ETHEARNAL (ICO): Peer to peer system for freelance work

in blockchain •  7 years ago 

What is ETHEARNAL?

Ethearnal is a peer-to-peer (P2P) freelance programme, bringing together employers and self-employed people, entering into intelligent contracts without trust with reputation and money in custody, and benefiting from a decentralised system of moderators, if necessary. We collaborate with reputation and economic initiatives in a single one, symbolizing reputation and giving value to it. In this way, all parties, including moderators, have strong and aligned initiatives to behave honestly, as everyone has something of value at stake, as well as something to gain if the desired outcome is achieved.

Market information to be disturbed

According to the "Freelance in America: 2016"survey, released this morning by the New York City-based Independent Workers Union and the giant Silicon Valley-based freelance platform Upwork. The Self-Employed Workers' Union represents 300,000 members.

The distribution of self-employment in terms of income for 2014 is as follows:

So how does it all work?

Freelancers create lists that allow them to show their services through a web client. In the backend, we use IPFS (interplanetary file system) to maintain and distribute your listings on an equal footing. You don't need servers. You don't have to keep your web client online; offers only live in the cloud.

Note: At first, we may have to run our own nodes to power that, while the network gains enough traction to take care of it on its own.

Employers can search all listings from the same web client, or post their own offers that can be searched by freelancers.

Note: Small fees may be required to place an ad in order to prevent spam from being sent to the network. It will be negligible if the system is used as planned, but it will be not insignificant in the case of spamming. If there is a need to implement this, all income will be distributed proportionally to the people who have the tokens.

When they meet, they enter into a smart contract where:

  1. The employer has the value contract locked into the intelligent contract-based custody contract.

  2. The pre-arranged sum of reputable tokens are placed on each side. Each ad has a predefined amount of reputable tokens that must be wagered in order to enter into an intelligent contract based on contract with. The list creator sets that value. Both parties have to bet the same amount. The side taking the listing needs to accept that condition and bet the required number of reputation chips.

  3. Pre-defined time period in which if none of the following results have not been reached, everything is self-released back. That is just a safeguard to prevent funds from being blocked indefinitely.

Make money as moderator

You can double your reputation tokens when you participate in a winning decision. As each side has the same amount of tokens in play and you get proportionally the tokens of the losing side. If your tokens in play represent 10%, you recover them plus another 10% of the losing side. However, since this is distributed only among moderators who voted with the majority, their percentage increases.

The road to ICO 2.0

Have you ever wondered why you should trust the founders of the ICO to manage your finances fairly and keep their promises, when the idea of crypto is not to trust? Since we now have the technology to replace TRUST with intelligent, self-executing contracts, why do we continue to do things the old-fashioned way, based on promises? We offer a way for you, the INVESTOR, to decide how and IF we spend money. Thanks to the system we offer, we guarantee that you will be able to advance 10% of your investment at any time. All token holders can initiate a voting process to complete the project and obtain proportional refunds of remaining funds.

THAT' S HOW IT WORKS:

Upon completion of the ICO, the smart contract automatically delivers the tokens and 10% of the funds raised to us. We use that money to start working. We regularly inform you about the progress of the project through e-mail, Reddit, Twitter, Slack and Telegram. You can follow the development closely in Github.

When we run out of the initial money, we send 0 ETH transactions with additional data to the smart contract, requesting to start a voting process. It goes on for a week.

In all social media channels, we explain and SHOW what we have achieved so far and what we are going to use the next 10% increase in funding for.

Based on that, you decide whether you want to vote in favor of providing us with the next 10% increase in funding or not. You do that by sending 0 ETH transaction to the smart contract with additional data that tells the contract whether you vote YES or NO. This will cost you the gas rate.

Worksheet



Token Distribution

75% of the tokens will be sold during pre-sale and ICO.


20% of the tokens will be kept for the founders.

5% of the tokens will be kept for rewards and economic initiatives when needed.


Team.

STANISLAV UZUNCHEV- Co-founder, Marketing
VLADIMIMIROV - Co-founder, Marketing
DOBRI STOILOV - Senior Back-end Developer
ROMAN STORM - Intelligent contract developer
ANDRIY KHROBAK - Senior Front-end Developer
ANDRIY VASYLYTSYA - Front-end Developer
VLADISLAV KUZNETSOV - Full-Stack software developer
QUANTOX TECHNOLOGY - Strategic Partner
RAMI SPASOV - PR
MICHAEL EDWARD NAFTALIEV - PR, Manager DMF
RADIMIRA YORDANOVA - Creative Designer

Sites of Interest

Website: https://ethearnal.com/
Medium: https://medium.com/@Ethearnal_com/
Reddit: https://github.com/ethearnal/
YouTube: https://www.youtube.com/channel/UC6DOpVCWsEXP8Scd6os7BdA
Twitter: https://twitter.com/ethearnal_com
Facebook: https://www.facebook.com/ethearnal/
Slack: https://slack.ethearnal.com/
Telegram: https://t.me/ethearnal

By Bitcointalk user: Cjota
Profile: https://bitcointalk.org/index.php?action=profile;u=1640898
Myetherwallet: 0x90b07af0aAA4A705bCC441c2B1D0B581F42bcDB4
by Cjota

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