Blockchain platform for freelancers

Transcription

1 Blockchain platform for freelancers

2 CONTENT Description 3 Introduction 4 PoS algorithm 6 Masternodes 7 Flex Work Ecosystem 8 Prospects 9 Flex Work Features 10 Flex Work Advantages 11 Flex Work Coin Data 12 Roadmap 13

3 DESCRIPTION Flex Work is a transparent and open platform for freelancers, striving to increase trust between customers and contractors, as well as providing mutually beneficial conditions for cooperation. Thanks to the blockchain, the Flex Work platform eliminates intermediaries, which are centralized sites that establish their own contract terms, oriented to obtaining their own profit. The main payment tool is the Flex Work cryptocurrency. Coins are designed to pay freelancers, platform fees, as well as to pay for access to premium platform functions. Own payment system within the platform makes it easy to buy or convert Flex Work coins into fiat and other cryptocurrencies. Integrating blockchain technology, Flex Work aims to solve current problems with unscrupulous customers and non-professional contractors. Flex Work allows to interact with customers and freelancers directly, ensuring complete fairness and security of transactions. And low fees and special conditions of contracts will allow freelancers to increase their income. 3

4 INTRODUCTION The freelance market is growing every year. More and more professionals prefer flexible working conditions, and also try to earn without intermediaries - employers, who take most of the income. Currently, only in America, Europe and Asia there are more than 80 million freelancers who seek to work directly with customers, and not through companies for their salaries. In addition, customers also prefer the services of freelancers, since it is more profitable than contacting companies that overcharge the prices of their services. Despite the many advantages, the sphere of freelancing is not without problems. When the first sites for freelancing appeared, it was akin to a miracle. But in the course of getting acquainted with the new type of labor organization it became clear that the platforms for freelancing can not provide full transparency. In addition, the conditions for work were becoming less and less profitable. In addition to the fees paid by freelancers and customers, they need to pay for subscription to access orders that eventually grow in value. The high cost of subscriptions causes additional difficulties for newcomers who can not receive more expensive orders even if they have extensive experience in a certain field and a rich portfolio. The Flex Work team presented a solution based on blockchain technology that will change the freelance industry. The platform provides the best conditions for the interaction of freelancers and customers through the use of its own internal cryptocurrency Flex Work. Also, the platform sets new standards for transparency and openness for the freelance market, which are provided by blockchain. 4

5 INTRODUCTION All transactions on the platform are carried out using Flex Work coins, which allows saving on costs associated with the use of fiat currencies. All data on the blockchain is transparent and reliable, therefore information about the reputation of customers and executors can not be falsified. Customers can be sure that the rating and portfolio of the freelancer are real, and they turn to a professional executor. The platform eliminates situations in which customers underpay freelancers or unilaterally change the terms of agreements. All actions are fixed by the blockchain, and the risks of fraud are reduced to zero. The platform contains elements of a social network that unite customers and executors into a single community. They can communicate with each other, recommend favorite executors and customers to other users, put up assessments, subscribe to each other and much more. The platform has a well-thought-out economy in which coin holders can participate in voting, special promotions and platform competitions, as well as receive discounts on subscriptions and services. For each freelancer, a reputation system is implemented that shows his skills, as well as the level of his competence. These parameters will be assessed by independent platform experts who have undergone rigorous verification for voting rights. All statistics will be recorded on the blockchain and open to a wide audience. At the initial stage of development, all the basic functions of the platform will be available, ensuring the comfortable work of both customers and freelancers. All information will be safely stored on the blockchain and can not be changed. If the customer or freelancer has violated the terms of the contract, performed the tasks in bad faith, and there were any problems with the customer when paying, the system will register it and this information will be available to all participants of the Flex Work ecosystem. The information is decentralized on several servers and devices of other users, which provides high security and avoids the risks of hackers' attacks. In the next stages, the advanced capabilities of the platform will be implemented. For example, professional freelancers will be able to post training materials for beginners, helping to get used to the freelance market, explaining how to improve the quality of work and meet customer requirements, etc. When viewing courses, beginners will pay a small amount in Flex Work coins, which is determined depending on the quality of the material, which will provide professionals with a stable passive income. 5

6 POS ALGORITHM The Flex Work ecosystem is based on the PoS (Proof-of-Stake) mechanism, which allows coin holders to participate in the formation of new blocks and receive a reward for it. To participate, you need to run a cryptocurrency wallet and put a certain number of coins on it. To receive a reward, the wallet must be constantly online. Coins are not reserved, so owners can withdraw coins from their wallet at any time, whenever they want. The amount of compensation directly depends on the amount of coins contained in the wallet, and not on the capacity of equipment for mining. The more coins are on the wallet, the more likely the formation of a new block is and the higher the reward of the holders is. Such a method for mining coins has a number of advantages. First, there is no need to invest in expensive equipment and pay huge bills for electricity. Investors buy cryptocurrency directly and keep it on their wallets. It also motivates keeping coins in the long-term perspective, which contributes to the growth of the exchange rate. Maintenance costs are minimal, because to start a wallet it is enough to have a modern computer. And, finally, PoS-Mining provides instant profit, thanks to which investors can at any time come out without financial losses. 6

