ICO is coming: Experty — are they serious?

01/12/2018

Overview by the team kript.io
What is Experty: a calling platform powered by cryptocurrencies.
Project: Experty is a blockchain-based calling platform that allows two or more parties to connect via a video or an audio call.

The developers create a straightforward Skype-like voice and video application for a global scale usage. Within the application, knowledge providers can set their rate that will be paid by the knowledge seekers when they call. Their mission is to add value to the consulting industry by simplifying the exchange of knowledge for money. Well, and to encourage the adoption of cryptocurrency worldwide.

The platform consists of the following applications available for mobile, web and desktop: paid group calls, webinars, scheduling, texting, group texting, conversation recording, paid 1-on-1 text messaging, screen sharing, video calls.

Website: experty.io

Analog: BitCourse

How they differ from the competitors: they provide the ability to make payments in fiat. Plus, all the cases below will be 100% free for EXY users:
  • all feeless payments from advice seekers to knowledge providers;
  • EXY staking by users to get access to premium features;
  • a deposit from advice seekers for advance scheduling with a knowledge provider.

How they want to make money:
they have some extra services that you can pay in EXY:
  • Monthly subscription fees in case a knowledge provider accepts other cryptocurrencies instead of EXY;
  • Additional fees for payments in fiat.

Market size: capitalization of consulting industry market is around $120 billion, and digital consulting industry market is $23 billion.

What their token gives you: an internal currency.

Token price: pre-sale — bonuses from 10% to 40% (pre-sale is ongoing until January 15). ICO — 1 ETH=1000 EXY.

Terms of sale: a minimum sum of purchase — 0,5 ETH. Accepted currency: ETH (and BTC + FIAT via Bitcoin Suisse).

What will happen to tokens: they will issue 100 million EXY. Any unsold tokens will be burned.

Token allocation:
33 000 000 EXY — ICO;
33 000 000 EXY — company tokens (vested for 3 years);
30 000 000 EXY — partner tokens (locked for 18 months);
3 000 000 EXY — bounty and promo;
1 000 000 EXY — TGE costs.

How much they want to raise on ICO: soft cap — 2,000 ETH, hard cap — 33,000 ETH or $9,000,000, whichever is lower.

Where the money will go:
40% — software development;
40% — marketing and community;
15% — long term research team;
5% — legal and administrative.
Team:
— Kamil Przeorski: CEO. He is a Co-Founder of React Poland, having deep knowledge of blockchain technology;

— Tom Dyl: CTO and Co-founder. He is the author of the book "React development", he has experience in the field of mobile and web applications, previously he was a team lead in React Poland;

— Greg Kucmierz: a solidity engineer, co-founder. He was a software engineer at Cisco.

Advisors:
— Jason King: unsung.org;

—Craig Sellars: ex-CTO Bitfinex, CTO of Tether&Block;

— Pawel Bylica: Ethereum, Golem, Software architect.

Free tokens: 120 000 EXY will be divided according to the stakes accumulated amongst selected participants.

Roadmap
Q1 2017

Project concept
Q2 2017

Started development
Q3 2017

Seed investments round $700 000
Q4 2017

Alpha release
Q1 2018

ICO + Mobile/Web application beta, Contacts Management, Ethereum Wallet
Q2 2018

Security audit, market release, call-me web links
Q3 2018

Desktop beta
Q4 2018

Desktop release; FIAT gateway; advanced payment rules
Q1 2019

Refinement based on users feedback; screen sharing
Q2 2019

Group calls


Communication:
twitter: 13,3 thousand
facebook: 1,6 thousand
telegram: 15,3 thousand
medium: 1 thousand

Date of ICO: January 25 - February 25, 2018.
Information on the landing page: ★★★☆
How clear is the project: ★★★☆

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