IndorseToken Whitepaper

Abstract

‘Indorse’ is a revolutionary platform using new models of tokenization and decentralization to
change the shape of professional social networking. Unlike traditional platforms, we aim to give
back ownership of the data to the member, and to reward them for sharing their skills and using
the platform.

Indorse uses internal rewards (Indorse Rewards) and a reputation system (Indorse Score) to
incentivize members to add their skills / accomplishments and indorse those of others.
Through participation in the platform, members are able to earn Indorse Rewards for sharing
more about themselves and for indorsing the claims of others. Advertisers in turn purchase
space on the platform with cryptographic Indorse Tokens (IND tokens​). A portion of these IND
tokens are shared with the members who created the content. In a nutshell, members are finally
able to receive rewards due to their data, instead of watching passively as the revenue goes to
companies holding their data.

We envision a serverless, decentralized future, where the members will build their profiles and
benefit from their reputation. This future will need a decentralized platform where others can
judge the quality of a person’s profile not just by where they have gone to school, but what they
have actually done in their professional and personal lives.

Indorse is being developed by the team at Indorse Pte. Ltd., a blockchain company based in
Singapore. The founders of Indorse Pte. Ltd. are CTO Gaurang Torvekar and CEO David
Moskowitz. Gaurang is the co-organiser of the Ethereum Singapore Meetup, while David is the
co-organiser of the Bitcoin Singapore Meetup. In 2013 David founded a Bitcoin brokerage which
serviced hundreds of clients in Singapore. David successfully exited that business in 2015.
Gaurang and David are also the founders of Attores Pte. Ltd. (Attores​), a company also based in
Singapore but focused on simplifying the creation, deployment and execution of smart
contracts on blockchains. Although their experience with Ethereum goes back to before they
founded Attores, they formally began working on Ethereum applications in January 2016,
releasing open source code for swaps and forward contracts for exchanging digital assets.
Attores currently has a pilot with a Polytechnic college in Singapore for their digital certificate
issuance platform along with installation of an Ethereum blockchain on campus.

Indorse Token Website
Indorse Token Whitepaper

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