How was SpringRole’s 2018? An Year-in-Review

2018 was a year of many firsts for SpringRole. We launched our Beta product, added several features, launched and successfully concluded our Token sale, grew our user base+community from almost nothing to over 100,000 members, added a dozen colleagues to our team, and got our first paid client. Therefore, it’s only pertinent that we take a look back at the year gone by.

Our biggest learning from 2018 was to not get distracted by the vagaries of the Crypto ecosystem — the boom and bust cycles and all the hype and hoopla that comes along with it. We decided to make #BUIDL our sole focus for 2018 and beyond. That focus has held us in good stead.

Our immediate goal is to launch the full-fledged SpringRole platform by Q2 of 2019. And we are glad to say that we are on-course.

Year-in-Review: 2018

Probably the best way to summarise SpringRole’s 2018:

We started 2018 with zero users and ended 2018 with 35000+ signed-up users on our platform.

Here are a few highlights from last year:

  • Launched our beta platform in January last year to enable everyone to create their #VerifiedProfessionalProfile on the blockchain. We have since launched several features on the platform including 1-click Work Experience import (via LinkedIn), skill endorsements, work experience verification and messaging.

Have you created your SpringRole profile yet? If not, claim your profile at and get 1000+ SPRING tokens in your SpringRole wallet. Check out SpringRole CEO, Kartik M’s SpringRole profile below.

  • Launched and concluded a token sale that saw participation from some of the biggest names in the Crypto/Blockchain ecosystem incl. AlphaBlock Investments, DNA (Brock Pierce and Scott Walker’s Blockchain investment and consulting firm), Isaac Lee’s BlockWater, and Wavemaker Genesis.
  • Community growth: we built one of the largest following+community in the Crypto world of over 100K users across Telegram, Facebook and Twitter and e-mail subscribers.
  • Team growth: We grew our team by 400% from 4 team members to 16, adding some of the smartest technical minds who are as passionate about our mission and amplify the #BUIDL mindset at SpringRole. Perhaps the greatest attestation to our mission and team culture is a ~90%+ employee retention throughout 2018.

  • Privileged to add some of the most solid advisors to our Team of Advisors including Alex Waters, Rick Marini, Toni Lane, Nitin Sharma and Miguel Forbes among others.

Have you upvoted our Company-Advisory Verification launch on ProductHunt? If not, do it now!

  • Deployed several sign-up methods for our users to make it easy for everyone. Sign-up methods include Google, Facebook, Blockstack, Telegram, Civic, Portis, and Dock.

  • Partnerships with several players from the ecosystem went live —Lucidity, Aikon, Guardian Circle, Zeus Protocol,, Civic, and Bloom being some of them.
  • Launched the Messaging feature that allows users to send messages on the platform by using up their SPRING tokens. Users can choose to get paid to respond to these messages, thereby eliminating spam.
  • Participated, partnered with and spoke at several leading Blockchain and Crypto conferences — Rec+ Conference in Berlin, Block2TheFuture in San Francisco, World Blockchain Forum in Dubai, ETHIndia conference in Bangalore, Token Galaxy in Newark, and more.
  • Launched Rewards on the platform that allows users to earn SPRING tokens for performing actions on the platform.
  • Launched our own chain — SPRING chain — which has had over 1400 transactions. Some of these were users’ first ever blockchain transaction.
  • On-boarded over 100 companies on the SpringRole platform.

Side note: Did you know that you can earn SPRING tokens by referring (or on-boarding) your company on the SpringRole platform? Login to your profile and head over to the Referrals section.

  • Acquired our very first paid client that used our platform to verify all of their 50+ employees. We are especially proud of this highlight from 2018.

Want to verify your employees with our BGV (Background Verification) product? Write to us at [email protected] and our team will contact you within 48 hours with the details.

  • Featured across digital and print media dozens of times — perhaps, the most cherished among them being featured in WIRED.

  • We ended the year on a high note when we were adjudged part of the Top 10 list of Blockstack #Dapps.

2018 in Numbers

We started 2018 with zero users. Here’s SpringRole by the numbers at the end of 2018 (Dec 31, 2018):

Total number of users: 35,554

Users with at least one work experience: 3,882

Total number of transactions written to the Blockchain: 1,630

Unique work-exs attested on chain: 106

Companies onboarded: 108

Country-wise user distribution (Top 5 countries) : India (30.5%); United States (9.8%); Vietnam (5.8%); Russia (4.9%); Indonesia (4.2%)

What’s planned for 2019

2019 has already started with a bang for Team SpringRole. Within the first two weeks — we have distributed SPRING tokens to our early supporters, users, and investors; we’ve seen accelerated user growth with the addition of over a 1000 new users to our platform; and our first client that we acquired in 2018 has come back to us for more employee verifications.

Like we mentioned earlier, our short-term goal is the launch of the full-fledged platform in Q2 of 2019. We are committed to our vision of a #VerifiedProfessionalProfile for everyone. This means that you will see lots of new partnerships, several new features on the platform, and many more Rewards on the platform — all that it takes to bring 1000s of new users to the SpringRole platform.

With your continued support and our relentless #BUIDL focus we promise you 2019 will be a pivotal year for SpringRole.

More Power to the Decentralization Revolution

The crypto bear market of 2018 saw billions getting wiped off from the marketcap. Several crypto projects have shutdown and many more are finding it difficult to survive. However, in all of this chaos, businesses like ours are being built for the long-term. All it needs is lots of patience. Our hope is that not only SpringRole, but many more Crypto projects are able to weather the storm, focus on #BUIDL and emerge worthy competitors to established companies.

Sign up for your #VerifiedProfessionalProfile on the Blockchain👇🏽

At SpringRole, we have a real reason to be on the Blockchain — to enable everyone’s #VerifiedProfessionalProfile on the Blockchain. Want to build the future and make an impact? Come Join Us!

Want to know more about us, follow us, subscribe to our updates?

  • Join our 35000+ strong user community on Telegram for real-time updates
  • Check out our website
  • See our tweets on Twitter
  • Follow our blog updates on Medium

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