INTRODUCTION TO LABORCRYPTO : MOVING YOU AHEAD

in blockchain •  6 years ago 


Good day everyone,i would be writing about the LABORCRYPTO PLATFORM,this is a global freelance peer to peer ecosystem that shares revenue.Today i would be writing about the following;
A) WHAT IS LABORCRYPTO ?
B) PROBLEMS AND SOLUTIONS
C) ROAD MAP

WHAT IS LABORCRYPTO?
LaborCrypto is a peer to peer freelance platform that connects consumers and freelancers. We empower our community with global opportunity, inclusion and share the revenues of the company with all active consumers and freelancers.
*USER COLLABORATION
Referral generation and Co-op partnerships.
*DIGITAL CURRENCY
LBR tokens to be used as form of payment and a store of value.
*FINANCIAL INCLUSION
Removal of banking barriers and fees to unbanked individuals.
*SMART CONTRACTS
Ensure transparency and user protection throughout the project cycle.

USER EXPERIENCE
Freelancers can refer and collaborate with each other and provide more complete customer solutions, saving both parties valuable time

LOW SERVICE FEES
LaborCrypto charges freelancers 3% service fee and no fees to consumers, payments are made available immediately

REVENUE SHARING
LaborCrypto shares 50% of fee and advertising revenues with consumers and freelancers using the platform, leading to user loyalty and repeat business

QUALITY FREELANCER
LaborCrypto incentivize top tier freelancers which directly benefits consumers by providing a high quality and more complete solution

MISSION
The LaborCrypto vision revolves around building an ecosystem rooted in our core values: inclusion, opportunity
and empowerment. These values lead to the creation of an ecosystem that provides value beyond the
numbers. It’s a human strategy.
Many of the existing platforms that cater to the gig economy expend all of their efforts on solving one or two
problems, such as how to pay the user quickly or reduce service fees. These are valid concerns within the
freelance market, but the most important issue—user loyalty—remains largely ignored. As long as
freelancers benefit from doing business directly with the customer, they will always undercut the platform to
do so. At LaborCrypto, we believe that it’s important to compensate users for their time, dedication and loyalty.
The way we plan to go about this is by sharing half of the platform’s actual revenue with both the
users and freelancers who contribute to the growth of the ecosystem, based on their individual contributions.
For example, if a customer spends $100 and the worker generates $1,000, the worker will receive ten times the
reward the customer does.

PROBLEMS WITH FREELANCE ECONOMY

  1. HIGH SERVICE FEES : Average freelancer surrenders 25% of their potential earnings to middleman platforms

  2. LACK OF USER LOYALTY : Leads to consumers and freelancers jumping from one platform to another and undercutting platforms.

  3. PAYMENT DELAY : Payments can take from days to weeks to settle

  4. POOR USER EXPERIENCE : Users waste valuable time posting projects and reviewing freelancers.

  5. LACK OF BANKING ACCESS : The only form of payment is in LaborcryptoTM coin.

HOW LABORCRYPTO SOLVES THIS PROBLEM
LaborCrypto will be using the expertise of its founders and applying
blockchain (Distributed Ledger) technology to make a freelance hiring
platform that is decentralized, has extremely low fees, allows for the
unbanked to make and store money, and will have a built-in arbitration
process. Additionally, LaborCrypto will share 50% of collected fees and
advertising revenue with all active Utility Token holders that are
contributing to the LaborCrypto marketplace. Inactive Utility Token
holders will not earn money based on the work of others. This combines
the advantages of an employee-owned company with the advantages of
being self-employed!

ROAD MAP

THANKS FOR READING.
To know more about this platform;
visit the website: https://laborcrypto.com/#
join the telegram group: https://t.me/laborcrypto
whitepaper link: https://laborcrypto.s3.amazonaws.com/laborcrypto/assets/LaborCrypto-White-Paper
my bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1070043
facebook link: https://www.facebook.com/laborcrypto
twitter link: https://www.twitter.com/laborcrypto

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