Vera is a robot-recruiter that searches and selects potential employees, calls them, conducts video interviews, and invites the best candidates to the final interview with the employer. The selection usually lasts for about three hours.
They need a blockchain to store complete information about candidates and recruiters safely.
Robot Vera needs an ICO to attract more attention from investors and partners around the world. They need to raise money also to develop the project further, research, and enter the markets in the U.S. and China in future.
The Internet Initiatives Development Fund (IIDF) started to invest in Robot Vera from February 2016. The total amount has reached over $1,1 million. Most of the money — $850 thousand — the project attracted in August 2017.
. How they differ from the competitors:
Robot Vera can conduct VR-interviews: understand human speech and make a «live conversation» with the candidate. How they want to make money:
the client pays for the package of responses to the vacancy. One response is equal to one candidate who perfectly met all qualifications established by the employer and shown interest to work in the client's company.
At the moment, in the Russian market, the cost for one response is $2. The minimum price for the package is $150 for small and medium businesses and about $1750 for the clients with more than 1,000 employees. They only accept 100% advance payment. Market size:
companies all over the world spend around $50 billion on the search for employees annually.