Why I Invested $50,000 in Profede ICO and plan for more.
I have over 15 years of experience in the financial industry, ranging from investment to real estate financing. I ultimately launched my own privately held hedge-fund, shared by my close acquaintances,that exclusively focuses on the cryptocurrency industry. In my past life, I co-founded and served as the Vice President of a $20 Million international import/export company.
As far as Profede goes, I read their white paper and I believe I was one of the first investors that initially invested $50,000. What attracted me to Profede is the outstanding team, its track record and an already working product. In addition, I also am extremely positive on the ultimate value of what this utility token could become.
After reading their whitepaper, I was easily able to understand the value proposition. For one, you have an existing partnership with BeBee and others . So, that means you already have the demand and second, you have collected massive amounts of data on the engaged audiences, ranging from user characteristics to job inquiries. And, this data can immediately be marketed to blockchain companies. Of course, third, there is a limited supply of data (inventory). This adds the kicker because the more demand that uses Profede product, the price of the supply will go up. Therefore, in a simple sense, this becomes a basic supply & demand logic. Needless to say, I’ll be holding on to my investment since they clearly have the ability to own the the first blockchain powered marketplace of professionals.
Now as to how I do personal comparison on growth potential, well as of today, Bitcoin has a market cap of $200 billion. The industry Profede is in (Jobs Platform) will do Billions this year. On top of your current product, you are planning to fix the digital advertising problems faced by your industry. This was a major attraction for me. Furthermore, you have a solid team with a track record of 20+ years in the space. You are the only company that I believe that can use blockchain to combat manipulation & corruption in this domain, keeping it transparent and rewarding the professionals. Those two are interesting value proposition to tackle as it’s costing the professional industry huge amounts of loss. If you are successful in fixing these issues, you will be one of the first companies to add billions of dollars back into this industry by using blockchain technology.
I don’t think I have seen a blockchain company to date that has a bold vision like Profede, especially with the foresight to execute on it. With all the best wishes and heartiest support,
Roberto Ricci.
