Welcome to my indaHash Review!
Just recently this company has hit my crypto radar so I decided to give it a look and do a review.
Perhaps you’ve been hearing about this ICO from one of your friends or on social media some place.
If that’s the case you’ve come to the right place.
So, without further ado, let’s get to it!
indaHash Review – The Company
Barbara Soltysinska is the founder of indaHash which she claims is the largest global influencer marketing platform.
After doing some research on Ms. Soltysinska it seems as if she was the co-founder of hugely successful LifeTube.
If you’re not familiar LifeTube is the biggest YouTube MCN in CEE.
After LifeTube’s success they since sold their controlling stake and launched her new business indaHash.
Barbara has won numerous internal and external rewards.
Some of them include:
- EY Entrepreneur of the Year
- 100 Most Inspiring People in Polish interactive business sector
- First women to win the “Man of the Year” award by the MIXX awards IAB 2015
- Business Woman of the Year honorable mention
She goes on to summarize the accomplishments for the past two years.
Since this company has been around they have over 300,000 influencers for 70 countries on their app. The team has grown from 6 people to over 130 people with 7 offices in 7 countries. They claim their office is in New York for the US.
Ms. Soltysinska goes on to say some of her clients are from fortune 500 brands like Coca Cola, Mastercard, Mcdonalds, IKEA, KFC and many more and is just the beginning.
Every month Indahash is sending thousands of money transfers to over 70 countries worldwide which has become a ‘substantial headache’ for the app and their financial department especially and their influencers.
Can you guess why? Let me explain.
indaHash Reviews – Important Changes
For one It’s because of banks. In order to pull this off you would need bank accounts all over the world. It’s extremely hard to manage automatic payments
Second lets not forget about international money transfers. They are expensive as hell and take way too long.
Three influencers have to share all their private data in order to receive these transfers. You could guess most wouldn’t be excstatic about that.
Four and lastly influencers can’t be paid till indaHash receives a final payment from its clients.
indaHash – The Coin
Considering all those pitfalls, the company has decided to implement and introduce the indaHash coin.
Their very own cryptocurrency implemented directly into the indaHash app.
So how is this going to work?
A brand uses indaHash coin to pay for marketing campaigns with influencers.
So if ‘Bob’ makes a campaign with indaHash it means Bob can get his payment in his currency (USD, EUR, Etc) or in indaHash coins.
If Bob chooses the coin he will not only receive his payment with a 20% bonus immediately without having to wait but also as an influencer himself he can also exchange his indaHash coins for certain benefits from brands such as early or discounted access to products.
They are also giving discounts for example if they book a hotel in which the management would like influencers to promote it product or place.
indaHash Pay With Fame
The company is calling this functionality Pay With Fame!
This is great for brands because of two reasons.
Firstly they can reach trendsetters like ‘Bob’ with just a push of a button.
Secondly brands can recieve many valuable reviews from trendsetters in exchange for products and services.
There is no need for additional or manual between each side.
This is thanks to a new system that the company plans on launching the indaHash score.
It will be standardize in the value of a influencers opinion forming power.
They see this as huge potential especially for E-Commerce brands.
And there’s one more thing.
You can also use your coins to create your own cryptocurrency.
This means that ‘Bob’ can have his own ‘Bob’ coins.
I’ve never seen that done with a cryptocurrency.
It certainly is original.
This gives ‘Bob’ the ability to reward his followers for various activities such as leaving comments and likes below his posts.
indaHash – Everyone Wins
How can you benefit from that?
You can reward them and significantly increase engagement which will eventually boost your own reach.
Your probably asking what your ‘fans’ are going to do with the ‘Bob’ coins right?
They can automatically exchange them for t-shirts signed by ‘Bob’ and come to an event etc.
Or maybe create a video to increase engagement within the team.
If you’re into that sort of thing I guess it could be fun lol..
This way ‘Bobs’ fans can get closer to him and he can reward the most involved influencers and increase audience at the same time.
Now that you understand the mechanism of the coins I have a question.
Why will the value of indaHash coin grow over time and why is it even worth considering?
Here’s a few important points.
Firstly the company claims they are consistently receiving money from brands all the time.
So indaHash will buy their own tokens from exchanges in order for them to pay out tokens to influencers.
This is a way to constantly create bigger demand.
It’s pretty simple.
The bigger a marketing business becomes the more valuable the indaHash coin will become.
Secondly as ad revenue is growing they have been able to triple the amount of influencers within the last year.
It looks as if the company can expect further growth.
So the demand of indaHash coins will grow parallely to the indaHash business.
And, last but not least, indaHash believes their coin can become the ultimate and primary means of payment for the influencer community globally.
That is a sizeable ammount considering that the predicted size of the influencers marketing market is to be $10billion by 2020.
indaHash Pre ICO Token
If you are looking to invest with the company here is the Pre ICO schedule. It’s always a good idea to purchase early so you get the bonus which starts at 40% on November 8 2017.
Make a note their is no bonus runs until December 13 where you receive 0% after that during the Pre-ICO.
Basically the Pre-ICO starts November 8 and goes through December 20. They plan on integrating with the exchanges January of 2018. No exact date has been listed on their site as of yet.
Verdict on indaHash
So is indaHash a scam?
Actually this is one of the few legit cryptocurrencies I have come across over the past week.
Ownership is very transparent on the company website on who they are and what there future goals entail.
In my own opinion it looks as if indaHash could be a wise investment if you’re looking to expand your cryptocurrency portfolio. I personally purchase indaHash coins to add to my crypto portfolio.
If you have any more questions feel free to reach out to me below.
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