GoRecruit will provide companies with the tool set to significantly reduce the time and the cost of finding a perfect employee and improve the quality of decision-making.
You can’t trick GoRecruit: its algorithm evaluates applicants’ soft skills and professional aptitude rather than their self-presentation abilities at interviews.
On the average, the GoRecruit service is 1/40 as expensive as a traditional evaluation procedure. It creates a huge potential for tokens.
First IEO Round Cap: $1,200,000
IEO Hard Cap: $12,500,000
Token Price: $0,01
First IEO round: $0,0083 (+20% bonus)
Total supply: 2,450,000,000 GRT
Platform: Ethereum
Token standard: ERC-20
GoRecruit is a platform for job candidate evaluation by analyzing publicly available data and social media accounts. The service is rating each applicant according to their professional aptitude for different job positions.
As soon as a position becomes vacant, an HR-specialist has to perform a number of operations, e.g. advertising the job, collecting CVs, analyzing them, interviewing applicants (sometimes several times), and selecting the best ones. This process may take weeks, even months. During this time, the company looks forward to getting a valuable employee and spends money on recruitment. However, in the end, the final decision might turn out to be wrong as many applicants have learnt how to pass a job interview "properly".
GoRecruit makes it possible to conduct evaluation in a few seconds, compare all applicants and choose the best one. Thus, a company is able to shorten the time for filling a vacancy, reduce the cost of HR decision-making, minimize staff turnover and, ultimately, increase its profits.
Right now, GoRecruit makes it possible to evaluate a candidate based on more than 70 parameters, including basic ones (age, gender, education, literacy) and more complex ones, such as social activity, mental stability, psychological profile, etc.
These data are processed by our unique algorithm based on text analysis and a neural network. As a result, one can obtain an unbiased candidate profile and assess their professional aptitude.
One can say that an evaluation algorithm simulates "human" approach. However, GoRecruit processes much larger amounts of data than a regular HR-specialist and does it only in a matter of seconds.
The AI-based GoRecruit system makes it possible to carry out an unbiased evaluation using more than 70 parameters from public sources. There are basic parameters, such as age, gender, education, literacy, interests, and more complex ones, like social activity, mental stability, psychological profile and others. All data processing is enabled by a unique algorithm based on text analysis and a neural network.
Essentially, GoRecruit simulates human decision-making process. It only takes a matter of seconds for an expert system to process a multitude of parameters, which is beyond normal human capacity.
We started investigating this field 8 years ago, and discovered that there is a correlation between the way a person presents themselves in social media and their real psychological profile. Later on, we were able to prove our hypothesis by building a mathematical model and developing an initial interface of the system. We tested the product in a company with more than 1000 employees.
A working version of the product is presented on the GoRecruit website (http://gorecru.it). It processes data about Russian citizens from the VK social network and other public sources. Nearly 500 companies use the service.
Having undertaken the research and confirmed the hypothesis, we see an opportunity for replicating our product on the global market. There are now over 3 billion social media users in the world, and the number continues to grow. Headhunters have long used social networks to find and hire employees. In fact, social media are an essential tool in HR. However, as they grow, the need to automate the process and improve the quality of decision-making increases as well. For this purpose, we have developed an artificial intelligence system that will reduce bias in hiring decisions and cut down expenses on maintaining HR staff by optimizing its work routine.
Yes, they have. Being the residents of the Skolkovo Foundation, we passed the expertise of the Foundation for Assistance to Small Innovative Enterprises and won a three-year grant for scientific research. The project gets investments from our personal funds as well.
The information will be announced after the first IEO round.
After the first IEO round is over, the token price is $0,01. Experts predict sustained high demand for GRT tokens after the public IEO is over.
Since in addition to candidates’ profiles, GoRecruit will analyze information about previous employers and achievements, in turn blockchain is going to ensure that provided information is reliable. These features will be especially valuable for HR-specialists. GoRecruit will provide users with new potential applications of cryptocurrency in recruitment, and create transparent, liquid and safe token economy operating at a corporate level.
GRT token, or RecruitCoin, is a token of the GoRecruit project on the basis of the grt-token smart contract and ERC-20 standard of the Ethereum blockchain platform. GRT are a means of payment, which the GoRercruit token economy relies on. GRT tokens can be used to pay for all services, as well as for transfers between GoRecruit users.
The initial release of tokens will be 1,274,000,000 GRT and no future emissions are planned.
You can take a look at the code on our GitHub page. The smart contract is also there.
TGE participants receive a 20% bonus at the stage of first IEO round. For example, purchasing 1,000 tokens will generate 200 tokens of profit. Thus, the effective price of GRT is $0,0083.
Ethereum and Bitcoin
No, a lower limit does not exist.
The tokens remaining after IEO will not be issued
The nominal cost of one GRT is $0,01. For $300 you are getting 30000 GRT. However, during the first IEO round there’s a 20% bonus. That’s why you will also get additional 6000 tokens. As a result, you’ll receive 36000 GRT with effective price of 1 GRT being $0,0083
