Uncommon Creative and Algorand Foundation

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Freelance and Remote Working during the Pandemic

Freelancing and remote working often rely on technology and the internet because this is their means of communication to discuss with their clients about certain projects and transactions. The rapid growth of freelancing and remote working is visible due to the current situation we are facing. The sudden spread of the coronavirus leads to a pandemic affecting various businesses and the economies around the world. Workers were also strongly affected by the pandemic that forced others to adopt remote working and freelancing because of lockdowns and loss of jobs.

Freelancing is already growing even before the pandemic occurs. However, according to Gilchrist of CNBC, the freelance job opening increased to over 25% during the second quarter and the freelance job posting increased 40% to 605,000 for the second quarter of this year compared to 2019. Even with the unwanted state that happened this year, unexpectedly in the future forum research of BBC, it is stated that the majority of 4,700 knowledge workers who were surveyed never want to go back to the traditional way of working. There are 12% who still want to go back to full-time office work while 72% want to adopt a hybrid remote-office model in the future. Despite the growth of remote working and freelancing, there are still visible challenges that need to be addressed such as the lack of clear agreement, and the problem with payments between the professional and the client. This is where innovation and technology can help us.

Uncommon Creative

A new emerging project called Uncommon Creative aims to primarily assist professionals and small and medium enterprises and to build the future of remote and freelancing platforms through advancement with blockchain and smart contracts that can improve how they work. It is also recently announced that Uncommon Creative is the latest recipient of the Algorand Foundation Grant under the category of application and use cases for their goal of leveraging Algorand on their network to execute their goal.

Uncommon Creative intends to empower remote workers and freelancers through trustless tools in securing contracts, guaranteeing transactions, and quick resolution of potential disputes. The network provides a digital agreement, users the control without any dictation from anyone, and funds are secured transparently with smart contracts. Algorand yield such fundamental components with the availability of smart contracts in layer 1, the creation of new asset classes, and stablecoins, the scalability to a global ecosystem with a throughput of thousands of exchanges for every moment.

“Uncommon Creative is at the verge of exceptional market conditions with the opportunity to serve remote workers in closing agreements with remote counterparties, digitally and securely,” said the spokesperson of the project, Francesco Piras.

Algorand

Algorand is the next-generation blockchain that developed the world's first permissionless Pure Proof of Stake mechanism that is scalable, secured, and decentralized. Algorand Foundation offers a Grants Program for startups and innovative projects that will improve and extend the adoption of decentralized blockchain among different industries where Uncommon Creative becomes the latest grantee. With the promising features of Algorand, it will allow businesses and companies to see the value of decentralization in the modern economy.

“Uncommon Creative has identified a critical need in the new, distributed workforces that will become more common post Covid” according to the CEO of the Algorand Foundation, Sean Lee.

The pandemic brought us to drastic changes, making us stay at home, do our work separately at our home instead of going to the office that made us realize how important technology and the internet are in our daily lives. We will still continue embracing this new normal way of living until 2021 or even for long years while there is still a threat of the coronavirus around the world. But it is clear that the adoption and development of technology will help us to ease our problems. Even after the pandemic, remote working and freelancing space will grow and we will still continue innovating. Uncommon Creative will not only be beneficial during these days, but it will remain useful for freelancers even after the pandemic. The same for how Algorand can contribute to helping diverse businesses in adopting the new technology for a borderless economy.


You can check their official site for more information about Uncommoncreative and Algorand.







References:
Reference 1, Reference 2, Reference 3, Reference 4