The labor market is moving fast and more and more people work on a freelance basis. There are many moderated platforms available where freelancers and providers of jobs meet. Blocklancer wants to take this one step further and introduces a decentralized platform, where the owners of tokens are in control.
What is it?
In the Whitepaper of Blocklancer, the company outlines a freelance market, currently with 55 million working employees. In the United States, compared with ten years ago, it had doubled. 35% of the labor force in that market works as a freelancer. In total, they realize a revenue of more than a trillion dollars a year.
Blocklancer wants to get one’s share of that market and introduces a platform that mediates between freelancers and people who offer jobs. Many of these platforms are already available, but they are often moderated by the owners. Blocklancer does it differently and wants to introduce a self-regulatory system. That means that the owners of the tokens are also those who jointly make the decisions on the platform. Blocklancer calls this a Distributed Autonomous Job Market, i.e. DAJ.
What can you do with the token?
During this ICO, Blocklancer introduces the Lancer. It is of course the intention that this currency in the future can be traded at exchanges, but at the same time it has a number of other functions. As stated earlier, owners of tokens get voting rights. This applies, for example, if there is a dispute about the delivered work of a freelancer. The owners then decide jointly whether the work of is good enough that the provider of the job must actually pay. Furthermore, Blocklancer’s total profit is distributed among the owners of the tokens. The fee of the platform is three percent of the total invoice amount.
What does the roadmap look like?
With this platform, Blocklancer wants to become the global leader and has drawn up a roadmap that shows a sequence of activities. The roadmap does not say when these releases will be launched. Blocklancer has begun to build the Frontend and a Userbase. After the ICO, they want to launch the platform and further decentralize it. Only after an intensive user test and full decentralization of the platform, Blocklancer is brought to the public.
Why an ICO?
The reason for an ICO is twofold. On the one hand, Blocklancer needs money to meet her ambitions. On the other hand, the token is needed to realise the Blocklancer ecosystem.
What does the crowdsale look like?
|Amount of coins issued||10.000.000|
|Coins at sale||10.000.000|
|Price||1 Ether get’s you at least 7.000 LNC|
|Bonus||Yes. On the first day of sale, you’ll get 12,000 LNC for your Ether. After that it goes down to 7,000 LNC. In the pre-sale you’ll get 20,000 LNC for 1 Ether, but you’ll need to invest at least 500 Ether.|
|Dividend||Yes, the owners jointly divide the received fees.|
|Data||Pre-sale: September 7 to September 21
Crowdsale will start at the end of 2017
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