money while giving them happier employees.

But as an ICO, OUNA is also raising funds with the circulation of its own ERC20 compatible cryptocurrency, the OUNA token. While not immediately apparent how Ethereum platform tokens coincide with the HR industry and recruitment, OUNA has seen to it that every one of the 2 billion coins to be issued this year has value to users equal to that of its revolutionary product.

So, how can you earn and what can you do with OUNA tokens? Well, one of the best ways to get your hands on some tokens is to participate in the verification of user claims. Here’s how it works: after a user completes his profile, others can verify his claims. If Steve Johnson says he studied at Harvard, an old classmate or even a teacher can gain OUNA tokens by verifying that claim.

On the flip side, users are rewarded in OUNA tokens for uncovering scammers and fake profiles. Job seekers won’t be able to get away with false claims on their CVs anymore because someone else can earn tokens by reporting that person.

But OUNA tokens aren’t all about catching those misusing the system.

Tokens can also be earned by honest users who admit their profiles for a performance and conduct audit. This allows for a review by his peers. Besides earning tokens, participating in audits and verifications, as well as successfully having your own profile audited, builds up your reputation and trustworthiness as a user — a good indication of your decency for potential future employers who reach you through OUNA. Full verification of your profile and uploading your CV will get you started gathering tokens as well.

And how do you spend the tokens you’ve earned? Every user is required to take an initial 15-minute online assessment that results in that person’s unique user profile, but OUNA is getting ready to launch further assessments that can be accessed through tokens and will help match you with the right position with greater accuracy.

OUNA is also developing a set of premium services that can be accessed with OUNA tokens including an alert-bot to keep premium users constantly up to date on their job search and a geo-relocation service that will allow premium users to enter the pool of workers looking for positions in locations other than their own.

It’s a complete, self-sustaining ecosystem that you can be a part of. To get a jump-start, you can also participate in OUNA’S upcoming token launch. Pre-sale begins on June 1 and public sale runs from July 1 to July 30 (subject to change). Follow OUNA on Telegram for updates and more info on how to get your OUNA tokens.

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OUNA
OUNA
Editor for

The innovative employee assessment and recruitment platform — based on the decentralized blockchain technology.