GigTricks: A Completed Integrated Ecosystem for Freelance and On-Demand Economy

tranduong123 (9)in #cryptocurrency • 6 years ago

In the present context of the labour market, the freelance and on-demand economy are lacking the principle standards to form a trustworthy business relationship between clients and freelancers. To solve this problem, GigTricks be building an ecosystem base on blockchain technology to increase transparency, trust and reliability among platform participants (i.e. clients and freelancers).

GigTricks’ ultimate goal is to support the fight against global recession by creating unlimited opportunities for talented peoples so that they can simply find the gigs, work from home, generate income and spend on their consumer needs resulting in a true economic growth.

What are the competitive advantages of GigTricks over other freelancing platforms?

The GigTricks ecosystem provides the following advantages to all participants in the system:

- Scalable, reliable and transparent: Due to the distributed repository protocol, each operation will be registered within the network in a way that is transparent, publicly verifiable. As such, nothing can be tampered or falsified within the ecosystem.

- Interoperable: With a single interface of GigTricks, entrepreneurs will be able to select from numerous worldwide freelancers or buy any product or service without having to change platforms. - Fast: The blockchain will offer the technical consensus mechanism, enabling data validation in less than 1 second in certain scenarios.

- Competitively low transaction costs: The blockchain consensus mechanism assists in minimizing transaction costs for participants.

- Trustable: Since all the transactions within the blockchain are immutable, GigTricks becomes a powerful and solid platform for storing data. Moreover, all disputes within the ecosystem will be handled on a decentralized basis via the incentivized voting process.

- Improved engagement: GigTricks encourages community members, including content viewers, content creators, streamers etc., to be more engaged among themselves as participants involving in the platform will be rewarded by GigBit Tokens.

- Smart: GigTricks will not only allow entrepreneurs to hire the world’s best talents within seconds but also verify the blockchain-based immutable review rating for every freelancer. The review/skill data will be permanently stored inGigTricks platform so that entrepreneurs can search review ratings for every freelancer’s individual skill.

Finding out the diverse utility of GigBit Tokens:

The GigBit Token is used as the key payment service in GigTricks platforms. The token is based on ERC20 format and works in Ethereum network in order to make it easily adoptable by the community and by the market. The followings are GigBit token typical use cases:

- In-app transaction for unlocking products or services: Users will be able to buy products or services from the freelancers and other professionals across any GigTricks platforms. They can easily deposit GigBit tokens to their GigTricks accounts, which will help them buying any product or service at any time of their choice.

- User subscriptions: Users can use Gigbit Tokens to subscribe to any service or product which requires a monthly reoccurring fee to perform certain tasks on the platforms.

- Community reward: GigTricks will reward its user base through a gasification process which will dramatically increase user engagement through the rewards process such as signing up, sharing content, funding open source distributors etc.

- Advertising: Advertisers can buy ads on GigTricks platforms by paying fees in GigBit Tokens.

- Royalty payments: Active members with long-term usage and high degree of engagement within the platform will be rewarded GigBit Tokens.

- Freelancer tipping: The buyers can tip budding freelancers by Gigbit Tokens to express appraisal and appreciation on their performance. All the tipping will be recorded in Hyperledger and will also contribute to the review scoring for freelancers.

In conclusion

GigTricks solution brings about many advantages for any participant in both freelance and on-demand economy. Whether you are an entrepreneur who wants to hire the best talents or a freelancer who are seeking jobs, this blockchain-based system can assist in maximizing your opportunity to have your work done within seconds. With GigBit Tokens serving as main payment service, users cannot only reduce transaction costs but also reward other budding freelancers on their performance easily, which effectively helps broaden the community.