The first generation of the digital revolution brought us the Internet of information. The second generation—powered by blockchain technology is bringing us the Internet of value, a new distributed platform that can help us reshape the world of business and transform the old order of human affairs for the better.
Blockchain is the ingeniously simple, revolutionary protocol that allows transactions to be simultaneously anonymous and secure by maintaining a tamperproof public ledger of value. Though it’s the technology that drives bitcoin and other digital currencies, the underlying framework has the potential to go far beyond these and record virtually everything of value to humankind.
In this sea of inovation and new technologies there are visionary projects that come to life in the form of ICO’s and today i am going to present you with one of the most promising one on the market. I will be introducing you to PayperBlock a blockchain-based freelancer platform, which is owned and operated by Payperblock Ltd and is used to connect professionals and jobs. The primary customer pool for the company includes freelancers who are blockchain experts and organizations.
Payperblock is a blockbuster project organized by a team headquartered in Oulu, Finland. Its main idea is to create an absolutely decentralized, fully transparent and honest freelance platform for blockbuster specialists with lower commissions and decentralized arbitration.
With the recent global economic trend, working at a single firm with ones truckload of labor skills and technical know-how is not healthy for any economy that needs a boom in innovations and wider knowledge, geared towards increasing productivity and equally paying cognizance to the employer. It is also salient that those who contribute favorably towards the progress of any firm or company they find themselves should be meant to exercise their expertise through the share of their labor and service to two or more firms to enhance their pocket or income because rewards for labor breeds more innovations in the productivity of work force in any organization, this fact gave rise to PAYPERBLOCK with the idea of freelancing.
PAYPERBLOCK is a blockchain-based freelancer platform, which is owned and operated by Payperblock Ltd and is used to connect professionals and jobs. The primary customer pool for the company includes freelancers who are blockchain experts and organizations.
THE COMPANY UNIQUE SELLING PROPOSITIONS (USP)
The business model of Payperblock is based on the Payb blockchain for communication and transfer of all transactions. In addition to the blockchain method of operations, the whole organizational structure is intentionally kept distributed to ensure that both clients and freelancers get fair treatment. The unique and superior business model of Payperblock is very robust and is very likely to gain attention and trust of both clients and freelancers due to its USPs that are unmatched in the whole freelancing industry.
These USPs include:
Lowest fees in the industry
For all our clients on Payperblock, there is a provision of 1% fee if they are using PayB coins for payment. Even if clients use Bitcoin currency, fees will go up only to 2%, which is significantly lower than with any rival company.
The company policies are not decided by a single authority team, but instead, all policy decisions are taken in a voting process among all the token holders of the organization, which is a large and diverse group of people.
Payperblock adopts a vigorous process to ensure that freelancers never have to worry about getting paid. For every project, the agreed-upon amount is instantly frozen on the Ethereum account of the client and is released to the freelancer upon completion of the project. If there is any dispute, the resolution is performed by a diverse group of token holders who review the case and provide a fair resolution.
Enhanced and fair dispute resolution process
Both the clients and freelancers working on Payperblock have access to a distributed dispute resolution process. The resolution may refer to a dispute on the quality of the work performed by a freelancer, a dispute on payment, or the issue of an unreasonable or unjustifiable negative review for a project.
Dispute elimination method
We will implement a method that will considerably diminish the occurrence of disputes altogether. We will set up a robust management system that both parties can monitor for a solid workflow that will lead to a successful project.
The main feature of the platform is decentralization of all processes, including guaranteed payment for work done and security of payments, low commissions and community voting, resolution of disputes and prevention of their occurrence. All this is achieved through the use of its own blockbuster – PayB Blockchain, as well as PayB Token tokens.
TOKEN AND ICO DETAILS
A grand total of 10 billion Payperblock tokens will be minted for the freelancing platform business operations. Out of all the tokens minted, 45% will be made available to general public for purchase, 25% of the tokens will be reserved for the task of future development of cold storage, 15% for the development team and project advisors, and the remaining 15% for the bounty program and bonus provisions on the Payperblock platform.
Currencies that will be accepted on the Payperblock platform and for the purchase of Payperblock tokens include ETH, BTC, and LTC.
SoftCap: 1 million Dollars
HardCap: 5 million Dollars
PAYPERBLOCK will be opening sales for their token for investors to invest and make reasonable profit during distribution, below is a simple analysis of the ICO funding;
10billion payperblock will be minted,
45% for public purchase
25% reserved for future development
15% team development
15% bounty program
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