Bob’s
Repair, a platform of Bob’s Repair cooperation, founded by the Prendecki
brothers. It is a blockchain powered platform whose main aim is to eliminate
the fraud and ambiguity in the skilled trade industry via a decentralized
marketplace.
The problem
of having intermediaries within any given supply chain cannot be
overemphasized. It ranges from hike in the cost of goods and services to
defrauding unsuspecting consumers and contractors. Unfortunately, there is
hardly any sector of the business world that is devoid of intermediaries.
Therefore, any system that could get rid of them would have succeeded in
creating a cheaper and more secure access to goods and services for consumers
on its platform. This is what the Prandecki brothers, together with blockchain
experts and experienced software engineers who founded Bob’s Repair seek to do
using the decentralized marketplace offered by the blockchain technology.
Over the
past three years, the Prandecki brothers have operated a platform that has facilitated
over 50,000 service calls between consumers and skilled trade workers,
transacting over one million (1,000,000) dollars in revenue. As such, the
Prandecki brothers have witnessed how review fraud, hidden advertising fees and
inflated costs pose great problems for the consumer as well as contractors in the
skilled trade industry.
Therefore,
they designed the Bob’s Repair blockchain based platform in order to
eliminate fraud, hidden fees and
inflated cost introduced by intermediaries so that consumers could have access
to skilled trade workers at cheaper rate. Participating on the Bob’s Repair
platform would also help skilled trade workers make more out of their business
as more consumer will definitely want to search for contractors on the Bob’s repair
platform due to low prices, transparency and peace of mind they enjoy while
using the platform. This also means good news for those that would invest on
Bob’s Repair ICO. A huge consumer base means high probability of well concluded
contracts. The more the number of concluded contracts the higher the revenue
generated. The higher the revenue, the higher the value of token purchased.
Hence, the investor gets higher dividend on his investment as well as higher
value of his token.
All reviews
would be linked to actual financial transactions providing consumers with
reviews that are real and unalterable. Bob’s Repair would leverage on smart
contracts to hold payments in escrow and use them as milestone is completed.
Bob’s Repair
is organizing a token sale which is going to kick off on Thursday 4th
January 2018. The name of the token is BOB. Exchange rate for initial coin
offer (ICO) is 1 ETH for 6000 BOB. The soft cap for the token sale is 6,000 ETH
while hard cap is left at 30,000 ETH. 50% of the entire value of the project
would be up for sale to ICO participants. There will be a smart contract
between investors and Bob’s Repair as soon as payment is made. This contract
automatically gives the token holder ownership right of the project. Such a
person will have dividends from the profits made through the project. 20% of
the entire token would be a reward for the team, advisors and bounty campaign. 10%
would be allocated to the legal team while the remaining 20% would be kept in
reserve. The total token supply is 360,000,000 BOB.
On the team
are innovative minds like Alexandre Prandeck, co-founder, COO and Chief
Acquisition Manager, Frideric Prandecki, co-founder, Director of Operations,
Todd Conley, co-founder, Chief Technical Officer and a host of other experience
people. They engaged trusted advisors
like Vitaly Pecharsky, Head of IT Operations, sleakdeals.net, Wilson Cross,
CEO, Co-Founder of GoFetch, Creg Buchan, Systems Engineer, IT Security
Solutions and on their legal team is Roland Ericsson an experienced cooperate
law practitioner in Navada for over four decades.
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