Opporty ICO
Decentralized service marketplace
ICO dates
Start date: 2018-02-05
End date: 2018-03-10
Registrated in: USA
Platform: Ethereum
Type: ERC20
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Video
KYC passing required Yes |
Whitelist Yes |
Restriction for countries
No
| Soft cap | 1,000,000 USD |
| Hard cap | 15,000,000 USD |
| Tokens for sale | 250,000,000 |
| Token distribution in ICO |
| Price | 1 OPP = 0.0002 ETH |
| Acceppting | ETH |
Opporty search trends in Google
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1. ABSTRACT ...................................................................................................................................2
2. MISSION STATEMENT ................................................................................................................3
3. VISION .........................................................................................................................................3
3.1. WHY DO WE NEED BLOCKCHAIN? .................................................................................................................. 4
3.2. WHY DO WE NEED OUR OWN TOKENS? ......................................................................................................4
4. PROBLEM .................................................................................................................................... 4
4.1. CUSTOMER SIDE ..................................................................................................................................................... 5
4.2....
2
1. ABSTRACT
This white paper describes a blockchain-powered service marketplace and knowledge-
sharing platform, with a Proof-Of-Expertise blockchain protocol. The Opporty
platform simplifies lead generation and business interactions through an offer/request
ecosystem, support of decentralized escrow, and implementation of established rules
and standards for doing business by means of smart contracts.
Combining the benefits of an on-demand economy and blockchain technology,
Opporty introduces a blockchain-powered marketplace for B2B and B2C commerce.
The platform enables new models of social and commercial engagement, providing
opportunities for business owners to build a professional reputation through
knowledge-sharing that enriches the community.
Opporty is a fusion of a tokenized crypto-enabled platform and a blockchain protocol.
Using Opporty Tokens, users are able to conduct business transactions within the
platform, utilize the advantages of blockchain enabled functions, pay ...
3
ɔ
Requests
Offers
Ʊ
Q&A
Responses
Services
Gamification
Smart Contracts
Cryptocurrency
$
$
ICO
Ǹ
Tokens
Knowledge-Sharing
Platform
ǡ
Business Model
Marketplace
Strategy
Market Research
2. MISSION STATEMENT
Our ultimate goal is to create a business-focused decentralized ecosystem on the
blockchain, where companies and individual service providers conduct business based
on established standards and share useful content with the clients. Taking the best of
on-demand and blockchain, we strive to make Opporty a live business ecosystem that
establishes trust between contracting parties through Proof-of-Expertise protocol,
and by providing a risk-free environment for doing business through decentralized
escrow and smart contracts.
3. VISION
Our vision is to revolutionize the way businesses and individual providers request
and offer services...
4
3.1. WHY DO WE NEED BLOCKCHAIN?
Blockchain gives the Opporty platform robust functionality and ensures transparency.
The platform boasts unique features such as rewards for participation (gamification),
Proof-of-Expertise protocol, and decentralized escrow and dispute resolution.
3.2. WHY DO WE NEED OUR OWN TOKENS?
OPP tokens are a unique feature of the Opporty platform. Users are automatically
rewarded for creating content for our decentralized knowledge database, and for
other behaviors that help the community grow. Without the oversight of a central
administration, the Opporty ecosystem will be able to grow organically and attract
more users. OPP tokens are used to pay the community for additional services such as
ads and promotions, and to conduct business with the help of
4. PROBLEM
According to the US Small Business Administration, only 20% of new businesses
survive beyond the first year of operation. They fail to compete against established
companies, attract early ado...
5
quality of ordered products, but there is no platform that can guarantee the quality
of services provided. As a result, customers often do not trust new businesses on
the market.
Opporty seeks to solve the problem of trust between parties doing service
business, where until now, disputes could only be resolved in Civil Courts. We
offer a quick and effective alternative to this practice — decentralized escrow
provided by verified experts.
