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How MyStandard is Transforming Job Search with Web3 Techn...
·
Nov 12, 2024
In this interview, Adam and Josh explain how Web3 technology is transforming the job search process, making it more effic...
Deals involving blockchain technology, crypto currencies and/or digital assets such as Security Tokens, Utility Tokens, or NFTs are extremely speculative and present additional risks and may result in total loss of invested capital. PLEASE READ AND REVIEW THOSE RISKS HERE.
This is an offering for the right to certain defined digital assets offered by Mybe Inc. It is not an offering for a share, membership or partnership interest in Mybe Inc. or any of its affiliates.
Deals involving crypto and/or digital assets such as NFTs are extremely speculative and present additional risks. Investor sophistication and enhanced independent reviews are highly recommended.
$MYST Tokens may trade at lower prices on public token exchanges than the prices that the $MYST Tokens are purchased in this Offering.
Shortly after this Offering, the Company may seek listing of the $MYST Tokens on public exchanges. The $MYST Tokens may trade at lower prices on those public exchanges than the prices Contributors acquired them in this Offering, and Contributors would be unable to sell their $MYST Tokens during the lockup and vesting periods.
Investments in private companies are particularly risky and may result in total loss of invested capital.
This is a new company and has neither generated revenue, nor has it had any significant operating history.
There may be other available opportunities that are similar to this investment but have different attributes, characteristics, cost factors, and fees.
*Click here for important information regarding Financial Projections which are not guaranteed*
Problem & Opportunity
The $130B hiring industry is dominated by middlemen
The current hiring market is inefficient because middlemen control who sees your data. They profit on it. Users are left out of relevant jobs, and do not make money on their most valuable asset: their data.
This imbalance makes it impossible for the right candidate and employer to connect. There are currently 8M openings in the USA and 6.8M unemployed workers. Companies are paying, on average, $30,000-50,000 for a single hire without guaranteeing favorable results.
The opportunity for MyStandard is clear: to make an efficient market where all participants have control over their outcomes.
Solution
Paying candidates to respond quickly to employers
MyStandard changes the market by connecting people and opportunities instantly. Paying candidates to respond quickly allows users to earn more if they have detailed and updated profiles.
This creates a more dynamic and cost-effective talent acquisition process without disrupting daily habits.
Value transfers to people through the $MYST utility token. Companies acquire the token from the open market. This is then used to ask people for their data. Companies cannot sell the tokens on the platform, only use them.
MyStandard’s decentralized marketplace transforms how data is shared, validated, and monetized, starting with the the hiring industry.
Beyond hiring
People can monetize the
$1 Trillion global data industry
Talent acquisition is only the first industry MyStandard aims to disrupt. Across numerous sectors, people freely share information without being compensated for it.
Think of these other data-centric industries we can land and expand into: background checks, credit checks, medical records, advertising, actor profiles, athlete data, and consumer research.
What happens when people own all of their data?
Business model
Multi-layered revenue streams
MyStandard takes a 20% fee on every accepted data request, creating a scalable and predictable revenue stream.
Unlike current talent acquisition middleman, we align with our users and make money when they make money.
The platform’s incentive structure drives continuous user participation. Individuals are rewarded for uploading, verifying, and sharing their personal data.
The model has significant upside-potential for revenue as MyStandard expands into other industries beyond talent acquisition and monetizes current users in new ways.
MyStandard plans to introduce subscription services for companies, offering them white glove services for managing their wallets and accessing candidates, allowing for multi-layered revenue streams.
Roadmap
Rapid user growth and product development
MyStandard expects to scale across multiple industries and regions. In the first year, they aim to solidify their position in talent acquisition by expanding both sides of their marketplace.
-Candidates receive network testing rewards, multiple times, for setting up detailed profiles and helping to grow our network
-Clients get launch partner status, marketing for their open roles and bonus data requests with no expiration
-On top of the utility for $MYST, the token acts as a marketing tool as we expand to more chains, centralized exchanges and grow our community
Increase collaboration with Chainlink Labs and Avalanche while launching the MyStandard Layer 1 and University Credentialing Infrastructure
Traction
Active online community & high-profile investors
MyStandard has successfully launched two apps. Both companies and candidates can instantly interact on web3 infrastructure that responds like any other web2 app.
MyStandard has:
Gained 80k+ followers on X
Onboarded users and clients to our production apps
Built an active community of 1.8k+ members on Telegram
Forged key partnerships with major players in blockchain and tech, including Avalanche, Chainlink, IBM, Nuklai, and Winklevoss Capital
Secured investments from Ava Labs (Off The Grid, Securitize), Gaingels (UpEquity, Hummingbird Healthcare), and Winklevoss Capital (Gemini, FileCoin, Angelist, etc ) and more
Tokenomics
Leadership
Disclosures
This notice should not be construed as an offering of securities or as investment advice or any recommendation as to an investment or other strategy by OpenDealBroker LLC dba the Capital R ("ODB"). OpenDeal Broker LLC is compensated in cash commission and tokens issued by Mybe Inc. Mybe Inc. will pay OpenDeal Broker LLC: a 5% cash commission, with a minimum fee to ODB of $25,000 per Offering, and 2% of the dollar value issued in securities/tokens to Investors pursuant to each Offering at the time of closing (as such terms are defined in the offering engagement agreement between ODB and Mybe Inc.).
