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Learning & News => Announcements [ANN] => Topic started by: jatinjax on April 14, 2018, 09:50:32 AM

Title: [ANN] [ICO] WorkChain - The First Decentralized Freelance-­Platform
Post by: jatinjax on April 14, 2018, 09:50:32 AM
Welcome to the announcements WorkChain thread

[ OUR SITE (https://workchain.sale/) ]  / [ WHITEPAPER (https://workchain.sale/whitepaper_workchain.pdf) ] / [ TELEGRAM (https://t.me/workchain_sale) ] / [ MEDIUM (https://medium.com/workchain) ] / [ TWITTER (https://twitter.com/workchain_sale) ]

WorkChain - THE FIRST DECENTRALIZED FREELANCE-PLATFORM


ABOUT WorkChain:

WORKCHAIN - The Future of Freelance. In the US alone, 35 percent of the workforce is estimated to be working as freelancers. According to PayPal, 41 percent of freelancers in India saw significant growth in 2017, with 80 percent of them working with international as well as domestic clients. The country is now the largest gig economy in the world with 10 mln people freelancing.

WORKCHAIN is decentralized freelance platform, in which employers and freelancers meet. This is a completely independent decentralized system where contractors and employers can work together and enter into trustless smart contracts with reputation and money in escrow. We are trying to be transparent and create exciting opportunities for people all over the world. It is our main imperative to create trustworthy relationships between our users. Thus, all parties, moderators included, have strong and aligned initiatives to act honestly, since 4 everyone has something of value at stake, as well as something to gain if the desired outcome is achieved.

The Blockchain can help verify identities and rate both employers and freelancers, ensuring the security of transactions. And, what’s essential, Blockchain solutions will be much cheaper for freelancers than centralized platforms.

Want to know more? Read our whitepaper here: https://workchain.sale/whitepaper_workchain.pdf


WCH TOKEN:

Workchain tokens (WCH), based on the ERC-20 token standard and fully supported by Ethereum, is carefully structured to boost and maximize the potential of our platform.

Workchain tokens (WCH) are distributed via several channels:

Regardless of the scenario, the participants have invested valuable resources (e.g. time or money) to gain, so it is valuable to everyone including token owners and free contractors and thus, they have initiative to keep it. Even if you don’t really care about the time, the reputation token has monetary value on the free market. The creator of the listing, will be the judge and jury when it comes to deciding whether other participants are eligible to get into a smart contract. So, he has the freedom to decide based on the overall contract value and his personal risk assessment

Thus, the token (WCH) is a reputational token and payment token. Since in our platform the token is used to pay for work, and to build up a reputation on the platform.

Why the token will be in demand?

For Freelance/Gig work, the numbers for Europe are 8.9 million. Research also shows that India’s independent workforce is 15 million. The data regarding the US is also quite impressive with numbers hovering way above the 53 million mark.
The amount of people busy in this field around the globe globally in the vicinity of 77 million. Because there is no other publicly-available data for other countries, we may assume that this is the actual percentage that can be applied to all developed countries.
These are very impressive numbers that make it really interesting how the whole industry is developing.

Creating our platform, we solve the problems of cross-border payments, high commissions, fraud, non-satisfaction of customers and executors.
All this means that our token will be in demand and the platform will function.

More analytical materials in our whitepaper – https://workchain.sale/whitepaper_workchain.pdf


TEAM:

Our company Workchain, Ltd working in UK since 2006 year. Our main company is engaged in the selection of personnel for business. We specialize in hiring qualified professional workers.

Our team it is 60 professionals in the sphere of hiring people, who know the job market.
Also we have many partners, like Argos, Lidl, UPS, DHL, Paul Smith and other.

More about our team – OUR SITE (https://workchain.sale/)


TOKEN DISTRIBUTION:

Volume: 100 000 000 WCH
Finite amount of WCH created
No inflation
Partial issue of tokens to the team for two years

Softcap: 3 000 ETH
Hardcap: 5 000 ETH

ERC20 Smart contract

For more information, please visit our site (https://workchain.sale/)