I hate to ask this and i'm a bit lazy in checking out the website so what is IndaHash really all about?I know it's already running yes but i want to know why they are going to conduct ICO? And as a potential investor, what is the benefit that we will get from this(I'm not an influencer and not an audicence)?
Hello Chrmel612,
indaHash is an already established business connecting world biggest brands with influencers globally. Our unique idea was to monetize mid-tier influencers and let them make money on their passions. You can learn more here -
https://www.youtube.com/watch?time_continue=1&v=AQ4MUrCBxQ4The indaHash Coin is a universal cryptocurrency payment structure available to social media influencers, their audiences and brands. With the introduction of the indaHash Coin, indaHash will solve a wide range of issues and challenges between influencers, brands and audiences, while allowing network of global influencers to play a part in the rapidly growing cryptocurrency market.
How it works: The indaHash crypto-economic system works between three groups: brands, influencers and audiences.
BrandsBrands use indaHash Coin to pay for marketing campaigns with influencers. Because of this, influencers, no matter where they are located, can receive payments immediately, eliminating the 30-60 day waiting periods for payments. As part of a completely new service, “Pay-With-Fame”, influencers will have the possibility of exchanging their earned indaHash Coins for a variety of different offers from brands. For example, influencers will receive early access to limited edition products, as well as events and exclusive workshops. The new feature will change the way brands work with influencers by allowing influencers to receive exclusive discounts on products and services they wouldn’t normally receive. Brands will also benefit from this feature by receiving authentic reviews from desirable trendsetters.
InfluencersInfluencers, based on indaHash Coin, can create their own tokens and use them to increase their audience engagement by rewards and gamification. They are also able to exchange their indaHash tokens for payout, or hold onto them in hopes their value will grow with time based on the cryptocurrency marketplace. Most importantly, payout with indaHash Coin will allow them to be an integral part of the growing and evolving cryptocurrency industry.
Audience (followers)Influencer audiences can use collected tokens and exchange them for exclusive actions set by the influencer for their community. For example, customized prizes personalized by the influencer, one on one meetings and other social activities.
Growing value of the influencer marketing industry and buy-back:* Having indaHash Coins contributes directly to being a part of the influencer marketing industry. The growing number of influencers and the increasing market value, which should reach between $5-10 billion dollars by 2020, will also boost the value. The value of the indaHash Coin should reflect its growth.
* indaHash Coins will be regularly bought by indaHash from crypto exchanges. We will provide the liquidity of our currency and the purchases regardless of its current market value. indaHash will issue 80% of all tokens to the crypto-community. In order to be able to settle the payments in indaHash Coin, the company will regularly purchase its own indaHash Coins for the fiat currencies received from brands we collaborate with.
* Purchase price IDH through indaHash will always be based on market value and, also according to the market value, will be transferred to the influencers for the campaigns completed. Therefore, regardless of the exchange rate, indaHash Coin will be constantly purchased.
Users of indaHash Coins will not only be influencers, but also brands and followers, which in turn should allow the demand for indaHash Coin to continue to grow over time.
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