TALAO

A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.

While this revolution is gaining wide acceptance, Talao, the first decentralized and blockchain-based marketplace, enabling companies to mobilize the best Talent in the major industrial and technological sectors has arrived.

INTRODUCTION
Talao is the first decentralized and blockchain-based marketplace, enabling companies to mobilize the best Talent in the major industrial and technological sectors.

Furthermore, Talao is the autonomous decentralized platform based on blockchain technology for talents and companies allowing them to benefit from each other’s offers without any middlemen. Talents will be able to create their profile and prove their experience. The platform is set on freemium business model. The only not free feature is access to premium functions.

The participants of Talao platform can be divided into 5 types: talents, communities, clients, third parties and competitors. The talents can be represented by different freelancers who may or may not have the traditional job as well as retired professionals. Communities are the networks of the same field professionals, like the community of graphic designers or software developers etc. Clients are the companies, institutions, centers and other businesses searching for the human resources. Third parties are the participants involving new talents or new clients to join this platform (employment agencies, consultants, job boards and others).

Problem

If the user is using online platforms like Upwork and Toptal, reputation of these platforms may or may not be stable because of extremal factors. As an example, Elance freelancers’ reputations dropped when Elance merged with ODesk to create Upwork.

Falsification of resume is the biggest problem for the companies, a survey on resume it results saying that 53% of resumes contain falsification, 21% show fraudulent degrees. 29% show altered employment dates. 33% have inaccurate job descriptions. 27% give falsified references. Centralized platforms for freelancers take 5-20% as a commission for providing platform.

Solution

Talao is Ethereum-based decentralized and autonomous platform dedicated to talent, it enables access to huge number freelancers, expertise and allows them to build a strong community-based reputation

It provides solution for centralized platforms own talent data by enabling talent to own their professional data and reputation.

For falsification of resumes it provides solution by communicating businesses with the access to their stored data in the Talao Blockchain Vault

Features of The Talao Platform

The platform is a Decentralized autonomous organization, i.e. is totally decentralized and is under control of professionals. The rules are adjusted to reach maximum honesty and comfort for all parties.

Different options of payment: fiat and cryptocurrency.

Professional reputation pool. All the information is stored in a protected digital vault with the description of Blockcerts Certificates. Only the owner of profile decides who and when can have access to this information.

There is no middleman or any commissions. Ethereum smart contracts are used at all the steps. The fees for profile access are established and received by talents themselves.

The revenue of the platform is around 2% of the Gross Payment Volume and is based only on premium services and platform adaptation to certain demands of customers.

Transparency and sincerity. The regulation of company is uploaded to IPFS and has public access. DAO voting is a public smart contract.

A free arbitration court in case of a conflict situation. At any smart contract between the talent and the client, the sum is kept in the escrow account and is automatically transferred to the talent at the client consent. In another case it is solved by arbitrary based on reputation.

Benefits of The Talao Platform

Zero percent commission fee for using the platform

Settle conflicts no mediator fees.

Use fiat and cryptocurrencies escrow account for payment

Components of platform

It allows talent to own their data they can control their past experiences, choose who can access it and contact them. Their data is available in smartphone wallet provided by Blockcerts and Professional Reputation Vault.

Professional Reputation Vault:

It is most powerful tool provided to talent to control their own asset. In this user can store Blockcerts Certificates and other documents to prove skills and professional experience and user have option to give clients and agents read access to their vault.

Confidence Index and FCR standard:

The purpose of confidence index is to evaluate the candidates. A high Confidence Index is a proof of honesty and sincerity, The Confidence Index can value any resume

It is based on Fully Certified Resume standard (FCR) it contains full information contact details, education, experience, skills

Its revenue model is based on

• Premium Features paid by companies (Priority Requests, Fast Matching services based on AI to find quickly the best profiles, etc...)

• Monthly Subscription paid by companies to build their Private Freelancing Marketplace These marketplaces are also using the TALAO token and are based on the same blockchain based platform.

TALAO Token Sale and ICO

TALAO tokens are the utility tokens. They are issued with adhere to ERC20 token standard and can be kept at any wallet supporting ERC20 tokens (MyEtherWallet, Mist, MetaMask etc.) These tokens give access to premium services and functionalities of DAO. Talents can monetize their network and place bids, can certify his resume. The companies can choose the needed specialist, check the best matching profile, and have priority for urgent requests.

Token Details

Ticker name: TALAO

Token type: ERC20

Total supply: 150,000,000 TALAO

Hard Cap: 2,4000 ETH

Soft Cap: 5,000 ETH

Public presale: June, 5th – July, 1st

ICO: July 2nd – July 29th

Token price: 1 ETH = 1,000 TALAO

Payments accepted: ETH

Bonuses

From the 4th to the 11th of June: 25%, 1 ETH = 1,250 TALAO