Meanwise Brings Graphic Endorsements To The Blockchain

ICO News, Innovation, Investing, News | March 20, 2018 By:

Meanwise is a blockchain mobile app that powers a resume builder designed for visual artists. The platform displays the work and invites endorsements from customers and prominent industryites, verifying claimed skills and backgrounds for prospective employers.

Users are rewarded with a proprietary token for endorsements. The company also has plans for biometic identifications and a visual search that will enhance networking.

The company is planning an initial coin offering (ICO) in April for its app, which is available through the App Store on iTunes. CEO Hilal Agil talked with Block Tribune about Meanwise plans.

BLOCK TRIBUNE:Explain how this works for a user and tell me also how it works for somebody who’s a potential employer.

HILAL AGIL: For users, it’s quite straightforward. You would just upload work, that can be an image or a video. Anything from design, to marketing, to business, can be uploaded. Other users within the platform would be indulging this work. The way our system works, we use proof of work to add credits to the related skill of that particular work. We do have a group of influencers whose involvement would carry a lot more weight than an average user.

BLOCK TRIBUNE: Who are those people?

HILAL AGIL: Right now, we have some people like a couple of design directors from Nike and one other people from Pixar and a number of other Fortune 500 companies.

BLOCK TRIBUNE: These would be people who just like the aesthetics of the work, video, and/or the image and are saying, “Okay, this is a good product.”

HILAL AGIL: Yeah. They would be rewarded with our token.

BLOCK TRIBUNE: What problem does this solve?

HILAL AGIL: A major problem that the current freelance economy, or the freelance industry is faced with, is fraud and being unable to identify item keys if you are hiring somebody off the web. For example, if you’re using existing platforms, there’s no real way to verify a users identities. Then, there’s also the case where reviews can’t be trusted. These can be manipulated and that’s why we use smart contracts ethereum to record the transactions made within our platform. The freelancing feature is something that we would be introducing, but then, we use biometric verification to verify the users on our platform to eliminate fake users.

BLOCK TRIBUNE: Do you limit the amount of endorsements that somebody can make in a period of time?

HILAL AGIL:  Yes. They would be given a weekly limit for endorsements. We categorize the users from a scale of one to five. This is not something that the users would see, but depending on their experience and professional background the rate … Their endorsements would be rated differently.

BLOCK TRIBUNE: Tell me about your biometric verification.

HILAL AGIL: We try to make it as simple as possible, because a lot of verification systems that we see right now require a lot of different steps for the user, before the user is able to verify him or herself. This is one reason why some may not use it. The way our system would work, for example, how Apple’s iPhone X’s facial recognition will be the same way that would be working. We ask just a couple of questions, and once the user answers those, we record the special expressions in their voice and then we use this to create the users profile.

BLOCK TRIBUNE: That image, I take it, would be destroyed if they decide to leave the service?

HILAL AGIL: Yes. This wouldn’t be something that we would store on the blockchain, because if we do, we can’t really control it.

BLOCK TRIBUNE: Tell me about the AR Visual search. What is that specifically?

HILAL AGIL: The AR Visual search is something where we are trying to change the way users search. Traditionally, you would just be searching through keyboarding by trying to search for people, for example. We are trying to build a search … Use the phones camera to search. For example, if you are in a situation where you are attending a conference, or a networking event, or for example, a [inaudible 00:04:54], this is a place where you want everyone in the room to know what you do and who you are as a professional. This might not be something that you might want to be using in public. The way that it works, is you just point the phone toward somebody and it will automatically show the persons name and the profession, and the credits they have, and then be able to access the users profile.

BLOCK TRIBUNE: What is your background?

HILAL AGIL: I studied software engineering at Oxford. I did a masters degree in software engineering.

BLOCK TRIBUNE: Tell me about your ICO plans.

HILAL AGIL: We kind of announced it already, and we haven’t really revealed much information yet, which we plan on doing next month. We have planned on doing a little road show in some cities in Europe to promote the ICO. We will be introducing our own token, the Meanwise token, which would be built on ethereum network. The token is primarily the mechanism for hiring people within our platform and the advantage could be we wouldn’t have lower commission … We’d have a lower commission compared to a [inaudible] platforms. We plan on trying to promote this token. In a way, their other platform could also be using this as [inaudible 00:06:42] option, especially if it’s something to do with the freelancing … If it’s something for freelancers.

BLOCK TRIBUNE: What will your revenue streams be?

HILAL AGIL: By charging the commission for a transaction.

BLOCK TRIBUNE: Okay. Have you determined how much that’ll be?

HILAL AGIL: Not yet. It’s something we are just discussing. Anywhere between two to five percent.

BLOCK TRIBUNE: Okay. How are you going to reach your community of designers, architects, etc?

HILAL AGIL: We plan on doing meetups in different cities, where we would invite people from that particular community. It could be a meetup for designers, where they can showcase their work, or network with other designers within the community. That’s a place where we would be promoting Meanwise as well. Our partner with colleges, for example, design colleges where students might be looking for ways to showcase their work or finding potential gigs.

BLOCK TRIBUNE: Is there a cost to people who upload their art or design or anything like that?

HILAL AGIL: No, it’s completely free.

BLOCK TRIBUNE: Alright, those are my questions. Anything you want to tell me about that I didn’t ask you about?

HILAL AGIL: Maybe the social cause behind it, or why we are building this. I would say it’s … Especially if you’re a freelancer in a developing country and trying to get a gig from a developed country, then there’s a problem where you might want to … There are trust issues there. If it’s somebody from a certain country, then they’ll chance it. People have trouble trusting this person, or trusting whether their work, the quality of their work and all of that. We are trying to build a trusted system, or an open ended system where everyone have equal opportunity.

Read more about this and other ICOs at BlockTribune’s ICO Wiki

Start DateApr 1, 2018
End DateN/A
Offering TypeICO