Initial Coin Offering (ICO) to watch: Opporty

cbk (27)in #cryptocurrency • 7 years ago

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Interesting ICO here that has the potential for some big upside.

WHAT?

They are working to get individual people and businesses large and small in touch with the services they need to keep running. They aim to offer a "proof-of-expertise" protocol that will ensure the services you are getting form the experts on their platform is legitimate. This will be done by verifying hard credentials as well as assessing the quality of the content they offer to the Opporty platform in the form of Q&A and content as well as the amount and quality of services rendered on the platform.

WHY?

Everyone needs a little help from an expert sometimes, and not everyone is lucky enough to be related to a guru in every field. If your small business needs help with advertising or IT support, this is a great way to get the experts on your side with very little investment of your time finding and researching, which is extremely important to small business and startups. Opporty makes those connections easy to facilitate and legally binding with the support of blockchain technology. This is a huge market that, worldwide, easily stretches into the billions of dollars when you look at expert services rendered.
This is a litte different than most of the ICOs out there that seem to focus on more of a niche within the overall market, such as advertising. This will be more open to all areas of experts which greatly increases the money that will flow through the system.

WHO?

Their top brass has a lot of experience in the marketing area but very little experience in tech and blockchain/crypto. However, this is similar to lots of the new ICOs. There are idea people and the people who make the ideas happen and they have a good number of experts in these key areas around them. I don't see the lack of this experience at the top as a problem and I've seen many good ICOs with a similar structure.

HOW TO INVEST

The ability to get in on the ICO is starting today for accredited investors. There will be a more public offering coming up in March if everything goes according to plan. There are 1 million total and there are the usual pretty robust discounts for early adopters. It seems as though experts think the usual increased price will be present at the initial market opening of the coin with a tapering till it really gets off the ground. In my experience the interest around a coin hitting the market is at least enough to get your money back by selling half your investment and then sitting on the rest to see where it goes.

ISSUES?

A huge market exists for getting people the expert services they need and want. The problem is that there are already many ways for this to happen. The exciting part about this is the security of the platform, the ability to get access to experts that are continuously vetted by the work they are producing, and everything is done on one platform. If they can separate themselves from the pack, the sky is the limit. And this, in particular, is where I think the marketing and advertising background of the people at the top will come in handy.

People smarter than me:

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SUMMARY

So there are positives and negatives to this venture for sure. I think the overall positives outweigh the negatives given the novel way these guys are approaching the market and the huge support team they have at their back. They have a well though out plan and seem to be on target for their goals thus far.
It's not a slam dunk. Every once in a while there is an ICO that comes across as universally loved and this one definitely has its detractors. But this is very early on in their progress and they even have a working platform...a huge plus from my perspective.
I'm sold enough to put down a small sum of money and see what happens. At worst, I figure I will get my investment back when it hits the market but there is usually a decent return so long as there is enough hype around the project. I think by the time it gets to that point there will be plenty of hype...especially given the expertise of Opporty's top brass.

Check it out:

I'm not a financial planner by any stretch of the imagination, so take this for what it's worth.

I'm also not getting any funds from Opport for this information, nor do I hold a position (yet) in Opporty at this time.

Please let me know if there is anything I can do to improve these posts or if there are other related topics you would like some info on. Thank you!