In our era, we live in Modern Technology that digital technology has already been developed and continues to grow. Jack Ma Said ” Embrace the technology or you will be left behind “ But how? The technology increasingly developing, and yes we need to keep pace with the progress.
Since we all grew up in an age where the computer and internet became a new way of life the idea of Gig Economy came out or what we call Freelance work. Where you can work anywhere or anytime using your skills Music, blog, advertiser, graphic designer etc.
In freelance jobs, if you have skills even if you are 10 yrs of age you can work as a freelancer, no discrimination on freelance work, work even if you are over age as long as you have skills and have the energy to work. based on Freelancing In America, the rapid growth of freelancers is almost x4 since 2014 and 50% of millennials workers already freelancing.
“The Work is changing rapidly and it’s starting the future of Freelancing around the Globe.”
but there are problems facing of the traditional gig economy the problems are pay, rights and conditions to freelancers.
PROBLEMS FACING OF GIG ECONOMY AND SOLUTIONS USING BLOCKCHAIN TECHNOLOGY
- Transaction prices are inflated by fees upward of 25-30%, creating approximately $165B of web platform fees alone.
- High service fees create marketplace inefficiencies driving users off platform to conduct business privately, using platforms as an acquisition tool for repeat business.
- On the old platforms, freelancers were stuck paying high
transaction fees until they reached a certain level of transactions and then they paid only SLIGHTLY reduced rates.
- High-quality freelancers with an existing client base have zero incentive to utilize a freelance platform and accept lower margins on every transaction than they could potentially earn independently.
–Lack of Quality Freelancers
for Employers & Businesses
- Platforms like Upwork, Freelancer.com and Fiverr have a scarce supply of top-tier freelancers due to the high costs freelancers incur. In some instances, freelancers have to pay to post their offers, then they get charged 25 to 35% commission.
–Freelancers among the 2.5
Billion Unbanked Worldwide
- Over 3 Billion people have smartphones worldwide
Globally 1.5 Billion people do not have bank accounts.
–No Decentralized arbitrage
by simple majority vote!
- In the event of a dispute.
–LABORCRYPTO IS THE SOLUTION
Laborcrypto is a blockchain based freelance platform that connects consumers and freelancers. Using this platform you can easily find Job as freelancers and post a job proposal. It’s very simple and each category is organized properly and you’ll see how to use it.
LaborCrypto is the next iteration
laborcrypto coincides with the development of the gig economy using the power of blockchain technology. And why Laborcrypto is the solution to the problem facing freelancers.
- LaborCrypto charges freelancers 3% fees per job.
- Our unique currency creates user loyalty by significantly reducing the high service fees that drive users off of platforms.
- LaborCrypto shares 50% of collected fees and advertising revenue with token holders based on their contribution to the ecosystem.
- Retaining nearly 100% of their earnings and receiving quarterly fee sharing allocations by LaborCrypto™, quality freelancers will be more likely to repeatedly offer their services over the platform.
–Lack of Quality Freelancers for Employers & Businesses
- LaborCrypto™ has zero or minimal fees (3%), uses Smart Contracts, does not place a hold on payment and therefore, the top quality talent can keep as much money as they feel they deserve. This creates an opportunity for enterprise level transactions that will greatly benefit high-value clients to enter the marketplace.
–Freelancers among the 2.5 Billion Unbanked Worldwide
- *LaborCrypto™ helps unbanked freelancers on its platform to receive international payments, which would otherwise be nearly impossible, and definitely costly.
–No Decentralized arbitrage by simple majority vote!
- When there is a dispute, all token holders on LaborCrypto™ will be moderators once they complete 1 job and have 4 start rating. They will earn a token by solving disputes.
you can learn more about the project here
LINKS FOR MORE INFO