Canlead
Canlead Ltd headquartered in London operates an online recruitment and property advertising marketplace which is accessible via its websites and mobile apps. Members can use the service to post business opportunities such as a job or service and make referrals to earn extra income.

Canlead IEO
The project is not to disclose the data on the current fundraising campaign
16.09.2019-06.10.2019
Goal $500 000
Buy tokens
Current CAND price
0.033$
Min purchase
25$
EN
Discounts & bonuses

Round 1 - 20% bonus from 16.09.2019 to 22.09.2019

Round 2 - 10% bonus from 30.09.2019 to 06.10.2019
Project Overview
Project Overview
Project description
Canlead improves the concept of the social networking that LinkedIn was built on, the sharing economy where Uber and Airbnb found their monumental success, and the token ecosystem in which Aworker, Dock and Libra are building on.

Let's understand how the Canlead multi-party incentive system can motivate a three-sided market of employers, candidates, and referrers to collaborate and create a new "opportunity sharing economy," as envisioned by Michael Quan, Founder and CEO of Canlead.

Canlead can be described as a blockchain-based online job and business opportunity sharing and referral marketplace.

A marketplace because the recruiters, or referrers (which can be any one of us), are working together within a network of interconnected peers. This is the human factor involved in connecting prospects with opportunities (this is called a referral). And, as a decentralized platform, there are built-in incentives for everyone to be motivated to participate with their best intentions.

In the future there'll be a network of millions of active referrers (recruiters, agents, leads) trying to snatch a piece of the pie, right? Well, Canlead has a solution for this challenge, too. In order to provide personalized, engaging, and timely recommendations (be it a job or a business opportunity) to millions of candidates (seekers, friends, ex-colleagues) and customers (employers, owners, providers) referred by millions of referrers, Canlead FEEFER Artificial Intelligence will give each opportunity a corresponding weight. This will be one of the primary metrics for sorting opportunities. The most committed and recently interacted opportunities will have higher weightings while opportunities from a long time ago will have lower weightings.

How does Canlead reward successful referrals? Canlead simplifies the payment process with a set of advanced smart contracts hosted on the Ethereum blockchain. One of these contracts is the Canlead Fee Staking System Smart Contract (FairOp) where the customer or employer is spending tokens to advertise their job opportunities, the referrer is staking tokens with the expectations of getting the offer, and to claim the referral (success) fee directly within the trustless system that the blockchain provides.

Finally, how did Canlead addresses the Proof of Opportunity and Referral challenge? This is expressed in a formula where the whole system enforces good behaviours using a combination of the Fee Staking System and new user roles. The staking fee confirms the commitment of the opportunity provided, the referral made and, at the same time, provides liquidity to the Canlead ecosystem and its CAND token. The additional user roles such as the Verifier who verifies the authenticity of the opportunity and referral, and the Mediator who mediates conflicts between multiple parties; customer, candidate and referrer. Canlead not only solved the Proof of Opportunity and Referral problem but offers a self-governed ecosystem, so no more phoney user profiles, fake opportunities and rip-off fees!

Canlead is on the right track, with an experienced team and a working MVP, but only time will tell if a combination of technologies and the creation of a network of referrers will solve the job searching, recruiting and hiring frustration. There will still be millions of jobs and users available on the Canlead platform as these "traffic" could be sourced from Jobfeed and other services but only the five most suitable candidates are allowed to be referred to each customer's job opportunity by each referrer. By design, the customer or employer gets to choose from a small pool of high quality talents and pay a referral fee on each successful hire. So, in the end, human decides, AI supports, and Blockchain pays. Canlead is just joining the market, while Monster, Indeed, and LinkedIn failed to innovate in all these years of being in the lead.


Tokenomics
Token usage & ecosystem
At the centre of the Canlead ecosystem is a set of advanced smart contracts hosted on the Ethereum blockchain - it's open source. The approach to Tokenise Opportunities is based on the Canlead Fee Staking System Smart Contract (FairOp). It's similar to the blockchain voting concept, where users spend the Opportunity Stake Token to advertise their job opportunities and the Referral Stake Token to obtain the job opportunity they want to refer talented candidates.

The design has three components:

FairOp (Fair Opportunity)

When the Customer lists the job opportunity with the success fee and the opportunity staking fee onto the opportunity board, the Sharing Service passes the staking fee in Canlead Token

to the FairOp Smart Contract to open a contract. The staking fee confirms the commitment of the opportunity provided by the Customer and provides liquidity to the Canlead ecosystem.

There is also a cancellation fee to deter bad actors. FairOp Smart Contract can be called by third-party services via the Canlead API.

FairOpMgr (FairOp Manager)

The Smart Contract Manager receives the user wallet addresses from the User Wallet Registry and passes them to the Smart Contract if they are verified successfully. Any unregistered or unrecognised wallet addresses that are trying to access the Smart Contract will be rejected.

FairOpReg (FairOp Registry)

The User Wallet Registry stores the user wallet addresses and passes them to the FairOpMgr for verification.


Tokenomics
Launchpad Hard Cap
500 000 USD
Total Token Supply
1 000 000 000 CAND
Public Sale Token Price
0,033 USD (price in ETH will be determined on the 1st day of the IEO)
Launchpad Allocation
17 500 000 CAND
Token Type
ERC20
Token Distribution
TBA
Token allocation
Use of funds
45%
Development&Operations
40%
Marketing&Sales
10%
Contingency
5%
Legal
Team & Key Advisors
Michael Quan
Founder and CEO
Siri Narasimham
Business Director
Nito Martinez
CTO
Felipe Alarcon
Operations and Project Manager
Joseph Lee
ICO/ IEO and Tokenomics Advisor
Irina Spekman
Business and Funding Strategy Advisor
Michael Creadon
Marketing & Fundraising Advisor
Peter Gold
HR-Tech Industry Advisor
John Larsen
ICO/ IEO and Tokenomics Advisor
Team
Partners
SHORTEX does not provide financial advice and cannot guarantee that the value of CAND will increase after the crowdsale. The price of CAND is entirely determined by the people buying and selling it.

SHORTEX mission is to connect contributors with entrepreneurs. Contributing via tokens could be a great way to build a better future while involves high risk of loosing contribution value.

SHORTEX does not give any investment, legal, tax, financial advice or warranty of token price performance or successful fundraising. Information on this webpage is presented by a project and is not endorsed or verified by SHORTEX unless it is explicitly stated.

SHORTEX does not give any investment, legal, tax, financial advice or warranty of token price performance or successful fundraising. Information on this webpage is presented by a project and is not endorsed or verified by SHORTEX unless it is explicitly stated.
COMPANY
PRODUCTS
LEGAL
CONTACTS
Record group limited, Samoa
Primary payments provider: Crypto Trading Services OÜ, Mustamäe linnaosa, Laki tn 30, 12915, Harju maakond, Tallinn, Estonia
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