About WorkQuest
WorkQuest is an online marketplace and decentralized payments provider that connects employers with employees anywhere in the world, backed by smart contracts governed by the DAO. WorkQuest will have a mobile app that will make it available to work anywhere and will use its own Work Net chain and wallet.
The platform incentivizes employers and employees to treat honestly and with care using its rating system with all feedback stored on the blockchain. As the platform acts as a transaction facilitator between employers and employees, various DeFi products are available to platform participants such as P2P cash withdrawals, loans, savings, betting, pension schemes and insurance.
DeFi Aspects of the WorkQuest Platform
WorkQuest is an innovative job search solution that aims to create a fair and open job market by integrating various DeFi components into the platform.
WQT cash withdrawal program
Supply your tokens to liquidity pools (both BNB and ETH) and earn rewards based on your share of the pool's total liquidity.
Bridges work with transverse chains
Easily transfer tokens, assets and other types of data from the ETH and BNB chains to WorkNet - and vice versa.
WQT and WUSD betting programs
Get rewards just by holding the platform's native tokens.
What tokens does the stage utilize?
Basically, WorkQuest has a two-symbol frame. It consists of WQT and WUSD. WQT is used for Work Quest DAO boards and added as collateral for WUSD. It is also used for referral programs and is accessible for cash withdrawals. WUSD is an algorithmic stablecoin that is awarded when brilliant transactions are made between businesses and workers.
Work Quest Blockchain has Work USD (WUSD) as the cryptocurrency in the Work Net organization. This money is also used to arrange compensation between businesses and workers during the execution of smart contracts. As a result, it will work at levels for different stage shifts.
Retirement Savings Program
We offer our clients a retirement savings plan. You can rent WUSD for that. Plus, we save from your salary but add annual interest so your capital can grow. The Work Quest stage not only offers professionals to pursue other businesses or day jobs, but also proposes creating a consistent investment fund plan for retirement.
Because we are a decentralized platform with a public blockchain, it is much more secure than conventional pension money management strategies. Basically, workers get a new line of work, complete it, and then make a decision:
manage a certain amount of cash and place it in a portfolio of mutual funds
set the rate at which the proceeds will be donated each time with the help of Smart Contracts
In both cases, the customer gets a fair trade and the added benefit of an annual development interest. We recognize that pension investment funds are huge for everyone now and we need to ensure that our framework is fully protected and customizable for its clients.
How WorkQuest Solves the Problems Existing in the Labor Market
WorkQuest is here to create an open and efficient labor market of the future!
Smart match — search uses data points to suggest favorable performance and jobs
trustless escrow — no middleman, employer-employee contract based on smart contract
Distributed data storage and encryption — your data is encrypted but stored on a public blockchain
Deposit & Withdrawal of $WQT is Available on BSC Network
Hello WorkQuest Community! Most of you already know that $WQT deposits and withdrawals are available on the Ethereum (ERC20) network. But now our technical ability has developed🚀
We are happy to announce that from now on you can deposit and withdraw $WQT on the Binance Smart Chain network.
This will give you a wider network reach to trade with and the ability to deposit and withdraw $WQT on the MEXC Global exchange with minimal fees.
Stay tuned, more updates to come!
The WorkQuest Roadmap
The WorkQuest Roadmap is a key aspect of our project. To achieve the ultimate goal of decentralization, we must first build a secure and fully functional platform. The next step is to make our website public so that employers and employees around the world can take advantage of the WorkQuest platform. The final phase of the project is to create an open source codebase for WorkQuest so that anyone can create their own decentralized job market.
Workquest is a decentralized job market based on blockchain technology. It is a platform that will revolutionize the way people find job opportunities and gain work experience. Imagine all the competitors working together to create the best experience for their users, unlike any other job market in the world. Workquest has a vision to create a decentralized job market based on innovative blockchain technology. We will try to give our users the opportunity to earn while learning and gain work experience, combining the best of blockchain technology and the best of the labor market.
Conclusion
Work Quest is based on blockchain, with an important motivation behind empowering people to find work and enabling representatives to see the right possibilities to fill job opportunities. Thus, its ability to facilitate correspondence between managers and workers. To ensure the beneficial use of the place and activities of the association, the association operates in a computerized stage with the necessary regulatory arrangements. Above is a superior understanding of DAO Search Jobs and Stage Tokens, allowing customers to choose the ideal option when dealing with the stage.
USEFUL LINKS
Website : https://workquest.co/
Whitepaper : https://drive.google.com/file/d/1UJu91wQLdjJQJLLZA2SqgLu9qqLktyQ0/preview
Medium : https://workquest.medium.com/
Telegram : https://t.me/WorkQuestChat
Twitter : https://twitter.com/workquest_co
Youtube :
Discord : https://discord.gg/U8k234ArHP
Ann Thread : https://bitcointalk.org/index.php?topic=5331927