Mybe Inc. has engaged ODB to conduct an offering ("the offering") of digital assets $MYST issued by Mybe Inc. to eligible persons on the Republic platform (the "Platform").
The offering will be in digital assets $MYST issued by Mybe Inc. and not equity in the company Mybe Inc., or any other entity.
This is a speculative, risky investment and may be illiquid or pricing may substantially fluctuate in value. You may lose money.
All broker-dealer related securities activity is conducted by OpenDeal Broker LLC, an affiliate of OpenDeal Inc. and OpenDeal Portal LLC, and a registered broker-dealer, and member of FINRA | SiPC, located at 149 5th Avenue, 10th Floor, New York, NY 10010, please check our background on FINRA’s BrokerCheck. Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest. Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC verify information provided by companies on this Site and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Site can be found by searching the EDGAR database, or the offering documentation located on the Site when the offering does not require an EDGAR filing.
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THIS OFFERING IS CONDUCTED PURSUANT TO RULE 506(C) OF REGULATION D PROMULGATED UNDER THE SECURITIES ACT AND IS LIMITED SOLELY TO ACCREDITED INVESTORS AS DEFINED IN REGULATION D UNDER THE SECURITIES ACT. ONLY PERSONS OF ADEQUATE FINANCIAL MEANS WHO HAVE NO NEED FOR PRESENT LIQUIDITY WITH RESPECT TO THIS INVESTMENT SHOULD CONSIDER PURCHASING THE $MYST TOKENS OFFERED HEREBY BECAUSE: (I) AN INVESTMENT IN THE $MYST TOKENS INVOLVES A NUMBER OF SIGNIFICANT RISKS; AND (II) NO MARKET FOR THE $MYST TOKENS CURRENTLY EXISTS, AND EVEN IF ONE WERE TO DEVELOP, THE $MYST TOKENS OFFERED HEREBY ARE SUBJECT TO TRANSFER RESTRICTIONS AS DESCRIBED HEREIN. THIS OFFERING IS INTENDED TO BE AN OFFERING THAT IS EXEMPT FROM REGISTRATION UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS.
This Offering is limited solely to Purchasers who are “accredited investors” as defined in Regulation D. To be eligible to participate in the Offering, you will be required to represent to the Company in writing that you are an accredited investor and must have provided a third-party certification attesting to such status as required by Rule 506(c). You must also represent in writing that you are (i) purchasing the Subscription Agreements for your own account and not for the account of others and not with a view of reselling or distributing the $MYST Tokens, (ii) not domiciled or a citizen of a country in which cryptocurrency offerings are illegal, and (iii) not from countries which the Office of Foreign Assets Control has deemed a “sanctioned” country.
In order to qualify as an “accredited investor,” a potential Purchaser must meet one of the following conditions of the date on which the Token Purchase Agreement is executed and as of the date of the purchase:
(i) Individual – Income Test. An individual who had an income in excess of $200,000 in each of the two most recent years (or joint income with his or her spouse in excess of $300,000 in each of those years) and has a reasonable expectation of reaching the same income level in the current year;
(ii) Individual – Net-Worth Test. An individual who has a net worth (or joint net worth with his or her spouse) in excess of $1,000,000 (excluding the value of such individual's primary residence);
(iii) IRA or Revocable Company. An Individual Retirement Account (“IRA”) or revocable Company and the individual who established the IRA or each grantor of the Company is an accredited investor on the basis of (i) or (ii) above;
(iv) Self-Directed Pension Plan. A self-directed pension plan and the participant who directed that assets of his or her account be invested in the Partnership is an accredited investor on the basis of (i) or (ii) above and such participant is the only participant whose account is being invested in the Partnership;
(v) Other Pension Plan. A pension plan which is not a self-directed plan and which has total assets in excess of $5,000,000;
(vi) Irrevocable Company. An irrevocable Company which consists of a single Company (a) with total assets in excess of $5,000,000, (b) which was not formed for the specific purpose of investing in the Partnership, and (c) whose purchase is directed by a person who has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of the prospective investment;
(vii) Corporations and Other Entities in General. A corporation, partnership, limited liability Company or Massachusetts or similar business Company, that was not formed for the specific purpose of acquiring an interest in the Partnership, and which has total assets in excess of $5,000,000; or
(viii) Entity Owned by Accredited Investors. An entity in which all of the equity owners are accredited investors. OpenDeal Broker LLC is a New York limited liability company. Neither OpenDeal Broker LLC nor Republic Crypto LLC d/b/a Republic Advisory Services (“Republic Advisory Services”) nor any of their affiliates has independently verified any of the information provided or makes any assurances as to the completeness, accuracy or reliability of any such information provided by the Company.
