LIBERTYLANCE SOLUTIONS THE BEST PROBLEM IN DECENTRALIZED MARKET BASED ON ETHEREUM FOR CLIENTS AND FREELANCERS

jrengkong (10)in #libertylance • 6 years ago

LibertyLance is an Ethereum based decentralized marketplace for both clients and freelancers where freelancers can post their gigs and clients can select from those gigs based on their reviews, pricing and delivery.

Because LibertyLance is built using blockchain technology the consumer data will be protected without fear of being stolen by those who are not responsible. LibertyLance can solve many of the fundamental problems that exist in a decentralized marketplace. Consumers will also benefit from transparency that lets you track your personal data, while gaining full trust to keep the user intact.

LibertyLance aims to transform the gig economy by providing a self regulatory and trustless platform between the freelancer and client. It intends to solve many underlining problems currently faced by the freelancing community such as: Centralized marketplaceauthority, high transaction fee, security of funds, delayed withdrawals and undeserving reviews.

With the presence of LibertyLance will be one solution for big data owners who have begun to hassle, or may want to sell to the public "collection" of their big data, because with them release it to the public, then doubled profits or at least "behind the capital" they can get later. LibertyLance ensures users will find it easy and also win the users trust LibertyLance market that provides reliable data and high quality content.

PROBLEMS WITH TRADITIONAL MARKETPLACES

CHARGED FEE
Unlike other platforms that deduct up to 30% from freelancers that are struggling to meet some related expenses. Whereas, on LibertyLance both client and freelancer pay only 2% each!
CENTRAL CONTROL
Traditional platforms have a centralized authority that places the power in the hands of a few people with little clarity as to how decisions are made.
PAYMENT ISSUES
Payment withdrawal in some platforms can take up to 2 weeks. On LibertyLance as soon as client is satisfied with the work, funds will be instantly transferred through smart contracts to the freelancer.
UNDESERVING REVIEWS
Freelancers have to burn extra fuels to meet up with deadlines or else they get an undeserving review after all the hard work they had put in and ultimately an adverse effect on their earnings and rankings.

DISPUTE RESOLUTION
If the freelancer has completed the gig but the client is not satisfied with the service and opts for a dispute, this entitles the said client or freelancer to a refund. In such case, those with our LTN tokens will be able to participate in the dispute handling cases as the marketplace won't have any control over any ongoing disputes.

Consensus reached by the token holders will enable the smart contract to automatically release the funds to the winning party, be it the client or the freelancer. This will enable a widespread decision making across multiple users ensuring transparency and effective decision making rather than a single centralized authority passing verdicts.

HOW TO WORK LIBERTYLANCE

The process begins with the client choosing from various performances sent by freelancers. Complete the question and pay for a certain show, smart contract will be initiated and cost 2% + the number of shows will be charged from the client which will be done in escrow by smart contract.

MARKETPLACE ACCESS
Any user can register on our platform without any costs but access to features and functionalities will be restricted to the freelancers as they must have a small minimum number of LTN tokens in their account wallet in order to unlock the features of the platform. This is done in order to remove any bad actors from the marketplace and to ensure the long term growth and stability of the platform. Some of the features include:

Ability to receive client orders
Detailed dashboard statistics such as earnings report, portfolio management, past gig details etc
Exclusive seller badges on different levels to boost profile visibility
Ability to send custom gig offers or specific milestones to clients
Ability to post multiple gigs from the same account

LIBERTYLANCE TOKEN