The mission of experty is to encourage the adoption of cryptocurrency on a global scale by creating an intuitive, easy to use application that is suitable for wide scale usage. They seem to be expecting a mass adoption within the span of 3 years.
According to the Experty, the knowledge seekers & Providers don’t have adequate incentives to share personal contact information with each other, because neither can be guaranteed that the other will follow through with the exchange.
To solve this, a third party organizer is often brought in, but these services take a large cut of the profit, resulting in a knowledge seeker being charged more, or a knowledge provider walking away with less. To get around this, many knowledge providers will ask for payment in advance, but this demands trust from the knowledge seeker’s end. There is currently no efficient application on the market to solve this problem.
With the help of Blockchain technology, it has opened up the possibility for borderless peer to peer transactions. This means that the exchange of information for money can be made on a global scale without a costly intermediary. Experty, the cutting edge application, is designed to connect knowledge providers and knowledge seekers anywhere in the world using blockchain technology. Payments are automated through their operations contract (OC), allowing voice and video calls to be monetized without a lengthy setup or upfront payment. Knowledge providers can advertise their services through a direct call link or QR code, which can be placed on any social media platform.
A knowledge provider simply sets their rate per minute, and when the call is complete, the OC settles the charges based on the predetermined rate. Knowledge seekers will only be charged for the length of the call.
The concept seems really good, the ico is very promising too. Experty could easily help solve trust issues between seekers & providers to a great extend.
The ICO Start Date is 17th December, 2017.
The Core Features of Experty are:
WebRTC Protocol - Audio and video communication within the application
Fully Decentralized Call Links - experts can share their paid call link whenever and wherever they want independent of Experty.s
Instant Payments - The calls are based on a pay-per-minute rate, if the caller's fund are lower than for 30 seconds, the call will be disconnected automatically, and he/she would be notified about it.
Cross Platform Calling Application - They plan to integrate Experty with third party video calling applications so that potential users will be able to use the application of their choice.
Availability Schedule - Knowledge providers will be able to set their availability time, so they can prevent calls outside a given time frame.
Possible Type of Users :
- Lawyers
- Medical Consultants
- Programmers.
- Business Advisors
- Professors.
- Language Learning
- Webcam Chats
VERDICT : Totally worth investing in, the return would surely be high for long as well as short time investments.