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Investors can put money in SpringRole by buying SPRING tokens. SpringRole is an authenticated profile builder for professional networking. It can help companies find better employees faster The SPRING tokens are involved for every action on the platform. Two of the primary actions on the platform will be verifications and endorsements. Verifications will be needed to authenticate professional profile data and endorsements will give industry experts the ability to search for and recommend talented individuals.
Approximately a quarter of the token supply is being sold for $12M, valuing the company at $48M. One ETH is pegged at 50,000 SPRING. The bonuses have been high but the 40% bonus for pre-sale can be somewhat mitigated by the current cheap price of ETH available to public sale participants.
The low-point is that there has been an airdrop and participation was very high. This adds to the circulating supply of SPRING tokens. Additionally, unsold tokens are not being burned and that is always a disappointment. Private sale information hasn't been made public either.
The positives are that the sale has a low hard cap and a low starting circulating supply. The team's tokens are vested and while unsold tokens are not burned, they are locked for a year. A low starting token supply is usually a good odds for a flip. This is not a medium-term investment since low hard caps attract flippers and the project itself is in a competitive market so could take over a year to gain real momentum. This can be a viable short-term investment as a flip or one of the better long-term investments out there.