Technology often changes how the market works. It is not different with the blockchain technology. Platforms like Profede plan to change how the market works and fix problems that are inherent of our current model. We are going to review this company today.
What is Profede PATO?
Profede is the name of a decentralized professional protocol which can be used for companies to get data about the professional behavior of people. The company was born from the desire of getting rid of the middlemen that make the process of recruiting employees harder and more expensive. These services, the company states, are overpriced and inefficient.
The solution that the company developed was a platform whose goal was to create a decentralized professional ecosystem which can compensate users for giving their data without the use of intermediaries. The blockchain technology allows platforms like this because it can protect the data of the professional while ensuring its veracity.
The creator of this company is Juan Imaz (CEO) which is a successful entrepreneur with more than 25 years of experience in online marketing and online markets.
How Does Profede Work?
The main goal of Profede is helping both sides of the market. Companies will have a better and more complete report about the abilities of their prospects and the professionals will be able to charge for information about them. By using the platform, you will not only be able to receive for the information on your profile, but you will also be able to to get more job opportunities.
You can also use the platform for social selling. If you have a product or service that you want to sell, you can use the platform to access relevant profiles and to have your product validated by the community. This can turn into a business opportunity for you.
The alpha version of the platform will be released on the Ethereum’s testnet on the second half of 2018 and the prevision is that a usable beta version will be released until the end of the year. The final version of the Profede platform will be released to the main public in 2019.
How to Invest in Profede?
If you want to invest in this company, you will be able to do so by participating in the Initial Coin Offering (ICO). The company is currently having its pre-sale (you have to invest at least $50,000 USD to participate, so you can only do it if you are well prepared).
You have to contact the company directly to participate in the main sale. If you want to know more information about the upcoming main sale, you will have to wait for our updates because this company still have not released much information about the future of the ICO.
The Profede PATO ICO Verdict
Is Profede a good investment? We are still not sure. This company seems like it could be an excellent idea but at the same time, it might not be. It all really depends on many factors which will determine the future of this company. For example, will Profede be a popular company like LinkedIn? If the company does not get very popular, it will not work.
Why would you use a platform like this if you could find people without having to pay on networks like LinkedIn? While the idea of this company is actually pretty interesting, it is also somewhat flawed unless the company discovers a way to get people to use the platform. An empty platform will not be interesting to anyone.
Because of this, study this company carefully before you will be able to decide if Profede can actually be a great investment for you or not. Our blog is here if you need any more advice about companies which might be very interesting for investors like you. The cryptocurrency market is booming right now and you have to pay attention not to lose the best possible offers on the market at this moment.