GoRecruit – ICO Detailed Information

Prices of cryptocurrencies saw massive changes in the last few years, more than ever in their history. First, there was the well-known emerging from the shadows in 2017, which brought digital coins to the attention of the world, and launched their prices to heights that no one dared imagine only a few months earlier. Then, 2018 came, and with it, a year-long crypto winter, where bears roamed the market throughout the year, causing the prices to drop by 80%, 90%, and more, depending on the coin.

Now, the prices are rising once more, the investors are returning, and new would-be coin holders are entering the market all around the globe. Cryptocurrencies are also receiving new use cases, many of the existing projects are becoming faster, more secure, and better, in general.

However, there are also new coins that are constantly emerging, and while their arrival to the crypto space was significantly slowed down due to the lack of optimism in 2018, things are changing for the better. In other words, ICOs are back, and in quite a great number, at that. Of course, nobody can tell which projects are going to become successful, but that is why so many people find it so exciting. One ICO with excellent ratings and a lot of excitement about it is GoRecruit ICO, which we wanted to take a closer look at today.

About GoRecruit

GoRecruit is an AI recruitment system that utilizes blockchain technology. It is imagined as a new way of evaluating job applicants, which uses AI for bringing better HR decisions. It would analyze as much data as it can find online, including all publicly available sources, and even social networks.

It would then select applicants for an interview, thus relieving people who would previously have to spend hours upon hours of analyzing and processing data in order to do the same. This way, employees will receive detailed information, as well as recommendations, nearly immediately after authorization of a candidate in the system.

The system will also eliminate human error, which is one of the larger issues in any industry these days, as well as the cost of HR services. In addition, it would make access to vacancies a lot more open.

GoRecruit ICO details

Unfortunately, GoRecruit has still not revealed the date and time of its upcoming ICO. All that is known in this regard is that the project is in development and that it is expected to arrive shortly.

However, there is a lot of additional information, including the token's name — GRT — as well as the fact that it is designed as a utility, and developed on Ethereum's platform. The project originates from British Virgin Islands, and once its ICO starts, it will not allow US-based participants. However, anyone else is allowed and welcome to join, provided that they go through a KYC procedure.

The project has also announced that it does have an MVP, a bounty, as well as a bonus. Meanwhile, it will accept fiat currencies, as well as Bitcoin and Ethereum.

Its preICO price is scheduled to be $2.5, while the price during the ICO itself will be $3. Also, the project has announced that its soft cap will be at $2 million, and the hard cap is set at $12.5 million.

Author: Ali Raza for Crypto-Rating.com

• 2012. Initiation of the research in the field of open-source data analysis for HR decision-making purposes.
• 2015. Development of a job candidate evaluation algorithm based on data from the VK social network and implementation of the first version of the product.
• Q4 2015. Product rollout in the first large company (1,000 employees), and carrying out studies to prove the initial hypotheses.
• Q1 2016. Launch of the first version of product 100 active users.
• 2017. Launch of the second version of the product with a new GUI.
• Q4 2018. Development of a Blockchain architecture. Development of a profession modeler.
• Q1 2019. Development of a PWA platform. Mobile application development for Android and iOS.
• Q2 2019. Increasing the number of publicly available sources for data analysis. Development of a robust architecture and a load balancing system for computational application instances for the purpose of project scaling.
• Q3 2019. Localization of the product by translating it into 5 most spoken languages in the world. Global market expansion.
• Q4 2019. Conducting additional research regarding applicant's social media profile parameters and other data from public sources that may affect HR decision-making.