Experty is a new idea merging digital communications and blockchain remuneration.
The company is launching a platform that will enable providers and buyers of expertise to connect and accurately track billable time and compensate sellers instantly.
The Ethereum-based platform will integrate digital communication methods (including a web-based and video-enabled service) with a payment layer provided by their smart contract system.
The company believes that this concept will help those who provide valuable content connect with buyers and enable the transaction to occur seamlessly via the authorization and payment layer they are raising money to try to build.
We recently sat down with Kamil Przeorski, the CEO of Experty to have a chat with him about the project as well as finding out his thoughts and insights.
Thanks for joining us today.
Can you tell us more about yourself and Experty?
I have been a software geek since I was very young. I have been engaged in online marketing activities since the end of 2003. I was working on different ideas for a while.
In 2014 we founded the React Poland software consulting company, which now is transitioning into the product development company called Experty.
Experty was born from a real business need that we encountered during our software consulting company. Because we are engaged with the blockchain / Bitcoin space since 2011 / 2012, blockchain became the obvious choice for this project.
That was how Experty was born. We had a problem and there was no product that was able to solve it.
How did you get the inspiration for Experty?
What was your thought process behind it?
We are solving a problem that we were faced with while running ReactPoland. When clients are asked to pay in advance, we don’t know exactly how long the consultations will last, so it’s difficult to charge them accurately. When we ask for money after the consultation, there is no guarantee that we will get it unless we’re using an intermediary, which costs money. We needed a solution. Experty allows consultants to accept cryptocurrency for their time and knowledge without the costly intermediary.
Who do you think will adopt this kind of model first? Clearly, you are targeting professionals who have valuable knowledge they can get paid to share. But where do you see this developing? Specifically paid seminars and YouTube applications. What else?
We’re focusing on the blockchain community, to begin with, so we believe it will be blockchain experts who are the first adopters. There is a shortage of blockchain experts and a great demand for them. Experty will help that whole community a lot. Expanding from there, we see a lot of potentials for companies to use Experty as a premium hotline service, as well as integrating within their own applications. Experty is a tool that anyone can use.
What do you think is the biggest problem Experty will solve and why is the problem important to solve?
Experty has set out to make it easy to give and receive money for time and knowledge. With it, payment friction is eliminated, and the entire world is able to easily offer their skills online. That’s a huge issue right now, and nobody else has solved it.
Why did you go with the Ethereum blockchain?
Smart contracts are essential to the functionality of Experty. It’s how payments are handled. That said, Ethereum doesn’t have to be the final blockchain used, but it is the most ideal at the moment.
Editors Pick: Experty ICO
The world of work is on the verge of being fundamentally revolutionized by both smart contracts and cryptocurrency remuneration. Experty is an entrant into this space with a slight twist. The platform is a voice-enabled app that allows professionals who give advice by phone (or other digital one stream channel)
What are the greatest challenges you have faced in launching the service so far?
The legal atmosphere around blockchain technology seems to change by the day, so that is something that blockchain companies like us need to be on top of. Facing the legal hurdles is just part of running a good business though, so we are dedicating the appropriate amount of effort towards it.
You say you are not a marketplace – but how would you describe your company? A marketplace enabler?
Experty is an application that can be integrated with marketplaces. Anyone can create a profile and share it wherever they want, such as Linkedin, Facebook, or any marketplace. We’re partnering and integrating with marketplaces in order to expand our reach, but Experty itself is a standalone application.
Your team has worked together before. Can you tell us how those previous projects have influenced the development of Experty?
Our team knows each other well because we were working on over 30 different web and mobile projects across the last 4 years. Some of our team members have been with the company for over 3 years. We learned a lot about software development together and we try to enjoy our work as much as possible while building at top of this great blockchain technology.
What do you think are the biggest challenges facing cryptocurrency being accepted as a global payment-for-services payment form? How does Experty address some of the biggest ones?
With the blockchain, you can trust that who you send money to will receive it, but it’s difficult to ensure you’ll get what you asked for in return. Experty ensures that you will only pay for time spent on a call with someone. It’s a two-way trust that simply wasn’t there before.
What have been the biggest challenges in setting up the company to prepare for the ICO?
ICOs are all about community. You have to listen to what people want and adjust accordingly. The legal aspect of ICOs can also be complicated, but it’s well worth it to have a long-term company as a result.
Moving on to more personal stuff, what does a typical day in your life look like?
I work a lot. My whole life is focused on building this company and working with cryptocurrencies. This doesn’t leave a whole lot of time for much else at the moment. I’m passionate about my work, and it’s part of my lifestyle.
Can you express one personal opinion of yours about the blockchain? It doesn’t matter if it’s negative or positive, we just want to hear your thoughts on it.
Blockchain creates trust between parties. Trust is the foundation for making good financial decisions and deals that play out well. This is going to be a game changer for businesses and individuals alike.
Finally, what other personal goals (besides your career) do you have in life? Is there anything else in life you want to achieve?
I would like to build a strong and happy family.
That concludes our Interview with Kamil Przeorski
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