• New Bitcoin Cash (BCH) powered freelance marketplace gets ready to take on Fiverr
• Fiverr officially stopped accepting Bitcoin payments in January 2017
• The new Fiverr alternative is attempting to lure freelance talent by allowing users to earn Bitcoin Cash and by charging 50% less commission than Fiverr on all sales

Fivebucks Marketplace Lets Fiverr Freelancers Earn Bitcoin Cash

Could Bitcoin Cash be about to turbocharge the cryptocurrency gig economy?

As of August 2018, the world has a brand new freelance marketplace. However, what makes Fivebucks unique is the fact that the platform is the first to allow freelancers to earn Bitcoin Cash instead of regular fiat currency.

Fivebucks May be About to Give BCH New Credibility

Before going on, let's address the elephant in the room.Bitcoin Cash is one of the most controversial cryptocurrencies on the market. Ever since forking from Bitcoin, ethical concerns and price manipulation rumors have run rampant. However, as of now, Bitcoin Cash is the only cryptocurrency attempting to break into the lucrative freelance market. - And this could be game-changing.

Fivebucks Review - Why the New Freelance Platform Could be a Hit

In a recent review of D'App-based freelance marketplace Ethlance, (click here to see full article) I highlighted everything wrong with both Ethlance and the wider D’App economy.

Platforms like Ethlance don’t appeal to real freelancers or freelance clients. They require the installation of unfamiliar browser extensions (Metamask). They present users with unfamiliar user interfaces. Worse, they insist that people buy Etherum and start spending ETH just to start exchanging messages. Thankfully, Fivebucks is different.

                                         

Fivebucks employs a similar aesthetic to that of Fiverr. Much more importantly, users don’t need to interact with Fivebucks via complicated browser extensions. Instead, businesses, individuals, and freelancers sign up via email. As soon as they do, users can then start buying and selling services just like they do on Fiverr.

Freelaners are Crying Out for a Fiverr Alternative

Whether you love or loath BCH, one thing is inarguable. This being that Fivebucks allows people to earn BCH just like Satoshi Nakamoto envisioned people would one day earn Bitcoin.Fivebucks isn't a Bitcoin faucet. Fivebucks is a real commercial marketplasce. More importantly, Fivebucks and BCH have responded to a real market demand for a new kind of freelance platform.

Fiverr's Golden Years are Over

For over a year, freelancers using platforms like Fiverr have been crying out for an alternative.

• Fiverr currently applies a staggering $2 payment processing fee on all transactions
• Fiverr allows any payment to be reversed, leaving some freelancers down $100’s on a regular basis
• Fiverr routinely bans users without reason and confiscates all funds held in seller accounts
• Fiverr recently started removing lifetime review counts from some seller profiles, to artificially increase the exposure of unrated but higher priced freelancers

Astronomical fees and manipulation of review counts are driving freelancers and their clients away from Fiverr. Fivebucks has, therefore, launched at precisely the right moment.

Flat 10% Commission & Zero Fees on All Purchases

At present, Fiverr and other marketplaces charge freelancers 20% commission on all sales. By comparison, Fivebucks charges just 10%. To attract professional clientele, payment processing fees are also reduced. Instead of $2 on Fiverr, (per transaction) freelance clients pay standard BCH transaction fees when purchasing products and services. (BCH fees start at just $0.04 per transaction.)

Fivebucks Vs. Fiverr

In my review of Ethlance, I argued that businesses and individuals will never buy cryptocurrency upfront to use platforms like Ethlance. However, with Fivebucks, things are very different.

• Low BCH fees mean people using Fiverr to hire freelancers can now save $1.96 per transaction, by switching to Fivebucks
• Fiverbucks gigs make more economic sense for freelancers, as payments settle instantly and can’t be reversed by clients
• Freelancers can earn Bitcoin Cash without needing to pay upfront fees before they start working

Fivebucks Could Lead to a Bitcoin Cash Price Boom

Low fees give Fivebucks a significant advantage over fiat cash based freelance marketplaces. The benefits for Bitcoin Cash could, therefore, be phenomenal. - All that Fivebucks and BCH need to do next is start more effectively targeting the professional freelance community.

                   

What Fivebucks Needs to do Next

On paper, Fivebucks has everything. However, one fatal flaw might prove to undermine the platform.

At present, Fivebucks stipulates that all services must be offered at a $5 base price. This will deter many freelancers and could lead to Fivebucks becoming just another Fiverr clone. Specifically, one populated by low-quality gigs and scammers. To take advantage of the need for alternatives to platforms like Fiverr, Fivebucks should, therefore, quickly reconsider their current approach to pricing.

Fiverbucks Tips for Freelancers

Are you a freelancer? If so, you'll already know how over saturated platforms like Fiverr, Upwork, and People Per Hour are. This is important as Fivebucks is still brand new. In this case, if you believe (like I do) that the world needs a cryptocurrency based freelance marketplace, consider signing up to Fivebucks to take the platform for a test-drive.

About Me

My name is Andy. I am a full-time freelance writer and owner of my own new blog: https://omglitecoin.com/

I do not own any Bitcoin Cash. (Though, I do own other forms of cryptocurrency.) This article is an unbiased review of Fiverbucks. I am passionate about the need for a true cryptocurrency powered alternative to freelance marketplaces like Fiverr. I believe that allowing people to earn Bitcoin and other coins directly is key to helping cryptocurrency reach wider mainstream adoption. I hope that you found this article insightful and if so, please like and share!