UMKA: REVITALIZING THE FREELANCE INDUSTRY
WHAT IS UMKA?
UMKA is a platform that leverages on blockchain technology via the use of smart contract to connect employers with suitable freelancers required for carrying out assignments and projects, and ensures that the freelancers gets adequately renumerated for their efforts. The platform easy for employers to choose from a rage of freelancers with the preferred requirements levels which has been stored in their digital passports, a key feature on the UMKA system. It also provides freelancers with easy access to thousands of projects, testing systems and vacancies with a self-control function, and training programs from leading institutions in the world. UMKA does not offer a job search only; it is a system that makes it possible for employers to set the preferred requirements for freelancers while freelancers also are able to build their competences following the market trends. UMKA aims to be the best environment that provides an avenue for work, education and personal development.
FEATURES OF UMKA
Digital passport which contains user’s details. The passport contains all the details about user’s qualifications, his/her work experience and a list of courses which are completed within UMKA platform sources.
UMKA guarantee timely payment to freelancers via the use of An Agile smart contract that allows payment to be made in stage as agreed between freelancers and employers
UMKA uses arbitration system, a system that is used for resolving the disputes that arises on the platform.
GNMT—Google Neural Machine is a translation machine integrated in UMKA’s chat engine so as to help users with different language to communicate freely.
UMKA's commission is 1% out of all transactions made on the platform. Other platforms charge higher than this when it comes to commission.
UMKA features a secured blockchain storage for users details and it is only accessible with using a generated private key encrypted by the user’s password. Only the user can access the UMKA wallet and other accessories using his/her private key which is encrypt by the users password.
UMKA platform offers ability to purchase assets such as BTC, ETH, XRP on the system, also allows for withdrawal of assets purchased into an external wallet.
UMKA possesses a distinct smart contract technology known as Agile smart contract (Agile SC) which minimizes risk for both employers and freelancers
BENEFITS OFFERED BY UMKA PLATFORM
All freelancers category has a professional chat boards for freelancers to communicate and share ideas.
Transactions are made with cryptocurrencies including fiat currencies.
In order to make communication between users easier, Google neural machine translation has been built in UMKA's chat. Users can communicate better with users from other countries.
UMKA commission plan is the one of the lowest in the world of cryptocurrencies. Only 1% commission is taken out of all transactions made on the platform.
The platform allows employers to set deadline and monitor project step by step, and freelancers can ask for time extension to finish the project.
The token used on the UMKA platform is known as UMK token. It is based on the ERC20 smart contract, i.e Ethereum blockchain. UMK is a security as well as an investition token which gives its owners the right to pursue their investment interests .
Holding the UMK token makes it possible to participate in the UMKA revenue distribution. Each user's balance will appear on the user's wallet and the amount of tokens will determine the rewards that will be accumulated.
Token Ticker: UMK
Total Supply: 180,000,000 UMK
Soft Cap: $1,000,000
Hard Cap: $10,000,000
Public Sale date: 1st June-1st August 2018
To know more about UMKA visit the following links
UMKA's Website: https://umka.city
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