By offering blockchain-powered smart contracts and a decentralized escrow system,
Opporty puts client-contractor relations on the blockchain. The platform, with the
help of its Expert community, ensures transparency and security, standardizes
procedures, and creates an environment of cooperation that instills trust between
parties.
4.1. CUSTOMER SIDE
When customers need to order a service they:
•
Research service providers on search engines
•
Search for companies that provide the required service in directories an...
6
Directories and listings are afflicted with similar issues. Although
companies and service providers can be listed in many ways by use of
filters, ratings and reviews (which are frequently manipulated), the order
in which they are listed is critical. Corporate accounts are better rated
and command a plethora of positive reviews. Yet their aim is to attract
corporate clients, not small businesses. Therefore, small business owners
spend time reaching out to them with little chance of a positive outcome.
Meanwhile, companies listed at the bottom who are in need of orders
from small businesses remain unnoticed.
Lead generation platforms increase the cost of leads. Although lead-
gen sites allow for free request submissions, paid requests — leads
to prospective clients — are their main source of income. Thus, the
conversion cost for final vendors grows disproportionately. Additionally,
many customers are just checking prices, and every lead is contested by
several vendors. As ...
7
Research communities where prospective service providers share their
advice. This takes time, a scarce resource for most small business owners,
adding to the total cost of the deal. Sometimes the “best deal' is not all
that great when you factor in the time spent looking for it.
4.2. PROVIDER SIDE
Service providers face challenges in building a solid base of customers. If they fail to
build trust and attract prospects, they will suffer adverse financial issues and eventually
go out of business. Creating a conversion funnel takes an enormous amount of effort
and skill:
Launching and running a business is an uphill struggle. It takes only a few
hours to register a company, but learning to manage it is a complex task.
Business owners have to coin a business model, implement management
procedures, and approach the market from a digital marketing perspective.
Exposing a business and its services to the community is complicated.
A business owner must engage in networking (contact...
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Therefore, service providers often choose to:
Invest in SEO and PPC to secure SERPs
Register with lead generation platforms to access a curated stream of
leads (provided they resign themselves to a higher cost of leads and
accept that corporations have advantages to offer stronger bids)
Create a network of clients and influencers who vouch for their business
(provided they are able to participate in multiple events and command
a unique perspective on their services; otherwise, they will fail to get
noticed by industry gurus)
Create profiles in directories and listings that appeal to a wider range of
customers (these profiles are displayed below top-rated, well-reviewed
accounts)
Reach out to professional and local communities (this takes time, effort
and luck)
Decentralized
Community
Flexible Terms
and Affordable Prices
Extensive Selection
of Service Providers
Extensive Base
of Offers
Escrow Judges
customer
Opporty Roadmap
Aug 2017
Basic functionality: offers, requests, responses, blog, Q&A
Oct 2017
Token generation event
Dec 2017
Gamification (bundled with cryptocurrency)
Feb 2018
Multi-language localization
Mar 2018
Staking mechanism implementation
Jun 2018
Escrow support
Aug 2018
Chatbot user interface
Sep 2018
AI-enabled oracles and service rankings
Nov 2018
Phase II: DAO implementation
Advisors Esteban Van Goor Managing Partner (Venture Capitalist) Megalodon Capital / ICO Advisor (cryptolawyer)
David Drake
Chairman of LDJ Capital, LDJ Real Estate Group, Drake Hospitality Group
Advisor
Desmond Marshall
Founder and MD of Rouge Ventures, ICO/Crypto
Henry Ines
Venture Partner at Draper Dragon
Marc Kenigsberg
Founder of BitcoinChaser
Michael Kapilkov
Advisor
Richard Bohan
Advisor
Sead Muftic
Technical and Blockchain Information Exchange Security Advisor
CTO
Sergei Logvin
Advisor
Sergey Grybniak
Founder
Wulf Kaal
Entrepreneur, Technologist, Professor
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