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RE: Indorse The Decentralized Professional Network build on Ethereum - ICO Phase
Hi @kingscrown. Thank you for the post. Reading it made me go and do more research about Indorse. I have reached the conclusion that it is not a good investment for me.
You see, LinkedIn has a huge network already and a great product too. Why would a professional leave that and use Indorse?! The reward is simply not enough. Of course, there will be some people trying to trick the system to get some rewards, but I believe that most professionals will not.
Here's an angle @sadekj: Cryptocurrency has a bad or mysterious connotation in many circles, the whole fear-of-the-unknown thing. Referring LI connections to an alternate blockchain-based site for professionals could serve as a good way to introduce blockchain and cryptocurrency concepts to the masses. Once we have mass adoption, Indorse could end up becoming the bandwagon that less-informed corporate types jump on. Then again, would that be enough to keep the platform viable in the long run? In the end, its all a gamble until we see product!
A good point, @nofiat. However, I would rather put my money somewhere less risky. What is wrong with steem, bitcoin and ether ?