PRESENTATION
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Talao, the first decentralized and blockchain-based marketplace, enabling companies to mobilize the best Talent in the major industrial and technological sectors has arrived.
Before I take you on this voyage, please check out this video presentation
Now that I have your attention, let’s get right to it.
What exactly is TALAO?
Talao is the first decentralized and blockchain-based marketplace, enabling companies to mobilize the best Talent in the major industrial and technological sectors.
Furthermore, Talao is the autonomous decentralized platform based on blockchain technology for talents and companies allowing them to benefit from each other’s offers without any middlemen. Talents will be able to create their profile and prove their experience. The platform is set on freemium business model. The only not free feature is access to premium functions.
The participants of Talao platform can be divided into 5 types: talents, communities, clients, third parties and competitors. The talents can be represented by different freelancers who may or may not have the traditional job as well as retired professionals. Communities are the networks of the same field professionals, like the community of graphic designers or software developers etc. Clients are the companies, institutions, centers and other businesses searching for the human resources. Third parties are the participants involving new talents or new clients to join this platform (employment agencies, consultants, job boards and others).
Problem
If the user is using online platforms like Upwork and Toptal, reputation of these platforms may or may not be stable because of extremal factors. As an example, Elance freelancers’ reputations dropped when Elance merged with ODesk to create Upwork.
Falsification of resume is the biggest problem for the companies, a survey on resume it results saying that 53% of resumes contain falsification, 21% show fraudulent degrees. 29% show altered employment dates. 33% have inaccurate job descriptions. 27% give falsified references. Centralized platforms for freelancers take 5-20% as a commission for providing platform.
Solution
Talao is Ethereum-based decentralized and autonomous platform dedicated to talent, it enables access to huge number freelancers, expertise and allows them to build a strong community-based reputation
It provides solution for centralized platforms own talent data by enabling talent to own their professional data and reputation.
For falsification of resumes it provides solution by communicating businesses with the access to their stored data in the Talao Blockchain Vault
Features of The Talao Platform
The platform is a Decentralized autonomous organization, i.e. is totally decentralized and is under control of professionals. The rules are adjusted to reach maximum honesty and comfort for all parties.
Different options of payment: fiat and cryptocurrency.
Professional reputation pool. All the information is stored in a protected digital vault with the description of Blockcerts Certificates. Only the owner of profile decides who and when can have access to this information.
There is no middleman or any commissions. Ethereum smart contracts are used at all the steps. The fees for profile access are established and received by talents themselves.
The revenue of the platform is around 2% of the Gross Payment Volume and is based only on premium services and platform adaptation to certain demands of customers.
Transparency and sincerity. The regulation of company is uploaded to IPFS and has public access. DAO voting is a public smart contract.
A free arbitration court in case of a conflict situation. At any smart contract between the talent and the client, the sum is kept in the escrow account and is automatically transferred to the talent at the client consent. In another case it is solved by arbitrary based on reputation.
Benefits of The Talao Platform
Zero percent commission fee for using the platform
Settle conflicts no mediator fees.
Use fiat and cryptocurrencies escrow account for payment
Components of platform
It allows talent to own their data they can control their past experiences, choose who can access it and contact them. Their data is available in smartphone wallet provided by Blockcerts and Professional Reputation Vault.
Professional Reputation Vault:
It is most powerful tool provided to talent to control their own asset. In this user can store Blockcerts Certificates and other documents to prove skills and professional experience and user have option to give clients and agents read access to their vault.
Confidence Index and FCR standard:
The purpose of confidence index is to evaluate the candidates. A high Confidence Index is a proof of honesty and sincerity, The Confidence Index can value any resume
It is based on Fully Certified Resume standard (FCR) it contains full information contact details, education, experience, skills
Its revenue model is based on
• Premium Features paid by companies (Priority Requests, Fast Matching services based on AI to find quickly the best profiles, etc...)
• Monthly Subscription paid by companies to build their Private Freelancing Marketplace These marketplaces are also using the TALAO token and are based on the same blockchain based platform.
TALAO Token Sale and ICO
TALAO tokens are the utility tokens. They are issued with adhere to ERC20 token standard and can be kept at any wallet supporting ERC20 tokens (MyEtherWallet, Mist, MetaMask etc.) These tokens give access to premium services and functionalities of DAO. Talents can monetize their network and place bids, can certify his resume. The companies can choose the needed specialist, check the best matching profile, and have priority for urgent requests.
Token Details
Ticker name: TALAO
Token type: ERC20
Total supply: 150,000,000 TALAO
Hard Cap: 2,4000 ETH
Soft Cap: 5,000 ETH
Public presale: June, 5th – July, 1st
ICO: July 2nd – July 29th
Token price: 1 ETH = 1,000 TALAO
Payments accepted: ETH
Bonuses
From the 4th to the 11th of June: 25%, 1 ETH = 1,250 TALAO
From the 12th to the 18th of June: 15%, 1 ETH = 1,150 TALAO
From the 19th to the 25th of June: 10%, 1 ETH = 1,100 TALAO
From the 26th of June to the 1st of Jul: 5% bonus, 1 ETH = 1,050 TALAO
Restricted Area: the USA and other countries where it is outlawed.
Token Distribution
RoadMap
Meet The Amazing Team
About The General Director and Co-founder of Talao
The general director and co-founder of Talao is Nicolas Müller. He plans to expand the company, creating offices in London, New York and Singapore. Nicolas founded eMindHub in 2015, and his colleague Thierry Thevenet founded the consulting agency Fi System. I do not know if they have enough experience in the field of blockchain technologies, just in case, the team was filled out with at least one specialist in this area and this is Maxim Hagenbourger.
Nicolas Muller – CEO & Co-Founder
He’s founder of eMindHub in 2015. Having experience in Engineering, Manufacturing and Aerospace. Expert in Know-How Management and Skills Management.
Jean-Charles Marcos – CCO
Former AKKA Research General Manager, with more than 25 years in the engineering services area, and with strong experience in Energy.
Yoann Babel – CTO
He’s a Co-founder of TALAO and having 20 years of experience in the development and management of open source projects.
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://ico.talao.io/
Whitepaper: https://ico.talao.io/download/1074/
ANN: https://bitcointalk.org/index.php?topic=3196824
Telegram: https://t.me/talaocommunity
Medium: https://medium.com/@talao
Twitter: https://twitter.com/TalaoDAO
Facebook: https://www.facebook.com/TalaoDAO/
Reddit: https://www.reddit.com/r/Talao/
Github: https://github.com/TalaoDAO/marketplace
LinkedIn: https://www.linkedin.com/company/10175757/
Author: TheMichaelMatch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.