Current market

Projects that have worked on a decentralized professional network previously 💝

• Indorse - Initially was working on a decentralized professional network but now has become a talent network that is using blockchain for skill validation with the use of tokens. Users can earn tokens from activity on the platform and businesses can buy the tokens to access premium features. Indorse are working on a new version of this network to increase decentralization of the code validation network.
• Dock - Initially Dock had articles stating they were working on creating a decentralized professional network. However since then they have changed focus towards offering a high-performance distributed ledger technology for verifiable credentials.

Projects that are working on a decentralized professional profile 🚀

• Springrole - Decentralized professional profile. Get paid for being messaged, weighted rankings based on other persons relevance, verified resume with companies you've worked with. The company Springworks now focusses more on HR software tools though is still maintaining the profile.

Roadmap to adoption 🚀

Current market impact

A professional profile will be infrastructure for future projects to integrate. In the current market it will be difficult to get traction:

• There is still a relatively small amount of people using cryptocurrencies across the world
• There is a very small amount of people using self sovereign identity solutions or any form of decentralized profiles
• There are a small number of DApps with any significant traction that would value professional profile data

Adoption hypothesis notes

• DeFi looks like it will be the biggest opportunity to bring the most people into the market at the fastest rate. Existing DeFi protocols have shown a strong sign of product market fit.