7 MASTERNODES In addition topos, investors have the additional opportunity to earn revenue from masternodes, resulting in profits coming simultaneously from two sources. Masternodes are special network nodes that act as servers for storing platform data. Unlike PoS, masternodes do not participate in the formation of new blocks and do not conduct transactions, but perform other tasks. For example, masternodes provide group mixing of individual transactions. This allows to increase the anonymity of transactions. Since individual transactions are mixed into one group, it is impossible to track who sent to whom how much cryptocurrency, which does not allow revealing the identity of users. Similarly to PoS, to run the masternode you need to install a purse and put on it the necessary amount of coins without buying special equipment. For maximum security, coins are reserved in the system as collateral to avoid the possibility of concentrating a large number of coins in one hand, which can lead to centralization and allow attacker to set his own network rules. Reserving coins also protects against manipulation by the course, as long-term retention contributes to the natural inflation of coins. 7

8 FLEX WORK ECOSYSTEM The Flex Work platform provides an opportunity to contract the ecosystem participants directly and allows the establishment of trust between customers and freelancers. For freelancers, a transparent rating system is provided that reflects the level of competency of the executor. Also, a reputation system is also provided for customers. The level of skills is determined by independent participants who assess the ability of the executor. Participants who test skills and vote receive a reward in the Flex Work cryptocurrency. To avoid bias, the system does not allow everyone to vote. To obtain the right to vote, it is necessary to undergo rigorous verification. The level of competence is determined on the basis of real projects that are performed by freelancers, and not when passing tests as is customary. Freelancers can post their finished projects in the portfolio section. Also, in this section, executors can sell the work performed at the price set by them. Especially it is convenient for photographers, site designers, graphic designers, copywriters, etc. In addition, professional freelancers can create and upload training courses for beginners, which will help you understand the nuances of freelancing or learn new skills and specializations. When other users view the courses, the authors receive a reward in the form of a small amount of Flex Work coins. The cost of the courses is determined based on the rating: The higher the rating, the higher is the cost per view of the training course. This is also beneficial for students. If the user does not like the course, then he will not have to pay full price, but can pay only for the part he has already read. 8

9 PROSPECTS More and more entrepreneurs and professionals are moving on to another form of cooperation, addressing each other directly. The sites for freelancers allow to unite customers and contractors for mutually beneficial cooperation. Freelancers are attracted by the opportunity to work without binding to a specific place and to determine the conditions and to choose orders at the fair price. Customers save on the cost of services, referring to freelancers directly. The platform eliminates the current problems of the freelancers market and improves the cooperation between customers and freelancers, providing more favorable conditions in comparison with existing platforms for freelancing. Due to the transparency of the rating and the reputation of users, which the blockchain provides, Flex Work will improve the quality of services and guarantee the security of transactions. Advantages of the decentralized platform Flex Work provide high competitiveness in the freelance market and will allow to attract a wide audience, solving actual problems with the help of blockchain. For entrepreneurs, the platform will provide access to a wide audience of freelancers and quality services on favorable terms. To stimulate interest in the platform and attract more users, Flex Work offers an advanced business model based on the PoS algorithm and masternodes. Investors will receive a stable income from two sources, buying Flex Work coins and keeping them on wallets. 9

10 FLEX WORK FEATURES Interaction between the participants of the platform is provided by Flex Work coins, which can be converted without any problems into other cryptocurrencies and fiat money. Blockchain provides transparency and security of all transactions within the platform, which allows to reduce costs and involve a minimum of personnel to ensure the operation of the platform. Due to this, customers will receive lower prices for services in comparison with traditional sites for freelancers, and contractors will increase their income due to more favorable terms of contracts. The new Flex Work model allows you to process a large number of transactions without using large computing powers. The platform can be scaled up with new participants, which support the system with the PoS engine and the master. This will increase the bandwidth of the platform, and commissions for transactions will remain minimal. 10

11 FLEX WORK ADVANTAGES The Flex Work platform transforms the freelance industry. The main goal of Flex Work: is to provide transparent interaction of customers and freelancers, and also to increase trust between participants of the platform. Investors will be able to receive a stable high income from PoS-mining and masternodes. As the platform develops and the number of Flex Work active users increases, coins will grow in value. Customers will receive quality services at attractive prices without the need for hiring personnel and can be assured of the honesty of the reputation of the contractor. Freelancers, in addition to basic earnings, will receive the opportunity of additional income, participating in voting, raising their rating, making training courses, as well as participating in loayalty programs from partners and selling content. The platform allows to license copyright content, and all rights belong to freelancers and can not be transferred to third parties without the consent of the authors. Platform users pay the platformfee with Flex Work. In addition, participants will be able to pay for access to advanced platform features, subscriptions, freelance services and training courses at a fair price. Freelancers can enter into long-term contracts with entrepreneurs, which will be regulated with the help of the blockchain. 11

12 FLEX WORK DATA Name Symbol Algorithm Block Time Maturity Rewards Staking age MN Collateral Premine Total Supply Flexwork FLX Quark 1 minute 99 blocks MN - 75% 2 hours Block height > Reward

13 FLEX WORK DATA Launch of the Flex Work core network White Paper release Q1 Release of the wallet Launch of the Website and the block explorer Q2 Bounty Program start Web wallet release Coin Pre-Sale Platform's beta version release Listing on exchanges 2019 Release of the full version of the product Q3 Release of apps for ios and Android mobile devices Expansion of the platform functionality: the ability to add video courses, to sell of works from the portfolio, etc Listing on major cryptoexchanges Q4 Launching a marketing campaign for partners to increase brand awareness 50,000 active platform users 13

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