‘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