LABORCRYPTO - THE GLOBAL FREELANCE PEER TO PEER ECOSYSTEM THAT SHARES REVENUE
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, LaborCrypto, a peer to peer freelance platform that connects consumers and freelancers has arrived.
Before I take you on this voyage, please check out this video presentation
Now that I have your attention, let’s get right to it.
What exactly is LABORCRYPTO?
According to the LaborCrypto website LaborCrypto is a peer to peer freelance platform that connects consumers and freelancers. We empower our community with global opportunity, inclusion and share the revenues of the company with all active consumers and freelancers.
In addition, LaborCrypto is a globally independent platform for P2P. It is a technology company that expanded blocks and encryption to transform modern society. LaborCrypto takes advantage of Blockchain technology, artificial intelligence technology and the strengths of people to break the independent economy by solving all the problems and opens a great door to independent professionals around the world. LABORCRYPTO provides the following solutions to provide an easy work method.
Reduction of the transaction fee. In this case, insecure users can save money by making money. 50% of the costs collected must be distributed to the owner of the token and depend on the contribution of the user to this ecosystem.
This is a platform to promote the creation of the market for all users, including consumers, freelancers and all participants.
The LaborCrypto vision revolves around building an ecosystem rooted in our core values: inclusion, opportunity and empowerment. These values lead to the creation of an ecosystem that provides value beyond the numbers. It’s a human strategy.
Many of the existing platforms that cater to the gig economy expend all of their efforts on solving one or two problems, such as how to pay the user quickly or reduce service fees. These are valid concerns within the freelance market, but the most important issue-user loyalty-remains largely ignored. As long as freelancers benefit from doing business directly with the customer, they will always undercut the platform todo so. At LaborCrypto, we believe that it’s important to compensate users for their time, dedication and loyalty.
The way we plan to go about this is by sharing half of the platform’s actual revenue with both the users and freelancers who contribute to the growth of the ecosystem, based on their individual contributions. For example, if a customer spends $100 and the worker generates $1,000, the worker will receive ten times the reward the customer does.
THE MARKET ANALYSIS
The global freelance market is already in the trillions of dollars and growing. 54 million Americans alone, or 35% of the total workforce population, do some sort of freelancing. (Elance Report). In 2014,international online freelance work totaled $941M, and North America, Europe and India freelancers alone accounted for 77 million freelancers strong. 66% of that work was conducted on online platforms.
While governments and statisticians find ways to follow this growing Future of Work phenomenon,millions more people have attained internet access across the world in countries that provide online services. North America accounts for over 60% of all consumption of these services due to higher labor rates and cost of living. LaborCrypto™ will benefit from having experienced leadership accustomed tooperating in the most active hiring region of international freelancers.
LABORCRYPTO offers the following solutions for a simple working method.
Reduction of transaction fees. In this case, unsecured users can save money by making money. 50% of the collected costs must be distributed to the owner of the token and depend on the contribution of the user to this ecosystem.This is a platform to promote the creation of the market for all users, including consumers, self-employed and all participants.
First of all, integration, use of digital currency, smart contract, lack of management of the bank, additional costs.The main duty of this project is to adapt and use LBR currencies promptly, allowing LBR currencies to be used in several places with the exchange of services. To transfer laboratory funds, users with iOS and ANDRIOD wallets are allowed.
Referral generation and Co-op partnerships.
LBR tokens to be used as form of payment and a store of value.
Removal of banking barriers and fees to unbanked individuals.
Ensure transparency and user protection throughout the project cycle
HOW IT WORKS?
Consumers and freelancers come to the LaborCrypto website. They send a job or hire a freelancer. Only the method of payment – use the coin Laborcrypto. Fee for service. The user receives more money. Users will actively participate in valuable common programs. The main features of LABORCRYPTO are as follows. The general interest to the user / client (ten times less than most platforms, which are aimed at solving services with high interest and low cost of users and builds loyal relations between users and the company) commission.
Updating income (about 50%). (Other platforms spend a lot of time on payment, so the lab does not withhold payment, it is easy to simplify and has all the functions that attract platform users.) Of course, the loyalty of the user. Supporting 100% of this income and receiving a quarterly distribution of compensation, qualified freelancers are more likely to provide their services.
THE LBR TOKEN
LBR is a utility symbol that allows owners and users of a free platform to use the various services offered by the LABORCRYPTO system, including the right to receive compensation and additional bonuses.
Symbol Token – LBR
Hard cap – $ 22 million
Soft cap – $ 2 million
Total number of tokens – 100,000,000,000 LBR
Price of the token ICO: 1 USD = 2000 LBR
Accepted currencies – ETH, BTC
Minimum investment amount – 0,01 ETH
Standard security key – ERC 20
ICO will begin in June 2018 and will begin within the last 60 days.
All unsold tokens are burned.
TOKEN ALLOCATION & USE OF PROCEEDS
Expansion of the development team and strategic consultants to improve the implementation plan based on the stages.
Created token and smart contract Checked Do you want to start development Reg D file
Pre-delivery assembly Advisory group and partnerships
ICO Crowed Sale? And further marketing growth File licensing and government regulatory applications Reg A
Distribution of tokens
API and SDK for LBR Token, which will be used on partner platforms (starting with ChoreRelief)
Initial alpha and beta testing of an independent platform
Complete the platform and start the transaction And expand the international development team biz dev
Creation and launch of mobile applications.
Creating local offices in multiple countries Launching partnerships in education and training
Improvements and improvements on the platform Ecosystem Development
Launch of a full API and SDK library for implementing LBR as a form of payment on other freelance or gaming platforms
MEET THE AMAZING TEAM & ADVISORS
VP of Operations
Attorney and Blockchain Entrepreneur / Advisor
Vp Strategic Partnerships
Advisor Ceo Pinkcoin
Worldwide global procurement
Data Governance & Controls Advisor
Lead Software design
Manger of Quality Assurance
Senior Blockchain Developer
Senior Quality Analyst
Senior Blockchain & Web Developer
Lead Full Stack Web Dev
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Bounty Thread: https://bitcointalk.org/index.php?topic=4721601.0
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.