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SPRINGROLE – DECENTRALIZED PROFESSIONAL NETWORK

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WHAT IS SPRINGROLE?
SpringRole is a decentralized attestation based professional network platform powered by the blockchain. SpringRole is the platform where people can view, share and get attestations on their professional profile, thereby creating a verified resume that they can share and use. A user’s educational qualifications and work experience are verified by the organizations themselves and written directly to the blockchain.To assess a user’s skill set, SpringRole has a system of weighted endorsements that let users objectively look at people’s profiles and assess their skill level.

HOW IT WORKS?
When you sign up on SpringRole, you import or add your profile to the platform. This generally includes your work experience, educational experience and your skill sets. Each of these claims once listed on the platform are verified by the concerned people or organizations.

For work experience and educational qualifications, the universities and companies concerned verify details and attest the claim with the protocol on the blockchain. This is a one time verification and can be used whenever needed.

On SpringRole, your skill reputation is crowdsourced and depends on the people who endorse you on your skill sets. Skill endorsements are weighted according to the skill level of the person endorsing you and endorsements need to be accepted by the sender and the receiver before it counts.

Whenever people in your network earn rewards on SpringRole, you also gain a percentage of it along with the other users and organizations who have attested for that person.

SPRING TOKEN
SPRING Token is an ERC-20 compliant token that SpringRole will use on the platform. SpringRole Token is the fuel that powers and drives the platform. Each action on the platform is linked to SPRING. SPRING can be gained / used for the following:

When anyone in a user’s network earns on the platform, the user gets paid a percentage of their earnings in SPRING.
Referring a user or a company to the community rewards the users with tokens (referral bonus).
SPRING is used while endorsing a user’s proficiency in a particular skill set.
If a company or an university attests a claim made by the user, they will earn SPRING when the profile of the user is requested for validation.
Holding on to SPRING tokens gives you access to premium features on the protocol.

TOKEN METRICS
Total Supply of Tokens: 10B and Hard cap of 20,965 ETH
Number of tokens on sale: 2.55B (25.5%)
Tokens for Market Development are locked in for 4 years and unlocked as follows:20% on launch of Project Spring Network
20% on the one-year anniversary of the launch of Project Spring Network.
60% of the tokens to be distributed every month for the next 3 years.
Tokens for Team (Founders, team members) are vested for 4 years:20% vested on launch of Project Spring Network
20% vested on the one-year anniversary of the launch of Project Spring Network.
60% vested of the tokens to be distributed every month for the next 3 years.
Tokens for Advisors are locked for 2 years:50% on launch of Project Spring Network
50% of the tokens to be distributed every month over 2 years.
Unsold tokens and foundations tokens are locked for one year.
GO TO MARKET STRATEGY
Help US based companies hire off shore developers in India.
Onboard developers in India with the promise of a US based job. Each developer gets 5 other people to attest and build their profile.
US companies are able to hire from a curated pool of developers for a much lower cost than US but at the same skill.
BENEFIT
Professional Networking, you can use as your curriculum vitae (CV) that can be seen from all over the world. The features provided make it easy for you to write details of yourself and your work experience.
Connecting With The Right People, an intelligent algorithm that can suggest to you the right people in your field and also groups relevant to your field of work. By connecting with people who are in the same field as you, you can expand your network and make others aware of your abilities. In addition you can also glance at his profile to learn more about your prospective colleagues.
Joining The Right Group, Group concepts are much better than Facebook which is largely a funny group. Groups are valuable things you can follow. For example you are a mobile phone seller business, then you can join in a fellow group of mobile phone seller and discuss further with the people who are in it.
Finding a Job, Some companies in America are already using professional network service to search their prospective workers. This is because the features that appear to be your digital CV. If you need employees, you can also search here.
Brand Building, The current trends of new and old companies are building their brands through Facebook and Twitter. But using professional network service there are more sophisticated features because you can enter your brand name along with your company’s growth statistics.
ROAD MAP
SEPT 2017