Connex Review
Connex
connex.social
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Their Official site text:
What is Connex?
Web3 provides young individuals – regardless of job position – the ability to become an expert in this growing field without having to climb the decades-long latter to reach a level where you can contribute meaningfully to a company or specific field of work. The smartest people in the world are moving into Web3 – exiting FANG companies – and joining crypto companies or DAOs.
However, there is no Web3 job marketplace to provide such information in a decentralised way. With token incentives, talents are willing to upload their CV and Connex could integrate on-chain credential with their uploaded CV. With such on-chain and off-chain personal credentials, Crypto Companies, social DAOs, protocol DAOs, NFT gated DAOs, investment DAOs and more are attracted to the platform and further boost people’s adoption. These on-chain and off-chain integrated credential help people to create their own web3 professional community.
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Guides
Follow our handy guides to get started on the basics as quickly as possible:
Good to know:Â
As a jobseeker, you could start with browsing all kindes of jobs listed on connex.social, be familar with the opportunities and requirements. Your next step is to build a solid CV with your daily-using wallat address. Your CV will be your input of off-chain credential and auto-detected on-chain credentials.
As a HR/recruiter, you could start with browing all candicates who are looking for your roles. You need CONX token to unlock visibility and you are recommended to post your job position and spread your words.
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Usage
Connex aims to build a permissionless, open, and collaborative Web3 professional network. The CONX token is an essential component to such infrastructures as it functions as the governance token, incentivizes user participation, and serves as the primary payment token of the Connex ecosystem.Â
Connex is designed to reward high integrity and proof of fraud. CONX tokens are used to reward the platform users. CONX can be used for rewarding people who upload their CVs with high quality, or reward people who get most viewed and liked. The amount of CONX tokens rewarded will be determined through the voting and governance feature of the platform. People who create circles on Connex and share their valuable views about the circle topics are also welcomed by the platform.Â
Here are the utilities of CONX:Â
Pay for Subscription
CONX is paid in exchange for subscribing a company or subscribe a SME in the field for talent recruitment and hiring purposes. This would allow them to view and like the CVs uploaded by users of Connex.
Pay for Credential
CONX is paid in exchange for viewing personal on-chain and off-chain credentials of the users. Companies and SMEs may identify their candidates more easily and accurately with the platform’s on-chain and off-chain labels.
Pay for Circle
CONX is used for entering a professional circle, where they may share their valuable views on Circle topics. Users who share their views on Circle will be rewarded with CONX tokens. The amount of CONX tokens rewarded will be determined by tokenholders through the voting and governance feature of the Platform.
Pay for Exposure
CONX is used for a better exposure of a company or people. Companies or SMEs may use their subscription of the Platform for marketing and branding purposes, such as to increase their exposure to users and to build their brands by providing users with details of their respective companies, including their products and services, vision and mission statements, job vacancy descriptions, reasons for joining their respective companies etc.
Governance
CONX is used for voting & governance in Connex DAO, including voting on the fees to be paid by users, companies and SMEs to use the platform, the subscription fee to create and enter the Circle, the use of the tokens in the Community Treasure and the accuracy of a job or CV.
Integrity Assessment
CONX can be staked against any job or credential on the platform to ensure and vouch for the credibility of the job or CVs for an exposure period. If the credibility of the job or CV is not challenged, then the tokenholder who staked the CONX tokens will be rewarded with more CONX tokens. However, if the credibility of the job or CV is challenged and the information therein is proved to be inaccurate, then the staked token will be burnt. The determination of the accuracy of the job or CV is conducted on-chain through the voting and governance feature of the Platform. While there may be plans to reward successful challengers of such job or CVs, and earn CONX tokens for such participation, this is in the process of being established and is currently not a feature of the platform. For the avoidance of doubt, the CONX tokens do not confer upon tokenholders any right to rewards by virtue of their holding of the CONX tokens only, but is a right to vouch for the credibility of a specific job or credentials on the platform on staking of the CONX tokens which, in turn, grants right to rewards on determination of the credibility of such job or credentials based on the exercise of voting rights and participation in platform governance by the tokenholders after their staking of the CONX tokens.
Community Treasure
20% of the total supply of the token will be distributed to the Community Treasure, which is intended to be used to reward users who boost the platform’s growth and usage. For example, users will be rewarded when they recommend their friends, who have the capability and who are willing to work in the Web3 industry, to use the platform. Users who suggest new platform features to boost platform usage and smoothen the integration between the platform and other major talent hiring sites will also be rewarded. The amount of CONX tokens rewarded or decision on whether to adopt the new platform features will be determined by tokenholders through the voting and governance feature of the platform.
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​Distribution
Symbol: CONX
Total supply:Â 100,000,000
Token Address:Â 0x1b2128AbC4119474D16Bb0a04200B63B0e68A971
Ecosystem: 35%. 6% of this part will be released immediately, and the remaining part will be released in an equal proportion for 40 months the month following the listing on the exchange.
Community Treasure: 20%. A linear release of 40 months after the listing on the exchange.
Marketing: 15%. 6% of this part will be released immediately, and the remaining part will be released in an equal proportion for 20 months the month following the listing on the exchange.
Foundation: 15%. After 12 months of listing on the exchange, it will be released linearly in equal proportions for 15 months.
Team: 10%. After 12 months of listing on the exchange, it will be released linearly in equal proportions for 10 months.
Advisor & Partner: 3%. After 12 months of listing on the exchange, it will be released linearly in equal proportions for 10 months.
Early Adopter Reward: 2%. Fully unlocked at TGE