Ispolink to Launch IDO on Ignition
Are you ready for the next industry disruptor on PAID Ignition? We are excited to announce that the next IDO to launch is Ispolink. It joins a list of potential industry-changing decentralized platforms that have successfully embarked on Ignition. We cannot wait to see your response through your participation! Here are important dates to note for participation:
📋 Whitelist Start: April, 28 2021–2PM UTC
⏰ Whitelist Close: May 01, 2021–4AM UTC
🚀 IDO on Ignition: May 06, 2021–11AM UTC
What is Ispolink?
The existing challenges in the centralized system and the growing demand for blockchain solutions create innovative teams such as Ispolink. The project is in the process of creating a cross-chain solution for the decentralized industry that will see employers matched to industry-leading talents via Ispolink’s A.I system.
Ispolink hopes to refine the recruitment process by removing unnecessary hurdles and costs associated with the traditional recruitment process. For example, it hopes to eliminate agency fees and advertisement costs that increase the budget of each recruitment drive.
How it works
Ispolink uses three different A.I system to match the employers to the most compatible talents available. The first A.I parses CVs and auto-fills details into the matchmaking algorithm. The second A.I predict a candidate for a position based on the CV details. A matchmaking algorithm then handles the specification, such as work experience, to match a company to a skilled professional. The matchmaking A.I then use the information from the interactions to refine other similar exchanges.
Ispolink Tokenomics
Aside from offering an innovative recruitment platform, Ispolink plans to help its users earn from participation in various activities within its ecosystem. Through its ISP native token, users will gain governance privileges that give a sense of ownership of the project.
Another potential area of earning ISP is in staking. Ispolink makes it possible for its users to earn passively by committing funds into the project potentially. Other advantages include earning ISP from referrals and as a reward through Ispolink’s verification process.
Ispolink uses ISP earned from its revenue stream to reward its users. Fees paid by companies to use the platform, ISP from sponsors, and other revenue streams are pooled together and distributed to reward miners and stakers, with a percentage of the ISP burnt.
Kickstarting token circulation, Ispolink plans to have four different types of token sales. Tokens that remain after the different sale periods are burnt. Of the 100 M total supply, Ispolink plans to reserve 40% for its ecosystem, with 6.875% reserved for public, private, and strategic sales. Seed sale takes up 9% of the total supply. The remaining supply is taken up by marketing, the Ispolink team, and advisors.
**Tokens in circulation may be lower than the total market supply as the supply depends on the number of tokens purchased.
*For applications to be considered valid, all applications must adhere to the PAID whitelist lottery rules, pass PAID Ignition’s KYC process, and adhere to each project’s specific KYC requirements country restrictions which vary per project on a case to case basis. For a list of Ispolink specific restricted KYC countries, check HERE.
About Ispolink
Ispolink is an innovative platform powered by Binance Smart Chain and AI. The platform plans to change the recruitment landscape by connecting professionals to potential employers directly, thus digitizing and streamlining the hiring process.
For more information on Ispolink, connect with them on:
About Ignition
IGNITION is a featured product of PAID Network, operating as a decentralized swapping protocol that allows blockchain-based token projects to offer their private and public auctions. The platform features Ethereum, Binance Smart Chain (BSC), and here shortly, Polkadot functionality.
Ignition is different from other auction platforms in that it properly vets and selects only top-tier cutting-edge projects. Its multi-level incentivization mechanisms for participants of published projects will encourage HODLing that supports both the project founders and the community. It isn’t just a trading platform; it FUELs projects and takes fundraising to the next level.
Ignition brings quality projects, fixed swaps, and equitable lottery participation to the PAID community.
About PAID
PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID wherever they are in the world.
PAID technology leverages Plasm to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building SMART Agreements through smart contracts to execute DeFi transactions and business agreements seamlessly.
For any questions for the PAID network, please feel free to reach out to us on:
- Website: PAIDNetwork.com
- Telegram: @PaidNetwork
- Twitter: @PAID_Network
- Medium: @PAIDNetwork
